MEKO

Quarterly Report • Feb 15, 2008

15 February 2008

Year-end reportfor January–Decem ber 2007

1 January – 31 Decem ber

• R evenues increased by 4 percentto SE K 2,550 M (2,450).
• E B IT am ounted to SE K 250 M (220) and E B IT m argin increased to 10 per cent (9). E arnings w ere charged w ith costs in the am ountofSE K 15 M forthe distribution projectin Denm ark and an increase in the costs of prem ises totalling SE K 12 M. E arnings for the preceding year w ere charged w ith nonrecurring costs totalling SE K 26 M.
• Incom e afterfinancial item s am ounted to SE K 418 M (198), including a capital gain totalling SE K 151 M from the sale ofthe G roup's property portfolio and currency effects in the am ountofSE K 13 M (neg: 11).
• Profitaftertax am ounted to SE K 348 M (140). Adjusted forthe property transaction, profitaftertax am ounted to SE K 192 M.
• E arnings per share before and after dilution am ounted to SE K 11.03 (4.28) and, adjusted for the property transaction, to SE K 5.98.
• The B oard ofDirectors proposes a share dividend ofSE K 6.00 (3.00) based on the year's earnings, plus a bonus dividend ofSE K 5.00 (7.00) pershare.

1 October – 31 Decem ber

• R evenues increased by 4 percentto SE K 653 M (630).
• E B IT am ounted to SE K 43 M (74) and E B IT m argin to 7 per cent (12). C om pared w ith the preceding year, earnings w ere charged w ith costs in the am ountofSE K 14 M for the distribution projectin Denm ark and an increase in the costs of prem ises totalling SE K 6 M. E arnings for the preceding year w ere affected positively in the am ountofSE K 13 M follow ing the reversal ofpreviously m ade provisions.
• Incom e after financial item s increased by 3 per cent to SE K 68 M (66). E arnings included a positive earnings effectfrom the sale ofthe G roup's property portfolio totalling SE K 17 M.
• Profit after tax increased by 41 per cent to SE K 65 M (46) and earnings per share before and after dilution increased by 39 percentto SE K 2.13 (1.53).

SU MMARY O F TH E G RO U P'S		O ctob er-December		January-Decemb er
EARN IN G S TREN D	2007	2006	Change %	2007	2006	Change %
Revenues, SEK M	653	630	4	2,550	2,450	4
EBIT, SEK M	43	74	-42	250	220	14
Profitafterfinancialitems, SEK M	68	66	3	418	198	111
Profitaftertax, SEK M	65	46	41	348	140	149
Earnings pershare, SEK	2.13	1.53	39	11.03	4.28	158
EBIT margin, %	7	12		10	9

CEO 's comments

R evenues forthe G roup increased by 4 percentto SE K 2,550 M (2,450) and E B IT by 14 percentto SE K 250 M (220) for the full year. R evenues and earnings w ere affected positively by the initiatives begun in 2007 to im prove Mekonom en. The Sw edish and N orw egian m arkets rem ained a strong foundation for the G roup. W ith an aim of turning the Danish earnings trend, a num berofm easures and activities w ere im plem ented during the year. During the second halfofthe year, these m easures and activities resulted in the Danish operations displaying grow th.

In 2007, Mekonom en established a new direction and extensive repositioning w as initiated. B y increasing custom er focus, broadening our custom er offering and strengthening the brand, w e w ill continue to grow in a m arketthatis becom ing increasingly exposed to com petition. W e w ill also increase our earnings capacity by better utilizing the potential ofthe m arket.

During 2007, Mekonom en signed its firstfleetagreem entin the corporate m arketw ith B ravida. This cooperation, w hich com prises service, repairs, accessories and tyres for B ravida's service vehicles, progressed favourably. During 2008, Mekonom en w ill continue its venture in the corporate m arket.

A new w orkshop concept, MekoPartner, w as launched at the beginning of2008. MekoPartner is aim ed at a new m arketsegm entand com plem ents Mekonom en Service C entre.

The year2007 broughtm any changes forMekonom en. Ourdedicated and loyal em ployees m ade this high rate of change possible. E very day, our em ployees dem onstrate w hat Mekonom en represents by focusing on our custom ers in stores and w orkshops.

