Volvo 2002 Annual Report Download - page 86

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84/85
Eleven-year summary
Other share data
1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002
Number of shareholders at year-end 163,800 147,300 182,700 206,700 176,800 225,500 210,600 238,000 230,000 214,000 211,000
Number of Series A shares outstanding
at year-end, millions 25.3 25.3 142.2 142.2 142.2 138.6 138.6 138.6 124.7 131.7 131.7
Number of Series B shares outstanding
at year-end, millions 52.3 52.3 301.9 321.4 321.4 302.9 302.9 302.9 272.6 287.8 287.8
Average number of outstanding shares, millions 415.9 458.9 463.6 452.5 441.5 441.5 421.7 422.4 419.4
Number of Series A shares traded in
Stockholm during the year, millions 16.6 32.8 54.1 23.2 23.7 23.7 34.5 27.0 42.4 40.3 27.3
Number of Series B shares traded in
Stockholm during the year, millions 169.7 465.5 363.3 363.3 316.4 362.7 371.3 479.6 391.2 344.4 349.4
Number of A and B shares traded in
London during the year, millions 178.9 150.7 287.5 232.8 301.0 260.8 425.5 215.8 143.0 169.0 60.8
Number of shares traded in
ADR, NASDAQ during the year, millions 9.4 11.5 19.0 73.5 83.0 51.8 50.5 54.9 16.0 15.0 11.0
1Effective 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 distribu-
tion 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.
VOLVO SHAR E STATISTICS
Distribution of shares, December 31, 2002
Number of % of Share of
Volvo shareholder owning shareholders total votes 2capital, % 2
1–1,000 shares 198,883 6.3 7.2
1,001–10,000 shares 10,726 4.7 5.9
10,001–100,000 shares 716 3.4 4.6
100,001– 246 85.6 82.3
Total 210,571 100 100
The largest shareholders in AB Volvo, December 31, 2002 1
Number % of Share
of shares total votes 2capital, % 2
Renault SA 88,304,177 20.0 20.0
Franklin Templeton funds 26,049,296 1.5 5.9
Robur fonder (savings funds) 14,570,794 5.8 3.3
Alecta (former SPP) 13,858,100 4.0 3.1
SHB 8,976,256 5.2 2.0
AMF Pensionsförsäkringar AB
(labor market insurance) 7,387,000 3.0 1.7
Skandia (insurance) 7,374,466 4.1 1.7
Nordea fonder (saving funds) 7,113,750 1.5 1.6
SEB fonder (savings funds) 6,938,404 2.3 1.6
Fjärde AP-fonden (labor fund) 6,777,795 2.2 1.5
Total 187,350,038 49.6 42.4
Data per share (adjusted for issues and splits) 1
1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002
Income, SEK 1(8.60) (8.90) 31.80 20.20 26.90 23.20 19.10 73.00 11.20 (3.50) 3.30
Dividend, SEK 1.55 1.55 3.40 4.00 84.30 5.00 6.00 7.00 8.00 8.00 8.009
Share price at year-end, SEK (B share) 69 108 140 136 151 213 186 220 156.50 176 142
Direct return, % (B share) 22.3 1.4 2.4 2.9 2.9 2.3 3.2 3.2 5.1 4.5 5.6
Effective return, % (B share) 313 60 32 0 30 46 (10) 22 (23) 17.6 (14.8)
Price/earnings ratio (B share) 4neg neg 47699314neg43
EBIT multiple 5neg 36 7 7 16 9 1110102523
Payout ratio, % 6neg neg 11 20 16 22 31 10 71 neg 242
Shareholders’ equity, SEK 777 70 98 110 125 140 157 221 222 203 187
Return on shareholders’ equity neg neg 36.5 19.3 23.7 17.2 13.0 34.9 5.0 neg 1.7
1 Following the repurchase of own shares, AB Volvo held 5% of the Company's
shares on Dec 31,2002.
2 Based on all registered shares.