Interim Report Q4 2019 1
INTERIM REPORT 2019 | I.A. HEDIN BIL AB | OCTOBER
1ST - DECEMBER 31ST 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 127,771 1,054,167 167,118 530,145 32,060 553,950 31,894 303,457 25,829 21,942 457 3,565 2018 12,938,676 13,824,964 564,286 -397,802 394,821 -263,868 166,484 130,953 Bavaria 2019 6,393,349 378,719 -233,913 144,806 2018 6,083,276 321,460 -213,551 107,909 Belgium 2019 3,070,758 62,676 -48,124 14,552 2018 1,214,190 10,410 -22,165 -11,755 Segment reconciliat ion 2019 -101,401 550,644 -516,279 34,365 Group 2018 2019 2018 -79,090 22,301,382 21,043,340 2,128 1,556,325 -2,128 -1,196,118 0 360,207 -212,253 147,954 -44,646 103,308 186,117 1,608,117 728,819 -501,712 227,107 -114,143 112,964 -26,108 86,856 224,519 833,602 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 58,079 1,608,117 47,521 833,602 128,038 149,300 Vehicle sales 2019 2018 20,395,543 19,705,876 725,703 -556,546 169,157 528,016 -407,340 120,676 After market 2019 4,358,377 261,968 -107,415 154,553 2018 Segment reconciliat ion 2019 Group 2018 2019 2018 3,507,863 -2,452,538 -2,170,399 22,301,382 21,043,340 201,993 -95,562 106,431 568,654 -532,157 36,497 0 1,556,325 0 -1,196,118 0 360,207 -212,253 147,954 -44,646 103,308 186,117 1,608,117 730,009 -502,902 227,107 -114,143 112,964 -26,108 86,856 196,821 833,602 15