Göteborg, 27 February 2014 Gripen Oil & Gas AB (publ) Södra Allégatan 13 413 01 Göteborg - - PRESSMEDELANDE- - GRIPEN OIL & GAS AB (publ) BOKSLUTSKOMMUNIKÈ Gripen Oil & Gas AB (publ) (GOG), focussed on exploring for and producing oil and gas in Sweden, announces the operational and financial results for 2013. Your company has made significant progress with the drill bit and securing funding for future activities. FINANCIAL Floatation of Gotland Oil AB (publ) raised approximately SEK7,4 million before costs. Reverse takeover of Gripen Gas AB Nil revenue, loss before taxation of SEK3,634 million and a basic loss per share of SEK0,06. Approximately SEK14,230 million in cash at the end of the year. SEK15.3million, before costs, raised in December 2013. OPERATIONAL All operations conducted without injury and minimises damage to the environment. Updated Competent Persons Report for November 2013 confirms value in Östergötland and Gotland. Potential Contingent Resources of 8.5million barrels of oil equivalent. 3 successful gas appraisal wells drilled in Östergötland. 1 oil well drilled on Gotland that recovered oil saturated core. Advances with technical studies on the Alunskiffer core. First geophysical results in Östergötland help to image reservoir. Stephen Crabtree, Managing Director of Gripen Oil & Gas AB (publ), said: 2013 was a significant year for your company in terms of major milestones achieved in securing the financial strength of the company and through the drill bit. The floatation of Gotland Oil AB and the capital-raising event at the end of 2013 has put us in a good position to build the assets of the company. By carrying out further testing in Östergötland we may be able to move Contingent Resources into Proved Reserves. The first well drilled on Gotland for over 20 years gives us great encouragement particularly in unlocking oil reserves on the island.
Managing Director Report 2013 was a very busy year for your company. Gripen Oil & Gas AB (publ) is the result of the company s reverse takeover of Gripen Gas AB. Your company is a unique Swedish company focussed on exploration and production of oil and gas in Sweden. We successfully drilled 3 gas appraisal wells in Östergötland and 1 exploration well on Gotland. Underpinning the value of your company are the gas volumes we have discovered in Östergötland and the oil deposits known to exits on Gotland. In 2013 we consolidated our understanding of these assets through drilling and laboratory studies. In November 2013 Oil Production Consultants Ltd (OPC) provided an update to the Competent Persons report that included the recent drilling in Östergötland and Gotland. This analysis provided a snapshot of the potential resources of the company and assigned Gripen Oil & Gas AB (publ) potential Contingent Resources of 51bcf of natural gas for the onshore portion of Östergötland and recognised that small volumes of oil on Gotland are valuable. These volumes are equivalent to approximately 8.5 million barrels of oil. In December 2013 we raised SEK15.3 million, before costs, through a share issue. These funds will be used to maximise the value of the company by removing the uncertainty normally associated with Contingent Resources. The assets in Sweden provide the foundation of your company, however, we recognise the limits to Sweden s oil and gas potential. The Board recognise that need for continued growth, which will need to come from outside Sweden. Our unique experience with shale gas and Paleozoic reservoirs has put your company in a strong position to exploit opportunities in the Baltic region and in other parts