Annual and Sustainability Report 2011 - Teracom

Financial overview of the Group
MSEK 2011 2010 2009 2008 2008* 2007 2006 2005
Net profit/loss
Operating income 4 059 3 852 3 408 2 991 3 188 3 312 3 004 2 700
Depreciation/amortization and impairment -423 -349 -281 -277 -374 -429 -408 -411
Operating profit/loss 376 293 496 635 581 625 495 360
Profit (loss) before taxes 325 281 483 622 568 669 490 359
Profit (loss) for the year 168 201 269 460 421 470 354 277
of which holdings without a controlling interest - - - 91 91 80 56 33
Financial position*
Total assets 5 553 5 698 4 190 3 765 3 765 3 803 3 919 3 644
Equity 1 773 1 743 1 685 1 666 1 666 1 810 1 776 1 602
of which holdings without a controlling interest 0 0 0 0 0 80 86 60
Interest-bearing liabilities 2 016 2 381 1 016 306 306 7 11 15
Non-interest bearing liabilities 1 764 1 574 1 489 1 793 1 793 1 906 2 046 1 967
Cash flow
Cash flow from operating activities 645 789 286 618 581 995 738 827
Cash flow from investing activities -344 -1 528 -519 -1 200 -1 242 -238 -263 -447
Cash flow from financing activities -458 1 040 293 -180 -180 -436 -219 -208
Cash flow for the year -157 301 60 -762 -841 321 256 172
Key ratios
Operating margin, % 9 8 15 21 18 19 16 13
Return on equity, % 10 12 16 26 24 26 21 19
Return on capital employed, % 10 10 22 34 32 34 27 18
Equity ratio, % 32 31 40 44 52 48 45 44
Debt/equity ratio 0,98 1,12 0,54 0,14 0,14 0 0 0
EBITDA 799 642 777 912 955 1 054 903 771
Net liability over EBITDA 2 177 3 041 1 171 254 243 -161 -168 -417
Average number of employees 707 707 638 669 669 674 687 697
* Including operations that were discontinued in 2009
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