Volvo 2001 Annual Report Download - page 107

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103
ELEVEN-YEAR SUMMARY
Other share data
1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001
Number of shareholders at year-end 170,500 163,800 147,300 182,700 206,700 176,800 225,500 210,600 238,000 230,000 214,000
Number of Series A shares outstanding
at year-end, millions 25.3 25.3 25.3 142.2 142.2 142.2 138.6 138.6 138.6 124.7 131.7
Number of Series B shares outstanding
at year-end, millions 52.3 52.3 52.3 301.9 321.4 321.4 302.9 302.9 302.9 272.6 287.8
Average number of outstanding shares, millions 415.9 458.9 463.6 452.5 441.5 441.5 421.7 422.4
Number of Series A shares traded in
Stockholm during the year, millions 64.7 16.6 32.8 54.1 23.2 23.7 23.7 34.5 27.0 42.4 40.3
Number of Series B shares traded in
Stockholm during the year, millions 34.5 169.7 465.5 363.3 363.3 316.4 362.7 371.3 479.6 391.2 344.4
Number of A and B shares traded in
London during the year, millions 89.1 178.9 150.7 287.5 232.8 301.0 260.8 425.5 215.8 143.0 169.0
Number of shares traded in
ADR, NASDAQ during the year, millions 9.9 9.4 11.5 19.0 73.5 83.0 51.8 50.5 54.9 16.0 15.0
1 Effective in 1997, adjustment was made to conform with the Swedish
Financial Accounting Standard Council’s recommendation, RR9, Income
Taxes. See Note 1 to the consolidated financial statements. Income per
share is calculated as net income divided by average number of shares
outstanding.
2 Dividend in SEK per share divided by share price at year-end.
3 Share price at year-end, including dividend paid during the year, divided
by share price at beginning of the year, including redemption 1997 and
distribution of one share of Swedish Match 1996.
4 Share price at year-end divided by income per share.
5Market value at year-end minus net financial position and minority
interests divided by operating income excluding restructuring costs.
6Dividend divided by income per share.
7Shareholders’ equity divided by number of shares outstanding at year-end.
8Plus one share of Swedish Match per Volvo share, price of SEK 21.74
(weighted average first ten trading days following listing).
9Proposed by the Board of Directors.
10 Source NASDAQ - Citibank.
VOLVO SHARE STATISTICS
Distribution of shares, December 31, 2001
Number of % of Share of
Volvo shareholder owning shareholders total votes 1capital, % 1
1–1,000 shares 201,647 7.8 8.5
1,001–10,000 shares 11,458 4.7 6.3
10,001–100,000 shares 765 4.3 5.9
100,001– 241 83.2 79.3
Total 214,111 100 100
1 Based on all registered shares.
The largest shareholders in AB Volvo, December 31, 2001 1
Number % of Share
of shares total votes 2capital, % 2
Renault SA 88,304,177 20.0 20.0
Franklin-Tempelton funds 26,049,296 1.5 5.9
Robur aktiefonder (savings funds) 15,698,884 6.1 3.6
Investor AB 14,219,720 1.5 3.2
AMF Pensionsförsäkringar AB
(labor market insurance) 14,116,000 3.4 3.2
Alecta (former SPP) 12,921,257 3.8 2.9
Skandia (insurance) 10,679,293 4.3 2.4
AFA Försäkring (insurance) 6,177,258 1.0 1.4
Fjärde AP-fonden (labor fund) 5,428,795 2.1 1.2
SEB fonder (savings funds) 5,365,179 1.2 2.3
Total 44.9 46.1
Data per share (adjusted for issues and splits) 1
1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001
Income, SEK 11.80 (8.60) (8.90) 31.80 20.20 26.90 23.20 19.10 73.00 11.20 (3.50)
Dividend, SEK 3.10 1.55 1.55 3.40 4.00 84.30 5.00 6.00 7.00 8.00 8.00 9
Share price at year-end, SEK (B share) 63 69 108 140 136 151 213 186 220 156,50 176
Direct return, % (B share) 24.9 2.3 1.4 2.4 2.9 2.9 2.3 3.2 3.2 5.1 4.5
Effective return, % (B share) 361 13 60 32 0 30 46 (10) 22 (23) 17.6
Price/earnings ratio (B share) 436 neg neg 47699314neg
EBIT multiple 5neg neg 36 7 7 16 9 11 10 10 25
Payout ratio, % 6176 neg neg 11 20 16 22 31 10 71 neg
Shareholders’ equity, SEK 787 77 70 98 110 125 140 157 221 222 203
Return on shareholders’ equity 2.0 neg neg 36.5 19.3 23.7 17.2 13.0 34.9 5.0 neg
1 Following the repurchase of own shares, AB Volvo held 5% of
the Company’s shares on Dec 31, 2001.
2 Based on all registered shares.
10