Printing Error in the English version of the Intentia 2000 accounts release

Printing Error in the English version of the Intentia 2000 accounts release Stockholm, Sweden - Intentia International AB (publ). (XSSE:INT B). In the announcement of the year 2000 accounts release for Intentia a printing error has unfortunately led to the inclusion of wrong figures for after tax and after tax profit for the year 2000, whereby tax is understated by 17,7 MSEK and after tax profit for the year overstated by the corresponding amount. Please note that the Swedish version previously distributed is correct. The corrected English version of the income statement and Balance Sheet as attached is also available on www.intentia.com. For further information please contact: Håkan Gyrulf Vice President and CFO Telephone +46-8-5552 5825 Fax +46-8-5552 5999 e-mail:hakan.gyrulf@intentia.se Thomas Ahlerup Director Corporate Communication and Investor Relations Telephone +46-8-5552 5766 Cell phone +46-708-545 666 Fax +46-8-5552 5999 e-mail:thomas.ahlerup@intentia.se INCOME STATEMENT GROUP (SEK million) Oct- Jan- Dec Dec 2000 1999 2000 1999 License revenue 537.1 253.0 1,156,8 756,3 Consultancy revenue 616.1 582.1 2,098,0 2,124,2 Other revenue 14.6 45.5 143 181 .0 .8 Net revenue 1,167. 880.6 3,3 3,0 8 97. 62. 8 3 Consultancy cost -532.9 -536.2 - - 1,9 1,8 17. 64. 6 3 Cost for other -64.8 -56.1 - - revenues 227 217 .1 .1 Gross earnings 570.1 288.3 1,2 980 53. .9 1 Other operating 14.1 25.6 29. 82. items net 2 4 Product development -122.0 -100.8 - - expenses 444 433 .1 .7 Sales and marketing -219.8 -199.5 - - expenses 744 689 .7 .6 Administration -61.2 -69.8 - - expenses 230 255 .9 .4 Items affecting - 55.9 - 55. comparability 9 Operating earnings 181.2 -0.3 - - 137 259 .4 .5 Financial income and -46.4 -7.6 - - expenses 110 16. .3 2 Participation in -0.3 -1.8 0.3 - associated 1.4 companies' earnings Earnings after 134.5 -9.7 - - financial items 247 277 .4 .1 Earnings in Group companies the part of year they did not - - 3.7 0.3 belong to the Group Earnings before tax 134.5 -9.7 - - 243 276 .7 .8 Tax on profit/loss -40.3 -21.5 - - for the period 54. 57. 2 2 Minority interest in -1.1 -2.2 - - profit/loss for the 2.4 9.2 period Profit/loss for the 93.1 -33.4 - - period 300 343 .3 .2 BALANCE SHEET GROUP (SEK million) December 31 2000 1999 Intangible fixed 352.0 374 assets .3 Tangible fixed assets 245.5 245 .9 Financial fixed assets 84.2 75. 2 Total fixed assets 681.7 695 .4 Accounts receivable 1,266.5 1,1 00. 6 Other current assets 597.3 373 .6 Cash and bank balances 401.0 726 .6 Total current assets 2,264.8 2,2 00. 8 Total assets 2,946.5 2,8 96. 2 Stockholders' equity 355.2 641 .9 Minority interests 14.3 13. 7 Convertible notes 885.7 856 .4 Provisions 1.1 1.3 Interest bearing long- 58.6 300 term liabilities .3 Other long-term 6.8 6.1 liabilities Interest bearing 558.6 51. current liabilities 5 Other current 1,066.2 1,0 liabilities 25. 0 Total stockholders' 2,946.5 2,8 equity, provisions and 96. liabilities 2 CASH FLOW ANALYSIS GROUP (SEK million) Oct- Jan- Dec Dec 2000 1999 20019 0 99 Cash flow before 188.8 -10.5 - - change in working 14819 capital .5 7. 7 Change in working -204.2 79.3 - - capital 37791 .9 .2 Cash flow from -15.4 68.8 - - operations 52628 .4 8. 9 Cash flow from -5.9 -41.5 - - investments 58.13 8 0. 4 Cash flow from 143.8 11.9 2621, financing .8 00 0. 