Major Companies of Scandinavia 1987/88

Major Companies of Scandinavia 1987/88

MANAGING EDITOR RMWHITESIDE

EDITORS J FORSYTH A WILSON

ASSISTANT J KENNEDY-BRUYNEELS

Published by

Graham & Trotman .\ 1lI('mh('I'oftilP KIlIWP .. . \c.'ntit'lIli(' PuhlislU'l"s (it'oUIl

LONDONIDORDRECHT/BOSTON Sterling House, 66 Wilton Road, London SW1V 1DE

Second Edition published in 1987 by Graham & Trotman Limited Sterling House, 66 Wiltor:- Road, London SW1V 1DE, United Kingdom

Graham & Trotman Ltd is a member of the AsSQGiation of British Directory Publishers

© 1987 Graham & Trotman Limited

This publication is protected by international copyright law. All rights strictly reserVed. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any way or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the publishers.

British Library Cataloguing in Publication Data

Major companies of Scandinavia.---2nd ed.<1987-88)-1. Corporations---Scandinavia--Directories 338.7'4'02548 HG4196

ISBN-13: 978-1-85333-016-2 e-ISBN-13: 978-94-009-3463-4 001: 10.107/978-94-009-3463-4

CONTENTS

Major Companies of Scandinavia 1987/88

DENMARK .................................................................. 1

FINLAND ..................................................................... 47 NORWAY ..................................................... , ............... 93

SWEDEN ...................................................................... 129

INDEXES Alphabetical index to companies ................... 209

Alphabetical index to companies within each country .............................................. 214

Business activity index ......................................... 219

Major Companies of DENMARK

A JESPERSEN & S0N INTERNATIONAL A/S See JESPERSEN, A, & SI'2JN INTERNATIONAL A/S

AALBORG PORTLAND 44, R0rdalsvej, PO Box 165, DK-9100 Aalborg Tel: 08-1677 77 Cable: Cementcentral Telex: 69646 cemex dk

Board of Directors: Erik Mollerup (Chairman), Niels Arnstedt (Vice Chairman), Thomas Castberg, 'Leo Dahl Christensen, 'Svend H Ipsen, Christian Kjl!!r, John T Langebl!!ck, J0rgen F Nissen, 'Alice Pedersen, Fritz Toft Rasmussen, Erik B Rasmussen, 'Vilhelm Strarup, 'elected by- the employees

Management: Ole Stevens Larsen (President and Chief Executive Officer), Poul Skovgaard (Executive Vice President)

Other Executive Staff: H E Borgholm (Vice President Research and Development), H H Olsen (Vice President Marketing), P Dam Madsen (Vice President Finance), H P Skovsen (Vice President Personnel), J T Christensen (Vice President Production)

PRINCIPAL ACTIVITIES: Production, sale and distribution of Portland-Cement and allied products

Trade Names: Lion Brand Cement, Polar Bear Cement, Triangle Brand Cement, Cempexo

Parent Company: Aktieselskabet Potagua, who is principal shareholder in F L Smidth & Co. A/S owns approx. 30% of the share capital in Aalborg Portland, while F L Smidth & Co. AjS owns approx. 28% of the share capital in Aalborg Portland

Subsidiary Companies: Dansk Eternit-Fabrik A/S; Danaske I/S; Hasle Klinker- og Chamottestensfabrik A/S; Aalborg Energy Consultants NV; Aalborg Portland US Inc; Fl!!rdigbeton, Aaalborg AjS; Densit A/S; Aktieselskabet Faxe Kalkbrud

Principal Bankers: Kj0benhavns Handelsbank A/S Financial Information:

Group sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per share Share capital Shareholders funds

No of Employees: 2,312

AALBORG V JERFT A/S Aalborg Shipyard Ltd PO Box 661, DK-9100 Aalborg Tel: +45 8 16 33 33 Cable: Yard Telex: 69705 YARD OK Telefax: +45 8 16 33 81

31.12.84 DKr'OOO

1,659,715 249,846 177,734 140,695 37,039

15% 275,350

1,255,872

31.12.85 DKr'OOO

1,838,239 303,002 190,827 153,788 37,039

15% 275,350

1,340,539

Board of Directors: Einar M011er (Chairman), Johs G Hupfeld, Aage Rank, Axel Nicolajsen, Niels Bach, Sven Dryl0v Madsen Flemming Woldbye

Management Board: Haakon Jensen (Managing Director), KnudErik Bengtsen (Director of Shipbuilding Division), J0rgen Kristensen (Financial Director), Willy Madsen (Director of Boiler Division)

PRINCIPAL ACTIVITIES: Shipbuilding, shiprepairs, modules for offshore, boiler production (industrial, marine and power station boilers), boiler repair and service; machining, steel construction

Trade Names: Aalborg Boilers Parent Company: J Lauritzen A/S, Copenhagen Subsidiary Companies in Europe: Aalborg Boilers (Holland) B.V.

and others in Singapore

3

DENMARK Principal Bankers: Den Danske Bank af 1871 A/S; Privatbanken Financial Information:

Sales turnover Profit before tax Profit after tax Retained profit Dividends Share capital Shareholders funds


AARHUS OLiEFABRIK A/S PO Box 50, OK 8100 Aarhus Tel: (6)126000 Cable: Palmfabrik

31.12.84 DKr'OOO

1,407,967 157,074 116,530 369,897

15% 100,000 421,459

Telex: 64341; 64342; 64348 Palmf OK

Chairman: Georg L0ber

31.12.85 DKr'OOO

1,815,356 43,199 25,017

359,883 15%

100,000 486,830

Management Board: J Handberg (Managing Director), H F Andersen (Commercial Director), J Poulsen (Technical Director), J C Pontoppidan (Economy and Finance Director)

Senior Executives: M S Jensen (Staff), 0 Markers (Sales)

PRINCIPAL ACTIVITIES: Production of edible oils and specialty fats for margarine, chocolate and confectionery industries, and soya protein for human and animal consumption

Trade Names: IIlexao, Cebes, Danpro Subsidiary Companies: Ceylon Trading Co Ltd (Sri Lanka);

Anglia Oils Ltd (UK); Frank Fontannaz (Holdings) Ltd (UK) Principal Bankers: Provinsbanken A/S Financial Information: Group figures

Sales turnover Profit before tax Profit after tax Retained profit Dividends' Dividends per share Earnings per share Share capital' Shareholders funds , plus shares to employees

2,200 in 1984 and 3,160 in 1985

No of Employees: 1,400 (Group)

AKTIVBANKEN A/S

31.12.84 DKr'OOO

1,809,000 60,400 39,000 21,800 15,000

10% 26%

150,000 347,400

PO Box 2350, Ladegaardsvej 3, DK-7100 Vejle Tel: 455858133 Cable: ACTIVBANK Telex: 61113 ACTIVBK

31.12.85 DKr'OOO

2,020,000 116,100 57,500 29,260 21,600

12% 32%

180,000 364,200

Board of Directors: Niels Hede Nielsen (Chairman), H Chr Juhl (Deputy Chairman), Ib Windfeld-Hansen (Deputy Chairman), S A Christensen, Signe Gr0nvall, Aase Hansen, Svend Hansen, Torben Lucas, Anton Schr0der, Kai Seiding

Management: E H0gsaa (JOint Managing Director), E K Larsen (JOint Managing Director)

PRINCIPAL ACTIVITIES: International bank Subsidiary Companies: Aktivbank International SA

(Luxembourg); National Bank of Long Beach (USA); AKTIVBANK HOLDING COMPANY (USA); Finansieringsinstituttet for Sejlsport A/S; AKTIV LEASING A/S; Aktieselskabet af 28 januar 1985; AKTIV EJENDOMSADMINISTRATION A/S; Instituttet for AKTIV Kapitalplacering A/S; AKTIV INVEST ADMINISTRATION A/S; Aktieselskabet Kollegiehuset, Vejle; Aktieselskabet af 6 juli 1949; AKTIV System A/S

DENMARK Financial Information:

Profit before tax Profit after tax Retained profit (loss) Dividends Dividends per share Earnings per share Share capital Shareholders funds Deposits Total assets

No of Employees: 724

ALFRED BENZON A/S See BENZ ON, ALFRED, A/S

31.12.84 DKr'OOO

9,229 8,091

(15,909) 24,000

16% 5.4%

150,000 720,919

4,316,064 7,848m195

31.12.85 DKr'Ooo 246,545 133,491 109,491 24,000

16% 89%

150,000 829,334

4,187,250 9,293,779

ALLERS, CARL, ETABLISSEMENT A/S Vigerslev Aile 18, 2500 Valby Tel: (01) 30 33 33 Cable: Allerpress Telex: 22390 ap dk

PRINCIPAL ACTIVITIES: Printing and publishing Subsidiary Companies: Aller Press A/S Financial Information:

Sales turnover Profit before tax

1984 DKr'OOO

1,037,720 106,000

No of Employees: 1 ,440

ANDELSBANKEN-DANEBANK 1-3 Staunings Plads, 1643 K0benhavn V Tel: (451) 145114; (451) 144520 (Foreign Exchange) Cable: Danebank Telex: 27086; 15333 (Foreign Exchange)

Chairman: Olaf Smitt Senior Executives: B N Andersen (General Manager), A C

Jacobson (General Manager), H Lundager (General Manager), K 0berg (General Manager), F Junker Mortensen (Deputy General Manager, International)

PRINCIPAL ACTIVITIES: International Bank Financial Information:

31.12.84 DKr'Ooo

Profit before tax 146,914 Profit after tax 127,376 Dividends 57,400 Dividends per share 14% Share capital 410,000 Shareholders funds 1,278,000 Deposits 25,080,000 Total assets 30,370,000


ARBEJDERNES LANDSBANK A/S

31.12.85 DKr'OOO

1,349,868 662,198

78,412 15%

522,750 1,971,000

33,831,000 43,035,946

Panoptikonbygningen 5, Vesterbrogade, 1502 K0benhavn V Tel: (01) 148877 Cable: Bankland Telex: 15633; 27235 Albank kh

Board of Directors: Georg Poulsen (Chairman) Senior Executives: S Nibelius, J Christensen, J Bagge M01holm

(General Managers)

PRINCIPAL ACTIVITIES: International bank

4

Financial Information: 31.12.84 31.12.85 DKr'OOO DKr'OOO

Profit before tax 33,183 352,818 Profit after tax 317,425 170,401 Retained profit (loss) (7,575) 144,451 Dividends 25,000 25,950 Dividends per share 10% 10% Share capital 250,000 300,000 Shareholders funds 1,065,326 1,259,777 Deposits 7,564,632 9,550,024 Total assets 9,193,014 11,895,334


A.S. JENS VILLADSENS FABRIKER (MOTHER COMPANY FOR THE ICOPAL GROUP) See VILLADSENS, A.S. JENS, FASRIKER (MOTHER COMPANY FOR THE ICOPAL GROUP)

ASSURANCE COMPAGNIET BALTICA A/S See BALTICA, ASSURANCE COMPAGNIET, AlS

ASSURANCE COMPAGNIET BALTICA LlVSFORSIKRINGSAKTS See BALTICA, ASSURANCE COMPAGNIET, LlVSFORSIKRINGSAKTS

ATLAS-DANMARK CONCERN Baltorpvej 154, DK-2750 Ballerup Tel: +45 2 97 48 64 Cable: ATLAS Copenhagen Telex: 35177 atlas dk Telefax: (GR.3+2) +45 2 65 73 33

Board of Directors: Sven Dryl0v Madsen (Chairman), Niels W Holm, J0rgen Johansen, Steen Lassen, Karsten Laursen, Carlo M Pedersen, Ib Wallentin

Management: Sj0rn Petersen (Managing Director)

PRINCIPAL ACTIVITIES: As per 1st January 1987 a restructuring will take place whereby Atlas-Danmark A.S will be a company holding shares in a number of active subsidiaries. The subsidiaries of Atlas-Danmark supply the following products, plants, and projects: Atlas Industries A/S: Rendering plants (The Atlas Process) and fish meal plants including pressure vessels manufactured in accordance with the ASME Boiler and Pressure Vessel Code and other codes, waste heat evaporators, freeze drying plants, industrial drying plants for agroindustrial and biological waste used for the production of animal feed and solid fuel, dry condensing plants for oleochemical industries, research aSSignments. Regulation stations for natural gas distribution systems, special process equipment requiring high quality assurance for the chemical and other advanced technology industries. Atlas-Danmark Desalination Systems A/S: Freshwater generators with capacities ranging from 1 to 500 t/24h (approx. 300 to 135,000 US gallons), watermakers for offshore installation with capacities ranging from 35 to 500 tf24h (approx. 9,000 to 135,000 US gallons), water treatment plants and components for the disinfection of fresh water, stationary and mobile desalination plants, modular systems with capacities ranging from 1 to 3,000 t/24h (approx. 300 to 750,000 US gallons), incinerators for the combustion of oil and sewage sludge as well as solid waste from marine and offshore installations, incinerators for the combustion of oil sludge from power plants, etc. Atlas Contracting A/S: Abattoirs and meat processing plants, integrated poultry projects, fish processing plants, integrated fishing plants. Turn-key assignments including plants from Atlas Industries AlS. As per 1 st January 1985 the responsibility for all refrigeration related activities was transferred to the fully owned subsidiary AlS Thomas Ths. Sabroe & Co

Trade Names: Atlas-Danmark A/S, A/S ATLAS Parent Company: J Lauritzen Holding A/S

Group Companies: Atlas Industries A/S (100%); Atlas-Danmark Desalination Systems A/S (100%) and subsidiaries; A/S Thomas Ths. Sabroe & Co (100%) and subsidiaries; Atlas Contracting A/S

Principal Bankers: Copenhagen Handelsbank A/S Financial Information: Group figures

Sales turnover Profit before tax Profit (loss) after tax Retained profit (loss) Share capital Shareholders funds


31.12.84 DKr'OOO

1,364,562 33,815 18,343 18,343 39,500

182,776

31.12.85 DKr'OOO

1,343,356 7,275

(6,366) (6,366)

39,500 168,581

BALTICA, ASSURANCE COMPAGNIET, A/S Bredgade 40, DK-1299 K0benhavn K Tel: (01) 122 436 Telex: 16322

Board of Directors: Peter Christoffersen, J0rgen S0ltoft, Nils Holst Laursen

PRINCIPAL ACTIVITIES: Insurance services Subsidiary Companies: Assurance Compagniet Balttica

Livsforsikring Principal Bankers: Den Danske Bank; Handelsbanken Financial Information:

Premium income

No of Employees: 3,000 (Group)

1984 DKr'OOO

3,950,000

BALTICA, ASSURANCE COMPAGNIET, LIVSFORSIKRINGSAKTS Bredgade 40, 1299 K0benhavn K Tel: (01) 122 436 Telex: 16322

Board of Directors: Peter Christoffersen, J0rgen S0ltoft, Niels Holst Laursen

PRINCIPAL ACTIVITIES: Life insurance services Parent Company: Assurance Compagniet Baltica A/S Principal Bankers: Dan Danske Bank; Handelsbanken Financial Information:

Premium income

BANG & OLUFSEN A/S Peter Bangsvej 15, 7600 Struer Tel: 07-851122 Cable: Bangoluf Telex: 66519; 66529 Telefax: 785 59 42

1984 DKr'OOO 906,000

Board of Directors: Steen Langebaek (Chairman), Aksel Olufsen, Mads Oevlisen, Jens Bang, Peter S Olufsen, Kaj Hovmoeller, Povl Hjelt, Boerge Nielsen, Gunnar Haversen, Jette 0stergaard, Anna Stokholm

Management: Vagn Andersen (Managing Director and Chief Executive), Anders Knutsen (Managing Director, Technical Areas), Povl U Skifter (Managing Director, Finance and Organisation), Ole Lund (Managing Director, Sales and Marketing), Bent Moeller Petersen (Managing Director, Product Strategy)

PRINCIPAL ACTIVITIES: Manufacturing of electronic equipment; colour television and radio receivers, video and audio recorders, gramophones, compact disc players, complete music systems, loudspeakers, measuring equipment

Trade Names: B&O

5

DENMARK Subsidiary Companies: OY Bang & Olufsen AB, Finland; Bang &

Olufsen France SA, France; Bang & Olufsen U.K. Ltd, UK; Bang & Olufsen AjS, Norway; Bang & Olufsen Svenska AB, Sweden; Bang & Olufsen AG, Switzerland; S.A. Bang & Olufsen Belgium N.V., Belgium; Bang & Olufsen Deutschland GmbH, Germany; Bang & Olufsen GesmbH, Austria; Bang & Olufsen of America Inc., USA; Bang & Olufsen of Japan Ltd, Japan; Bang & Olufsen Export AjS; BOFA A/S; Traffic Centre ApS, Denmark

Principal Bankers: Kj0benhavns Handelsbank A/S Financial Information:

Sales turnover Profit (loss) before tax Profit (loss) after tax

Retained profit Dividends Dividends per share

Earnings (loss) per share Share capital

Shareholders funds


31.5.85

DKr'OOO

1,600,000

(26,000) (12,600)

(13DKr)

100,000 386,500

BATES VENTIL SAKKE CO A/S GI. K0ge Landevevej 135B, DK 2500 Valby Tel: 01 1701 88

Cable: Ventilsak

Telex: 15624 batesdk Ventilsak

Chairman: Ole Trolle Directors: B V Nielsen, Arne Budtz

PRINCIPAL ACTIVITIES: Manufacture of paper sacks, disposable goods, packaging machinery

Trade Names: Bates Papersacks

Parent Company: F L Smidth & Co AfS

31.5.86

DKr'OOO

1,788,000 40,000 24,000

13,800 10,000

10% 24DKr

100,000 387,100

Subsidiary Companies: AfS Nyborg Plast; Nyborg Plastics Ltd; A/S Renovadan; SK Textil & Emballage A/S

Principal Bankers: Handelsbanken

Financial Information: Consolidated Group Figures 31.12.84

Sales turnover Profit before tax Profit after tax

Retained profit Dividends

Dividends per share

Earnings per share Share capital Shareholders funds


BBC Nordisk Brown Boveri A/S Ved Vesterport 6, 1612 K0benhavn V Tel: (01) 156210 Telex: 22971

DKr'OOO

946,658 40,215 26,774

23,174 3,600

0.2DKr

1.49DKr 18,000

106,813

31.12.85 DKr'OOO

1,008,328

47,493 32,617 32,617

1.81 DKr 18,000

134,045

Board of Directors: K Heimann, N P D Ditlefsen, J Sillesen, J Green, P M011er

Senior Executives: H Kjfer, A Giese, H Hertz, K Premur, E Christensen, A Roesen

PRINCIPAL ACTIVITIES: Wholesale trade in generators and motors, rectifiers, converters, capacitors, household electrical switches, control and regulating equipment, light fittings and lamps, relay apparatus, electronic measuring equipment and apparatus for the nuclear industry .

Principal Bankers: Privatbanken




BENZON, ALFRED, A/S Halmtorvet 29, 1700 K0benhavn V Tel: (01) 31 3570 Cable: Abenzon Telex: 19079 benzon dk

Chairman: Niels Thorsen

1984 DKr'OOO

1,211,030 73,800

Directors: Vincent Petersen, Johs Petersen, Jens Thorsen, K Koch Jensen, Steen Halmind

Senior Executives: Peter H Laursen (President and Chief Executive Officer), Arne Rasmussen (Executive Vice President, Finance and Administration), Mrs Helle Bechgaard (Vice President and Director of Pharma Division), George Leschke (Vice President and Director of Consumer Division)

PRINCIPAL ACTIVITIES: Development, production and sale of pharmaceutical specialities and branded goods and chemicals

Trade Names: AB, SOR-BITSjBEN-BITS, NA TUSAN and various medical trade marks

Subsidiary Companies: MECOBENZON AjS; and sales companies in Norway, Sweden, Finland, England, Holland, Belgium, Greece and Switzerland

Principal Bankers: Privatbanken Financial Information:

1984 1985 DKr'OOO DKr'OOO

Sales turnover 1,690,000 1,916,000 Profit before tax 39,846 52,000 Profit after tax 28,244 37,418 Share capital 36,000 36,000 Shareholders funds 190,629 224,780

PrinCipal Shareholders: The Alfred Benzon Foundation (50%); Monberg & Thorsen AjS (50%)


BERENDSEN, SOPHUS, A/S 1 Klausdalsbrovej, DK-2860 Soeborg Tel: (01)69 85 00 Cable: Berendsen Telex: 22 285 sobeas dk Fax: (01) 11 82 25

Chairman: Ebbe J B Christensen Management Board: Hans Werdelin (Managing), Joergen Ajslev Deputy Directors: Ole Balle, Nick Elsass, Mrs Kirsten Andersen,

Mrs Karen H0gaard

PRINCIPAL ACTIVITIES: Parent company of a group whose subsidiaries cover light-engineering, commerce, industry and service

Subsidiary Companies: Engineering and Trading Activities:Sophus Berendsen AjS-Engineering Department'; Viggo Petersen, Maskin-og Ingeni0rfirma AjS (Sophus Berendsen AjS)*; Helivac AjS; Islef + Hagen AjS (Sophus Berendsen AjS)'; E. Friis-Mikkelsen AjS; E.O. Farstrup AjS; PRC Components AjS; Sophus Berendsen Marine AjS; Landis & Gyr-Billman AjS; AjS Abemi (Norway); Ingeni0rforretningen Atlas AjS (Norway); AB Materiel-Importen Abemi (Sweden); AB Ingeniorsfinman Titan (Sweden); AB Titan Cement (Sweden); Abemi OY AB (Finland). Data and Informatics:Berendsen Data AjS; Berendsen Computer Products AjS (Berendsen Data AjS); Sophus Berendsen Software AjS (Berendsen Data AjS); Computer Forum AjS (Berendsen Data AjS); Nordsjeellands Datacenter AjS (Berendsen Data AjS); Sophus Berendsen Informatik AjS; SC Metric AjS; Atlas

6

Informatik AjS (Norway); Atlas Audio-Vision AjS (Norway); Berendsen Computer Products AjS (Norway); Berendsen Computer Products B.V. (Netherlands). Agricultural Industry:Jesma-Matador AjS; OY Finska Matador AB (Finland); Matador France S.A.R.L. (France); Matador Inc (USA). Textile Rental:- Dehn-Fix Linned Service A/S. Contract Services, Property Care, Timber Preserving and Chemical Products:Rentokil Group PLC (UK) subsidiaries in 34 countries. 'Departments and Registered Departments

Principal Bankers: Den Danske Bank af 1871 A/S Financial Information:

31.12.84 DKr'OOO

Sales turnover 2,916,834 Profit before tax 352,300 Profit after tax 207,725 Retained profit 87,877 Dividends 32,720 Dividends per share 17.5% Earnings per share 61DKr Share capital 186,974 Shareholders funds 753,828

31.12.85 DKr'OOO

3,107,431 360,491 221,438 113,927 40,900 17.5% 81DKr

233,717 823,283

Principal Shareholders: Mr Adam Elsass; Miss Helene Elsass No of Employees: 9,600

BERGS0E GROUP Hvissingevej 100, PO Box 244, DK-2600 Glostrup Tel: International 452961285 Cable: Beracorporation Telex: 33284 beraco dk

Board of Directors: Knud Jakobsen (Chairman), Kai J0lck, Otto Feierskov Andreasen, Thomas Bergs0e, Flemming Flach Hasle, J0rgen Worning, Oluf Gosvig, Torben J0rgensen, Gorm J0rgensen

Management: Bent Jensen (Managing Director), S0ren HoffJessen (Financial Director), Michael Yde Marcussen (Technical Director)

PRINCIPAL ACTIVITIES: Manufacture of non-ferrous metals and alloys, based on scrap and residues

Trade Names: Bera, Lion & Oxhead Parent Company: Paul Bergs0e & Son AjS Subsidiary Companies: Bera de Venezuela SA; Bera de

Colombia SA; Metales Suramericanos SA; Bera del Peru SA; Bera de Bolivia SA; Wilson & Jubb Ltd; Nordisk Jern & Metal AfS; Paul Bergsoe & Son A/S

Principal Bankers: Den Danske Bank of 1871 A/S; AjS Kj0benhavns Handelsbank; Arbejdernes Landsbank A/S

Principal Shareholders: Danish Pension Funds; The Bergs0e Foundation; The East Asiatic Company Ltd


BERUNGSKE, DET, OFFICIN A/S Pilestraede 34, 1147 K0benhavn K Tel: (01) 157575 Cable: Berlingske

Chairman: Ole Scherfig Directors: Chr W Reves (Managing Director), Aage Deleuran,

Erik D Jensen

PRINCIPAL ACTIVITIES: Publishing of newspapers and magazines

Trade Names: Berlingske Tidende, BT, Weekendavisen, BilledBladet, Sondags-BT

Subsidiary Companies: De Berlingske Dagblade; De Berlingske Ugeblade; De Berlingske Virksomheder; Pladeringen; Jydske Tidende; I M Elmenhoff & Son; De Berlingske Lokalaviser; Berlingske Finans

Principal Bankers: Den Danske Bank

Financial Information:

Group sales turnover Profit before tax Profit after tax Share capital

31.12.84 DKr'OOO

1,372,306 63,921 48,856 60,000

31.12.85 DKr'OOO

1,481,718 65,693 33,879 90,000

Principal Shareholders: Den Berlingske Fond (Foundation) No of Employees: 2,500

BLADKOMPAGNIET A/S Dag Hammarskj01ds Aile 13, 2100 K0benhavn I2J Tel: (01) 26 26 26 Cable: Bladkompagniet

Chairman: Ernst Klaebel (Managing Director, A/S Dagbladet Politi ken)

Directors: Torben Bonnesen (Managing Director), Eigil Lund (Assistant Director), Niels Zinglersen (EDP Director)

Senior Executives: Jens Paaby (Distribution Manager), Stig Sandvang (Distribution Manager)

PRINCIPAL ACTIVITIES: Distribution of newspapers and periodicals

Trade Names: A/S Bladkompagniet Principal Bankers: Den Danske Bank Financial Information:

Sales turnover

1984 DKr'OOO

1,255,060

Principal Shareholders: AfS A-Pressen; Det Berlingske Officin A/S; A/S Dagbladet Politiken


BOEL FOODS LTD (A/S) Nyhavn 20, 1051 Copenhagen K Tel: (01) 152230 Cable: Boelloods Copenhagen Telex: 22965 boelfd dk

Board of Directors: Esper Boel (Chairman), Helge Hassel, John Clement

Management: Eric Slieler (Managing Director), Gunnar Knudsen (Finance Director)

Senior Executives: Sven Gadegaard (Marketing Manager), J0rn Kofod (Factory Manager), Hans Ejlersen (Factory Manager)

PRINCIPAL ACTIVITIES: Production and sale of dairy products Trade Names: Boel, Rosenborg Parent Company: Unigate PLC, London Subsidiary Companies: Boel Mejerierne AfS; Boel Foods

Canada Ltd; Boel Foods International Inc Principal Bankers: Copenhagen Handelsbank Financial Information:

Sales turnover Profit belore tax Profit after tax Retained profit Share capital Shareholders funds


31.3.84 DKr'ooO 947,053

13,547 8,816 8,816

16,000 50,902

BOHNSTEDT -PETERSEN A/S K0benhavnsvej 31, 3400 Hiller0d Tel: (02) 26 33 55 Cable: Bobmotor Telex: 42102 bphill dk

Board of Directors: P Bohnstedt-Petersen, E Wagner Christensen

31.3.85 DKr'OOO

1,145,661 23,221 13,666 13,666 16,000 63,244

PRINCIPAL ACTIVITIES: Agents for motor vehicles including cars, buses, lorries, tractors, motor parts, aeroplanes and

7

DENMARK aeroplane components and equipment; agents for Daimler Benz AG, Gulfstream and Nokia AB, Merlin, Metro and Tacaro



1984 DKr'OOO

1,057,090 52,790


BORDING, F E, A/S Bording Group of Companies Datagarden, Tagensvej 86, DK-2200 Copenhagen N Tel: (01) 83 03 33 Cable: Febodata Telex: 19017 bodata dk Te/efax: (01) 83 01 11

Board of Directors: Hans Therp (Chairman), J0rgen Pedersen, Erik Holb011, Leif Hartwell, Ole Karlslund, Bente Abrahamsen, Reo Therkelsen, K-P Larsen

Board of Management: Vald Danielsen (President)

PRINCIPAL ACTIVITIES: Several companies operating in the graphic arts, business forms, computer, and business equipment industries

Subsidiary Companies: Bireka AfS; Bording Formulartryk AfS; Bording Grafik A/S; Anker Kuverter A/S; Koh-I-Noor AfS; Logatron A/S; Loria Jysk Grafik A/S; Bording Data A/S; M011er Landschultz AfS

Principal Bankers: Den Danske Bank A/S Financial Information: Group figures

Sales turnover net Profit before tax· Net profit Dividends Share capital Equity capital ·and extraordinary items


31.12.84 DKr'OOO 559,609 25,817 30,532

2,655 22,125 83,944

BP OLiE-KOMPAGNIET A/S Amaliegade 3, 1294 K0benhavn K Tel: (01) 15 54 55 Cable: Beepee Telex: 15022 bp dk

Chairman: 0 Grue Directors: J W Orange Senior Executives: K M Olesen, 0 E Thomsen

31.12.85 DKr'OOO 618,941 33,111 15,795 2,655

22,125 97,084

PRINCIPAL ACTIVITIES: Import, wholesale and retail fuel, crude oil and lubricating oil

Parent Company: The British Petroleum Company pJ.c., London Subsidiary Companies: BP Gas A/S; BP Kemi A/S; BP Energi

A/S; BP Tankskibsrederiet A/S; AfS Kaalunds Fabrikker; A/S 27.8.70

Principal Bankers: Den Danske Bank Financial Information:

Sales turnover Profit (loss) before tax Profit (loss) alter tax Retained profit (loss) Share capital


1984 DKr'OOO

6,786,901 (31,843) (31,843) (31,843) 425,000

BRDR SCHUR INTERNATIONAL A/S See SCHUR, BRDR, INTERNATIONAL A/S

1985 DKr'OOO

7,264,300 74,200 74,200 74,200

425,000

DENMARK

BR0DRENE DAHL A/S See DAHL, BR0DRENE, AjS

BRUEL & KJAER Naerum Hovegade 18, DK-2850 Naerum Tel: 452800500 Cable: Brukja Telex: 37316 bruka dk Telefax: Gr.3.45 2 804217

Directors: Per Bruel, Viggo Kjaer

PRINCIPAL ACTIVITIES: Manufacture of instruments for sound and vibrational measurement and medical diagnostic ultra sound equipment

Trade Names: B & K Subsidiary Companies: Bruel & Kjaer has subsidiaries in 19

countries Principal Bankers: Handelsbanken; Den Danske Banke


BRUUN & S0RENSEN A/S Aaboulevarden 22, DK-8000 Aarhus C Tel: (06) 124300, (06) 135244 Cable: Teknik Telex: 64592 bsheat dk; 64380 bsling dk

Board of Directors: Georg L0ber (Chairman), W Mikkelsen, Poul Jensen, Jens Rasmus Nielsen

PRINCIPAL ACTIVITIES: Electrical and mechanical installations, fire fighting systems, surveillance and alarm systems, industrial pipework, heating, ventilation, air-conditioning and sanitary systems, waste disposal systems, district heating systems, control panels, inter-communication systems, building design and contracting

Subsidiary Companies: Danish Turnkey Hotels A/S (Ltd); Dansk Jord-R0rentreprise A/S, Denmark; Bruun & Sorensen AG, Switzerland; Bruun & Sorensen GmbH, West Germany; Bruun & Sorensen AB, Sweden; Bruun & S0rensen A/S, Norway; Bruun & Sorensen Ltd UK; B & S International Sari, France

PrinCipal Bankers: Den Danske Provinsbank AjS Financial Information:

Sales turnover


BUTTERDANE

Andelssmer Amba 7 Niels W Gades Vej, DK-8000 Aarhus C Tel: (06) 143300 Cable: Butterdane, Aarhus Telex: 64449 b dane dk

Chairman: Bendt Bendtsen

DKr'OOO 400,000

Directors: Jens Majgaard, Walther Hubner, Gregers Jenssen-Tusch

PRINCIPAL ACTIVITIES: Production and marketing of butter Trade Names: Lurpak SubSidiary Companies: Butterdane (UK) Ltd; Danish Quality

Foods Ltd; Contact Speed ApS; Butterdane Trading A/S Principal Bankers: Privatbanken; Andelsbanken Financial Information:

Sales turnover Profit before tax Profit after tax Retained profit Dividends Share capital

30.9.84 DKr'OOO

2,305,831 35,988 35,988 11,785 24,203

7,509

30.9.85 DKr'OOO

2,018,336 40,964 40,964

8,794 32,170

7,509

Principal Shareholders: Major Danish Dairy Companies No of Employees: 72

8

CARL ALLERS ETABLISSEMENT A/S See ALLERS, CARL, ETABLISSEMENT A/S

CELEBRITY SLAGTERIERNE Gammelby Ringvej 1, 6700 Esbjerg Tel: (05) 12 55 00 Cable: Siagteriet Telex: 54194 celeb dk

PRINCIPAL ACTIVITIES: Manufacture of a wide range of meat products including tinned meat, fresh and frozen beef. pork and veal in vacuum packs, sausages and sliced meat products




CHEMINOVA A/S PO Box 9, DK-7620 Lemvig Tel: (07) 83 41 00 Cable: Cheminova-Lemvig Telex: 66514 chemv dk

Chairman: J0rgen Perdersen

1984 DKr'OOO

1,479,310 31,790

Directors: Arne V Jensen, Erling Kier, Henrik K Henriksen Senior Executives: Vilhelm Bang, (Director, Engineering and

Construction), Benny Nielsen (Director, Accounts and Credits), Hans Rasmussen (Director, Development and Research), Per Rasmussen (Director, Production), Bj0rn Albinus (Manager. Market Development). Kurt Aabo (Manager. Information). Willy Lauth (Manager, Purchasing), Ole Pipper (Manager. Production)

PRINCIPAL ACTIVITIES: Chemical manufacture of degradable pesticides and chemical intermediates

Trade Names: A/S Cheminova Principal Bankers: AjS Kj0benhavns Handelsbank Financial Information:

Sales turnover Share capital

31.12.84 DKr'OOO 862,233

50,000

31.12.85 DKr'OOO 971,065

50,000

Principal Shareholders: Research Foundation of Aarhus University


CHRISTIANI & NIELSEN A/S 41 Vester Farimagsgade, OK 1501 Copenhagen V Tel: (01) 14 12 33 Cable: Jernbeton Telex: 22336 CN OK

Board of Directors: Alex Christiani (Chairman). T Brag Nielsen (Vice Chairman), P Nyboe Andersen, Preben Dahl (Elected by the Employees), Ole Steen (Elected by the Employees)

Management: Sv Kaas Peterson (PreSident). J Carstensen (Executive Vice-President), Svend E Andersen (Vice President), H C Lindhardt Jacobsen (Vice President), Knud Kieler (Vice President), Sv Panduro (Vice President)

PRINCIPAL ACTIVITIES: Civil engineers and contractors; ports. shipyards, bridges, submerged tunnels and industrial buildings

Subsidiary/Associated Companies: Dansk Entrepren0rselskab Christiani & Nielsen A/S; Christi ani & Nielsen Ingenieurbau AG (Germany); Christiani & Nielsen Ltd (UK); Christiani & Nielsen Engineering Ltd (Guernsey); A/S Falkonercentret and others in Panama. Brazil, Thailand, Malaysia and Australia; Joint Ventures: Danish Arctic Contractors (16.66%) (Greenland) and others in Algeria. Egypt. Trinidad and Saudi Arabia

Principal Bankers: Copenhagen Handelsbank


Group sales turnover· Profit before tax Profit after tax Dividends Share capital Shareholders funds ·value of work carried out

No of Employees: Group 6,100

31.12.84 DKr'OOO

1,400,567 84,928 35,547

8,640-72,000

145,960

COLGATE-PALMOLIVE A/S Smedeland 9, DK-2600 Glostrup Tel: (02) 96 12 34 Cable: Palmolive Telex: 33113

31.12.85 DKr'OOO

1,222,035 28,227 23,400

72,000 139,068

Board of Directors: H Holm-Nielsen (Chairman), N Pearson, F Gottlieb Hansen, G Jonsson, J Lauridsen, 0 Ramberg

PRINCIPAL ACTIVITIES: Hair preparations, skin cream, toothpaste, soaps and household products

Parent Company: Colgate-Palmolive Company, New York, USA Principal Bankers: Privatbanken Financial Information:

Sales turnover


1984 DKr'OOO 493,580

COPENHAGEN HANDELSBANK A/S (AKTIESELSKABET KJ0BENHAVNS HANDELSBANK) Holmens Kanal 2, DK-1091 Copenhagen K Tel: +45 1 128600 Cable: cocobank Telex: 12186 coco dk Telefax: +4526307 19 G1-3

Board of Directors: Professor Bernhard Gomard (Chairman), Niels Thorsen (Deputy Chairman and Managing Director), Christian Arnstedt, Niels B Bruel (Managing Director), P T0nnesen (Managing Director), Jens W Werner (Managing Director), John Agerholm (Elected by the Bank's staff, Deputy Manager, Copenhagen Handelsbank A/S), Tove Andersen (Elected by the Bank's staff, Deputy Manager, Copenhagen Handelsbank A/S), Inge Nielsen (Elected by the Bank's staff, Branch Manager, Copenhagen Handelsbank A/S), Poul Erik Milh0j (AppOinted by the Ministry of Industry)

Board of Management: Bendt Hansen (Managing Director and Chief Executive), H C Bang (Managing Director), Egon Jensen (Managing Director), S0ren M011er Nielsen (Managing Director)

General Managers: J0rn Andersen, Cato Baldvinsson, H Baroudy, Preben Bisgaard, Birte Roll Brandt, Mogens Dyhr, Ditlev Engelholm, Niels Hansen, Bo Jagd, Jens Frederik Jensen, Ole J0rgensen, Boris Kreilgaard, Svend Ka9stel, Poul Lorenzen, H Martensen, Poul Mathiesen, J0rgen Pern0, Eli Therkildsen, J0rgen Wichmann

PRINCIPAL ACTIVITIES: Banking International Subsidiary: Copenhagen Handelsbank International

SA, Luxembourg (100%). International Affiliates: Manufacturers Hanover Banque Nordique, Paris, France (10%); Nordfinanz-Bank Zurich, Zurich, Switzerland (9%). Foreign Branches: London Branch, England; Los Angeles Overseas Branch, USA; New York Branch, USA; Singapore Branch, Singapore; Grand Cayman Branch. Representative Offices: Sydney, Australia; Hong Kong; Tokyo, Japan; Fuengirola/Malaga, Spain; Stockholm, Sweden; Nice/France, France. Consultants Offices: Tokyo, Japan; Makati Manila, Philippines

9


31.12.84 DKr'OOO

Turnover 7,655,604 Profit before tax 571,320 Profit after tax 439,445 Retained profit 279,445 Dividends 156,000 Dividends per share 15% Earnings per share 42.25DKr Share capital 1,040,000 Shareholders funds 3,921,225 Deposits 71,113,157 Total assets 91,297,384

No of Employees: 5,792 (Heads Full time staff)

CWS SVINESLAGTERIER A/S Herning Svineslagteri Danmarksgade, Postboks 510, 7400 Herning Tel: (07) 12 53 33 Cable: Siageriet Telex: 62117

Board of Directors: G Pedersen

31.12.85 DKr'OOO

8,560,261 2,718,194 1,433,215 1,231,965

197,250 15%

100.96DKr 1,446,500 5,348,036

95,789,904 129,634,742

PRINCIPAL ACTIVITIES: Meat and meat products PrinCipal Bankers: Midtbank Financial Information:



DAELLS VAREHUS A/S N0rregade 12, 1198 K0benhavn K Tel: (01) 12 78 25 Cable: Daells Varehus Telex: 16825 dava dk

1984 DKr'OOO

1,244,730 37,500

Board of Directors: Kurt Daell (Chairman), H Klingaa, K Jakobsen, M Trepka, P QVist-S0rensen

PRINCIPAL ACTIVITIES: Department stores Principal Bankers: Den Danske Bank af 1871 Financial Information:

Turnover


1984 DKr'OOO 837,650

DAGBLADET POLITI KEN AKTIESELSKABET See POLITI KEN, DAGBLADET, AKTIESELSKABET

DAGROS A/S Gammelager 13, 2600 Glostrup Tel: (02) 45 14 14 Telex: 33458 sthyr dk

Board of Directors: J Vitus Nielsen, Ebbe Dinesen, Heinrich Kusch

PRINCIPAL ACTIVITIES: Import and distribution of a wide range of grocery products including coffee, tea, meat and meat products, fresh and frozen fish, dairy products, confectionery; wines and spirits, tobacconists' supplies


Sales turnover


DKr'OOO 1,800,000

DENMARK

DAHL, BR0DRENE, AtS Park Aile 370, DK-2600 Glostrup Tel: (02) 45 01 45 Cable: Brodrenedahl Telex: 22385

Board of Directors: Jens Thorsen (Chairman), B J Le Favre Senior Executives: Per Moeller (Chief of Finance)

PRINCIPAL ACTIVITIES: Wholesale trade: tubes and pipes, fittings, sanitary appliances, hospital and marine heating equipment, non-ferrous metals, equipment for water supply and sewerage, contractors and plumber's tools

Parent Company: Dahl Invest International AS Subsidiary Companies: Br0drene Dahl Handelsaktieselskab,

Denmark; Br0drene Dahl AfS, Norway; Fosselius & Alpen AB, Sweden; Dahl Brothers Ltd, UK




1984 DKr'OOO

2,882,385 25,840

DALHOFF LARSEN & HORNEMANN AtS Naverland 2, 2600 Glostrup Tel: (02) 45 56 11 Cable: Northwood Telex: 33425 dlk dk

Senior Executives: J Horneman, N Thostrup

PRINCIPAL ACTIVITIES: Import and trade in timber Financial Information:



DAN FOSS CONCERN (THE) DK-6430 Nordborg Tel: +45 4 45 22 22 Cable: Danfoss 6430 Nordborg Telex: 50599

1984 DKr'OOO

1,642,970 66,395

Supervisory Board: Erik Mollerup (Chairman), Mrs D Clausen (Vice Chairman), Harald Agerley, Bent M Christensen, Joergen M Clausen, Bernhard Gomard, J0rgen Hornsh0j Jensen, Mrs Bente Skibsted, Henning Wendelboe

Management Board: Harald Agerley (President), Peter HansenDamm (Vice President), Henry Petersen (Vice President)

Executive Officers: Jens Gammelby (General Manager, Automatic Controls Group), Finn Rask Pedersen (General Manager, Transmission Group), Bent E Skjerning (General Manager, Building Controls Group), Vagn Bender (General Manager, Hydraulics Group), H Agerley (General Manager, Burner Controls Group), Hans Joergen Gustavsen (General Manager, Compressor Group), John Kristensen (General Manager, International Sales Group), Peter Hansen-Damm (General Manager, Finance and Planning), Ole Moeller-Olsen (General Manager, Personnel), Evald Rasmussen (General Manager, Purchasing)

PRINCIPAL ACTIVITIES: Production and sale of refrigeration controls, industrial automatics, electrical drives and controls, controls for heating plant, comfort control systems, components for burners and boilers, components for hydraulics, compressors and thermostats for regrigerators and freezers

Trade Names: Danfoss Parent Company: Danfoss A/S Subsidiary Companies in Europe and North America: Danfoss

A/S; Danfoss International A/S; Als Motor A/S; Nord-Als Faergefart A/S; H Soendergaard AfS, Ingenioerfirma; Danfoss System Hydraulik A/S, Denmark; Danfoss AB; Kontroll-

10

Automatik Fabriks AB, Sweden; OY Danfoss AB, Finland; Danfoss Norge A/S, Norway; Danfoss Ltd, Dean & Wood (London) Ltd; Flowmetering Instruments Ltd, UK; DanfossFlensburg GmbH; Danfoss-Werk Offenbach GmbH; Danfoss Handelsgesellschaft mbH, Germany; Itho BV; Danfoss BV, Netherlands; NV Danfoss SA, Belgium; Danfoss SARL, France; Danfoss Holding und Finanz AG; Danfoss Service Shop AG; Werner Kuster AG, Switzerland; Danfoss SA, Spain; Danfoss (Portugal) Equipamentos Elactricos Automaticos Lda, Portugal; Danfoss Manufacturing Company Ltd, Canada; Danfoss Inc; Hampton Products Company Inc, USA and others in Brazil, Argentina, Japan and Australia

Principal Bankers: Copenhagen Handelsbank Financial Information:

30.9.84 DKr'OOO

Sales turnover 4,730,000 Profit before tax 390,000 Profit after tax 251,700 Retained profit 219,700 Dividends 8% Share capital 400,000 Shareholders funds 2,598,300

Principal Shareholders: The Bitten and Mads Clausen Foundation


DANIMERCO (AtS) Smedeland 22, 2600 Glostrup Tel: (02) 96 22 44 Cable: Imercotrade Telex: 33354 imerco

Chairman: Kaj Holmbom Directors: Ivan Heine Hermansen

30.9.85 DKr'OOO

5,107,600 302,000 190,000 158,000

8% 400,000

2,744,900

PRINCIPAL ACTIVITIES: Buying organisation for a voluntary chain of independently owned retail merchants which includes hardware stores and builder's merchants

Trade Names: Jelling, Rebild, Ironside Associated Companies: AfS Insa; A/S Daba-Buggekram; A/S

K0kkenmester Principal Bankers: Den Danske Bank af 1871 A/S; Sparekassen

SDS Financial Information:

1984 DKr'OOO

Sales turnover 1,176,188 Profit before tax 7,470 Profit after tax 5,442 Retained profit 5,248 Dividends 194 Share capital 4,942 Shareholders funds 61,534


DANISCO (AKTIESELSKABET) 58 Fabriksparken, DK-2600 Glostrup Tel: 45 2 45 21 33 Cable: Danisco Telex: 33251 danico dk

Chairman: Erik B Rasmussen

1985 DKr'OOO

1,434,515 12,809 14,150 13,966

194 4,942

73,842

Directors: 0 Damgaard-Nielsen (Managing Director) Senior Executives: E 0 Rogren (Assistant Director, Group

Management), G Hansen (Assistant Director, Group Management)

