Five-year financial summary
Figures in millions of SEK unless otherwise stated 2003* 2004 2005 2006 2007
Operating income and profit           
Operating income 1,995.4 2,159.8 2,405.4 3,133.6 3,862.3
           
Operating profit 52.9 36.5 226.3 168.3 331.9
Operating profit excl. other operating income 51.5 12.2 89.9 148.4 331.2
Profit after net financial items 46.6 31.3 221.8 157.9 322.1
Profit for the year 30.1 36.0 204.4 107.8 220.0
           
Capital structure          
Non-current assets 424.6 237.9 254.1 997.1 1,320.2
Current assets 697.2 1,063.9 966.0 1,303.1 1,475.4
Equity incl. minority interests 342.5 390.9 581.2 1,091.5 1,339.2
Non-current provisions 68.6 84.4 90.1 96.7 89.7
Non-current liabilities, excluding provisions 109.3 109.8 63.1 118.1 185.9
Current provisions — — 1.5 1.4 9.6
Current liabilities, excluding provisions  601.3 716.7 484.3 992.5 1,171.1
Balance sheet total 1,121.8 1,301.7 1,220.1 2,300.2 2,795.6
Equity (annual average) 336.5 367.5 486.0 836.4 1,215.3
Total capital (annual average) 1,107.0 1,211.7 1,260.9 1,760.2 2,547.9
Capital employed (annual average) 520.1 528.1 646.9 1,010.2 1,450.3
           
Key figures          
Operating margin, percent 2.7 1.7 9.4 5.4 8.6
Operating margin excl. other operating income, percent 2.6 0.6 4.0 4.8 8.6
Profit margin, percent 2.3 1.4 9.2 5.0 8.3
Equity ratio, percent 30.5 30.0 47.6 47.5 47.9
Current ratio, times 1.2 1.5 2.0 1.3 1.2
Return on equity, percent 8.9 9.8 42.0 12.9 18.1
Return on total capital, percent 5.1 3.4 18.1 10.1 13.4
Return on capital employed, percent 10.9 7.9 35.4 17.5 23.4
Interest cover, times 5.5 4.8 32.8 9.3 18.7
           
ÅF share          
Earnings per share, SEK 2.4 2.9 16.0 7.4 13.1
Earnings per share after dilution 2005–2007, SEK — — 15.6 7.2 13.1
Yield, percent 2.2 2.0 2.1 2.1 3.8
Equity per share, SEK 27.7 31.3 45.6 67.1 78.8
Equity per share after dilution, SEK — — 47.4 67.7 78.8
Cash flow from operating activities per share, SEK 4.1 4.4 –4.7 8.3 18.9
Cash flow from operating activities per share after dilution, SEK — — –4.4 8.0 18.8
Buying rate 31 Dec, SEK 58 66 118 146 169
Market value 333.4 379.4 699.1 2,376.6 2,862.1
Ordinary dividend per share, SEK  1.30 1.30 2.50 3.00 6.50**
           
Other          
Invoiced-time ratio, percent 67.6 68.5 71.5 72.9 75.1
Gross investment in equipment 40.0 49.4 44.7 60.4 45.0
Gross investment in property 3.3 1.3 — — 101.8
Employees (FTEs) excluding associated companies 2,260 2,531 2,538 3,167 3,623

* Not recalculated in accordance with IFRS

** Proposed dividend