Volvo 2012 Annual Report Download - page 186

ELEVEN-YEAR SUMMARY
Operating income
SEK M 201242011 2010 2009 2008 2007 200612005 20042200332002
Trucks 10,216 18,227 10 ,112 (10,805) 12,167 15,193 13 ,116 11, 717 8,992 3,951 1,189
Buses 51 1,114 780 (350) (76) 231 745 470 158 (790) (94)
Construction Equipment 5,773 6,812 6,180 (4,005) 1,808 4,218 4,072 2,752 1,898 908 406
Volvo Penta 541 825 578 (230) 928 1,173 1,105 943 940 695 647
Volvo Aero 767 360 286 50 359 529 359 836 403 (44) 5
Customer Finance 1,492 969 167 (680) 1,397 1,649 1,686 2,033 1,365 926 490
Other (1,217) (1,408) (102) (994) (731) (762) (684) (598) 923 (3,142) 194
Operating income (loss)
Volvo Group 17,622 26,899 18,000 (17,013) 15,851 22,231 20,399 18,153 14,679 2,504 2,837
Operating margin
%2012 2 011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Trucks 5.3 9.2 6.0 (7.8) 6.0 8.1 7.7 7.5 6.6 3.4 1.0
Construction Equipment 9.1 10.7 11. 5 (11. 2) 3.2 7.9 9.7 7.9 6.5 3.9 1.9
Buses 0.3 5.1 3.8 (1.9) (0.4) 1.4 4.3 2.8 1.2 (6.6) (0.7)
Volvo Penta 7.1 9.8 6.6 (2.8) 8.1 10.0 10.3 9.6 10.4 9.1 8.4
Volvo Aero 14.7 5.7 3.7 0.6 4.8 6.9 4.4 11.1 5.8 (0.5) 0.1
Volvo Group Industrial
Operations 5.4 8.5 6.9 ( 7.8) 5.2 7. 8 7.9 7.9 7. 3 1.4 1.6
As of January 1, 2007, the benefits from the synergies created in the business
units are transferred back to the various business areas. Comparison figures for
2006 have been restated.
1 Operating income in 2006 includes adjustment of goodwill of neg 1,712,
reported in Trucks.
2 Operating income in 2004 included reversal of write-down of shares in Scania
AB of 915, reported in Other, and write-down of shares in Henlys Group Plc of
95, reported in Buses.
3 Operating income in 2003 included write-down of shares in Scania AB and
Henlys Group Plc amounting to 4,030, of which 429 was reported in Buses
(Henlys Group) and 3,601 was reported in Other (Scania AB).
4 Volvo Aero was divested October 1, 2012.
Number of employees at year-end
Number1, 2, 3 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Trucks 61,256 62,315 57,796 56,505 64,280 64,390 49,900 50,240 49,450 46,900 43,470
Buses 7,514 8,529 8,685 9,541 8,930 9,290 7,760 7,710 7,700 6,680 6,660
Construction Equipment 14,788 18,422 16,648 16,126 19,810 19,710 11, 0 5 0 10,290 9,930 9,280 8,410
Volvo Penta 1,361 2,549 2,353 2,928 2,940 3,000 1,650 1,560 1,580 1,440 1,410
Volvo Aero –3,179 3,120 3,278 3,510 3,550 3,510 3,460 3,350 3,440 3,660
Financial Services 1,362 1,323 1,235 1,234 1,290 1,150 1,010 1,070 1,100 1,060 1,060
Other 12,436 1,845 572 596 620 610 8,310 7,530 7,970 6,940 6,490
Volvo Group, total 98,717 98,162 90,409 90,208 101,380 101,700 83,190 81,860 81,080 75,740 71,160
1 As of 2007, employees in business units are allocated to the business areas.
2 As of 2009 regular employees are shown, previously temporary employees were also included.
3 As of 2012, employees in business units are not allocated to the business areas.
Environmental performance of Volvo production plants, Industrial operations
Absolute values related to net sales 2012 2011 2010 2009
Energy consumption (GWh; MWh/SEK M) 2,518; 8.5 2,471; 8.1 2,315; 9.0 1,888; 9.1
CO2 emissions (1,000 tons; tons/SEK M) 235; 0.8 255; 0.8 279; 1.1 213; 1.0
Water consumption (1,000 m3; m3/SEK M) 7,372; 24.9 7,970; 26.2 7,519; 29.2 6,637; 31.8
NOx emissions (tons; kilos/SEK M) 413; 1.4 474; 1.6 719; 2.8 322; 1.5
Solvent emissions (tons; kilos/SEK M) 2,358; 8.0 2,554; 8.4 2,294; 8.9 1,435; 6.9
Sulphur dioxide emissions (tons; kilos/SEK M) 26; 0.1 34; 0.1 33; 0.1 38; 0.2
Hazardous waste (tons; kg/SEK M) 32,547; 109.9 25,943; 85.5 22,730; 88 17,558; 84
Net sales, SEK bn 296.0 303.6 257.4 208.5
1 Excluding UD Trucks and Ingersoll Rand Road Development.
FINANCIAL INFORMATION 2012
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