Balance sheets

April 30		Group			Parent Company
SEK 000s	Note	2006	2007	2008	2006	2007	2008

ASSETS

Fixed assets
Intangible fixed assets	12
Capitalized expenditure for
computer software		689	3,710	9,232	689	3,710	9,232
Renting rights		26,892	45,340	41,720	16,056	29,477	40,041
Goodwill		112,267	279,298	279,238	51,858	98,259	229,068
Total		139,848	328,348	330,190	68,603	131,446	278,341

Tangible fixed assets	13
Inventories and installations		54,493	79,357	97,486	26,762	45,601	60,224
Improvement costs for
non-Group property		3,211	17,440	25,365	3,211	9,100	14,035
Advance payments for tangible assets		1,459	2,702	500	1,459	113	500
Total		59,163	99,499	123,351	31,432	54,814	74,759

Financial fixed assets	14
Participations in Group companies					56,740	181,824	24,306
Other securities held as fixed assets		28	28	29	4	4	4
Deferred tax assets	15	2,039	3,578	8,154
Other long-term receivables		4,760	6,550	5,621	696	1,236	288
Total		6,827	10,156	13,804	57,440	183,064	24,598

Total fixed assets		205,838	438,003	467,345	157,475	369,324	377,698

Current assets
Inventories
Goods for resale		222,230	264,455	337,936	176,944	204,917	254,824

Current receivables
Accounts receivables		22,415	8,959	9,880	22,406	8,650	9,826
Tax receivables		483	1,236	271	—	—	—
Receivables from Group companies					54,947	105,602	142,962
Other receivables		1,060	1,922	6,692	560	392	5,806
Prepaid expenses and
accrued income	16	19,613	26,095	31,322	17,074	21,550	23,297
Total		43,571	38,212	48,165	94,987	136,194	181,891

Cash and cash equivalents		113,610	56,681	31,490	103,776	30,144	19,534
Total current assets		379,411	359,348	417,591	375,707	371,255	456,249

Total assets		585,249	797,351	884,936	533,182	740,579	833,947

EQUITY AND LIABILITIES

Equity	17
Share capital		70,044	70,044	73,344	70,044	70,044	73,344
Other contributed capital		116,910	116,910	139,196
Share premium reserve					—	—	22,286
Reserves		144	– 310	1,123
Statutory reserve					117,810	117,810	117,810
Retained earnings and profit for the year		210,925	304,611	258,793	172,707	257,334	199,184
Total equity		398,023	491,255	472,456	360,561	445,188	412,624
of which, restricted equity
in Parent Company					187,854	187,854	213,440
of which, non-restricted equity
in Parent Company					172,707	257,334	199,184

Untaxed reserves	18				31,567	46,550	58,867

Provisions
Provisions for taxes	15				—	2,240	5,328
Total provisions					—	2,240	5,328

Long-term liabilities
Deferred tax liabilities	15	14,785	22,865	25,934
Interest-bearing liabilities
to credit institutions	19	12,344	7,871	60,004	—	—	57,500
Total long-term liabilities		27,129	30,736	85,938	—	—	57,500

Current liabilities
Interest-bearing liabilities
to credit institutions	19	6,057	46,006	94,225	—	40,000	90,000
Overdraft facilities	20	—	18,795	51,266	—	18,795	51,266
Accounts payable		57,047	63,126	58,745	52,395	57,724	51,959
Liabilities to Group companies					120	—	4,030
Tax liabilities		43,186	46,778	22,332	43,186	46,778	22,785
Derivatives held for hedging	21	2,458	2,461	3,453
Other liabilities		8,500	28,681	25,207	7,083	22,144	18,069
Accrued expenses and
deferred income	22	42,849	69,513	71,314	38,270	61,160	61,519
Total current liabilities		160,097	275,360	326,542	141,054	246,601	299,628

Total equity and liabilities		585,249	797,351	884,936	533,182	740,579	833,947

Pledged assets and
contingent liabilities
Pledged assets	23	130,969	130,913	3,747	127,250	127,250	—
Contingent liabilities	24	5,000	6,126	5,293	13,448	11,111	8,969