5 Cash flow for the 122.5 39.2 - 58 period 3221. .4 2 Liquid funds, opening 277.5 673.9 72613 balance .6 7. 6 Exchange rate 1.0 13.5 - 7. difference on liquid 3.28 funds Liquid funds, closing 401.0 726.6 40172 balance .0 6. 6 DEVELOPMENT PER QUARTER Net Lice Operatin Opera Earnin Numbe nse g ting gs r earnings after reve reve before earni financ emplo nue nue deprecia ngs ial yees* tion items 1999 Q1 686. 184.3 -37.9 -65.2 -63.1 3, 7 21 9 Q2 852. 215.0 -35.7 -64.2 -74.2 3, 1 22 9 Q3 642. 104.0 - -129.9 - 3, 9 100.0 130.1 33 7 Q4 880. 253.0 35.3 -0.2 -9.7 3, 6 36 0 2000 Q1 819. 245.3 -55.6 -88.8 -75.1 3, 9 41 6 Q2 786. 223.0 -52.2 -84.1 - 3, 3 122.2 36 6 Q3 623. 151.4 - -145.7 - 3, 8 116.9 184.5 24 3 Q4 1,16 537.1 220.2 181.2 134.5 3, 7.8 22 4 * employees at end of period FINANCIAL RATIOS Oct- Jan- Dec Dec 2000 1999 20 00 1999 OPERATIONAL Growth over previous year License revenue 112% -34% 53 % -24% Consultancy revenue 6% 39% - 1% 67% Net revenue 33% 2% 11 % 25% Margins Consultancy margin 13% 8% 9% 12% Gross margin 49% 33% 37% 32% Operating margin 16% -6% - 4% -9% Net profit margin 8% -4% - 9% -11% Expenses and efficiency Product 23% 40% 38% development/license revenue 57% Sales and 41% 79% 64 marketing/license % revenue 91% Administration/net 5% 8% 7% revenue 8% Average number of 3 244 3 311 3 employees for 38 period 0 3 212 Revenue per 360 266 1 employee 00 5 953 Added value per 249 152 60 employee 6 566 Personnel expenses 179 142 60 per employee 7 609 FINANCIAL POSITION Working capital 4 18% 18% 18 quarters/net % revenue 12 months 18% Debt/equity ratio 0,6 -0,6 0, (excluding 6 convertible notes) -0,6 Average capital 1,713 1,844 1, employed 66 1 1,607 Share of 49% 70% 49 riskbearing capital % 70% Equity/assets ratio 13% 23% 13 % 23% Cash flow/net -2% 3% - revenue 17 % -14% RETURN On average capital 11% 1% - employed 6% -14% On average 45% -6% - stockholders' 82 equity % -44% FINANCING Net indebtedness -188.8 327.0 37 opening balance 4. 8 -90.5 Net indebtedness -216.3 374.8 - closing balance 21 6. 3 374.8 Funds borrowed 253.8 6.7 56 0. 1 256.7 Amortization of -109.7 24.5 - loans 34 5. 4 -136.4 SHARE DATA Number of outstanding shares (thousand) Basic, end of 24,311 24,121 24 period ,3 11 24,121 Basic, average for 24,311 24,121 24 period ,2 51 24,111 Diluted, end of 30,352 29,158 30 period ,3 52 29,158 Earnings per share (SEK) Basic, average for 3.8 -1.4 - period 12 .4 -14.2 Diluted, average 4.1 -0.6 - for period 9. 0 -11.6 Riskbearing capital 51.7 62.7 51 per share at end of .7 period 62.7 Stockholders' 14.6 26.6 14 equity per share at .6 end of period 26.6 Cash flow per -0.9 1.1 - average number of 24 shares .1 -18.1 CHANGE IN STOCKHOLDERS' EQUITY 20 199 00 9 Stockholders' equity at 64 1,0 beginning of year 1. 11. 9 9 Effect of changes in - 7.1 accounting principles Stockholders' equity 64 1,0 after change in 1. 19. accounting principles 9 0 New stock issued/Reversal 48 19. of warrants .1 3 Profit/loss for the year - - 30 343 0. .2 3 Translation differences - - for the year 34 53. .5 2 Stockholders' equity at 35 641 year-end 5. .9 2 ------------------------------------------------------------ Denna information skickades av BIT http://www.bit.se Följande filer finns att ladda ned: http://www.bit.se/bitonline/2001/01/30/20010130BIT01070/bit0001.doc http://www.bit.se/bitonline/2001/01/30/20010130BIT01070/bit0002.pdf

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