of Europe. In addition the application of first class Swedish drilling technology and personnel means we can control drilling costs for shallow to medium depth reservoirs. These two factors give us an advantage over our competitors in acquiring new business opportunities. The Board have met their objective of conducting all activities in a safe manner. We have had no accidents during the operational period. Similarly, our objective of carrying out all operations in a way that minimises damage to the environment and in compliance to the standards set by the authorities has been achieved. Exploring for gas in Östergötland has an environmental benefit to Sweden. At the moment biogenic methane is leaking from the alunskiffer through water wells and in places where the shale is near the surface. By capturing the methane through production we can reduce this toxic greenhouse gas emission. 2
2013 Activity Competent Persons Report In February 2013 Oilfield Production Consultants Ltd (OPC) prepared a Competent Persons Report (CPR) for Gripen Gas AB. This report was updated in November 2013 as part of the share issue and included a review of the oil exploration permits on Gotland. The CPR assesses the technical and commercial assets of the company in accordance with international standards set by the World Petroleum Council and the Society of Petroleum Engineers 1. The technical assessment of assets identifies whether the volumes of hydrocarbons associated with the permits are resources or reserves. We have been assigned Contingent Resources for the gas exploration permits following the discovery of gas in 2012 and 2013. The resources are contingent because uncertainty exists with the extent and nature of the resource and the future commercial exploitation. Further drilling activity and laboratory studies will reduce or eliminate these uncertainties. The CPR refers to three classes of resources (1C, 2C and 3C). These classes are used to describe a range of outcomes using a statistical approach, with 1C being low and 3C being high. Shale gas has a unique property when calculating resources. Unlike other conventional gas and oil traps, the gas is trapped within the shale matrix. This means the amount of resource is directly related to the volume of shale and not a single structural feature. When calculating volumes of gas trapped in shale it is common to calculate gas volumes in relation to volume. We can use area as a proxy for volume because the thickness of shale is roughly the same over our permits. In the examples quoted by the Competent Person the volumes have been calculated for a development of about 10km 2. This development example can be used to calculate the indicative gas volumes per square kilometre for the entire Alunskiffer under our permits. The CPR has a range of resources for a 10km 2 development as shown below: For 10km 2 Development Area 1C 2C 3C Recoverable Resources (BSCF 2 ) Raw gas 0,99 1,76 3,73 Recoverable Resources (BSCF) 100% Methane 0,59 1,70 3,66 For the area of 290km 2 (area of Östergötland onshore permits) Recoverable Resources (BSCF) Raw gas 28,7 51,0 108,2 Recoverable Resources (BSCF) 100% Methane 17,1 49,3 106,1 1 The reporting of oil and gas assets is governed by ESMA Update of the CESR Recommendations, EU Directive No 809/2001, Appendix I Acceptable Internationally Recognized Mineral Standards: Oil and Gas Reporting and Appendix II Oil and Gas Competent Persons Report recommended content 2 BSCF means Billions of Standard Cubic Feet. 1BSCF is about 28million cubic metres 3
