SAS Group January-December 2002

Year-end report January-December 2002 The year in brief · Operating revenue for the year amounted to MSEK 64,944 (51,433), an increase of 26.3%. For comparable units and adjusted for currency effects, operating revenue decreased during the period by 1.0% or MSEK 512. · Income before depreciation and leasing costs for aircraft (EBITDAR) amounted to MSEK 7,294 (3,168) for the full year, an increase of 130%. EBITDAR for the fourth quarter was MSEK 1,332 (-122). · Income before capital gains for the year was MSEK -951 (-2,282). Income for the fourth quarter amounted to MSEK -809 (-1,613). Excluding non-recurring items, income before capital gains for the full year 2002 was MSEK -736 (-2,282). · Income before tax amounted to MSEK -450 (-1,140). The result for the fourth quarter was MSEK -683 (-1,147). · CFROI for the full year 2002 was 13% (7%). · Earnings per share for the period January-December amounted to SEK -0.81 (-6.65) for the SAS Group and equity per share amounted to SEK 92.33 (96.06). · The Board of Directors proposes that no dividend be paid for the 2002 fiscal year. · Against the background of the uncertain global political situation and the difficult market situation, the SAS Group is, under present conditions, not issuing a detailed assessment of earnings for the full year 2003. ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2003/02/12/20030212BIT00030/wkr0001.doc The Full Report http://www.waymaker.net/bitonline/2003/02/12/20030212BIT00030/wkr0002.pdf The Full Report