PRINCIPAL ACTIVITIES: Parent company for a group of Danish Companies with interests in ingredients for the food industry, pharmaceuticals and civil engineering consultancy

Subsidiary/Associated Companies: Grindsted Products AfS; I Kruger AfS; Danisco Bioteknologi AfS; Syntetic AfS; Lenfos A/S; Grindsted Products GmbH (Germany); Grindsted Products Ltd (UK); Grindsted France Sari (France); Sobalg SA

(France); Grindsted Products Inc (USA); Grinsted de Mexico SA de CV (Mexico); Grindsted do Brasil Uda (Brazil); Nippon Grindsted KK (Japan); Intercolloid SA (Switzerland); Industrias Cemar SA (Spain); Kruger International SA (Belgium); I Kruger GmbH (Germany); I Kruger International Contracting AS; Enviroplan AfS; I Kruger Off-Shore AS; K'xK Consult ApS; Chemcontrol AfS; Myceta SA (Switzerland); Indawisa Holding AG (Switzerland)

Principal Bankers: Privatbanken A/S Financial Information:

Sales turnover Profit before tax Profit after tax Dividends Share capital Total equity capital


31.12.84 DKr'OOO

1,596,784 154,498 112,750 23,589

131,049 608,348

31.12.85 DKr'OOO

1,768,157 189,147 106,162 23,589

131,049 674,738

DANISH CROWN MEAT PACKERS Jens Holmsvej 40, 6000 Kolding Tel: (05) 52 12 11 Cable: DANCROWN Telex: 51 338 Crown dk

Chairman: E M Platz (Chairman), K Bertelsen (Managing Director), Viggo Kristensen, Svend Agerskov

Management: K Bertelsen (Managing Director) Senior Executives: Peder A Moos

PRINCIPAL ACTIVITIES: Slaughtering of pigs and cattle, and processing into bacon, canned meats, sausages, delicatessen, smoked products, fresh and frozen products

Trade Names: Danish Crown Principal Bankers: Privatbanken A/S; Den Danske Bank A/S Financial Information:



1984 DKr'OOO

1,422,275 34,740

DANMARK, MEJERISELSKABET, AMBA Skanderborgvej 277B, 8260 Viby J Tel: 06-28 1000 Telex: 68700 mejdan dk

Board of Directors: Rs Jensen (Chairman) Management: E Sk0dt (Managing Director) Senior Executives: J Bigum (Finance Manager), H P Serensen

PRINCIPAL ACTIVITIES: Dairy products including butter, cheese, liquid milk, yoghurt

Subsidiary/Associated Companies: Danos International amba; Dairy Danmark International (001); MD-Holding AjS; Dansk Ost Amba (99%); Dan-Maelk Amba (73%); Butterdane (60%); SAM DEN (85%); Holstebro (95%); AKAFA Amba (23%); ARINCO (19%)

Principal Bankers: Andelsbanken; Den Danske Bank; Handelsbanken; Jyske Bank; Privatbanken; Sparekassen Sydjylland


30.9.84 DKr'OOO

Sales turnover 6,456,047 Profit before tax 55,121 Profit after tax 298,697 Equity capital 397,294

Principal Shareholders: 14,000 co-operative members No of Employees: 3,716

30.9.85 DKr'OOO

8,659,861 452,711 445,711 704,834

11

DENMARK

DANMARK, OLIESKABET, AMBA Temmervej 5-7, Postboks 2309, 8260 Viby J Tel: (06) 11 69 11 Cable: Andelskul Telex: 68613 danoil dk

Board of Directors: Palle Holst (Managing Director), M Poulsen

PRINCIPAL ACTIVITIES: Wholesale trade in fuel Principal Bankers: Andelsbanken Financial Information:



DANMARKS NATIONALBANK 5 Havnegade, 1093 Kebenhavn K Tel: (01) 141411 Cable: Nationalbanken Telex: 27051 Natbk dk

Chairman: P Nerregard Rasmussen

1984 DKr'OOO

1,916,450 27,120

Governors: E Hoffmeyer, 0 Thomasen, R Mikkelsen

PRINCIPAL ACTIVITIES: Central bank of Denmark Financial Information:

Profit before allocations" Profit after allocations" General capital fund Total net capital Deposits etc. Total assets "to reserves


DAN MARKS-RADIO TV-Byen, 2860 Seborg Tel: (01) 67 1233 Cable: Danradio Telex: 22695 Danrad dk

Chairman: Birthe Weiss Directors: Hans Jergen Jensen

31.12.84 DKr'OOO

3,941,170 3,073,170

50,000 24,552,000

105,428,640 167,480,240

31.12.85 DKr'OOO

3,023,190''' 3,023,190

50,000 24,552,000 50,990,267

111,036,123

PRINCIPAL ACTIVITIES: National broadcasting company Trade Names: DR Financial Information:



31.12.84 DKr'OOO

1,637,000 52,000

DANNEBROG V JERFT AS Dannebrog Shipyard Ltd Balticagade PO Box 23, DK-8100 Aarhus C Tel: +456134000 Cable: Flydedokken Telex: 64462 dokken dk Telefax: +456-134038

Chairman: Ebbe Wedell-Wedellsborg Directors: Th Duer

31.12.85 DKr'OOO

1,718,973 24,230

Senior Executives: H 0 Petersen (FinanCial Executive), J Arild Nielsen (Newbuilding Executive), Hans J Henriksen (Repair Executive)

PRINCIPAL ACTIVITIES: Shipbuilding and shiprepairing Parent Company: Holdingaktieselskabet Dannebrog Subsidiary Companies: Dannebrog Container & Marine Services

AS Principal Bankers: Den Danske Provinsbank AjS


Sales turnover Profit before tax Profit after tax Dividends Share capital Shareholders funds

31.12.84 DKr'OOO 267,788 39,129 39,129 20,000 3,500

49,348

Principal Shareholders: Holdingaktieselskabet Dannebrog No of Employees: 600

DANPO A/S GI. Hobrovej 49, DK-8900 Randers Tel: (06) 42 56 00 Cable: fjerkrae Telex: 65106 DANPO OK

Chairman: Ib Frederiksen Directors: K E Ravn Senior Executives: J T Soerensen (Production Manager)

PRINCIPAL ACTIVITIES: Frozen poultry and poultry products Trade Names: DANPO


DANSK ESSO A/S .§ankt Annae Plads 13, DK-1298 Koebenhavn K

Tel: (01) 142890 Cable: Esso Telex: 27135 dk

Board of Directors: Jens Munk Andersen (Chairman), Ole Buhl, E Ammitzb011 Jensen, Poul E Luxh0j, Lars H Jensen (Employees' Representative), Bjarne Petersen (Employees' Representative)

Board of Management: Samuel A Caskey, Poul E Luxh0j

PRINCIPAL ACTIVITIES: Oil refining and refinery by products; oil and gas burners for domestic and industrial applications; tanker shipping services

Parent Company: Exxon Corporation (100%) SubSidiary Companies: Esso Depotselskab A/S; Aktieselskabet

af 2 marts 1926; Anpartsselskabet af 9 maj 1951; Esso Gas ApS; P/f Esso Torshavn; Esso Administration ApS. Associated Companies: Det Gr0nlandske Olieaktieselskab (25%); A/S Hydrantanlmgget (20%); Ejendomsaktieselskabet af 12. juni 1964 (34%); K/S Ejendomsselskabet af 8. oktober 1965 (34%)

Financial Information: Consolidated figures

Sales turnover inc tax Gross operating revenue Profit (loss) before tax Profit (loss) after tax Retained profit Dividends Dividends per share Share capital Shareholders funds

No of Employees: 990 Esso A/S

DANSK INTERPARES A/S Holmstrupgaardvej 20, 8220 Brabrand Tel: (06) 240233 Cable: Interpares Telex: 64147 ipare dk

31.12.84 DKr'OOO

9,194,900 6,357,000

(28,700) (11,900) 241,700 37,500

12.5DKr 300,000 640,600

Board of Directors: Director Henning Svendsen (Chairman) Management: J0rn Larsen (Managing Director) Senior Executives: Lars Steffensen (Signing Clerk), Erik

Knudsen (Signing Clerk)

12

PRINCIPAL ACTIVITIES: Purchasing and sales organization which represents certain of the most important timber and building materials companies in Denmark, dealing in timber, sheet products, insulating materials, roofing materials, flooring, wall and ceiling panels, fixtures and equipment, hardware, tools, various plumbing, heating, sanitary appliances, house, garden hobby articles and similar items. The Organization represents 75 companies, 65 of which have D-I-Y centres.

Principal Bankers: Jyske Bank A/S Financial Information:

31.12.84 31.12.85 DKr'OOO DKr'OOO

Sales turnover 1,431,134 1,659,922 Profit before tax 3,798 6,166 Profit after tax 3,682 5,997 Retained profit 3,663 5,978 Dividends 6% 6% Share capital 315,000 315,000 Shareholders equity 15,614,000 21,321,000

No of Employees: 42

DANSK LANDBRUGS GROVVARESELSKAB AMBA Danish Co-operative Farm Supply Ltd DLG Axelborg, Vesterbrogade 4A, DK-1503 Copenhagen V Tel:(01)151113 Telex: 22968 dig dk

Board of Directors: M Nielsen (Chairman), Aa Nielsen, K Sjoemann, E Buch Schmidt, Bent M Hansen (President), Mogens Olesen (~resident), M Jensen, K Jensen, Niels Bjerre, Niels Moeller, P Jensen

Management: Bent M Hansen (President), Mogens Olesen (President), B Jensen (Executive Vice-President, Import/Export), T V Rasmussen (Executive Vice-President), R Tiefenthal (Vice-President, Operations), V Skov Soerensen (Vice-President, Sales), F Rasmussen (Vice-President, Sales), E Albaek (Vice-President, Sales), A E Larsen (Vice-President, Sales), M Ullelund (Executive Vice-President)

PRINCIPAL ACTIVITIES: Grain, feedstuffs, fertilizers, chemicals and machinery; import, exports, wholesale and retail

Subsidiary/Associated Companies: Qvade & Co A/S; Andelsmaskiner A/S; Foreign Company; ESbjerg Kemikaliefabrik A/S; Dagri A/S; Dan-Kalk AfS; Indk0bsselskabet for Kali A/S

Principal Bankers: Andelsbanken A/S; Den Danske Bank A/S Financial Information:

Group turnover Profit before tax

Principal Shareholders: Farmers No of Employees: 2,130

DANSK OLiE OG NATURGAS A/S DONG Agern Aile 24-26, 2970 H0rsholm Tel: (02) 571022 Telex: 37322 oilgas dk Telefax: (02) 57 17 36

1984 DKr'OOO

8,675,230 78,400

Board of Directors: Holger Lavesen (Chairman), Michael Lunn (Deputy Chairman), Erling J0rgensen, Erik Mollerup, Leonhard Schr0der, Peter Wiese, Thorkild Meiner-Jensen, (Staff Representative), Benny C Rasmussen (Staff Representative), Arne Rosenkrands Larsen (Staff Reprflsentative)

Management: J0rgen Ancher H0Y (Chief Executive Officer), Peter Skak-Iversen, Hans J0rgen Rasmusen

PRINCIPAL ACTIVITIES: Exploration lor, transport of and trade with oil and natural gas

Subsidiary Companies: Dansk Naturgas A/S; Dansk Olie og Gasproduktion A/S; Dansk 0lier0r A/S; Dansk Olielorsyning A/S


31.12.85

DKr'OOO

Sales turnover 4,549,000

Share capital 2,013,600

Principal Shareholders: The Danish State (100%)


DANSK OST AMBA Skanderborgvej 277B, DK-8260 Viby J

Tel: (06)28 10 00

Telex: 6 87 85 danost dk

Telefax:(06) 28 16 91

31.12.86

DKr'OOO

4,379,000

2,048,600

Board of Directors: Jens Thomsen (Chairman), Verner Christensen (Vice-Chairman), Sigurd Madsen, Jacob Pedersen, Arne J0rgensen, J L Bach, H P S0rensen, Kai Brrendgaard, Frede e!stergaard, Christen Moestrup, Jens Simonsen

Management Board: Finn A Christiansen (Managing Director), P Sloth (Exports Director), Ole Thing (Marketing Director)

PRINCIPAL ACTIVITIES: Sale 01 cheese worldwide

Trade Names: Dofo, Buko, H0ng, Rasmus, Chesco

Subsidiary Companies: Amba-Ship ApS; Chr Jacobsen Jun. Ost Engros Export ApS; Chr Jacobsen Jun. GmbH (Germany); Svenska H0ng-Buko AB (Sweden); Dofo Italia S.r.1. (Italy); Dofo Cheese Inc (USA); Dolo Cheese Canada Ltd (Canada); Dolo Deutschland (Germany); Fyns Food Products Ltd (UK); Danos Cheese Vertriebsgesellschaft mbH (Germany)

Principal Bankers: Andelsbanken A/S (The Cooperative Bank Inc.)


30.9.84

DKr'OOO


Profit before tax 63,100

Profit after tax 62,100

Retained profit 10,200

Dividends to members 51,900

Ordinary capital 112,000 Total equity 165,100


DANSK SHELL (AS) Kampmannsgade 2, 1604 Copenhagen V

Tel: +451-125340

Telex: 22242 shell dk

29.9.85

DKr'OOO

4,245,200

81,800

80,700

23,000

58,600

112,000

187,100

Supervisory Board: Greve Flemming af Rosenberg (Chairman)

Management Board: M v.d. Witten boer, H Hven, P Hansen, A Jamieson

PRINCIPAL ACTIVITIES: Import and refining of crude oil and distribution of oil products

Parent Company: The Shell Petroleum Company Ltd

SubSidiary Companies: Colas Vejmateriale AfS; Dansk Styropack A/S; K Balling-Engelsen AfS; Shell Farm A/S; 10 Shell Centres; Ekvidan A/S; A/S Shell Service; Metax-Olie A/S; Shell Handel A/S; Hovedstadens Kulimport A/S

Principal Bankers: Privatbanken A/S

13


31.12.84 DKr'OOO

Turnover excl. VAT 7,415,784 Profit before tax 270,875 Prolit after tax 170,287 Dividends 100,000 Share capital 250,250

No of Employees: 732 Company, 2,200 Group

DANSK SOJAKAGEFABRIK APS OS Industries

31.12.85 Dkr'OOO

7,612,023 237.325 112,260 125,000 250,250

Danish Soyacake Factory (Pvt) ltd Islands Brygge 24, 2300 K0benhavn S Tel: (01) 54 66 00 Cable: Sojakage Telex: 31313 dasoy dk

Chairman: 0 F Andreasen Directors: F Moener Senior Executives: M T Munch, M Kjaer, K Gotfredson, E

Brandt, K Stadel Nielsen, K Toft, J Skovgaard Jensen

PRINCIPAL ACTIVITIES: Refined, hydrogenated vegetable and animal oils and lats, feedstuff, fatty acids, ester products, chlorine and alkali products, coffee, tea, rice etc

Parent Company: The East Asiatic Company Limited, Copenhagen (100%)

Subsidiary Companies: ApS Fabriken Noma; Wickhen-DS Industries Ltd ApS; Edelfettwerke-DS Industrie ApS

Principal Bankers: Den Danske Bank; Hambros Bank Ltd; Scandinavian Bank Ltd; M M Warburg-Brinckmann; Wirtz & Co; Bank Mees & Hope NV


Sales turnover Pro lit belore tax Profit after tax Dividends Share capital Shareholders funds


DANSK SUPERMARKED A/S B J0dstrupvej 18, 8270 H0sbjerg Tel: 06.27.55.66 Telex: 64645 salbuy dk Telefax: 06.27.65.63

Board of Directors: H Salling, M Absalonsen

31.12.84 DKr'OOO 868,988

2,049 2,049 2,049

150,000 153,337

PRINCIPAL ACTIVITIES: Chain of supermarkets, discount stores and superstores

Trade Names: Bilila, F0tex, Netto Principal Bankers: Provinsbanken Financial Information:

Sales turnover


DANSKE ANDELSSLAGTERIERS KONSERVESFABRIK AMBA K0benhavnsvej 35-39, 4000 Roskilde Tel: (02) 35 25 00 Cable: Dak Telex: 43121 dakham dk Telefax: 02 35 28 77

Chairman: Sv S0nnichsen Directors: Christen Hviid

DKr'OOO 2,500,000

Senior Executives: J0rgen Madsen, Egon Krogh, Vagn S M011er

PRINCIPAL ACTIVITIES: Meat and meat products

DENMARK Trade Names: DAK Meat Packers, United Meat Packers Parent Company: Vestjyske Siagterier AmbA Principal Bankers: Den Danske Bank Financial Information:

Sales turnover


1984 DKr'OOO 583,000

DANSKE BANK AF 1871, DEN, A/S 12 Holmens Kanal, DK-l092 Copenhagen K Tel: 45 1 156500 Cable: DENDANSKE Telex: 27 000

1985 DKr'OOO 665,000

Board of Directors: Poul J Svanholm (Chairman), Flemming Count of Rosenborg (Deputy Chairman), Palle Marcus, Henning Mikkelsen. Frederik Chr Obel. Anders 01gaard, Steen Engel, Jonna Schou, Kirsten S0rensen, Aage Stougaard Pedersen, Thorkil Zederkof

General Management: Tage Andersen (Chief Executive), Erik Bagger, Knud S0rensen, John Rammer, Peter Straarup, Henrik Thufason

Executive Vice Presidents: Joergen Melchior, Jakob Brogaard. Flemming Duus, Ib Christiansen, Bjarne Jensen, Torben Jantzen, Georg Yelken, Mogens Laursen. International Department: Jesper Christensen (Vice President, Foreign Exchange). Credits Department: Jakob Brogaard (Executive Vice President). Merchant Bank, Energy Department, International Capital Markets: Georg Yelken (Executive Vice President). Trust and Custody Department: E Wolter (Senior Vice President)

PRINCIPAL ACTIVITIES: Commercial banking Subsidiary Bank: Den Danske Bank International SA,

Luxembourg Financial Information: Consolidated figures

31.12.84 31.12.85

Profit before tax Net profit Retained profit Dividends Share capital Shareholders equity Deposits Total assets


DKr'Ooo 566,000 358,000 178,000 180,000

1,200,000 5,283,000

51,139,000 104,540,000

DKr'OOO 3,643,000 1,877,000 1,680,000

197.000 1,417,500 7,497,000

62,607,000 129,035,000

DANSKE, DET, LUFTFARTSELSKAB$ A/S DOL Danish Air Lines Industriens Hus, H C Andersens Boulevard 18, Dk-1553

K0pbenhavn V Tel: 01 14 13 33 Cable: Danairlines Telex: 22437 ddl dk

Board of Directors: Haldor Tops0e (Chairman). K Bredahl, Count Flemming of Rosenborg, Niels Frandsen, J L Halck (Vice-Chairman), Svend Aage Heiselberg, Povl Hjelt, Kaj Jkat, Mogens Pagh, Jimmy Stahr

Management: Roald S0kilde (Managing Director)

PRINCIPAL ACTIVITIES: A non-operating airline company (holding company). The activities of DDL are carried on through part-ownership of Scandinavian Airlines System (SAS) and Scanair

Associated Companies: Scandinavian Airlines System (28.6%); Scanair (28.6%)

Principal Bankers: Den Danske Bank af 1871 A/S; A/S Kj0benhavns Handelsbank

14


Profit before tax Profit after tax Dividends(l ) Dlvldends(2) Share capital Total equity (1 )to series C Capital Stock (2)to series A Capital Stock

30.9.84 DKr'Ooo 374,600 336,194

7,700 11,176 85,800

938.817

30.9.85 DKr'ooO 331.426 291,579

7,700 11,176 85,800

1,161,491

Principal Shareholders: The Danish state (50%); Private stockholders (50%)

No of Employees: Group 28.526

DANSKE K0LEHUSE "COLD STORES", DET, A/S Galgebjergvej 2, DK-60oo Kolding Tel: (05) 538122

PRINCIPAL ACTIVITIES: Cold store warehouses Parent Company: De Forenede Bryggerier A/S Financial Information:


1984 DKr'OOO

1,489,770 3,810


DANSKE PELS AUKTIONER Danish Fur Sales Dansk Pelsdyravlerforening Danish Fur Breeders Association Langagervej 60, DK-2600 Glostrup Tel: (2) 96 71 22 Cable: Danfursale Telex: 33171 dnfur dk Telefax: (2) 45 25 46

Chairman: Anders Kirkegaard Directors: Peter H Krag (Managing Director), Kaj Due (Sales

Director) Senior Executives: H Oevlisen (Financial Director). K Oertenblad

(Production Director), P Lewinsky (Deputy Managing Director), E Neergaard (Sales Manager)

PRINCIPAL ACTIVITIES: Grading and auction selling of fur skins, mainly Danish, Swedish and Norwegian mink and fox skins. Wild furs and farmed furs from fur producing countries all over the world

Trade Names: Danish Fur Sales, Copenhagen Fur Center, Copenhagen Label

Subsidiary Companies: Copenhagen Fur Center BV, Netherlands

Principal Bankers: Andelsbanken AS Financial Information:

Sales turnover Profit before tax Profit after tax Capital

14.8.85 DKr'OOO

2,560,000 26,028 24,428

191,000

Principal Shareholders: Sales Association No of Employees: 400

DANSKE SPRITFABRIKKER A/S (DE) Raffinaderivej 10. 2300 Copenhagen S Tel: (01) 57 11 80 Cable: SPRIT Telex: 31301 SPRIT Facsimile: (c) 1543669

Chairman: S T Langebaek

14.8.86 DKr'OOO

1,870,000 3,900 2,700

214,000

Directors: P Heegaard, A Petersen, H-H Nehammer

Senior Executives: H Andersen, K Beier, K Friis-Hansen, J J Madsen, A Thuesen, E Thygesen, K J Rosen, L Olsen, E Nilsson

PRINCIPAL ACTIVITIES: Manufacture of yeast, crisps, snacks; akvavit, bitters and other spirits; agents for cognac, whiskies and foreign liqueurs; ethyl alcohol

Trade Names: Aalborg Taffel Akvavit, Aalborg Jubilaeums Akvavit, Gammel Dansk Bitter Dram, Maltese Cross Yeast

Subsidiary/Associated Companies: Bahckes Delikatessefabrikker A/S; Better Brands Ltd A/S; Skaelsk0r Frugtplanlage A/S (47%); Dan-Pikant AjS; Havnem011erne Fredericia-Odense-K0benhavn A/S (50%); Vendelbo Konserves A/S (40%), Denmark; DDSF Berlin GmbH; Danish Fast Food Products GmbH & Co KG (50%), Germany; ABChips (18.3%), Finland


Group turnover Profit before tax Profit after tax

Retained profit

Dividends Share capital

31.12.84 31.12.85 DKr'OOO DKr'OOO

1,823,179 1,953,856 120,603 148,722

62,653 70,773 49,303 55,473 13,350 15,300 89,000 99,000

Total equity capital 370,278 434,034

No of Employees: 557 (Parent Company); 1,472 (Group)

DANSKE STAALVALSEVAERK, DET, A/S Danish Steel Works Ltd DK-3300 Frederiksvaerk Tel: (02) 120333 Cable: Danstaal Telex: 40191 staal dk

Board of Directors: Kristian Mogensen (Chairman), Reidar Klausen (Vice Chairman), Kai Engell-Jensen, Verner Jensen (Elected by the Employees), Knud Erik Jorgensen (Elected by the Employees), H Maegaard Nielsen, Steffen Moller, Niels Thorsen, Ib Kjoller (Nominee director appointed by the Danish Ministry of Industry), Villy Wojtynka (Elected by the Employees), Aksel Nielsen, Leif Randlov (Elected by the Employees), Erland Thrane

Management: K Staiisholm-Pederson (Managing Director), Flemming Knudsen (Director, Finance), Per Krogh Jensen (Director, Sales)

PRINCIPAL ACTIVITIES: Steelmaking; heavy plates, shipbuilding plates, structural plates, boiler plates and plates for the off-shore industry; merchant bars, rounds, flats, wire rods and reinforcing bars

Trade Names: Det Danske Staalvalsevaerk A/S Subsidiary Companies: Dansteel Ltd, UK; Danstaal Armering

ApS, Denmark Principal Bankers: Den Danske Bank, Handelsbanken Financial Information:

31.12.84 DKr'OOO

Sales turnover 1,309,204 (Loss) before tax (36,274) (Loss) after tax (36,274) Retained (loss) (36,274) Share capital 180,000 Shareholders funds 16,509

31.12.85 DKr'OOO

1,502,531

(4,406)

(4,406)

(4,406)

180,000

12,103

Principal Shareholders: The State of Denmark (The Ministry of Industry)


15

DENMARK

DANSKE SUKKERFABRIKKER A/S (DE) Danish Sugar Corporation Ltd (The) DDS 5 Langebrogade, PO Box 17, DK-1001 Copenhagen K

Tel: (01) 54 61 30

Cable: Sukkerfabrikker

Telex: 31430 dansuk dk

Board of Directors: Knud Over0 (Chairman), Hugo Schr0der (Deputy Chairman), Otto B Christensen, John Hansen (Elected by the Employees), Bent Chr Helt (Elected by the Employees), Jon Krabbe, Andreas Toft Fensvig, Helmuth Petersen (Elected by the Employees), Bendt Roersted

Management Board: H Bruniche-Olsen (Chief Executive), Palle Marcus (Deputy Chief Executive), A Gybel, J Skytte, E Vinum

Senior Executives: N J Loft (Deputy General Manager), E Wahl (Deputy General Manager), J Lund (Assistant General Manager), R Frik Madsen (Director of Research)

PRINCIPAL ACTIVITIES: Production and sale of sugar, breeding and production of sugar beet seed, export of sugarprocessing plant and machinery and technological knowledge, development and production of ultra- and hyperfiltration systems; manufacture of machinery and complete factory plants for the food industry, and the manufacture of paper and packaging

Trade Names: Dansukker, DDS, Maribo

Group Companies: Pasilac-Danish Turnkey Dairies A/S; Moeller & Jochumsen AjS; De Forenede Papirfabrikker AjS; A/S Niro Atomizer; Pasilac AjS; Novenco A/S (92%); H0jbygaard Papirfabrik AjS; Commodania A/S; Melasco A/S (50%); Colon Emballage A/S (50%); Denmark; Ingolf Wesenberg & Co A/S (50%), Norway; Dansukker Distribution (UK) Ltd (67%); AngloMaribo Seed Co Ltd; Battle & Webb Ltd, UK; Maribo Selection SARL; Maribo France SA, France; Maribo Italia SpA, Italy; Maribo Espana SA, Spain; DDS-International SA, Luxembourg; Seed Scan International AB (50%), Sweden; DDS-Engineering Inc, USA; CEASA (49%), Argentina

Principal Bankers: Privatbanken AjS; Den Danske Bank of 1871 AjS


30.4.85 30.4.86

DKr'OOO DKr'OOO Group sales turnover 8,797,727 8,588,024 Profit before tax 339,287 230,795 Profit after tax 202,921 243,599 Dividends· 78,697 78,697 Dividends per share· 12.5% 12,5% Share capital 629,574 629,574 Total equity capital 2,458,409 2,466,134 ·Parent Company Figures

No of Employees: 2,276 Parent Company, 10,186 Group

DANSKE TRAELASTKOMPAGNI, DET, A/S Teglholmsgade 6, 2450 K0benhavn SV Tel: (01) 313302

Cable: Stillingtrae

Telex: 15645

Answerback: DDTKBH

Chairman: Hans Werdelin

Directors: F Sehested, P Voigt

PRINCIPAL ACTIVITIES: Import and distribution, wholesale and retail of timber and other building materials

Subsidiary Companies: Det Danske Traalastkompagni Import og En Gros AjS; Det Danske Traalastkompagni Detail A/S; Carl R0nnow A/S



31.12.84 DKr'OOO

Sales turnover 1,558,873 Profit before tax 71,012 Profit after tax 44,643 Retained profit 30,603 Dividends 14,040 Dividends per share 12% Earnings per share 38% Share capital 117,000 Shareholders funds 375,000

Principal Shareholders: Handelsbanken; ATP No of Employees: 875

DATACENTRALEN AF 1959 (I/S) Retortvej 6-8, 2500 Valby Tel: (01) 468122 Cable: Datacentral Telex: 27122 DC DK Telefax: 451 168805 (International Call)

31.12.85 DKr'OOO

1,741,829 68,860 35,429 19,985 15,444

12% 27.5%

128,700 392,813

Board of Directors: Nils Bernstein (Chairman, Permanent Secretary to Minister of Finance), J U Moos (Managing Director), J E Askov, 0 Callesen, E V Rasmussen

Management: J U Moos (Managing Director)

PRINCIPAL ACTIVITIES: Data processing services; consultancy services

Trade Names: DC-Jura, DC-Host-Centre, DC-Plus, Phonetic Search

Principal Bankers: Handelsbanken Financial Information:

Sales turnover Profit before tax Profit after tax Equity capital

31.12.84 DKr'OOO 603,161

10,583 9,631

191,253

Principal Shareholders: Danish Government No of Employees: 1,514

OAT-SCHAUB AMBA Flaesketorvet 41, DK-1711 Koebenhavn V Tel: (01) 312033 Cable: Tripas Telex: 27100 tripas dk

Chairman: Vagn Skovsen Directors: Gunnar Christensen (Managing Director)

31.12.85 DKr'OOO 681,608 35,655 34,005

225,259

Senior Executives: J S0rensen (Director Meat, Homemarket, Beef, Export, Poultry), T Meldgaard (Director Meat, Overseas), C Eriksen (Director Meat, Homemarket, Pork, Lamb, etc), L Munkholm (Director Casings Production and Sale)

PRINCIPAL ACTIVITIES: Wholesale meat, meat products and sausage casings, mainly for export; collection, cleaning, sorting and sale of all pig-casings for all Danish pigbutcheries; sale of pork, calf, beef and poultry, and all products from these

Trade Names: Gourdane Principal Bankers: Andelsbanken A/S Financial Information:

1985 DKr'OOO

Sales turnover Share capital' Shareholders funds , Amba-Capital

1,260,000 965

49,500


1986 DKr'OOO

1,304,110 965

68,900

16

DELMEC-GRUPPEN Park Aile 373, 2600 Glostrup Tel: (02) 45 21 22 Telex: 33301 semeo dk

PRINCIPAL ACTIVITIES: Construction industry Financial Information:


No of Employees: 2.200

DEN DANSKE BANK AF 1871 A/S See DANSKE BANK AF 1871, DEN, A/S

DET BERLINGSKE OFFICIN A/S See BERLINGSKE, DET, OFFICIN A/S

1984 DKr'OOO

1.090,910 2.470

DET DANSKE K0LEHUSE "COLD STORES" A/S See DANSKE K0LEHUSE "COLD STORES", DET. A/S

DET DANSKE LUFTFARTSELSKAB A/S See DANSKE, DET, LUFTFARTSELSKAB$ A/S

DET DANSKE STAALVALSEVAERK A/S See DANSKE STAALVALSEVAERK, DET, A/S

DET DANSKE TOBAKSAKTIESELSKAB IMGROS See IMGROS, DET DANSKE TOBAKSAKTIESELSKAB,

DET DANSKE TRAELASTKOMPAGNI A/S See DANSKE TRAELASTKOMPAGNI, DET. A/S

DFDS A/S Sankt Annae Plads 30. DK-1295 Koebenhavrl K Tel: (01) 156300 Cable: Forenede Telex: 19435 dfdsc dk

Board of Directors: J Erlund (Chairman). Olav Grue (Vice Chairman), Per Schmidt, Roald P Aukner, Erling Jensen, Kurt Rye Damkjrer, Karl Marloth, Erik Agergaard

Management: Niels Bach, C V Ipsen Senior Executives: Bo Lennart Thorbjomson. Birger Leth

PRINCIPAL ACTIVITIES: Company operating fleet of cargo ships to Europe, Scandinavia and S. America, passenger liners, and interests in warehousing and road haulage

Trade Names: DFDS SEAWAYS Parent Company: J Lauritzen Group (52%) Subsidiary Companies: Scan Seaway Chartering A/S; DFDS

Prinzenlinien A/PS; Dan Shipbuilding Services A/S; Roland Munch ApS; Th. Pedersen & Son ApS; Centralvaskeriet Esbjerg A/S; Finansieringsaktieselskabet af 28/6-1972; Aktieselskabet af 29/4-1882; A/S Korntorrings- og Oplagsmagasinet; DFDS Bech Spedition A/S; Hansen & Bjerrum A/S: DFDS Transport ApS; Tor Line AB (Sweden); DFDS Tor Line AB (Sweden); Tor Line Syd AB (Sweden); DFDS Transport AB (Sweden); DFDS Norge A/S (Norway); Tor Line BV (Netherlands); AFA BV (Netherlands); DFDS Transport BV (Netherlands); DFDS Belgo-Danoise NV (Belgium); Belgo Danish Port Terminal NV (Belgium); DFDS Deutschland GmbH (Germany); DFDS Hanse-Ferries GmbH (Germany); Scandinavian World Cruises (Bahamas) Ltd (Bahamas): United Steamship Co (Bahamas) Ltd (Bahamas); DFDS Seacruises (Bahamas) Ltd (Bahamas); United Freighters Ltd (Bahamas); DFDS (UK) Ltd (UK); Danish Tourist Bureau Ltd (UK); Hoe Street Travel Ltd (UK); Prins Ferries Ltd (UK); Long Ship Holidays Ltd (UK); Tor Line Ltd (UK); Harwich Transport Ltd (UK); Greaves & Lamming Ltd

(UK); FAST Ltd (UK); Marsden Freight Services Ltd (UK); E 0 Hooks (Transport) Ltd (UK); DFDS Scan Line Ltd (Eire)


Net turnover (Loss) before tax Profit (loss) after tax Retained profit (loss) Share capital Equity

No of Employees: 3,374 Group

DISA

31.12.84 DKr'OOO

3,755,866 (119.000)

(87,000) (87,000) 400,000 304,000

Dansk Industri Syndikat A/S Herlev Hovedgade 17, DK-2730 Herlev Tel: (02) 94 52 11 Cable: Disaworks Telex: 35375

31.12.85 DKr'OOO

3,478,893 (24,258) 33,673 33,673

400,000 343,000

Board of Directors: P A Sorensen, A Svendsen

PRINCIPAL ACTIVITIES: Electric petrol pumps; automatic moulding machines and foundries




Logo

1984 DKr'OOO 379,460 42,105

DRONNINGBORG MASKINFABRIK A/S Udbyhjvej, PO Box 80, DK-8900 Randers Tel: (06) 42 58 55 Cable: Maskindronning Telex: 65158 dborg Telefax: (06) 42 53 36

Chairman: K E Borup Directors: Finn Amsinck, Sven-Gunnar Schough, Peter Leschly

PRINCIPAL ACTIVITIES: Production and sale of self-propelled combine harvesters; import of tractors and implements; production and sale of driers; grain handling

Trade Names: Dronningborg, Dania Subsidiary Companies: Dronningborg Svenska AB (Sweden);

Dronningborg Center Hamar AlS (Norway); Dania Maskineksport A/S; Dania Agritech A/S; Dania Traktor A/S; Dania Traktor Finans AlS; Dania Farming A/S; Dania-Finnagro AB (Sweden). Associated Companies: Dania Industri Data AIS (50%); JAAKKO Tehtaat OY (Finland)

Principal Bankers: Kjl/Jbenhavns Handelsbank; Privatbanken; Andelsbanken


Group sales turnover (Loss) before tax (Loss) after tax Retained profit Share capital Total equity capital


31.12.84 (15mths) DKr'OOO 708,015

(5,847) (5,868)

155,500 127,204

31.12.85 (12mths) DKr'OOO 904,925

27,617 194,220 193,517

17

DENMARK

DSB Danish State Railways Danske Statsbaner Soelvgade 40, DK-1349 Koebenhavn K Tel: +45 1 140400 Cable: DSBTRANS Telex: 22225 DSBGDT OK

Director General: Ole Andresen Senior Executives: P Langager, E Falk-S0rensen, S A Jenstrup,

V Adelkvist, A Andersen, G Kragballe, P Elming

PRINCIPAL ACTIVITIES: Transport services including shipping services, forwarding and customs agents, railway services, ship's brokers and agents, travel agents, bus services


Operating revenues


DUMEX A/S (DUMEX LTD)

1984 DKr'OOO

4,499,000

Prags Boulevard 37, 2300 K0benhavn S Tel: (01) 54 45 00 Cable: Dumex Telex: 31202 dumex dk

Chairman: E W Sissener

1985 DKr'OOO

4,851,000

Directors: J0rgen Worning, Ib G Christensen, B0rge Nebel Senior Executives: Tage Hansen

PRINCIPAL ACTIVITIES: Production of pharmaceutical specialities and fermentation of antibiotics

Parent Company: A. L. Laboratories Inc, New Jersey, USA Subsidiary Companies: Dumex Uikemedal AB (Sweden); Oy

Dumex AB (Finland); Dumex BV (Netherlands); P. T. Dumex (75%) (Indonesia); Dumex GmbH (Germany); Dumex AG (Switzerland)


Sales turnover Profit before tax Profit after tax Share capital Shareholders equity


DYRUP, S, & CO A/S 300 Gladsaxevej, DK-2860 Soborg Tel: (01) 691255 Cable: Dyrupco Telex: 19155 dyrup dk Telefax: (01) 69 3276

Chairman: Jens Thorsen

31.12.84 DKr'OOO 562,654 74,924 47,210 36,000

159,693

Directors: Ole Toppenberg (Managing Director)

31.12.85 DKr'OOO 610,147 73,726 38,020 50,000

177,464

Senior Executives: Allan Soegaard (Financial Director), Jens Linde (Export Director), Erik Schierning (Sales Director)

PRINCIPAL ACTIVITIES: Manufacture, sale and export of paints for all purposes; building paints, industrial finishes and printing inks

Trade Names: Bondex Wood Preserver, BBZ Acryl Lack, BBX Acryl Farbe, Syntal, Dyroton, Duflex

Parent Company: Monberg & Thorsen AlS Subsidiary Companies: Fabrica de Tintas de Sacavem

(Portugal); lamcolor SpA (Italy) and others in Iran, Nigeria and Saudi Arabia

Principal Bankers: Kj0benhavns Handelsbank AIS


31.12.84 DKr'OOO

Sales turnover 504,899 Profit before tax 16,157 Profit after tax 12,020 Retained profit 4,820 Dividends 7,200 Dividends per share 12% Earnings per share 12% Share capital 60,000 Shareholders funds 184,113

Principal Shareholders: Monberg & Thorsen A/S No of Employees: 500

31.12.85 DKr'OOO 494,969

4,084 2,664

3,600 6% 6%

60,000 170,150

EAST ASIATIC COMPANY LTD A/S (A/S DET 0STASIATISKE KOMPAGNI) 2 Holbergsgade, DK-1099 K0benhavn K Tel: (01) 11 8300 Cable: Pyramide Telex: 16666

Board of Directors: T W Schmith (Chairman), S StormJ0rgensen (Vice-Chairman), H H Prince Georg, G A Engelmann, E Hagedorn, J A Hansen, P Hjelt, H 0 A Kjeldsen, A L Korsberg, E Kristiansen, H Olesen, H PeetzLarsen, H H Spars0, J Thorsen, S Thostrup

Executive Board: H H Spars0, (Presiding Managing Director), J A Hansen (Managing Director), 0 F Andreason (Managing Director), F Hasle (Managing Director)

Senior Executives: General Managers:- K Stock Andresen, Ib Henry Hansen, Rene Schwartz Hansen, Hans P Holst, Bent K Kierkegaard, Sv. Aa. Larsen, Flemming Marcher, Erik Petersen. Chief of Information:- Erik Eriksen. Assistant General Managers:- G A Engelmann, A Holst Larsen, J E Lertoft, N-E Lockenwitz, Chr G Lund, 0 J Mohrsen, J G Troels Smith, K R Thomsen

PRINCIPAL ACTIVITIES: Graphics Division:- Press equipment, pre-press equipment and supplies, bookbinding and other finishing equipment to the graphic industry. Informatics Division:- Office eqUipment, communication products, mini and micro computers, office furniture, software development. Timber Division:- Tropical hardwood logs, lumber, European lumber, American/Canadian lumber. and other wood prOducts. H + I Division:- Industry and industry related trading activities comprising raw materials. consumer products. foods. technical equipment, motor, recycling, synthetiC and chemical products, metals. Liner Division:- Overseas liner services in own name and in joint service consortia, transport agenCies. Non-Liner Division:- Transport of bulk and break bulk cargoes, refined oil products with own and chartered vessels, shipbroking, technical ship management

Subsidiary Companies: EAC USA Inc; EAC Delaware Inc; Heidelberg Eastern Inc; Profit Control Systems Corporation; Transamerican Steamship Corporation (33.3%), USA; Plumrose Inc; The East Asiatic Company (Canada) Inc, Canada; The East Asiatic Company de Mexico SA, Mexico; The West Indian Company Ltd, St Thomas; Empacadora Costarricense Danesa SA (CODASA), Costa Rica; Dan Merchant Ltd; EAC Lines Trans Pacific Service Ltd (49%); Forest Merchant Ltd (49%); Nor Merchant Ltd (49%), Bahama; Forest Product Carriers (International) Ltd (50%); Meonia Insurance Brokers Ltd; Scanservice Leasing Company Ltd (21.1%); Salandia Insurance Company Ltd, Cayman Islands; Este Asiatico Comercio e Industria Ltda; MAPOL Manufatureira de Embalagens de Polpa Ltda (51.5%); ISS Sulamericana SIC Ltda (50%); ISS Darenas Comercio de Produtos de Limpeza Ltda; ISS Servisystem Comercio e Industria Ltda (95%); Graber Securisystem Vigilancia Alarme Industria e Comercio Ltda; Orbram S/A-Organizacao Rigrandense de Servicos, Brazil; Empacadora Ecuatoriano

18

Danesa (Ecuadasa) SA (49%), Equador; Industria Envasadora Nacional CA (IENCA) (70%), Venezuela; Alfragt als (66.7%); Jutlandia Terminal ApS (85%); Bloch & Behrens ApS, Denmark; Bloch & Behrens (Italia) Sri (99%). Italy; Cavalet ApS, Denmark; Cavalet AB, Sweden; DS Industries ApS. Denmark; Edelfettwerke-DS Industries GmbH. Germany; Wickhen-DS Industries Ltd ApS (49.9%); Plumrose A/S. Denmark; Plumrose Ltd. UK; Plumrose-B6klunder GmbH; ATAG Spedition AG; Herman Wittlinger & Dan-Tiefkiihl GmbH. Germany; Aktieselskabet Nakskov Skibsva9rft; Bergmann Smith & Co ApS; CompuDan ApS; Dansk Fryse-T0rring ApS; Det f2Jstasiatiske Kompagnis Data Central ApS; Det f2Jstasiatiske Kompagnis Data Central ApS; Det f2Jstasiatiske Kompagnis Ejendomsselskab ApS; EAC Assurance Agentur ApS; EAC Energy A/S; EAC Marketing Service Ltd ApS; Erik Levision ApS; Fibertex ApS; Holm & Wonsild ApS; Paul Bergs0e & S0n AfS (33.5%), Denmark; The East Asiatic Company UK (Holdings) Ltd; East Asiatic Insurance Brokers (UK) Ltd; East Asiatic Timber Ltd; The East Asiatic Company (London) Ltd; EAC-PNSL Service Ltd (49%), UK; Die Ostasiatische Kompagnie GmbH; Rechenzentrum DOKUMENTA GmbH (20%); Skandinavia Haus GmbH (33.3%); VLA Vereinigte Linien-Agenturen GmbH & Co KG (26.7%); ISA Internationale Schiffahrts-Agentur GmbH (40%), Germany; INDUFOR (1975) SA/NV, Belgium; The East Asiatic Timber (Holland) BV; Selandia Finance and Investment BV, Netherlands; Falstria Services Company Ltd, UK; Genoa Trade Sri (50%), Italy; Cornelder's Scheepvaart Maatschappij BV (20%), Netherlands; Genoa Trade Sri (50%). Italy; Cornelder's Scheepvaart Maatschappij BV (20%). Netherlands; Compusam SA; INDUBOIS SA. France; Scan Dutch BV (27.5%), Netherlands; The East Asiatic Company (Finance) SA, Luxembourg; United Shipping Agencies SIAMAR Sri (50%), Italy; The Old East African Trading Company Ltd; Old East Graphics (Kenya) Ltd (53.1%), Kenya; The East Asiatic Company (SA) (Pty) Ltd, South Africa; Business Machines Ltd, Malawi; RT Briscoe (Nigeria) Ltd (40%), Nigeria; The Old East African Trading Co (T) Ltd, Tanzania; The East Asiatic Company (Hong Kong) Ltd; Mermaid Transport Company (Hong Kong) Ltd (50%); MOLEAC Transport Company Ltd; Carlsberg Brewery Hong Kong Ltd (50%); ScanDutch Ltd (26.1%); TM Wong & Co Ltd (50%); Transamerican Steamship Corporation (Hong Kong) Ltd (50%), Hong Kong; The East Asiatic Company (Malaysia) Berhad (65%); Carlsberg Brewery Malaysia Berhad (22.1 %); The River Estates Send irian Berhad; Nedlloyd-EAC Agencies (Malaysia) Sendirian Berhad (28%), Malaysia; The East Asiatic Company (Singapore) Pte Ltd; Dan Auto (Singapore) Pte Ltd; Denmark House Pte Ltd (36.6%); Bakke-Sime Darby Shipping Pte Ltd (50%); Nedlloyd-EAC Agencies Pte Ltd (40%), Singapore; The East Asiatic Company (Thailand) Ltd (68.5%); ICI Asiatic (Agriculture) Co Ltd (49%); United Asiatic Company Ltd (49%); Dumex Ltd (78.3%); Thai-Dan Corporation Ltd (49%); The East Asiatic Company (Brokers) Ltd (49%); The East Asiatic Company (Transport) Ltd (47%), Thailand; PT Danapaints Indonesia (30%); PT Danmotors Vespa Indonesia (49%), (49%); PT ICCO Murni Indonesia (49%), Indonesia; EAC Services Inc (25%); Luzon Mahogany Corporation (40%); Philippine Moulded Pulp Products Inc (59%), Philippines; Printing Machine Trading Co Ltd (32.9%); The East Asiatic Company (Japan) Ltd, Japan; China International Marine Containers Ltd (50%), China; The East Asiatic Company (B) Ltd, Brunei; Plumrose (Australia) Ltd (71.4%); Napoli Pasta Products Pty Ltd; Plum rose Pty Ltd; Bloch & Behrens Ply Ltd; Deville Dumping and Cont Pty Ltd (50%); Kauri Holdings Limited (52%); The Kauri Timber Company Ltd; Beaufort Shipping Agency (WA) Pty Ltd (50%), Australia; Bloch & Behrens (NZ) Ltd; UEB Waihi Ltd (20%); The East Asiatic Company (New Zealand) Ltd, New Zealand