Recoverable resources means the gas that can be economically recovered from the reservoir. The CPR also estimates the value of these resources making proper assumptions about the costs of extraction and the market for the gas. The Competent Person has calculated the mid case 2C discounted value 3 of the gas if it was used for CNG to be US$8.4million (SEK54.6million) for a 10km 2 development with an upside 3C value of US$31.4 (SEK200million). However, if lower prices were used to calculate value a larger area of 30km 2 would be required to achieve a 2C value of US$16.5million (SEK107million). The CPR also looked at the value of oil discovered on Gotland and concluded that small volumes of oil are profitable. Gas Exploration Activity Our gas exploration effort in 2013 has been focussed in Östergötland with continued appraisal drilling to acquire data of the reservoir in the Ekebyborna area. In addition, the results of a trial seismic line and vertical seismic profile were concluded. Laboratory studies are being carried out on the core properties and geochemistry. Phase III Drilling June 2013 The objective of this drilling operation was to collect core for laboratory work and identify 2 other wells locations for extended well test over an area of about 10km 2. Three wells, KN-1, UD-1 and FA-2 were drilled through the Alunskiffer reservoir. Core was recovered from each well. An additional well, FA-1, was drilled to the top of the reservoir and suspended for later coring. GH-3 (drilled in October 2012) was reentered was core to the base of the Alunskiffer. Previously only the top section of the reservoir was cored. All the wells, KN-1, UD-1 and FA-2, drilled in this phase flowed gas to surface. The core collected at KN-1 and FA-2 were subjected to continuous pressure build up measurements as soon as the core was taken from the rig. This data will allow us to calculate the storage capacity of the shale and simulate the volumes of gas present. The core from KN-1 was also found to contain small amounts of biodegraded oil seeping from the shale sections of the core. This is completely unexpected and probably contributes to the biogenic source of gas. Studies Your company has been pursuing two lines of study of the Alunskiffer in Universities in Germany and the UK. 3 All values are Net Present Values discounted at 10%. 4
Potsdam University is studying the geochemistry of the organic rich Alunskiffer and the gas generation potential. The initial results show that the gas is being generated through the bacterial degradation of oil and organic material within the shale. Leeds University, in the UK, is studying the reservoir properties of the Alunskiffer by measuring the porosity and permeability of the shale and thin sandstones that exist in shale. This work, in addition to the data collected at the well site will be integrated into a reservoir model in 2014. Geophysical Studies The processing of seismic data acquired in 2012 was completed this year at the University of Uppsala. These data are the first ever shot in Östergötland and prove the technique can be used. Seismic data can be used to identify zones of natural fractures that allow gas to flow from the shale. Oil Exploration Activity In August 2013 Gripen Oil & Gas AB (publ) drilled the first oil exploration well in 20 years on Gotland. Our objective with this first well, BÅ-6, was to test our well design, collect reservoir core and recover oil from the reservoir. BÅ- 6 Drilling The well was located on the central eastern side of the island with the reservoir target at 290m below surface. The entire section was cored from surface and approximately 20m of oil saturated core was recovered. Samples