H åkan L undstedt Presidentand C E O

Consolidated sales and earnings

REV EN U ES

1 October – 31 Decem ber

R evenues increased by 4 per centto SE K 653 M (630). Adjusted for currency effects, revenues increased by 2 per cent. The Sw edish operation accounted for 51 per cent (52), the N orw egian for 23 per cent (22) and the Danish for26 per cent(26). The num ber ofw eekdays w as low er com pared w ith the preceding year, w hich corresponds to a decrease in sales ofapproxim ately SE K 10 M according to assessm ent.

1 January – 31 Decem ber

R evenues forthe period increased by 4 percentto SE K 2,550 M (2,450). The Sw edish operation accounted for51 percent(51), the N orw egian for23 percent(22) and the Danish for26 percent(27). The num berofw eekdays in 2007 w as tw o less than in 2006.

EB IT

1 October – 31 Decem ber

E B IT am ounted to SE K 43 M (74) and E B IT m argin to 7 per cent (12). E arnings w ere charged w ith nonrecurring costs in the am ount of SE K 14 M for the distribution project in Denm ark and an increase in the costs ofprem ises totalling SE K 6 M com pared w ith the preceding year, follow ing the sale ofthe G roup's property portfolio. In 2006, E B IT w as affected positively in the am ount ofSE K 13 M follow ing the reversal ofpreviously m ade provisions. Adjusted forthese item s, E B IT am ounted to SE K 63 M (61).

1 January – 31 Decem ber

E B IT am ounted to SE K 250 M (220) E B IT m argin to 10 per cent(9). E arnings w ere charged w ith nonrecurring costs in the am ountofSE K 15 M for the distribution projectin Denm ark and an increase in the costs ofprem ises totalling SE K 12 M follow ing the sale of the G roup's properties. E B IT for the preceding year w as charged w ith nonrecurring costs totalling SE K 26 M. Adjusted forthese item s, E B IT am ounted to SE K 277 M (246).

PR OFIT A FTER FIN A N C IA L ITEM S

Profit after financial item s for the fourth quarter am ounted to SE K 68 M (66) and to SE K 418 M (198) for the full year. Profitafter financial item s for the full year included a capital gain totalling SE K 151 M from the sale of the properties. Final settlem ent took place during the fourth quarter, w hich resulted in a positive earnings effect totalling SE K 17 M. N et financial incom e, excluding earnings from the property sale, am ounted to SE K 8 M (expense: 8) forthe quarterand SE K 14 M (expense: 22) forthe full year.

N etinterestincom e forthe fourth quarteram ounted to SE K 5 M (expense: 2) and otherfinancial item s am ounted to SE K 20 M (expense: 6). N et interest incom e for the full year am ounted to SE K 2 M (expense: 9) and other financial item s am ounted to SE K 166 M (expense: 13). N etinterestincom e im proved as a resultofthe sale ofthe property portfolio.

Profit after financial item s for the fourth quarter w as affected positively by currency effects totalling SE K 0 M (neg: 3). These item s am ounted to SE K 13 M (neg: 11) forthe full year.

Financialposition

C ash flow from operating activities forthe fourth quarteram ounted to SE K 109 M (64). The corresponding cash flow forthe full yearam ounted to SE K 320 M (200). On 31 Decem ber2007, cash and cash equivalents and short-term investm ents am ounted to SE K 290 M, com pared w ith SE K 95 M on 31 Decem ber2006. The equity/assets ratio am ounted to 67 percent(58). Interest-bearing liabilities am ounted to SE K 6 M (259) and at the end ofthe period, netcash in hand am ounted to SE K 284 M, com pared w ith a netdebtofSE K 164 M at year-end.

Investments

During the fourth quarter, investm ents in fixed assets am ounted to SE K 15 M (15). For the full year, these investm ents totalled SE K 43 M (37). C om pany and business acquisitions during the quarter am ounted to SE K 6 M (3) and to SE K 27 M (12) for the period. Acquired assets am ounted to SE K 10 M and acquired liabilities to SE K 8 M. B esides goodw ill, w hich am ounted to SE K 26 M, no intangible excess values have been identified in connection w ith the acquisitions.

Acquisitions and start-ups

During the fourth quarter, tw o stores, Ö verby and U ddevalla, w ere acquired in Sw eden and a new store w as opened in H orten, N orw ay. A store in Denm ark, Sönderborg, w as closed during the quarter.