Sales turnover Profit before tax Profit after tax' Retained profit (loss) Earnings per share Share capital Shareholders funds 'and minority interest

31.12.84 DKr'OOO

17,985,735 403,825 151,648

(132,606) 19.8DKr 765,000

1,290,332

31.12.85 DKr'OOO

16,692,598 380,498 200,961 20,534

26.3DKr 765,000

1,476,096

No of Employees: 15,969 (Group); 15,641 (Associated co's)

ELECTROLUX DANMARK AIS Lundtoftevej 160,2800 Lyngby Tel: (02) 87 78 64

Board of Directors: Ib Fr01ich (Chairman), I Bendixen, S Mansen, E A Larsen

PRINCIPAL ACTIVITIES: Domestic refrigerators and home freezers, washing machines, dishwashers, electric cookers, cooker hoods, electrical kitchen equipment

Parent Company: AB Elektrolux, Sweden Financial Information:


Principal Shareholders: AB Elektrolux (100%) No of Employees: 1,700

ELEKTRICITELSSELSKABET ISEFJORDVAERKET lIS

1984 DKr'OOO

1,303,900 85,244

See ISEFJORDVAERKET, ELEKTRICITELSSELSKABET, I/S

ELKRAFT POWER COMPANY LTD PO Box 230, Lautruph0j 5, DK-2750 Ballerup Tel: (02) 66 0022 Telex: 35158 ek dk

Board of Directors: IFV:- J0rgen Gotfredsen (Chairman), Erik Bulow, J0rgen Christensen, Jacob L Hansen, J0rgen E Jensen, Steen Leth Jeppesen, Chr. Lauritz-Jensen, Bjarne Lehmann Weng. KK:- Egon Weidekamp (Deputy Chairman), Charlotte Ammundsen, Bjarne Andersen, J0rgen Paldam. SEAS:- Svend 0sterholm Hansen (Deputy Chairman), Sv. Albrechtsen, T Garth-Gruner, B0rge Lundgaard

Management: Henning Buhl (Managing Director)

PRINCIPAL ACTIVITIES: Managing and coordinating electricity production in the eastern half of Denmark; managing fuel procurement for the power stations in the area; managing the exchange of electric energy with Sweden; planning, establishing and financing of power stations and transmission lines

Trade Names: ELK RAFT Partner Companies: Elektricitetsselskabet Isefjordvmrket I/S

(IFV) (IFV Power Company, Copenhagen); Kebenhavns Kommune (KK) (Muncipality of Copenhagen); Sydestsjmllands Elektricitets Aktieselskab SEAS (SEAS) (South East Sealand Electricity Company Ltd SEAS)

PrinCipal Bankers: Privatbanken Financial Information:

Sales turnover


EMBORG FOODS AALBORG AIS Hasserisvej 139, DK-9000 Aalborg Tel: (08) 13 1233 Cable: emborgs Telex: 69763 mborg dk

31.12.84 DKr'OOO

3,432,800

19

DENMARK Chairman: Leonhard SchrOder Directors: Henrik Emborg (General Manager), B Thonning

Knudsen (ASSistant General Manager) Senior Executives: Mogens Kaiser (Financial Manager)

PRINCIPAL ACTIVITIES: Import and export of food products Trade Names: EM BORG Parent Company: A/S De Danske K01ehuse "Cold Stores", DK

Kolding Subsidiary Companies: Emborg Foods Export-Import GmbH &

Co. KG, West Germany Principal Bankers: Den Danske Bank, DK-Aalborg Financial Information:

Sales turnover Profit before tax Profit after tax Retained profit Share capital Total equity capital


ERICSSON, L M, AIS Kirkebjerg Allee 86, DK-2600 Glostrup Tel: (02) 96 61 33 Cable: Ericsson Telex: 33320

Directors: Asbj0rn Dehlie

30.9.85 DKr'OOO 798,265

9,334 4,843 4,843

14,500 43,038

30.9.86 DKr'OOO 804,908

3,504 7,830 7,830

14,500 51,568

PRINCIPAL ACTIVITIES: Public and private telephone systems; telecommunications transmission equipment; loudspeaking intercom systems; wireless paging systems; time recording systems; electronic security systems; cables and wires for telecommunications

Parent Company: Telefonaktiebolaget L M Ericsson, Sweden Principal Bankers: Handelsbanken Financial Information:

Sales turnover Profit before tax Profit after tax Share capital Shareholders funds


ESS-FOOD

1984 DKr'OOO 413,813 57,023 34,214 90,000

188,959

Axelborg, Axeltorv 3, DK-1609 Kebenhavn V Tel: (01) 11 5600 Cable: Essfood Telex: 22948

Management: B Kjeldsen, W Tiedemann, S Bernsen, J Edelmann

1985 DKr'OOO 510,272 48,385 26,692 90,000

195,651

PRINCIPAL ACTIVITIES: Export of fresh and frozen pork; processed meat and lard

Subsidiary Companies: Danepak (UK); DBC (UK) Principal Bankers: Andelsbanken; Den Danske Bank Financial Information:

Sales turnover


EXPO-FYN, AIS Rugardsvej 5-7, 0050000dense Tel: (09) 13 05 00 Cable: Expofyn Telex: 59846 expo dk

1985/86 DKr'OOO

6,906,399

Board of Directors: Svend Erik Serensen (Chairman), Carlo Petersen

DENMARK PRINCIPAL ACTIVITIES: Canned food; sausages, canned and

frozen bacon and frozen food, ready made meals Trade Names: EXPO-FYN, Faaborg Middagsretter Principal Bankers: Den Danske Bank; Sparekassen SDS Financial Information:

Sales turnover


F E BORDING A/S See BORDING, F E, A/S

F L SMIDTH & CO A/S See SMIDTH, F L, & CO A/S

DKr'OOO 1,600,000

FAELLESFORENINGEN FOR DANMARKS BRUGSFORENINGER FDB-Co-Op Denmark 65 Roskildevej, DK-2620 Albertslund Tel: (02) 648811 Cable: Efdebe Telex: 33711 FDBRA

Chairman: Bjarne Megelh0j; General Manager: Bent J La Favre Directors: G Bak-Hansen, John Ipsen

PRINCIPAL ACTIVITIES: Manufacture, wholesale purchase and distribution of wide range of goods. Retail shops

Trade Names: Brugsen Subsidiary/Associated Companies: Anva A/S; Irma A/S etc Principal Bankers: Den Danske Bank; Andelsbanken; Bank of

America Financial Information:



FISKER & NIELSEN A/S

1985 DKr'OOO

14,432,200 120,400 120,400

Peter Bangs Vej 30, DK-2000 Frederiksberg Tel: (01) 86 33 01 Cable: Nilfisk Telex: 19703 fn dk

Management: Peder Fisker Knudsen (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture and export of vacuum cleaners for domestic and industrial use

Trade Names: Nilfisk Subsidiary Companies: Nilfisk SA, France; Nilfisk SA, Belgium;

Nilfisk BV, Holland; Nilfisk AG, West Germany; Nilfisk Ltd, UK; Nilfisk Ltd, Ireland; Nilfisk A/S, Denmark; Nilfisk A/S, Norway; Nilfisk 0/Y, Finland; Nilfisk AG, Switzerland; Nilfisk GmbH, Austria; Nilfisk Lda, Portugal; Nilfisk SA, Spain; Nilfisk hic, USA; Nilfisk Ltd, Canada and others in Hong Kong, Singapore, Australia and Kuwait

Principal Bankers: Landmandsbanken; Handelsbanken; Den Danske Bank


Sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per share Share capital Shareholders funds


31.12.84 DKr'ooO 788,523 149,573 94,598 79,236 15,120

140DKr 108,000 682,234

31.12.85 DKr'ooO 822,274 168,104 91,870 74,367 17,280

160DKr 108,000 807,125

20

FORD MOTOR COMPANY A/S Sluseholmen 1, DK-2450 K0benhavn SV Tel: (01) 31 05 10 Cable: Fordmotor Telex: 22218

Chairman: W Krawack Directors: N P BartOlini, P Christiansen, B Hansen, H Hassel, F

B Johansen, E N Knudsen, I M Sviggum, J 0 Thune

PRINCIPAL ACTIVITIES: Import and distribution of motor vehicles

Parent Company: Ford Motor Company, USA Subsidiary Companies: Ford Credit A/S, Denmark; Ford Motor

Norge A/S; A/S Eik & Hausken, Norway Principal Bankers: Handelsbanken; Privatbanken; Den Danske

Bank Financial Information:

31.12.84 31.12.85 DKr'OOO DKr'OOO

Sales turnover 3,177,216 4,483,697 Profit before tax 104,702 356,334 Profit after tax 49,989 229,240 Dividends 59,400 81,000 Dividends per share 82.5% 75% Share capital 72,000 108,000 Shareholders funds 275,093 423,333

No of Employees: 223 Parent Company, 532 Group

FORENEDE PAPIRFABRIKKER A/S (DE) 40 Borgmester Christiansens Gade, DK-2450 Copenhagen SV Tel: (01) 166611 Cable: Papirfabrikker Telex: 22222 PAPIR OK

Board of Directors: P Marcus (Chairman), P Bredegaard, A Gybel, Waldemar Schmidt, Jens Skytte, S0ren Hansen, L M Olsen, Torben Our0 Jensen

Management: H Lauridsen (Managing Director), H Maglegaard Andersen (Technical Director), J Haase (Sales), R Johansen (Finance)

PRINCIPAL ACTIVITIES: Paper production, pulp production, paper converting, paper merchants

Subsidiary Companies: Viggo Borch A/S; H Christensen & S0n A/S; Dancrepe A/S; Multicoate A/S; Forenede Papir GmbH (Germany); Forenede Papir (UK) Ltd (UK); System Silkeborg International Ltd (UK); Forenede Papir AB (Sweden); Makulatur-Kompagniet A/S

Principal Bankers: Den Danske Bank A/S; Privatbanken A/S Financial Information:


30.4.85 DKr'Ooo

2,026,300 23,900 22,700

100,000 90,000

Principal Shareholders: De- Danske Sukkerfabrikker No of Employees: 1,963

FORENEDE SJAELLANDSKE ANDELSSLAGTERIER Bragesvej 18, DK-41oo Ringsted Tel: (03) 61 62 63 Cable: Unicobs Telex: 45114 fsa dk

Board of Directors: Svend Madsen (Chairman) Management: Ole Jakobsson (Managing Director)

30.4.86 DKr'OOO

1,887,600 95,600 95,300

100,000 158,000

Senior Executives: Kjeld Johannesen (Production Manager), Bjarne Frederiksen (Export Sales Manager), Bjams Meller Larsen (Domestic Sales Manager), Ib N0rgaard (Director of Finance)

PRINCIPAL ACTIVITIES: Fresh, frozen, smoked, canned, dried and preserved meat and meat products

Trade Names: Steff-Holding Export I/S Principal Bankers: Andelsbanken; Den Danske Bank;

Sparekassen SDS Financial Information:

Sales turnover Profit after tax

1.10.84 DKr'OOO

2,312,797 63,508

Principal Shareholders: Farmers' Co-operative No of Employees: 1,377

F0TEX A/S Bjllldstrupvej 18, 8270 HlIljbjeerg Tel: (06) 27 55 66 Telex: DK-68668 Telefax: (06) 138930

Chairman: N Bronton-Jensen Directors: St Fejring

1.10.85 DKr'OOO

2,349,959 55,110

PRINCIPAL ACTIVITIES: Supermarkets and discount stores Trade Names: F0TEX Principal Bankers: Handelsbanken Financial Information:

Sales turnover Profit before tax Profit after tax Retained profit Dividend Dividend per share Earnings per share Share capital Shareholders funds


31.8.84 DKr'OOO

2,430,946 33,645 20,284 12,284 8,000

0.8DKr 2.0DKr 10,000 38,630

FREDERIKSHAVN V JERFT A/S DK-9900 Frederikshavn Tel: (08) 42 22 99 Cable: vaerftet dk Telex: 67117 M dk Telefax: +45 8 43 29 30

31.8.85 DKr'OOO

2,855,899 74,686 36,376 20,376 16,000 1.6DKr 3.6DKr 10,000 59,006

Board of Directors: Einar N Moeller (Chairman), Niels Bach, Villy Christensen, Per Schmidt, Arthur Jensen, Mogens T Pedersen

Management: Aage Jensen (Managing Director), Per Holst SlIlrensen (Director, Development and Sales), E G S0rensen (Repair Manager), Rolf Selvig (Repair Manager). Arne Larsen (Director of Finance), Ole SlIlrensen (EDP Manager), John Lie (Organization Manager)

PRINCIPAL ACTIVITIES: Shipbuilding, repairs and conversions Parent Company: J Lauritzen Holding A/S Principal Bankers: Sparekassen Nordjylland Financial Information:

31.12.84 DKr'OOO

Sales turnover 624,619 Profit before tax 56,663 Profit after tax 35,926 Retained profit 27,926 Dividends 8,000 Dividends per share 200DKr Earnings per share' 698DKr Share capital 40,000 Shareholders funds 140,226

Principal Shareholders: J Lauritzen Holding A/S No of Employees: 1,400

31.12.85 DKr'OOO 677,618 67,890 32,026 22,026 10,000

250DKr 551DKr 40,000

183,788

21

DENMARK

FYENS ANDELS-FODERSTOFFORRETNING AMBA FAF 0stre Havnevej, DK-5700 Svendborg Tel: (09) 21 42 83 Cable: Faf Telex: 58123 faf dk

Board of Directors: Kai Braendgaard (Chairman) Management: Povl Ullegard

PRINCIPAL ACTIVITIES: Manufacture, import and export of fertilisers, chemicals, grain, seed grain, malting barley, feeding stuffs

Trade Names: Fyens Andels-Fodersofforretning AmbA, FAF Subsidiary Companies: Andelsmaskiner; SEJET; Fynbo Olie;

Petersen & Jensen Principal Bankers: Den Danske Bank; Andelsbanken Financial Information:



GASA ODENSE, A.M.B.A. Lavsenvaenget 1, 5200 Odense V Tel: (9) 126000 Cable: Gasa Odense

1985 DKr'OOO

1,171,065 22,400 20,312

7,530 9,997

21,789

Telex: 59833 (Fruit/Vegetable Department); 59693 and 59933 (Flower Department); Answerback: gasaod

Telefax: 9-144808 (Fruit/Vegetable Department); 9-127990 (Flower Department)

Chairman: Herluf Larsen Directors: Bernhard Andersen (Fruit and Vegetable Department),

Soeren Boegede Andersen (Flower Department)

PRINCIPAL ACTIVITIES: Reception, packaging and sale of the members' production of flowers, fruit and vegetables; import of fruit, vegetables and cuttings

Principal Bankers: Den Danske Provinsbank Financial Information:



31.12.84 DKr'OOO 950,105

11,399

31.12.85 DKr'OOO

1,005,901 10,259

GENERALDIREKTORATET FOR POST -OG TELEGRAFV JESENET See POST-OG TELEGRAFVA:SENET, GENERALDIREKTORATET FOR,

GN lAUR KNUDSEN AS elK) Industriparken 20, DK-2750 Ballerup Tel: 02651122 Telex: 22236 Ik nes dk

Board of Directors: Rene Tang Jespersen (Chairman), Jan 0 Frlllshaug (Vice Chairman), Harald Agerley, Ulf Ekman, Niels W Holm, "Arne Nielsen, "Bent Steenberg MlIlller, 'Bent Th Nielsen, "Elected by the Employees

Management: Jens W Werner (President)

PRINCIPAL ACTIVITIES: Manufacture of electrical machinery, domestic appliances and electronic equipment

Parent Company: GN Great Nordic as Subsidiary Companies: Laur Knudsen Nederland BV; AB LK

NES; AfS LK-NES; Oy Laur Knudsen Ab; LK Power Systems A/S; as LK el-artikler; LK-NES (SEA) Pte Ltd. Associated

DENMARK Companies: LK-NES Company Ltd; Camto ApS; Selco A/S; J o Vmrktej A/S; Dan-Tavler A/S; LK-NES (mfg) sdn bhd

Principal Bankers: Privatbanken A/S; Den Danske Bank Financial Information:

31.12.84 31.12.85 DKr"OOO DKr'Ooo

Net turnover 907,894 969,293 Profit before tax 28,127 65,048 Profit after tax 31,423 49,987 Retained profit 18,334 35,762 Dividends 8,658 10,823 Dividends per share 8% 10% Share capital 108,230 108,230 Shareholders equity 247,680 272,623

Principal Shareholders: GN Great Nordic as (100%) (from August 1986)


GN STORE NORD AIS GN Great Nordic Ltd Kongens Nytorv 28, Dk-l016 Copenhagen K Tel: (01) 120088 Cable: Storenordiske Telex: 22371 gntc dk Telefax: (451) 12 03 89

Board of Directors : Erik Mollerup (Chairman), Ebbe J B Christensen (Vice Chairman), Harald Agerley, Grethe Berg, Robert Pedersen, Erik B Rasmussen, Jergen K F Jansen, Peder C Beyer, Erik Risberg Hansen, Jergen K F Jansen

Management: Rene Tang Jespersen (President and Chief Executive Officer)

PRINCIPAL ACTIVITIES: Telecommunications including submarine cable laying and repairs; electrical and electronic industry and trade

Trade Names: Anker, Elmi, LK as, Domino, Danavox, GNTA, Hellesens, Tudor, X-Net

Subsidiary Companies: GN Danavox A/S; GN Elmi A/S; GN Telematic A/S; GN Batteries A/S; GN Laur Knudsen; GN Data A/S; Tiger Data A/S; GN Netcom A/S; GN Ejendomme A/S

Principal Bankers: Privatbanken A/S Financial Information:

Group sales turnover Profit before tax Profit after tax Retained profit Dividends· Dividends per share· Earnings per share Share capital Shareholders funds ·Parent Company

31.12.84 DKr'ooO

2,183,900 115,400 91,246

345,070 24,157

12% 45.3%

201,306 795,245

Principal Shareholders: GN Store Nord Holding A/S No of Employees: 5,215

GREENEX AIS 3963 Maarmorilik, Greenland Tel: +299 48 311 Cable: Greenexkob Telex: 91500 Telefax: +299 48 385

Chairman: Esben Dragsted Directors: E Sprunk-Jansen (Managing Director)

31.12.85 DKr'OOO

2,569,679 168,113 108,197 429,987

24,157 12%

53.7% 201,306 891,799

Senior Executives: Gunnar Mortensen (Senior Director), AnneGrethe Laursen (Director, Finance), Jan K Rasmussen (Director, Commercial), Lars Aim (Director Technical)

PRINCIPAL ACTIVITIES: Mining of lead, zinc and silver Parent Company: Vestgron Mines Ltd, Vancouver, Canada Principal Bankers: Privatbanken A/S

22




GRENAA DAMPV.EVERI AIS fZJsterbrogade 45, 8500 Grena Tel: (06) 32 03 33 Cable: Gredana Telex: 63492 gredan dk

1984 DKr"Ooo 723,162 172,857 70,725 7,030

105,400 222,394

Board of Directors: Erik Jensen, Hans Rommel

PRINCIPAL ACTIVITIES: Manufacture of hi9h quality 10()O/" cotton and cotton/polyester fabrics for many applications including casual and sportswear, men's, women's and children's clothing, protective clothing and canvas for camping; PVC coated materials


Sales turnover


GRINDSTED PRODUCTS AIS Erwin Rahrs Vej 38, 8220 Braband Tel: (06) 25 33 66 Cable: Grindan Telex: 64177 gvdan dk

DKr"ooo 2,000,000

Board of Directors: Flemming Woldbye, 0 Damgaard-Nielsen, P Heegaard, N J Nielsen, B A Pedersen, E B Rasmussen, Joergen Handberg, Lis Glibstrup, Poul Erik Ehrhorn

Management: Otto Christensen (President), Gert Als (Vice President), Willy Bregnhoej (Vice President), Ib Cordel (Vice President), Peer Moeller Joergensen (Vice President)

PRINCIPAL ACTIVITIES: Manufacture of emulsifiers,. stabilisers, pectin, alginates, LBG, flavours, enzymes, animal proteins, pharmaceuticals

Parent Company: Aktieselskabet Danisco Subsidiary Companies: Grindsted Products GmbH (Germany);

Grindsted Products Ltd (UK); Grindsted France Sari (France); Sobalg (France); Cemar SA (Spain); Intercolloid SA (Switzerland); Grindsted Products Inc (USA); Grindsted do Brasil (Brazil); Nippon Grindsted KK (Japan); Grindsted Products Inc (Canada); Lenfos A/S (Denmark); Grindsted de Mexico, SA de CV (Mexico)

Principal Bankers: Privatbanken A/S; Sparekassen SDS Financial Information:


1984 DKr'OOO

1,154,395 116,057 81,656

Principal Shareholders: Aktieselskabet Danisco No of Employees: 1,550

GRUNDFOS INTERNATIONAL AIS Poul Due Jensensvej, 8850 Bjerringbro Tel: (06) 681400 Cable: GRUNDFOS Telex: 60731 Te/efax: (06) 684472

1985 DKr'OOO

1,258,356 137,289 71,443

Board of Directors: Einar N Moeller (Chairman). Erwin Detrekoy. Niels Chr Nielsen, Niels Due Jensen. Axel Jensen. 3 Collaborators

Management: NielS Due Jensen (President). Joergen Madsen (Executive Vice President Sales/Marketing), Poul Vesterbaek

(Executive Vice President, Production), Arne Krogh Kristensen (Executive Vice President, Economy/Finance)

PRINCIPAL ACTIVITIES: Manufacture of water supply plants; centrifugal pumps, self lubricating pumps, ships' pumps, brine pumps, submersible and sump pumps, high pressure car washing pumps for road and railroad vehicles and machine parts, circulator pumps, electric motors

Trade Names: Grundfos International AIS, Grundfos Water Equipment AlS

Parent Company: Grundfos Holding A.G., Switzerland Subsidiary Companies in Europe and USA: Grundfos

Pumpenfabrik G.m.b.H., West Germany; Pompes Grundfos S.a.r.L., France; Grundfos Pumps Corporation, USA; N.V. Grundfos Bellux S.A., Belgium; Grundfos Manufacturing Ltd.; Grundfos Pumps Ltd., UK; Grundfos Pompen Nederland B.V., Netherlands; Grundfos (Ireland) Ltd, Ireland; Grundfos AB, Sweden; Grundfos Pumpen A.G., Switzerland; Grundfos Pumpen-Vertrieb Gesellschaft mbH, Austria; Bombas Grundfos Espana SA, Spain; and others in Australia, Japan, Singapore, Saudi Arabi, Nigeria, Hong Kong

Principal Bankers: Den Danske Bank af 1871 Aktieselskab; Copenhagen Handelsbank AIS

Financial Information: 30.4.85

DKr'OOO Sales turnover 1,119,458 Profit before tax 212,282 Profit after tax 114,065 Retained profit 105,065 Dividends 9,000 Dividends per share 10% Share capital 90,000 Shareholders funds 502,986


GUTENBERGHUS GROUP Vognmagergade 11, DK-1148 Copenhagen K Tel: (01) 15 1925 Telex: 16738 gus dk

30.4.86 DKr'OOO

1,249,178 132,230 81,118 72,118 9,000 10%

90,000 632,971

Board of Trustees of the Egmont H Petersen Foundation: Esben Dragsted (Chairman), Bjarne Fogh (Vice Chairman), Poul Andreassen, Hans Egmont-Petersen, Olav Grue, Niels Thorsen

Management of the Gutenberghus Group: Ebbs J B Christensen (Managing Director of the Group), Kenneth Petersen (Financial Manager), J0rgen Worning (Technical Manager)

PRINCIPAL ACTIVITIES: Video, toys, printing, publishing and allied industries

Trade Names: Walt Disney's Donald Duck & Co Parent Company: Egmont H Petersen Foundation,

Gutenbsrghus Subsidiary Companies: Norske Egmont A/S; AIS Hjemmet;

Hjemmets Bokforlag A/S; N W Damm& S0n AIS, Norway; Svenska Egmont AB; Hemmets Journal AB; Forlags Aktiebolaget Fackmedia; Forlaget Karnan AB; Mail Bus AB; Market Mail AB; Lundstrom Saljkonsult AB, Sweden; Suomen Egmont OY IFinska Egmont AB; OY Klrjalito AB, Finland; Deutsche Egmont Verwaltungs GmbH; Ehapa Verlag GmbH; Delta Verlagsgesellschaft mbH (50%); Verlag fUr Technik und Handwerk GmbH; Horizont Verlag GmbH; Select Video Produktions-und Vertriebs-GmbH; Alpha-Video-Produktionsund Vertriebs-GmbH (50%); Remus Produktions-und Vertriebs GmbH; Franz Schneider Verlag GmbH, Germany; Egmont Verlag Gesellschaft mbH, Austria; Egmont AG; Remus Handels AG, Switzerland; Egmont Belgique SA, Belgium; Egmont Ltd; World International Publishing Ltd; Ward Lock Ltd; Select Video Ltd, UK; Dansk Egmont Holding A/S; Dansk Egmont Administration A/S; Gutenberghus Bladene A/S; AIS Serieforlaget af 1 januar 1983; AIS Forlaget Litas; Wangels Forlag A/S; Lomax ApS; Egmont H Petersen A/S; AIS Mols Plast; Gutenberghus Reklamebureau A/S; GR Special Kommunikation ApS; H Aschehoug & Co. Dansk Forlag A/S;

23

DENMARK Bellevue Studio A/S; Dansk Reklame Film AIS (50%); Select International Video A/S; Gutenberghus Publishing Service A/S; Gutenberghus Ejendomsselskab, Denmark

Principal Bankers: Privatbanken AIS Financial Information:

Group turnover net Profit before tax Net profit Total net income Capital fund Capital and reserves


31.12.84 DKr'OOO

2,462,289 149,168 104,151 122,146 150,000 694,377

31.12.85 DKr'OOO

2,738,384 132,384 67,269 85,501

150,000 700,888

H HOFFMANN & SOENNER A/S KANCERN See HOFFMANN, H, & SOENNER AIS KANCERN

HAFNIA INSURANCE GROUP Holmens Kanal 22, DK-1097 K0benhaven K Tel: (01) 131415 Telex: 15546 hafnia Te/efax: (01) 126293

Board of Directors: E J B Christensen, Allan Philip, A Vinding Kruse, Haldor Tops0e, Per Villum Hansen, Birthe Aagaard Madsen, Ib Paaske, Viggo J Rasmussen, Ole Vesterdal

Management: H H Koefoed, H Klaebel, H A Kovsted

PRINCIPAL ACTIVITIES: Provision of a wide range of insurance services

Subsidiary Companies: (100% owned unless stated): Hafnia Insurance Company Ltd; Hafnia-Haand i Haand General; Forsakringsaktiebolaget Holmia; Hafnia-Haand i Haand Life; Livsforsikringsaktieselskabet Hafnia Pension Invest; Ejendoms Aktieselskabet Holmens Kanal; Dania Assurance Agentur A/S; Besigtelses Kontoret af 1914 A/S; AB Internationell Assurans (Sweden); Economic Holdings Ltd (UK); Economic Insurance Company Ltd (UK); Hafnia Holdings Inc (USA); Cameron General Corporation (51%) (USA)

Financial Information: Group figures 31.12.84 DKr'OOO

Premium income 4,267,000 Investment income 2,578,000 Profit before tax 128,714 Profit for the year 136,656 Total group profit for the

year 151,633 Dividend 29,200 Share capital 146,242 Shareholders equity 2.437,000

Principal Shareholders: Hafnia Invest Ltd No of Employees: 2,157

HAFNIA INVEST L TO Holbergsgade 3, Postboks 1153, 1010 K0benhavn K Tel: (01) 1324511 Telex: 16193 hafinv dk Telefax: (01) 930316

31.12.85 DKr'OOO

4,865,000 3.084,000

212.198 210.876

215,764 29,200

146,242 3,615,000

Board of Directors: E J B Christensen (Chairman), Haldor Tops0e, J0rgen Gr0nborg, Henning Juhl, Ulrik Lett

Management: Per Villum Hansen Senior Executives: Thomas Dahl, Poul L0ttrup-Larsen, Peter

Wendt, Michael 0xenbjerg

PRINCIPAL ACTIVITIES: Holding company for an insurance group

Subsidiary Companies: The Hafnia Insurance Group which includes: Hafnia Insurance Company Ltd; Hafnia-Haand Haand General Insurance Company Ltd; Hafnia-Haand i Haand Life Insurance Company Ltd; Hafnia Bank Ltd; Hafnia Service Ltd

DENMARK Financial Information: Group figures

Net income Investment income Profit before tax Dividend(1 ) Share capital Shareholders equity (1) Parent company (2) Capital at 31.12.86 Dkr

622,680,800


31.12.84 DKr'OOO

2,003,656 43,295 45,786 18,850

188,500 1,548,927

31.12.85 DKr'OOO

7,065,678 213,536 211,545

18,850 188,500(2) 2,308,549

HAVNEM0LLERNE-FREDERICIA-ODENSEK0BENHAVN A/S Havnegade 32, 5000 Odense C Tel: 09 11 11 60 Cable: Havnem0"erne Telex: 59722 kastel dk

Chairman: Frederik Chr Obel Directors: Troels Troelsen (Managing Director)

PRINCIPAL ACTIVITIES: Mi"ing; flour-production Trade Names: AMO, Gluten Flour SubSidiary Companies: Kastelkorn A/S; Melomix A/S; Dansk

Maltcentral A/S Principal Bankers: Den Danske Bank af 1871 A/S; Den Danske

Provinsbank A/S Financial Information:

31.12.84 31.12.85 DKr'OOO DKr'OOO

Sales turnover 696,600 740,500 Profit before tax 17,500 22,800 Profit after tax 11,500 7,600 Retained profit 7,900 3,100 Dividends 3,600 4,500 Dividends per share 20% 25% Earnings per share 64% 42% Share capital 18,000 18,000 Shareholders funds 47,900 51,000

Principal Shareholders: C W Obel A/S (50%); A/S De Danske Spritfabrikker (50%)


HEDEGARD, PEDER P, A/S Nordre Havnegade 3, DK-9400 N0rresundby Tel: (08) 17 00 00 Cable: Hedegaard Telex: 69746

Board of Directors: K M0"er

PRINCIPAL ACTIVITIES: Wholesalers and distributors of grain, seeds and fodder

Principal Bankers: N0rresbundy Bank; Privatbanken Financial Information:



1984 DKr'OOO

1,138,070 20,040

HOFFMANN, H, & SOENNER A/S KANCERN Maltegaardswej 24, DK-2820 Gentofte Tel.' (01) 655601 Telex: 27301 hhs dk

Board of Directors: J0rn Rlisz, Christian Hoffmann, Niels Ulda", J0rgen Lassen

PRINCIPAL ACTIVITIES: Construction and civil engineering; supply of building materials; plant hire

24

Principal Bankers: Handelsbanken; Varde Bank Financial Information:

Sales turnover


H0JGAARD & SCHULTZ A/S 4, Jalgersborg A"s, DK-2920 Charlottenlund Tel: 01-631212 Cable: Contractor Telex: 27164 Contr OK

1984 DKr'OOO 960,000

Board of Directors: Carl Tjur (Chairman), Jorgen Christoffersen, C B Andersen, Ove Jeppesen, Chr. Kongsted, Gunnar Giske, Harry Poulsen

Management: Niels Frandsen (President) Senior Executives: Gunnar Hansen (Civil Engineering Manager),

Poul Hedegaard (Civil Engineering Manager), Erling Jensen (Civil Economist), Klaus Garde-Hansen (Manager International Division), Henning Mo"er (Sales Manager Foreign Trade)

PRINCIPAL ACTIVITIES: Civil engineering contracting company specialising in construction of buildings in precast concrete; construction of houses, flats, schools, hospitals and industrial combines; large-scale foreign construction

Parent Company: Contractor Holdingselskab A/S Principal Bankers: Kobenhavns Handelsbank A/S Financial Information:



HOKI A/S Marsa"s 32, 8700 Horsens Tel: (05) 64 44 55 Cable: Hokiimport Telex: 61625 hokihs dk

Chairman: P Lauesen

1984 DKr'OOO

1,397,435 62,390

Directors: A Bj0rn Rlihne (Managing Director), Steen Glaring

PRINCIPAL ACTIVITIES: Grocery co-operative for retailers in everyday products, both food and non-food

Trade Names: Alk0b (grocers), Ekstra (minimarkets), Trika (supermarkets), Merko (low price supermarkets)

Subsidiary Companies: K0fi A/S Principal Bankers: Aktivbanken; Provinsbanken Financial Information:

Sales turnover excl. VAT


1985 DKr'OOO

1,246,000

HOLMEGAARDS GLASVAERKER A/S Fensmark, 4700 Naestved Tel: (03) 746200 Cable: Hoglass dk Telex: 40255 hoglas dk

Board of Directors: Poul J Svanholm (Chairman), L Schroeder (Managing Director), G P Svensgaard, 0 Horlyck, J Palsten

Management: L Schroeder (Managing Director) Senior Executives: F Jantzen, J 0 Bresson, K 0 Pedersen, S

Blaschke, S E Larsen, G Skaaning, K Andersen

PRINCIPAL ACTIVITIES: Bottles and glass containers, pharmaceutical glass containers; art glassware, drinking glasses etc, plastiC packaging

Parent Company: United Breweries Ltd Subsidiary Companies: Holmiaplast; Dansk Flaskegenbrug Principal Bankers: Privatbanken




1984 DKr'OOO 594,540

34,110

HOlSTEBRO EKSPORTSlAGTERI A/S Vendersgade 40, 7500 Holstebro Tel: (07) 42 23 00 Cable: Oxmeatex

Telex: 66413 export dk

PRINCIPAL ACTIVITIES: Trade in slaughter cattle, horses, pigs; meat processing and meat products

Principal Bankers: Andelsbanken; Den Danske Bank Financial Information:



IBM DAN MARK A/S Nym011evej 91, 2800 Lyngby Tel: (02) 93 55 11 Cable: Inbusmach Telex: 15171

Chairman: Gert Riesenfelder (Director)

1984 DKr'OOO 591,620

3,215

Directors: F G Petersen (General Manager), J Meldgaard

PRINCIPAL ACTIVITIES: Data and text processing equipment and associated services

Parent Company: IBM World Trade Europe/Middle East/Africa Corporation

Principal Bankers: Den Danske Bank; Faellesbanken; Privatbanken; Handelsbanken


Sales turnover Profit before tax Profit after tax Retained profit (loss) Dividends Share capital Shareholders funds


IMGROS, DET DANSKE TOBAKSAKTIESElSKAB, Columbusvej 5, 2860 S0borg Tel: (01) 699111

1984 DKr'OOO

3,742,314 818,742 498,487 148,487 350,000 750,000 686,262

Board of Directors: Torben U Smith (Chairman) Management: K E Jensen

1985 DKr'OOO

4,823,423 1,173,454

602,291 (319,709) 922,000 750,000 366,553

PRINCIPAL ACTIVITIES: Import and general wholesale trading Principal Bankers: Den Danske Bank Financial Information:

30.9.85 30.9.86 DKr'OOO DKr'OOO

Sales turnover 1,146,000 1,210,000 Profit before tax 8,677 7,747 Profit after tax 4,209 4,113 DiVidend 952 952 Dividend per share 10% 10% Share capital 9,520 9,520 Shareholders funds 24,222 27,275


25

DENMARK

INCENTIVE A/S Kongens Nytorv 28, DK-1050 Kj0benhavn

Tel: (01) 111142

Telex: 27142 incent dk

Board of Directors: Nils Wilhjelm, Poul J0rgen Jensen

PRINCIPAL ACTIVITIES: Finance and investment services


Sales turnover


INTERDAN A/S Egeskovvej, 3490 Kvistgaard

Tel: (02) 239555

Cable: Intdan Ok

Telex: 41181 intdan dk

1984

DKr'OOO

1,300,000

Working Chairman: Kurt Praestrud; President: K Meyer-Karlsen

Directors: J0rgen Bruun (Deputy Chairman), Johan Kromann, Fleming Schack, Harry G Jacobsen, Vagn Holck Andersen

PRINCIPAL ACTIVITIES: Automobile and spare parts imports

Trade Names: Nissan, Peugeot, Talbot, Ford, Dodge

Subsidiary Companies: Nissan Motor Danmark AfS; K W Bruun & Co Import A/S; Dana Ford Forhandling A/S

Principal Bankers: Copenhagen Handelsbank; Kleinwort Benson; National Westminster Bank Ltd; Bank of America; Standard Chartered; Den Norske Creditbank Sofib


31.12.84 31.12.85

DKr'OOO DKr'OOO Sales turnover 1,289,617 1,389,499 Profit. before tax 11,725 26,857 Profit after tax 10,225 13,366 Dividends 2,534 3,040 Dividends per share 10% 12% Share capital 25,335 25,335 Shareholders funds 107,385 113,002 Provision for contingent tax 14,500 32,291

Principal Shareholders: Dir K W Bruun & Hustrus Familiefond; Ragnhild Bruuns Fond; Glashofs Legat; Gudmund Schack; Kj0benhavns Handelsbank


INTERESSENTSELSKABET MIDTKRAFT lIS See MIDTKRAFT, INTERESSENTSELSKABET, liS

IRMA A/S Korsdalsvej 101, DK-2610 R0dovre Tel: (01) 70 82 22

Cable: COPERIRMA

Telex: 15552 IRMA OK

Chairman: Bjarne Moegelhoej

Directors: Ole Moelier (President/Managing Director), Joergen Clausen, Kjeld Gaarn Thomsen

PRINCIPAL ACTIVITIES: Wholesale and retail agricultural products, food, groceries; import of toilet articles, medical, clinical and surgical appliances, slaughterhouse products, paper goods and office requisites, textiles

Trade Names: Irma

Parent Company: FOB, Denmark (100%)

Subsidiary Companies: Irma Catering A/S; Irma Vin A/S; Dansk Aegcentral AfS



30.12.84 DKr"OOO

Sales turnover 3,174,000 Profit before tax 37,053 Profit after tax 36,772 Retained profit 12,772 Dividends 24,000 Dividends per share 24.0% Earnings per share 34,4% Share capital 100,000 Shareholders funds 297,000


ISEFJORDVAERKET, ELEKTRICITELSSELSKABET, lIS IFV Power Company Strandvejen 102, 2900 Hellerup Tel: +451 6241 41 Cable: Isekraft Telex: 37500 if v dk Telefax: +45 1 61 28 88

Board of Directors: J0rgen Gotfredsen (Chairman) Directors: Preben Schou (Managing Director)

PRINCIPAL ACTIVITIES: Generation of electricity Principal Bankers: Privatbanken Financial Information:

Sales turnover Partnership capital


1985 DKr'OOO

4,584,475 142,000

30.12.85 DKr'OOO

3,400,303 52,381 52,202 3,502

48,700 48.7% 52.4%

100,000 300,010

1986 DKr'OOO

3,647,046 142,000

ISS - INTERNATIONAL SERVICE SYSTEM AIS Kollegievej 6, DK-2920 Charlottenlund Tel: 1-630811 Cable: Interservice Telex: 19764 iss dk

Board of Directors: Olaf Finsen (Chairman), Erland Thrane (Vice Chairman), Poul Andreassen, Arne Madsen, Poul Gaarden, Helle M0rck, (Employee Representative), Holger E Nielsen (Employee Representative), Bill G Thomsen (Employee Representative)

Management Board: Poul Andreassen (President), U S0gaard, I Goldschmidt. W Schmidt

PRINCIPAL ACTIVITIES: Parent company of a group with interests in maintenance and cleaning services, security, energy control, laundry and leasing of garments and linen; supply of chemicals and equipment for the cleaning and maintenance industry; catering and canteen management,

Subsidiary Companies: ISS Det Danske Reng0rings Selskab A/S; ISS Securitas A/S; ISS Electronics A/S; ISS Hospitalsservice A/S; ISS Data A/S; ISS Inmentic A/S; ISS Clorius International A/S; ISS Leasing & Invest A/S; ISS Darenas International A/S; ISS Linnedservice A/S; ISS Videotex A/S; ISSELE; ISS Center for Service Management A/S; ISS Building Management Systems A/S; Handva3rker- & Servicecentralen A/S (50%), Denmark; ISS Servisystem A/S; ISS Catering A/S; ISS Vel-Vask A/S, Norway; ISS Clorius AB; EMAB AB (50%), Sweden; ServiSystems Oy (20%); KJA Oy; Vartiokeshus Bolagen Oy (20%), Finland; ISS Servisystem Ltd; ISS Darenas UK Ltd; ISS Clorius Ltd; ISS Securisystem Ltd, UK; ISS Servisystem GmbH, Hamburg; ISS Servisystem Stgt., Stuttgart (50%); ISS Servisystem KG (68.19%), Germany; ISS Holding SA; ISS Servisystem SA; ISS Hospital Service SA; ISS Securisystem SA, Switzerland; ISSMarischka GmbH, Austria; ISS Servisystem BV; ISS Securisystem BV, Netherlands; ISS Servisystem BV, Belgium; ISS Servisystem SA; ISS Hospital Service SA; ISS

26

Surveillance Franyaise SA; ISS Electronics SARL (50%); S.F. Languedoc Roussillon (67.10%); S.F. Midi Pyrenees (66.76%); S.F. Rhone Alpes (67.49%); S.F. Paris (65.16%), France; ISS Servisystem SA (30%); ISS Sec uri system SA (29%), Greece; SAEL (50%), Spain; ISS International Service System Inc (64.60%), USA; ISS Sulamericana Ltda (50%); ISS Darenas Ltda (50%); ISS Servisystem Com. E. Ind. Ltda (47.50%); Graber Securisystem Ltda (47.50%); Orbram Ltda (47.50%), Brazil

Principal Bankers: Privatbanken; Den Danske Bank Financial Information:

Group sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per share Earnings per share Share capital Shareholders funds" "excluding minority

shareholders

31.12.84 DKr'OOO

4,731,628 100,387 73,188

252,633 12,600

10% 49.78DKr

126,000 378,633

31.12.85 DKr'OOO

4.732,565 103,787 85,577

275,937 14,700

10% 58.22DKr

147,000 422,937

Principal Shareholders: C L Davids Foundation and Collection; The Danish Employees' Supplementary Pension Scheme (ATP)


J LAURITZEN HOLDINGS AIS See LAURITZEN, J, HOLDINGS A/S

JAKA Jydske Andelssl. Kons. Fabr AMBA H0jriisgardsvej 5, DK-8220 Brabrand Tel: (06) 26 06 66 Cable: Jakaham Telex: 64166 jaka dk

Chairman: Chr Hauge Christensen Directors: G Jensen

PRINCIPAL ACTIVITIES: Production of tinned ham, luncheon meat, sausages, tongue, liver paste and ready made meals; bacon, salami and other meat products

Principal Bankers: Den Danske Bank; Andelsbanken Financial Information:



1984 DKr"OOO

1,250.160 11,265 11,265 30,015 64,218

1985 DKr'OOO

1,356,706 8,108 8.108

53,000 72,170

JESPERSEN, A, & S0N INTERNATIONAL AIS Kormarksvej 20, DK-2600 Glostrup Tel: (01) 125843 Cable: Jespson Telex: 33712 ajs dk

Board of Directors: Erik Christofferson (Chairman), Mogens Hugo J0rgensen (Vice Chairman), Erik Fischer, Niels Jonassen, Aage Ellemann, Erik Andersen (appointed by the staff), Kai Vendelbo Mikkelsen (appointed by the staff)

Management: Keld Fuhr Pedersen(President). J0rn MaxJacobsen, Vagn M0rup

PRINCIPAL ACTIVITIES: Civil engineering and construction Subsidiary Companies: A Jespersen & S0n A/S; Nordia System

A/S; Frederikssund Stenva3rk A/S; AJOS Materiel; Viktoria Facader A/S; AJS-Modulbeton A/S


Sales turnover

No of Employees: 720 Group, 483 Company

JUTLAND SLAGTERIERNE Brarupgade 3, DK-7800 Skive Tel: (07) 52 17 00 Cable: Andelen Telex: 66717 JUTLAND

Chairman: N 0 Philipsen

31.12.84 DKr'OOO 719,980

Senior Executives: K Overgaard (Financial Manager), J Gmnnebaek (Sales Manager), G Stromsted (Production Manager)

PRINCIPAL ACTIVITIES: Production, sale and export of meat products

Trade Names: Jutland Subsidiary Companies: Jutland slagterierne (Mors Division);

Jutland slagterierne (Viborg Division) Principal Bankers: Den Danske Bank af 1871 A/S Financial Information: Group figures

Sales turnover Profit before tax Profit after tax Retained profit Dividends


JYDSK TELEFON A/S Jutland Telephone Co. Ltd 30 Sletvej. 8310 Aarhus-Tranbjerg J Tel: 06 29 33 66 Telex: 68647 Telefax: 06 29 54 99

1984 DKr'OOO

1,447,787 39,177 39,177

6,392 33,026

1985 DKr'OOO

1,584.183 47.549 47.549 12.600 35.309

Management: K Vestergaard (General Manager). K Broen Nielsen (Deputy-General Manager)

Directors: Kn 0stergaard (Chairman). F Madsen (Deputy Chairman). H G Lorentzen J L Halck. E Juel Nielsen. H Philip. Preben S0rensen. Else Frederiksen. S Chr Mellerup. Tom Togsverd. H Jensen. L T0rnres. F Kilden Nielsen. S Bisbjerg

Senior Executives: H Thorhauge (Financial Director)

PRINCIPAL ACTIVITIES: Installation and maintenance of telecommunications equipment

Subsidiary Companies: Danish Telecom International A/S (45%) Principal Bankers: Den Danske Provinsbank Financial Information:

31.12.84 DKr'OOO

Sales turnover 2.013.043 Profit before tax 230.920 Profit after tax 230.920 Dividends 6,000 Dividends per share 8% Share capital 75.000 Shareholdes funds 1.517.390

Principal Shareholders: Danish State (51%) No of Employees: 5.050

JYLLANDS-POSTEN A/S Gmndalsvej 3. DK-8260 Viby J Tel: (6) 146677 Telex: 68747 jylpo dk

31.12.85 DKr'OOO

2.316,470 234.611 234.611

6,000 8%

75.000 1.746.001

Board of Trustees of the J-P Foundation: Gunnar Henriksen (Chairman). Sven Bedsted. Ms Meta Elsborg. Ms Gudrun Frank Hansen. N P Bayer. Arthur Jensen. Laust Jensen. Vagn Bye Jensen. Asger N0rgaard Larsen

27

DENMARK Board of Directors: Laust Jensen (Chairman). Bendt R0rsted

(Vice Chairman). Knud Aage Fmbert. Ms Gudrun Frank Hansen. Hjalmar Haugaard. Gunnar Henriksen, *Hjalmar Frerch. *Ms Inge Meyer. *Gunnar Rasmussen. *Co-opted by staff

Board of Management: Asger N0rgard Larsen (Editor-in-Chief. President). Nils Thostrup. (Editor-in-Chief. Executive VicePresident). Tor Tolstrup (Editor-in-Chief. Executive Vice President). Tonny Hansen (Deputy Manager). Department Managers: Eli Hansen (Manager of Accounts Dept). Vagn S0rensen (Manager of Advertising Dept). Viggo Lorenzen (Manager of Distribution Dept), Lars Krogh (Manager of Sales Dept). S0ren A Petersen (Manager of Technical Dept). The "Scanprint" Printing House: Hugo Nygaard (Manager), Erling Bruun (Technical Manager). The "Centrum" Publishing House: Sven Bedsted (Manager). TV33 Informative Television: Laust Grove Vejlstrup (Manager)

PRINCIPAL ACTIVITIES: Publishing newspapers and printing Trade Names: Morgenavisen Jyllands-Posten Subsidiary Companies: Dansk Pressekommunikation A/S (Ud);

Distributionsselskabet at 20. November 1980 A/S (Ud) Principal Bankers: Den Danske Provinsbank Financial Information:

31.3.85 DKr'OOO

Sales turnover 454.198 Profit before tax 14.152 Profit after tax 4.330 Retained profit 3.330 Dividends 1.000 Share capital 17.000 Shareholders funds 39.583

Principal Shareholders: Jyllands-Postens Fond No of Employees: 1,000

JYSKE BANK

31.3.86 DKr'OOO 559,547 28,814 16,849 9,709 7.140

17,000 49,292

Vesterbrogade 9. PO Box 298. DK-1501 Copenhagen V Tel: +45 1 21 22 22 Cable: Jyskebank Telex: 16550 JYBKCD OK; 27340 JYBKC DK Telefax: +45 1 24 41 22

Chairman of the Board: Werner Nielsen Directors: Poul Norup (Chief Executive). Kaj Steenkjaer. E 0

Bruun. J Juhl Senior Executives: Robert Wunsch (Assistant General Manager.

