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{"sheet":"Consolidated IS & BS","index":0,"n_rows":37,"n_cols":5,"rows_kept":37,"cut":false,"hidden":false,"merged":[],"flags":["formulas_cached_only"]}
["CARDO AB"]
["Consolidated income statement in brief"]
[null,null,null,"    January-September","Whole year"]
["SEK million",2000,null,1999,1999]
["Invoiced sales",6851,null,6748,9489]
["Cost of goods sold",-4641,null,-4670,-6457]
["Gross earnings",2210,null,2078,3032]
["Selling and administrative expenses",-1689,null,-1580,-2176]
["Other operating income and expenses - net",8,"1)",-57,-73]
["Operating earnings 2)",529,null,441,783]
["Financial items",-86,null,-69,-88]
["Earnings after financial items 3)",443,null,372,695]
["Tax",-126,"4)",-119,-177]
["Minority share",-3,null,9,3]
["Net earnings for the year",314,null,262,521]
["1) Including pension refund of SEK 69 million."]
["2) Operating earnings have been charged with depreciation amounting to",260,null,231,317]
["   Whereof goodwill",77,null,57,75]
["3) Earnings after financial items and minority share amount to",438,null,367,674]
["4) The tax rate for the year 2000 is expected to amount to 28% owing to"]
["   increased utilization of tax equalisation rights."]
["Consolidated balance sheet in brief"]
["SEK million","30-09-2000",null,"30-09-1999","31-12-1999"]
["Assets"]
["Intangible fixed assets",1360,null,1051,1291]
["Tangible fixed assets",1349,null,1236,1213]
["Financial fixed assets",96,null,52,72]
["Inventories",1490,null,1390,1222]
["Current receivables",2668,null,2523,2575]
["Short-term investments, cash and bank balances",228,null,378,325]
["Total assets",7191,null,6630,6698]
["Equity and liabilities"]
["Equity",2785,null,2403,2635]
["Minority interest",9,null,97,8]
["Interest bearing provisions and liabilities",1842,null,1706,1657]
["Non-interest bearing provisions and liabilities",2555,null,2424,2398]
["Total equity and liabilities",7191,null,6630,6698]

{"sheet":"Cash Flow Statement","index":1,"n_rows":36,"n_cols":4,"rows_kept":36,"cut":false,"hidden":false,"merged":[],"flags":["formulas_cached_only"]}
["CARDO AB"]
["Consolidated cash flow statement in brief"]
[null,null,"         January-September","Whole year"]
["SEK Million",2000,1999,1999]
["Earnings after financial items",443,372,695]
["Pension refund",-53,"-","-"]
["Depreciation",260,231,317]
["Funds generated by operations",650,603,1012]
["Change in working capital",-210,73,110]
["Cash flow from operations before tax",440,676,1122]
["Tax paid",-42,-172,-222]
["Cash flow from operations after tax",398,504,900]
["Investments in intangible and tangible assets",-214,-149,-266]
["Disposal of intangible and tangible assets",12,40,59]
["Acquisitions and disposals of companies",-215,"-",-466]
["Acquisitions and disposals, shares and participations","-",400,400]
["Change in long-term receivables","-",-1,2]
["Cash flow from investments",-417,290,-271]
["Change in interest bearing assets",-16,"-","-"]
["Change in interest bearing provisions and liabilities",98,-776,-760]
["Capital contribution from minority owner","-","-",104]
["Dividend to shareholders",-180,-150,-150]
["Cash flow from financing",-98,-926,-806]
["Net cash flow effect on liquid funds",-117,-132,-177]
["Change in net interest bearing debt"]
[null,null,"Interest"]
[null,null,"bearing"]
[null,null,"assets,","Net"]
[null,"Liquid","provisions and","interest"]
["SEK Million","funds","liabilities, net","bearing debt"]
["Opening balance",325,-1657,-1332]
["Cash flow for the period",-117,-82,-199]
["Net interest bearing debt in acquired and"]
["disposed companies",17,-79,-62]
["Translation difference",3,-8,-5]
["Closing balance",228,-1826,-1598]

{"sheet":"Sales & op. earnings","index":2,"n_rows":31,"n_cols":10,"rows_kept":31,"cut":false,"hidden":false,"merged":[[2,1,2,5],[11,1,11,5]],"flags":["formulas_cached_only"]}
["CARDO AB"]
["Invoiced sales by business area"]
[null,"Whole year",{"$nulls":6},"January-September"]
