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Bilia — Earnings Release 2015
May 4, 2015
2892_rns_2015-05-04_bbbf7834-63af-4a34-a3c1-938723c5b430.pdf
Earnings Release
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Press release
Bilia sell Swedish pension liability
Bilia has today accepted an offer from Alecta to sell Bilia's Swedish pension liabilities for ITP 2 at 1.5.2015. The Swedish pension liability in Bilia's financial statement of 31st March 2015 was SEK 782 M and the offer from Alecta was SEK 603 M. The sale will have particular effects in relation to payroll tax, income tax and deferred tax.
The sale of the pension liability is calculated to have the following effects on the Bilia Group, which will be accounted for in the second quarterly report of 2015:
| Operating profit increased by | + SEK 195 M |
|---|---|
| Tax expense increased by | - SEK 43 M |
| Profit for the period increased by | + SEK 152 M |
| Earnings per share increased by | + SEK 6.05 |
| Other comprehensive income after tax Comprehensive imcome |
+ SEK 20 M + SEK 172 M |
| Net debt decreased by | - SEK 179 M |
Gothenburg, 4 May 2015
Bilia AB (publ)
For further information, please contact Per Avander, Managing Director and CEO, or Gunnar Blomkvist, CFO, Bilia AB, tel. +46 31 709 55 00.
The above information is disclosed in accordance with the Securities Market Act and/or the Financial Instruments Trading Act. The information was published on 4 May 2015, at 14:30.
Allt som rör bilen. Och lite till.
Bilia AB Box 9003 SE-400 91 Göteborg www.bilia.com
Publikt bolag (publ) Org. nr. 556112-5690 Public Company (publ) EU VAT No. SE556112569001 Besöksadress/Visiting address Norra långebergsgatan 3 Tel. +46 (0)31 709 55 00 Fax +46 (0)31709 55 50