I.A Hedin Bil AB - Interim Report Q3 2019 1
INTERIM REPORT 2019 | I.A. HEDIN BIL AB | JULY 1S
T - SEPTEMBER 30TH Note 2 Operating segments Hedin Bil refers to the sale of new and pre-owned vehicles and aftersales service activities in Sweden under the brand of Hedin Bil. Bavaria refers to the sale of new and pre-owned vehicles and aftersales service activities in Norway and Sweden under the brand of Bavaria. Belgium refers to the sale of new and pre-owned vehicles and aftersales service activities in Belgium under the brand of Hedin Automotive. 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”. Operating segments Hedin Bil 2019 Net sales EBITDA Depreciation Operating profit Financial items Profit before tax Tax expense Profit of the period Investments in - fixed assets - Leasing vehicles 74,610 674,406 104,217 296,071 25,801 412,958 17,349 371,600 14,616 16,998 437 2,526 2018 9,877,347 10,140,794 367,861 -264,651 283,327 -176,379 103,210 106,948 Bavaria 2019 4,373,830 254,482 -172,915 81,567 2018 4,841,414 233,919 -164,567 69,352 Belgium 2019 2,131,417 46,099 -30,669 15,430 2018 688,870 5,749 -9,829 -4,080 Segment reconciliat ion 2019 0 416,881 -390,624 26,257 Group 2018 2019 2018 2,128 -2,128 0 0 16,382,594 15,671,078 1,085,323 -858,859 525,123 -352,903 226,464 -164,537 61,927 -8,657 53,270 115,464 1,087,364 172,220 -84,365 87,855 -18,812 69,043 141,090 667,671 Operating segments Net sales EBITDA Depreciation Operating profit Financial items Profit before tax Tax expense Profit of the period Investments in - fixed assets - Leasing vehicles 36,883 1,087,364 54,336 667,671 78,581 86,754 Vehicle sales 2019 2018 15,481,964 14,424,325 501,263 -392,110 109,153 389,684 -292,546 97,138 After market 2019 2,966,373 168,962 -77,908 91,054 2018 Segment reconciliat ion 2019 Group 2018 2019 2018 2,643,696 -2,065,743 -1,396,943 16,382,594 15,671,078 136,030 -60,948 75,082 415,098 -388,841 26,257 0 0 0 1,085,323 -858,859 226,464 -164,537 61,927 -8,657 53,270 115,464 1,087,364 525,714 -353,494 172,220 -84,365 87,855 -18,812 69,043 141,090 667,671 15