Anders Hedin Invest - Interim Report Q3 2018 1
I.A. HEDIN BIL AB Reporting standards The Interim
report for the group has been prepared according to IAS 34 Interim Financial Reporting. The same accounting policies and calculation methods have been applied as in the most recent annual report. Due to the investment in Belgium the operating segments according to IFRS 8 have been added to three segments. Hedin Bil refers to sale of new and pre-owned vehicles and service activities in Sweden under the brand of Hedin Bil. Bavaria refers to sale of new and pre-owned vehicles and service activities in Sweden and Norway under the brand of Bavaria and KC Motors. Belgien refers to sale of new and pre-owned vehicles and service activities in Belgium under the brand of Hedin Automotive. Note 1 Operating segments Operating segments Hedin Bil 2018 Net sales EBITDA Depreciation Operating profit Financial items Profit before tax Tax expense Profit of the period Investments in fixed assets 400 288 323 066 388 949 0 16 998 0 2 526 9 122 2017 232 182 -131 583 100 599 Bavaria 2018 10 140 794 8 647 757 4 841 414 283 327 -176 379 106 948 233 919 -164 567 69 352 2017 0 0 0 0 Belgien 2018 688 870 5 749 -9 829 -4 080 2017 0 0 0 0 Segment reconciliation 2018 0 2 719 -2 719 0 Group 2017 2 368 -2 368 0 2018 2017 0 15 671 078 8 647 757 525 714 -353 494 172 220 -84 365 87 855 -18 812 69 043 808 761 234 550 -133 951 100 599 -26 045 74 554 -14 161 60 393 332 188 Operating segments Car sales 2018 Net sales EBITDA Depreciation Operating profit Financial items Profit before tax Tax expense Profit of the period Investments in fixed assets 722 007 299 877 86 754 32 311 2017 -292 546 97 138 175 867 -113 333 62 534 After market 2018 136 030 -60 948 75 082 2017 58 683 -20 618 38 065 Segment reconciliation 2018 14 424 325 7 827 788 2 643 696 1 259 564 -1 396 943 389 684 0 0 0 Group 2017 2018 0 0 525 714 -353 494 172 220 -84 365 87 855 -18 812 69 043 808 761 2017 -439 595 15 671 078 8 647 757 0 234 550 -133 951 100 599 -16 170 84 429 -9 249 75 180 332 188 16 1 JULY - 30 SEPTEMBER I.A. HEDIN BIL AB INTERIM REPORT 2018