ANNUAL REPORT INTRUM JUSTITIA A N N U A L R EP O R T 2 0 ...

32 The share
CHANGES IN SHARE CAPITAL
Transaction
2001 Founding of the company 100,000 100,000 1,000 100
2001 Split 5000:1 0 100,000 5,000,000 0.02
2001 New issue 1) 778,729.4 878,729.4 43,936,470 0.02
2002 New issue 2) 208,216.72 1,086,946.12 54,347,306 0.02
2002 New issue 3) 612,765.96 1,699,712.08 84,985,604 0.02
2005 Redemption 4) –140,587.06 1,559,125.02 77,956,251 0.02
2007 Exercise of employee stock options 5) 22,672 1,581,797.02 79,089,851 0.02
2008 Exercise of employee stock options 6) 10,046.40 1,591,843.42 79,592,171 0.02
2009 Exercise of employee stock options 7) 8,049.60 1,599,893.02 79,994,651 0.02
1) Directed to Industri Kapital 1997 Fund and Synergy at a subscription
price of SEK 0.02 per share as part of the legal restructuring of the Intrum
Justitia Group.
2) 1,402,228 shares each to Industri Kapital 1997 Fund and Synergy at
a subscription price of SEK 4.432 per share, and 3,803,190 shares each
to Industri Kapital 1997 Fund and Synergy at a subscription price of SEK
0.02 per share.
3) 30,638,298 shares to the public and institutional investors at a subscription
price of SEK 47 per share.
4) Redemption of 7,029,353 shares for a cash payment of SEK 84
per share. The procedure involved the distribution of a total of SEK
590,325,064.94 to the company’s shareholders, whereby the company’s
share capital was reduced by SEK 140,587.06, while the share premium reserve
was reduced by SEK 590,325 064.94.
SHAREHOLDINGS BY SIZE
Holding, no. of shares
No. of shareholders
Total no. of
shares
Capital and
votes, %
1–1,000 5,904 1,892,984 2.4
1,001 – 10,000 920 2,915,592 3.6
10,001 – 50,000 157 3,651,248 4.6
50,001 – 100,000 58 4,164,087 5.2
100,001 – 500,000 93 21,278,468 26.6
500,001 – 1,000,000 22 14,974,441 18.7
1,000,001 – 5,000,000 14 31,117,831 38.9
Total 7,168 79,994,651 100
No. of shareholders who own
one trading lot (100 shares) or less: 2,109
Change in share capital Total capital Total no. of shares Quota value per share
5) During the period July 1 – December 31, 2007 Intrum Justitia’s share
capital increased from SEK 1,559,152.02 to SEK 1,581,797.02, corresponding
to 1,133,600 new shares and the same number of votes, as new
shares were subscribed for through the exercise of employee options.
6) During the period January 1 – December 31, 2008 Intrum Justitia’s
share capital increased from SEK 1,581,797.02 to SEK 1,591,843.42, corresponding
to 502,320 new shares and the same number of votes, as new
shares were subscribed for through the exercise of employee options.
7) During the period January 1 – December 31, 2009 Intrum Justitia’s
share capital increased from SEK 1,591,843.42 to SEK 1,599.893.02, corresponding
to 402,480 new shares and the same number of votes, as new
shares were subscribed for through the exercise of employee options.
OWNERSHIP STRUCTURE AS Of DECEMBER 31
Total no. of shares 79,994,651 No. of shares
Capital and
votes. %
Carnegie Funds 5,108,000 6.4
Swedbank Robur Funds 3,509,419 4.4
CapMan Oy 3,407,550 4.3
SEB Funds 3,097,341 3.9
Lannebo Funds 2,938,972 3.7
Fourth Swedish Nat’l Pension Fund 2,394,270 3.0
Öresund Investment AB 2,388,000 3.0
Länsförsäkringar Funds 2,342,175 2.9
First Swedish Nat’l Pension Fund 2,198,962 2.7
SHB Funds 2,171,056 2.7
Total 29,555,745 33.0
DATA PER SHARE
2010 2009 2008 2007 2006
Earnings before dilution, SEK 5.67 5.53 5.58 5,86 5,09
Earnings after dilution, SEK 5.67 5.53 5.56 5,83 5,04
Operating cash flow, SEK 20.37 19.12 15.88 12,85 11,09
Shareholders’ equity before dilution, SEK 32.21 31.96 30.19 23,30 18,73
Shareholders’ equity after dilution, SEK 32.21 31.96 30.28 23,46 20,46
Dividend / proposed dividend, SEK 4.10 3.75 3.50 3,25 2,75
Dividend payout, % 72.3 67.9 63.2 55,5 54,0
Share price at year-end, SEK 103.50 89.75 78.50 115,0 88,75
Yield, % 4.0 4.2 4.5 2,8 3,1
P/S, multiple 2.2 1.7 1.7 2,8 2,4
P/E, multiple 18.3 16.3 14.2 19,6 17,4
Beta 0.7 0.7 0.8 0,7 0,8
No. of shares at year-end 79,774,651 79,744,651 79,342,171 79,089,851 77,956,251
No. of shares at year-end after dilution 79,774,651 79,744,651 79,640,093 79,513,063 78,794,959
Average no. of shares 79,774,651 79,658,944 79,148,161 78,436,068 77,956,251
Average no. of shares after dilution 79,774,651 79,681,973 79,446,083 78,859,280 78,794,959