Head of International Division). Hans-Erik Skov Nielsen (Head of Banking Department)

PRINCIPAL ACTIVITIES: Bank Subsidiary Companies: Silkeborg Datacentral A/S; Jysk Garanti;

Jysk Diskontering A/S, Denmark; Jyske Bank (Schweiz), Zurich, Switzerland


Profit before tax Profit after tax Retained profit Dividends Share capital Shareholders funds Deposits Total assets


JYSKE BRYGGERIER A/S Ceres Aile 1. 8100 Aarhus C Tel: (06) 125855 Cable: Ceres Telex: 64338 Danmalt

31.12.84 DKr'OOO

55.697 953.336

20% 274.900

1,772.112 13,703,772 28,596,979

Board of Directors: K E Borup (Chairman)

31.12.85 DKr'OOO

1.647.980 909,924

1,063,624 20%

274.900 2,615.361

19.650,717 43.265,822

DENMARK Management: E Lundbye (Managing Director), E Sodemann

(Technical Manager)

PRINCIPAL ACTIVITIES: Brewing of various types of beer and production of non-alcoholic beverages

Trade Names: Ceres Top, Thor Subsidiary/Associated Companies: Ceres Bryggerierne A/S;

Thor Bryggerierne A/S; Ceres Bryggerierne Hjoerring A/S; A/S Cerekem, Danish Food Technologists Ltd


Sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per share Earnings per share Share capital Equity capital


KAMPSAX A/S

30.9.86 DKr'OOO 523,985 24,254 22,489 18,089 4,400

10.00DKr 51.11DKr

44,000 203,024

Dagmarhus, H C Andersens Boulevard 12, 1553 Copenhagen V Tel: (01) 14 14 90 Cable: Kampsax Telex: 15508 kmpsx dk

Board of Directors: Mogens Kierulff (Chairman), E H Tersling (Vice Chairman), Erik Andersen (Elected by the Employees), 0 Damgaard-Nielsen, Lone Irgens (Elected by the Employees), Thomas Jaeger, C E Kampmann, Mogens Kierulff, Poul Lendal (Elected by the Employees), Sidney Mygind, Lars H Moller (Elected by the Employees), Jorgen Ulrik Saxild

Management: N Brockenhuus-Schack (Chairman), Erik Norsk, Svend Ostrup

PRINCIPAL ACTIVITIES: Consulting engineering and planning; civil engineering and construction; turnkey projects. Consulting services within transport and communication, particularly railways, highways and ports; industry and buildings; management and training; computer systems and technology; survey and mapping; goetechnical investigations; environment and rural development, including resource planning and development; offshore structures for oil and gas production; environmental protection and chemical waste disposal plants

Trade Names: Kampsax Subsidiary Companies: Kampsax International (Hong Kong) Ltd;

Kampmann, Kierulff & Saxild AfS; Kampsax Entreprise AfS; Kampsax Servicecenter A/S; AV Andersen & Co AfS; H Nielsen & Son AfS; Wejse Entreprise A?S; Nisgaard & Christoffersen A/S; KSC Transport A/S; Avedere Industrihus AfS; Kampsax Exploration A/S; Kampsax Data A/S; Geoplan AfS; Geodan; Orbit Mikrodata A/S. Partly owned subsidiaries: Kampsax-Pacific Ltd; Kampsax (Nigeria) Ltd; Darudec; DKK Water Consultants Inc; Chemcontrol AfS; Drilling Corporation of Asia Inc; Danagro Adviser A/S; Danish Arctic ContractorsDAC; Greenland Contractors; Danish Petroleum Enterprise lIS; KHM Servive 80 A/S; Sp0jteseskabet S/48 A/S; Danish Information Systems A/S; Dansk Ortofotoproduktion AfSDorpas



1986 DKr'OOO 719,000 23,800

Principal Shareholders: Civilingenior Otto Kierulff's Fond; Det Saxild'ske Familiefond; Mogens Kierulff


28

KEMISK VAERK K0GE A/S GI. Lyngvej 2, DK-4600 K0ge Tel: (03) 65 75 85 Cable: Koegewerk Telex: 4 35 89 kvk dk Telefax: 03-6630 19

Directors: Bent Jakobsen (Managing Director), F Dalton, K Kongstad, F Gravgaard

PRINCIPAL ACTIVITIES: Company's main production programme includes azo pigments, phthalocyanine pigments, organic and aqueous dispersions, and weed killers (phenoxy acids, technical and formulated)

Parent Company: Sad olin & Holmblad AfS SubSidiary Companies: KVK Benelux BV, Netherlands; Kemisk

Verk Kege AB, Sweden; Koegewerk GmbH, West Germany; KVK USA Inc, USA; KVK France SA, France; KVK (UK) Ltd; Runnymede Dispersions Ltd; Bell Dispersions Ltd, UK

Principal Bankers: Kj0benhavns Handelsbank A/S; Privatbanken A/S


Sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per share Earnings per share' Share capital Shareholders funds 'per 1,000 DKr share


31.12.84 DKr'OOO 734,444

22,955 19,984 13,389 6,595

80.00DKr 233.77DKr

82,436 165,326

KJ0BENHAVNS TELEFON A/S Copenhagen Telephone Company Inc KTAS N0rregade 21, DK-1199 Copenhagen K Tel: 45 1 0019 Cable: Ktas Telex: 19791 ktaskh dk

31.12.85 DKr'OOO 728,493

26,023 15,762 9,159 6,603

80.00DKr 190.70DKr

82,626 173,407

Board of Directors: Mogens Camre (Chairman), Mogens Kierulff (Vice Chairman), Nils Bernstein, J L Halck, Leif Hartmann, Flemming Jensen, S0ren T Lyngs0, Allan Philip, Bitten Rasch, Ruth Reving, J0rgen Wentzel, Flemming Woldbye, Nils Anker Konfoed, Henning Sams

Management: Per Ammitzb011, Henry H0gh, F Schkolnik (Finance Manager)

PRINCIPAL ACTIVITIES: Supplier of telephone service on the Danish islands of Zealand, Lolland-Falster and Bornholm

Trade Names: KTAS Principal Bankers: Privatbanken Financial Information:

Gross turnover Net turnover Profit after tax Dividends Share capital Total equity


KL0VER MJELK A.M.B.A. Silkeborgvej 705, DK-8220 Braband Tel: (06) 26 12 11 Telefax: (06) 261433

31.12.84 DKr'OOO

3,513,799 2,826,828

221,570 12,000

150,000 1,314,040

31.12.85 DKr'OOO

3,918,585 3,170,628

256,351 12,000

150,000 1,589,705

Board of Directors: Knud Harek Madsen (Chairman), Frede Hansen

PRINCIPAL ACTIVITIES: Milk and dairy products Trade Names: KI0ver Principal Bankers: Andelsbanken Financial Information:

30.9.84 30.9.85 DKr'OOO DKr'OOO

Sales turnover 1,559,962 1,467,516 Profit before tax 19,471 26,416 Profit after tax 19,471 26,416 Retained profit 1,800

Principal Shareholders: Cooperative Dairy No of Employees: 110

KOBENHAVNS BEL YNINGSVAESEN Copenhagen Lighting Department (The) Vognmagergade 8, 1149 Kobenhavn K Tel: (01) 127290 Cable: METROGAS Telex: 15996 encop dk

PRINCIPAL ACTIVITIES: Gas, electricity and district heating; public lighting systems


800

Sales turnover

1984 DKr'OOO

2,110,200

1985 DKr'OOO

2,500,247


K0BENHAVNS PEKTINFABRIK A/S DK-4623 Lille Skensved Tel: 45-3-669210 Cable: PEKTINKOEB LlLLE SKENSVED Telex: 43572 Telefax: 45-3-669446

Board of Directors: Bent Jakobsen, K Lund Kristensen, 0 B J0rgensen, Gordon L Allan

Board of Management: Bent Jakobsen, Keld Nielsen, Carl Edvard Jensen, Hans Henrik Hjorth, Jens Kristian Pedersen, Peter Salling

PRINCIPAL ACTIVITIES: Manufacture of pectin, carrageenan and other food ingredients

Trade Names: GENU Parent Company: Hercules Inc, Wilmington, DE, USA Subsidiary Companies: In Far East, Canada, West Germany and

France Principal Bankers: Handelsbanken; Copenhagen; Ringsted

Principal Shareholders: Hercules Inc No of Employees: 400

KOMMUNERNES PENSIONSFORSIKRING AS Nyropsgada 37, DK-1602 K0benhavn V Tel: (01) 122788

PRINCIPAL ACTIVITIES: Provision of pension and life insurance Financial Information:

Premium income

1984 DKr'OOO 855,000

KORN-OG FODERSTOF KOMPAGNIET A/S KFK Gr0ndalsvej, 8260 Vi by J Tel: (06) 1441 11 Telex: 68666

Board of Directors: T B Andersen (Chairman), H A Petersen, E T0nseth, S Sandvik, L S0rensen, W S0ndergaard

Management: P T0nnesen, A Beckenkamp, B Clausen. Vice Director: H Vandbrek. Deputy Directors: S A Eriksen, V Holm, H E Jensen, 0 Schultz

29

DENMARK PRINCIPAL ACTIVITIES: Grain merchants and millers;

seedsmen; animal feeds; distribution of agrochemicals including fertilizers

Subsidiary Companies: A/S Korn-og G0dningsforretningen af 1 Oktober 1970 (50%); Holdingaktieselskabet af 1 januar 1980; AIS Granumin; Dansk Sasred Kornexport A/S; AIS b-s specialfoder; Alfax Sydjydsk T0rrestation A/S; Sams0 Kornog Foderstofforretning AIS A Heegaard Hansen A/S (80.75%); Knud M01bjergs Rugeri AIS




KOSAN A/S

31.12.84 DKr'OOO

7,156,844 284,126 180,998 131,432

15,600 10%

156,000 836,801

Vester Farimagsgade 1, DK-1648 K0benhavn V Tel: (01) 142400 Telex: 16459 Kosgas DK

31.12.85 DKr'OOO

6,811,729 299,842 141,117 91,370 15,600

10% 156,000 928,187

Chairman: Svend K Tholstrup; Deputy Chairman: Ole K Tholstrup

Directors: Knud Skau Pedersen, Carl Aagaard, T Steen Pedersen

Senior Executives: A Heisterberg (Marketing), P Stolpe (Administration), T Stensballe (Economics, Accounting, Taxation)

PRINCIPAL ACTIVITIES: LP-gas equipment; shipping; powerplants; industrial engines

Trade Names: Kosan Gas Subsidiary Companies: Kosan Gas a/s; Kosan Tankers a/s;

Kosan Teknova a/s; Kosan Cylindric a/s; Kosan Crisplant a/s; Kosan SES a/s; Kosan Brunata a/s; Kosan Flextex a/s; Kosan Oscarmatic a/s; Kosan Suaneh0Y als

Principal Bankers: Copenhagen Handelsbank AIS Financial Information:

Group sales turnover Profit before tax Profit after tax Retained profit Dividends Share capital Shareholders funds -Change in accounting

principles 1984 & 1985

1984-DKr'OOO

1,398,921 125,781 81,821

314,029 16,000

100,000 444,029

Principal Shareholders: Tholstrup Family No of Employees: 2,100 Group

KRYOLITSELSKABET 0RESUND A/S See 0RESUND, KRYOLITSELSKABET, AIS

1985-DKr'OOO

1,430,912 109,572 79,525

308,014 18,000

200,000 508,014

KUWAIT PETROLEUM (DANMARK) A/S Kvaesthusgade 3, 1251 K0benhavn K Tel: (01) 32 20 85 Telex: 27048 Telefax: (01) 11 90 83

Chairman: Nader Hamad Sultan Directors: Bo Gjetting (Managing Director), B Webb (Manager,

Refinery), Ole Bjerregaard (Manager, Retail Sales), H P Slot (Manager, Finance), B R Nielsen (Employee Representative), Jytte Rudolph (Employee Representative), F Bekker (Employee Representative), P Fugmann (Lawyer)

DENMARK Senior Executives: J P Beyer (Manager, Direct Sales), J E

Hegaard Nielsen (Manager, Operation), Margret Gudmundsdottir (Manager, Human Resources), H P Slot (Manager, Finance)

PRINCIPAL ACTIVITIES: Refining and marketing of oil products Trade Names: OB Parent Company: Kuwait Petroleum Corporation International

NV, Netherlands Antilles Subsidiary Companies: Kuwait Petroleum Refining (Danmark)

A/S; Kuwait Petroleum Transport (Danmark) A/S Principal Bankers: Den Danske Bank, Copenhagen Financial Information: Consolidated

Sales turnover (Loss) before tax ( Loss) after tax Retained profit Share capital Shareholders funds


L M ERICSSON A/S See ERICSSON, L M, A/S

31.12.84 (12 mths) DKr'OOO

7,283,724 (141,753)

(87,153) 609,818 247,000 643,238

LARSEN & NIELSEN CONSTRUCTOR HOLDING A/S Datavej 44, DK-3460 Birkered Tel: 2-81 77 11 Cable: STRUCTOR Telex: 37513 larni dk Telefax: 2-813467

30.6.86 (18 mths) DKr'OOO

8,633,953 (695,184) (501,084) 108,739 247,000 142,159

Chairman: Olav Grue; Vice Chairman: Erik Rasmussen Directors: Bjern Andersen, Arne Dressing, Verner Knap, Kaare

Hoeck, S Thorn Jakobsen, Robert Kech-Nielsen, Poul 0 Meller, Bent Rensler, E Sprunk-Jansen, Marianne Thomsen

Senior Executives: Kaare Hoeck (Chief Executive Officer), Bent C Jensen, Poul 0 Meller, S Thorn Jakobsen

PRINCIPAL ACTIVITIES: Holding company whose activities include capital allocation and coordination of strategies. Subsidiaries are engaged in contracting activities within residential housing, commercial and public building in Denmark; urban renovation; complete engineering design for structures to be built by industrialised building methods; sales of building materials to contractors, builders, craftsmen and to private persons through building material supermarkets in Denmark and Greenland

Subsidiary Companies: Larsen & Nielsen Enterprise A/S; L & N International A/S; Superbyg A/S


1984 DKr'OOO

Group sales turnover 1,258,807 Profit before tax 37,887 Profit after tax 24,613 Retained profit 18,889 Dividends 5,760 Dividends per share 12% Earnings per share 51.35DKr Share capital· 48,000 Shareholders funds 145,764 ·Capital extension in 1984

and 1985

LAURITZEN, J, HOLDINGS A/S Sankt Annae Plads 26, DK-1250 Kebenhavn K Tel: (01) 11 1222 Cable: Lauritzen Copenhagen Telex: 15522 jlau

1985 DKr'OOO

1,526,437 32,969 18,015 10,815 7,200 12%

60,000 178,531

30

Board of Directors: E N Meller (Chairman), A Drejet (Deputy Chairman), H Lauritzen, P Schmidt

Management Committee: S 0 Madsen

PRINCIPAL ACTIVITIES: Shipping and offshore drilling Subsidiary Companies: J Lauritzen AS; J Lauritzen (USA) Inc;

Grenaa-Hundested Linien AS; Lauritzen Reefers AS; J Lauritzen SL (Spain); JL Offshore Drilling Inc (USA); Lauritzen Energy Inc (USA); Mols Linien AS; Pearl Cruises of Scandinavia Inc (98%) (USA); DFDS; Centralvaskeriet Esbjerg AS; Dan Shipbuilding Service AS; Danish Tourist Bureau Ltd (UK); DFDS Bech Spedition AS; DFDS Belgo-Danoise NV (Belgium); DFDS Deutschland GmbH (Germany); DFDS Transport BV (Netherlands); DFDS Hanse-Ferries GmbH (Germany); DFDS Norge AS (Norway); DFDS Scan Line Ltd (Eire); DFDS (UK) Ltd; Fast Ltd (UK); Greaves and Lamming Ltd (UK); Hansen & Bjerrum AS; Harwich Transport Ltd (UK); Hoe Street Travel Ltd (UK); Marsden Freight Services Ltd (UK); Roland Munch ApS; Scan Seaway Chartering AS; Tor Line BV (Netherlands); Tor Line AB (Sweden); Tor Line Syd AS (Sweden)

Principal Bankers: Commerzbank; Manufacturers Hanover Trust Co; Hambros Bank Ltd; Brown Brothers Harriman; Morgan Guaranty Trust Co; Royal Bank of Canada; Kjobenhavns Handelsbank; Den Danske Bank A/S; SDS; R Henriques jr

Financial Information: Group:

Sales turnover (Loss) after tax Share capital


31.12.84 DKr'OOO

9,900,000 (249,000)

44,000

LEMVIGH-MULLER & MUNCK A/S Postboks 2160, DK-1456 Kebenhavn K Tel: (01) 150525 Cable:JERN Telex: 22666 staal dk

31.12.85 DKr'OOO

11,183,930 (55,040) 44,000

PRINCIPAL ACTIVITIES: Import and distribution of steel including, sheet piling, bolts, nails, steel wire mesh; aluminium and stainless steel

Principal Bankers: Den Danske Bank A/S Financial Information:



MAN B&W DIESEL A/S

1984 DKr'OOO

1,962,770 204,530

Stamholmen 161, DK-2650 Hvidovre, Copenhagen

Tel: (01) 49 25 01 Cable: manbandw Telex: 16592,16573 manbw dk

Board of Directors: Aage RUth (Chairman), Kenneth Bergen, Dr Hans-Helmut Giersch, Dr Klaus Gotte, Ingvart Gren, Dr Hans Singer, Per Streh, Cato F Sverdrup, Otto Grieg Tidemand

Executive Board: Gerrit Korte (President), Leif Juul Jergensen (Executive Vice President), Rudolf Rupprecht (Executive Vice President), Dr Hans-JOergen Schulte (Executive Vice President)

PRINCIPAL ACTIVITIES: Mechanical engineering; production of maChinery, diesel engines; service of diesel engines

Trade Names: MAN B&W Diesel Parent Company: MAN B&W Diesel GmbH Subsidiary Companies: Foreign offices in 24 countries

worldwide Principal Bankers: Den Danske Bank af 1871 aktieselskab;

Privatbanken

Financial Information: 30.6.84 30.6.85

DKr'OOO DKr'OOO Sales turnover 1,857,100 1,859,817 Profit before tax 66,000 42,599 Profit after tax 58,700 34,020 Retained profit 58,700 20 Dividends 34,000 Dividends per share 37.69DKr Earnings per share 65.00DKr 37.72DKr Share capital 90,200 90,200 Shareholders funds 195,400 195,425

Principal Shareholders: MAN Aktiengesellschaft, Munich, West Germany


MECOBENZON A/S Halmtorvet 29, 1503 Copenhagen V Tel: (01) 31 01 94 Cable: Mecoben Telex: 16148 mb dk

Board of Directors: Henning Ostergaard (President), Niels Thorsen (Chairman)

Management Board: Niels Thorsen, Vincent Petersen, Johs Petersen, Jens Thorsen, K Koch Jensen, Steen Halmind, Svend Adler Christensen, J0rgen Hansen, Gert Krogs0e

Senior Executives: Bent Lehmann (Sales Director), Peter Bj0rn Jensen (Comptroller), Ernst Muller (Technical Director), Svend Pedersen (Sales Director)

PRINCIPAL ACTIVITIES: Wholesale pharmaceutical products Parent Company: A/S Alfred Benzon (100%) Subsidiary Companies: Nyrop & Maag AlS, Chr. F Petri's EFTF.

APS

Principal Bankers: Den Danske Bank af 1871 A/S; Privatbanken AfS


31.12.84 31.12.85 DKr'OOO DKr'OOO

Sales turnover 1,266,100 1,447,682 Profit before tax 31,858 Profit after tax 21,821 Retained profit 14,621 Dividends 7,200 Dividends per share 15% Earnings per share 45.5% Share capital 48,000 Shareholders funds 62,234


MEJERISELSKABET DANMARK AMBA See DANMARK, MEJERISELSKABET, AMBA

MEJERISELSKABET ESBJERG A.M.B.A. Kvaglundvej 84, 6700 Esbjerg Tel: (05) 140144

Telex: 54142

Board of Directors: Knud Harck Madsen (Chairman), M Wolthers

Senior Executives: 0 Willemoes (Finance Manager)

34,846 24,490 17,290 7,200 15% 51%

48,000 79,524

PRINCIPAL ACTIVITIES: Production of milk, butter, cheese, UHT milk, milk powder, fruit juice, refreshing drinks

Trade Names: Sun Glory, Rigtig Juice, Matilde

Subsidiary Companies: UK Cheese Import Ltd; Mayo-Pikant A/S; W A Werner A/S; UK Cheese Export Ltd; Danish Longlife Milk; UK Kase Import G.M.B.H.

Principal Bankers: Andelsbanken A/S; Den Danske Bank A/S

31




1984 DKr'OOO 941,160

41,960

MIDTKRAFT, INTERESSENTSELSKABET, lIS Spanien 19,8000 Aarhus C Tel: (06) 134200 Telex: 64746 mk dk

Directors: B H Nielsen

PRINCIPAL ACTIVITIES: Generation and distribution of electricity


Sales turnover (Loss) before tax


MILCO EXPORT AMBA

31.12.84 DKr'OOO 811,825 (31,064)

Christian IX's Gade 1, DK-l111 K0benhavn K Tel: (01) 11 3702 Cable: Milcoex Telex: 15934 amico dk

Board of Directors: J H Madsen

31.12.85 DKr'OOO 938,126

(123,773)

PRINCIPAL ACTIVITIES: Wholesale and distribution of whole milk powder, skimmed milk power, baby food, ice-cream powder and frozen cream



No of Employees: 30

MOBIL OIL A/S

1984 DKr'OOO

1,203,950 6,430

H.C. Andersens Boulevard 1, DK-1553 K0benhavn V Tel: (01) 126663 Cable: Mobiloil Telex: 22935

Board of Directors: A Britten (Managing Director), A Brekke, E Kvistgaard

PRINCIPAL ACTIVITIES: Distribution of industrial oils and greases, crude oil and products from crude oil

Parent Company: Mobil Oil Corporation Principal Bankers: Privatbanken; Jsyke Bank Financial Information:

Sales turnover


MONBERG & THORSEN A/S Oslo Plads 12, DK-21 00 Copenhagen Tel: (01) 26 33 66 Cable: Monthor Telex: 16786 montor dk

Chairman: Niels Thorsen

1984 DKr'Ooo

1,101,520

Directors: Jens Thorsen (Managing Director), Axel Hansen, Bent Madsen, Finn Juel Hansen, Peter Bock, C Tvede-Moeller, H 0 A Kjeldsen, Torben Monberg

Senior Executives: Hans Peter Holm (Manager), Knud Kaestel (Manager), Kaj Sch0ning (Manager)

DENMARK PRINCIPAL ACTIVITIES: Construction, civil, mechanical and

electrical engineering Subsidiary/Associated Companies: (100% owned unless stated):

Saabye & Lerche A/S; Monberg & Thorsen AIS (Norway); Arssarnerit AIS (84%); S Dyrup & CO AIS (34%); AIS Alfred Benzon (50%); Codan Gummi A/S; Coronado Paint Co Inc (25%) (USA); Filbr. de Tintas de Sacavem (49%) (Portugal); IAMcolor SpA (50%) (Italy); AIS Sch0nning & Arve; Heston Codan Rubber Ltd (UK); Codan Gummi GmbH (Germany); AB Hydraulslang (49%) (Sweden); Mecobenzon AlS; Nyrop & Maag A/S; Chr. F Petri's Eftf lIS and others in Saudi Arabia, Panama and Thailand

Principal Bankers: AIS Kjoebenhavns Handelsbank Financial Information:

1984 DKr'ooO

Sales turnover 3,593,000 Profit before tax 41,600 Profit after tax 23,500 Dividends 1,920 Dividends per share 6% Share capital 32,000 Shareholders equity 189,800

1985 DKr'OOO

3,950,000 84,000 61,200 3,200

10% 32,000

211,800

No of Employees: 4,400 Group 1,400 Parent Company

NESA A/S Strandvejen 102, 2900 Hellerup Tel: +45 1 6241 41 Cable: Nesa, Hellerup Telex: 37500 Telefax: +45 1 62 63 36

Board of Directors: J0rgen Gotfredsen (Chairman) Management: Pre ben Schou (Managing Director)

PRINCIPAL ACTIVITIES: Distribution of electricity Principal Bankers: Privatbanken Financial Information:

Sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per share Earnings per share Share capital Shareholders funds

31.12.85 DKr'OOO

2,421,024 34,063 30,085 16,585 13,500

10% 0.13DKr 135,000 317,959

31.12.86 DKr'ooO

2,152,464 35,877 29,884 16,384 13,500

10% 0.13DKr 135,000 334,343

Principal Shareholders: Municipality of Gentofte (56.7%); County of Copenhagen (22%)


NESTLE DANMARK A/S Masned0gade 20, DK-2100 K0benhavn 121

Tel: (01) 29 16 11 Cable: Nestnord Telex: 15753 nestle dk

Managers: F W Brandt (Export Manager), John Olsen (Sales Manager), Erik Waever (Sales Manager), K Schriver (Purchasing Manager)

PRINCIPAL ACTIVITIES: Manufacture of tinned milk products and frozen fish; trade in instant coffee, instant food, chocolate culinary products for catering and vending

Trade Names: Nestle, Nestea, Nescafe, Nesquik, Maggi Parent Company: Nestle SA, Vevey, Switzerland Subsidiary Companies: AIS Findus Principal Bankers: Handelsbanken; Privatbanken; Den Danske

Bank

32




NIRO ATOMIZER (A/S) 305 Gladsaxevej, 2860 Soeborg Tel: 45 (1) 691011 Cable: Atomniro Copenhagen Telex: 15603 atomn dk Telefax: 45 (1) 691414

1984 DKr'Ooo

1,426,480 20,085

Management: Ole Andersen (President), E Houghton-Larsen (Executive Vice-PreSident), Bendt Starup (Executive VicePresident)

Senior Executives: Keith Masters, Viggo I Nielsen

PRINCIPAL ACTIVITIES: Design, marketing and construction of industrial drying equipment; removal of toxic gases from exhaust air (power works/industrial inCineration)

Trade Names: NA Parent Company: AIS De Danske Sukkerfabrikker (DDS) Subsidiary Companies: NA Trocknungsanlagen GmbH

(Germany); Niro Atomizer Ltd (UK); Laguilharre SA (France); Niro Atomizer Italia SpA (Italy); Abrahamsen & Co A/S; BOLA A/S; Enalectric ApS; Bilwinco AS; ENACO Aps; Ste Francaise Niro Atomizer (France); Niro Atomizer SA (Spain); Niro Atomizer Inc (USA); Niro Atomizer Food & Dairy Inc (USA); Bowen Engineering (USA); Niro Atomizer Gesellschaft mbH (Austria); SA Niro Atomizer (Benelux) NV (Belgium); Niro Atomizer BV (Netherlands); Niro Atomizer AG (Switzerland)

Principal Bankers: Privatbanken AlS; Den Danske Bank af 1871 AIS



Principal Shareholders: DDS No of Employees: Worldwide 1,700

1984/85 DKr'OOO

1,630,600 55,900 44,700

120,000 320,200

NOR DISK ANDELSFORBUND Vester Farimagsgade 1,5, OK-16OS Copenhagen V Tel: (01) 151533 Cable: Norforbund Telex: 27111 naf dk

1985/86 DKr'ooO

1,515,900 41,200 23,000

150,000 308,800

Board of Directors: Eero Rantala (Chairman), Erlendur Einarsson, Ebbe Groes, Knut VErdal, Viii no Hakala, Leif Lewin, Finn Edvardsen, Bjarne M0gelh0j, Eric Forsberg, Juhani Pesonen, Bent Le Favre, Ake Zetterstrom, Jere Lahti

Management: Leif Blomkvist (Managing Director)

PRINCIPAL ACTIVITIES: Buying organisation for the consumers' cooperative central organisation in Norway, Sweden, Finland, Iceland and Denmark

Trade Names: NAF Subsidiary Companies: Branch offices in Valencia, Bologna,

Hamburg, Santos, Buenos Aires, San Francisco and Hong Kong

Principal Bankers: Andelsbanken Financial Information:

Total turnover Earnings before tax Earnings after tax Shareholders equity

31.12.84 DKr'OOO

3,166,100 5,600 5,100

19,200

31.12.85 DKr'OOO

3,368,000 6,100 6,100

20,300

Principal Shareholders: FOB Denmark; KF Sweden; NKL Norway; SOK Finland; EKA Finland; SIS Iceland

No of Employees: 52

NORDISK FJERFABRIK A/S Gittervej 4, Frihaven, 2100 Koebenhavn 121 Tel: (01) 26 20 30 Cable: Norbedding Telex: 16300 norbed dk

Board of Directors: J Petersen, I Fagerlund, J Blucher Sch0nfeldt

PRINCIPAL ACTIVITIES: Synthetic filling materials, down and feathers, pillows, quilts and household linens




1984 DKr'OOO

1,994,440 33,550

NORDISK SOLAR COMPAGNI, A/S Haderslevvej 25, 6000 Kolding Tel: (05) 52 12 33 Cable: Solar Telex: 51353 solar dk

Board of Directors: Harald J0rgensen (Chairman and Managing Director), J0rgen Borum (Managing Director), Andreas Schou, Henning Juhl, Stener Fcerch, Jens Borum, Henning Bing Andersen, Johannes Christensen, Ole Vistoft Nielsen

General Managemant: Harald J0rgensen, J0rgen Borum, Thorkild Thage-J0rgensen

Senior Executives: Bent H Jensen, K Thisted, C H I2Irssleff

PRINCIPAL ACTIVITIES: Wholesale lighting fittings for the domestic and commercial market and for the shipping industry; lampholders and parts for the lighting industry

Trade Names: Solar Subsidiary Companies: AIS Solar-Armaturproduktion; AfS

Audiola; A/S Solar Invest; Rudolph Schmidt AIS Principal Bankers: Den Danske Bank Financial Information:

Sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per share Earnings per share pre-tax Share capital Shareholders funds

Principal Shareholders: Solar Holding A/S No of Employees: 919

NORDISK WAVIN A/S Wavinvej 1, DK-8450 Hammel Tel: (06) 962000 Cable: Norwavin Telex: 60676 wavin dk

Chairman: B A Q Laumans

31.12.84 DKr'OOO

1,120,796 94,908 38,153 56,755 15,000

30% 158.18DKr

60,000 264,620

Directors; E Normark S0rensen (Managing Director), B A Q Laumans, 0 WAH M Mengelberg, Hans-Gunter Abet, H Siboska, M Christensen, A J Bang

Senior Executives: F M011er Christensen (Sales and Marketing Director), F Hansen (Production and Materials Handling Manager), P F Holm (Financial Director), E Kalriis (Research and Development Manager) K M01bak (Logistic)

PRINCIPAL ACTIVITIES: Extrusion and injection moulding of thermoplastics

Trade Names: Wavisafe, Wafix, Wavin, Wavingas

33

DENMARK Parent Company: Part of the Dutch Wavin Group Subsidiary Companies: Norsk Wavin A/S; Svenska Wavin AB;

Sou men Wavin Oy Principal Bankers: Handelsbanken; ABN Bank Financial Information:

1985 DKr'OOO

Sales turnover 534,552 Profit before tax 86,127 Profit after tax 43,926 Dividends 30,000 Share capital 30,000

Principal Shareholders: Wavin BV, Netherlands No of Employees: 434

1986 DKr'OOO 653,926 110,305

56,451

30,000

NORDISKE KABEL-OG TRAADFABRIKER (AKTS) NKT La Cours Vej 7, DK-2000 Frederiksburg Tel: +45 1 871234 Cable: Kabelfabrik Telex: 27121 nkt dk

Chairman: Erik Mollerup Board of Executive Directors: Reidar Klausen (President), B0rge

Johansen (Executive Vice-President, Technical), E I2Igard (Executive Vice-President, Financial), Gerhard Albrechtsen (Executive Vice President, Power Cables)

Senior Executives: Ole Steen Andersen (Group Vice President and General Manager, NKT Elektronik), Keld Sengel0v (Group Vice President, Subsidiary Companies), G Brun Hansen (Executive Vice-President and General Manager, NKT Installation Cables), P M011er (Executive Vice-President and General Manager, NKT Telecom Cables), E Sunke (Executive Vice-President and Genera} Manager, NKT Wire Works)

PRINCIPAL ACTIVITIES: Manufacture and sale of cables for power and communication purposes, including fibre optics and opto-electronics; environmental engineering; submarine oil and water pipelines; steel wire products; sanitary products

Trade Names: NKT Subsidiary Companies: CN-Barma Armatur A/S; Enkotec a/s;

HEAS Maskinfabrik A/S; Aktieselskabet M.V. Ludvigsen, Metalgarden; NITODAN A/S; A/S Pettersson og Palner; Fr. Rasch's Eftf A/S; UNI-BOL T A/S; A/S UNI-FER, Denmark; Elektriska Aktiebolaget ABETA, Sweden; Fulgo Metals Ltd; Nordiske Kabel-og Traadfabriker (UK) Ltd, UK; NKT (Norge) AIS, Norway; NKT SUD SpA, Italy; NKT, India; NKT US Inco, USA


Group sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per share Earnings per share Share capital Shareholders funds

Principal Shareholders: FLS; ATP No of Employees: 3,500

NORMEAT A/S Vendersgade 23-25, DK-7500 Holstebro Tel: (07) 42 21 00 Cable: Royal Dane Telex: 66419 royald dk

Chairman: Ole T Krogsgard

31.12.84 DKr'OOO

2,088,364 118,013 90,927 60,275 30,652

12% 36%

255,434 759,552

DENMARK Management Board: Ole R Laustsen (Managing Director), N

Martinsen, K Fich, J Jakobsen, H J0rgensen, H Conradsen, P Christensen

Senior Executives: P E Jensen (Production Manager), N Baadsgard Hansen (Production Manager), E Carlson (Management Secretary) E Haldager Jensen (Financial Manager), Ove Christiansen (Export Manager)

PRINCIPAL ACTIVITIES: Pig and sow slaughtering; fresh meat; production of sausages and canned meats; global exportation of livestock

Trade Names: Normeat, Royal Dane Subsidiary Companies: Royal Dane AlS, Holstebro; Royal Dane

AIS, K0benhavn; Normeat Holding & Export Co, Denmark; Normeat (UK) Ltd, UK; Royal Dane Inc, USA

Principal Bankers: Den Danske Bank; Vestjysk Bank AIS Financial Information:



NOVENCO A/S DK-4700 Naestved Tel: (03) 724222 Telex: 46210, nv nae dk Telecopier: +453 724072 (Rank Xerox 495)

1984 DKr'OOO 740,128

8,517 7,515 5,000

73,719

Board of Directors: Palle MarcOs (Chairman), Vagn-Aage Jensen, Uffe Nielsen, Peter S Antonsen

Senior Executives: Erling Jensen (Vice President, Research and Development)

PRINCIPAL ACTIVITIES: Ventilation and air conditioning Trade Names: HI-PRES, VARIAX Subsidiary Companies: NOVENCO A/S (Norway); NOVENCO AB

(Sweden); NOVENCO Klima- und Lufttechnik GmbH (Germany); NOVENCO SpA (Italy); NOVENCO Aerex Ltd (UK); NOVENCO BV (Netherlands); NOVE NCO Canada Inc (Canada); NOVENCO Inc (USA); NOVENCO Engineering Pte Ltd (Singapore); NOVENCO Nippon Ltd (Japan); NOVENCO Marine ApS (Korea Branch Office); NOVENCO (Malaysia) Sdn Bhd (Malaysia)

Principal Bankers: Copenhagen Handelsbank Financial Information:

Sales turnover Profit (loss) before tax Profit (loss) after tax Retained profit Share capital Shareholders funds

30.4.85 DKr'OOO 789,493

5,513 25,794

106,696 52,500

191,482

Principal Shareholders: A/S De Danske Sukkerfabrikker No of Employees: 1,600

NOVO INDUSTRI A/S Novo Aile, DK-2880 Bagsvaerd Tel: (02) 982333 Cable: Telanovo Telex: 37173 novo dk Telefax: (02) 982733

Chairman: Bent Iversen

30.4.86 DKr'OOO 818,227 (14,398) (8,281) 83,216 52,500

168,002

Office of the Chief Executive: Mads Oevlisen (PreSident), Niels W Holm (Chief Operating Officer), Ulrik V Lassen (Chief Science Officer)

Executive Vice Presidents: Erik S0rensen (Bioindustrial Group), Sonnich Fryland (Pharmaceuticals Division), Mads Ravn S0rensen (Personnel, Communications and Information Systems), Kurt Anker Nielsen (Corporate Finance), Harry H

34

Penner (Legal and Regulatory Affairs), Jesper Drejet (Ventures). Vice Presidents: Claus Brcestrup (Research and Development, Pharmaceuticals), Gert Svanholm (Biochemicals Division), E Steen Andersen (Production, Pharmaceuticals), Eivind Jaksland (Plant Administration and Services). John Pedersen (Purchasing and Materials Management), lise G Heding (Research and Development, Diabetes), Bent Hauerberg Madsen (Controller), Allan Winther (Treasurer), Ulf Horsing (Personnel), Knud Aunstrup (Enzymes Research and Development), Peter Tang (Product Research and Development, Pharmaceuticals), Per Andersen (Engineering), Peter R Harsant (Business Development, Pharmaceuticals), Claus KOhl (Medical Department and Drug Regulatory Affairs), Steen Riisgaard (Detergent Enzyme Division), J0rgen Krag Jensen (Enzyme Process Division)

PRINCIPAL ACTIVITIES: Research, production and marketing of pharmaceutical specialities and enzymes for medical and industrial uses; main products; insulin, hormone preparations, antibiotics, heparin and glucagon; enzymes for the starch and detergent industries

Subsidiary Companies: Novo Industrie GmbH (Germany); Novo Industrie Pharmaceutique SA (France); Novo Industries (Pharmaceuticals) (Pty) Ltd (South Africa); Novo Industri A/S (Norway); Novo Ferment (Schweiz) AG (Switzerland); Novo Industrie (Pharma Schweiz) AG (Switzerland); Novo Laboratories Inc (USA) and its subsidiary Novo Biochemical Industries Inc (USA); Novo Industri AB (Sweden); Novo Industri Oy (Finland); SA Novo Industri NV (Belgium); Novo Farmaka A/S (Denmark); Novo Enzym A/S (Denmark); Novo Espana SA (Spain); Novo Industri GesmbH (Austria); Novo Industri do Brasil Industria e Comercio Ltda (Brazil); Novo Industri BV (Netherlands); Novo Laboratories Ply Ltd and its subsidiary CSL-Novo Ply Ltd (Australia); Novo Industrie Enzymes SA (France); Novo Diagnostic Systems A/S (Denmark); Novo Industri A/S Ltd (UK) and its subsidiaries Novo Laboratories Ltd, Novo Enzyme Products Ltd and Novo Industri UK Ltd (UK); Novo Industri (Japan) Ltd (Japan); Novo Laboratories (Ireland) Ltd (Eire); Novo Enzimi Italia Sri (Italy); Novo Hellas Ltd (Greece); Nippon Novo Ltd (Japan): Novo Farmaceutici Italia Sri (Italy); Novo Yakuhin K.K. (Japan); Novo Biochemical Industry Japan Ltd (Japan); Novo Laboratories Ltd (Canada); Novo Industri limited (Hong Kong); Novo Industri (Portugal) Comercio de Produtos Farmaceuticos Lda (Portugal); Alfred J0rgensen Laboratory for Fermentation Ltd (Denmark). Associated companies: S.A.V.P.O. (France); Squibb-Novo Inc (USA); Connaught Novo Ltd (Canada)

Principal Bankers: A/S Kjoebenhavn Handelsbank; Morgan Guaranty Trust Co; Morgan Grenfell & Co Ltd; Goldman, Sacks & Co; Deutsche Bank AG; Swiss Bank Corporation

Financial Information: 31.12.84 DKr'OOO

Sales turnover 3,766,469 Profit before tax 917,598 Profit after tax 685,473 Retained profit 584,215 Dividends 101,258 Dividends per share 20% Earnings per share 27.08DKr Share capital 506,292

Shareholders funds 4,437,363

Principal Shareholders: Novo Foundation No of Employees: 4,828

NOVOPAN TRAEINDUSTRI A/S Pindstrup, DK-8550 Ryomgard Tel: (06) 39 61 00 Cable: NOVOPAN Aarhus Telex: 60672 pinds dk

Chairman: E Sandal Directors: T Bojsen-Moeler, 0 Oestergaard

31.12.85 DKr'OOO

4,117,697 871,612 604,398 502,449 101,949

20% 23.79DKr

509,744 4,888,138

PRINCIPAL ACTIVITIES: Timber industry including plywood and chipboard

Trade Names: NOVOPAN, SPAANDEX, VIBOPAN Principal Bankers: Sydbank; Den Danske Bank; Handelsbanken Financial Information:

Sales turnover Profit before tax Share capital Shareholders funds


30.9.84 DKr'OOO 293,654

18,898 75,000

100,704

OOENSE STAALSKIBSV.ERFT A/S Odense Steel Shipyard Ltd PO Box 176,5100 Odense C Tel: (09) 97 44 44 Cable: Staalverft Telex: 59849; 59859

President: Troels Dilling Directors: Henrik Gunge (Executive Vice President,

Commercial), Torkel Lund (Executive Vice President, Environment/Service), Kurt Andersen (Executive Vice President, Technical)

30.9.85 DKr'OOO 293,823

7,411 75,000

109,129

Senior Executives: Erik B Cruse (Vice President, Personnel and Labour Relations), P Sparre Andersen (Vice PreSident, Economics), Ib Christensen (Vice PreSident, Purchasing), Torben Andersen (Vice PreSident, Development), Poul S0rensen (General Manager, Marketing and Sales), P Haurdahl (General Manager, Quality Control)

PRINCIPAL ACTIVITIES: Building ships of all types and sizes, barges and modules

Trade Names: Odense Steel Shipyard Ltd, Odense-Lind0 Parent Company: A P Moller, Copenhagen Financial Information:

Sales turnover


1984 DKr'OOO

2,426,000

0ERNES KONSUMM.ELKS SELSKAB AMBA S0ndervang 2, 4100 Ringsted Tel: (03) 61 42 00 Telex: 45124

Board of Directors: K Egelund

PRINCIPAL ACTIVITIES: Manufacture of all milk products and cheese

Trade Names: Caole, Ylette, Viking Principal Bankers: Andelsbanken; Sparekassen Financial Information:

Sales turnover


OLIESKABET OANMARK AMBA See DANMARK, OLiESKABET, AMBA

DKr'OOO 600,000

OLIVARIUS & CHRISTENSENS EFTF A/S Herstedvang 10, DK-2620 Albertslund Tel: (02) 96 76 33 Telex: 33306 dk

PRINCIPAL ACTIVITIES: Wholesale dairy products, eggs, fruit, vegetables, bakery products, groceries, tea, coffee, cocoa, chocolate: import and wholesale of paper and household and kitchen articles

Principal Bankers: Privatbanken

35


Sales turnover


1984 DKr'OOO 917,630

0RESUNO, KRYOLITSELSKABET, A/S Strandboulevarden 84, OK 2100 Copenhagen 0 Tel: +45 1 26 66 40 Cable: Oeresund Telex: 911 87 15 Oeresund ttx OK; Teletex 2381-11 87 15