The total num ber of stores in the chain at the end of the period w as 194 (192), of w hich 156 (147) w ere w holly ow ned stores. The num ber of affiliated Mekonom en Service C entres increased by 14 com pared w ith the yearearlierperiod and atthe end ofthe period am ounted to 778 (764).

H uman resources

The num ber of em ployees at the end of the period am ounted to 1,302 (1,255) and the average num ber of em ployees during the period w as 1,271 (1,256).

Performance by geographicalmarket

EARN IN G S TREN D	O ctob er-December			January-Decemb er
	2007	2006	Change %	2007	2006	Change %
N etsales (external), SEK M	328	322	2	1,270	1,218	4
EBIT, SEK M	51	58	-12	216	198	9
EBIT margin, %	15	18		17	16
N umberofstores/ofw hich w holly
ow ned				114/93	115/88
N umberofMekonomen Service
Centres				337	329

SW EDEN

The fourth quarterof2007 w as influenced by an increase in the costs ofprem ises totalling SE K 3 M follow ing the sale of the G roup's property portfolio. The year-earlier period w as affected positively in the am ount of SE K 6 M follow ing the reversal ofpreviously m ade provisions and negatively in the am ount ofSE K 2 M for an adjustm ent thatw as m ade betw een Sw eden and Denm ark regarding allocated w holesale profit.

N ORW A Y

EARN IN G S TREN D	O ctob er-December			January-Decemb er
	2007	2006	Change %	2007	2006	Change %
N etsales (external), SEK M	150	133	13	584	537	9
EBIT, SEK M	17	7	143	81	58	40
EBIT margin, %	11	5		14	11
N umberofstores/ofw hich w holly
ow ned				42/25	39/21
N umberofMekonomen Service
Centres				305	321

N etsales (external) for the quarter increased by 13 per cent to SE K 150 M (133), prim arily due to higher sales to affiliated Mekonom en service centres and the advantageous state of the econom y. Adjusted for currency effects, the increase w as 6 per cent. The increase for the full year w as 8 per cent, adjusted for currency effects. E B IT for the quarterw as SE K 17 M (7) and E B IT m argin am ounted to 11 percent(5). E arnings forthe year-earlierperiod w ere affected negatively in the am ount of SE K 5 M by an adjustm ent that w as m ade betw een N orw ay and Denm ark regarding allocated w holesale profit.

DEN M A RK
EARN IN G S TREN D	O ctob er-December			January-Decemb er
	2007	2006	Change %	2007	2006	Change %
N etsales (external), SEK M	166	162	3	661	663	0
EBIT, SEK M	-21	9	-333	-22	-6	266
EBIT margin, %	-13	6		-3	-1
N umberofstores/ofw hich w holly
ow ned				38/38	38/38
N umberofMekonomen Service
Centres				136	114

During the quarter, w ork continued on the change in distribution in Denm ark and the quarter's earnings w ere affected by costs totalling SE K 14 M. The fourth quarter w as also charged w ith an increase in the costs of prem ises totalling SE K 3 M follow ing the sale of the G roup's property portfolio. E arnings for the year-earlier period w ere affected positively in the am ount of SE K 7 M by an adjustm ent that w as m ade betw een N orw ay, Sw eden and Denm ark regarding allocated w holesale profit.

E B IT for the full year w as affected by costs in the am ount ofSE K 15 M pertaining to the change in distribution and an increase in the costs of prem ises totalling SE K 6 M. E arnings for the year-earlier period w ere affected positively in the am ountofSE K 7 M by an adjustm entregarding w holesale profit.

Significantrisks and uncertainty factors

W e have conducted a review and assessm entofoperating and financial risks and uncertainty factors in accordance w ith the description in the 2006 Annual R eportand found thatno significantrisks have changed since then. R isk factors and exposures forthe ParentC om pany and the G roup forthe im m ediate future w ill focus prim arily on

logistics and delivery rate and changing the business system s in the G roup, w hich w as initiated during the third quarter. R eferto the 2006 Annual R eportfora com plete reporton the risks thataffectthe G roup.

ParentCompany

The Parent C om pany's operations com prise G roup m anagem ent and G roup-w ide functions, as w ell as finance m anagem ent. Profit after net financial item s for the ParentC om pany am ounted to negative SE K 32 M (neg: 54) for the quarter and to negative SE K 18 M (neg: 32) for the full year, excluding dividends from subsidiaries. The average num berofem ployees forthe period w as 50 (24).