["SEK million",1996,1997,1998,null,1999,1999,null,2000]
[]
["Cardo Door",2643,3004,3741,null,4227,2940,null,3276]
["Cardo Pump",2347,2491,2546,null,2465,1739,null,1783]
["Cardo Rail",1381,2488,2707,null,2675,1979,null,1792]
["Other items 1)","-","-","-",null,122,90,null,"-"]
[null,6371,7983,8994,null,9489,6748,null,6851]
["Earnings by business area"]
[null,"Whole year",{"$nulls":6},"January-September"]
["SEK million",1996,1997,1998,null,1999,1999,null,2000]
["Operating earnings"]
["  Cardo Door",362,353,404,null,430,221,null,250]
["  Cardo Pump",273,290,266,null,247,150,null,133]
["  Cardo Rail",58,-41,-12,null,170,118,"4)",133]
["  Other items 1)",-42,-35,-131,"2)",-64,-48,null,13,"5)"]
["Operating earnings",651,567,527,null,783,441,null,529]
["Financial items",-1,-63,127,"3)",-88,-69,null,-86]
["Earnings after financial items",650,504,654,null,695,372,null,443]
["Minority share in earnings after"]
["financial items to be added/deducted",-7,7,22,null,-21,-5,null,-5]
["Earnings after financial items and"]
["minority share",643,511,676,null,674,367,null,438]
["1)  Made up of the parent company, other central units and Group adjustments."]
["   Invoiced sales during 1999 relate to Tebel and Group adjustments."]
["2)  Including write-down by SEK 85 million of assets attributable to Tebel."]
["3)  Including capital gain of SEK 233 million relating to sale of shares in AAE."]
["4)  Including a reversed warranty provision of SEK 38 million made during a previous year."]
["5)  Including pension refund of SEK 69 million."]

{"sheet":"Grp. finacial summary","index":3,"n_rows":40,"n_cols":9,"rows_kept":40,"cut":false,"hidden":false,"merged":[[2,1,2,4]],"flags":["formulas_cached_only"]}
["CARDO AB"]
["Group financial summary"]
[null,"Whole year",{"$nulls":5},"  January-September"]
["Amounts in SEK million unless otherwise stated",1996,1997,1998,1999,1999,null,2000]
["Invoiced sales",6371,7983,8994,9489,6748,null,6851]
["Operating earnings",651,567,527,783,441,null,529]
["Earnings after financial items",650,504,654,695,372,null,443]
["Earnings after financial items and minority share",643,511,676,674,367,null,438]
["Operating margin, %","10.2","7.1","5.9",8.2,6.5,null,7.7]
["Profit margin, %","10.2","6.3","7.3",7.3,5.5,null,6.5]
["Interest cover, times","9.9","5.9","6.2",7.7,5.2,null,5.5]
["Investments, gross",192,201,235,266,149,null,214]
["Cash flow from operations after tax",449,250,435,900,504,null,398]
["Degree of self-financing, %",234,124,185,338,338,null,186]
["Fixed assets",1314,2304,2583,2576,2339,null,2805]
["Current assets",3112,3898,5200,4122,4291,null,4386]
["Total assets",4426,6202,7783,6698,6630,null,7191]
["Equity",1866,2057,2373,2635,2403,null,2785]
["Minority interest",8,166,135,8,97,null,9]
["Interest bearing provisions and liabilities",748,1770,2492,1657,1706,null,1842]
["Non-interest bearing provisions and liabilities",1804,2209,2783,2398,2424,null,2555]
["Average capital employed",2391,3366,4124,4376,4397,null,4388]
["Net interest bearing debt",444,1498,1975,1332,1328,null,1598]
["Turnover of capital employed, times","2.66","2.37","2.18",2.17,2.17,"1)",2.19,"1)"]
["Return on capital employed, %","30.0","18.0","18.9",18.3,20.4,"1)",20.1,"1)"]
["Return on equity, %","27.4","18.0","20.6",21.6,21.9,"1)",21.9,"1)"]
["Equity ratio, %","42.4","35.8","32.2",39.5,37.7,null,38.9]
["Debt/equity ratio, times","0.4","0.8","1.0",0.6,0.7,null,0.7]
["Net debt/equity ratio, times","0.2","0.7","0.8",0.5,0.5,null,0.6]
["Average number of employees",6179,7377,7855,7743,7381,"2)",7778,"2)"]
["Per share data"]
["Earnings (after full tax), SEK ","15.13","11.58","14.62",17.36,8.72,null,10.47]
["Dividend for the financial year, SEK","4.75","4.75","5.00",6," -",null," -"]
["Equity, SEK","62.21","68.58","79.09",87.83,80.1,null,92.85]
["Cash flow from operations after tax, SEK","14.97","8.33","14.50",30,16.8,"3)",13.27,"3)"]
["Number of shares, thousand",30000,30000,30000,30000,30000,null,30000]
["1) Based on 12-month moving totals."]
