Key figures

Full year, 1 December - 30 November.

  2012 2013 2014 2015 2016
Sales including VAT, SEK m 140,948 150,090 176,620 209,921 222,865
Sales excluding VAT, SEK m 120,799 128,562 151,419 180,861 192,267
Change from previous year in SEK, % 10 6 18 19 6
Change from previous year in local currencies, %
11 9 14 11 7
           
Operating profit, SEK m 21,754 22,090 25,583 26,942 23,823
Operating margin, % 18.0 17.2 16.9 14.9 12.4
           
Depreciation for the year, SEK m 3,705 4,191 5,045 6,399 7,605
Profit after financial items, SEK m 22,285 22,448 25,895 27,242 24,039
Profit after tax, SEK m 16,867 17,093 19,976 20,898 18,636
           
Cash and cash equivalents and short-term investments, SEK m 17,143 17,224 16,693
12,950 9,446
Stock-in-trade, SEK m 15,213 16,695 19,403
24,833**
31,732**
Equity, SEK m 43,835 45,248 51,556
58,049 61,236
           
Number of shares, thousands* 1,655,072 1,655,072 1,655,072 1,655,072 1,655,072
Earnings per share, SEK* 10.19 10.33 12.07 12.63 11.26
Shareholders' equity per share, SEK* 26.49 27.34 31.15
35.07 37.00
Cash flow from current operations per share, SEK* 11.42 14.40 14.60
14.54 14.36
Dividend per share, SEK 9.50 9.50 9.75
9.75 9.75***
           
Return on equity, % 38.4 38.4 41.3 38.1 31.2
Return on capital employed, % 50.3 50.0 53.1 49.3 39.2
Share of risk-bearing capital, % 76.1 73.0 72.5 72.7 67.1
Equity/assets ratio, % 72.8 68.9 68.2 67.6 62.1
           
Total number of stores 2,776 3,132 3,511 3,924 4,351
           
Average number of employees 72,276 81,099 93,351 104,634 114,586


Key figure definitions

Return on shareholders' equity-Profit for the year divided by shareholders' equity.

Return on capital employed-Profit after financial items plus interest expense divided by shareholders' equity plus interest-bearing liabilities.

Debt/equity ratio-Interest-bearing liabilities divided by shareholders' equity.

Share of risk-bearing capital-Shareholders' equity plus deferred tax liability divided by the balance sheet total.

Equity/assets ratio-Shareholders' equity in relation to balance sheet total.

Interest cover-Profit after financial items plus interest expense divided by interest expense.

* Before and after dilution.

** The booked value of stock-in-trade for 2015 and 2016 is approximately 5 percent higher than previous years as a result of improved invoicing processes. Accounts payable have increased with the corresponding amount.

*** Proposed by the Board of Directors

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