Publish date: 2007-02-22

Year-End Report 2006

Volvofinans 2006 – Year-end financial statement. New record year for Volvofinans.

Volvofinans, in its 47 year of operations, had its best earnings ever in 2006 at SEK 299.8 M (254.7), an increase of 18%. Group lending, about 90% of which is vehicle financing (75% automobiles and 15% trucks), amounted to SEK 24.2 billion (24.5) at year-end. Return on equity increased from 9.74% to 10.59%, capital adequacy rose from 10.73% to 11.04% and confirmed credit losses were, as in prior years, minimal at SEK 7.5 M or 0.03% of lending. rules...

Year-End Report 2006.pdf