Volvo 2004 Annual Report Download - page 123

Download and view the complete annual report

Please find page 123 of the 2004 Volvo annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 128

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128

121
Net sales
SEKM 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004
Trucks 1Western Europe 21,121 22,548 21,244 22,280 27,837 30,006 30,415 60,841 61,406 63,097 68,664
Eastern Europe 948 1,299 1,721 2,274 3,089 2,265 3,158 5,526 6,424 7,004 8,767
North America 13,951 13,069 8,510 12,206 17,659 22,303 17,048 33,630 33,721 28,151 35,154
South America 4,780 4,641 2,759 3,832 3,777 2,190 3,111 3,993 3,277 3,464 5,223
Asia 2,474 2,863 2,577 2,410 2,047 2,010 3,432 4,659 5,919 9,206 12,378
Other markets 1,379 1,330 1,443 1,503 1,267 1,492 1,911 7,919 8,005 6,047 6,693
Total 44,653 45,750 38,254 44,505 55,676 60,266 59,075 116,568 118,752 116,969 136,879
Buses Western Europe 3,838 4,709 4,660 5,082 5,528 5,735 6,767 6,263 6,695 6,153 6,422
Eastern Europe 102 34 80 190 366 226 182 373 409 381 526
North America 34 736 1,575 2,314 5,574 6,871 7,723 6,847 3,838 2,984 2,960
South America 1,005 1,087 853 1,002 910 469 732 757 366 329 521
Asia 868 844 1,112 1,562 1,519 943 1,269 1,839 2,022 1,447 1,632
Other markets 289 285 247 432 389 469 514 596 705 684 661
Total 6,136 7,695 8,527 10,582 14,286 14,713 17,187 16,675 14,035 11,978 12,722
Construction Western Europe 4,199 7,163 7,836 9,557 9,901 10,029 10,326 10,383 11,576 12,443
Equipment 2Eastern Europe 112 93 263 336 193 255 341 454 772 1,010
North America 1,403 3,385 5,680 6,548 5,725 5,823 6,145 5,667 5,428 7,926
South America 556 598 991 957 498 776 847 709 636 922
Asia 339 937 1,036 1,092 1,903 2,484 2,773 3,048 3,707 4,961
Other markets 307 628 847 882 662 626 703 751 1,035 1,423
Total 6,916 12,804 16,653 19,372 18,882 19,993 21,135 21,012 23,154 28,685
Volvo Penta Western Europe 1,753 2,065 2,048 2,219 2,725 2,986 3,204 3,789 3,846 4,081 4,723
Eastern Europe 0 1 2 34 23 26 30 38 99 108 184
North America 1,326 1,139 1,142 1,332 1,412 1,770 2,257 2,175 2,261 2,109 2,500
South America 92 99 109 136 153 134 160 213 127 146 142
Asia 464 458 486 643 476 692 794 988 1,141 947 1,324
Other markets 107 116 98 102 142 153 154 177 195 205 184
Total 3,742 3,878 3,885 4,466 4,931 5,761 6,599 7,380 7,669 7,596 9,057
Volvo Aero Western Europe 2,400 2,590 2,950 3,682 4,231 4,560 4,651 4,788 3,422 3,951 3,130
Eastern Europe 13 27 8 6 47 16 42 87 28 49 49
North America 1,104 1,100 1,071 3,066 3,502 4,557 5,040 5,841 4,573 3,301 3,127
South America 0 4 4 257 284 193 134 187 177 152 138
Asia 66 66 89 264 336 491 701 708 497 428 400
Other markets 5 3 21 201 184 136 145 173 140 149 81
Total 3,588 3,790 4,143 7,476 8,584 9,953 10,713 11,784 8,837 8,030 6,925
Other and eliminations110,636 4,321 2,669 3,436 4,781 6,807 6,825 7,073 6,775 7,041 7,228
Net sales excl Financial Services 68,755 72,350 70,282 87,118 107,630 116,382 120,392 180,615 177,080 174,768 201,496
Financial Western Europe 1,198 4,758 5,384 4,461 5,465 6,300 6,240 5,314 5,573 5,604 6,114
Services Eastern Europe 0 0 86 185 257 360 424 474 499
North America 6 54 509 1,152 1,620 2,626 3,216 3,344 2,542 2,432
South America 153 72 297 455 452 451 403 358 396
Asia 0 0 0 1 0 24 49 65 90
Other markets 206 44 52 224 76 103 130 132 110 67
Total 1,198 4,970 5,635 5,094 7,224 8,637 9,678 9,495 9,925 9,153 9,598
Eliminations – – – – – – – (830) (807) (630) (693)
Volvo Group excluding
divested operations 69,953 77,320 75,917 92,212 114,854 125,019 130,070 189,280 186,198 183,291 210,401
Cars 73,598 83,340 83,589 96,453 103,798 – – – – – –
Other divested operations and eliminations 12,315 10,851 (3,446) (5,040) (5,716) – – – – – –
Volvo Group total 155,866 171,511 156,060 183,625 212,936 125,019 130,070 189,280 186,198 183,291 210,401
Effective in 1997, the Volvo Group’s accounting per market area reflects geo-
graphical definitions, based on an ISO standard. The figures for 1994–1996
have been adjusted to conform with the new principle.
1 Net sales 1994–2001 have been restated in accordance with new organiza-
tion effective from 2002.
2Subsidiary in the Volvo Group as of July 1995. Net sales for the Construction
Equipment business area in the years 1994 and 1995, calculated using the
average exchange rate for the US dollar in each year, amounted to 12,084
and 13,684.
BUSINESS AREA STATISTI CS