Interim Report, January-June 2007

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Strong profit and stable production

Q2 2007
· Revenues rose to SEK 9,292 million (SEK 8,850 m).
· The operating profit fell to SEK 2,220 million (SEK 2,451 m).
· The profit for the period fell to SEK 1,602 million (SEK 1,738 m).
· Earnings per share totalled SEK 5.56 (SEK 6.01).
· Cash flow from operating activities fell to SEK 1,139 million (SEK 2,383 m).
· The cost of dividends paid and the redemption and buy-back of shares totalled SEK 5.2 billion.

First six months, 2007
· Revenues rose to SEK 17,748 million (SEK 16,186 m).
· The operating profit fell to SEK 3,506 million (SEK 4,202 m).
· The profit for the period fell to SEK 2,523 million (SEK 2,977 m).
· Earnings per share totalled SEK 8.74 (SEK 10.29).
· Cash flow from operating activities fell to SEK 2,629 million (SEK 3,382 m).