Saab 2011 Annual Report Download - page 155

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MSEK, unless otherwise indicated 2011 2010 2009 2008 2007 2006 2005 2004 4) 2003
Order bookings 18,907 26,278 18,428 23,212 20,846 27,575 17,512 16,444 19,606
Order backlog at year-end 37,172 41,459 39,389 45,324 47,316 50,445 42,198 43,162 45,636
Sales 23,498 24,434 24,647 23,796 23,021 21,063 19,314 17,848 17,250
Foreign market sales, % 63 62 69 68 65 65 56 48 46
Defence sales, % 84 83 83 83 81 79 82 80 80
Operating income (EBIT) 2,941 975 1,374 166 2,607 1,745 1,652 1,853 1,293
Operating margin, % 12.5 4.0 5.6 0.7 11.3 8.3 8.6 10.4 7.5
Operating margin before depreciation/am-
ortisation and write-downs excluding
leasing (EBITDA), % 17.4 9.0 10.5 6.4 16.0 12.0 11.3 13.1 11.1
Income after financial items 2,783 776 976 -406 2,449 1,693 1,551 1,712 1,073
Net income for the year 2,217 454 699 -242 1,941 1,347 1,199 1,310 746
Total assets 31,799 29,278 30,430 32,890 33,801 32,771 30,594 27,509 28,704
of which Saab Aircraft Leasing 2,625 3,049 3,362 3,226 3,415 3,397 4,887 5,314 6,181
of which advance payments, net 1,022 643 442 897 2,558 3,642 3,528 2,860 3,990
of which shareholders’ equity 13,069 11,444 10,682 9,330 11,008 10,025 9,493 8,221 7,003
equity per share, SEK 1) 122.94 107.66 99.91 86.49 101.53 89.80 84.10 74.89 65.75
Net liquidity/Net debt excluding interest-
bearing receivables and after deduction of
provisions for pensions 4,735 2,382 -1,631 -3,061 -2,802 -261 5,144 3,211 3,149
Net liquidity/ debt 5,333 3,291 -634 -1,693 -1,627 605 2,856 781 495
Cash flow from operating activities 2,392 4,487 1,696 954 -1,304 969 2,541 865 1,348
Operating cash flow 2,477 4,349 1,447 659 -1,603 -1,900 2,645 325 545
Average capital employed 13,987 13,743 13,775 13,994 13,430 12,789 12,925 12,386 11,629
Return on capital employed, % 22.2 7.9 10.3 1.4 19.4 14.5 14.6 17.3 12.7
Return on equity, % 18.1 4.1 7.0 -2.4 18.5 13.8 13.5 16.7 10.8
Profit margin, % 13.21 4.47 5.78 0.82 11.4 8.83 9.73 11.74 8.5
Capital turnover rate, multiple 1.68 1.78 1.79 1.70 1.71 1.65 1.49 1.47 1.48
Equity/assets ratio, % 41.1 39.1 35.1 28.4 32.6 30.6 31.0 29.9 24.4
Interest coverage ratio, times 9.58 3.20 3.16 0.35 21.4 13.47 6.08 6.08 3.70
Earnings per share before dilution, SEK 2) 21.19 4.12 6.45 -2.31 17.68 11.91 10.89 11.78 7.00
Earnings per share after dilution, SEK 3) 20.38 3.97 6.28 -2.31 17.60 11.91 10.89 11.78 6.91
Dividend, SEK 4.50,5) 3.50 5) 2.25 1.75 4.50 4.25 4.00 3.75 3.50
Gross capital expenditures for tangible
fixed assets 325 262 197 386 395 433 296 348 472
Research and development costs 5,116 5,008 4,820 4,141 4,523 3,537 3,546 3,929 3,690
Number of employees at year-end 13,068 12,536 13,159 13,294 13,757 13,577 12,830 11,936 13,414
1) Number of shares, excluding treasury shares, as of 31 December 2011: 105,331,958; 2010: 104,717,729; 2009: 105,511,124; 2008: 106,829,893; 2007: 108,150,344; 2006/2005/2004: 109,150,344 and 2003: 106,517,563.
2) Average number of shares 2011: 105,214,551; 2010: 105,217,786; 2009: 106,335,553; 2008: 107,515,049; 2007: 108,668,700, 2006/2005: 109,150,344; 2004: 108,234,126 and 2003: 106,513,969.
3) Average number of shares 2011/2010/2009: 109,150,344; 2008: 107,515,049; 2007/2006/2005: 109,150,344; 2004: 108,234,126; 2003: 109,247,175. Conversion of debenture loan concluded 15 July 2004.
4) Restated according to IFRS, previously not restated.
5) 2011 Board of Directors proposal.
MULTI-YEAR OVERVIEW
SAAB ANNUAL REPORT 2011 151
SHAREHOLDER INFORMATION > MULTI-YEAR OVERVIEW