I.A. Hedin Bil - Annual Report 2018 1
TABLE OF CONTENTS I.A. HEDIN BIL AB IN WORDS AND
PICTURES The CEO has the word........................................................................................ 7 2018 in brief .................................................................................................................9 Total market ................................................................................................................10 I.A. Hedin Bil AB ........................................................................................................15 Organization I.A. Hedin Bil AB .................................................................................16 Dealerships and Brand managers ...............................................................................18 Hedin Bil in Sweden ...................................................................................................21 Hedin Belgien Bil AB ..................................................................................................25 Hedin Automotive AS .................................................................................................29 Bavaria Norge AS ............................................................................................ 31 Bavaria Sverige Bil AB..........................................................................................33 GS Bildeler AS ............................................................................................................35 Hedin Performance Cars AB ...................................................................................37 Property projects ........................................................................................................40 Sustainability ....................................................................................................................... 43 Milestones and history..........................................................................................47 Year 2018 ...................................................................................................................51 Board and management .............................................................................................90 I.A. HEDIN BIL AB IN FIGURES Five years in summary ................................................................................................48 Director´s report ..........................................................................................................51 Income Statement - Group ..........................................................................................54 Balance Sheet -Group ........................................................................................................ 55 Cash flow statement - Group .......................................................................................58 Notes ..........................................................................................................................59 Income Statement - Parent Company ............................................................................... 77 Balance sheet - Parent Company ................................................................................78 Cash flow statement - Parent Company ............................................................................ 80 Notes ..........................................................................................................................81 Auditor's report ...........................................................................................................86 I.A. HEDIN BIL AB / ANNUAL REPORT / 2018 3