2021-Q1-Hedin-Bil-engelska 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 The operating segments are the geographical markets of Sweden, Norway, and Belgium. All markets include both vehicle sales and after-market. Vehicle sales cover the sale of new and pre-owned passenger cars, commercial vehicles and trucks, including commission income from financing and insurance. After-market covers service, workshop services and workshop products and spare parts. The effects of IFRS16 are reported under “Segment reconciliation”. Operational earnings are defined as operating profit excluding items affecting comparability and amortization in surplus values. Sweden Norway 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 2020 2021 4,244,800 3,587,789 1,167,994 287,464 -137,954 149,510 3.5% 195,227 -132,033 63,194 1.8% -4,282 145,228 3.4% -4,465 58,729 1.6% 71,969 -7,910 64,059 5.5% -5,971 58,088 5.0% 2020 Belgium 2021 965,254 1,176,425 50,847 -9,278 41,569 4.3% 37,000 -7,720 29,280 2.5% -6,226 35,343 3.7% -8,528 20,752 1.8% 2020 902,494 20,499 Segment reconciliation 2021 0 146,678 -8,281 -135,426 12,218 11,252 1.4% -9,019 3,199 0.4% 2020 Group 2021 2020 188,260 6,589,219 5,643,797 148,707 -136,119 12,588 543,111 -289,010 254,101 3.9% 11,252 12,588 -18,781 235,320 3.6% -45,253 190,067 -41,374 148,693 415,280 -285,711 129,569 2.3% -19,710 109,859 1.9% -67,365 42,494 -9,289 33,205 26,329 237,168 11,016 344,865 5,295 23,633 8,359 8,132 1,637 0 13,330 0 0 0 0 0 33,261 260,801 32,705 352,997 15 INTERIM REPORT Q1 2021 | I.A. HEDIN BIL AB | 1 JANUARI – 31 MARS