As of 2007, the claim s and product divisions are a part of Mekonom en AB . These divisions w ere transferred internally from W holesale operations in Strängnäs and com prise a total of16 em ployees. As ofMay, Mekonom en AB also includes the financial services division, w hich provides accounting services to about half of the stores in Sw eden. This division w as previously partofthe Sw edish R etail operation and com prises a total of14 em ployees.

During the period, Mekonom en AB sold products and services to G roup com panies fora total ofSE K 67 M (58).

Events afterthe end ofthe period

To furtherincrease availability to the consum er, Mekonom en's new w orkshop chain MekoPartnerw as launched in January 2008, w hich w ill serve as a com plem ent to Mekonom en's existing w orkshop chain Mekonom en Service C entre. The num berofaffiliated MekoPartnerstores am ounted to 30 atthe end ofJanuary.

AnnualG eneralMeeting

The Annual G eneral Meeting w ill be held on 4 April 2008 at2:00 p.m . atOMX 's prem ises atTullvaktsvägen 15 in Stockholm . The Annual R eportw ill be available through publication on Mekonom en's w ebsite notlaterthan 20 March 2008.

Share dividend

The B oard ofDirectors proposes a share dividend ofSE K 6.00 (3.00) based on the year's earnings, plus a bonus dividend ofSE K 5.00 (7.00) pershare.

Accounting principles

Mekonom en applies the International Financial R eporting Standards (IFR S) as adopted by the E U . This interim reportw as prepared in accordance w ith the Annual Accounts Act, IAS 34 Interim Financial R eporting and R R 31 Interim R eporting forG roups. The new orrevised IFR S standards orIFR IC interpretations thatbecam e effective on 1 January 2007 have nothad any m aterial effecton the G roup's incom e statem entorbalance sheets. The accounting principles in accordance w ith IFR S are unchanged from the preceding yearand are described in the 2006 Annual R eport. The ParentC om pany prepares its accounts in accordance w ith the Annual Accounts Act and applies the sam e accounting principles and valuation m ethods as in the m ostrecentAnnual R eport.

Forthcoming financialreporting dates

IN FORM A TION	PER IOD	DA TE
Interim report	January – March 2008	16 May 2008
Interim report	January – June 2008	20 August2008
Interim report	January – Septem ber2008	4 N ovem ber2008
Y ear-end report	January – Decem ber2008	February 2009

Stockholm , 15 February 2008 Mekonom en AB (publ), C orp. R eg. N o. 556392-1971

H åkan L undstedt Presidentand C E O

This year-end reporthas notbeen subjectto review by the C om pany's auditors.

Forfurtherinform ation, please contact: H åkan L undstedt, Presidentand C E O Mekonom en AB , Tel. +46 (0)8-464 00 00 G unilla Spongh, C FO Mekonom en AB , Tel. +46 (0)8-464 00 00 B oel Sundvall, H ead ofcom m unications Mekonom en AB , Tel. +46 (0)8-464 00 00

Mekonom en AB (publ), C orp. R eg. N o. 556392-1971 B ox 6077 SE -141 06 K ungens K urva Telephone: +46 (0)8-464 00 00, Fax: +46 (0)8-464 00 66

Mekonom en is a spare parts chain w ith its ow n w holesale operation and a nationw ide retail netw ork ofw holly ow ned and cooperating stores in Sw eden, N orw ay and Denm ark. G roup revenues m ainly consistofsales to service centres and m otorists via w holly ow ned stores, and w holesale operations aim ed atcooperating stores. w w w .m ekonom en.se