were sealed at the wellsite for laboratory analysis of oil saturation, porosity and permeability. The reservoir comprised a typical Ordovician Klasen Limestone build-up or mound made up of shell fragments. The reservoir section also contained several oil-saturated fractures. The well was swabbed and samples of oil were recovered but no significant flow to surface occurred. The well has been suspended so that it can be re-entered for further testing at a later date. Geophysics At the end of 2013 in cooperation with SGU we are building a seismic database so we can quantify the resource potential of our exploration permits. 5
Exploration Permits The company holds a total of 27 exploration permits (17 for gas and 10 for oil) covering a total of 1 888km 2 (448 793acres). These permits are owned 100% by Gripen Oil & Gas AB (publ) through its subsidiaries. Gas Exploration Permits NAME LICENCE AWARD 1st EXPIRY 2nd EXPIRY AREA (ha) AREA AREA ID DATE DATE DATE (km 2 ) (Acres) Ekeby 2010:139 23/09/2010 23/09/2013 23/09/2016 18874,6 188,75 46638,67 Eneby 2010:140 23/09/2010 23/09/2013 23/09/2016 1375,27 13,75 3397,7 Hov 2010:141 23/09/2010 23/09/2013 23/09/2016 578,47 5,78 1429,43 Orlunda 2010:142 23/09/2010 23/09/2013 23/09/2016 990,8 9,91 2446,34 Skedet 2010:143 23/09/2010 23/09/2013 23/09/2016 615,25 6,15 1519,69 Näset 2011:98 28/06/2011 28/06/2014 28/06/2017 303,18 3,03 748,73 Rödjan 2011:99 28/06/2011 28/06/2014 28/06/2017 824,73 8,25 2036,15 Sandön 2012:136 24/09/2012 24/09/2015 24/09/2018 16163,9594 161,64 39939,64 Karlsfrid 2013:05 07/01/2013 07/01/2018 07/01/2021 673,2755 6,73 1663,02 Vinberga 2013:04 07/01/2013 07/01/2018 07/01/2021 1908,1335 19,08 4714,77 Yxstad 2013:02 07/01/2013 07/01/2018 07/01/2021 960,0873 9,6 2372,43 Åbylund 2013:03 07/01/2013 07/01/2018 07/01/2021 1896,0561 18,96 4685,26 Greby 2011:120 08/07/2011 08/07/2014 08/07/2017 7105,4375 71,05 1 556,84 Lundeby 2011:121 08/07/2011 08/07/2014 08/07/2017 1707,5 17,08 4218,09 Melby 2011:122 08/07/2011 08/07/2014 08/07/2017 1972 19,72 4872,92 Nyby 2011:123 08/07/2011 08/07/2014 08/07/2017 1537,5 15,38 3798,01 Össby 2011:124 08/07/2011 08/07/2014 08/07/2017 6267,125 62,67 15486,09 TOTALS 63753 637,5 139967 6
Oil Exploration Permits NAME LICENCE ID AWARD DATE 1st EXPIRY DATE 2nd EXPIRY DATE AREA (ha) AREA (km 2 ) AREA (Acres) Gotlands syd 2011:88 10/06/2011 10/06/2014 10/06/2017 7055,40 70,55 17426,8 Bonsarve Nr 1 2012:88 12/07/2012 12/07/2015 12/07/2017 865,83 8,66 2138,6 Gotland sydöst 2011:89 10/06/2011 10/06/2014 10/06/2017 8734,79 87,35 21574,9 Silte Nr 1 2012:86 12/07/2012 12/07/2015 12/07/2017 1500,00 15,00 3705,0 Gotland öst 2011:90 10/06/2011 10/06/2014 10/06/2017 28582,36 285,82 70598,4 Bäl Nr 1 2012:87 12/07/2012 12/07/2015 12/07/2017 6127,46 61,27 15134,8 Hejnum Nr 1 2011:91 10/06/2011 10/06/2014 10/06/2017 1250,00 12,50 3087,5 Grunnet Nr 1 2012:89 12/07/2012 12/07/2015 12/07/2018 42,00 0,42 103,7 Buttle 2013:109 11/11/2013 11/11/2016 11/11/2019 61486,93 614,87 151872,7 Vallstena 2013:108 11/11/2013 11/11/2016 11/11/2019 9386,04 93,86 23183,5 TOTALS 125030,8 1250,3 308826 Four new gas exploration permits (Karlsfrid, Vinberga, Yxstad and Åbylund) were granted on 7 January 2013 in Östergötland. Two new oil exploration permits (Buttle and Vallstena) were granted on 11 November on Gotland. Five gas exploration permits in Östergötland (Ekeby, Eneby, Hov, Orlunda and Skedet) were granted an extension for a further 3 years 23 September 2013. 7
