Balance sheets

April 30		Group			Parent Company
SEK 000s	Note	2007	2008	2009	2007	2008	2009

ASSETS

Fixed assets
Intangible fixed assets	12
Capitalized expenditure for computersoftware		3,710	9,232	15,730	3,710	9,232	15,730
Renting rights		45,340	41,720	35,708	29,477	40,041	34,140
Goodwill		279,298	279,238	283,213	98,259	229,068	222,053
Total		328,348	330,190	334,651	131,446	278,341	271,923

Tangible fixed assets	13
Inventories and installations		79,357	97,486	97,077	45,601	60,224	60,807
Improvement costs for non-Group property		17,440	25,365	29,801	9,100	14,035	14,898
Advance payments for tangible assets		2,702	500	—	113	500	—
Total		99,499	123,351	126,878	54,814	74,759	75,705

Financial fixed assets	14, 30
Participations in Group companies	14				181,824	24,306	28,067
Other securities held as fixed assets	14	28	29	32	4	4	4
Deferred tax assets	15	3,578	8,154	9,858	—	—	7,277
Other long-term receivables	14	6,550	5,621	7,241	1,236	288	185
Total		10,156	13,804	17,131	183,064	24,598	35,533

Total fixed assets		438,003	467,345	478,660	369,324	377,698	383,161

Current assets
Inventories
Goods for resale		264,455	337,936	312,291	204,917	254,824	229,908

Current receivables
Accounts receivable	30	8,959	9,880	14,203	8,650	9,826	13,912
Tax receivables		1,236	271	9,937	—	—	9,937
Receivables from Group companies					105,602	142,962	146,998
Other receivables		1,922	6,692	10,437	392	5,806	8,920
Prepaid expenses and
accrued income	16	26,095	31,322	34,163	21,550	23,297	25,304
Total		38,212	48,165	68,740	136,194	181,891	205,071

Cash and cash equivalents		56,681	31,490	25,370	30,144	19,534	13,449
Total current assets		359,348	417,591	406,401	371,255	456,249	448,428

Total assets		797,351	884,936	885,061	740,579	833,947	831,589

EQUITY AND LIABILITIES

Equity	17
Share capital		70,044	73,344	73,344	70,044	73,344	73,344
Other contributed capital		116,910	139,196	139,196
Share premium reserve					—	22,286	22,286
Reserves		– 310	1,123	2,266
Statutory reserve					117,810	117,810	117,810
Retained earnings, including profit for the year		304,611	258,793	138,109	257,334	199,184	88,949
Total equity		491,255	472,456	352,915	445,188	412,624	302,389
Of which, restricted equity in Parent Company					187,854	191,154	191,154
Of which, non-restricted equity in Parent Company					257,334	221,470	111,235

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

Provisions
Provisions for taxes	15				2,240	5,328	4,379
Total provisions					2,240	5,328	4,379

Long-term liabilities	30
Deferred tax liabilities	15	22,865	25,934	24,836
Interest-bearing liabilities to credit institutions	19	7,871	60,004	90,197	—	57,500	90,000
Total long-term liabilities		30,736	85,938	115,033	—	57,500	90,000

Current liabilities	30
Interest-bearing liabilities to credit institutions	19	46,006	94,225	92,580	40,000	90,000	90,000
Overdraft facilities	20	18,795	51,266	123,033	18,795	51,266	109,760
Accounts payable		63,126	58,745	89,277	57,724	51,959	80,013
Liabilities to Group companies					—	4,030	8,837
Tax liabilities		46,778	22,332	23	46,778	22,785	—
Derivatives held for hedging	21	2,461	3,453	2,337
Other liabilities		28,681	25,207	27,440	22,144	18,069	19,405
Accrued expenses and
deferred income	22	69,513	71,314	82,423	61,160	61,519	67,939
Total current liabilities		275,360	326,542	417,113	246,601	299,628	375,954

Total equity and liabilities		797,351	884,936	885,061	740,579	833,947	831,589

Pledged assets and contingent liabilities
Pledged assets	23	130,913	3,747	304,265	127,250	—	323,340
Contingent liabilities	24	6,126	5,293	5,000	11,111	8,969	6,939