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Parent Company Income Statement
MSEK Note 2007 2006
Net sales 1 6 13
Cost of sales   –3 –8
Gross profit   3 5
Selling expenses   –12 –13
Administrative expenses 2, 3 –376 –399
Other income 4 37 39
Operating loss   –348 –368
Income from participation in Group companies 5 17,714 7,370
Gain/loss on sale of shares   340 –4
Income from other investments and receivables carried as fixed assets 5 1 –224
Interest income and comparable items 5 311 566
Interest expense and comparable items 5 –1,020 –447
Profit after financial items   16,998 6,893
Appropriations 6 11 11
Profit before income tax   17,009 6,904
Income tax 7 30 –285
Profit for the year   17,039 6,619
Parent Company Balance Sheet
MSEK Note December 31, 2007 December 31, 2006
Assets      
Intangible assets 8 17 28
Property, plant and equipment 9 2 1
Financial fixed assets      
Participations in Group companies 20 52,001 15,641
Receivables from Group companies 10 70 76
Other non-current receivables   8 –
Deferred tax assets 7 3 2
Total financial fixed assets   52,082 15,719
Total fixed assets   52,101 15,748
Current receivables      
Receivables from Group companies   4,348 5,416
Receivables from associated companies   – 2
Income tax receivables 7 67 45
Other receivables 11 114 161
Prepaid expenses and accrued income 12 43 33
Total current receivables   4,572 5,657
Current investments   – 50
Cash and bank*   2,808 1,684
Total current assets   7,381 7,391
TOTAL ASSETS   59,482 23,139
Equity 13    
Restricted equity      
Share capital, 267,000,000 shares at 1:46 and      
280,000,000 at 1:39 respectively   390 390
Unrestricted equity      
Hedge reserve   28 –
Retained earnings   4,725 1,244
Profit for the year   17,039 6,619
TOTAL EQUITY   22,182 8,253
Untaxed reserves 14 13 24
Income tax provision   11 –
Other provisions   9 –
Non-current liabilities      
Bond loans 15 8,321 7,271
Liabilities to Group companies 16 18,100 –
Total non-current liabilities   26,421 7,271
Current liabilities      
Liabilities to credit institutes 15 1,172 298
Accounts payable   16 11
Liabilities to Group companies   9,373 7,085
Current tax liabilities   8 –
Other liabilities   206 124
Accrued expenses and prepaid income 17 71 73
Total current liabilities   10,846 7,591
TOTAL EQUITY AND LIABILITIES   59,482 23,139
Pledged assets 18 2 2
Contingent liabilities 18 900 925
* Cash and bank include current investments with maturity of less than 90 days from acquisition.