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| |   | Key Facts | | | | | Key Figures | | | | | Reporting Structure | | | |   | Financial Reports | | | | | Annual | | | | | Quarterly | | | | | Presentations | | | |   | Press Releases | | | | | English Version | | | | | Swedish Version | | | |   | Share Information | | | | | Stock Quotes | | | | | Shareholder Structure | | | | | Share Buybacks | | | | | Dividend Information | | | | | Analyst Coverage | | | | | Credit Ratings | | | | | Consensus Estimates | | | | | Calendar | | | | | Subscription Services | | | | | Order printed material | | | |   | Governance | | | | | Board of Directors | | | | | Committees | | | | | Senior Management | | | | | Compensation | | | | | Shareholders Meeting | | | | | Proxy Statements | | | | | Articles of Association | | | | | Code of Conduct | | | | | Reporting Structure | | | | | Filings | | | | | IR Contacts | |
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| Creating Shareholder Value |
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| 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) | 20091) | 20081) | 20071,2) | 20061,3) | 20054) | | Sales and income | | | | | | | Net sales | $5,121 | $6,473 | $6,769 | $6,188 | $6,205 | | Operating income | 69 | 306 | 502 | 520 | 513 | | Income before income taxes | 6 | 249 | 446 | 481 | 482 | | Net income | 10 | 165 | 288 | 402 | 293 | | | | | | | | | | | | | | | | Financial position | | | | | | | Current assets excluding cash | 1,707 | 1,598 | 1,941 | 1,930 | 1,867 | | Property, plant and equipment | 1,042 | 1,158 | 1,260 | 1,160 | 1,081 | | Intangible assets (primarily goodwill) | 1,729 | 1,745 | 1,760 | 1,676 | 1,679 | | Non-interest bearing liabilities | 1,610 | 1,361 | 1,552 | 1,441 | 1,418 | | Capital employed | 3,098 | 3,369 | 3,583 | 3,498 | 3,259 | | Net debt | 662 | 1,195 | 1,182 | 1,010 | 877 | | Shareholders' equity | 2,436 | 2,174 | 2,401 | 2,488 | 2,382 | | Total assets | 5,186 | 5,206 | 5,305 | 5,111 | 5,065 | | Long-term debt | 821 | 1,401 | 1,040 | 888 | 757 | | | | | | | | | Share data | | | | | | | Earnings per share (US$) - basic | 0.12 | 2.29 | 3.70 | 4.90 | 3.28 | | Earnings per share (US$) - assuming dilution | 0.12 | 2.28 | 3.68 | 4.88 | 3.26 | | Equity per share (US$) | 28.06 | 30.11 | 31.83 | 30.00 | 27.67 | | Cash dividends paid per share (US$) | 0.21 | 1.60 | 1.54 | 1.36 | 1.17 | | Cash dividends declared per share (US$) | - | 1.42 | 1.56 | 1.41 | 1.24 | | Share repurchases | - | 174 | 380 | 221 | 378 | | Number of shares outstanding (million) | 85.1 | 70.3 | 73.8 | 80.1 | 83.7 | | | | | | | | | Ratios | | | | | | | Gross margin (%) | 16.6 | 17.4 | 19.7 | 20.4 | 20.4 | | Operating margin (%) | 1.3 | 4.7 | 7.4 | 8.4 | 8.3 | | Pretax margin (%) | 0.1 | 3.8 | 6.6 | 7.8 | 7.8 | | Return on capital employed (%) | 2 | 9 | 14 | 16 | 16 | | Return on shareholders' equity (%) | 1 | 7 | 12 | 17 | 12 | | Equity ratio (%) | 47 | 42 | 45 | 49 | 47 | | Net debt to capitalization (%) | 21 | 36 | 33 | 29 | 27 | | Days receivables outstanding | 75 | 49 | 64 | 70 | 71 | | Days inventory outstanding | 40 | 39 | 33 | 34 | 32 | | | | | | | | | Other data | | | | | | | Airbag sales6) | 3,299 | 4,130 | 4,377 | 4,085 | 4,116 | | Seatbelt sales7) | 1,822 | 2,343 | 2,392 | 2,103 | 2,089 | | Net cash provided by operating activities | 493 | 614 | 781 | 560 | 479 | | Capital expenditures | 140 | 293 | 324 | 328 | 315 | | Net cash used in investing activities | (157) | (321) | (345) | (285) | (303) | | Net cash provided by (used in) financing activities | (376) | 98 | (461) | (441) | (86) | | Number of employees, december 31 | 30,200 | 34,000 | 35,300 | 35,700 | 34,100 | |
| | 1) In 2009, 2008, 2007 and 2006 severance and restructuring costs reduced operating income by $133, $80, $24 and $13 million and net income by $96, $55, $16 and $9 million. This corresponds to
2.6%, 1.3%, 0.4% and 0.2% on operating margins and 1.9%, 0.8%, 0.2% and 0.1% on net margins. The impact on earnings per share (EPS) was $1.14, $0.76, $0.21 and $0.11, while return on total
equity was reduced by 4.1%, 2.2%, 1.4% and 0.4%, respectively. 2) In 2007, a court ruling reduced operating income $30 million, net income $20 million, operating margin by 0.5%, net margin by 0.3%,
EPS by $0.26 and return on equity by 0.8%. 3) In 2006, a release of tax reserves and other discrete tax items boosted net income by $95 million, net margin by 1.5%, EPS by $1.15 and return on equity
by 3.9%. 4) In 2005, the Jobs Creation act reduced net income by $13 million, net margin by 0.2%, EPS by $0.15 and return on equity by 0.5%. 5) Adjusted in accordance with FASB ASC 810-10-45,
adopted on January 1, 2009. 6) At year end, net of treasury shares. 7) Incl. electronics, steering wheels, inflators and initiators. 8) Incl. seat components. |
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