SAS Group Year-end Report January-December 2010

January-December 2010

· Revenue: MSEK 40,723 (44,918) · Earnings before nonrecurring items in continuing operations: MSEK

-435 (-1,754). Adjusted for the effects of the ash cloud, earnings
amounted to MSEK 265

· EBT margin before nonrecurring items in continuing operations: -1.1%

(-3.9%)

· Cash flow from operating activities: MSEK -155 (-3,414) · Nonrecurring effects: MSEK 2,625, of which restructuring costs MSEK

1,053, legal disputes MSEK 991, impairment charges MSEK 229 and capital
losses MSEK 352

· Income before tax: MSEK -3,060 (-3,423) · Net income for the period: MSEK -2,218 (-2,947) · Earnings per share: SEK -7.79 (-18.20)

October-December 2010

· Revenue: MSEK 10,559 (10,323) · Earnings before nonrecurring items in continuing operations: MSEK

258 (-940)

· EBT margin before nonrecurring items in continuing operations: 2.4%

(-9.1%)

· Cash flow from operating activities: MSEK -218 (-1,066) · Nonrecurring effects: MSEK 722, of which restructuring costs MSEK

434 and capital losses MSEK 279

· Income before tax: MSEK -464 (-1,519) · Net income for the period: MSEK 47 (-1,304) · Earnings per share: SEK 0.14 (-6.66)