Sandvik: Interim report second quarter 2009.
STOCKHOLM, Sweden -- Regulatory News:
* Order intake SEK SEK
In currencies, this is the abbreviation for the Swedish Krona.
The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 16,503 M * Invoiced sales SEK 18,011 M * Non-recurring costs of SEK 1,400 M * Operating profit Operating profit (or loss)
Revenue from a firm's regular activities less costs and expenses and before income deductions.
See operating income. SEK -1,985 M * Profit after financial items SEK -2,443 M * Earnings per share SEK -1.70 * Cash flow SEK +2,890 M
Accounting policies This interim report was prepared in accordance Accordance is Bible Study Software for Macintosh developed by OakTree Software, Inc.
As well as a standalone program, it is the base software packaged by Zondervan in their Bible Study suites for Macintosh. with IFRS IFRS International Financial Reporting Standard(s)
IFRS Inter Frame Relay Service
IFRS Indiana Facilities Registry System , applying IAS See iPlanet Application Server.
1. (computer) IAS - The first modern computer. It had main registers, processing circuits, information paths within the central processing unit, and used Von Neumann's fetch-execute cycle. 34, Interim Financial Reporting. The same accounting and valuation policies were applied as in the most recent annual report, with the exception of certain new standards and interpretations, which are applied from 1 January 2009.
Revised IAS 1 Presentation of financial statements entails that items recognized directly in equity that do not affect transactions with owners must now be recognized in the income statement under the heading Other comprehensive income. Sandvik has chosen to present other comprehensive income as a component in the income statement and not as a separate statement. The statement of changes in equity presents the total comprehensive income for the period and transactions with owners. The corresponding reclassifications have been made in the comparative figures.
In addition to the amendments in IAS 1, new standards and interpretations have not entailed any significant effects on Sandvik's financial reports. IFRS 8 Operating segments has not entailed any change to Sandvik's definition of the Group's segments.
The company's auditors have not conducted a special review of the Q2 2009 report. The Sandvik Group's interim report for the third quarter of 2008 will be published on 30 October 2009.
A combined presentation and teleconference will be held on 17 July 2009 at 13.30 CET CET
Central European Time
CET Central European Time
CET n abbr (= Central European Time) → hora de Europa central
CET abbr at Operaterassen in Stockholm. Information available at www.sandvik.com/ir.
Sandviken den 17 July 2009
Sandvik Aktiebolag (publ)
Lars Pettersson President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.
Sandvik discloses the information provided herein pursuant to the Securities Market Act and/or the Financial Instruments Trading Act. The information is submitted for publication on 17 July at 08:00 CET.
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