Volvo 2007 Annual Report Download - page 158
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Please find page 158 of the 2007 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.Eleven-year summary
154 Financial information 2007
Eleven-year summary
Other share data
1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
Number of shareholders
at year-end 225,500 210,600 238,000 230,000 214,000 211,000 208,500 202,300 195,442 183,735 197,519
Number of Series A shares
outstanding at year-end, million 138.6 138.6 138.6 124.7 131.7 131.7 131.7 131.5 131.4 131.4 657
Number of Series B shares
outstanding at year-end, million 302.9 302.9 302.9 272.6 287.8 287.8 287.8 278.6 273.1 273.4 1,369
Average number of outstanding
shares, million 452.5 441.5 441.5 421.7 422.4 419.4 419.4 418.5 405.2 404.7 2,025
Number of Series A shares traded
in Stockholm during the year, million 23.7 34.5 27.0 42.4 40.3 27.3 31.4 42.0 39.3 56.4 172.3
Number of Series B shares traded
in Stockholm during the year, million 362.7 371.3 479.6 391.2 344.4 349.4 404.8 498.0 518.7 617.0 2,712.4
Number of shares traded in ADR,
NASDAQ during the year, million 51.8 50.5 54.9 16.0 15.0 11.0 10.4 24.0 19.8 14.1 113.5
Data per share (adjusted for issues and splits)1
1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
Basic earnings, SEK1 4.64 3.82 14.60 2.24 (0.70) 0.66 0.14 4.72 6.44 8.03 7.37
Cash dividend, SEK 1.00 1.20 1.40 1.60 1.60 1.60 1.60 2.50 3.35 10.00 9 5.50 10
Share price at year-end, SEK (B share) 42.6 37.2 44 31.3 35.2 28.4 44 52.7 74.9 90.70 108.50
Direct return, % (B share)2 2.3 3.2 3.2 5.1 4.5 5.6 10.5 8 4.7 4.5 11.0 5.1
Effective return, % (B share)3 46 (10) 22 (23) 17.6 (14.8) 71.2 25.5 48.5 39.8 25.7
Price/earnings ratio (B share)4 9 9 3 14 neg 43 310 11.2 11.6 11.3 14.7
EBIT multiple5 9 11 10 10 25 23 14 9.2 9.3 10.3 9.7
Payout ratio, %6 22 31 10 71 neg 242 1,143 53 52 62 75
Shareholders’ equity, SEK7 28 31.4 44.2 44.4 40.6 37.4 34.6 34 38.8 43 41
Return on shareholders’ equity 17.2 13.0 34.9 5.0 neg 1.7 0.4 13.9 17.8 19.6 18.1
VOLVO SHARE STATISTICS
1 Effective in 1997, adjustment was made to conform with the Swedish Finan-
cial Accounting Standard Council’s recommendation, RR9, Income Taxes.
Basic earnings per share is calculated as income for the period divided by
average number of shares outstanding. Reporting according to IFRS for 2004,
2005 and 2006.
2 Proposed dividend in SEK per share divided by share price at year-end.
3 Share price at year-end, including proposed dividend during the year, divided
by share price at beginning of the year, (including redemption in 1997, distri-
bution of one share of Swedish Match 1996, and 2006 includes a share split
6:1 in which the sixth share was redeemed by AB Volvo for an amount of SEK
5.00 per share).
4 Share price at year-end divided by basic earnings per share.
5 Market value at year-end minus net fi nancial position and minority interests
divided by operating income excluding restructuring costs and revaluation of
shares.
6 Cash dividend divided by basic earnings per share.
7 Shareholders’ equity for shareholders in AB Volvo divided by number of
shares outstanding at year-end.
8 Including distribution of shares in Ainax equal to SEK 3.01 (share-split
adjusted) per Volvo share in 2004.
9 Including extrapayment of SEK 5 through redemption of shares.
10 Proposed by the Board of Directors.
The largest shareholders in AB Volvo, December 31, 20071
Number % of Share
of shares total votes capital, %
Renault SA 441,520,885 21.3 21.8
Industrivärden 45,511,650 5.5 2.2
Svenska Handelsbanken2 42,928,644 5.3 2.1
Violet Partners LP 39,727,400 5.0 2.0
SEB fonder (savings funds)/
Trygg Försäkring 46,604,631 4.4 2.3
AMF Pension and Funds 63,739,506 3.9 3.1
Second Swedish National
Pension Fund (AP2) 30,595,846 3.7 1.5
Alecta (pension funds) 36,575,00 3.1 1.8
Swedbank Robur fonder 58,844,875 2.9 2.9
Skandia Liv 24,080,223 2.6 1.2
Total 830,128,660 57.7 40.9
1 Based on the number of outstanding shares.
2 Svenska Handelsbanken comprises shares held by Svenska Handelsbanken,
Svenska Handelsbanken Pension Fund, Svenska Handelsbanken Personnel
Foundation, Svenska Handelsbanken pensionskassa and Oktogonen.
Distribution of shares, December 31, 2007
Number % of Share of
Volvo shareholders of shareholders total votes1 capital, %
1
1–1,000 shares 147,500 1.8 2.1
1,001–10,000 shares 45,665 4.9 6.1
10,001–20,000 shares 2,212 1.2 1.5
20,001– 2,142 92.1 90.3
Total 197,519 100.0 100.0
Following the repurchase of its own shares, AB Volvo held 4.8% of the
Company’s shares on Dec. 31, 2007.
1 Based on all registered shares.