CEO's comments FOURTH QUARTER (DECEMBER 1, 2011 FEBRUARY 29, 2012) THE FULL YEAR (MARCH 1, FEBRUARY 29, 2012)

Transcription

1 FOURTH QUARTER (DECEMBER 1, 2011 FEBRUARY 29, 2012) THE FULL YEAR (MARCH 1, FEBRUARY 29, 2012) SIGNIFICANT EVENTS DURING THE QUARTER SIGNIFICANT EVENTS SINCE THE END OF THE QUARTER CEO's comments

2 Key ratios The Group (SEK millions, unless otherwise stated) Sales Operating profit Earnings after finance net Earnings after tax Cash flow Cash and cash equivalents Equity ratio, % Shareholders' equity Number of buses Estimated full time positions Quarter Dec 11 Feb 12 Dec 10 Feb 11 Mar 11 Feb 12 Mar 10 Feb 11 The market 2

3 Development of the business THE GROUP Explanation items for revenue and earnings growth (SEK millions) Period Mar Feb 2011 Revenues Revenues and earnings Revenues Period Mar 2011-Feb 2012 REGIONAL TRAFFIC BUSINESS AREA 3

4 Tender situation per country, H 1 Tenders during the full year 2011/2012 Traffic during the full year 2011/2012 Submitted Won Lost Commenced Ended INTERREGIONAL TRAFFIC BUSINESS AREA Trend interregional traffic (Swebus) Quarter Dec 11 Feb 12 Dec 10 Feb 11 Mar 11 Feb 12 Mar 10 Feb 11 Sales FOURTH QUARTER (DECEMBER 1, FEBRUARY 29, 2012) THE FULL YEAR (MARCH 1, FEBRUARY 29, 2012) 4

5 Revenues (SEK millions) Quarter Earnings FOURTH QUARTER (DECEMBER 1, FEBRUARY 29, 2012) THE FULL YEAR (MARCH 1, FEBRUARY 29, 2012) Operating profit (SEK millions) Quarter 5

6 Operating profit (SEK millions) Net sales Operating profit Group Operating profit (SEK millions) Net sales Operating profit Regional traffic Operating profit (SEK millions) Net sales Operating profit Interregional traffic One-off costs Financial position Investments Cash flow 6

7 Taxes Personnel Significant events during the quarter Significant events since the end of the quarter Parent company Transactions with closely related parties Seasonal variations 7

8 Risks and uncertainty factors Accounting principles Other Telephone conference 8

9 Assurance Future reports Annual General Meeting May 15, 2012 Report for the first quarter 2012/2013 June 27, 2012 Contacts For further information please contact: Ragnar Norbäck, President and CEO Per Skärgård, CFO Ingrid Håkanson, IR Manager Nobina AB Armévägen 38, Solna, Sweden Reg. no

10 Consolidated income statement in brief SEK millions, unless otherwise stated Quarter -1,507-1,171-3, Consolidated statement of comprehensive income SEK millions Quarter 10

11 Consolidated balance sheet in summary SEK millions 29 Feb Feb 2011 ASSETS 11

12 Consolidated statement of changes in equity SEK millions Share capital Other contributed capital Translation differences Losses carried forward Total equity 12

13 Consolidated cash flow statement SEK millions Quarter Cash flow from operations 13

14 Parent company's income statement in brief SEK millions Quarter Report of the parent company's comprehensive income SEK millions Quarter Dec 11 Feb 12 Dec 10 Feb 11 Mar 11 Feb 12 Mar 10 Feb 11 14

15 Parent company's balance sheet in brief SEK millions 29 Feb Feb 2011 Parent company's change in equity SEK millions Share capital Statutory reserve Share premium reserve Retained earnings Earnings for the period Total equity 15

16 Note 1. Segment reporting SEK millions, unless otherwise stated Quarter Revenues per business area Nobina Sweden Nobina Denmark Nobina Norway Nobina Finland Elimination of sales to interregional traffic Elimination of sales to regional traffic Total interregional traffic Total revenues SEK millions, unless otherwise stated Operating profit per business area Nobina Sweden Total regional traffic Nobina Denmark Nobina Norway Nobina Finland Swebus Total interregional traffic Central functions and other items Total operating profit Quarter 16

17 Note 2. Financing SEK millions, unless otherwise stated Quarter Operational leasing, Buses Nominal value of future payments - Buses Present value of future payments - Buses Number of operationally leased buses Reported operational leasing expense Interest-bearing non-current liabilities Senior Notes Financial leasing liability Factoring Capitalized financing fees Total Less current part Total non-current liabilities Interest expenses and similar profit/loss items Interest expenses, financial leasing Interest expenses, Senior Notes Other financial expenses Realized and non-realized exchange rate profits Total Earnings per share Quarter Average number of ordinary shares during the period Reported earnings Adjusted earnings Earnings per share 17

18 Key ratio information Key ratios, most recent eight quarters Key ratios, the Group in SEK millions, unless otherwise Sales Regional traffic Interregional traffic Operating profit Regional traffic Interregional traffic Earnings after financial items Earnings after tax Cash flow Cash and cash equivalents Equity ratio, % Equity Equity/ordinary share, SEK Number of buses Estimated full-time positions 2010/ /2012 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Revenues, rolling twelve months, five years Operating profit, rolling 12 months, five years 1 Earnings, rolling 12 months, five years 1 18

19 RESULTS MARCH FEBRUARY 2012 Breakdown of revenues and earnings by segment, twelve months Tender results, number of buses, twelve months Historical tender results /08 08/09 09/10 10/11 11/12 Outlook 12/13 Available buses Nobina buses Buses won by Nobina 19

20 Planned, newly started traffic, coming 12 months Contract outcome per country, coming 12 months Planned, newly started traffic, March February 2013 PTA Contract type Number of years Traffic start Number of buses Value (SEK millions) Sweden Upplands Lokaltrafik Regional traffic 10 June ,917 Skånetrafiken Regional traffic 8 October Skånetrafiken Regional traffic 8 October Skånetrafiken Regional traffic 4 October Västtrafik Regional traffic 8 December Västtrafik Regional traffic 8 December Finland HSL City traffic 7 August ,627 HSL City traffic 7 February Norway Ruter City traffic 7 October ,749 Denmark Movia City traffic 6 December Total regional traffic ,129 Definitions 20