Key Figures
Autoliv, Inc.’s consolidated financial statements are prepared in accordance with U.S. GAAP (i.e. U.S. Generally Accepted Accounting Principles).
Selected Financial Data               (Dollars in millions, except per share data) 2007 2006 2005 2004 2003 Sales and income           Net sales $6,769 $6,188 $6,205 $6,144 $5,301 Operating income 5021) 520 513 513 427 Income before income taxes 4461) 481 482 485 397 Net income 2881) 4022) 2933) 326 268                         Financial position           Current assets excluding cash 1,941 1,930 1,867 1,962 1,822 Property, plant and equipment 1,260 1,160 1,081 1,160 1,052 Intangible assets (primarily goodwill) 1,760 1,676 1,679 1,709 1,710 Non-interest bearing liabilities 1,552 1,441 1,418 1,678 1,493 Capital employed 3,531 3,413 3,193 3,236 3,187 Net debt 1,182 1,010 877 599 785 Shareholders' equity 2,349 2,403 2,316 2,636 2,402 Total assets 5,305 5,111 5,065 5,354 4,931 Long-term debt 1,040 888 757 667 846             Share data           Earnings per share (US$) - basic 3.70 4.90 3.28 3.49 2.83 Earnings per share (US$) - assuming dilution 3.681) 4.882) 3.263) 3.46 2.81 Equity per share (US$) 31.83 30.00 27.67 28.66 25.31 Cash dividends paid per share (US$) 1.54 1.36 1.17 0.75 0.54 Share repurchases 380 221 378 144 43 Number of shares outstanding (million)4) 73.8 80.1 83.7 92.0 94.9             Ratios           Gross margin (%) 19.7 20.4 20.4 19.9 18.9 Operating margin (%) 7.41) 8.4 8.3 8.4 8.1 Pretax margin (%) 6.61) 7.8 7.8 7.9 7.5 Return on capital employed (%) 15 16 16 16 14 Return on shareholders' equity (%) 121) 172) 123) 13 12 Equity ratio (%) 44 47 46 49 49 Net debt to capitalization (%) 33 29 27 18 24 Days receivables outstanding 64 70 71 73 77 Days inventory outstanding 33 34 32 31 31             Other data           Airbag sales5) 4,377 4,085 4,116 4,028 3,608 Seatbelt sales6) 2,392 2,103 2,089 2,116 1,693 Net cash provided by operating activities 781 560 479 680 529 Capital expenditures 324 328 315 324 258 Net cash used in investing activities (431) (288) (303) (303) (275) Net cash provided by (used in) financing activities (375) (438) (86) (261) (273) Number of employees, december 31 35,300 35,700 34,100 34,500 32,100
	1) Excluding impact of court ruling regarding a dispute with a former supplier operating income would have been $532 million, income before taxes $476 million, net income $308 million, operating margin 7.9%, pre-tax margin 7.0%, earnings per share $3.94 and return on equity 12.8%. 2) Excluding release of tax reserves and other discrete tax items, net income would have been $307 million, earnings per share $3.73 and return on equity 13.2%. 3) Excluding the effect of the Jobs Creation Act, net income would have been $306 million, earnings per share $3.41 and return on equity 12.2%. 4) At year end, net of treasury shares. 5) Incl. electronics, sterring wheels, inflators and initiators. 6) Incl. seat components.