Q4 INTERIM REPORT HEDIN MOBILITY GROUP 1
Note 1 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. Note 2 Operating segments Segment breakdown has changed in connection with the restructuring carried out in the Group in October. The business is divided into the business areas Import and distribution, retail and mobility. Retail includes retail sales of new and pre-owned vehicles including commission income from finance and insurance, as well as aftermarket that includes service, workshop services and workshop products, as well as spare parts. Distribution includes the import and distribution of vehicles, tires, spare parts, and other car accessories. Segment reconciliation include the rental car business, leasing services and the IT business. Certain group-wide functions in the Parent Company, as well as the effects of IFRS16, are also reported in Other. Operational earnings refers to operating profit excluding items affecting comparability and amortization of consolidated surplus values. Retail Distribution 2021 Net sales EBITDA Depreciation Operational earnings Margin Amortization of surplus values Operating profit Operating margin Financial items Profit before tax Tax expense Profit of the period Investments in - fixed assets - leasing vehicles 144 4,698 145 1,135 8 20 7 5 26,391 1,788 -785 1,003 3.8% -77 926 3.5% 2020 22,959 1,304 -568 736 3.2% -76 660 2.9% 2021 2,807 167 -13 154 5.5% 0 154 5.5% 2020 341 33 -9 24 7.0% 0 24 7.1% Segment reconciliation 2021 -1,007 607 -618 -11 0.0% -11 0.0% 2020 764 581 -536 45 0.0% 45 0.0% Group 2021 28,191 2,562 -1,416 1,146 4.1% -77 1,069 3.8% -230 839 -195 644 159 4,698 2020 24,064 1,918 -1,113 805 3.3% -76 729 3.0% -217 512 -126 386 170 1,135 20 YEAR-END REPORT 2021 | HEDIN MOBILITY GROUP AB (PUBL) | JANUARY–DECEMBER