Volvo 2015 Annual Report Download - page 197
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OTHER INFORMATION
Key ratios
2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005
Gross margin, %122.2 21.3 21.1 21.9 23.7 23.3 13.9 21.3 22.6 22.7 21.8
Research and development expenses
as percentage of net sales15.1 6.0 5.7 5.0 4.4 5.0 6.3 4.9 4.0 3.4 3.3
Selling expenses as percentage
of net sales18.5 9.3 10.1 9.0 8.0 8.8 11.4 8.7 8.9 8.0 8.5
Administration expenses as
percentage of net sales11.9 1.9 2.2 1.9 2.3 2.2 2.8 2.3 2.6 2.6 2.7
Return on shareholders’ equity, % 18.4 2.8 5.0 12.9 23.1 16.0 –19.7 12.1 18.1 19.6 17.8
Interest coverage, times19.1 2.2 2.1 6.7 9.6 5.9 –4.7 8.8 20.7 26.1 16.7
Self-financing ratio, % 194 64 84 18 118 270 137 5 153 189 116
Self-financing ratio Industrial
Operations, % 316 180 112 72 210 294 –16 78 265 235 173
Net Financial position incl. post-employ-
ment benefits SEK M –13,237 –26,378 –32,066 –22,978 –19,346 –24,691 –41,489 –29,795 –4,305 23,076 18,675
Net financial position incl. post-employ-
ment benefits as percentage
of shareholders’ equity1–17.6 –37.6 –46.8 –29.3 –25.2 –37.4 –70.9 –39.7 –5.7 29.2 23.7
Shareholders’ equity as percentage
of total assets 22.9 20.9 22.4 25.7 24.3 23.3 20.2 22.7 25.7 33.7 30.6
Shareholders’ equity as percentage
of total assets, Industrial Operations 28.6 25.7 27.0 30.9 28.5 26.9 23.8 28.4 30.8 40.6 40.4
Shareholders’ equity excluding minority
interest as percentage of total assets 22.4 20.5 22.0 25.2 23.9 23.0 20.0 22.6 25.6 33.6 30.5
1 Pertains to the Industrial Operations. For periods up to and including 2006, Volvo Financial Services is included and consolidated according to the equity method.
Exports from Sweden
SEK M 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005
Volvo Group, total 86,731 78,174 88,560 84,314 91,065 72,688 41,829 96,571 88,606 80,517 71,133
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