Volvo 2008 Annual Report Download - page 159

Annual General Meeting, April 1, 2009
The Annual General Meeting of AB Volvo will be held in Göteborg in Lisebergshallen (entrance
from Örgrytevägen) Wednesday April 1, 2009, at 3:00 p.m.
Notice
Shareholders who wish to participate must: be recorded in the share register maintained by
Euroclear Sweden AB (former VPC AB) not later than March 26, 2009, give notice of intention
to attend, not later than Thursday, March 26, 2009, preferably before 12:00:
• by telephone, [phone] beginning February 27, 2009
• by mail addressed to AB Volvo (publ), Legal Department, SE-405 08 Göteborg, Sweden
• at Volvo’s website www.volvogroup.com
When giving notice, shareholders should state their:
• name
• personal number (registration number)
• address and telephone number
• name and personal number (registration number) of the proxy, if any
• name(s) of any accompaning assistant(s)
Shareholders whose shares are held in the trust department of a bank or by a brokerage firm
should request the shares to be temporarily registered in the shareholder’s name several banking
days prior to March 26, 2009.
April 6, 2009 has been proposed as the record date for dividends, which are expected to be
distributed on April 9, 2009.
Volvo’s Election Committee
The following persons are members of Volvo’s Election Committee:
Thierry Moulonguet Chairman of the Election Committee, Renault
Finn Johnsson Chairman of the Board
Carl-Olof By AB Industrivärden
Anders Oscarsson SEB funds / Trygg Insurance
Lars Förberg Violet Partners LP
Håkan Sandberg SHB Pension Fund, SHB Pensionskassa,
SHB Employee Fund och Oktogonen
The Election Committee is responsible for submitting to the Annual General Meeting the names
of candidates to serve as members of the Board of Directors, as Chariman of the Board and as
auditors. The Committee also proposes the amount of the fees to be paid to the holders of these
positions.
Preliminary publication dates
Three months ended March 31, 2009 April 24, 2009
Six months ended June 30, 2009 July 21, 2009
Nine months ended September 30, 2009 October 23, 2009
Report on 2009 operations February, 2010
Annual Report 2009 March, 2010
The reports are available on www.volvogroup.com on date of publication and are also sent
directly to all shareholders who have advised Volvo that they wish to receive financial informa-
tion.
Historical and current time series reecting the Volvo Group’s market information and share
data are published regularly on www.volvogroup.com.
Contacts
Investor Relations:
Christer Johansson [phone]
Patrik Stenberg [phone]
Anders Christensson [phone]
John Hartwell [phone]
Aktiebolaget Volvo (publ) 556012-5790
Investor Relations, VHK
SE-405 08 Göteborg
Sweden
Tel [phone]
Fax [phone]
E-post [e-mail]
www.volvogroup.com
3 CEO comment
6 Organized to drive synergies
8 Market overview
14 . . .and world-class services
24 The Volvo Group 2008
30 Financial strategy
34 Sustainable development
38 Financial performance
41 Financial position
43 Cash-ow statement
45 Risk management
49 Business Areas
50 Business area overview
52 Trucks
53 Volvo Trucks
54 Renault Trucks
55 Nissan Diesel
56 Mack Trucks
57 Buses
59 Construction Equipment
63 Financial Services
64 Report
70 Group Management
72 Board of Directors and auditors
75 Consolidated income statements
76 Balance sheets
77 Changes in shareholders’ equity
78 Cash-ow statements
79 Notes to the consolidated nancial statements
140 Proposed remuneration policy
141 Proposed disposition of unappropriated earnings
142 Audit Report for AB Volvo
143 Eleven-year summary
152 Customer offering
Flap Denitions
In every respect, 2008 was a year of extremes.
From record sales and earnings during the rst
Group’s business areas during the second half.
This report contains ’forward-looking statements’. Such statements reect management’s current
expectations with respect to certain future events and potential nancial performance. Although
the Company believes that the expectations reected in such forward looking statements are
reasonable, no assurance can be given that such expectations will prove correct. Such statements
initiatives, (iii) changes in the regulatory environment and other government actions, (iv) uctu-
ations in exchange rates and (v) business risk management.
This report does not imply that the company has undertaken to revise these forward-looking
statements, beyond what is required under the company’s registration contract with OMX Nordic
The Volvo Group’s formal nancial reports are presented on pages 24–63 and 74–141 in the
printed version and has been audited by the company’s auditors.
During the year, the Volvo Group showed a