Volvo 2005 Annual Report Download - page 5

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Key ratios 2004 2005
Net sales, SEK M 202,171 231,191
Operating income, SEK M 1 13,859 18,151
Revaluation of shares 820 –
Operating income, SEK M 14,679 18,151
Operating margin, % 7.3 7.9
Income after financial items, SEK M 13,036 18,014
Income for the period, SEK M 9,907 13,106
Earnings per share, SEK 23.58 32.21
Dividend per share, SEK 2 12.50 16.75
Return on shareholders’ equity, % 13.9 17.8
1 Excluding revaluation of shares in Scania AB and Henlys Group Plc 2004.
2 Proposed dividend 2005.
The Volvo Group 2005
■ Strong sales growth Net sales increased by
14% to SEK 231,191 M (202,171)
■ Continued good profit development Income for
the year increased by 32% to SEK 13,106 M
(9,907) and return on shareholders equity
increased to 17.8% (13.9)
■ Significant investments in research and devel-
opment for future competitivness of the next
generation of engines and trucks
■ Earnings per share increased by 37% to
SEK 32.21 (23.58)
■ Proposed dividend SEK 16.75 per share equal
to a total dividend of SEK 6,775 M for 2005
Volvo Group 2005 1 1