The Parent Company

Sales, income and financial position

The Parent Company, Duni AB, contains Group management and joint Group staff functions such as finance, personnel, purchasing, communication, marketing and IT. Parts of the Group’s development resources are located in the Parent Company. The Company’s products are mainly distributed to other units within the Group, but the Parent Company is also responsible for the Group’s sales on the Nordic market.  

Net sales amounted to SEK 1,180 m (1,244). Operating income was reported at SEK -43 m (-143) and net financial items at SEK 543 m (324). The Parent Company's net income was SEK 487 m (184). The net financial items include internal dividends received during the year of SEK 547m (351).

The Parent Company’s investments in fixed assets amounted to SEK 21 m (16).         
The Parent Company’s equity ratio at year-end was 63.4 percent (46.7). The Parent Company’s cash and cash equivalents on December 31, 2009 amounted to SEK 179 m (153).

Operational and financial risks in the Parent Company

The Parent Company’s risks correspond in all essential respects to the Group’s risks.

Duni AB has an increased accounting exposure since unrealized reappraisals of derivative instruments are reported in the income statement.

Duni’s finance management and its management of financial risks are regulated by a finance policy adopted by the Board of Directors. This work is presided over and managed by the Group’s Treasury, which is included as a unit within the Parent Company. The Group divides the financial risks into market risks, consisting of currency risks, price risks and interest rate risks, as well as credit risks and liquidity risks.

• The Group
• The Parent Company
• Ownership and share
• Proposed allocation of earnings