Oeresund Telefax: +45 1 26 66 23

Board of Directors: Elected by Shareholders: Ebbe J B Christensen (Chairman), Knud Over0 (Vice Chairman), Jens M Howitz, Palle Jeppesen, Hans Henrik Koefoed, Arthur Schmiegelow. Elected by Employees: Henrik Granskov Hansen, Edvard Moer, Egon Juel Rasmussen

Managing Director: Nils Pagh General Managers: Knud Erik Aunsholt, Peter Schmidt Hansen

PRINCIPAL ACTIVITIES: The Group is engaged in cryolite processing and mineral prospecting; the manufacture of food products including almond paste, nougat, confectionery, cookies and snacks; high pressure cleaners for cleaning purposes in agriculture, industry and the automobile industries; bakery machinery; electronics including electromedical, scientific and industrial measuring equipment

Subsidiary Companies: Dansk Salt I/S (PartnerShip 50%); Gr0nlands Prospekterings-og Mineselskab A/S; Danish Fancy Food Group A/S; Danish Fancy Food Group (UK) Ltd (UK); Danish Fancy Food Group (Hong Kong) Ltd (Hong Kong); Gerni Cleaning Equipment A/S; Gerni Sales and Service Ltd (UK); Gerni Pressure Cleaners Ltd (Eire); Gerni France SA (France); Meincke Food Processing Equipment A/S (75.5%); Dantec Elektronik A/S; Dantec Electronics SA NV (Belgium); Dantec Electromedical and Scientific Equipment Ltd (Canada); Dantec Electronics Ltd (UK); Dantec Electronique SA (France); Dantec Electronik BV (Netherlands); Dantec Electronics (Far East) Ltd (Hong Kong); Dantec Elettronica SpA (Italy); Dantec Elektronische Messgerate GmbH (Germany); Dantec Electronics Inc (USA)


Group net turnover Profit before tax Profit for the year Dividends Share capital Total equity

31.12.84 DKr'OOO

1,335,532 115,482 72,195 26,185

135,000 556,534

No of Employees: 1,942 Group; 145 Company

0ST JYSKE SLAGTERIER AMBA Torvegade 5, Postboks 188,8850 Bjerringbro Tel: (06) 68 13 22 Telex: 60760 bas dk Telefax: (06) 68 28 22

31.12.85 DKr'OOO

1,508,776 148,222 77,823 26,400

165,000 617,975

Board of Directors: B R0ge Nielsen, P Bertelsen, Jens S0ndergard, Knud Pedersen, Palle Skouby

PRINCIPAL ACTIVITIES: Beef, veal and pork products including sausages, ham, salami, fresh and frozen meat; cold storage warehouses


Sales turnover


PEOER P HEOEGARO A/S See HEDEGARD, PEDER P, A/S

DKr'OOO 2,290,000

DENMARK

PHILIPS INDUSTRI OG HANDELS A/S Prags Boulevard 80, DK-23oo K0benhavn S Tel: (01) 57 22 22 Cable: Radiophil Telex: 31201

Supervisory Board: S A Windelin (Chairman), Dr phil. Thor A Bak, H Bertelsen, Hiltjo W 0 Bos, W C J van't Hoff, Haldor Tops0e, Steen Enggaard Andersen, Smed John Jensen, Birger Vessel

Management: Hiltjo Bos, H Bertelsen

PRINCIPAL ACTIVITIES: Manufacture, import and distribution of electronic equipment

Trade Names: PHILIPS Parent Company: N V Philips Gloeilampenfabrieken Subsidiary/Associated Companies: Nordisk GI0deiampe Industri

A/S; A.P. Radiotelefon A/S (Norway); A.P. Radiotelefon AB (Sweden); A.P. Radlotelefon A/S; Dux Radio og TV A/S; Philips A/S; Philips Elapparat A/S; Philips Elektronik Industri A/S; Philips Lampe A/S; Philips Radio A/S; Philips Service A/S; Mlniwatt Aktieselskab for Elektronische Komponenter


Sales turnover Profit before tax Profit after tax Share capital

31.12.84 DKr'ooO

2,093,000 40,000 23,000

100,000

Principal Shareholders: NV Philips Gloeilampenfabrieken, Netherlands


PHOENIX CONTRACTORS (A/S) Postboks 55, DK-6600 Vejen Tel: +4553611 11 Cable: Ph0nix Telex: 50536 phonix dk

Board of Directors: Niels Thorsen (Chairman), Axel Schur, Tage Seest, P Rahbek Hansen, N S0by, I H Hermansen

Management Board: K Koch Jensen (Managing Director), P Steen Pedersen

PRINCIPAL ACTIVITIES: Manufacture, import and export of roofing felts; roofing contractors; roof constructions; materials for road surfacing; asphalting and road repairs; roofing elements of insulation materials with roofing felt; industrial plant for production of roofing elements; road investigation. Manufacture and export of universal screed for asphalt; deflectometers, drill trailers, motorsprayers, road marking equipment; coating materials for pipeline protection

Trade Names: Phoenix, Partner Technic, Hotaco Subsidiary Companies: Hans J0rgensen & S0n; Entreprenoerer

A/S; Fyns Vejmaterialefabrik A/S; Phoenix Bau GmbH; Chr. Hjelm Bang A/S; A/S Hotaco Norge; Hotaco Svenska AB

Principal Bankers: Handelsbanken; Copenhagen Handelsbank; Den Danske Bank




31.12.84 31.12.85

DKr'OOO DKr'OOO

1,289,745 1,387,773

73,804 69,800 51,996 45,657

43,360 35,014

8,636 10,643

14% 14%

84% 60%

61,682 76,019 302,298 335,538

36

PLM HAUSTRUP, GROUP A/S PLM Haustrup Holding Naesbyvej 20, 50000dense Tel: (09) 13 31 11 Cable: Activ Telex: 59862 activ dk

Te/efax: 459-113111-659

Board of Directors: Ulf Laurin (Chairman), S Langebaek, E Simonsen, Jarl BAtving, Steen Hermansen, Hans Jensen, Erling Rasmussen

Management: Erik H Thoke (General Manager)

Senior Executives: Leif Nielsen

PRINCIPAL ACTIVITIES: Manufacture of metal packagings; plastic packagings, tool design and production; machine and laboratory services

Trade Names: PLM Haustrup Parent Company: PLM AB, Sweden Subsidiary Companies: A/S Haustrups Fabriker; A/S Haustrup

Plastic; AMI Emballage A/S; HOttel Emballage Brdr. HOttel AS; Nyk0bing F Blikemballage AfS




Profit after tax Share capital


31.12.84

DKr'OOO

1,300,902 79,253

50,462

80,000

31.12.85

DKr'OOO

1,295,405 41,594 19,203

80,000

POLITIKEN, DAGBLADET, AKTIESELSKABET

Politiken Newspapers Ltd Raadhuspladsen 37,1585 Copenhagen V Tel: (01) 118511

Cable: Politi ken

Telex: 22341

Board of Directors: Ernst Hvlid Klalbel (Chairman), Dagmar Andreasen, Poul Andreassen, Hilmar Baunsgaard, Erling Bjoel, Kristof Glamann, Erik Johnsen, Leonhard Schroeder, Bjoern Moeller Jacobsen, Herdis Storck, Werner Houe, Henning Olsson

Management Board: Erik Bonnerup Nielsen, Niels Meyer, Jens Carsten Nielsen, John E Rasmussen

PRINCIPAL ACTIVITIES: Newspaper publishing and information services, printing and binding

Trade Names: Politiken, Ekstra Bladet, Politikens Lokalaviser, Boghallen, Politlkens Informationsvirksomhed

Subsidiary Companies: Forlaget Folia ApS; Politikens Ejendomsselskab A/S; Politikens Forlag A/S; Roskilde Tidende A/S; Sankt J0rgen Tryk A/S; EJ Grafik A/S; Danish Tax-Free Shopping A/S; Dantourist A/S; K0ge Egnen ApS; Stenl0se 01stykke Nyt ApS



Group turnover

Profit before tax

Profit after tax Retained profit

Dividends Share capital Shareholders funds

1984

DKr'OOO

963,404

51,532

19,961 18,308

1,653 6,120

200,009

1985

DKr'OOO

940,976

21,867

16,254 14,601

1,653 6,120

209,997

Principal Shareholders: Politi ken Fonden; Ellen Hoerups Fond


POST-OG TELEGRAFVJESENET, GENERALDIREKTORATET FOR, Tietgensgade 37, 1530 K0benhavn V Tel. (01) 156610 Cable: gentel Telex: 22323 Telefax: gdptt dk

PRINCIPAL ACTIVITIES: National post and telecommunications services




PRIVATBANKEN A/S

1984 DKr'OOO

8,830,100 48,000

Torvegade 2, PO Box 1000, DK-2400 Copenhagen NV Tel: 45 1 11 11 11 Cable: Privatbank Telex: 27196 privco dk

Board of Directors: Ole Damgaard-Nielsen (Chairman), Allan Philip (Deputy Chairman), Poul Andreassen, Morten Balling, S0ren Dalmark, Mogens Kierulff, Knud Over0, Thorkild Sejer Rasmussen, Stig Rohde, Hugo Schr0der

Management Board: Steen Rasborg (Chairman), Lars Johansen, Erwin Lunderskov, Bent Pedersen

Senior Executives: Rene Andersen (Deputy Managing Director, Administration Department), E Gorm J0rgensen (Deputy Managing Director Credit Department), Ejgil J0rgensen (Deputy Managing Director Domestic Department), Aage Martensson (Deputy Managing Director, Legal Department), Peter Schutze (Deputy Managing Director, International Department)

PRINCIPAL ACTIVITIES: All banking activities Subsidiary Banks: Privatbanken International (Denmark) SA,

Luxembourg; Privatbanken Ltd, UK; Associated Banks: Banque Transatlantique SA; Kredietbank SA, Luxembourgeoise; Kredietbank (Suisse) SA. Privatbanken is a member of the Scandinavian Banking Partners and InterAlpha Group of Banks


Profit before tax 121,000 Profit after tax 85,000 Retained profit (loss) (42,000) Dividends 127,000 Dividends per share 15% Earnings per share 9.5% Share capital 903,000 Shareholders funds 3,694,000 Deposits 54,083,000 Total assets 66,903,000

Principal Shareholders: 60,000 private shareholders No of Employees: 4,355

PROVINSBANKEN

Den Danske Provinsbank A/S Kannikegade 4-6, DK-8100 Aarhus C Tel: (06) 122522 Cable: Provinsbank Telex: 64403 prova dk

31.12.85 DKr'OOO

1,346,000 510,000 363,000 147,000

15% 48.4%

1,053,000 4,413,000

65,582,000 84,939,000

Board of Directors: S Chr Mellerup (Chairman), A Bj0rn Ruhne (Deputy Chairman), K Karmark Hansen, Torben Knudsen (Employee Representative), Kaj Madsen, Peter Michaelsen (Employee Representative), Frits Niegel, Edith Nielsen (Employee Representative), Tove Nielsen (Ministry of Industry Representative)

37

DENMARK Managing Directors: Bjarne Dalsgaard, Hans-Verner Larsen, J

o Veile, Mogens Gantriis

PRINCIPAL ACTIVITIES: All banking activities Subsidiary Companies: Provinsbanken International

(Luxembourg) S.A. (99.9%); Det Private Investment Compagni A/S; A/S ADIF; Byggeanpartselskabet 'Ringen' (83.7%); Aktieselskabet 23. august 1934; DDP-Leasing A/S


Profit before tax Profit after tax Retained profit Dividends Dividends per share Earnings per share Share capital Shareholders funds Deposits Total assets


RASMUSSEN & SCHI0TZ A/S Datavej 26, 3460 Birker0d Tel: 452 81 66 00 Cable: Resphalt Telex: 37466 rasch dk

31.12.84 DKr'OOO 111,000 742,000

12,000 61,500

0.15DKr 1.18DKr 410,000

1,576,000 24,688,000 30,096,000

Board of Directors: J0rgen Gorrissen (Chairman), Willy Eis, Chr Hviid, Hans Erik Lund, Jacob N0rager-Nielsen, Holger Brogaard Pedersen, Niels Robbert-Rasmussen, Cato Sverdrup, Asger Aamund

General Management: P E Muller, H Worm Petersen Senior Executives: Mogens B H0St (Financial Manager), S0ren

Blaabjerg (Deputy Manager), B J Jacobsen (Deputy Manager), Kaj Kristensen (Deputy General Manager), K P Lyngesen (Deputy Manager), Orla Nielsen (Deputy Manager), S0ren Lundby (Deputy Manager), H R Jensen (Deputy Manager), E P Hansen (Executive Manager)

PRINCIPAL ACTIVITIES: Civil engineering and building contractors

Allied Companies: (100% owned unless stated): Centervirke A/S; A/S Dansk Asfaltfabrik (50%); Ecoterm A/S; Ejendomsvirke A/S; Entrepren0rbilerne A/S; Entrepren0rservice Greve A/S; R K Betonelementer A/S; R & S Baugesellschaft MbH (Germany); R & S Beleegningstecknik A/S; A/S R0rbyg K0benhavn (93%). Affiliated Companies: Arco Asfalt I/S (50%); Bahrein Precast Concrete Co WLL (49%) (Bahrain); Person Kleins Eftf A/S (25%)

Principal Bankers: A/S Kj0benhavns Handelsbank Financial Information:

Sales turnover Profit before tax Profit after tax Retained profit (loss) Dividends Dividends per share Earnings per share Share capital Shareholders funds


31.12.84 DKr'OOO

1,517,197 21,346 17,565 13,912 3,653 13% 63%

28,099 153,892

ROCKWOOL INTERNATIONAL A/S Hovedgaden 501, 2640 Hedehusene Tel: (02) 160300 Telex: 43155 (Adm); 43100 (R&D) rockwl dk

Board of Directors: Claus Kahler (Chairman)

31.12.85 DKr'OOO

1,992,970 13,454 3,366

(287) 3,653 13% 12%

28,099 166,280

Senior Executives: Claus Kahler, Tom Kahler, Ole Dalby, Jens N0rgaard

DENMARK PRINCIPAL ACTIVITIES: Production and sale of mineral wool Trade Names: ROCKWOOL, ROCKFON, ROCKFORM,

ROCKMENT, ROCK LIT, GRODAN, ROCKWOOL TNF Element, SPINROCK, CON LIT

Subsidiary Companies: ROCKWOOL A/S; ROCKMENT A/S; ROCKFON A/S; GRODANIA A/S; A/S N.P. UTZON; CONROCK A/S, Denmark; Elkem-Rockwool (50%), Norway; ROCKWOOL LAPINUS BV, Netherlands; Deutsche Rockwool GmbH (99%), West Germany; ROCKWOOL Ltd, UK; ROCKWOOL-ISOLATION SA, France; Flumroc AG (25%), Switzerland

Principal Bankers: Den Danske Bank; Privatbanken Financial Information:



1984 DKr'OOO

2,564,900 43,100 33,100

204,470 718,988

ROYAL COPENHAGEN A/S 45 Smallegade, 2000 Copenhagen F Tel: (01) 864848 Cable: Manfroyal Telex: 16248 ROYAL OK

Board of Directors: Jorn V Hall (Chairman)

1985 DKr'ooO

3,086,900 188,400 153,300 204,470 889,217

Management: J Fog-Petersen (Managing Director), Torben Linde (Director Engineeririg), Leif Lautrup-Larsen (Vice Managing Director), Reinhard Pfundheller (Director Economy), Carl Johan Olsen (Sales Manager), Torben Svanberg (Director Sales), Sten Norgaard (Personnel Manager), Ernst Winther (Buying Manager), Peder Sorensen (Confidential Clerk)

PRINCIPAL ACTIVITIES: Production and sale of ceramic products

Trade Names: Royal Copenhagen Porcelain Subsidiary Companies: in Australia, USA, Great Britain, Italy,

Sweden and Canada Principal Bankers: Den Danske Bank af 1871 A/S


S C S0RENSEN A/S See S0RENSEN, S C, A/S

S DYRUP & CO A/S See DYRUP, S, & CO A/S

SABROE, THOMAS THS, & CO (A/S) PO Box 1810, DK-8270 Hoejbjerg Tel: (456) 271266 Cable: Sabroe Aarhus Telex: 68740 SABRO OK

Board of Directors: A Drejet (Chairman), Sven Dyrlev Madsen, Carl-Eric Jeding, H Oehlers, L Printz, N Skibsted Hansen

Management: Ole Broekner (PreSident and Chief Executive Officer); Vice Presidents: Joachim Paul, Jan Y S08derman, Ingvard Rasmussen, Lars Busk

PRINCIPAL ACTIVITIES: Specialists in design and manufacture of reciprocating and screw compressors and components for industrial and marine refrigeration; supply of complete refrigerating plants for food, processing, and chemical industries; marine refrigerating plants for fish freezing, cargo holds, containers, liquified gas transport, etc; supply of turnkey cold stores. Production of cast iron in all standard qualities including ductile iron

Trade Names: Sabroe, Danvalve Parent Company: Atlas-Danmark A/S Subsidiary Companies: Sabroe Nippon Sabroe Co Ltd (Japan);

Kiltetechnik GmbH (Germany); Sabroe de Epana SA (Spain); AB Sabroe Kylindustri (Sweden), Sabroe (UK) Ltd (UK);

38

Sabroe SARL (France); Sabroe Atlas do Brasil Ltda (Brazil); Sabroe de Argentina SA (Argentina); Sabroe US (USA); Sabroe Ind. Refr. (Canada); Sabroe Norge A.S (Norway)

Principal Bankers: Handelsbanken; Provinsbanken: Den Danske Bank




31.12.84 DKr'OOO 975,900

55,100 34,500 29,000

20% 24,000

163,700

SADOLIN & HOLMBLAD LTD 4 Industrigrenen, OK 2635 Ishej Tel: 45 2 73 60 90 Cable: sadogroup Telex: 33146 sadogr dk

31.12.85 DKr'ooO

1,013,100 7,500 4,100 5,100

50,000 172,600

Chairman: Nils Foss; Deputy Chairman: Kenneth Petersen Directors: Jergen Trygved, Henry Bengtsson, Peter Norgaard

Kristensen, Henrick Stenbjerre, Kirsten 0rbekker, Peter Hofman Laursen, Thomas Fr Duer

Senior Executives: Jergen Melvang (PreSident), C Pieters (VicePresident, Paint, Denmark), Mark Houshmarid (Vice-President, Paints Outside Denmark), F B Ronning (Vice-President, Printing Inks and Adhesives), Bent Lilholt (Vice-President, Accounts), Mogens Hugo Jergensen (Finance)

PRINCIPAL ACTIVITIES: Worldwide production, marketing and know-how sales of industrial and non-industrial paints, wood preservatives, printing inks, adhesives and sealants, pigments, and agro-chemicals

Trade Names: Sadolin, Sadofoss, KVK Subsidiary Companies: Kemisk Voerk Kege; Farve Og

Lakfabriken Svend Overgaard Aalborg A/S, Denmark; Sadolin (UK) Ltd, UK; Oy Sadolin Ab; Sadolinln Painovarit Oy, Finland; Division Technique Du BAtlment (Sadolin) Sari, France; Arrigoni-Sadolin SpA, Italy; Sadofoss A/S; Sadolins Trykkfargefabrikk (Norge) A/S, Norway; Sadofoss AB; Sadolin Lack Ab, Sweden; Sadolin GmbH, West Germany; Sadolin of America, USA; and others in Cyprus, Indonesia, Ivory Coast, Kenya, Turkey and Canada

Principal Bankers: Kjobenhavns Handelsbank Financial Information: Group:



31.12.84 DKr'OOO

2,025,400 99,100 71,600 40,700 15,200

10% 151,700 551,800

SCHUR, BRDR, INTERNATIONAL A/S J W Schursvej, Postboks 519, 8700 Horsens Tel: (05) 62 46 66 Cable: Schurbros Telex: 61621 schurh dk

Chairman: A Schur Directors: Hans Schur, E Christensen

31.12.85 DKr'OOO

2,124,000 75,900 43,200 20,100 15,200

10% 152,300 552,500

PRINCIPAL ACTIVITIES: Manufacture of a wide range of packaging including foil, cartons, plastiC and combination packaging; packaging systems

Subsidiary Companies: Brdr Schur Horsens A/S; Schur Engineering A/S; Schublich A/S; Schur Plastic A/S; A/S

Novoplastics Emballage; Schur Consumer Products A/S; IPS Packaging A/S; Thorsted Maskiner A/S; Wiggo Kongstad A/S; Grafi-Pack Reklame ApS, Denmark; Schur Pack AG, Switzerland; Schur Verpakkingen BV, Netherlands; Schur Pak International GmbH; Schurpack GmbH; Schurpack Multiflex GmbH; Damaschke & Co, Germany; Schur Pack Inc, USA; Schur Plastic Ltd; Schur Plastic Ltd, UK


1984 1985

DKr'OOO DKr'OOO

Sales turnover 961,800 1,067,433

Profit before tax 54,499 70,064

Profit after tax 31,466 43,537

Dividends 1,775 1,775

Dividends per share 5.07% 507%

Earnings per share 89.9% 124.4%

Share capital 35,000 35,000

Principal Shareholders: Axel Schur; Hans Schur; Konsul Axel Schur og Hustrus Fond


SCS HOLDING A/S S0ndergade 3, DK-8900 Randers

Tel: (6) 41 95 11

Telex: 93641 51 scs holdn

Telefax: (6) 40 23 22

Supervisory Board: Erhardt Gram (Chairman), Oluf von Lowzow, Anders Hallen Pedersen, Niels Brockenhuus-Schack, Claus Neergaard, Torben Laursen, Elin Lermark, J0rgen Enevoldsen

Management: Anders Hallen Pedersen

Senior Executives: Jens Vestergaard

PRINCIPAL ACTIVITIES: Holding company for subsidiaries engaged in wholesale and distribution of building materials, steel and machine tools, fire extinguishing equipment, plastic tubes and accessories, export trading

Subsidiary Companies: S.C. S0rensen A/S; Ginge Brand & Elektronik A/S; SCS Hydraulik, A/S; Dukadan A/S; Dukanor A/S; S.C. S0rensen International A/S; ABC Hansen Comp A/S; S C S0rensen Offshore & Industrial Equipment A/S; S.C. S0rensen Godthab ApS; Wistisen & Partners Ltd ApS (dormant); Finarca AIS (dormant); John Kerr & Co Ltd (UK); John Kerr Systems Ltd (UK); Ginge-Kerr AIS (Norway)

Principal Bankers: AIS Kj0benhavns Handelsbank;Privatbanken AjS


31.3.85 31.3.86

DKr'OOO DKr'OOO

Sales turnover 1,702,403 2,109,098 Profit (loss) before tax

Profit (loss) after tax

Share capital

Shareholders funds


SEAS A/S Tingvej 7, 4690 Haslev

Tel: (03) 69 27 00

Telex: 40234 seas dk

(12,895) 42,684

(5,144) 23,280

115,306 162,367

233,611 298,257

Board of Directors: S 0sterholm Hansen (Chairman), Ove W Dietrich


39




SIEMENS A/S Borupvang 3, DK-2750 Ballerup Tel: (02) 65 65 65 Cable: Siemens Telex: 35313

Chairman: T Nielsen

31.12.84 DKr'OOO 911,727 111,099

4,552 3,291 1,261

7.71DKr 27.85DKr

16,347 346,660

Directors: J Huper, H Lengler, K Berner-Jensen

31.12.85 DKr'OOO 972,019

69,429 4,888 3,627 1,261

7.71DKr 29.90DKr

16,347 413,420

PRINCIPAL ACTIVITIES: Data processing equipment; computer software and services; domestic electrical appliances; electrical and electronic equipment; electrical machinery and components; power equipment; telecommunications; electricity supply; industrial equipment; generators; lifts and conveyors; pollution control equipment; process engineering; medical instruments; cables and wires; office equipment; medical and surgical equipment; security equipment; railway vehicles and equipment



Principal Shareholders: Siemens AG No of Employees: 923

30.9.84 DKr'OOO 923,000

49,000 29,000 29,000 3,800

29,000 103,000

SKANDINAVISK HOLDING A/S Tobaksvejen 4, DK-2860 S0borg Tel: (01)69651 22 Telex: 16 366 SCANTO OK Telefax: (01) 69 47 48

30.9.85 DKr'OOO

1,068,852 65,077 36,531 10,871 44,405 79,000

120,371

Supervisory Board: E J B Christensen (Chairman), Peter Augustinus, J0rgen Frerch, Stener Frerch, Maja Hansen, Povl Heegaard, David G Heywood, Frederik Chr Obel, Tage Olsen, Henning S0rensen, J0rgen Thomsen, C Tvede-M0l1er

Board of Management: Hugo Schf0der (Managing Director), Holger S0ndergaard

Senior Executives: K E Henriksen

PRINCIPAL ACTIVITIES: Holding company with interests in manufacture of cigarettes and other tobacco products, office equipment; grocery wholesale; agricultural machinery

Parent Company: Chr. Augustinus Fabrikker AIS (31.66%), BAT. Industries Ltd (33.33%), Aktieselskabet R Frerchs Fabrikker (10%), C W Obel AIS (25%)

Subsidiary Companies: SH-Data A/S; Skandinavik Tobakskompagni AIS (98%); Nordisk Tobaks Kompagni A/S; Dagrofa AjS (55%); Kores Nordisk Holding AjS (75%); Labota AjS; Fritz Hansens Eft. A/S; Vario BOroeinrichtungen GmbH (Germany); Kongskilde Koncernselskab AIS (75%)

Principal Bankers: Privatbanken AjS; Den Danske Bank af 1871 AjS


30.6.84 30.6.85 DKr'OOO DKr'OOO

Sales turnover 5,655,500 6,153,000 Profit before tax 420,300 514,600 Profit after tax 244,300 290,600 Retained profit 147,300 159,200 Dividends 97,000 104,500 Share capital 303,000 454,500 Shareholders funds 1,013,500 1,363,800


SKANDINAVISK MOTOR COMPAGNI A/S Park Aile 355, 2605 Broendby Tel: 02-631122 Cable: Semjac Ok Telex: 33651 Semjac dk

Board of Directors: Chr. Mourier (Chairman), 0 Poulsen (Vice Chairman), J Berntsen, J Christiansen, P Christiansen, R Mourier, J E Nielsen, K Jensen, 0 Willerup

General Management: J Christiansen, E Nissen

PRINCIPAL ACTIVITIES: Import and distribution of Volkswagen, Audi and Porsche motor vehicles

Parent Company: Skandinavisk Motor Co Holding A/S Subsidiary Companies: Skandinavisk Motor Compagni, Aarhus

A/S; SMC Invest A/S; A/S af 14.9.1980; A/S af 14.3.1983; A/S af 14.4.1980

Financial Information: 1984 1985

DKr'Ooo DKr'ooO

Sales turnover 822,459 1,036,891

Profit before tax 30,652 52,793 Profit after tax 23,948 22,070

Retained profit (loss) 15,948 (7,930)

Dividends 8,000 30,000 Share capital 65,000 65,000

Principal Shareholders: Skandinavisk Motor Co Holding A/S No of Employees: 251

SKANDINAVISK TOBAKSKOMPAGNI A/S Scandinavian Tobacco Co Ltd Tobaksvejen 4, 2860 Seborg Tel: (01) 69 66 11 Cable: Scantoco Telex: 16366 Scanto dk Te/efax: 01 69 66 45

Board of Directors: H Schreder, K J Levinsen, J Tandrup

PRINCIPAL ACTIVITIES: Manufacture of cigars, Cigarettes, tobacco and snuff



1986 DKr'OOO

1,916,200 410,500

Principal Shareholders: Skandinavlsk Holding A/S No of Employees: 1 ,600

SLAGTERIREGION NORDVEST AMBA Postboks 39, 4300 Holllblek Tel: (03) 44 10 00 Cable: Nordvesthlb Telex: 44135

Chairman: E Skovgaard Kristensen Directors: K Schening, S A P'oulsen, P Kjeldsen, 0 Thejls

PRINCIPAL ACTIVITIES: Manufacture of meat products

40


Sales Profit before tax


1985 DKr'OOO

1,731,359 35,900

1986 DKr'OOO

1,737,242 59,588

SLAGTERISELSKABET SUNDBY-WENBO AMBA See SUNDBY-WENBO, SLAGTERISELSKABET, AMBA

SMIDTH, F L, & CO A/S 77 Vigerslev Aile, DK-2500 Valby, Copenhagen Tel: (01) 301166 Cable: Folasmidth Telex: 27040 flsco dk

Board of Directors: Erik Mollerup (Chairman), Christian Kjler (Deputy Chairman), Christian Arnstedt, S H Jonsson, Merete Jergensen, "Grethe Machholm, Erik MOnter, Jens MOnter, "Karl Nielsen, "Ib VernerTrelby, "AppOinted by the employees

Board of Management: Erik B Rasmussen (President and Chief Executive Officer), Benned Hansen (Senior Vice President and Executive Officer), Ib Jacobsen (Senior Vice President and Executive Officer), Birger Riissger (Senior Vice President and Executive Officer), Bent Vabe (Senior Vice President and Executive Officer), Ib Worning (Senior Vice President and Executive Officer)

PRINCIPAL ACTIVITIES: Design, manufacture and sale of machinery to the cement and allied industries

Major Subsidiary Companies: FLS Overseas; FLS Engineering and Manufacturing; Aalborg Portland; De Danske Betonfabrikker; Dansk Eternit-Fabrik; Dampa; Danalith; Faxe Kalkbrud; Bates Ventil Saekke Co; Industrihaerderiet; Jernkontoret; Pedershaab Maskinfabrik; Nea-Lindberg; DanTransport; Danogips; Forenede Assurandoerer: Cement Investments; Nordania Leasing; F L S Holdings Ltd; Benchmark Group PLC; Anglo Nordic Holdings PLC


Sales turnover Profit before tax Profit after tax Net result Dividends Dividends per share Share capital Shareholders equity

31.12.84 DKr'OOO

7,245,169 92,774 32,442 24,590

664,408 1,783,547

Principal Shareholders: Potagua, Denmark No of Employees: 7,773 Group

SOPHUS BERENDSEN A/S See BERENDS EN, SOPHUS, A/S

S0RENSEN, S C, A/S DK-89oo Randers Tel: +45 642 11 11 Cable: JERNLAGERET Telex: 65.118

31.12.85 DKr'OOO

5,760,471 188,088 129,116 130,735 39,864

6% 664,408

1,755,079

Supervisory Board: Anders Hallen Pedersen (Chairman), Erhardt Gram, Ole Ohlsen, Niels Greve Brockenhuus-Schack, Astor Bjern ROhne, Peer Kam, (Employee Representative), Torben Laursen (Employee Representative), Jergen Enevoldsen (Employee Representative)

Management Board: Carlo Petersen (Managing Director), Henning 0 Jensen (Financial Director), Palle Juul (Sectoral Director, Steel)

PRINCIPAL ACTIVITIES: Trading company; wholesale merchant with a number of independent specialist organisations; trade

in building materials including plumbing, heating and ventilation products

Parent Company: SCS Holding A/S, Randers, Denmark Subsidiary Companies: S C S0rensen Offshore & Industrial

Equipment A/S (OSIE); S C S0rensen International A/S (50%); S C S0rensen Godthab ApS

Principal Bankers: Handelsbanken A/S; Privatbanken A/S Financial Information:

Group turnover net Profit before tax Profit after tax Retained profit Share capital Shareholders funds


SPAREKASSEN SDS

31.3.85 DKr'ooO

1,470,814 10,070 3,085 3,085

100,000 108,108

8 Kongens Nytorv, DK-l050 Copenhagen K Tel: +45 (1) 13 1339 Cable: SDSSAVING Telex: 15745 SDSFD DK Fax: +45(1) 11 63 72; Swift: SDSF DK KK

31.3.86 DKr'ooO

1,652,561 47,505 25,914 25,914

100,000 135,122

Board of Directors: Jens Chr Kirketerp Jensen (Chairman) Board of Management: L Ringgard (Chairman), Lars Eskesen, A

Hagedorn, Erik Mortensen, H Kruse Petersen General Managers: Niels-Aage Nielsen, Peter Plejl, Preben

Kendal. Deputy General Managers: Birger Grubbe (International Division)

PRINCIPAL ACTIVITIES: Savings bank operating as a commercial bank

Trade Names: SDS Subsidiary Companies: London Interstate Bank Ltd, London, UK Financial Information:

Turnover Profit before tax Profit after tax Deposits Total assets


31.12.84 DKr'OOO

2,154,931 132,511 99,012

38,168,057 50,519,810

SPIES KONCERNEN Nyropsgade 41-43, 1602 K0benhavn V Tel: (01) 11 4200 Cable: Spiestravels Telex: 15818

Board of Directors: Simon Spies

PRINCIPAL ACTIVITIES: Travel agencies Principal Bankers: Handelsbanken Financial Information:



STANDARD ELECTRIC KIRK A/S Ane Stauningsvej 21, DK-8700 Horsens Tel: (05) 62 33 11 Cable: Kirkshs Telex: 61640 itsek dk

31.12.85 DKr'OOO

2,426,655 2,024,143 1,035,043

43,391,112 59,491,627

1984 DKr'OOO

1,688,010 184,515

Board of Directors: Ole Noerregaard (Chairman), N P Ditlefsen (Managing Director), P Friis (Lawyer), P Dupont (Employees' Representative), J Hedegaard (Employees' Representative)

Management: N P Ditlefsen (Managing Director) Senior Executives: P M Borggaard (Technical Director), F B

Laursen (Comptroller)

41

DENMARK PRINCIPAL ACTIVITIES: Manufacture and sale of

telecommunication equipment Parent Company: International Standard Electric Corporation

(ITT), New York Associated Companies: ITT Komponent A/S; Multikomponent

AfS; ITT Instruments A/S; ITT Unicomp A/S Principal Bankers: Privatbanken; Handelsbanken Financial Information:

Sales turnover Profit before tax Profit (loss) after tax Retained profit (loss) Dividends Share capital Shareholders funds 'after deduction of loss of

DKr 56.024 from the company's investment in Chr. Rovsing A/S of 1984

Principal Shareholders: ISEC (ITT) No of Employees: 1,379

1984 DKr'OOO 679,291 27,255 20,239 9,889

10,350 95,000

192,215

1985 DKr'OOO 806,915

135 (26,674)* (26,674)

95,000 165,541

STATSANSTALTAN FOR LIVSFORSIKRING Kampmannsgade 4, DK-1645 K0benhavn V Tel: (01) 15 15 15 Telex: 15283 danlivdk Te/efax: +45 1 32 37 32

Board of Directors: Aage Hastrup (Chairman), E Bonnerup Nielsen, Karsten Olsen, Knud Bj0rn, Keld RahblBk M011er, Frede Ahlgreen Eriksen, Carsten B Andersen, Gilte Jensen, Lars Raakjar

Management: S0ren Rasmussen (Managing Director), Troels Bjerre (Director), Kaj G Schou (Director)

Senior Executives: Business Sectors: Ulla Plesner (Large Customer Sector, Executive Manager, Actuary), Heinz Andersen (Private/Business Sector-Greater Copenhagen Area, Customer Area Manager), Jes Lillelund (Private/Business Sector-The Islands, Customer Area Manager, Executive Manager), Gunnar Nielsen (Private/Business Sector-Jutland, Customer Area Manager, Executive Manager). Service Sectors: Troels Gunnergaard (Investments and Capital Management, Executive Manager), Benny Nielsen (Personnel, Executive Manager), Bo BruusJensen (Data Service, Executive Manager), Christian RichterFriis (Actuary Office, Executive Manager), Arne Finsen Munck (Budget and Accounts, Executive Manager, Accounting), John Son berg (Sector Service, Sector Manager), Steen Rasmussen (Management Secretariat, Executive Manager)

PRINCIPAL ACTIVITIES: Ufe, penSions, annuities Subsidiary Companies: Dan-Uv AfS; Statsanstaltens

Ejendomsinvest A/S Principal Bankers: All principal banks Financial Information:

Premium income Investment income Profit before tax Profit after tax Retained profit Equity capital


STERLING AIRWAYS A/S

31.12.84 DKr'OOO

1,810,327 4,252,115

6,315

1,936,000

Copenhagen Airport, DK-2791 Dragoer Tel: (01) 53 53 53 Cable: Sterlingair

31.12.85 DKr'Ooo

3,354,780 4,682,451

23,148 15,639 15,639

2,278,000

Telex: Head office & Tech. Dept. 31231; Operations Dept. 32331; Sales Dept. 31310; Passenger Dept. 31223

Telefax: (01) 531891

DENMARK President: Ejnar Lundt Senior Executives: Joergen Dahl (Director of Economics), Aage

Pedersen (Operations Manager), J Skytte S0rensen (Technical Manager)

PRINCIPAL ACTIVITIES: Worldwide charterflights Trade Names: Sterling Owner: The Tjaereborg Foundation Subsidary Companies: Sterling Airways AIS, Norway; Sterling

Airways AB, Sweden; Sterling Spedition AjS; Flight Training Center A/S; Aero-Chef AIS (catering), Denmark; Aero-Chef AB (catering), Sweden; Amfocas AIS (fuel handling), Denmark

Principal Bankers: Amagerbanken; Varde Bank Financial Information:



STORNO A/S

31.12.85 (15 mths) DKr'OOO

2,000,348 186,286

Artillerivej 126, DK-2300 Copenhagen S Tel: (01) 57 68 00 Cable: Stornoradio Telex: 31161 stas dk

31.12.86 (12 mths) DKr'OOO

1,646,730 65,987

Board of Directors: Erik B Rasmussen (Chairman), R S Farmer (Deputy Chairman), D Bartram, R Tang Jespersen, F Meno, P Nygaard

Management: Antony Edwards (General Manager), Peter Jorgensen (Manager Finance), J Palle (Manager Marketing), K A Winther (Manager Employee Relations), Keld Johanson (Manager Engineering), 0 Petersen (Manager Manufacturing of Communication Systems)

PRINCIPAL ACTIVITIES: Manufacture and distribution of radio telephones, transmitters and receivers, fixed, mobile and portable VHF and UHF including land mobile radio communication systems

Trade Names: Storno, Stornophone, Stornomatic Parent Company: Motorola Inc, USA Subsidiary Companies: Storno Ltd, UK; Storno SA, France;

Storno Electronic GmbH, Germany Principal Bankers: Privatbanken Financial Information:

Sales turnover Profit (loss) before tax Profit (loss) after tax Share capital


1984 DKr'OOO 934,000 47,251 36,759

100,000

1985 DKr'OOO 833,581 (74,519) (65,319) 100,000

SUKKERFABRIKEN NYK0BING LlMITERET 0sterbrogade 2, DK-4800 Nyk0bing F Tel: (03) 85 32 11 Cable: Sukkerfabriken Telex: 47323 NYSUK DK Telefax: (03) 86 10 04

Directors: K Rasmussen (Managing Director), A D Helme, P A S0ndergaard

Managers: Jens H Bonde (Export Sales), Jan S0rensen (Purchasing)

PRINCIPAL ACTIVITIES: Sugar; feeding stuffs, beet pulppellets, dehydrated green crops field seed; canned vegetables, jam, jelly, marmalade; equipment for beet handling in sugar factories, frozen peas

Subsidiary Companies: Samodan A/S; SN-Engineering A/S; SNFr0 AS; SN-Invest A/S; Falster Frost AIS

Principal Bankers: Den Danske Bank af 1871 Aktieselskab

42


Sales turnover


30.4.84 DKr'OOO 436,508

30.4.85 DKr'OOO 496,834

SUNDBY-WENBO, SLAGTERISELSKABET, AMBA Kornumgaardsvej 20, 9700 Broenderslev Tel: (08) 82 00 77 Cable: Siagteriet Telex: 69704/67807 sundby dk/wenbo dk

Chairman: Bent H Knudsen Directors: Pre ben Albertsen (Managing Director), Svend

Pedersen (Director, Sales), Joergen V Petersen (Director, Production), Frank Pedersen (Technical Director), Egil Christensen (Financial Director)

PRINCIPAL ACTIVITIES: Fresh and frozen meat; salted, smoked, cooked and preserved meat, bacon and sausage factories

Trade Names: WENBO FOOD Subsidiary Companies: Meatcut AIS Principal Bankers: Andelsbanken A/S; Sparekassen Nordjylland Financial Information:

Sales turnover Dividends· Shareholders funds ·Bonus to farmers

30.9.85 DKr'OOO

2,273,835 59,743 55,582

Principal Shareholders: Co-operative owned by around 6,600 farmers


SUPERFOS A/S Frydenlundsvej 30, 2950 Vedbaek Tel: (02) 893111 Cable: Superfos Telex: 37107 supfos dk; 37150 supfos dk; 37197 supfos dk;

37158 supeng dk

Board of Directors: Ernst Kimbel (Chairman), Helge Bertelsen, Olav Grue, Povl Heegaard, Poul Andreassen, Tonny Jensen (Employee Representative), Per Uttrup Hansen (Employee Representative), Mogens Nygaard Hansen (Employee Representative)

Board of Management: Aage Hoffmann, (Managing Director), Per F M0l1er, Henning Uth

PRINCIPAL ACTIVITIES: Fertilisers, chemicals, grain and feedstuffs, integrated agricultural projects, road materials, building materials, packaging, data processing

Subsidiary Companies: Superfos America, Inc (USA); Timshel (US) Ltd (USA); Superfos Canada Ltd (Canada); Superfos Deutschland GmbH (Germany); Superfos Sverige AB (Sweden); Superfos Shipping AjS; Superfos Investments Ltd (USA); Royster Company (USA); Burlington Farm Serfices, Inc (USA); Darlington Farm Services, Inc (USA); F S Royster Mercantile, Inc (USA); Frontier Farm Center, Inc (USA); Grifton Fertilizer & Supply Co, Inc (USA); Lee County Farm Services, Inc (USA); Marine Port Terminals, Inc (USA); Royster-New Bern, Inc (USA); Pamlico Chemical Co, Inc (USA); R/K Agri Services, Inc (79%) (USA); RWD Farm Services, Inc (USA); Royster Bio-Chemicals, Inc (USA); Royster of Lynchburg, Inc (USA); S & S Farm Services, Inc (USA); Aerosols International Scandinavia AjS; Superfos Road Construction Inc (USA); Superfos Road Construction Ltd a/s; Danmenta/s; Superfos Bautec GmbH (Germany); Superfos Emballage sa (France); Superfos Emballage NV (Belgium); Superfos Emballage ab (Sweden); Superfos Emballasje als (Norway); Superfos Verpackungen GmbH (Germany); Agro-kemi als (60%); Superfos Data a/s; Superfos Energy a/s; Superfos Reinsurance (Luxembourg) sa (Luxembourg); Aktiebolaget

Malaki (92.6%) (Sweden); Flirg-& Kemikalie AB, Held & Schyberg (Sweden); Handels AB Alfred Benzon & Co (Sweden); CHS Pur-Teknik Akliebolag (Sweden); Malaki Hoganas Tak AB (Sweden); Malaki Sollebrunn Snickerifabrik AB (Sweden); JBW Farg-& Kemikalie AB (Sweden); BITAK Byggisolering och Tak AB (Sweden); BS Butikssaljarna AB (Sweden); Norrlands Takprodukter AB Notab (Sweden); Varnamo Isolerduk AB (Sweden); Mataki Holding GmbH (Germany)

Principal Bankers: Den Danske Bank; Handelsbanken; Privatbanken


Sales turnover 9,112,000 Profit before tax 311,000 Profit after tax 274,000 Retained profit (loss) 223,000 Dividends 51,000 Dividends per share 12% Share capital 412,000 Shareholders equity 947,000

No of Employees: Company 3,700, Group 5,700

TEXACO A/S Borgergade 13, DK-1300 KlIJbenhavn K Tel: +451 1201 11 Cable: Texoilden Telex: 22387 texda dk Telefax: +45 1 13 64 56

Chairman: Frederik Jensen

31.12.85 DKr'ooO

11,278,000 40,000 11,000

(38,000) 49,000

12% 412,000 941,000

Directors: Sven Gullev, Fritz Johnsen, Per Joensson, 0 K Byvnel, Poul B Hicks jr

Senior Executives: Mogens Lohmann, Lelf Nielsen, Bent Buus Kristensen, Sven Gullev, Fritz Johnsen

PRINCIPAL ACTIVITIES: Import and distribution of oil products, solid fuel and related products

Parent Company: Texaco International Trader Inc, New York, USA

Subsidiary Companies: Texaco Oil A/S Principal Bankers: KjllJbenhavns Handelsbank; Den Danske

Bank; Privatbanken Financial Information:

Sales turnover (Loss) before tax (Loss) after tax Retained profit Share capital Shareholders funds "Including Texaco Oil A/S

from 1.4.84 to 31.12.84


31.12.84" DKr'OOO

3,581,700 (224,900) (224,900)

185,700 (900)

31.12.85 DKr'OOO

3,589,165 93,861 93,861 14,790

185,700 284,000

TH WESSEL & VETT A/S MAGASIN DU NORD See WESSEL, TH, & VEn A/S MAGASIN DU NORD

THOMAS THS SABROE & CO (A/S) See SABROE, THOMAS THS, & CO (A/S)

T JJEREBORG GRUPPEN A/S KlBrvej 8, 6731 TjlBreborg Tel: (05) 12 12 00 Telex: 50 580 trtjbg dk

Board of Directors: Ejlif Krogager (Chairman), Peter Ingwersen, Kamma Poulsen, Ole Erik NlIJr Jensen, Anna Marie Foss, Mogens Flagstad

Management: Christer Rosenkrands, Jens Veino, Peter Vange

PRINCIPAL ACTIVITIES: Airline services; hotels; travel agencies

43

DENMARK Trade Names: TjlBreborg, Sterling Parent Company: Tjeereborg Fonden Subsidiary Companies: TjlBreborg Rejser AjS; TjlBreborg Reiser

