* Seeing that the additional shares that might be subscribed for through conversion of subordinated loans and exercise of would result in increased earnings per share, earnings per share after dilution is not reported, in compliance with IAS 33.
 

Comments on Income statement

Obducat generated sales in 2009 of SEK 51.6 M (71.5), corresponding, compared with the previous year, to a decrease of 28 per cent. The reduction is primarily the result of fewer machines sold as a direct consequence of the financial crisis. The gross profit margin was 51 (58) per cent. Compared with the previous year, the change in margin is attributable to fewer NIL machines sold in 2009. Operating costs increased by SEK 5.9 M (1.9), principally attributable to activities in connection with the development of Sindre 400®, the HVM machine. The Group loss prior to taxes was SEK -52.1 M (-28.8). Earnings in the Parent Company are, as last year, solely attributable to inter-company services. The Parent Company’s operating costs increased by SEK 1.3 M (-7.3) compared with 2008. The income in 2009 has been charged with write-down of shares in subsidiaries amounting to SEK -36.4 M (-11.7), equivalent to the total shareholder contribution provided to the subsidiaries in order to cover losses.