Consolidated financialreports

Q U ARTERLY DATA BY SEG MEN T			2007			2006
	Full-year	Q 4	Q 3	Q 2	Q 1	Full-year	Q 4	Q 3	Q 2	Q 1
N ET SALES, SEK M
Sw eden	1,270	328	314	330	299	1,218	322	311	329	256
N orw ay	584	150	146	154	134	537	133	133	151	120
Denmark	661	166	162	170	163	663	162	158	176	167
G roup-w ide and eliminations	15	5	4	3	3	15	6	3	3	3
G RO U P	2,530	649	626	657	599	2432	623	605	659	545
EBIT, SEK M
Sw eden	216	51	57	55	53	198	58	57	49	34
N orw ay	81	17	25	20	20	58	7	20	21	10
Denmark	-22	-21	0	1	-1	-6	9	1	-12	-5
G roup-w ide and eliminations	-24	-4	-3	1	-18	-29	0	-7	-21	-1
G RO U P	250	43	78	76	53	220	74	71	37	38
IN VESTMEN TS, SEK M
Sw eden	11	4	3	3	2	14	7	2	3	3
N orw ay	4	0	1	1	1	4	1	1	1	1
Denmark	14	4	2	5	3	10	7	1	2	1
G roup-w ide and eliminations	14	7	5	1	1	9	0	1	2	5
G RO U P	43	15	11	11	6	37	15	5	8	10
EBIT MARG IN , %
Sw eden	17	15	18	16	18	16	18	18	15	13
N orw ay	14	11	17	13	15	11	5	15	14	8
Denmark	-3	-13	0	1	-1	-1	6	1	-7	-3
G RO U P	10	7	13	11	9	9	12	12	6	7

		October-December			January-December
CONDENSED INCOME STATEMENT (SEK M)	2007	2006	change %	2007	2006	change %
Net sales	649	623	$\overline{4}$	2,530	2,432	$\overline{4}$
Other operating revenue	$\overline{4}$	$\overline{7}$	$-43$	20	17	18
TOTAL REVENUES	653	630	4	2,550	2,450	4
OPERATING EXPENSES
Goods for resale	$-329$	$-314$	5	$-1,294$	$-1,275$	$\mathbf{1}$
Other external costs	$-115$	$-95$	21	$-410$	$-361$	14
Personnel costs	$-155$	$-134$	16	$-560$	$-535$	5
Depreciation of tangible assets	$-11$	$-13$	$-15$	$-37$	$-51$	$-27$
Impairment of intangible assets	$\overline{0}$	$\mathbf{0}$		$\overline{0}$	$-9$
EBIT	43	74	$-42$	250	220	14
Interest income	$\overline{6}$	$\overline{2}$	200	10	6	67
Interest expense	$-1$	$-4$	$-75$	$-9$	$-15$	$-40$
Other financial items	20	-6	$-433$	166	$-13$	$-1,377$
PROFIT AFTER FINANCIAL ITEMS	68	66	3	418	198	111
Tax	$-2$	$-20$	$-90$	$-70$	$-58$	21
NET PROFIT FOR THE PERIOD	65	46	41	348	140	149
NET PROFIT FOR THE PERIOD SPECIFIED AS:
Parent Company's shareholders	66	47	40	340	132	158
Minority owners	$\overline{0}$	$-1$	$-100$	$\overline{7}$	8	$-13$
Earnings per share before dilution, SEK *	2.13	1.53	39	11.03	4.28	158

*) No dilution is applicable.

CONDENSED BALANCE SHEET (SEK M)	31 December 2007	31 December 2006	31 December 2005
ASSETS
Intangible assets	206	169	173
Tangible fixed assets	97	458	475
Financial fixed assets	10	10	6
Deferred tax assets	$\overline{2}$	3	9
Inventories	554	521	534
Current receivables	300	358	289
Cash and cash equivalents and short-term investments	290	95	38
Properties for sale	22	30	76
TOTAL ASSETS	1,481	1,644	1,600
SHAREHOLDERS' EQUITY AND LIABILITIES
Shareholders' equity	996	953	933
Long-term liabilities	44	70	148
Current liabilities	441	621	518
TOTAL SHAREHOLDERS' EQUITY AND LIABILITIES	1.481	1.644	1,600

		October-Decem ber		January-Decem ber
CO N DEN SED CASH -FLO W STATEMEN T (SEK M)	2007	2006	2007	2006
Cash flow from operating activities before changes in
w orking capital	61	81	255	208
Cash flow from changes in w orking capital	48	-17	65	-8
CASH FLO W FRO M O PERATIN G ACTIVITIES	109	64	320	200
Cash flow from investing activities	-21	-16	448	-20
Cash flow from financing activities	-1	1	-574	-122
CASH FLO W FO R TH E PERIO D	87	49	194	59

Comparative figures were adjusted pertaining to current liabilities to credit institutions, which were transferred from changes in working capital to changes in financing activities.