A/S (Norway); TjlBreborg Resor AB (Sweden); OY Tjrereborg AB (Finland); Tjaereborg Reisen G.m.b.H. (Germany); Tjaereborg Stella Polaris Hotel G.m.b.H. (Austria); La Nordisk Bustrafik, Stella Polaris Espanola SA (Spain); Tjaereborg Espanola SA (Spain); Tjaereborg Limited (UK); TjlBreborg International Trading A/S; Sterling Airways Ltd (UK); Sterling Airways AjS; Flight Training Center A/S; Sterling Airways AB (Sweden); Sterling Airways A/S (Norway); Amfocas A/S; AeroChef AjS; Aero-Chef A/S (Norway); Aero-Chef AB (Sweden); Sterling Spedition A/S; OversllJisk Passagerbureau A/S; Viajes Unitours SA (Spain); La Paz SA (Spain); Manotel SA (Luxembourg); Tjaereborg Travel Services SA (Switzerland); World Unitours S.r.I. (Italy); Nordlander Holding AG (Switzerland) and subsidiaries; Tjaereborg Timesharing A/S (Denmark); Tjaereborg Timesharing SA (Spain); Sifra Investment NV (Netherlands Antilles). Associated company: Frltldsresor AB (Sweden)

Principal Bankers: A/S Varde Bank; Amagerbanken A/S Financial Information:



TOMS FABRIKKER A/S Toms Confectionery Group DK-2750 Ballerup Tel: (02) 972122 Cable: Tomchoco Telex: 35226 toms

31.3.85 (15mths) DKr'OOO

3,716,875 102,825 48,321 20,000 28,306

Board of Directors: JlIJrgen B Strand (Chairman), E FriisMikkelsen, Svend Lykkeberg, Hans Rysgaard

PRINCIPAL ACTIVITIES: Production of chocolate, confectionery and liquorice

Trade Names: Toms, Yankie Bar, Anthon Berg Subsidiary Companies: A/S Anthon Berg; Galle & Jessen A/S Principal Bankers: Handelsbanken A/S Financial Information:

Group sales turnover Profit before tax


TULIP SLAGTERIERNE AMBA PO Box 127, DK-7100 Vejle Tel: (05) 82 40 00 Cable: Tulip Telex: 61147 Tulip OK

Chairman: V Skovsen Directors: E MlIJller

1984 DKr'OOO 519,500

33,360

Senior Executives: P Vammen, P Rasztar, S A Thomsen, P Petersen, L C Nielsen

PRINCIPAL ACTIVITIES: Fresh and frozen beef and pork; bacon, ham, tinned ham, luncheon meat, sausages, tongue and other canned meats, salami

Trade Names: Tulip. Majesty, Midland, Faaborg Middagsretter. Tulip Meat Packers

Subsidiary Companies: Tulip Fleischwaren GmbH. Germany; Tulip France Sari, France; TUlip Italian a SpA, Italy; Majesty Inc, USA; Tulip Meat Co Ltd, UK; Svenska Tulip AB, Sweden

DENMARK Principal Banlcers: Andelsbanken; Sparekassen S 0 S; Den

Danske Bank Financial Information:

Sales turnover Profit before tax Profit after tax Retained profit Dividends

30.9.84 DKr'OOO

3,746,800 107,300 104,900 179,600 82,000

Principal Shareholders: Co-operative Company No of Employees: 4,993

UNITED BREWERIES LTD De Forenede Bryggerier A/S Vesterfaelledvej 100, DK-1799 Copenhagen V Tel: (01) 21 12 21 Cable: Carlsberg Copenhagen Telex: 15434 carls dk

30.9.85 DKr'OOO

5,217,600 93,900 89,100

284,900 71,700

Board of Directors: Prof Dr Kristof Glamann (Chairman), E Mollerup (Deputy Chairman), Prof Dr C J Ballhausen, Prof Dr T Birkelund, Prof Dr Ebba Lund, Prof Dr H Glahn, J W Werner, E B Rasmussen

Management: Poul J Svanholm (PreSident and Group Chief Executive), E Bjerl Nielsen (Executive Vice-President), Leonhard Schr0der (Executive Vice President), John Vitus Nielsen (Executive Vice-President), Michael C Juul (Executive Vice-President)

PRINCIPAL ACTIVITIES: Manufacture of beer and soft drinks, glass and agricultural products

Trade Names: Carlsberg, Tuborg Subsidiary Companies: Carlsberg International A/S; A/S Dansk

Coladrik (62%); Fredericia Bryggeri A/S; Neptun Bryggeriet A/S; Tuborg International A/S; United Breweries International Ltd A/S; Wiibroes Bryggeri A/S; J C Bentzen Industri A/S; Carlsberg Biotechnology Ltd A/S (70%); Danbrew Consult Ltd A/S; A/S De Danske K01ehuse 'Cold Stores'; Investeringsselskabet af 29 oktober 1962 A/S; Lumetech A/S; Glent & Co A/S; A/S Rynkeby Mosteri (75%); United Milling Systems A/S; Royal Copenhagen A/S (72.9%), Denmark; Carlsberg Bier GmbH, West Germany; Carlsberg Brewery Ltd; Tuborg Lager Ltd, UK; Carlsberg France SA, France; Tuborg AB; Carlsberg AB, Sweden; Union Cervecera SA (60%), Spain; Carlsberg Agency Inc, USA; Carlsberg Marketing Pte Ltd (50%), Singapore and others in Malawi, Turkey and Hong Kong

Principal Bankers: Privatbanken; Den Danske Bank; Handelsbanken

Financial Information: Group: 30.9.84

DKr'ooO Sales turnover before tax 11,324,100 Profit before tax 659,800 Profit after tax 321,300 Retained profit 237,600 Dividends 83,700 Dividends per share 15% Earnings per share 57.58DKr Share capital 558,000 Shareholders funds 1,924,200

30.9.85 DKr'ooO

12,011,292 672,948 325,009 221,374 97,635

15% 49.43DKr

650,897 2,377,257

Principal Shareholders: Carlsberg Foundation (over 51%); Danish Labour Market Supplementary Pension Scheme (over 10%)


VELUX INTERNATIONAL AS Skelstedet II, DK-2950 Vedbaek Tel: (02) 89 22 88 Telex: 37288 velux dk

Chairman: L Blaabjerg S0rensen

44

PRINCIPAL ACTIVITIES: Production of building components; windows; window blinds; home hardware


Sales turnover

1984 DKr'Ooo

1,060,000

No of Employees: 60

VEST JYSKE SLAGTERIER AMBA DK-76oo Struer Tel: (07) 85 07 00 Cable: Siagteriet Telex: 66532 a and b str dk

Chairman: E Kristensen; Vice Chairman: K Poulsgaard Directors: S S0nnichsen (Managing Director), H A Carstensen

(Exports), V S0rensen (Finance), N A Sabroe (Technical), B Cimarosti (Vice Director, Sales)

PRINCIPAL ACTIVITIES: Production of fresh and frozen pork, bacon and other pork products; salami, sausages and liver pate, canned meat plus fresh and frozen beef

Trade Names: STR/FOODDANE Subsidiary Companies: Foodane A/S; Struer Shipping Principal Bankers: Den Danske Bank Financial Information:

Sales turnover Profit before tax Retained profit

PrinCipal Shareholders: Co-operative No of Employees: 2,000

30.9.84 DKr'OOO

1,710,300 73,700 49,000

30.9.85 DKr'OOO

1,867,500 89,900 54,400

VILLADSENS, A.S. JENS, FABRIKER (MOTHER COMPANY FOR THE ICOPAL GROUP) 38 Mileparken, DK-2730 Herlev Tel: (45) 2 915522 Cable: Icopaldan Telex: 35360 icopal dk Telefax: 02 91 52 22

Board of Directors: Aif Torp-Pedersen (Chairman), Haldor TOPS08, H 0 Thulstrup, Mads Thomsen, Peder C Beyer, J T Birch, Leif P Winterberg, Eigil Jacobsen

Management: Hans C Andreasen, Anders Buchwald, Torben Kj~rgaard

PRINCIPAL ACTIVITIES: Manufacture of roofing, road materials, flooring, 'plastics, windows, leca, sound-deadening material and slate

Trade Names: lcopal SubSidiary Companies: Icopal oy; A/S Fjeldhammer Brug; Icopal

ab; lcopal GmbH; A/S Jens Villadsens Fabriker AHI K/S; Stenderup Jensen A/S


31.12.84 DKr'OOO

Group sales turnover 2,220,800




Dividends 8,200

Dividends per share 10%

Earnings per share 6DKr

Share capital 82,000

Shareholders funds 525,100

No of Employees: Group 2,765

31.12.85 DKr'Ooo

2,311,400 155,600 88,800 76,500 12,300

10% 12DKr

123,000 573,000

V0LUND (A/S) Krogshejvej 30, 2880 Bagsvalrd Tel: (02) 44 22 00

PRINCIPAL ACTIVITIES: Group companies are engaged in the manufacture of boilers, offshore equipment, steel contructions, cranes and metal castings

Subsidiary Companies: Velund Miljeteknik A/S; Velund Energiteknik AfS; Velund Varmeteknik A/S; Krell Kraner A/S; Nyborg Jern A/S; Danstoker A/S




VOLVO DENMARK AIS Postbox 176. DK-2605 Brendby Tel: (02) 45 51 11 Cable: Volvodan Telex: 33109 VOLVO OK

Management: Kurt Bruhn

1984 DKr'Ooo 528,850

5,440

PRINCIPAL ACTIVITIES: Distribution of Volvo motor vehicles and spare parts

Parent Company: Volvo AB, Sweden Principal Bankers: Handelsbanken Financial Information:



1984 DKr'OOO

1,033,390 43,105

WESSEL, TH, & VETT AIS MAGASIN DU NORD 6 Vingaardsstraede, DK-1095 Kebenhavn K Tel: (451) 11 44 33 Cable: Magdunord Telex: 15975 MDN OK Facsimile: +451 151828

Board of Directors: Baron E Wedell-Wedellsborg (Chairman), Count N Brockenhuus-Schack (Vice-Chairman), P Heering Jnr, S Preisler, H Werdelin, a Nielsen, Inge Schiedt, S Gulmann, Tove Jagd, M Petersen, H Wedell-Wedellsborg

Corporate Directors: S Begh Karlsen (Coordination), Jergen Basse. Deputy Directors: Sverre Riis Christensen (Marketing), Ib Jessen (Finance), Kai Svendsen (Personnel)

PRINCIPAL ACTIVITIES: Department stores Subsidiary Companies: Dansk Kontoservice af 1983 A/S;

Magasin Vin A/S; Adco Reklame A/S; Bova USA Inc (50%) Principal Bankers: A/S Privatbanken Financial Information:

Sales turnover ProfH before tax Profit after tax Dividends Share capital Shareholders equity


28.2.85 DKr'OOO

1,813,000 80,500 47,800 24,600

205,100 546,500

28.2.86 DKr'OOO

2,108,700 114,400 64,300 24,600

205,100 577,500

DENMARK

45

DENMARK

46

Major Companies of FINLAND

47

A AHLSTROM CORPORATION See AHLSTROM, A, CORPORATION

AAL TOSEN TEHTAAT OY PL 286, 33101 Tampere

Tel: 931-112244

Cable: Aaltoshoe

Telex: 22139 ashoe SF

PRINCIPAL ACTIVITIES: Manufacture of leather; footwear for men, women and children

Principal Bankers: KOP


Sales turnover


AGA,OY,AB Karjapellontie 2, 02610 Espoo 61

Tel: 90-590011

Telex: 124617 aga sf

FMk'OOO

265,000

PRINCIPAL ACTIVITIES: Import and distribution of welding equipment and welding machinery as well as accessories including protective clothing and safety equipment, wires and rods, powders and fluids; distribution of vessels and tanks, refrigeration equipment, medical equipment including incubators and anaesthetic equipment


Sales turnover


AHLSTROM, A, CORPORATION PO Box 329, SF-0010l Helsinki

Tel: +358 016231

Cable: altim helsinki

Telex: 124518 altim sf

FMk'OOO

280,000

Board of Directors: Kurt Backstrom (Chairman), Lars Mikander (I Vice Chairman), Torsten Ahlstrom (II Vice Chairman), Johan Gullichsen, Bertel E Ahlstrom, Robin AhlstrOm, C E Carlson, Jarl Engblom, Jan Gube (Deputy member), T K J Tuklalnen (Deputy member)

Executive Board: Krister Ahlstrom (President), Pekka Rantala (Executive Vice President), Tor-Erik Holmberg (Executive Vice President), Jan Ehrnrooth (Vice President), Jan Gube (Vice President), Jan Inborr (Vice President), Erik Aspholm (Vice President)

PRINCIPAL ACTIVITIES: Pulp and paper division; special papers division; packaging and converting division; building materials division; engineering works division; Industrial automation

Subsidiary Companies: Kajaanin Koskija Teollisuus Osakeyhtio; Varkauden Lehti Oy; Leineperi Oy; Altim Control Oy; Riihimaen Lasi Oy, Finland; A Ahlstrom GmbH; Altim-Ahlstrom GmbH; Kammerer GmbH, West Germany; Ahlstromforetagen Svenska AB, Sweden; Ahlstrom France SA; AhlstromHanssen SA, France; A Ahlstrom Ges mbH, Austria; Ahlstrom Machinery Inc; Ahlstrom Trading Inc; Pyropower Corporation; Ahlstrom Automation Inc, USA; Ahlstrom A/S, Norway; Cartiere Bosso SpA; Eura Lanzo SpA; Nordica SRL, Italy; Ahlstrom Products Ltd; Altim Control Ltd; Ahlstrom Tubes Ltd, UK; Paper Investment AG, Switzerland; Ahlstrom littala (Canada) Inc, Canada

49

FINLAND Financial Information:

31.12.84 31.12.85 FMk'Ooo FMk'ooO

Group sales turnover 4,608,200 5,209,200 Profit before tax 112,800 99,500 Profit after tax 27,600 55,600 Dividends 29,800 34,000 Share capital 295,700 295,700 Shareholders equity 1,046,100 1,094,100

No of Employees: 12,142 Group, 9,476 Parent company

ALGOL,OY,AB Etelaranta 8, PL 170, 00131 Helsinki Tel: +358-0-12581

Cable: ALGOL Telex: 121430 algol sf

Board of Directors: Bjorn Biese (Chairman), Magnus Bargum (Managing Director)

Management: Magnus Bargum (Managing Director)

PRINCIPAL ACTIVITIES: Foreign trade; industrial production; wholesale trade; sales representations. Main product groups:industrial chemicals; machinery and equipment; steel, metals, tubes; building materials; pharmaceuticals

Subsidiary Companies: Oy Turum Kyllastyslaitos Ab; Oy Neoremedia Ab; Oy Erho Ab

Principal Bankers: Union Bank of Finland


Sales turnover


1985 US$'OOO

100,000

ALKO LTD (THE FINNISH STATE ALCOHOL COMPANY) Box 350, 00101 Helsinki 10 Tel: 90-60911

Cable: Alko-Helsinki

Telex: 12-1045 alko sf

Management Board: Heikki Koski (Chairman and Director General), Matti Kaukinen (Vice-Chairman and Industrial Director), Pentti Sillantaus (Distribution Director), Junno Pekkala (Director of Retail Sales), Mikko Immonen (Administrative Director), Kalervo Eriksson (Director of Production and Research), Bertil Roslin (Director of Finances and Economics)

PRINCIPAL ACTIVITIES: Production, sale, import and ,export of alcoholic beverages

Subsidiary Companies: Arctia Oy; Kantaravlntolat Oy; The Finnish National Distillers (ALKO) Inc (USA); The Finnish National Distillers (ALKO) Ltd (UK)

Principal Bankers: Postisaastopankki Financial Information:


Profit after tax Dividends

Dividends per share Share capital Shareholders funds

31.12.84

FMk'OOO

2,873,358 720,719

710,193

672 0.70FMk

9,600 246,000

Principal Shareholders: The Finnish State No of Employees: 2,809

31.12.85

FMk'Ooo

3,056,028

702,660

689,184 672

0.70FMk

9,600 245,500

FINLAND

AMER-YHTYMA OY Amer Group ltd PO Box 12, SF-04301 Hyrylii Tel: +358-0-255311 Cable: Amercon Helsinki Telex: 121360 amerc sf Telecopier: +358-0-255627

Board of Directors: Heikki 0 Salonen (Group Chairman and Chief Executive Officer)

President: Leif Ekstrom (Group President and Chief Executive Officer)

Senior Executives: Seppo Salminen (Group Executive Vice President, Finance and Administration), Seppo Saario (Group Executive Vice President, President of the Communications Industry and Marketing Units)

PRINCIPAL ACTIVITIES: Tobacco industry; communications industry; paper merchanting and converting; import and marketing of branded goods; import and distribution of cars and vans; design and manufacture of printed fabrics, licensing

Trade Names: Amer-Tupakka, Amer-Brokers, Weilin + Goos, Kiviranta, Amer Institute, Amersoft, Finnreklama, Amerpap, Golden Leaf, Korpivaara, Marimekko, Mecamer

Subsidiary Companies: Fionia Plant Export A/S, Denmark Principal Bankers: Kansallis-Osake-Pankki; The Union Bank of

Finland Ltd; The Bank of Helsinki Ltd Financial Information:


31.8.84 FMk'OOO 875,200 81,000 78,500 21,400 16,800

3.00FMk 13.70FMk

123,800 224,000

31.8.85 FMk'OOO

2,483,100 131,900 129,100 41,500 24,600

3.50FMk 18.70FMk

145,000 265,300

Principal Shareholders: The Engineering Society in Finland STS; Quantum Overseas NV; The Association of Graduates of the Schools of Economics SEFE; The Student Union of the Helsinki School of Economics KY; The Land & Water Technology Foundation; Pohjola Group


ARCTIA OY PL 156, 00121 Helsinki 12 Tel: 90-642889 Telex: 121369 arct sf

Chairman: Heikki Koski Directors: Per-Olof Kreander (Managing Director)

PRINCIPAL ACTIVITIES: Hotels and restaurants Trade Names: Hotel Kalastajatorppa; Hotel Marski; Restaurant

Savoy and others (9 hotels and 26 restaurants) Parent Company: Oy Alko Ab SubSidiary Companies: Oy Polarkesti Ab; Hotel Marina Palace PrinCipal Bankers: Kansallis-Osake-Pankki; Postipankki Financial Information:

Sales turnover Profit before tax Profit (loss) after tax Retained profit (loss) Dividend Dividend per share Share capital Shareholders funds


31.12.84 FMk'OOO 449,881

1,764 (1,643)

(250)

66,700 76,448

31.12.85 FMk'OOO 488,167

7,309 5,138 4,888 3,960

132 66,700

213,353

50

AREA, MATKATOIMISTO OY, PL 227, 00131 Helsinki Tel: 90-18551 Cable: Areatours Telex: 125244 arkes sf

PRINCIPAL ACTIVITIES: Air charter services Financial Information:

Sales turnover


ARE-YHTYMA PL 85, 40101 Jyviiskylii 10 Tel: 941-214022 Telex: 28238 are sf

FMk'OOO 490,000

PRINCIPAL ACTIVITIES: Wholesale and retail trade in air conditioning equipment and motor vehicles


Sales turnover


ARO-YHTYMA OY Ristipellontie 1-9, 00390 Helsinki 39 Tel: 90-544122 Cable: Autokeskus Telex: 121231

FMk'OOO 500,000

PRINCIPAL ACTIVITIES: Import and distribution of cars and spare parts; manufacture of insulating materials


Sales turnover


ASKO OY PL 45, 15101 Lahti 10 Tel: 918-1511 Cable: asko Telex: 16157 asko sf

Chairman: Niilo Pellonmaa

1984 FMk'OOO 937,000

Directors: Pertti Lares (Managing Director), Jarmo Rytllahti (Vice Managing Director)

PRINCIPAL ACTIVITIES: Manufacture and export of furniture, domestic appliances, pipes and other foundry products, refrigerated supermarket equipment, caravan refrigerators, plastic products, plastiC pipes (Uponor group), textiles (Finlayson group)

Trade Names: Asko, Upo, Uponor, Finlayson, Finnwear Subsidiary Companies: A/S Upo; Upo (UK) Ltd; Upo

Kiiltetechnik GmbH; Fasal Oy; Futurumverken Ab; Oy Uponor Ab; Vilkonsaha Oy; Oy Indoor Design Ab; Elixair Oy; Upo Ab; Oy Finlayson Ab

Principal Bankers: Union Bank of Finland Ltd


Group sales turnover Profit before tax Profit after tax Retained profit Share capital Shareholders fund· ·including reserves


31.12.84 FMk'OOO

1,356,200 29,501 22,042

3,374 50,996

260,137

31.12.85 FMk'ooo

1,670,400 31,807 28,285

8,156 50,996

293,511

ASPO GROUP Hitsaajankatu 12, 00810 Helsinki 81 Tel: 782611 Cable: aspo sf Telex: 124803 aspo sf

Supervisory Board: Helge Haavisto (Chairman) Board of Directors: A E Vehmas (Chairman), Henrik Nyberg

(Vice Chairman and Managing Director), Teuvo Juuvinmaa (Vice Managing Director), Pertti Kantele (Director of Metals Group), Markku Keskitalo (Director of Chemical Group), Matti Arteva (Director of Engineering)

Senior Executives: Kari Hohti (Director of Electronics), Jouko Mottonen (Director of Electronic Components), W Krestjanoff (Director of CMEA-Trade)

PRINCIPAL ACTIVITIES: Coal distribution. Shipping. Lubricants and chemicals production and distribution. Machine tools sale to metal industry. Steels and aluminiums wholesale trade and steel service activity. Production and marketing of microelectronics and security electronics

Parent Company: Polttoaine Osuuskunta Subsidiary Companies: Aspo Oy; Etela-Suomen Laiva Oy; Oy

Somanship AS; O.Y. Nappara; Sophistics OY; Oy Troili Ab; Aupatec Oy; Toolsystem Oy; Profistics Oy

Principal Bankers: Kansallis-Osake-Pankki Financial Information: Group figures

Sales turnover Profit before taxI 1 ) Profit after tax Dividends(2) Share capital Shareholders equity (1 land reserves (2)Aspo Oy

31.1.85 FMk'OOO

1,163,378 29,195 8,963 8,400

42,000 138,900

Principal Shareholders: Polttoaine Osuuskunta (73.5%) No of Employees: 861

DAGMAR OY AB Lonnrotinkatu 25A, 00120 Helsinki 12 Tel: 90-6111 66 Telex: 122385 dagmr sf

PRINCIPAL ACTIVITIES: Advertising Financial Information:

31.1.86 FMk'OOO

1,255,300 60,011 15,434 12,900 67,500

185,700

Sales turnover FMk'OOO 330,000

EFFOA-FINLAND STEAMSHIP CO LTD POB 290, SF-00131 Helsinki Tel: Int. 358-0-1781 Cable: Finska Telex: 121410 effoa f

Board of Directors: Aatos Erkko (Chairman), Casimir Ehrnrooth, N A Etola, Robert G Ehrnrooth (Managing Director), Fredrik Castren, Pentti Salmi (Vice Chairman), Tankmar Horn, Jouko Sere, E 0 Mansukoski, Gay Ehrnrooth, Kari Kairamo, Jaakko Ihamuotila, Christoffer Taxell

Management Board: Robert G Ehrnrooth (Chairman and Managing Director), Nils-Gustaf ralmgren (General Manager, Deputy Managing Director), Bo Aberg (General Manager), Jukka Suominen (General Manager)

Management Group: Robert G Ehrnrooth (Chief Executive Officer), Jukka Suominen (Travel Industry Division), Pekka Petajaniemi (Personnel and Information), Max Soderberg (Market Contacts), Henrik Osterberg (Economy), Nils-Gustaf Palmgren (Asset Management Division Marine Service Division), Gunnar J Heinonen (Subsidiaries), Timo Saarinen (Managing Director, Oy Hangon Hinaus Ab), Olof Weckstrom (Overseas Services, Oy Finncarriers Ab), Kurt Osterberg (Economy, Oy Fincarriers Ab). Bo Aberg (Cargo Division, Managing Director, Oy Finncarriers Ab), Rolf Karlemo (Fleet

51

FINLAND Services, Oy Finncarriers Ab), Veikko Stude (Financing), Ted Westerberg (Managing Director, Oy Neptum Ab)

PRINCIPAL ACTIVITIES: Shipping services Subsidiary Companies: (100%) owned unless stated: Oy

Finncarriers AB; Oy Neptun Ab; Oy Hangon Hinaus Ab; Oy Silja line Ab (50%); Oy Finnjet Line Ltd; Oy Finland Tax-Free Shopping FTS Ab

Principal Bankers: Bank of Helsinki; Union Bank of Finland Financial Information: Parent company figures

31.12.84 FMk'OOO

Sales turnover Profit (loss) before tax (Loss) after tax Retained profit Dividend Dividend per share Share capital Shareholders funds

1,194,127 (5,000) (5,000) 37,335

7,000 7FMk

100,000 192,255

31.12.85 FMk'OOO

1,149,904 19,540

(26,183) 39,380

100,000 165,073

Principal Shareholders: Enso-Gutzeit Oy (15%); Rauma-Repola Oy (10%); Finnish Marine Insurance Ltd (9.1 %); Oy Etola Ab (8.6%); Oy Orte Ab (5.4%); Neste Oy (5%)


EKENGREN, INSINOORITOIMISTO BERTEL, OY Ankkurisaarent 2, 02160 Espoo Tel: 90-42031 Telex: 122843 eke sf

PRINCIPAL ACTIVITIES: Building contractors Financial Information:

Sales turnover


ELANTO,OSUUSLlIKE, Hameentie 11, 00530 Helsinki Tel: 90-7341 Telex: 121 953 HOPRE SF

FMk'OOO 280,000

Administrative Council: Erkki Tuomioja (Chairman) Directors: Jorma Sepppanen (Deputy Manager Administration),

Eero Tuomola (Personnel Manager), Eero Autere (Food Section Manager), Matti Tamminen (Department Store Section Manager), Reino Liimatainen (Hotel and Restaurant Section Manager), Kauko Aaltonen (Production and Transport Manager)

Senior Executives: Ylermi Runko (General Manager)

PRINCIPAL ACTIVITIES: Manufacture of bakery products; import and retail trade in textiles, furniture, toys, leisure goods, dairy products, fish, fruit, groceries, grain, seeds, fodder, tobacco, ready made clothing; hotel interests

Subsidiary Companies: Kannelmaen tavaratalo Oy; Pohjolan Pesula Oy; Pohjolan Siivous Oy; Oy Kaupparengas Ab; Oy Palvelurengas Ab


Sales turnover Profit before tax Profit after tax Retained profit Share capital Shareholders funds


ELECTROLUX,OY,AB PL 15, 00101 Helsinki 10 Tel: 90-77001 Telex: 121512 elek sf

Management: Bengt Ohls

31.12.84 FMk'OOO

1,695,076 4,308

685 36,505 12,131 12,726

FINLAND PRINCIPAL ACTIVITIES: Manufacture and distribution of

domestic electrical equipment Parent Company: Electrolux AB, Sweden Financial Information:

Sales turnover


ENSO-GUTZEIT OY Kanavaranta 1, SF-00160 Helsinki Tel: (358) 0-16291 Cable: ensogutzeit Helsinki Telex: 124438; 121438 enso sf

FMk'OOO 625,000

Supervisory Board: E Ollila (Chairman), P Morri (Vice Chairman), A Anttila, C-O Homen, J Nykanen, J Pajula, M Pesala, E Pystynen, E Rantala, P Rekola, T Salo, P Uusivirta, P Viinanen

Board of Directors: P Salmi (Chairman, President and Chief Executive Officer), V Korpi, R Korvenmaa, P Larvio, J Paronen (Deputy for Chairman and President), E Vuorio

Division Vice Presidents: J Vii-Paavola (Paper Division), E Vuorio (Newsprint, Laminating Papers and Groundwood), J Pohjolainen (Packaging Division), J Taukojarvi (Mechanical Wood Industry), H Rutanen (Engineering Division), I Pukkila (Forest Division)

PRINCIPAL ACTIVITIES: The Company operates in the woodprocessing, engineering, chemical and other manufacturing industries, engages in agriculture, forestry and merchant shipping, as well as the supply of hydro power and the building of hydro-electric facilities. The Company may also engage in research and development and the sale of knowhow and services in its own field of activity and carry out construction, operational, marketing and other corresponding assignments both in Finland and abroad

Subsidiary Companies: (100% owned unless stated): Pitkiipuu Oy (60%); Oy Spirolit Ab; Finnish Fibreboard Ltd (60%). Foreign subsidiaries:- Enso AG (95%) (Switzerland); Enso A/S (Denmark); SA Enso N.V. (99.7%) (Belgium); Enso (France) S.A. (99.3%) (France); Enso-Gutzeit Trading AG (60%) (Switzerland); Enso (Holland) B.V. (Netherlands); Enso International Inc. (USA); Enso-Italia Sri (Italy); Enso Machinery Inc (USA); Enso-Trading AB (Sweden); Enso-Trading Handelsgesellschaft m.b.H. (Austria); Enso (UK) Ltd (UK); Eurocan-Enso Far East Co Ltd (50%) (Japan); Eurocan Investments Ltd (Canada); Eurocan South East Asia Co Pte Ltd (50%) (Singapore); Enso Iberica S.L. (Spain); Johann Heinrich Poppe GmbH & Co (80%) (Germany); Poppe Handelsgesellschaft m.b.H. (Germany)

Principal Bankers: Kansallis-Osake-Pankki; Postisaiistopankki Financial Information:

Group sales turnover Profit before tax' Profit after tax' Dividends per share Share capital 'and adjustments

31.12.84 FMk'OOO

6,302,100 239,425

17,608 0.80FMk 541,587

31.12.85 FMk'OOO

6,664,807 183,663 54,865

0.95FMk 943,319

Principal Shareholders: Finnish State (52.6%); Bank of Finland (10%); Social Insurance Institution (14.6%), Private persons, endowments and funds (22.8%)


E-OSUUSKUNTA EKA Eka CO-Op Hiimeentie 19, Kiienkuja 3-5B, PL 72, 00501 Helsinki Tel: (90) 7331 Cable: eka Hki Telex: 124454 eka sf Telecopier: (90) 733 2921

President: Eino Malinen

52

PRINCIPAL ACTIVITIES: Co-operative company for buying and selling of consumer goods; network of retail stores; manufacturing of flour and bakery products; coffee, margarine, biscuits, animal feedstuffs, clothes, wooden doors and window frames, roofing felts and insulating materials, furniture, techno-chemical products; import of consumer goods; export of furniture, clothes, biscuits, techno-chemical products

Subsidiary Companies: Oy Renlund Ab; Finnoil Oy (50%); Suunnittelureugas Oy; Haka-Auto Oy


Sales turnover' 'including subsidiaries


ERICSSON, OY L M, AB 02420 Jorvas Tel: 90-2991 Telex: 12546

1984 FMk'Ooo

10,375,000

1985 FMk'OOO

12,548,000

PRINCIPAL ACTIVITIES: Manufacture of rectifiers, integrating circuits, capacitors, condensers, cables and wires, terminals, plugs, road signs, indicator panels, telephone and telecommunications equipment

Parent Company: L M Ericsson Telefonaktiebolaget, Stockholm, Sweden


Sales turnover


ESSO,OY,AB Kuunkehrii 6, PL 37,02211 Ruomela Espoo 21 Tel: 90-88771 Cable: Airesso; Bunkeresso; Esso Telex: 12711

FMk'OOO 500,000

Management: Nils E Silfverberg (Managing Director)

PRINCIPAL ACTIVITIES: Import of hydrocarbons including ethane, butane and propane; petroleum; petrochemicals

Parent Company: Exxon Corp, USA Financial Information:



FARMOS-YHTYMA OY Farmos Group Ltd POB 425, SF-20101 Turku 10 Tel: +358 21-66 2211 Cable: LOV Telex: 62114 Fayht SF

31.12.84 FMk'OOO

2,486,112 88,730 50,086 93,439 49,200

4.10FMk 4.20FMk 120,000 129,317

Board of Directors: Teppo Korte (Chairman), Heikki Haavisto, Sten-Olof Hansen, Niilo Kiirki, Maunu Tainio, Matti Liukkonen

Board of Management: Sten-Olof Hansen (President), Christer Mangs (Finance), Kari Kurki (Administration), Raimo Lappalainen (Personnel Administration). Bjarne Gronblom (Technical Administration), Heikki Ojanperii (Pharmaceutical Division), Kaj Fernstrom (Agrochemical Division), Juhani Karineva (Consumer Goods Division), Pekka Ahlstrom (Diagnostic Division), Lai Ulhdesmaki (International Division)

PRINCIPAL ACTIVITIES: Manufacture of pharmaceuticals, pharmaceutical raw materials, intermediates and diagnostic products; washing and cleaning products, personal hygiene and beauty care products; special animal feeds, green fodder preservatives, pesticides and plant nutrients

Trade Names: Pharmaceuticals: Domosedan, Frusene, Antrex, Tadex, Eldepry. Agrochemicals: Farmline. Consumer Goods: Serto (a" Registered Trade Marks)

Subsidiary Companies: Farmos Group UK Ltd (UK); Farmos Group AB (Sweden); Suomen Rohdos Oy; Nordiclab Oy; ·Oulunsalo; Clinitec Oy; Farmos Farmline Ltd (UK); Be" & Sons Ltd (UK); Farmos Inc (USA); Item Development AB


Sales turnover

Profit before tax

Profit after tax

Retained profit

Dividends

Dividends per share

Earnings per share

Share capital

Shareholders equity


FAZER, OY KARL, AS PL 4, 00941 Helsinki 94

Tel: 90-87621

Cable: Kalifax Hki

Telex: 124570 Kafa SF

31.12.84

FMk'OOO

578,500

52,400

12,200

12,200

5,000

14%

7FMk

55,000

87,000

31.12.85

FMk'OOO

717,000

52,300

7,300

7,300

7,700

14%

7FMk

55,000

87,000

Board of Directors: Hans G Snellman (Chairman), Per Dreijer, Georg Ehrnrooth, Peter Fazer, Clas Hagelstam, Harri Hintikka, Magnus Linder, Robert Mattson

Board of Management: Peter Fazer (Chairman), Magnus Linder, Stig Meincke. Secretary: Hans Olof Danielsson

Senior EXBCutives: Peter Fazer (Managing Director), Hans Olof Danielsson (Finance), Heidi Larste (Economy), Seppo Karasuo (Personnel), Stig Meincke (Food Divisions), Tom Weymarn (Chocolate Division), Christian Ramm-Schmldt (Biscuit Division), Magnus Lindroos (Bakery Division), Pekka Tlkka (Fazer Trading), Pekka Kulonen (Oululalnen Flour Mill), Magnus Linder (Service Divisions), Karl Henrik Zilliacus (Fazer Catering), Hannu Leppinen (Fazer Konditoria), Antti Milkonen (ServiSystems)

PRINCIPAL ACTIVITIES: Manufacture of bread, bakery products, confectionery, biscuits and institutional catering

Subsidiary Companies: (100% owned unless stated): Fazer Konditoria Oy (and its subsidiary- Matkamanna Oy); Carry Brokers AB (and its subsidiaries: Fazer Industri AB; Fazer AB; Fazer BrM AB); Fazer Chocolates Inc; Oy J Hinninen Ab (80%); Keskusyhtymi Oy (77%); Neliherkku Oy; ServiSystems Oy (55%) (and its subsidiary Kiinteistojen Jliteautst Oy) (and its subsidiaries: Markku Malinen Oy; Lahden Viemirihuolte Oy; Karjaan Jitehuolto Ky; Oy Vaasan Puhtaanapito Sahlberg-Vasa Renha"ning Ab; Kiinteisto Oy Vaasan Kairatie 9); Suupohjan Siivouskesdus Oy; Sihkoseitti Oy (and its subsidiaries: Turun Vartiokeskus Oy; Hilytinpiste Oy; Koiravartiointi Oy; Turun Turvaelektroniikka Oy; Vartioimlsliike Vartioapu Oy); Serviteks Oy

53


Sales turnover net Profit before tax· Group profit Dividends Share capital Shareholders equity ·and appropriations

Principal Shareholders: Fazer Family No of Employees: 11,060

FEXIMA OY PL 28, 00241 Helsinki 24 Tel: 358-0-15951 Telex: 121434 fexte sf Te/efax: 358-0-1595280

Board of Directors: Jouko Nordlund

30.12.84 (18mths) FMk'OOO

2,104,328 48,907 6,104 3,683

49,180 155,026

Management: Ossian Rinne (General Manager)

30.12.85 (12mths) FMk'OOO

1,601,310 11,887 5,164 4,918

49,180 159,098

PRINCIPAL ACTIVITIES: Import, trade in and agents for carpets, ready made clothing, plastic bags, footwear, furniture, ironmongery, refrigerators etc


Sales turnover

1985 FMk'OOO 830,000


FINLAYSON, OY, AS Kuninkaankatu 3, PO Box 407, 33101 Tampere 10 Tel: 931-35222 Cable: Finlayson Telex: 22170

Management: Harry Sucksdorff (Managing Director) Senior Executives: Lauri Tenhunen, Orvo Laine

PRINCIPAL ACTIVITIES: Manufacture of textiles and coated fabrics

Parent Company: Asko Oy Subsidiary Companies: Suomen Trikoo Ab Principal Bankers: Union Bank of Finland Financial Information: Group figures

Sales turnover (Loss) before tax (Loss) after tax Dividends Dividends per share· Share capital Shareholders funds ·Parent Company

1984 FMk'OOO

1,280,000 (6,900) (8,500) 3,200

15.ooFMk 63,400

179,100

Principal Shareholders: Asko Oy (90%) (at 8/86) No of Employees: 5,899 (Group)

FINNAIR OY Mannerheimintie 102, PL 6,00251 Helsinki 25 Tel: 90-410411 Cable: Finnair Telex: 124404 fnair Te/efax: 4733 648

1985 FMk'OOO

1,398,300 (71,700) (72,800)

63,400 106,700

Board of Administration: Kalevi Sorsa (Chairman), Mikka Tiivola (Deputy Chairman), Antti Aho, Harri Holkeri, Jaakko Ihamuotila, Mikko Immonen, Reijo Kikeli, Seppo Kiiriiinen, Jaakko Lassila, Paavo Lipponen, Magnus Nordling, Olavi POikolainen, U"a Puolanne, Peter Stenlund, Haunu Ihalainen, Seppo Tikka, Kai Tornblom, Pekka Vennamo

Board of Directors: Gunnar Korhonen (Chairman), Aatos Erkko, Esko Kukkonen, Risto Ojanen, Heikki Tuominen

FINLAND Chairman's Office: Gunnar Korhonen (Chairman and CEO),

Mauri Annala (Vice President, Subsidiary Companies and Special Projects), Pentti Joro (Vice President Administration), Seppo Sarlund (Vice President PR and Press), Erkki Lehtinen (Manager Internal Auditing and Quality Control), Ritva Saarto (Legal Counsel), Kai Saveri (Legal Counsel). Management: Risto Ojanen (President of Finnair), Leif Lundstrom (Vice President Marketing), Henrik Arle (Vice President Finance and Economics), Oiva Rajasammal (Vice President Traffic Planning and Politics), Lauri J Laine (Vice President Flight Operations)

PRINCIPAL ACTIVITIES: Airline; the business of the Corporation is to operate an airline by transporting passengers, cargo and mail, to sell, lease and repair aircraft and their parts and supplies, and to carry on hotel operations

Parent Company: Finnish State (76.1%)

Subsidiary Companies: (100% owned unless stated): Finnaviation Oy (60%); Karair oy (35.1 %); Matkatoimisto Oy Area (Area Travel Agency Ltd); Matkatoimisto Matkahytyma Oy (United Travel Ltd) (80.6%); Mikkelin Matkatoimisto Oy (51%); Suomen Matkatoimisto Oy (Finland Travel Agency Ltd) (99%); Finlandia Travel Agency Ltd (93.4%); Oy Aurinkomatkat-Suntours Ltd Ab (96.7%); Oy FinnmatkatFinntours Ab; Finncharter Ltd (Canada); Nordic-Hotel Oy; Finncatering Oy; Aero O/Y

Principal Bankers: Kansallis-Osake-Pankki; Postipankki; Suomen Yhdyspannki/Union Bank of Finland


31.3.85 31.3.86 FMk'OOO FMk'OOO

Total operating revenue 2,801,076 3,132,800 Turnover 2,561,660 2,804,200 Profit before tax" 62,812 135,053 Profit after tax 5,309 8,172 Dividends 2,160 2,160

Dividends per A-share 0.30FMk 0.30FMk

Share capital 120,000 120,000 Shareholders funds 220,048 226,060

"and final appropriations

Principal Shareholders: The Finnish State (76.1%); Insurance Companies (6.1%); Banks (4.5%); other companies and organisations (12.9%)


FINNBOARD (SUOMEN KARTONKIYHDISTYS) PL 36,00131 Helsinki Tel: 90-661381 Cable: 121460 board sf

PRINCIPAL ACTIVITIES: Trade in board and packaging Financial Information:

Sales turnover


FINNISH SUGAR CO. lTD Lansituulentie 7, SF-02100 Espoo 10 Tel: 90-46961 Cable: sokeri Telex: 122174 sucro sf

FMk'OOO 2,000,000

Supervisory Board: Juhani Pesonen (Chairman), Matti Uusitalo (Vice Chairman), Vaino Hakala, Sakari Heikkila, Eero Isohanni, Ingmar Jansson, Pentti Kivinen, Jere Lahti, Seppo Lindblom, Antti Lindqvist, Esko Lindstedt, Alpo Neuvonen, Eero Rantala, Juhani Saarinen, Bengt Silen, C 0 Tallgren

Board of Directors and Executive Committee: "Gustav von Hertzen (PreSident, Chairman of the Board), "Taisto Hautakangas (Executive Vice PreSident, Vice Chairman of the Board), "Rainer Nihtila, "Bo Ekman, "Kari Ventola, Hakan

54

Lauren, Jaakko Luoma, Tuomas Massinen, "Member of the Board

PRINCIPAL ACTIVITIES: Food industry, chemical industry, feed industry and metal industry including related operations

Subsidiary/Associated Companies: Finn-Cal Products Inc, (USA); Fermco Biochemics (USA); Filla AG (Switzerland); Xyrofin AG (50%) (Switzerland); Forum Chemicals Ltd (UK)

Principal Bankers: Kansallis-Osake-Pankki; Union Bank of Finland Ltd; Bank of Helsinki Ltd; Postipankki


Sales turnover Profit before tax Profit after tax Retained profit(l) Dividends Dividends per share Earnings per share Share capital Shareholders funds(2) (1 )From previous year (2)Revaluatlon reserve, paid-

in surplus, rights issue, contingency fund, retained earnings from previous year and result for the fiscal year

30.11.84 FMk'OOO

2,873,129 229,987 219,248

11,047 16,020

1.44FMk 15.82FMk

166,500 382,751

30.11.85 FMk'OOO

3,026,650 218,008 204,169

30,203 20,233

1.44FMk 14.67FMk

167,100 410,478

Principel Shareholders: Banks, insurance companies and financial Institutions (9.7%); Companies, cooperatives etc (32.7%); Private Individuals (40.5%); Foundations and nonprofit organizations (16.7%); Public corporationsssss (0.4%)


FINNOllOY Mannerheimintie 15, 00260 Helsinki 26

Tel: 0-440 491 Cable: Finnoil Telex: 122790 finno

Chairman: Eero Rantala (and Chief Executive Officer) Directors: Mauri Perola (Managing Director), Kari Laento

(Administration), Tauno Huttunen (Finance)

PRINCIPAL ACTIVITIES: Distribution of fuels, car and leisure accessories

Subsidiary Companies: Oy Carparts Ab Principal Bankers: Union Bank of Finland, Postipankki, Labour

Savings Bank of Finland Financial Information:


1985 FMk'OOO

1,967,000 44,000

Principal Shareholders: Oil Refiners Neste Oy; The Eka Co-op; Kantava Oy


FINN-STROI OY Melkonkatu 18, 00210 Helsinki 21

Tel: 358-0-69291 Telex: 122221 stroi sf

Board of Directors: Kauko Rastas (Chairman) Management: Risto Kangas-Ikkala (Managing Director)

PRINCIPAL ACTIVITIES: Project management and contracting Principal Bankers: Kansallis-Osake-Pankki; Union Bank of

Finland Ltd

Financial Information: 31.10.84 (12 mths) US$'OOO

Sales turnover 196,115 Profit before tax 4,847 Profit after tax 4,087 Retained profit 2,217 Dividends 3,158 Dividends per share $0.789 Earnings per share $1.022 Share capital 6,315

Principal Shareholders: Rakennuskunta Haka; Polarrakennusosakeyhtio; Perusyhtyma Oy


FISKARS OY AB Mannerheimintie 14A, PL 235, 00101 Helsinki 10 Tel: 90-644011; Internat + 358 0 644011 Cable: Fiskars Telex: 124826 fhels sf Telefax: +358 0 604 053

28.2.86 (16 mths) US$'OOO 222,192

8,108 6,556 1,446 7,874

$0.984 $0.820 15,748

Board of Directors: Jacob von Julin (Honorary Chairman), G6ran J Ehrnrooth (Chairman), Laurl Kalima (Deputy Chairman), Robert G Ehrnrooth, Thomas TaUberg, Gustaf Gripenberg, Jarl Engberg, Reijo Kaukonen

Management Board: G6ran J Ehrnrooth (Chairman), Reijo Kaukonen (Deputy Chairman and Managing Director), Olof Bruncrona, Vain6 Korpeinen, Ingmar Lindberg, Lars Palmgren, Juha Toivola, Wayne Fethke (USA), Kimmo Kayhk6, Kurt-Erik Forsstedt (Secretary)

PRINCIPAL ACTIVITIES: Manufacture of scissors, knives, handtools, frames and mouldings, forgings, aluminium boats, hinges, light metal products, cranes, hydraulics, power electroniCS, traffic electronics, electrical enclosures

Trade Names: FISKARS Subsidiary Companies: Behlman Engineering (USA); Fiskars

Manufacturing Corp (USA); Fiskars Electronics Corp (USA) Fiskars A/S (99.7%) (Denmark); Fiskars A/S (Norway); Fiskars Ges mbH (Austria); Fiskars AB (Sweden); Knivman AB (Sweden); Kraftelektronik AB (Sweden) Finnovation SARL (France); Fiskars Ltd (UK); Fiskars AG (Switzerland); Fiskars Nederland BV (Netherlands); Wilkinson-Fiskars BV (50%) (Belgium); Oy Predium Ab; Oy Rahkola Ab

Principal Bankers: The Union Bank of Finland Financial Information:

Net sales Profit before tax(1) Profit after tax(2) Retained profit Dividends Dividends per share Earnings per share Share capital Shareholders funds (1 land appropriations (2)before appropriations


