Volvo 2015 Annual Report Download - page 27

INVESTMENTS A significant portion
ofgenerated capital is normally transferred
back into the operation. The capital is used
for investing in activities to strengthen com-
petitiveness and create long-term value for
the Group and its stakeholders.
A GLOBAL GROUP BUSINESS MODEL VALUE CHAIN
DISTRIBUTION AND SERVICE PRODUCTS IN USE RE-USE
• During 2015, our service and aftermarket
business represented approximately 25%
of the Volvo Group’s net sales, compared
to 26% in 2014.
• The Volvo Group’s products are distributed
to customers through wholly-owned and
independent dealerships.
• Our service network supports customers
and maximizes their product’s uptime.
• The number of service points in South and
North America has been significantly
increased in recent years.
• Our dealer and service networks in Central
and Eastern Europe have been optimized,
with increased service availability.
• All Volvo Group-owned dealers are cov-
ered by the Group’s environmental require-
ments and 90% of our distribution centers
are certified according to ISO 14001.
• More than 2 million trucks and 100,000
buses, which the Group manufactured in
the past ten years, operate on roads
worldwide.
• According to our estimates 15% of food
inEurope is delivered by our trucks and
more than 10 million people worldwide
can be transported daily on our buses and
coaches.
• Our construction machines are present
atconstruction sites all over the world.
Wehave delivered half a million units of
construction equipment in the last ten
years.
• Our support services keep thousands of
customers’ fleets on the road, contributing
to productivity and growth. Today, approxi-
mately 470,000 Volvo Group vehicles
areconnected via different telematics
solutions.
• In 2015, the total sale of remanufactured
components amounted to SEK 8.3 billion
an increase with almost 20% compared to
2014.
• The Volvo Group has eight remanufactur-
ing centers worldwide handling used com-
ponents from our whole range of brands.
• Resource efficiency and recycling poten-
tial is designed into our products during
product development.
• Remanufactured components are impor-
tant to our offering in order to reduce cus-
tomers’ ownership and operating costs.
• Remanufacturing is more labor intensive
than production of new products and
requires high-skilled labor. Therefore,
italso contributes positively to society.
The Volvo
Group’s income for
the year amounted
to SEK 15,099 M.
SHAREHOLDERS
AB Volvo's shareholders normally receive a certain
portion of the retained earnings in the form of a
dividend, after consideration has been given to the
Group's need for capital for continued development
according to its strategies.
The Board of Directors has proposed a dividend
of SEK 3,00 per share, corresponding to a total of
SEK 6,093 M for 2015.
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