CH AN G E IN SH AREH O LDERS'EQ U ITY (SEK M)	January—Decem ber
	2007	2006
SH AREH O LDERS'EQ U ITY AT TH E BEG IN N IN G O F TH E PERIO D	953	933
Dividend	-318	-106
Currency effect	14	-9
Acquired minority shares, net	0	-5
N etprofitforthe period	348	140
SH AREH O LDERS'EQ U ITY AT TH E EN D O F TH E PERIO D	996	953
O F W H ICH , MIN O RITY SH ARE	18	20

Q U ARTERLY DATA	2007				2006
	Q 4	Q 3	Q 2	Q 1	Q 4	Q 3	Q 2	Q 1
Totalsales, SEK M	653	626	666	606	630	608	663	550
EBIT, SEK M	43	78	76	53	74	71	37	38
Profitafterfinancialitems, SEK M	68	216	73	61	66	65	32	36
N etprofitforthe period, SEK M	65	187	52	44	46	46	23	25
EBIT margin, %	7	13	11	9	12	12	6	7
Earnings pershare, SEK	2.13	8.90	1.62	1.34	1.53	1.34	0.64	0.77

		October-Decem ber		January-Decem ber
KEY RATIO S	2007	2006	2007	2006
Return on equity, %	-	-	35.6	14.3
Return on capitalemployed, %	-	-	38.7	18.7
Equity/assets ration, %	-	-	67.3	58.0
G ross margin, %	49.2	49.6	48.9	47.6
EBIT margin, %	6.5	11.8	9.8	9.0
Earnings pershare, SEK	2.13	1.53	11.03	4.28
Shareholders'equity pershare, SEK	-	-	31.7	30.2
N umberofshares atthe end ofthe period	30,868,822	30,868,822	30,868,822	30,868,822
Average numberofshares during the period	30,868,822	30,868,822	30,868,822	30,868,822
N umberofstores in Sw eden/ofw hich w holly
ow ned	-	-	114/93	115/88
N umberofstores in N orw ay/ofw hich w holly ow ned	-	-	42/25	39/21
N umberofstores in Denmark/ofw hich w holly
ow ned	-	-	38/38	38/38

AVERAG E N U MBER O F EMPLO YEES		October-Decem ber	January-Decem ber
	2007	2006	2007	2006
Sw eden	642	656	637	659
N orw ay	211	192	202	185
Denmark	388	383	382	388
ParentCompany	64	23	50	24
G roup	1,305	1,253	1,271	1,256

Financialreports, ParentCompany

CO N DEN SED IN CO ME STATEMEN T (SEK M)		October-Decem ber	January-Decem ber
	2007	2006	2007	2006
Totalrevenues	-7	-19	80	74
O perating expenses	-28	-33	-104	-103
EB IT	-35	-53	-23	-30
N etfinancialitems	15	53	317	53
Profitafterfinancialitems	-20	1	294	23
PR OFIT FOR TH E PER IOD	-44	-6	265	10

CO N DEN SED BALAN CE SH EET (SEK M)	31 Decem ber 2007	31 Decem ber 2006	31 Decem ber 2005
A ssets
Long-term receivables in G roup companies	0	221	205
Fixed assets	268	261	270
Currentreceivables in G roup companies	188	217	48
O thercurrentreceivables	48	49	48
Cash and cash equivalents and short-term
investments	312	18	2
Totalassets	816	766	573
Shareholders'equity and liabilities
Shareholders'equity	637	542	522
Provisions	3	-	-
U ntaxed reserves	86	42	11
Currentliabilities in G roup companies	50	98	14
O thercurrentliabilities	41	85	26
Totalshareholders'equity and liabilities	816	766	573

Definitions ofkey ratios

R eturn on equity N etprofitforthe period, excluding minority shares, as a percentage ofaverage shareholders'equity, excluding minority interest.

C apitalem ployed Totalassets less non-interest-bearing liabilities and provisions including deferred tax.

R eturn on capitalem ployed Profitafterfinancialitems plus interestexpenses as a percentage of average capitalemployed.

Equity/assets ratio Shareholders'equity including minority shares as a percentage oftotalassets.

G ross m argin N etsales less costs ofgoods forresale as a percentage ofnetsales.

EB IT m argin EBIT afterdep reciation and amortisation as a percentage ofsales.

Shareholders'equity per share Shareholders'equity excluding minority shares, in relation to the numberofshares atthe end ofthe period .

Earnings per share N etprofitforthe period , excluding minority shares, in relation to the average numberofshares.