Electrolux 2002 Annual Report Download - page 78

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20,000
40,000
60,000
80,000
1998 1999 2000 2001 2002 2003
Electrolux B, SEK SX-All Share index Trading volume,
thousands of shares
100
150
200
250
80
©SIX
    
E 
Per-share data1)
2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Year-end trading price, SEK2) 137.50 156.50 122.50 214.00 139.50 110.20 79.20 54.50 75.40 56.80
Highest trading price, B-shares, SEK 197.00 171.00 230.00 222.00 161.00 139.80 85.40 77.40 87.80 62.60
Lowest trading price, B-shares, SEK 119.50 92.00 110.00 118.00 87.50 77.70 54.30 50.80 56.40 38.60
Change in price during the year, % –12 28 –43 53 27 39 45 –28 33 19
Equity, SEK 87 88 77 70 67 56 61 58 56 46
Trading price/equity, % 158 178 159 304 209 196 129 94 135 123
Dividend, SEK 6.003) 4.50 4.00 3.50 3.00 2.50 2.504) 2.50 2.50 1.25
Dividend, %5) 35.56) 40.56) 30.26) 30.56) 34.06) 51.46) 49.4 33.3 41.7 78.1
Dividend yield, %7) 4.4 2.9 3.3 1.6 2.2 2.3 3.2 4.6 3.3 2.2
Net income, SEK 16.906) 11.106) 13.256) 11.456) 8.856) 4.856) 5.05 7.50 6.006) 1.60
Cash flow, SEK8) 23.14 15.55 4.67 11.53 2.57 2.66 –2.27 –3.53 4.1 7.8
EBIT multiple9) 5.9 10.0 8.1 12.9 10.0 4.6 2.2 1.4 1.8 3.2
EBIT multiple6) 9) 5.6 9.8 7.7 12.5 11.5 2.6
P/E ratio10) 8.8 13.8 9.2 18.7 15.8 22.7 15.7 7.3 12.6 35.5
Number of shareholders 59,300 58,600 61,400 52,600 50,500 45,660 48,300 54,600 55,400 65,700
1) The figures for 1993–1997 have been adjusted for the 5:1 stock split in 1998.
2) Last price paid for B-shares.
3) Proposed by the Board.
4) Plus 1/2 share in Gränges for every Electrolux share.
5) As % of net income.
6) Excluding items affecting comparability.
7) Dividend per share divided by trading price at year-end.
8) Cash flow from operations less capital expenditures divided by average number of
shares after buy-backs.
9) Market capitalization plus net borrowings and minority interests, divided by operating
income.
10) Trading price in relation to net income per share after full dilution.
Price and trading volume of Electrolux B-shares on the Stockholm Exchange,
1998–January 2003
Trading price per B-share at year-end
02010099989796959493
Equity per share
0
40
80
120
160
200
240
SEK
Trading price and equity per share
At year-end 2002, the price/equity ratio for
Electrolux B-shares was 1.58 (1.78).