Share Structure Only one class of ordinary shares exist. Flotation of Gotland Oil AB (publ) During spring 2013 Gotland Oil AB (publ), now named Gripen Oil & Gas AB (publ) issued 12 317 128 shares at strike price 60 öre in an IPO. The shares issue brought approximately SEK 7,4 million before costs to the company upon which Gotland Oil AB (publ) was listed on AktieTorget in April 2013. Reverse Takeover of Gripen Gas AB When Gotland Oil AB (publ) in June 2013, through a reverse take over, acquired all shares in Gripen Gas AB a further 61 403 509 shares were issued. The total shares after the takeover was 91 522 837. At the same time Gotland Oil AB (publ) changed its name to Gripen Oil & Gas AB (publ). Share Issue The number of shares in the company was further increased by a share issue during November 2013. After this share issue, the total number of shares in the company amounted to 106 776 643. These newly issued shares were registered in 2014 and are not reflected in the 2013 major shareholder listing below. For each new share issued in November 2013 comes 1 warrant (Teckningsoption) enabling the holder thereof to subscribe for new shares at a subscription price at 2kr per share. This subscription is exercisable in a window from 1 May to 2 June 2014. Further details are available on our website. Summary Table of Share Capital changes from 2005-2014 År Transaktion Ändring av antal aktier Totalt antal aktier Ändring av aktiekapital (SEK) Totalt aktiekapital (SEK) Kvotvärde (SEK) 2005 Bildande 5 000 000 5 000 000 500 000,0 500 000,0 0,1 2012 Apportemission 12 802 220 17 802 200 1 280 220,0 1 780 220,0 0,1 2013 Nyemission 12 317 128 30 119 328 1 231 712,8 3 011 932,8 0,1 2013 Apportemission 61 403 509 91 522 837 6 140 350,9 9 152 283,7 0,1 2014 Nyemission 4 15 253 806 106 776 643 1 525 380,6 10 677 664,3 0,1 2014 Nyemission 4 305 076 107 081 719 30 507,6 10 708 171,9 0,1 4 Registered 2014 8
Ownership At the end of 2013 Gripen Oil & Gas AB (publ) had approximately 4 070 shareholders. Trading in the shares started on 17 April 2013 at SEK0,58 and closed at year end on SEK0,98, representing a share price increase of 69%. The company s major shareholders are: Stephen Crabtree with 18 421 053 shares (20,13%); Peter Schweizer 15 350 877 shares (16,77%); Stephen Thorn with 15 350 877 shares (16,77%); and Torgny Berglund 12 280 702 shares (13,42%). Percentages are before the registration of the new share issue which took place in November 2013 and was registered in 2014. List of top 10 shareholders Ägare per 2013-12- 30 Antal aktier Innehav % Röster % Stephen Crabtree 18 421 053 20,13 20,13 Peter Schweizer 15 350 877 16,77 16,77 Stephen Thorn 15 350 877 16,77 16,77 Torgny Berglund 12 280 702 13,42 13,42 Archelon AB 5 065 368 5,53 5,53 Tore Hallberg, privat och via bolag 2 820 148 3,09 3,09 Ulrich & Co AB 2 719 152 2,97 2,97 Patrik Perenius 2 571 183 2,81 2,81 Conny Strindberg 1 338 074 1,46 1,46 Ml, Pierce, Fenner & Smith Inc 1 100 000 1,20 1,20 S:a 10 största ägare 77 077 434 84,15 84,15 S:a övriga ägare 14 445 403 15,85 15,85 Totalt 91 522 837 100,00 100,00 9
Financial Report Kommentarer till räkenskaperna Gripen Oil & Gas AB (publ) (f d Gotland Oil AB) förvärvade den 24 juni 2013 Gripen Gas AB. Affären redovisas som ett omvänt förvärv ur ett koncernredovisningsperspektiv, där Gripen Gas AB är den redovisningsmässiga förvärvaren och Gripen Oil & Gas AB (publ) den legala förvärvaren. I bokslutskommunikén har borrkostnader i Gripen Gas AB uppgående till 857 886 kr återförts och aktiverats i balansräkningen. Kostnaderna avser de hål som borrades inom bolagets koncessioner på Östgötaslätten under 2013. Hålen påvisade närvaro av gas och planeras användas i kommande långtidstester och även vid eventuell framtida produktion. Kostnaderna har tidigare