Five Year Summary

SEK million 2008 2007 2006 2005 2004
Net sales 13,166 11,351 10,136 8,012 6,805
Gross income 5,364 4,464 4,229 3,215 2,355
Operating income excluding non-recurring items 2,598 2,027 1,777 1,213 762
Income from corporate development 1,150 18 - - 381
Closure and non-recurring costs -76 - - - -86
Operating income / loss 3,671 2,027 1,777 1,213 1,057
Income from sales of securities - - - 384 -
Net income 2,927 1,428 1,499 1,185 746
           
Balance sheet          
Non-current assets 12,881 5,756 4,891 5,481 3,126
Current assets 6,351 5,203 4,314 4,315 3,273
Total assets 19,232 10,958 9,205 9,796 6,398
           
Shareholders' equity incl minority interests 8,980 5,875 5,105 5,306 2,785
Long-term liabilities 5,263 429 304 249 1,172
Short-term liabilities 4,989 4,654 3,796 4,241 2,441
Total shareholders' equity and liabilities 19,232 10,958 9,205 9,796 6,398
           
Personnel          
Average number of employees 2,644 2,341 2,008 1,614 1,554
           
Key figures          
Operating margin % 28 18 18 15 16
Operating margin adjusted for non-recurring items % 20 18 18 15 11
Net margin % 22 13 15 15 11
Return on total assets % 19 14 16 21 19
Return on equity % 26 26 28 18 30
Return on capital employed % 31 34 29 21 21
Equity / assets ratio % 47 54 56 55 44
Net debt to equity ratio % 41 - - - 16
Interest coverage ratio 59 30 30 13 13
Net sales per employee, SEK thousand 4,979 4,849 5,043 4,964 4,379
Operating income per employee, SEK thousand 1,389 866 884 752 680
           
Capital expenditures          
Investments in non-current intangible and tangible assets 156 327 343 80 107
Investments in shares 6,466 219 645 930 496
           
           
           
SEK million 2008 2007 2006 2005 2004
Per share data          
Shares outstanding at year-end 66,370,375 66,352,540 67,042,524 66,375,156 66,375,156
Weighted average number of shares after dilution *) 65,955,478 67,157,781 66,994,844 66,375,156 66,407,538
Weighted average number of shares before dilution 65,908,373 66,945,776 66,591,869 66,375,156 66,375,156
Market price of class 'B' share on the last trading day of the year (SEK) 168.50 455.00 450.00 331.50 181.00
Diluted earnings per share (SEK) *) 43.25 20.11 20.55 17.78 11.23
Basic earnings per share (SEK) 42.93 20.35 21.57 17.78 11.23
Diluted shareholders' equity per share (SEK) 136.15 87.48 76.20 79.94 41.92
Basic shareholders' equity per share (SEK 136.25 87.76 76.66 79.94 41.94
Proposed ordinary dividend/Ordinary cash dividend (SEK) 5.00 5.00 - - -
Proposed extraordinary dividend/Extraordinary cash dividend (SEK) - 10.00 7.50 - -
Total proposed dividend/Total cash dividend (SEK) 5.00 15.00 7.50 - -
           
*) The Group has implemented four share option programmes that may be exercised into 1,049,807 new class B shares.          

Modern Times Group MTG AB Box 2094 SE-103 13 Stockholm Sweden Visiting: Skeppsbron 18 Tel: +46 8 562 000 50

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