FORD,OY,AB PL 116,00151 Helsinki 15 Tel: 90-649011 Cable: FORDMOTOR Telex: 124743 FORDM SF

Chairman: N P Bartolini

31.12.84 FMk'Ooo 536,000 37,100 30,600

144,000 4,100 2FMK

15FMK 37,200

249,000

31.12.85 FMk'OOO 627,000

40,500 36,800

177,000 5,500 3FMk

17FMK 44,640

293,000

Directors: M Charpentier, M Hietanen, P Leander, H Palojarvi, R T G Platt, L S Sammaliahti

Senior Executives: H Palojiirvi

55

FINLAND PRINCIPAL ACTIVITIES: Import and distribution of motor

vehicles Trade Names: Ford, Motorcraft Parent Company: Ford Motor Company, USA Financial Information:


1984 FMk'OOO 803,200

4,985 2,196 5,931 8,100

45FMk 12FMk 27,000

2,500

Principal Shareholders: Ford Motor Company, USA No of Employees: 171

HACKMAN,OY,AB PL 955, 00101 Helsinki 10 Tel: +358 0 694 6055 Cable: Hackmanco Telex: 124757 hacma sf

1985 FMk'OOO 788,900

15,997 15,315

27 15,300 85FMk 85FMk 27,000

2,500

PRINCIPAL ACTIVITIES: Metal products including screws, steel furniture, tools, pipes, sanitary equipment, kitchen utensils; dairy machinery

Subsidiary Companies: DIY Timber Ltd; Hackman UK Ltd; Triangle T Corporation; TTT Maschinenmesser und Sagen; Teratuote Oy; Oy Havi AB; Hackman Housewares Ltd; Hackman Trading AB

Principal Bankers: Union Bank of Finland; Kansallis; Postipankki Financial Information:



HANKKIJA PO Box 80, SF-00101 Helsinki 10 Tel: 358-0-7291 Telex: 124660

31.12.84 31.12.85 FMK'OOO FMk'OOO 615,532 782,783

11,914 16,532 6,666 9,685

19,670 20,899 2,453 3,278

10FMk 10FMk 27FMk 29FMk 24,975 33,450

319,673 321,201

Administrative Board: Pentti Palmunen (Chairman), Osmo Pietikiiinen (Deputy Chairman), Paavo Neitola, Pekka S Vatanen, Reino T6rnroos, Risto Isannainen, Pekka Seppala, Toivo Rantakangas, Arvi Kluukeri, Jorma Lindgren, Eero Norokorpi, Antti Latva-Pukkila, Eero Oittila, Pekka Miikelii, IIkka Raitala, Elmer Orndahl, Antti Ahtiainen, Pekka Auvinen, Jorma PuUiainen, Juhani Rimpiliiinen, Heikki Seppii

Management Board: Pertti Tuomala (Chairman), Matti Manneri (Executive Vice President, Agricultural Division), Pekka Linnainmaa (Machinery Division), Tapio Harra (Engineering Division), Rauno Valkonen (Marketing Services), Kari Kontuniemi (Deputy Member, Data Processing and Material Handling Operations)

PRINCIPAL ACTIVITIES: Agricultural wholesale co-operative society

Subsidiary Companies: Oy Labor Ab; Autonovo Oy; Agroma Oy; Oy Farmer Ab; MKT-tehtaat Oy; Oy Tarvikeyhtymii Ab; Suomen Vesi- ja Liimp6johto Oy; Satoturve Oy; Oy Juko Ltd; Konekauppa PeUervo Oy; Puolimatka Group Ltd

Principal Bankers: SKOP-Bank; KOP-Bank; OKO-Bank


Sales turnover (Loss) before tax (Loss) after tax Retained (loss) Share capital Shareholders funds "Figures exclude Puolimatka

Group which was transferred to Hankkija in January 1985


1984" FMk'OOO

7,060,919 (32,738) (45,415) (35,523) 99,150

419,464

HARTELA CONTRACTORS LTD Oulunkylantori 1, SF-00640 Helsinki 1 Tel: 358 0 523611 Telex: 125056 harte sf Fax: 358-0-723728

President: J Hartela

1985" FMk'OOO

7,116,124 (17,385) (29,843) (29,843) 88,395

382,034

Directors: L Johansson (Helsinki Area), J Rantanen (Turku Area), K Hasi (Finance)

Senior Executives: L Ollikainen (Export)

PRINCIPAL ACTIVITIES: Civil engineering and construction in Finland and abroad; production of concrete and prefabricated concrete elements

Trade Names: Hartela Parent Company: Rakennusosakeyhtioe Hartela Group Companies: Hartela Contractors Ltd Principal Bankers: Kansallis-Osake-Pankki; Colonial Bank Financial Information:

Sales turnover

Principal Shareholders: J Hartela No of Employees: 2,200

HARTWALL, OY, AB PL 31, 00391 Helsinki 39 Tel: 90-54021 Telex: 123118

30.9.84 FMk'OOO 460,000

Board of Directors: Gustav von Hertzen (Chairman) Management: Erik Hartwall (Managing Director)

30.9.85 FMk'OOO 673,000

PRINCIPAL ACTIVITIES: Brewing of beer; production of soft drinks

Trade Names: Lapin Kulta, Karjala, Victor, VIP, Coca-Cola Financial Information:

Sales turnover


1984 FMk'OOO 558,000

HELSINGIN KAUPPIAAT OY Vanha talvitie 3, 00500 Helsinki 50 Tel: 90-750 955

1985 FMk'OOO 664,000

Telex: 122438 hkaup sf; 121241 hkaup sf (sales)

Board of Directors: Gustav Sandelin (Chairman), Jaakko Hjelm, Roine Auvinen, Kari Halmevaara, Harri Oksanen, Erkki Pesonen, lIari Soila

PRINCIPAL ACTIVITIES: Meat processing; prepared foods Parent Company: Tuottajain Lihakeskuskunta Principal Bankers: Suomen Yhdyspankki Oy Financial Information:

Sales turnover


FMk'OOO 1,300,000

56

HELSINGIN KAUPUNGIN ENERGIALAITOS PL 469, 00101 Helsinki Tel: 90-6171 Telex: 122290 he lei sf

PRINCIPAL ACTIVITIES; Generation and distribution of electric power and district heating


Sales turnover


31.12.84 FMk'OOO

1,369,288

HELSINGIN KESKUSTUKKU OY PI 44, SF-00101 Helsinki 10 Tel: 90-848255 Telex: 125253 hkt sf

PRINCIPAL ACTIVITIES: Wholesale trade Financial Information:

Sales turnover


HELSINGIN OSUUSKAUPPA Runeberginkatu 60A, 00250 Helsinki 25 Tel: 90-440071

31.12.85 FMk'OOO

1,643,884

FMk'OOO 885,000

Management: Pentti Pasuri (General Manager)

PRINCIPAL ACTIVITIES: Hotels, restaurants and leisure interests; general wholesale trade


Sales turnover


HOLLMING LTD PL 14, 26101 Rauma 10 Tel: 938-15200 Cable: Hollming Telex: 65114 hoi sf

FMk'OOO 333,000

Administrative Council: E A L Hammarl~n (Chairman), Aarne Hollming, Teppo Korte (Vice-Chairman), Antti Laurila, Matti Pulli, Lauri PoyhOnen, Paavo Rautkallio, Erkki Tuuli

Board of Directors: Reino Salo (Chairman, President and Managing Director), Aarno Mannonen (Vice Chairman), Thomas Alopaeus, Olli Roiha, Aila Salo, Risto Salo, Jouko Tukkiniemi

PRINCIPAL ACTIVITIES; Manufacture of ships, propulsion equipment, electronics, shop fittings

Trade Names; Aquamaster, Norpe Subsidiary Companies: Baltic Yachts Oy Principal Bankers; Union Bank of Finland Financial Information:

Group sales turnover Profit after tax Share capital Shareholders equity


HUBER,OY,AB POB 54, SF-01511 Vantaa Tel: +358-0-81811 Cable: VESIJOHTOHUBER Telex: 124740 huber sf Telefax: +358-0-821 020

31.12.84 FMk'OOO 543,885

380 18,900

256,727

31.12.85 FMk'OOO 575,886

6,216 18,900

262,560

Board of Directors; Johan W NorrmEm (Chairman of the Board), Peter Tallberg, Claes Wahlberg, Kari Jokisalo (Managing Director), Gustaf W Norrmen

Directors: IIkka Rantasalo (Manager, Installation Division), Esko Kaukonen (Deputy Managing Director, Industrial Division), Juhani Mikkolanniemi (Manager, Marketing and Materials Division), Aalto Rintala (Manager, Financial Division), Jorma Puheloinen (Manager, Administrative Division), Matti Eronen (Manager, Systems Division), Pekka Patjas (Manager Wholesale Division), Aulis Merikoski (Manager, Projects)

Senior Executives: Erik Wahlberg (Sales Manager), Arvo Maki (Sales Manager), Viljo Salonurmi (Sales Manager), Heimo Levamo (Installation Manager), Risto Issakainen (Installation Manager), Kalevi Roiha (Sales Manager), Heikki Visa (Sales Manager), Olavi Usvasalo (Installation Manager, Fire Technics), Arto Eerola (InstaUation Manager), Karl-Johan Indola (Installation Manager), Markku Blixt (Installation Manager), Markku Ylineu (Installation Manager), Tapio Kelorita (Manager, Project Team I) Kalevi Mattila (Manager, Project Team II), Risto Marttinen (Production Manager, Machine Shop), Ari Juva (Manager, Huber Testing), Arto Leskinen (Manager, Teollisuus-Ja-Ro)

PRINCIPAL ACTIVITIES: Installation and wholesale of heating, water-supply and air-conditioning material; installation of process-pipings; production of pipes and wholesale electrical goods

Subsidiary Companies: Oy EMS Ab; Projektror AB (Sweden); Tumab AB (Sweden); Oy Huber Consulting Ab


Sales turnover Profit after tax Dividends Dividends per share Share capital


HUHTAMAKI GROUP (THE) Ratavartijankatu 2, 00520 Helsinki 52 Tel: +358-0-140611 Cable: huhtamaki hki-sf Telex: 124532 yhtyma sf

1986 FMk'OOO

1,184,000 33,197 2,700

200FMk 18,000

Supervisory Board: Olavi Jaakola (Chairman), Samuli Suomela (Vice Chairman), Yrjo Blomstedt, Jouko Brade, Niilo Hallman, Sirkka Hamalainen, Osmo Ikola, Matti Umanen, Pekka Jauho, Kata Jouhki, Antti Kataja, Jaakko Lassila, Paavo Lipponen, Jorma Routti, Pentti Talonen

Board of Directors: Asko Tarkka (Chairman, President, Chief Executive Officer), Erkki Railo (Executive Vice President of the Huhtamaki Group and President of Leaf Inc. USA), Eero Aho (Administrative Director), Raimo Hertto (Executive Vice President of Leaf Inc, USA), Mikael Lilius (Group Vice President, Packaging Group), Lasse Lindberg (Executive Vice President and Group Vice President for the Pharmaceutical Group), Jarmo Nuotio (Group Vice President for Confectionery and Beverage Group), Timo Petola (Executive Vice President and Group Vice President for the Food Industry), Veikko Sjoblom (Vice President for PR and Advertising)

PRINCIPAL ACTIVITIES: Manufacture of confectionery, foods, beverages; pharmaceuticals; medical and plastic products; disposable dishes, cardboard and plastic packaging; aluminium tubes and aerosol containers; wholesale of pharmaceutical products, hospital and laboratory equipment, research chemicals and selective cosmetics; advertising agency

Parent Company: Huhtamaki Oy Subsidiary Companies: Arabian Papar Products Company;

Finnfoods Inc; Finnfoods Ltd; Leaf Inc; Leaf Europe BV; Leaf Ltd; Laaketukku Oy; Medica Pharmaceutical Co Ltd; Oy Norfin AS; Norlin Ltd; Odontoprev Ltda; Printal Oy; Printal (UK) Ltd; Comevi SA; Envases de Papal y Carton SA; Fabrica de Envases Plasticas SA; Polar Cup GmbH; Polarcup Ltd;

57

FINLAND Polarpak AB; Polarcup SA; Polarcup Singapore Pte Ltd; Polarpak AS; Tehomainos J Walter Thompson Oy

-Principal Bankers: KOP Financial Information:



HUURRE OY PL 127, 33101 Tampere Tel: 931-480633 Cable: HUURRE Telex: 22177 huurr sf

31.12.84 FMk'OOO

3,878,500 39,300 26,700 46,800 16,400

2.80FMk 5.38FMk 191,000 395,900

31.12.85 FMk'OOO

4,323,600 95,600 63,500 91,800 26,500

2.80FMk 10.30FMk

210,000 397,600

Board of Directors: Dr Paavo V Suominen (Chairman), Markku Suominen, Heli Suominen, Par Stenback, Ari Tolppanen

Operating Board: Ari Tolppanen (Chairman), Pertti Mantyla, Eero Niiniviita, Erkki Hannula, Matti Ruopio, Markku Suominen

Senior Executives: Ari Tolppanen (President), Pertti Mantyla (Financial Director), Markku Suominen (Technical Director), Eero Niiniviita (Director), Erkki Hannula (Director), Matti Ruopio (Director)

PRINCIPAL ACTIVITIES: Manufacture of cold storage and refrigeration equipment

Trade Names: Huurre Parent Company: Hils-Sales Ltd Subsidiary Companies: Huurre-Norge AjS (Norway); Sandgren

Isolering AB (Sweden); Frigopanel System AB (Sweden); KiPanel (Sweden); Huurre Cold Industries Ltd (UK); Hurral Ltd (UK)

Principal Bankers: Union Bank of Finland; Kansallis-OsakePankki



31.3.85 FMk'OOO 262,852

1,665 1,510

20,960 20,980

31.3.86 FMk'OOO 356,382

3,863 2,313

20,960 20,980

Principal Shareholders: Oy Hics-Sales which is (100%) owned by Paavo V Suominen and his family


ILMARINEN, ELAKEVAKUUTUSOSAKEYHTIO "marinen Pension Insurance Company Ltd Eerikinkatu 41, 00180 Helsinki 18 Tel: 90-1841 Telex: 122932 ilmar sf

Supervisory Board: Pertti Niemisto (Deputy Chairman), Juhani Ahava, Klaus Ahlstedt, Juhani Aho, Tuomas Anhava, Pertti Berg, Georg Berner, Niilo Hakkarainen, Jaakko Heinonen, Juhani Heinonen, Pekka Herlin, Harri Holkeri, Lauri Ihalainen, Maunu Ihalainen, Erkki Inkinen, Antero Kaijalainen; K K Kankaanranta, Pentti Katajamaki, Veikko Kauranen, Orvo Kiesi, Pentti Kivinen, Pentti Koivikko, Fritz Kuula, Raimo Karkkainen, Simo Karava, Martta Lauren, Magnus Linder, E 0 Mansukoski, Uljas Makela, Johan Norrmen, Heikki Peltonen, Raimo Pohjavare, Antti Potila, Asko Puumalainen, Jarmo Rantanen, Jaakko Riikonen, Ragni Rissanen, Pekka Sallinen, Juhani Salonius, Timo Setala, Antero Siljola, Asko Tarkka, Teuvo Tuominen, Aimo Vihervuori, Jyrki Vihma

FINLAND Board of Directors: Pentti Talonen (Chairman of the Board),

Juhani Salminen (Managing Director and Deputy Chairman of the Board). Jyrki Hagglund, Tapani Kahri, Aimo Korhonen, Peter KOttner, Per-Erik Lundh, Yrjo Niskanen, Jarmo Pellikka, Riitta Prusti, Pentti Seppala, Raimo Vuorinen, Lauri Koivusalo (Deputy Managing Director), Heikki Va rho (Deputy Managing Director). Deputy Members of the Board of Directors: Kaarlo Honkasalo, Markku Kammiovirta, Turkka Laine, Hannu Marttila, A Y Narakka, Kari Pellikka, Seppo Siitonen

Senior Executives: Matti Kurimo (Actuarial Director), Ky6sti Poutiainen (Director), Maire Rantanen (Director), Pirkko Jarvela (Assistant Director), IIkka Mikkola (Assistant Director), Tellervo Noppa (Assistant Director), Vesa Pohjankoski (Assistant Director), Antti Uski (Assistant Director)

PRINCIPAL ACTIVITIES: The mandatory employment pension insurance and voluntary additional pension insurance

Parent Company: Pohjola Insurance Company Ltd Financial Information:

31.12.84 31.12.85 FMk'OOO FMk'OOO

Premium income 2,098,127 2,920,429 Investment income 976,457 1,162,703 Profit before tax 5,305 10,611 Profit after tax 1,537 1,807 Retained profit 13,497 14,978 Dividends 126 126 Dividends per share 1FMk 1FMk Earnings per share 7FMk 9FMk Share capital 2,100 2,100 Shareholders funds 25,597 27,078

Principal Shareholders: Pohjola Insurance Company Ltd (62.4%); Suomi-Salama Mutual Life Assurance Company (29.5%)


IMATRAN VOIMA OV PO Box 138, 00101 Helsinki 10 Tel: Int +358 0 6944811 Cable: Imatranvoima Telex: 124608 voima sf Telefax: 6940896; Teletex: 1000836

Chairman: Paavo Aitio Directors: Kalevi Numminen (President), Klaus Ahlstedt

(Executive Vice President), Teuvo Hiltunen, Jaakko Holm, Kalervo Nurmimaki, Anders Palmgren, Pertti Voutilainen

PRINCIPAL ACTIVITIES: Production and distribution of about 41% of the country's electricity; Consulting engineers

Subsidiary Companies: IVO International Ltd; Oulujoki Oy; Inkoon Satama Oy; Killin Voima Oy; Tekivo Oy; Tekitermo Oy

Principal Bankers: Kansallis-Osake-Pankki; Postipankki; Suomen Yhdyspankki


FMk'OOO FMk'OOO

Sales turnover 3,593,516 4,383,679 Profit before tax 160,125 401,458

Profit after tax 120,385 327,195 Retained profit 67,022 185

Dividends 52,030 83,048

Dividends per share 0.80FMk 1.10FMk


Shareholders funds 881,782 1,126,360

Principal Shareholders: The Republic of Finland (95.6%); The Social Insurance Institution (4.4%)


INSINOORITOIMISTO BERTEL EKENGREN OV See EKENGREN, INSINOORITOIMISTO BERTEL, OY

58

INSTRUMENTARIUM CORPORATION PO Box 357, SF-00101 Helsinki 10 Tel: +358 0 711 211 Cable: INSTRUMENTARIUM Telex: 124687 instr st Telefax: +358 0735 172

Board of Directors: Markku Talonen (Chairman and President), Gustav von Hertzen, Seppo Oksanen (Vice President), Antero Partanen (Vice President), Pekka Perttila (Division Manager)

Management: President: Markku Talonen. Central Administration: Matti Salmivuori (Finance), Aarne Reponen (Real Estate), Matti J Vuorela (Personnel), Heikki Nelimarkka (New Business Development). Divisional Management: Olli Riikkala (Monitoring and Pulmonary Division), Folke Lindberg (Palomex Division), Kalevi Rautakorpi (Merivaara Division), Pekka Perttila (Med Division), Seppo Oksanen (Metos Division), Antero Partanen (Optical Division), Anssi Ratia (Professional Electronics and Information Systems Division)

PRINCIPAL ACTIVITIES: Network of ophthalmic practices; manufacture and wholesale of medical and scientific instruments, hospital furniture, electrical machinery and components and catering equipment

Trade Names: Datex, Palomex, Metos, Merivaara Subsidiary Companies: Accord AC AB (Sweden); Datex Medical

Electronics BV (Netherlands); Datia HOldings BV (Netherlands); Oy Dentaldepot Ab (98.92%); Erkkola Ky; Field Oy; Oy Havemann Ab; Instru-Vaaka Oy; Itka Oy; Kaipanen Oy; Optikko Kontila Ky; Leipak Oy; Medko Oy; Oy Metava Ab; Metos Stork6k AB (Sweden); Principals Oy; Mijnhardt BV (Netherlands); Silmalasiliike Pori Oy; Insin66ritoimisto T.E. Stahl Ky; Suo men Kameratukku Oy (92.48%); Vaaka-Nyholm Trade Oy

Principal Bankers: Kansallis-Osake-Pankki Financial Information:



31.12.84 FMk'OOO 815,274 39,717 36,116 70,354 11,430

2.67FMk 9.14FMk

85,725 260,238

31.12.85 FMk'OOO 984,090 89,735 77,892

133,234 17,400

4.01FMk 16.50FMk

87,000 319,967

INTERNATIONAL BUSINESS MACHINES, OV, AB IBM Mannerheimintie 8, PL 265, 00101 Helsinki 10 Tel: 90-4591 Cable: Inbusmach Telex: 12576

PRINCIPAL ACTIVITIES: Import and distribution of data processing equipment and office machines; technical consultants


Sales turnover


ISKU-VHTIOT PL 40, 15211 Lahti 21 Tel: 918-43 811 Telex: 16177

Management: T Vikstr6m

FMk'OOO 730,000

PRINCIPAL ACTIVITIES: Manufacture of furniture; production of plywood, chipboard and sawn timber




ITIKKA,OSUUSKUNTA, Box 117,60101 Seinajoki 10 Tel: 964-141312 Cable: Itikka Telex: 72-114

Management: Pentti Salonen (Managing Director), Jaakko Makela (Manager), Erkki Roivas (Manager), Jorma Kosola (Manager), Timo Kotioja (Manager), Antti Suni (Manager)

PRINCIPAL ACTIVITIES: Abattoirs, fresh, frozen, canned, cooked, salted and other prepared meat and meat products, charcuteries, ready meals, edible fats; livestock wholesaling, hides

Trade Names: Atria-Products Subsidiary Companies: Maan Liha Ltd, Kauhajoki Principal Bankers: KOP; OKO; SKOP Financial Information:

Sales turnover


JOUTSENO-PULP CO. 54120 Pulp Tel: 953-3071 Telex: 58229 pulp sf

1984 FMk'OOO 730,000

1985 FMk'OOO 840,000

Board of Directors: Seppo Virtanen (President), Ari Martonen, Heikki Nurminen, Antti Uski

Directors: Jorma Jokinen (Managing Director) Senior Executives: Raimo Lehtola (Technical Director)

PRINCIPAL ACTIVITIES: Manufacture and sale of bleached pulp Trade Names: Joutseno Birch, Joutseno Pine Principal Bankers: Kansallis-Osake-Pankki

Principal Shareholders: Rauma-Repola Oy (48%); United Paper Mills Ltd (40%); Kansallis-Osake-Pankkl, Elakevakuutus Oy IImarinen and Vakuutus Oy Pohjola (12%)


KAJAANIOY Tihisenniemi, POB 186, 87101 Kajaani Tel: 986-191 Cable: Kajaaniyhtio Kajaani Telex: 33118 kajoy sf Fax: (986) 12 1659

Board of Directors: Jaakko Lassila (Chairman), Pentti Talonen (Vice Chairman), Antero Kivi, Juhani Salminen, L J Jouhki, Hannes Kulvik. Secretary to the Board: Raimo Horneman

Management Group: Juhani Ahava (Managing Director), Jaakko Talsi (Deputy Managing Director, Finance and Administration Department), Jorma Sainio (Manager Sawmills), Raimo Horneman (Manager General Services Department), Seppo Mononen (Manager Technical Departments), Olli Sarantola (Manager Forest Department), Paavo Tuovinen (Manager Joinery Factory), Antti Arjas (Manager Paper Mill)

PRINCIPAL ACTIVITIES: Newsprint, magazine paper, catalogue paper, sawn goods, joinery products

Trade Names: Kaja, Pine Top

Subsidiary/Associated Companies: Toja Oy; Pohjolan Voima Oy (18.7%); Herman Andersson Oy (40%); Oulu Stevedoring Oy (40%)

PrinCipal Bankers: Kansallis

59


Sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per share Share capital Shareholders equity

31.12.84 FMk'OOO

1,036,324 41,675 10,225

1,119 6,930

30FMk 86,625

706,518

31.12.85 FMk'OOO

1,064,900 23,965 10,315 2,585 8,663

30FMk 86,625

708,059

Principal Shareholders: KOP; POHJOLA; ILMARINEN No of Employees: 2,100

KALERVO, KESKINAINEN ELAKEVAKUUTUSYHTIO, PL 205, 00181 Helsinki Tel: 90-69521

PRINCIPAL ACTIVITIES: Insurance Financial Information:

Premium income


KALEVA TRAVEL AGENCY L TO Lonnrotinkatu 5, 00120 Helsinki Tel: 358-0-602711 Cable: KALEVATRAVEL Telex: 124814; 122475 kleva sf

Chairman: Esa Kauppinen

FMk'OOO 980,000

Directors: Arno Mattsson, Henrik Kiianheimo, Raoul Jokilheto Senior Executives: Marcus Weintraub, Antero Santala

PRINCIPAL ACTIVITIES: Travel agents Parent Company: John Nurminen Oy Financial Information:

Sales


1984 FMk'OOO 372,000

KANSALLIS-OSAKE-PANKKI PL 10, Aleksanterinkatu 42, 00101 Helsinki 10 Tel: 90-1631 Cable: Kansallis Telex: 124412 kopi sf

1985 FMk'OOO 403,900

Chief General Manager: Jaakko Lassila; Deputy Chief General Managers: Simo Karava, Erkki Karmila, Aarto Heinonen

PRINCIPAL ACTIVITIES: Bank Subsidiary Banks: Kansallis Mortgage Bank Ltd, Helsinki;

Kansallis International Bank SA, Luxembourg; Kansallis International Bank (Asia-Pacific) Ltd, Singapore; Kansallis Overseas Bank Ltd, Nassau; Nordfinanz-Bank ZOrich, ZOrich; Associated Banks: Manufacturers Hanover Banque Nordique, Paris


Turnover Profit before tax Profit after tax Net profit for the year Retained profit Dividends Dividends per share Earnings per share Share capital Shareholders funds Deposits Total assets "adjusted

31.12.84 FMk'OOO

6,387,000 521,000 437,000 186,000

1,499 181,260

2.40FMk 4.87FMk" 1,800,000 4,930,000

54,310,000 67,297,000

31.12.85 FMk'OOO

8,316,000 672,000 531,000 269,000

1,581 234,000

2.40FMk 4.95FMk

2,100,000 5,228,000

66,363,000 81,338,000

FINLAND Principal Shareholders: Pohjola Insurance Company;

Elakevakuutusosakeyhtio IImarinen; Kansallis-Osake-Pankki Pension Fund; Finnish Cultural Foundation; Apteekkien elakekassa; Dreyfus Growth Opportunity Fund; RaumaRepola Oy:n toimihenkiloiden elakesaatio s.r.; Emil Aaltosen saatio; Keskinainen Vakuutusyhtio Sampo; Lehtimiehet Oy

No of Employees: 8,572 (full and part-time staff)

KARJAPORTTI, OSUUSTEURASTAMO, Porass almenkatu 50, PL 60, 50101 Mikkeli 10 Tel: 955-15111 Cable: Karjaportti Telex: 55153

PRINCIPAL ACTIVITIES: Meat and meat products Financial Information:

Sales turnover


KASVIOLJV-VAXTOLJE, OV, AB 21200 Raisio Tel: 921-780 311 Telex: 62236 rate sf

FMk'OOO 650,000

Board of Directors: Heikki Perho (Chairman), Esa Halonen (Chief Executive), Pentti Heikonen, Jukka Maki, Harri Rennes, Folke Gustafsson (Branch Director), Juhanl Oksanen (Branch Director), Kai Hannus (Branch Director)

Management: Esa Halonen (Chief Executive) Senior Executives: Heikki Siintola (Director of Foreign Trade)

PRINCIPAL ACTIVITIES: Manufacture of edible oils, potato products, fatty acids and their derivatives; lubricants

Parent Company: Part of the Raision Tehtaat Group Subsidiary Companies: Hameen Peruna Oy (50%); Raisio

National Oy (50%); Margariini Oy (38.5%); Raisio US Inc (50%); Raisio SLR Ab (25%)

Principal Bankers: Skopbank; Okobank; Union Bank of Finland Financial Information:

1984 1985 FMk'OOO FMk'OOO

Sales turnover 370,496 366,506 Profit before tax 5,669 6,650 Profit after tax 3,194 2,945 Dividend 1,224 2,294 Dividend per share 6.00FMk 6.00FMk Share capital 10,200 26,000

Principal Shareholders: Finnish farmers-15,545 shareholders in total


KAUKOMARKKINAT OV Kutojantie 4, PO Box 40, 02631 Espoo 63 Tel: +358-0-52 11 Cable: kauko helsinki Telex: 124469 kauko sf Telefax: +358-0-521 6641

Board of Directors: Matti Sundberg (Chairman), Aarne Koskelo, Juhani Harma, Kalevi Koskelo, Jorma Routti, Gustav Rosenlew. Gustaf Serlachius, Onni Sarokari

Executive Committee: Ahti Sirkia (Managing Director), Juha Waris (Deputy Managing Director, Kauko International), Hannu Narhi (Deputy Managing Director and Financial Director), Kari Ansio (Kauko Consumer Durables), Jaakko Honkanen (Kauko Soviet Trade)

PRINCIPAL ACTIVITIES: Export and international trade in wood paper, pulp, chemicals, products of the metal industry; import of consumer goods, consumer durables, raw materials, machinery, electronics

Subsidiary Companies: Kauko GmbH (Germany); Kauko Norge A/S (Norway); Kauko (Portugal) Lda (Portugal); Kauko (Espanola) SA (Spain); Kauko Time AB (Sweden); Inter Ocean

60

Trading AG (Switzerland); FinntOrker AS (Turkey); Finmetex SA (Argentina); Kauko Llda (Colombia); Kauko Guadiana SA de CV (Mexico); Finnor Ltda SA (Peru); Kauko Interamerica Inc (USA); Kaukomarkkinat Oy (Hong Kong); Kauko Far East Pte Ltd (Singapore); Kauko (Thailand) Ltd and representation in Yugoslavia, China, Indonesia, Zimbabwe and CMEA countries

Principal Bankers: Kansallis-Osake-Pankki Financial Information: Consolidated figures

31.12.84

Sales turnover Profit before depreciation Net profit Share capital Shareholders funds


KEMIOV Karihaara, 94200 Kemi 20 Tel: 980-113226 Cable: Kemi oy Kemi Telex: 3611 Kemik sf

FMk'OOO 1,981,386

61,770 41,296 16,260 57,603

31.12.85 FMk'OOO

1,986,341 41,479

817 16,260 94,150

Board of Directors: Matti Puttonen (Chairman), Risto Holstila, Ebbe Sommar, Juhani Ahava, Antti Airas

Management: Erik Volmari (Managing Director), Jorma Ranki (Director, Pulp and Kraftliner Division), Tero Paajanen (Director, Timber Division), Jukka Repo (Finance Director), Aimo Etelavuori (Personnel Manager), Olli Risla (Solicitor)

PRINCIPAL ACTIVITIES: Manufacture of paper and pulp; sawn and planed goods; forest department

Subsidiary/Associated Companies: Pohjolan Voima Oy (3%); Simon Turvejaloste Oy (33%); Tornion Puu Oy (100%); FinnKe AB (100%) (Sweden). Stevedores, shipbrokers, and forwarders operating in Kemi: Oy Kemi Stevedoring (28%); Oy Owners Broker LId (13%); Hockertin Seuraajat Oy (50%). Kemi is also a shareholder in several real estate and housing companies

Financial Information: 31.12.84 31.12.85 FMk'OOO FMk'OOO

Sales turnover 952,020 890,190



Retained profit 23.870 7,800 Earnings per share 5.75FMk 2.34FMk


Shareholders equity 198,020 203,990

Principal Shareholders: Osuuskunta Metsaliitto (46.1 %); Metsaliiton Teollisuus Oy (0.8%); Keskinainen Vakuutusyhtio Tapiola (10%); Kajaani Oy (11.4%); Elakevakuutusosakeyhtio IImarinen (8.5%); Vakuutusosakeytio Pohjola (8.5%); KansallisOsake-Pankki (8.5%); Thomesto Oy (0.9%); Others (5.3%)


KEMIRA OY Porkkalankatu 3, Box 330, 00101 Helsinki Tel: +358013211 Cable: Kemira Oy Telex: 121191 Kehki sf Telefax: +358 0 6946167

Supervisory Board: Heimo Linna (Chairman), Leo Happonen (Vice-Chairman), Matti Jarvenpaa, Toivo T Pohjala, Lauha Mannisto, Kaisa Raatikainen, Heikki Perho, Einari Nieminen, Elmer Orndahl, Kalervo Hentila, Maijaliisa Nieminen, Tytti Isohokkana-Asunmaa. Employees' Representatives; Seppo Aalto, Unto Kuukkanen, Marjut Ramo, Jorma Luukkonen

Board of Directors: Yrjo Pessi (Chairman and President), Yrjo Huttunen (Vice Chairman). Seppo Lampinen. Kauko Salminen. Niilo Lounamaa, Raimo Pyrhonen

Central Administration" Reino Airikkala (Administration, Finance and Accounting), Lauri Mikkonen (Personnel Administration), Niilo Lounamaa (Development), Juhani Kari (Legal Affairs), Eino Uusitalo (Technology), Botho Simolis (Communications), Juhani Karhulahti (Audit Management)

PRINCIPAL ACTIVITIES: The Kemira Group is active in the chemical industry in 15 countries, and produces fertilisers, agricultural and industrial chemicals, paints, titanium dioxide and other pigments, textile fibres, explosives and ammunition components, personal protection equipment and filters

Subsidiary/Associated Companies: Kemira Svenska AB (Sweden); Donald Macpherson Group Pic (UK); Tikkurila Oy; Viljavuuspalvelu Oy (79.6%); Finn-Filter Oy; A Jalander & Co Oy; Karinaisten Biokasvu Oy (51 %); Maatalouspalvelu Oy; Oy Rikema Ab; Oy Hortus Ab; Kemira AG (97%) (Switzerland); Kemira BV (Netherlands); Silenta Hearing Protection Ltd (99.9%) (UK); L&K Fertilisers Ltd (UK); Kemira (UK) Ltd (99%) (UK); Kemira Inc (USA); Kemira (HK) Ltd (99.9%) (Hong Kong)


Group sales turnover Net income before tax' Net income Dividends Share capital Equity -and appropriations

31.12.84 FMk'OOO

4,683,900 239,700

14,600 21,800

238,000 497,700

Principal Shareholders: Finnish State (99.99%)

31.12.85 FMk'OOO

6,836,000 365,700

73,000 23,900

388,000 512,000


KEPPO,OY,AB SF-66830 Oravais fabrik Tel: 61-53233 Telex: 74275 keppo sf Telefax: 61-53438

Chairman: Henrik Hoglund Directors: Roger Nyback, Klas Damsten, Henry lindgard, Ola

Tidstrom, Paul Bjorkquist

PRINCIPAL ACTIVITIES: Fur farming, ladies' garments, coated abrasives. Wiik & Hoglund is engaged in the manufacture of plastic pipes, foils

Subsidiary Companies: Oy Wiik & Hoglund Ab group; Oy Litoset Ab; Ky Teir-Siltanen Kb; Ab Monas Frys; Skargardens Fryseri Ab; Vasa Mink (Ireland) Ltd (Eire); Vasa Fox Ltd (Eire); Mirka Abrasives Ltd (UK); Mirka Schleifmittel GmbH (Germany); Mirka Abrasives Inc (USA); Soder Is group

Principal Bankers: United Bank of Finland; Bank of Helsinki Financial Information:



31.12.84 FMk'OOO 786,636

7,974 4,835

11,071 1,188

30FMk 280FMk

11,880 23,296

KESKINAINEN ELAKEVAKUUTUSYHTIO KALERVO

31.12.85 FMk'OOO 756,356

19,224 18,804 33,887

1,425 36FMk

268FMk 11,880 23,604

See KALERVO, KESKINAINEN ELAKEVAKUUTUSYHTld,

KESKINAINEN HENKIVAKUUTUSYHTIO SUOMI-SALAMA See SUOMI-SALAMA, KESKINAINEN HENKIVAKUUTUSYHTIO,

61

FINLAND KESKINAINEN VAKUUTUSYHTIO SAMPO See SAMPO, KESKINAINEN VAKUUTUSYHTld,

KESKO OY Satamakatu 3, 00160 Helsinki 16 Tel: 1981 Telex: 124748 Telefax: 655473

Supervisory Board: Matti Toivakka (Chairman), Paavo Ronkko (Vice Chairman)

Board of Directors: E 0 Mansukoski (Chairman and Chief Executive Officer), Alpo Neuvonen (Deputy Chairman and Executive Vice President), Timo Karake (Executive Vice President, Foodstuffs Division), Eero Utter (Executive Vice President Finance and Administration), Heikki Huhtanen (Executive Vice President, Non Food Division), Jouko Tuunainen (Executive Vice President, Agricultural and Builders' Supplies Division), Matti Honkala (Executive Vice President, Retail Support), Paavo Tanskanen (Executive Vice President, Materials Management)

PRINCIPAL ACTIVITIES: Kesko is the central corporation of Kretailers, a wholesale company trading in foodstuffs, textiles, shoes, other consumer goods, agricultural and builders' supplies, and machinery

Major Subsidiary Companies: VV-Auto Oy; K-Yhtiot Oy; (Citymarket; Musta Porssi; Suomen Vari Oy); Mk-Mainos Oy; Tyovaline Oy; Interrent Oy. Associated Companies: Vahittaiskaupan Takaus Oy; Kesoil Oy

PrinCipal Bankers: Kansallls-Osake-Pankki; Union Bank of Finland; Okobank; Skopbank


Sales turnover 18,376,986 19,803,805 Profit before tax 88,369 110,597 Profit after tax 65,369 87,097 Retained profit 373,285 453,551 Dividends 44,955 90,000 Dividends per share 1.50FMk 1.80FMk Earnings per share 2.18FMk 1.74FMk Share capital 300,000 500,000 Shareholders funds 1,921,921 2,556,482

Principal Shareholders: Local retailers: Kaapa Oy (1.26%); Edv Pajunen Oy (0.84%); Lasse Aaltonen Oy (0.71%)


KESKUSKUNTA OK-LIHA See OK-LlHA, KESKUSKUNTA,

KESKUS-SATO OY Kuparit 1, 00440 Helsinki 44 Tel: 90-5624044 Telex: 124228 ksato sf

Management: Jukka Peltola (Managing Director)

PRINCIPAL ACTIVITIES: Building industry Financial Information:

Sales turnover Profit before tax Profit after tax Retained profit (loss) Dividend Dividend per share Earnings per share Share capital Shareholders funds


31.12.84 FMk'OOO 563,518

16,829 12,789 (1,208)

700 1.00FMk

115.618FMk 7,000 3,388

31.12.85 FMk'OOO 557,073

12,045 10,712

216 700

1.00FMk 125.690FMk

7,000 4,716

FINLAND

KESOIL OY Akerlundinkatu 5, PL 296,33101 Tampere 10 Tel: 931-30800 Cable: Akerlundinkatu 5 Telex: 22186

Management: Esko Pietilae (Managing Director)

PRINCIPAL ACTIVITIES: Trade in petroleum, diesel, industrial oils and greases and import and trade in spare parts and components for motor vehicles


Sales turnover


KONE CORPORATION PO Box 8, SF-00331 Helsinki Tel: 4751 Cable: Kone Helsinki Telex: 124466 kone sf

FMk'OOO 1,700,000

Board of Directors: Heikki H Herlin (Chairman), Pekka Herlin (President and Chief Executive Officer), Jaakko Lassila, Matti Matinpalo, Arvo Tuononen, Gerhard Wendt

Management: President: Pekka Herlin. Corporate Staffs: Arvo Tuononen (Administration and Finance), Karl H Ranta (Production Technology), Vilkko Virkkala (Research and Development), B0rje Dahlgren (Marketing), Urpo Kauranne (Personnel), Tuomo Erola (Corporate Counsel), Seppo S Jokipii (PubliC Affairs), Martti Lof (Administration Region Finland). Lift Group: Matti Matinpalo. Materials Handling Engineering Group: Gerhardt Wendt. Overseas and Marine Technology Group: Johan Horelli. Instrument Group: Harri Timonen

PRINCIPAL ACTIVITIES: The Kone Lift Group is involved in lift marketing, production, maintenance and modernisation in Europe, Latin America, Africa and Asia. The two major Divisions of the Kone Material Handling Engineering Group are the Crane Division and the Kone Wood Division. The product range of The Kone Instrument Group includes EDP systems for clinical laboratories, chemical analysers, monitoring equipment. The Marine Technology Group designs and markets cargo handling equipment to ships like hatch covers, ramps, gates etc

Trade Names: Kone, Olii, Roxon, MacGregor-Navire Subsidiary Companies: The Corporation operates through its

over 100 subsidiaries in more than 30 countries. The biggest single market area is the USA. Subsidiary and jOint venture companies in Europe and North America:- Kone Sowitsch AG, Austria; Kone Belgium SA; MacGregor-Navire (B) NV, Belgium; Kone Marryat Scott Ltd; Kone Instruments Ltd; Kone (UK) Ltd; MacGregor-Navire (UK) Ltd; MacGregor-Navire Centrex Ltd; MGN Engineering Ltd; JH Carruthers & Co Ltd, UK; Dan-Elevator A/S; Kone A/S; Lifton Elevator A/S; MacGregor-Navire OK AfS; GS-Hydro-Danmark ApS, Denmark; Hissi-Ala Oy; Oy Kone-Air Ltd; MacGregor-Navire (SF) Oy; GS-Hydro Oy; Oy Lundin Oil Recovery Inc AB LORI, Finland; Stigler-Sabiem SA; Societe Francaise des Ascenseurs Kone; Kone Instruments SA; MacGregor-Navire (F) SA; Verlinde SA, France; Gotthilf Bauer Aufzugsfabrik GmbH & Co; Enso-Kone GmbH; GS-Hydro System GmbH; Kone Aufzug GmbH; Kone Havemeier & Sander GmbH und Co; Kone GmbH; MacGregor-Navire GmbH, Germany; Sabiem SpA; Societa Italiana Manutenzione Elevatori sri; MacGregorNavire (I) SpA, Italy; Kone BV; MacGregor-Navire (NL) BV; Schippers Hijsworktuigen BV, Netherlands; GS-Hydro Norge A/S; Kone Aksjeselskap; MacGregor-Navire (N) A/S, Norway; MacGregor-Navire (P) Lda, Portugal; MacGregor-Navire (Spain); Bauer Hiss AB; GS-Hydro AB; Kone Aktiebolag; Kone Engineering AB; Kone Hissar AB; Kone Instrument AB; Kone Invest AB; MacGregor-Navire International AB; MacGregorNavire Port Equipment AG; MacGregor-Navire (S) AB; Trional AB, Sweden; Elevator GmbH, Switzerland; Ascenseurs Drolet

62

Inc; Kaverit Steel and Crane Ltd; Kone Holdings (Canada) Inc; Kone Inc; MacGregor-Navire (Canada), Inc; Montgomery Kone Elevator Co Ltd, Canada; Armor Elevator Co Inc; Engineered Crane Systems of America, Inc; Kone Holdings Inc; Kone Instruments Inc; Kone Materials Handling Inc; MacGregorNavire (USA) Inc, USA and others in Netherlands Antilles, Brazil, Mexico, Venezuela, Hong Kong, India, Iraq, Japan, Korea, Malaysia, Philippines, Saudi Arabi, Singapore, Egypt and Australia

Financial Information: 31.12.84 FMk'OOO

Sales turnover 4,159,500 Profit before tax 185,600 Profit after tax 165,200 Retained profit 131,000 Dividends 29,200 Dividends per share 5.00FMk Earnings per share 27.30FMk Share capital 302,400 Shareholders funds 616,300


KONTINO, OY, AB Etelaranta 10, PL 107, 00131 Helsinki 13 Tel: 90-19261 Cable: Kontino Telex: 124550 Ktino sf

Chairman: Toivo Matikkala

31.12.85 FMk'OOO

5,008,100 133,200 108,700 209,900 29,200

5.ooFMk 18.00FMk

302,400 653,300

Directors: Pekka Hongisto (General Manager), Lars F Catani (Director)

PRINCIPAL ACTIVITIES: Importers, traders, agents and stockholders in iron and steel; agents for machine tools, metals and ancillary materials for the construction and building industries

Principal Bankers: Union Bank of Finland Financial Information:



KUIVAMAITO OY 15560 Nastola Tel: 918-621651 Cable: Kuivamaito Nastola

31.3.85 FMk'ooO 445,756

5,706 2,170

17,341 1,440 6,000

37,341

31.3.86 FMk'Ooo 514,126

15,674 8,092

23.993 1,440 6,000

43,993

PRINCIPAL ACTIVITIES: Production of milk, ice cream, custard powder, dried soups, dried milk for babies; milk replacers


Sales turnover


KUMMILA OY PL 440. 13201 Hameelinna 10 Tel: 917-26311 Telex: 2360 kummi sf


Sales turnover


FMk'OOO 500,000

FMk'OOO 450.000

KUSTANNUSOSAKEYHTIO OTAVA See OTAVA, KUSTANNUSOSAKEYHTI(),

KYMENLAAKSON OSUUSMEIJERI PL 17, 45200 Kouvola 20 Tel: 951-122711 Telex: 52320 kyosm sf Telefax: 951-122960

PRINCIPAL ACTIVITIES: Manufacture of dairy products Financial Information:

Sales turnover


FMk'OOO 285,000

KYMMENE-STROMBERG CORPORATION POB 300, SF-00131 Helsinki Tel: +358 0 177 242 Telex: 122275 kym sf Facsimile: +358 0 653 884

Board of Directors: Mika Tiivola (Chairman and Member of the Executive Committee of the Board of Directors), Kurt Swanljung (Vice Chairman and Member of the Executive Committee of the Board of Directors), Aatos Erkko, Esko Rekola, Jaakko Honko, Henrik Nybergh, Carl Olof Tallgren, Kalevi Numminen, Tankmar Horn, Rolf Kullberg, Aimo Pajunen, Casimir Ehrnrooth (Chairman of the Executive Board and Member of the Executive Committee of the Board of Directors)

Executive Board: Casimir Ehrnrooth (Chairman and Chief Executive Officer), Fredrik Castren (President), Matti IImari (Executive Vice President, Stromberg Division), Harri Piehl (Executive Vice President, Kaukas-Voikkaa Division), Peter Stackelberg (Executive Vice President, Kymmene Division), Vesa Vainio (Executive Vice President, Corporate Administration), Tapani Lares (Executive Vice President, Corporate Technological Management)

Central Administration: Vesa Vainio (Executive Vice President), Eero Routamo (Director Legal Matters), Markku Franssila (Director, Corporate Information), Heikki Jirvenpii (Assistant Director), Jouko Paavilainen (Director, Management Development)

PRINCIPAL ACTIVITIES: The main products of the Company are paper, board, pulp, sawn goods and bleaching chemicals. The production of the Stromberg Division consists of electrical machinery and equipment, electrification, control systems and power electronics as well as heating products, foundry and engineering products

Subsidiary Companies: Griffin Paper Corp; Star Paper Ltd; Papeteries Boucher Docelles SA; Kymi Kymmene AG; Stromberg Union AS; Stromberg-ThOmte A/S; Stromberg (UK) Ltd; Stromberg GmbH; Kymmene-Star SARL; Helsingborgs Litografiska AB; Nordland Papier; Oy Orte Ab and shares in many other subsidiaries. Associated Companies: Nokia Corporation (3.9%); Sunila Osakeyhtio (20%); Oy Finnish Peroxides Ab (50%) and shares in many other companies


31.12.84 FMk'OOO

Sales turnover 5,248,176 Profit before tax 106,511 Profit after tax 75,285 Retained profit 35,938 Dividends 37,019 Dividends per share 5FMk Earnings per share 14.26FMk Share capital 370,190

31.12.85 FMk'OOO

5,616,015 92,887 51,780 39,890 50,901 5FMk

12.60FMk 555,285

Principal Shareholders: Industrial Mutual Insurance Company (8.7%); Abo University Foundation (7.3%); Pension-Varma, Mutual Insurance Company (3.8%)


63

FINLAND

KYRO,OY,AB SF-39200 Kyroskoski Tel: 931 715 201 Cable: Kyro Tampere Telex: 22150 kyro sf

Board of Directors: Henning Sumelius (Chairman), Henrik Sumelius, Jukka Lehtinen, Lars Hammartln

Management: Juhani Riutta (Managing Director), Heikki Pankamaa (Deputy Managing Director, Director of the Chemical Forest Industry Division), Timo Suomi (Deputy Managing Director, Director of Tamglass Division), Erkki Kekkonen (Board Mill Director), Elja Nuottamo (Sawmill Director), Juhani Sirkka (Financial Director)

PRINCIPAL ACTIVITIES: Manufacturing paper, board, and sawn goods, safety glass and safety glass production equipment


Sales turnover


LAAKETUKKU OY Vattuniemenkuja 1, 00210 Helsinki 21 Tel: 90-673 191 Cable: Meditukku Telex: 12-1374

1986 FMk'OOO 590,000

Board of Administration: Asko Tarkka (Chairman) Board of Directors: Lasse Lindberg, Erkki Railo, Eero Aho, Timo

Peltola Senior Executives: Jorma Alanen (ASSistant Manager), Arvo-T.