förts över resultatet varför bokslutskommunikén avviker från delårsrapport Q3 2013. Jämförelsetal avseende isolerat fjärde kvartal för 2012 redovisas ej då koncernen ej publicerat delårsrapporter under 2012 och verksamheten anses ha förändrats betydligt sedan dess. Investeringar Bolaget har inte gjort några investeringar under perioden. Anställda Organisationen har inga heltidsanställda. Den verkställande direktören är kontrakterad. Alla tjänster utförs av externa konsulter och entreprenörer. Utdelning Styrelsen och verkställande direktören i Gripen Oil & Gas AB (publ) kommer att föreslå årsstämman att ingen vinstutdelning lämnas för räkenskapsåret 2013. Årsstämma och årsredovisning Årsstämman planeras äga rum torsdag den 4 april 2014 i Göteborg. Klockslag och plats meddelas senare. Årsredovisningen för 2013 kommer att publiceras på bolagets hemsida senast tre veckor före stämman. Den kommer även att hållas tillgänglig i tryckt format på bolagets kontor i Göteborg och skickas med post till de aktieägare som önskar få den hemsänd. 10
Redovisningsprinciper Bolaget har vid upprättandet av denna bokslutskommuniké tillämpat Årsredovisningslagen och Bokföringsnämndens allmänna råd. Kommande rapporttillfällen Delårsrapport för januari mars 2014 lämnas torsdagen den 22 maj 2014. Delårsrapport för januari juni 2014 lämnas torsdagen den 28 augusti 2014. Delårsrapport för januari september 2014 lämnas torsdagen den 20 november 2014. Bokslutskommuniké för 2014 lämnas torsdagen den 26 februari 2015. GRANSKNINGSRAPPORT Denna bokslutsrapport har inte varit föremål för revisorns granskning. Göteborg den 27 februari 2014 Gripen Oil & Gas AB (publ) Styrelsen 11
RESULTATRÄKNINGAR Koncernen Tkr 2013 2013 2012 jan-dec okt-dec jan-dec* Rörelsens intäkter Nettoomsättning - - - Övriga intäkter - - - Rörelsens kostnader Råvaror och förnödenheter -328 1 840-1 759 Övriga externa kostnader -3 112-1 282-444 Personalkostnader -147-70 - Avskrivningar -46-21 - Rörelseresultat -3 634 467-2 204 Resultat från andelar i intresseföretag - - - Resultat från övriga värdepapper och fordringar - - - Räntenetto 10 11 - Resultat före skatt -3 624 478-2 204 Skatt - - - PERIODENS RESULTAT -3 624 478-2 204 * Jämförelsesiffror för koncernen avseende 2012 härrör enbart till verksamheten i Gripen Gas AB, då förvärvet ur ett koncernredovisningsperspektiv redovisas som ett omvänt förvärv där Gripen Gas AB ses som förvärvare. 12
BALANSRÄKNINGAR Koncernen Tkr 2013-12-31 2012-12-31 TILLGÅNGAR Anläggningstillgångar Immateriella anläggningstillgångar Koncessioner, patent, licenser m m 12 816 - Materiella anläggningstillgångar Inventarier, verktyg och installationer 37 - Finansiella anläggningstillgångar Andelar i intresseföretag - - Övriga finansiella anläggningstillgångar 174 152 Omsättningstillgångar Övriga omsättningstillgångar 1 000 499 Kassa & Bank 14 230 1 139 SUMMA TILLGÅNGAR 28 258 1 790 EGET KAPITAL OCH SKULDER Eget kapital 25 536 1 635 Långfristiga skulder - - Kortfristiga skulder 2 722 155 SUMMA EGET KAPITAL OCH SKULDER 28 258 1 790 FÖRÄNDRING EGET KAPITAL Tkr 2013 2012 jan-dec jan-dec Eget kapital vid periodens ingång 1 635 3 913 Återbetalning av aktieägartillskott - -74 Nyemission 28 779 - Periodens resultat -3 624-2 204 Eget kapital vid periodens utgång 25 536 1 635 13
