2006				2007
Condensed consolidated income statements, MSEK	Q1	Q2	Q3	Q4	Q1	Q2	Q3	Q4
Net sales	2,951	3,242	3,261	3,457	2,663	3,090	3,272	3,527
Gross profit	1,495	1,584	1,586	1,581	1,295	1,461	1,570	1,647
Pension curtailment gain	–	148	–	–	–	–	–	–
Capital gain from sale of real estate	–	–	–	–	–	–	–	267
Operating profit	733	933	809	811	534	642	759	1,062
Net finance cost	–36	–51	–67	43	–66	–79	–105	–86
Profit before income tax	697	882	742	854	468	563	655	976
Profit for the year attributable to equity holders of the Parent	488	617	628	603	332	441	491	791
EBITDA excluding larger one time items	843	856	922	922	642	751	875	897

			2006				2007
Key figures		Q1	Q2	Q3	Q4	Q1	Q2	Q3	Q4
Operating margin, %1)		24.8	24.2	24.8	23.5	20.0	20.8	23.2	22.5
Equity/assets ratio, %		26.6	12.7	10.2	13.0	9.2	2.4	1.9	4.4
Investments in property, plant and equipment, MSEK		60	64	65	115	124	165	132	120
Earnings per share, basic, SEK		1.62	2.09	2.23	2.19	1.23	1.66	1.89	3.04
1)	Excluding larger one time items.

		2006				2007
Net sales by product area, MSEK	Q1	Q2	Q3	Q4	Q1	Q2	Q3	Q4
Snuff	785	831	785	963	662	794	852	981
Cigars	759	888	903	857	735	847	902	928
Chewing Tobacco	273	277	273	240	238	253	243	222
Pipe Tobacco and accessories	238	218	217	226	205	203	220	223
Lights	387	368	360	388	340	354	374	405
Other operations	510	659	723	784	483	638	682	769
Total	2,951	3,242	3,261	3,457	2,663	3,090	3,272	3,527

		2006				2007
Operating profit by product area, MSEK	Q1	Q2	Q3	Q4	Q1	Q2	Q3	Q4
Snuff	383	383	385	462	231	311	383	441
Cigars	163	207	231	168	164	193	185	195
Chewing Tobacco	86	81	95	76	72	82	83	75
Pipe Tobacco & accessories	76	58	68	63	56	24	64	58
Lights	63	72	64	51	57	62	67	67
Other operations	–38	–17	–35	–9	–45	–29	–22	–41
Subtotal	733	784	808	811	534	642	759	795
Pension curtailment gain	–	148	–	–	–	–	–	–
Capital gain from sale of real estate	–	–	–	–	–	–	–	267
Total	733	932	808	811	534	642	759	1,062

			2006				2007
Operating margin by product area, %1)		Q1	Q2	Q3	Q4	Q1	Q2	Q3	Q4
Snuff		48.8	46.1	49.1	48,0	34.9	39.1	45.0	45.0
Cigars		21.5	23.4	25.6	19.6	22.3	22.7	20.5	21.0
Chewing Tobacco		31.5	29.3	34.7	31.7	30.1	32.3	34.3	34.1
Pipe Tobacco & accessories		31.8	26.5	31.5	28.0	27.1	11.7	28.9	25.9
Lights		16.2	19.5	17.7	13.1	16.8	17.5	17.8	16.4
Group		24.8	24.2	24.8	23.5	20.0	20.8	23.2	22.5
1)	Exluding larger one time items.

Average shareholders’ equity	Opening + closing equity attributable to the equity holders of the Parent
	2

Average operating capital	Opening + closing operating capital
	2

Debt/equity ratio (%)	100 x	Net debt
		Total equity

Dividend yield (%)	100 x	Dividend (paid/proposed after year-end)
		Year-end share price

Dividend pay-out ratio (%)	100 x	Proposed dividend
		Earnings per share

Earnings per share	Profit for the year attributable to equity holders of the Parent
	Average number of shares outstanding1)

EBIT multiple	Market value at year-end + net debt + minority interest
	Operating profit

EBITA	Earnings excluding larger one time items, net finance cost, tax,
	amortization and impairments of intangible assets

EBITA interest coverage ratio	EBITA
	Net interest expense (Interest expence – interest income)

EBITDA	Earnings excluding larger one time items, net finance cost, tax, depreciation,
	amortization and impairments of tangible and intangible assets

Equity/assets ratio (%)	100 x	Total equity
		Total assets

Equity per share	Equity attributable to equity holders of the Parent
	Number of shares outstanding at year-end1)

Net debt	Interest-bearing liabilities, incl. net provisions for pensions and similar
	obligations, less cash and cash equivalents and other investments

Operating capital	Current operating assets + intangible assets, property, plant and equipment + other non-current operating assets
	less current and non-current operating liabilities

Operating margin (%)	100 x	Operating profit
		Net sales

P/E ratio	Share price at year-end
	Earnings per share

Return on operating capital (%)	100 x	Operating profit
		Average operating capital

Share turnover rate (%)	100 x	Annual turnover
		Total number of shares

Total return (%)	100 x	Share price at year-end – share price at preceding year-end) + (dividend paid + return on reinvested dividend)
		Share price at preceding year-end

1)	Number of shares outstanding relates to shares outstanding excluding treasury shares.