["2) Number of employees at the end of the period."]
["3) Adjusted for effects of exchange rate movements on change in working capital, cash flow from operations"]
["   after tax amounts to SEK 14.60 ( 14.74)."]

{"sheet":"Consolidated IS & BS, Euro","index":4,"n_rows":39,"n_cols":5,"rows_kept":39,"cut":false,"hidden":false,"merged":[],"flags":["formulas_cached_only"]}
["CARDO AB"]
["Consolidated income statement in brief translated into euros"]
[null,null,null,"    January-September","Whole year"]
["EUR million",2000,null,1999,1999]
["Invoiced sales",815.7,null,760,1076.4]
["Cost of goods sold",-552.6,null,-526,-732.4]
["Gross earnings",263.1,null,234,344.0000000000001]
["Selling and administrative expenses",-201.1,null,-178,-246.8]
["Other operating income and expenses - net",1,"1)",-6.4,-8.3]
["Operating earnings 2)",63.00000000000003,null,49.6,88.9000000000001]
["Financial items",-10.2,null,-7.8,-10]
["Earnings after financial items 3)",52.800000000000026,null,41.800000000000004,78.9000000000001]
["Tax",-15,"4)",-13.4,-20.1]
["Minority share",-0.4,null,1,0.3]
["Net earnings for the year",37.40000000000003,null,29.400000000000006,59.1000000000001]
["1) Including pension refund of EUR 8.2 million."]
["2) Operating earnings have been charged with depreciation amounting to",31,null,26,36]
["   Whereof goodwill",9.2,null,6.4,8.5]
["3) Earnings after financial items and minority share amount to",52.2,null,41.3,76.5]
["4) The tax rate for the year 2000 is expected to amount to 28% owing to"]
["   increased utilization of tax equalisation rights."]
["Translation rates for SEK to EUR (average rates)",8.3987,null,8.8788,8.8159]
["Consolidated balance sheet in brief translated into euros"]
["EUR million","30-09-2000",null,"30-09-1999","31-12-1999"]
["Assets"]
["Intangible fixed assets",159.4,null,120.9,151]
["Tangible fixed assets",158.1,null,142.2,141.9]
["Financial fixed assets",11.3,null,6,8.4]
["Inventories",174.7,null,160,142.9]
["Current receivables",312.8,null,290.3,301.3]
["Short-term investments, cash and bank balances",26.7,null,43.5,38]
["Total assets",843,null,762.9000000000001,783.5]
["Equity and liabilities"]
["Equity",326.5,null,276.5,308.2]
["Minority interest",1.1,null,11.2,0.9]
["Interest bearing provisions and liabilities",215.9,null,196.3,193.8]
["Non-interest bearing provisions and liabilities",299.5,null,278.9,280.6]
["Total equity and liabilities",843,null,762.9,783.5]
["Translation rates for SEK to EUR (closing day rates)",8.5299,null,8.69,8.5485]