Volvo 2007 Annual Report Download - page 5
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Please find page 5 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. A global group 2007 1
The Volvo Group 2007
Key ratios 20061 2007
Net sales Volvo Group, SEK M 258,835 285,405
Operating income Volvo Group, SEK M 20,399 22,231
Operating income Industrial operations, SEK M 18,713 20,583
Operating income Customer Finance, SEK M 1,686 1,649
Operating margin Volvo Group, % 7.9 7.8
Income after fi nancial items, SEK M 20,299 21,557
Income for the period, SEK M 16,318 15,028
Diluted earnings per share, SEK 8.03 7.37
Dividend per share, SEK 5.00 5.50
2
Extraordinary payment per share, SEK 5.00 –
Return on shareholders’ equity, % 19.6 18.1
1 2006 included a reversal of a valuation reserve for deferred taxes and an adjustment of goodwill. As an effect, operating
income in 2006 was negatively affected in the amount of SEK 1,712 M, while income taxes decreased by SEK 2,048 M.
The total effect on income for the period was positive in an amount of SEK 336 M.
2 According to the Board’s proposal.
• Strong sales growth. Net sales up 10% to SEK 285,405 M (258,835).
• Continued good profit level. Earnings for the year amounted to SEK 15,028 M (16,318)
and the return on shareholders’ equity was 18.1% (19.6).
• Major investments in R&D programs for products to ensure future competitiveness.
• Strengthened presence in important growth markets and in key product segments
through the acquisitions of the Japanese truck manufacturer Nissan Diesel, the Chinese
manufacturer of wheel loaders Lingong, Ingersoll Rand’s road development operations
and through a proposed joint-venture with Eicher Motors in India.
• Continued strong operating cash flow in the Industrial operations, SEK 15.2 bn (12.6).
• Earnings per share amounted to SEK 7.37 (8.03).
• Proposed dividend of SEK 5.50 per share (5.00).