KASSAFLÖDESANALYSER Koncernen Tkr 2013 2012 jan-dec jan-dec Periodens rörelseresultat -3 634-2 241 Justering för poster som inte ingår i kassaflödet 46 - Netto erhållna/betalda räntor 10 37 Betald inkomstskatt - - Kassaflöden från den löpande verksamheten -3 578-2 204 Förändring av rörelsefordringar 194-415 Förändring av rörelseskulder 2 250 108 Kassaflöden från den löpande verksamheten -1 133-2 510 Kassaflöden från investeringsverksamheten -1 892-122 Kassaflöden från finansieringsverksamheten 16 117-74 Årets kassaflöde 13 091-2 706 Likvida medel vid periodens början 1 139 3 845 Likvida medel vid periodens slut 14 230 1 139 NYCKELTAL OCH AKTIEDATA Koncernen 2013-12-31 2012-12-31 Räntabilitet på totalt kapital (%) -24% -4,8% Räntabilitet på eget kapital (%) -27% -4,9% Soliditet (%) 90% 100% Resultat per aktie (kr) -0,06-0,12 Eget Kapital per aktie (kr) 0,26 0,03 Totalt antal aktier 107 081 719 61 403 509 Genomsnittligt antal aktier 57 741 751 17 802 200 14
RESULTATRÄKNINGAR Moderbolaget Tkr 2013 2013 2012 jan-dec okt-dec jan-dec Rörelsens intäkter Nettoomsättning - - - Övriga intäkter - - - Rörelsens kostnader Råvaror och förnödenheter -231 - - Övriga externa kostnader -2 326-1 268-40 Personalkostnader -147-70 - Avskrivningar - - - Rörelseresultat -2 704-1 337-40 Resultat från andelar i koncernföretag - - - Resultat från andelar i intresseföretag - - - Resultat från övriga värdepapper och fordringar - - - Räntenetto - 2-2 Resultat före skatt -2 704-1 335-42 Skatt - - - PERIODENS RESULTAT -2 704-1 335-42 15
BALANSRÄKNINGAR Moderbolaget Tkr 2013-12-31 2012-12-31 TILLGÅNGAR Anläggningstillgångar Immateriella anläggningstillgångar Koncessioner, patent, licenser mm - - Materiella anläggningstillgångar Inventarier, verktyg och installationer - - Finansiella anläggningstillgångar Andelar i koncernföretag 37 820 2 820 Andelar i intresseföretag - - Övriga finansiella anläggningstillgångar - - Omsättningstillgångar Övriga omsättningstillgångar 694 - Fordringar hos koncernföretag 3 025 - Kassa & Bank 13 094 83 SUMMA TILLGÅNGAR 54 633 2 904 EGET KAPITAL OCH SKULDER Eget kapital 51 958 2 852 Långfristiga skulder Kortfristiga skulder 2 650 52 Skulder till koncernföretag 25 - SUMMA EGET KAPITAL OCH SKULDER 54 633 2 904 FÖRÄNDRING EGET KAPITAL Tkr 2013 2012 jan-dec jan-dec Eget kapital vid periodens ingång 2 852 351 Nyemission 51 810 2 543 Periodens resultat -2 704-42 Eget kapital vid periodens utgång 51 958 2 852 16
KASSAFLÖDESANALYSER Moderbolaget Tkr 2013 2012 jan-dec jan-dec Periodens rörelseresultat -2 704-40 Justering för poster som inte ingår i kassaflödet - - Netto erhållna/betalda räntor - -2 Betald inkomstskatt - - Kassaflöden från den löpande verksamheten -2 704-42 Förändring av rörelsefordringar -3 719 - Förändring av rörelseskulder 2 624 51 Kassaflöden från den löpande verksamheten -3 799 9 Kassaflöden från investeringsverksamheten - -277 Kassaflöden från finansieringsverksamheten 16 810 - Årets kassaflöde 13 010-268 Likvida medel vid periodens början 83 351 Likvida medel vid periodens slut 13 094 83 NYCKELTAL OCH AKTIEDATA Moderbolaget 2013-12-31 2012-12-31 Räntabilitet på totalt kapital (%) -9% -2,4% Räntabilitet på eget kapital (%) -10% -2,6% Soliditet (%) 95% 98% Resultat per aktie(kr) -0,05 0,00 Eget Kapital per aktie (kr) 0,49 0,16 Totalt antal aktier 107 081 719 17 802 200 Genomsnittligt antal aktier 57 741 751 17 802 200 17
Nyckeltalsdefinitioner Räntabilitet på totalt Resultat efter finansiella poster plus finansiella kostnader i procent av genomsnittligt kapital: totalt kapital. Räntabilitet på eget kapital: Nettoresultat enligt resultaträkningen i procent av genomsnittligt eget kapital. Soliditet: Resultat per aktie: Eget kapital per aktie: Kassalikviditet: Eget kapital i procent av balansomslutning. Resultat efter skatt i förhållande till genomsnittligt antal aktier. Eget kapital i relation till antal aktier på balansdagen. Omsättningstillgångar exklusive lager i förhållande till kortfristiga skulder. 18