Five-year overview

INCOME STATEMENTS in summary, SEK millions	2012	2011	2010	2009	2008
Operating income	1,332.7	1,146.00	838.9	776.8	797.6
Personnel costs	-929.7	-757.5	-578.8	-533.8	-503.4
Other external expenses	-304.0	-273.2	-194.4	-185.5	-183.7
Depreciation, amortisation and impairment losses	-19.5	-16.2	-15.3	-17.0	-14.9
Share in profits of associates	-0.1	1.2	0.8	0.3	0.5
Operating profit/loss	79.4	100.3	51.2	40.7	96.1
Net financial items	-3.4	-2.7	-1.9	-0.4	1.1
Earnings after net financial items	76.0	97.6	49.3	40.3	97.2
Tax	-17.5	-33.2	-14.0	-12.0	-27.5
Profit for the year	58.5	64.4	35.3	28.3	69.7
Data per share
Earnings per share, SEK	5.17	5.68	3.22	2.61	6.45
Equity per share at end of period	29.50	27.75	23.74	21.31	21.50
Dividend per share (2012 proposed dividend)	3.00	3.00	1.75	1.50	2.50
Average number of shares	11,321,721	11,321,721	10,946,721	10,821,721	10,809,147
Number of shares at end of period	11,321,721	11,321,721	11,321,721	10,821,721	10,821,721

BALANCE SHEETS in summary, SEK	2012	2011	2010	2009	2008
Intangible assets	220.3	208.7	206.3	105.6	104.0
Property, plant and equipment	29.9	27.3	28.6	31.1	34.7
Financial assets (including deferred taxes)	39.4	42.0	6.3	3.0	3.0
Current receivables	373.7	316.7	258.8	185.0	189.8
Cash and cash equivalents	38.7	48.7	39.6	62.7	77.1
Total assets	702.0	643.4	539.6	387.4	408.6
Shareholder’s equity	334.1	314.4	281.7	230.6	232.7
Non-current liabilities	106.7	114.2	93.5	33.7	33.8
Current liabilities	261.2	214.8	164.4	123.1	142.1
Total liabilities and equity	702.0	643.4	539.6	387.4	408.6

CASH FLOW in summary, SEK millions	2012	2011	2010	2009	2008
Cash flow from operating activities	61.1	61.0	19.2	30.7	92.0
Cash flow from investment activities	-27.6	-63.5	-102.5	-12.3	-32.9
Cash flow from financing activities	-43.0	11.8	63.3	-32.8	-27.8
Cash flow for the year	-9.5	-9.3	-20.0	-14.4	31.3

KEY RATIOS	2012	2011	2010	2009	2008
Operating margin, %	6.0	8.8	6.1	5.2	12.0
Profit margin, %	5.7	8.5	5.9	5.2	12.2
Return on equity after tax, %	18.0	21.6	14.1	12.2	33.8
Return on capital employed, %	19.2	26.8	11.3	16.3	27.2
Cash liquidity (excl. unused overdraft facility), %	158	170	186	201	188
Equity/assets ratio, %	47.6	48.9	52.2	59.5	57.0
Debt/equity ratio, times	0.3	0.3	0.2	0.1	0.1
Interest coverage ratio, times	15	20	22	41	62
Net liabilities, MSEK	57.9	55.9	24.4	-	-
Unused overdraft facility, MSEK	44.3	15.0	11.1	15.0	15.0
Cash and cash equivalents, MSEK	83.0	63.7	50.7	77.7	92.1
Investments, MSEK	28.2	66.1	106.4	13.0	33.6
Debiting ratio, %	76	76	74	74	79
Number of working days	248	251	250	249	250
Number of full-time employees	1,216	1,216	1,010	895	893
Number of employees	1,532	1,222	1,038	939	893
Revenue per full-time employee, SEK thousand	933	942	830	868	893