Saab 2010 Annual Report Download - page 39
Download and view the complete annual report
Please find page 39 of the 2010 Saab 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.-
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
-
147
-
148
-
149
 |
 |
Operations comprise a product portfolio of various types of
advanced weapon systems such as support weapons,
missiles, torpedoes, Remotely Operated Vehicles (ROVs)
and signature management systems that make it more
difficult for various types of sensors to detect and identify
people or objects.
SALES, INCOME AND ORDERS
Orders received
Orders received in included an order for the air defence system
RBS from Finland. Contracts were signed for components to the
Carl-Gustaf man-portable weapon system, and France placed an
order for the anti-tank weapon ATCS. Saab also received a signi-
cant order for multispectral camouage products and services. An
order was received from FMV for the generation and subsequent
delivery of -dimensional (D) maps to the Swedish Armed Forces
for use in national as well as international operations.
Orders received where the order sum was more than MSEK
represented per cent () of total order bookings.
Sales
Sales increased mainly as a result of a higher activity level within the
weapons system area. Markets outside Sweden accounted for per
cent () of sales in .
Income and margin
Protability in increased mainly as a result of the eects from
the Billion+ programme. Due to an increased level of deliveries at
the end of the year, the adjusted protability increased in the fourth
quarter. In the fourth quarter, a restructuring charge of MSEK
was recorded related to the restructuring measures announced on
November , where Dynamics will terminate its operations in
Eskilstuna, Sweden, in and part of the remaining production will
be moved to Karlskoga in . At the same time it was announced
that the underwater vehicles operations, based in Motala, Sweden,
will be integrated with UK-based Saab Seaeye Ltd. Under the condi-
tion that the ongoing discussions with potential clients lead to a long-
term agreement, remaining parts of the operations will be integrated
with Dynamics in Linköping. As a consequence of this change all
employees in Motala were served notice in December .
A property holding company was divested in for MSEK ,
which impacted cash ow positively. e transaction generated a
capital gain of MSEK .
Operating cash flow
Operating cash ow in was positive due to deliveries and major
milestone payments.
DYNAMICS
18%
SHARE OF SALES
2010, %
SALES,
MSEK
OPERATING INCOME
AND MARGIN
2010200920082007
0
1,000
2,000
3,000
4,000
5,000
0
100
200
300
400
500
2
4
6
8
10
12
2010200920082007
Operating income, MSEK Margin, %
36 SAAB ANNUAL REPORT 2010
ADMINISTRATION REPORT > SAAB’S BUSINESS AREAS