Volvo 2009 Annual Report Download - page 140

Download and view the complete annual report

Please find page 140 of the 2009 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 146

  • 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
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146

Eleven-year summary
Volvo share statistics
Data per share (adjusted for issues and splits)1
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Basic earnings, SEK114.60 2.24 (0.70) 0.66 0.14 4.72 6.44 8.03 7.37 4.90 (7.26)
Cash dividend, SEK 1.40 1.60 1.60 1.60 1.60 2.50 3.35 10.0095.50 2.00 010
Share price at year-end, SEK (B share) 44 31.3 35.2 28.4 44 52.7 74.9 90.70 108.50 42.90 61.45
Direct return, % (B share) 23.2 5.1 4.5 5.6 10.584.7 4.5 11. 0 5.1 4.7 –
Effective return, % (B share)322 (23) 17.6 (14.8) 71.2 25.5 48.5 39.8 25.7 (59) 43
Price/earnings ratio (B share)4314 neg 43 310 11. 2 11. 6 11. 3 14.7 8.8 neg
EBIT multiple510 10 25 23 14 9.2 9.3 10.3 9.7 3.6 neg
Payout ratio, %610 71 neg 242 1,143 53 52 62 75 41 –
Shareholders’ equity, SEK744.2 44.4 40.6 37.4 34.6 34 38.8 43 41 41 33
Return on shareholders’ equity 34.9 5.0 neg 1.7 0.4 13.9 17.8 19.6 18.1 12.1 neg
Other share data 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
Number of shareholders
at year-end 238,000 230,000 214,000 211,000 208,500 202,300 195,442 183,735 197,519 220,192 2 3 3 , 311
Number of Series A shares out-
standing at year-end, million 138.6 124.7 131.7 131.7 131.7 131.5 131.4 131.4 657 657 657
Number of Series B shares
outstanding at year-end, million 302.9 272.6 287.8 287.8 287.8 278.6 273.1 273.4 1,369 1,371 1,371
Average number of outstanding
shares, million 441.5 421.7 422.4 419.4 419.4 418.5 405.2 404.7 2,025 2,027 2,027
Number of Series A shares traded in
Stockholm during the year, million 27.0 42.4 40.3 27.3 31.4 42.0 39.3 56.4 172.3 308 147.0
Number of Series B shares
traded in Stockholm during the
year, million 479.6 391.2 344.4 349.4 404.8 498.0 518.7 617.0 2,712.4 3,130.0 2,713.9
Number of shares traded in ADR,
NASDAQ during the year, million 54.9 16.0 15.0 11. 0 10.4 24.0 19.8 14.1 113.5 – –
1 Basic earnings per share is calculated as income for the period divided
by average number of shares outstanding. Reporting according to IFRS
from 2004.
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, (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 financial position and minority inter-
ests 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 extra payment of SEK 5 through redemption of shares.
10 Proposed by the Board of Directors.
The largest shareholders in AB Volvo, December 31, 20091
Number of
shares % of total
votes Share
capital, %
Renault s.a.s. 441,520,885 21.8 21.3
Industrivärden 70,218,284 3.5 8.8
Svenska Handelsbanken250,141,612 2.5 6.2
Violet Partners LP 43,727,400 2.2 5.5
AFA Insurance 32,620,063 1.6 4.1
AMF Pension and Funds 50,705,910 2.5 3.9
Alecta (pension funds) 51,525,000 2.5 3.3
SEB fonder (savings funds)/
Trygg Försäkring 44,042,621 2.2 2.9
Skandia Liv 27,034,933 1.3 2.6
Swedbank Robur fonder 87,581,105 4.3 2.5
Total 899,117,813 44.4 61.1
Distribution of shares, December 31, 20091
Volvo shareholders Number of
shareholders % of total
votes1
Share of
capital, %1
1–1,000 shares 177,654 2.2 2.5
1,001–10,000 shares 51,104 5.5 6.9
10,001–100,000 shares 3,945 3.1 4.4
100,001– 608 89.2 86.1
Total 233,311 100 100
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.
1 Based on all registered shares.
Following the repurchase of its own shares, AB Volvo held 4.7% of the
Company´s shares on Dec. 31, 2009.
FINANCIAL INFORMATION 2009
136