Year-end report 2003

FöreningsSparbanken (Swedbank) Preliminary year-end report for 2003 February 12, 2004 Operating profit rose by 40 percent to SEK 9,564 M 2003 in summary: · Operating profit rose by 40 percent to SEK 9,564 M (6,848) · Profit for the year rose by 53 percent to SEK 6,343 M (4,152) · The return on equity rose to 15.9 percent (11.0) · Earnings per share rose to SEK 12.02 (7.87) · Total income rose by 6 percent to SEK 24,453 M (23,001) · Net interest income rose by 4 percent to SEK 16,201 M (15,549) · Net commission income amounted to SEK 5,739 M (5,764) · Net profit on financial operations rose to SEK 801 M (441) · Expenses rose by 1 percent to SEK 13,841 M (13,698) · Loan losses decreased by 38 percent to SEK 987 M (1,603) · Operating profit for the fourth quarter rose by 33 percent to SEK 2,467 M (1,848) compared with the corresponding quarter of 2002 · The Board of Directors is recommending a cash dividend of SEK 5.75 per share (5.50) For further information, please contact: Jan Lidén, President and CEO, Acting CFO Phone + 46 8 5859 2227 Henrik Kolga, Head of Communications Phone + 46 8 5859 2779, + 46 708 11 13 15 Jonas Blomberg, Head of Investor Relations Phone + 46 8 5859 3322, + 46 702 65 01 33 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/02/12/20040212BIT00050/wkr0001.doc The full report http://www.waymaker.net/bitonline/2004/02/12/20040212BIT00050/wkr0002.pdf The full report