Atlas Copco - Annual Report 1999

Five Years in Summary
Atlas Copco Group
FIVE YEARS IN SUMMARY
SEK m. unless otherwise noted.* 1995 1996 1997 1998 1999
Operating profit 2,665 2,931 3,813 4,345 4,470
Operating profit margin, % 10.9 11.7 12.7 12.9 12.3
Profit after financial items 2,840 3,070 3,520 3,637 3,412
Profit margin, % 11.6 12.2 11.7 10.8 9.4
Profit for the year 1,823 1,938 2,208 2,283 2,247
Return on capital employed, % 22.4 21.2 21.1 17.2 14.1
Return on equity, % 18.6 17.5 17.6 16.1 13.6
Equity/assets ratio, % 47.8 51.8 39.2 41.6 39.3
Earnings per share, SEK 9.54 10.15 11.56 11.96 11.50
Dividend per share, SEK 2.88 3.60 4.08 4.32 4.75**
Orders received 24,843 25,159 30,685 32,979 36,534
Revenues 24,454 25,121 30,032 33,740 36,234
Change, % +17 +3 +20 +12 +7
Sales outside Sweden, % 96 96 97 97 97
Net interest expense 129 127 –306 –680 –1,034
As percent of revenues 0.5 0.5 –1.0 –2.0 –2.9
Interest coverage ratio 8.7 10.6 6.5 4.9 3.8
Cash flow from operations before financing 1,530 1,920 3,878 2,149 2,413
Total assets 22,106 23,175 34,790 37,166 53,650
Debt/equity ratio, % 29.9 15.8 74.9 65.0 91,7
Capital turnover ratio 1.19 1.11 1.08 0.94 0.83
Investments in property and machinery 711 822 840 853 939
As percent of revenues 2.9 3.3 2.8 2.5 2.6
Investments in rental equipment 228 336 920 1,594 2,342
As percent of revenues 0.9 1.3 3.1 4.7 6.5
Average number of employees 19,751 21,085 22,296 23,857 24,249
Revenues per employee, SEK thousands 1,238 1,191 1,347 1,414 1,494
Value added per employee, SEK thousands 512 496 586 627 668
* For definitions, see page 17.
** According to the Board of Directors’ proposal.
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