Rautio (Chairman, Managing Director), Bjorn Mattila (Marketing Director), Raimo Viertola (Marketing Director), Heikkl Sarekoski (Vice-Chairman, Deputy Managing Director), Bo Nyman (Deputy Managing Director), Leea Wikstrom (Office Manager)

PRINCIPAL ACTIVITIES: The wholesale of pharmaceuticals, chemicals, laboratory glass and supplies, x-ray films, hospital supplies, cosmetics

Parent Company: Huhtamiki Oy (99.9%) Subsidiary Companies: Liiketukku Oy, Jyviskyli; Liaketukku

Oy, Kuopio; Laaketukku Oy, Oulu; Laaketukku Oy, Tampere; Liiketukku Oy, Turku; Liiketukku Oy, Vaasa

PrinCipal Bankers: Kansallis-Osake-Pankki; Suur-Helsingin Osuuspankki




LANNEN TEHTAAT OY 27820 Iso-Vimma Tel: 938-70300 Telex: 66166 lanen sf

1984 FMk'OOO 691,687

3,369 1.015

300 5,400

13,048

1985 FMk'OOO 785,548

27,932 26,541

1,315 5,400

39,589

PRINCIPAL ACTIVITIES: Agricultural products and equipment including sugar and animal feedstuffs and agricultural machines, earthmoving machinery, canned and frozen vegetables and berries, plant production technology and know-how


Sales turnover


1984 FMk'OOO 371,400

FINLAND

LASSILA & TIKANOJA GROUP Etelaesplanadi 18, 00130 Helsinki 13 Tel: 90-170461 Cable: Tikanyhtioe Telex: 121253 Ithki sf

Chairman: Jaakko Lassila Directors: Marjatta Korkman, Matti Kavetvuo, Pentti Talonen,

Juhani Maijala Senior Executives: Juhani Maijala

PRINCIPAL ACTIVITIES: Manufacture of clothing, shoes, narrow fabrics, nonwoven material, fur and leather clothing, wholesale of textiles

Trade Names: TIKLAS, TOPMAN, INKA Parent Company: Lassila & Tikanoja Ltd Subsidiary Companies: J W Suominen Oy; Tiklas Ireland Ltd

(Eire); M Koster & Co BV (Netherlands) Principal Bankers: Kansallis-Osake-Pannkl (KOP) Financial Information:

31.12.84 31.12.85 FMk'OOO FMk'OOO

Sales turnover 708,658 708,086 Profit before tax 30,093 7,972 Profit after tax 25,949 5,017 Retained profit 22,694 1,762 Dividends 3,255 3,255 Dividends per share 30FMk 30FMk Earnings per share 220FMk 59FMk Share capital 16,275 16,275 Shareholders funds 66,088 83,710

Principal Shareholders: Salvor Oy (8.8%); The heirs of Varpu Spronken (5.6%)


LEMMINKAINEN OY Esterinportti 2, 00240 Helsinki 24 Tel: 90-15991 Telex: 121715 lieto sf

Chairman: dipl. ins. K H Pentti Directors: dip!. ekon Heikki Pentti (Managing Director), ekon.

Paul Blomqvist (Vice Managing Director), dip!. ins. Arvo Kaksonen, dip!. ins. Into Koskinen, varat Tuike Keravuori, dip!. ins. Matti Suvanto, ekan. Reijo Holmborg

PRINCIPAL ACTIVITIES: Civil engineering works, asphalt paving, manufacturing of bituminous roofings and concrete products

Trade Names: Pikipoika, Kenitex, Ormax, Elemento Subsidiary Companies: Oy Alfred A Palmberg Ab, Ormax

Kattotiili Oy, Oy Sica Ab, WPL-System Oy, Tielinja Oy, Tehoasfaltti Oy, Rahtikuljetus Oy


Sales turnover


LIHAKUNTA PL 147, 70101 Kuopio 10 Tel: 971-123822 Telex: 42162 lihak sf

FMk'OOO 1,000,000

Management: Eino Niemistoe (General Manager)

PRINCIPAL ACTIVITIES: Meat processing, production of ready made foods, meat wholesaling; export of meat, meat products, by products, hides


Sales turnover


FMk'OOO 950,000

64

LOHJA CORPORATION SF-08700 Virkkala Tel: (+358-12) 4 511 Cable: Lohjaab Virkkala Telex: 1411 Ikvl sf

Board of Directors: Robert G Ehrnrooth (Chairman), C E Carlson, Georg Ehrnrooth (President), Esko Laitinen, Adalbert van der Pals, Almo Pajunen

Executive Group: Georg Ehmrooth (PreSident), Henrik Eklund (Building Materials and Minerals), Arto Korhonen (Concrete), Jukka Murtoaro (Electronics and Trailers), Jaakko Karppala (Corporate Planning)

PRINCIPAL ACTIVITIES: Manufacture of cement and lime; trailers; building units, ready-mixed concrete and consumer electronics including colour TV sets, TV sets for professional use, display technology; heat insulators; acrylic products; minerals and chemicals

Trade Names: Asa, Flnlux, Kafi, Solifer, Kahi, Elko, Leca, Siporex, SPU, Virko

Parent Company: Oy Lohja Ab Subsidiary Companies: Bet-Ker Oy; Elkotrade AG (Switzerland);

Oy LK-Shipping Ab; Lohja Danmark A.S (Denmark); Lohja GmbH (Germany); Lohja Inc (USA); Finlux Inc (USA); Southern Ready Mix Inc (USA); SRM of North Alabama Inc (USA); Lohja Norge AIS (Norway); Lohja Svenska AB (Sweden); Lohja (UK) Ltd (UK); Oy Rudus Ab; Oy Scanlnk Ab; Vainion Sora Oy; Betoninummi Oy; Betonivalmiste Oy; Oy Raaseporin Tilli-Raseborgs Tegel Ab; Oy Raaseporin; Suunnittelu Ab; Terilskivi Oy

Principal Bankers: Union Bank of Finland; Kansallis-OsakePankki; Bank of Heisinki Ltd; Post Office Bank


FMk'OOO FMk'OOO

Sales turnover 2,039,566 2,287,600



Retained profit 114,894 124,100

Dividends 16,320 19,600

Dividends per share 7.50FMk 9.00FMk

Earnings per share 43.60FMk 48.60FMk


Shareholders funds 294,408 301,400

Principal Shareholders: Private individuals (91%); Businesses (3%); Foundations and Funds (3%); Associations and Labour Market Organisations (3%)


LOUNAIS-SUOMEN OSUUSTEURASTAMO LSO Itilinen Pitkilkatu 4, PL 50, 20521 Turku 52

Tel: 921-676 111 Csble: Osuusteurastamo Telex: 62274

Chairman: Eeri Hyrkko Directors: Toivo Haapakoski (Managing Director) Senior Executives: Voitto Scharlin, Esa Elamo, Pertti Hongel!,

Rauno Korhonen

PRINCIPAL ACTIVITIES: Manufacture of a wide range of meat products




1984 FMk'OOO

1,409,414 50,668,151

1985 FMk'OOO

1,523,941 50,668,151

LUHTA OY Vesijarvenkatu 19, PL 162, 15141 Lahti 14 Tel: 918-21011 Telex: 16153

Management: Pekka Luhtanen (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of ready made clothing for men, women and children including ski wear, leisurewear, coats, suits and trousers


Sales turnover


MAITOJALOSTE, OSUUSKUNTA, 60320 Seinajoki 32 Tel: 964-156111

Chairman: Niilo Maki

1984 FMk'OOO 364,400

Directors: Antti M Tulimaa (General Manager), Erkki Kriikku (Commercial Manager), Mikko Lankinen (Technical Manager), Yrjo Louhi (Financial Manager)

PRINCIPAL ACTIVITIES: Manufacture of dairy products including milk and butter




MAKROTALO OY PO Box 48, SF-02101 Espoo Tel: 90-45581 Telex: 123354 makro sf Telefax: 455 8224

30.6.84 FMk'OOO 641,203

1,464 54

13,043

Board of Directors: Kauko Maijala (Chairman)

30.6.85 FMk'Ooo 654,049

2,013 55

14,635

Management: Hannu Petanen (President, Makrotalo Oy), Hannu Martlkainen (Senior Vice President), Pentti Kotiranta (Director, Export Division)

PRINCIPAL ACTIVITIES: Manufacture of building elements; prefabricated houses; project exports

Trade Names: Easy Life, MakroPanel, lsekont, Makroflex, MakroScan houses, Makro housing packages, Makrotalot, Ekotalot, Sotkatalot

Parent Company: Perusyhtyma Oy Subsidiary Companies: Lasitiili Oy; Teval Oy; AW Liljeberg Oy Principal Bankers: SKOPbank; PSP Unioninkatu Financial Information:



MALLASJUOMA OY PL 44, 15101 Lahti 10 Tel: 918-27831 Telex: 16171 omy sf

31.12.84 FMk'OOO 532,700 17,000

31.12.85 FMk'Ooo 552,400

17,000

PRINCIPAL ACTIVITIES: Brewing of beer and production of soft drinks


Sales turnover


FMk'ooo 350,000

65

FINLAND

MATKATOIMISTO OY AREA See AREA, MATKATOIMISTO OY,

MERCANTILE, OY, AB Viljatie 2, Box 129, SF-00701 Helsinki Tel: +3580-34501 Cable: mercantile 34501 Telex: 124416 mere sf Telefax: +358 0 345 0368

Supervisory Board: Dieter Aminoff (Chairman), Stefan Aminoff, Veli-Pekka Vasama (Managing Director), Edward Andersson, Bjorn Immonen

Management Board: Veli-Pekka Vasama (Managing Director), Paavo Feirikki (Financial Director), Heikki Auvinen(Director, Chemical Division), Goran Backman (Director Steel Division), Raimo Inkilainen (Director, MaChinery and Information Technology Division), Juha Marjosola (Director Arila-Data)

PRINCIPAL ACTIVITIES: Import of raw materials and machinery for Finnish industry

Subsidiary Companies: Oy Helvar; Oy Ariber Ab; Oy Mercantile Computers AB; Polymarkkinointi Oy; Ruuvituonti Oy; Svenska AB Mercantile; Ainesmyynti Oy Tampereen Pultti




METSA-BOTNIA OY AB 64260 Kasklnen Tel: 962-19111 Telex: 73130

31.12.84 FMk'OOO 967,100

15,443 15,443 17,300 1,451

20,000 59,020

PRINCIPAL ACTIVITIES: Paper and paper products Financial Information:

31.12.85 FMk'Ooo 702,100

9,934 9,934

11,552 1,451

20,000 62,578



METSAHALLITUS Finnish National Board of Forestry PL 233, 00121 Helsinki Tel: +358 0-6 1631 Cable: STATEFOREST Telex: 12-1132 metsa sf

Chairman: Jaakko Piironen (also Director-General) Directors: Kaj Asplund (Acting Director, Director of State

Forestry), Kalle Kauttu (Director of Private Forestry)

PRINCIPAL ACTIVITIES: Forestry; production of sawn logs and pulpwood


Sales turnover Profit before tax Profit after tax Dividends' Shareholders funds 'Governmental Agency

1964 FMk'Ooo

1,010,000 191,000 135,000 135,000

1,409,000

1985 FMk'OOO

1,011,600 213,601 154,408 154,408

1,455,881

Principal Shareholders: Metsahallitus is a Government central agency financed from the Government budget


FINLAND

METSALIITO GROUP (THE) Revontulentie 6, 02100 Espoo 10 Tel: 90-46941 Telex: 122521

Chairman: Lauri F Miettinen Directors: Mikko Wuoti (Chief Executive), Heikki Kokko, Seppo

T Niemi, Paavo Onnela, Matti Puttonen, Ebbe Sommar, Niilo Tikanmaki, Toivo Tuominen

PRINCIPAL ACTIVITIES: Paper, pulp, chemicals, timber trade, joinery products and wholesaling

Parent Company: Osuuskunta Metsaliitto Subsidiary Companies: Metsaliiton Teollisuus Oy; Metsaliiton

Myyntikonttorlt Oy; Oy Metsa-Botnia Ab; Kotelonokla Oy; Finnforests Ltd; Finnforest GmbH; Neopac A/S; Cartonpack SA


Sales turnover Profit before tax Profit after tax Retained profit" Dividends Share capital Shareholders funds 'including untaxed reserves

31.12.84 FMk'OOO

3,685,945 328,585 325,594 268,508

12,662 74,724

121,495

31.12.85 FMk'Ooo

4,113,034 89,216 69,191

351,336 15,334 72,316

160,658

Principal Shareholders: The Parent Company of the Metsaliitto Group is Osuuskunta Metsaliitto. Members of Osuuskunta Metsaliitto consist of 129,000 private forest owners


METSALIITON TEOLLISUUS OY (GROUP) Revontulentie 6, 02100 Espoo 10 Tel: 358-0-46 941 Telex: 12-2521

Board of Directors: Laurl F Miettinen (Chairman) Management: Ebbe Sommar (Managing Director)

PRINCIPAL ACTIVITIES: Paper and paper products, chemical products, packaging, timber and joinery products

Parent Company: Metsaliitton Teollisuus Oy Subsidiary Companies: Kotelonokia Oy; Neopac A/S (Denmark);

St Regis Hellas (Greece); Cartonpack (Greece); Finnforest GmbH (Germany); Rantasalmi Oy; Finnforests Ltd (UK)


Sales turnover Profit before tax Profit after tax Retained profit' Dividends Dividends per share Earnings per share Share capital Shareholders funds 'including untaxed reserves

31.12.84 FMk'OOO

2,146,052 159,833 162,722 156,624 10,422

4.50FMk 58.03FMk

240,000 193,376

31.12.85 FMk'OOO

2,469,443 166,393 149,041 227,359 25,976

5.00FMk 33.20FMk

408,800 204,609

Principal Shareholders: Osuuskunta Metsiiliitto (56.7%); Saiistopankkien Keskus-Osake-Pankki (5.0%); Metsaliiton Toimenhaltijain Elakesiiiitio s.r. (1.5%); Sahojen Myyntikeskus Oy(1.1%)


METSA-SERLA GROUP (THE) SF-00100 Helsinki Tel: +358-0-171-611 Telex: 124924 Telefax: +358-0-175141

Administrative Board: Gustaf Serlachius (Chairman), C H de la Chapelle, Heikki Haavisto, Lauri F Miethinen, Matti Puttonen, Peter Serlachius, Tor Stolpe, Mikko Wuoti

66

Management: Gustaf Serlachius (Chairman), Ebbe Sommar (President), Pekka Kivela (Public Relations), Asmo Kalpala (Finance), Risto Holstila (Executive Vice President), Tapani Kaila (Executive Vice President), Juha Tuominen (Senior Vice President), Martti Nupponen (Personnel), Jyrki Kettunen (Research and Development), Kari Ola (Economic Affairs), Touko Antola (Materials Management), Esko Partio (Energy), Maire Laakonen (Legal Affairs), Pehr-Eric Patt (Magazine Paper Division), Tino Kuula (Fine Paper Division), Matti Miikeliiinen (Paperboard Division), Olavi Nyberg (Foreign Packaging Division), Tor Nyholm (Domestic Packaging Division), Antti Pokki (Tissue Division), Juhani Sammasmaa (Chemicals Division), Veli-Matti Kinnunen (Sawn Timber Division), Juha Tuominen (Board Division), Pentti Ikavalko (Furniture and Building Materials Division)

PRINCIPAL ACTIVITIES: Paper, paperboard and packaging Subsidiary Companies: In Finland:- Cortex Oy; Jiirvenpiian

Kotelo Oy; Kotelokulma Oy; Kotelonokia Oy: Oy E Lindell Ab: Oy Metsii-Botnia Ab: Pahvinjaloste Oy; Rantasalmi Oy; Sammutin Oy; Takon Kotelotehdas Oy; Teknokela Oy. In other countries:- Carton pack SA, Greece; Evopan A/S; FlnCrepe A/S; Neopack A/S, Denmark; Finnforest GmbH, Germany; Finnforests Ltd; Serlachius (UK) Ltd; Stuart Edgar Ltd, UK; Serlachius Norge A/S, Norway; Tissu Canarias SA, Spain

Principal Bankers: The Union Bank of Finland, Citibank Financial Information: Metsii-Serla Group



MNK-RAKENNUSOSAKEYHTIO

1986 S'OOO

6,400,000 906,000

Tammelankatu 24, PL 487,SF-33101 Tampere 10 Tel: 931-559800 Telex: 22171

Chairman: Aarre Mattinen; Vice Chairman: K H Kiviniemi Directors: Matti Kyntiijii (Managing Director), Mikko Bergroth

(Administration), Jyrki Mattinen (Corporation Planning and Export), Raimo Marttila (Wood and Metal Industry)

Senior Executives: Antti Virkkunen (Helsinki Branch Office), Reino Tattari (Lappeenranta Branch Office), Jukka Siukonen (Tampere Branch Office), Olavi Mattila (Vaasa Branch Office), Matti Raukola (Laatuelementti, Division of Prefabrication)

PRINCIPAL ACTIVITIES: Real estate construction; industrial buildings; public buildings; trade centres; reconstruction; element production

Subsidiary Companies: Rakennusliike A Mattinen & A Niemela Ky; Matrac Oy; Mesvac Oy; Oy Commercial Services International CSI Ltd


Sales turnover


MOLNL YCKE, OY, AB Kornetinte 10, 00380 Helsinki 38

Tel: 90-553092 Telex: 12 22 22 molnl sf

1984 FMk'OOO 856,500

PRINCIPAL ACTIVITIES: Manufacture of textiles including disposables such as sanitary napkins and nappies


Sales turnover


FMk'OOO 260,000

MYLL YKOSKI OY 4680 Myllykoski Tel: 951-50111 Cable: Papmikouvola

PRINCIPAL ACTIVITIES: Production of chemical wood pulp and printing paper; mining interests


Sales turnover


NELES OY PL 6, 00881 Helsinki Tel: 90-75841 Cable: neles sf Telex: 121211 neles sf Telefax: 7584418

FMk'OOO 700,000

PRINCIPAL ACTIVITIES: Manufacture of fittings and valves; import of metal goods


Sales turnover


NESTE OY Keilaniemi, SF-02150 Espoo 15 Tel: +(358) 0 4501 Cable: neste sf Telex: 124641

31.12.85 FMk'OOO 650,000

31.12.86 FMk'OOO 501,000

Supervisory Board: Ulf Sundqvist (Chairman), Olavi Martikainen (Vice Chalrrnan), Carl Johan Adolfsson, Kaj Barlund, Olavi Hiinninen, Kauko Juhantalo, IIkka Kanerva, Per-Erik Lundh, Veikko Saarto, Erkkl Tuomioja, Mikko Vainio, Jaakko Valtanen, Taisto Turunen (Representative of the Ministry of Trade and Industry). Representatives of the Personnel: Antti Ijas, Heli Iso-Markku, Jaakko Kurkela, Veikko Lyhty, Vaino Alve (Deputy)

Board of Directors: Jaakko Ihamuotila (Chairman and Chief Executive), Heikki Tuominen (Vice Chairman), Kai Hietarinta (Vice Chairman and Deputy Chief Executive). Jouko K Leskinen (Corporate Vice President. Chemicals), Risto Nummila (Executive Vice President. Oil Refining). Jussi Rinta (Executive Vice President, Corporate Development and Technology)

Senior Executives: Raimo Roos (Corporate Vice President. Shipping). Martti Airamo (Corporate Vice President, Finance), Teuvo Varjas (Corporate Vice President, Personnel and Administration). Jorma Veikkolainen (Corporate Vice President, Legal Affairs) ,

PRINCIPAL ACTIVITIES: Oil and natural gas; chemicals; shipping

Subsidiary Companies: Celloplast USA Inc (62.6%) (USA); AIS Crystinol (Denmark); Elbak Batterie Werke GmbH (99.5%) (Austria); Etenforsorjning i Stenungsund AB (80%) (Sweden); Finncavern Ltd Oy; Kesoil Oy (49.9%); Accumulator-Fabriken Lyac A.S (Denmark); Lyac Hellas Ltd (99.7%) (Greece); Lyac Suomi Oy; Neste Battery Ltd Oy; Neste Chemicals GmbH (Germany); Neste Chemicals Handelsgesellschaft mbH (Austria); Neste Chemicals Italia Sri (Italy); Neste Chemicals SA (Switzerland); Neste Chemicals UK Ltd (UK); Neste Chimie France SA (France); Neste Coal Corporation (USA); Neste Coal Ltd (UK); Neste Exploration Ltd (UK); Neste Fiberkemi AIS (Norway); Neste Holding (USA) Inc (USA); Neste Kemi AB (Sweden); Neste Kemi AjS (Denmark); Neste Kjemi AIS (Norway); Neste Lampo Oy; Neste Norge AIS (Norway); Neste Nynas Voitelu Oy (60%); Neste Oil Inc (USA); Nestepalvelu Oy; Neste Petroleo (Portugal) SARL (Portugal); Neste Petroleum Inc (USA); Neste Petroleum Ltd (85%) (UK); Neste Petroleum (Products) Ltd (UK); Neste Sverige AB (Sweden); Neste Thermisol AB (51%) (Sweden); Neste (UK) Ltd (UK);

67

FINLAND Neste Voitelu Oy; Oil Shipping Oy; Pakkasakku Oy; Skandinaviska Polypropen AB (Sweden); Stocker Electrical Services Ltd (76%) (UK); Suomen Kitti Oy; Suomen Maakaasuenergia Oy; Suomen Polystyreeni Tehdas Oy; AB Syntes (Sweden); Syntes Norge AjS (Norway); Tehokaasu Oy; Akkumulatorfabrikken To-Mann ApS (Denmark); Triumph Akkumulatorenfabrik GmbH (Austria); Tudor AB (Sweden); Accumulatorenfabrik Tudor GmbH (Germany); Tudor Fastighets AG (Sweden); Tudor Hellenic-Swedish Mfg, Co Ltd (99.9%) (Greece); AB Tudor International (Sweden); Oy Unifos Ab; Unifos Kemi AB (Sweden); Oy Union-Import AB (45%); Oy Union-Yhtyma Ab (46.3%); Oy Kokonhalli Ab (60%); As Oy Kuusisaarenkuja 8; Asunto Oy Kuutoset; Kiinteisto Oy Peiponlehto; Kiinteisto Oy Suolaketi; As Oy Tornipolku 3; Oy Viheriainen; Asunto Oy Assa

Principal Bankers: Kansallis-Osake-Pankki; Manufacturers Hanover Trust Company; Morgan Guaranty Trust Co. of New York

Financial Information: Group figures

Sales turnover Profit before tax* Profit after tax Retained profit Dividends Share capital Shareholders equity *and reserves

31.12.84 FMk'OOO

32.214.015 726.525

70.645 302,000

18.000 203,210

1.013.822

31.12.85 FMk'OOO

35,251,171 633,221 125.399 286.000

20,000 325.700

1,055,285

Principal Shareholders: Finnish State (97.96%); Oy Alko Ab (1.89%); Imatran Voima Oy (0.15%)

No of Employees: 5,316 Neste Oy; 8.496 Group

NOKIA GROUP Mikonkatu 15 A, PO Box 226. SF-0010l Helsinki 10 Tel: +358-0-180 71 Cable: Nokiaco Telex: 124442 nokia sf

Supervisory Board: *Mika Tiivola (Chairman). * Jaakko Lassila (Vice Chairman). Edward Andersson. Carl-Olaf Homen. *Kari Kairamo (Chairman of the Board and Chief Executive Officer), Pentti Kouri, Kurt Swanljung. Pentti Talonen. *Member of the Executive Committee. Board of Directors: Kari Kairamo (Chairman of the Board and Chief Executive Officer), Timo H A Koski. Antti Lagerroos, Harry Mildh, Matti Nuutila, Simo Vuorilehto (President and Chief Operating Officer). Secretary: Harry Collin

Operating Board: Simo Vuorilehto (Chairman. President and Chief Operating Officer), Kari Haavisto (Controller). Kaarlo Isokallio (Nokia Information Systems), Heikki Koskinen (Salora-Luxor Group), Sven Laakso (Nokia Cables), Jorma Nieminen (Nokia Mobile Radio), Jorma Ollila (Finance). Sakari Salminen (Nokia Telecommunications), Janne Simelius (Nokia Paper). Matti Otala (Research and Development)

Corporate Staff: Seppo Ahonen (Corporate Planning), Kari Haavisto (Controller). Taavi Heinila (Legal Affairs). Jorma Ollila (Financing), Matti Saarinen (Communications), Lauri Stahlberg (Administration). Stefan Widomski (Exports). Viljo Hentinen (Research Centre). Divisions: Kaarlo Isokallio (Information Systems), Sakari Salminen (Telecommunications), Jorma Nieminen (Mobile Radio). Heikki Koskinen (Salora-Luxor). Sven Laakso (Cables), Matti Packalen (Machinery), Osmo Jalovaara (Engineering), Janne Simelius (Paper), Henry Tuderman (Chemicals). Raimo Tanttu (Rubber Industries), Seppo Karvonen (Plastics)

PRINCIPAL ACTIVITIES: Electronics industry; cables and metal industry; paper-related and chemical industry; rubber and plastics industry

Trade Names: Nokia PC. Nokia PC net, Nokia VDU, Talkman, Salora, Luxor, Noky. Gemo. Dixcel, Jumbo, Comfie, Rollster, Hakkapeliitta, Logger. Tuura, Topi, Eskimo, Puma, Sako, Tikka

FINLAND Parent Company: Nokia Corporation Subsidiary Companies: Finnish Group Companies:- Elek-Tuote

Oy; Oy Ferrado Ab; Hatanpaan Teollisuustalo Oy; Idman Ltd; Insele Oy; Oy Jaromet Ab; Kolsi Oy; Oy Kontram Ab; Kumijaloste Oy; Lauri Kuokkanen Oy; Luxor Oy; Micronas Inc; Mobira Oy; Oy Nordic Trading Company Ab; Pirkterra Oy; Salora Oy; Suomen Parketti Oy: Telenokia Ltd; Sahkbliikkeiden Oy. Foreign Group Companies:- British Tissues Ltd (UK); BT Finance Ltd (Jersey); Gamo SARL (France); Holmsund Golv AB (Sweden); Hygia-France SARL (France); Kabmatik AB (Sweden); Luxor AB (Sweden); Luxor Elektronik Danmark A/S (Denmark); Luxor Norge A/S (Norway); Luxor (UK) Ltd (UK); Monette Kabel-und Elektrowerk GmbH (Germany); Nokia AB (Sweden); Nokia A/S . (Norway); Nokia (Deutschland) GmbH (Germany); Nokia GmbH (Switzerland); Nokia-Kinex Corporation (USA); Nokia Information Systems A/S (Norway); Nokia International AG (Switzerland); Nokia Ltd (Eire); Nokia Norge A/S (Norway); Nokia Norsk Traktorkompani A/S (Norway); Nokia Products Ltd (Canada); Nokia (UK) Ltd (UK); Pacific Roller Die Co Inc (USA); Plastbolaget i Vadstena AB (Sweden); Salora AB (Sweden); Salora A/S (Denmark); Salora GmbH (Germany); Salora Italia SpA (Italy); Salora Norge A/S (Norway); Saver SA (France); Sodipan-Nokia SA (France); Sodipan-Transformation SARL (France); Sotralose SARL (France); Tandy Mobira Communications Corp (Republic of Korea); Typlan AG (Switzerland); Tiirkkablo A.O. (Turkey)

Principal Bankers: Union Bank of Finland Ltd; Kansallis-OsakePankki


Sales turnover 9,360,000 11,020,000 Profit before tax 174,000 468,000 Profit after tax 86,000 360,000 Retained profit 101,700 408.500 Dividends 53,200 79,400 Dividends per share 9.89FMk 14.00FMk Earnings per share 28.05FMk 59.57FMk Share capital 695,000 695,000 Shareholders funds 3,720,000 4,235,000

Principal Shareholders: Quantum Overseas NV (7.8%); Pension Fund of Kansallis-Osake-Pankki (7.2%); Pension Fund of Union Bank of Finland (6.3%); Pohjola Insurance Company Ltd (6.2%); Union Bank of Finland Ltd (4.7%); KymmeneStromberg Corporation (3.4%); Pomi Oy (2.7%); Industrial Mutual Insurance Company (2.4%); Society of Swedish Literature in Finland (2.3%); Hollming Oy (2.1%)

No of Employees: 27,619 (Group), 15,864 (Parent Company)

OK-LlHA, KESKUSKUNTA, PL 18, 00501 Helsinki 50 Tel: 90-750051 Telex: 12-4504 meats sf

Board of Directors: Professor Pekka Koivistoinen Management: Eero Kolamo (Managing Director) Senior Executives: Lauri Ruotsalainen (Finance), Martti Knuuttila

(Exports), Kyosti Peltola (Agriculture)

PRINCIPAL ACTIVITIES: Food manufacture including meat products and deep frozen foods

Subsidiary Companies: Lihakolmio Oy; Makkarakolmio Oy; Pohjanmaan Teurastamo Oy; Teollisuusliha Oy


Sales turnover Profit before tax Profit after tax Dividends Dividends per share Share capital


31.12.84 FMk'OOO

1,304,000 2,900

100 400 8%

5,800

68

OKOBANK Osuuspankkien Keskuspankki Oy Arkadiankatu 23, 00100 Helsinki 10 Tel: +358 0 4041 Cable: OKOBANK Helsinki Telex: 124714 okohe sf

Board of Management: Pauli Komi (Chairman and Chief Executive), Matti Liukkonen (Managing Director), Seppo Kylmanen (Deputy Managing Director), Erkki Vartiainen (Real Estate, Investment and Securities), Jouko Ripatti (Private Banking), Taisto Joensuu (Administration), Olli Puntlla (Enterprises and Public Corporations), Arhi Palosuo (International), Raimo Tammilehto (Agriculture and Forestry)

Senior Executives: Virpi Kumlander (Treasury Department)

PRINCIPAL ACTIVITIES: Commercial bank; central bank for coop banks

Subsidiary Companies: Land and Industrial Mortgage Bank Ltd; Rahoituskeskus Oy - Finance Centre Ltd, Finland

Principal Bankers: All principal banks Financial Information: Consolidated Balance Sheet

31.12.84 FMk'OOO

Profit after tax Share capital Deposits Total assets

35,000 395,000

7,450,000 16,294,000

Principal Shareholders: The Finnish Cooperative Banks No of Employees: 11,000 (Worldwide)

OMP-YHTYMA OY PL 102, 90501 Oulu 50 Tel: 981-341322 Telex: 32324


Sales turnover


ONNINEN OY Mittalinja 1, 01260 Vantaa Tel: Int. +358-0-87601 Cable: Vesionninen Helsinki Telex: 121206 Telefax: +358 0 8760 400

FMk'OOO 430,000

Board of Directors: Anja Toivanen (Chairman), E J Toivanen (President), Harry Toivio

Management: E J Toivanen (President), Juhani Kujala (Executive Vice President)

PRINCIPAL ACTIVITIES: Trade in sanitary appliances, air conditioning equipment and electrical goods; electrical contracting and industrial engineering


Sales turnover


ORAS OY PL 40,26101 Rauma 10 Tel: 938-3161 Cable: Orasarma Telex: 65128 oras sf Telefax: 224317

30.9.84 FMk'OOO

1,391,600

30.9.85 FMk'OOO

1,504,300

PRINCIPAL ACTIVITIES: Manufacture of metal products including valves, sanitary fittings including taps and showers, bathroom accessories

Fmanciallnformation:

Sales turnover


ORION-YHTYMA OY

Orion Corporation Ltd

1985 FMk'OOO 272,000

Saunatonuntie 1, PO Box 65, SF-02101 Espoo Tel: +-358-0-4291 Telex: 1?4721 ORION SF Telefax: +358-0-4293815

1986 FMk'OOO 310,000

Board of Directors: Antti Potila (Chairman), Juhani Kirpila (ViceChairman), Viljo Antila (Managing Director), Matti Kavetvuo (President, Cheif Executive Officer of the Orion Group), Aatto Prihti, Ylermi Rauhamaa, Reino Salonen

Central Administration: Matti Kavetvuo (President and Chief Executive Officer), Pauli Torkko (Executive Vice President Finance and Administration), Timo Halttunen (Corporate Planning), Laura Pesonen (Accounting), Ulla Pihlstrom (Finance), Heikki Salo (Internal Auditor), Henry Haarla (General Counsel), Timo S Kylliainen (Legal Counsel), Keijo Kajander (Vice President Corporate PR and Personnel), Matti Kuula (Personnel), Riitta Kivikoski (Information), Pekka Vaissi (Farming)

Managerial Staff: Health Care:- Orion Pharmaceutica Division: Olavi Larma (President), Jukka Hyppola (Senior Vice President Foreign and Veterinary Operations), Tuure Lahti (CMEA Area), Kalevi Reijonen (Western Countries), Bo Creutzer (Sweden), Ove Hansson (Denmark), Asko Noponen (Project Exports), Kauko Kauppinen (Veterinary Operations), Mauno Kossila (Vice President Marketing of Ethical Pharmaceuticals), Jorma Pylkkanen (Vice President Marketing of OTC-products), Matti Lievonen (Vice President Licencing, Purchasing, Quality Assurance), Paavo Merisalo (Purchasing), Aarno Salminen (Quality Assurance), Antti Keranen (Vice President Research and Development), Pasi Salokangas (Vice President Manufacturing), Matti Huurinainen (Vice President, Controller). Fermion Division: Mikko Maijala (President), Tapani Pyysalo (Vice President Product Development), Pertti Itkonen (Vice President Marketing), Lars-Olof Thoden (Vice President Purchasing), Bjorn Lax (Vice President Chemion), Jukka Aakula (Vice President Controller). Orion Diagnostica Division: Olli Karkkila (President), Aimo Niskanen (Vice President Product Development), Olli Tuomaala (Vice President Marketing), Cliff Novgrad (Vice President Medical Technology Corporation), Lars Lundin (Vice President Orion Diagnostica AB), Matti Vaheri (Vice President Manufacturing), Timo Raines (Vice President Quality Assurance and Regulatory Affairs), Markku Tilus (Vice PreSident, Controller). Oriola Division: Matti Eestila (President), Seppo Morri (Senior Vice President Pharmaceutical Wholesale Sector), Pentti Hyvonen (Senior Vice President Medical and Technical Sector), Timo Ahman (Hospital, Prolab and Optical Department), Anita Widing (Kuulolaitekeskus), Pentti Hyvonen (Medion), Pauli Karasvaara (Graphics Department). Dental Care and X-ray Sector: Jussi-Pekka Inkovaara (Hammasvaline and Finndent), Vesa Ekroos (Soredex). Jouko Seppala (Vice President, Controller). Food Industry:- Chymos Division: Ossa Drews (Pmsidllnt). [sko Hakala (Vice President Confectionery Works), Markku Tolonen (Vice PreSident Preserves Factory), Seppo Ovaska (Vice President Wine and Liqueurs Works), Jyrki Norkko (Vice President Chymos AB), Pentti Suomalainen (Vice President Manufacturing), Ahti Kelo (Vice President Purchasing), Juhani Kurko (Vice PreSident, Controller). Cosmetics and TOiletries:- Noiro Division: Asko Perisalo (President Marketing), Klaus Karell (Vice President Personal Care and Household Products), Ulla Jokinen (Vice President Cosmetics), Jouko Heinonen (Hairdressing Products), Timo Nakki (Vice President Institutional Cleaning Products), Juha Suikkanen (Manufacturing), Eila Kaipiainen (Vice PreSident Personnel and Purchasing), Ulla Oila-Perisalo (Vice President

69

FINLAND Product Development), Pekka Rautala (Vice President Controller). Heavy Engineering:- Normet Division: Seppo Kovalainen (President), Martti Tuuminen (Senior Vice President Mining Equipment Sector), Pertti Pitkiinen (Controller)

PRINCIPAL ACTIVITIES: The Group's main business segments are health care, the food industry, cosmetics, toiletries and detergents as well as heavy engineering. The main emphasis in operations is on the health sector with the development, manufacture and marketing of products for the prevention, diagnosis and treatment of diseases

Subsidiary Companies: (100% owned unless stated): Chymos AB (Sweden): Interorion Ag (SWitzerland): Kemiansalpa Oy: Kiinteist6 Oy Kangaslammen Rautalava (54.16%): Kiinteisto Oy Kapseli (99.93%): Kiinteisto Oy Nilsiankatu 10 (70.39%): Kiinteisto Oy Pilleri; Kiinteisto Oy Vastanhiill: Medical Technology Corporation (USA); Neofarma Oy (87.5%); Normet SA (99.95%) (France); Oriola Oy; Orion Diagnostica Ab (86.61%) (Sweden); Suomalainen Oy Produits du Dr N.G. Payol (90%); Fermion Pharma GmbH (West Germany): Orion Diagnostica GmbH (98%) (West Germany); Sailyketehdas Chymos Oy ja K:nit Ky

Principal Bankers: Kansallis-Osake-Pankki Financial Information: Group figures

Sales turnover net Profit before appropriations Group profit for the year Dividends Share capital Shareholders equity


31.12.84 FMk'OOO

1,589,728 75,000 50,207 17,000

100,000 212,190

OSUUSKAUPPA TUOTANTO See TUOTANTO, OSUUSKAUPPA,

OSUUSKAUPPA YMPARISTO See YMPARISTO, OSUUSKAUPPA,

OSUUSKUNTA ITIKKA See ITIKKA, OSUUSKUNTA,

OSUUSKUNTA MAITOJALOSTE See MAITOJALOSTE, OSUUSKUNTA,

OSUUSKUNTA TUOTTAJAIN MAITO See TUOTTAJAIN MAITO, OSUUSKUNTA,

OSUUSLlIKE ELANTO See ELANTO, OSUUSLlIKE,

OSUUSTEURASTAMO KARJAPORTTI See KARJAPORTTI, OSUUSTEURASTAMO,

OTAVA, KUSTANNUSOSAKEYHTIO, Uudenmaankatu 10, 00120 Helsinki 12 Tel: 90-647022 Cable: Otava Helsinki Telex: 124560 olava sf

31.12.85 FMk'OOO

1,857,606 212,000

50,913 19,000

100,000 270,862

PRINCIPAL ACTIVITIES: Printing and publishing of books and periodicals




OTTO WUORIO OY See WUORIO, OTTO, OY

1984 FMk'OOO 305,151

3,760 3,024

1985 FMk'OOO 332,225

7,035 5,993

FINLAND

OULU OV PL 196, 90101 Oulu 10 Tel: Int + 358 81 221411 Cable: Ouluyhtio Telex: 32125 oulpk sf 32138 oulns sf

Management: Rauno Hakkila (Managing Director) Senior Executives: Kauko Seppala, Juhani Lares, Esko

Olkinuora

PRINCIPAL ACTIVITIES: Manufacture of chemical wood pulp; chemicals; joinery products including doors, windows; timber goods; ship owning

Principal Bankers: KOP, PSP Financial Information:

Sales turnover (Loss) after tax Share capital Shareholders funds

31.12.84 FMk'OOO 954,046

(1,847) 120,000 164,522

Principal Shareholders: Kajaani Oy; Veitsiluoto Oy; Suomen Pankki


OUTOKUMPU OV Toolonkatu 4, PO Box 280, SF-00101 Helsinki 10 Tel: +358 0 4031 Cable: Kumpu Helsinki Telex: 124441 okhi sf Telefax: (90) 403 2560

Board of Directors: Pertti Voutilainen (Chairman and President), Jorma Hakkarainen (Vice President), Veikko Lehtinen, Olavi Siltari, Ossi Virolainen, Risto Virrankoski

Management: Pertti Voutilainen (President), Jorma Hakkarainen (Vice President)

PRINCIPAL ACTIVITIES: Ore prospecting, mining, smelting and refining of metals; metal working; design, manufacture and marketing of processes, control systems, manufacture of complete plants, instruments, equipment and automation systems for the mining and metallurgical industry; sale of licences and technical know how; research and development in the area of the mining and metallurgical industry

Subsidiary Companies: Subsidiaries of the Domestic Mining Division: Tietokumpu Oy (70%); A/S Bidjovagge Gruber; Outokumpu Mines Ltd; Viscaria AB; Tara Mines Ltd. Subsidiaries of the Copper Products Sector: The Nippert Company (95%); Valleycast Inc; Granges Metallverken BV; Metallverken Inc. Subsidiaries of the Electronics Division: Okmetic Oy (83%); Princeton Gamma-Tech Inc. Subsidiaries of the Industrial Equipment Division: Rammer Oy; Outokumpu Equipamentos Industriais e Participacoes Ltda; Outokumpu Engineering Inc; Outokumpu Equipment Canada Ltd; Outokumpu Mexicana SA de CV (minority shareholding in 1984) (96%); Granite Industry: Oy Suomen KiviteollisuusFinska Stenindustri Ab; Nord-Granit Vertriebs GmbH. Metal Marketing Companies: Outokumpu Benelux BV; Outokumpu Danmark A/S; Outokumpu Deutschland GmbH & Co; Outokumpu France SA; Outokumpu Italia SrL; Outokumpu Metals (USA) Inc; Outokumpu Norge A/S; Outokumpu (Schweiz) AG; Outokumpu (UK) Ltd

Principal Bankers: Kansallis-Osake-Pankki; Postisaastopankki; Suomen Yhdyspankki

Financial Information: Consolidated figures 31.12.84 FMk'OOO

Gross sales Turnover Profit before tax Profit after tax Dividends Share capital Shareholders equity

4,778,700 4,602,300

449,000 40,200 11,300

419,000 420,300

31.12.85 FMk'OOO

5,289,700 5,061,000

354,500 97,200 30,100

450,000 453,200

70

Principal Shareholders: The Finnish State (81 %); The Social Insurance Institution (19%)


OVAKO OV-AB Bulevardi 7, Box 790, 00101 Helsinki 10 Tel: 90-61621 Telex: 12747 ovah sf

Management: Esko I Laitinen (Managing Director)

PRINCIPAL ACTIVITIES: Iron and steel industry; manufacture and export of speCial steels, commercial steels, construction steels, steel billets and pig iron, nails, net, leaf springs, coil springs, chains, reinforcement structures


Sales turnover


OV AGA AB See AGA, OY, AB

OV ALGOL AB See ALGOL, OY, AB

OV ELECTROLUX AB See ELECTROLUX, OY, AB

OV ESSO AB See ESSO, OY, AB

OV FINLA VSON AB See FINLAYSON, OY, AB

OV FORD AB See FORD, OY, AB

OV G W SOHLBERG AB GROUP See SOHLBERG, OY G W, AB GROUP

OV GUSTAV PAULIG AB See PAULlG, OY GUSTAV, AB

OV HACKMAN AB See HACKMAN, OY, AB

OV HARTWALL AB See HARTWALL, OY, AB

OV HUBER AB See HUBER, OY, AB

31.12.84 FMk'OOO

1,258,348

OV INTERNATIONAL BUSINESS MACHINES AB See INTERNATIONAL BUSINESS MACHINES, OY, AB

OV JULIUS TALLBERG AB See TALLBERG, OY JULIUS, AB

OV KARL FAZER AB See FAZER, OY KARL, AB

OV KASVIOLJV-VAXTOLJE AB See KASVIOLJY-VAXTOLJE, OY, AB

OV KEPPO AB See KEPPO, OY, AB

OV KONTINO AB See KONTINO, OY, AB

OV KVRO AB See KYRO, OY, AB

OV L M ERICSSON AB See ERICSSON, OY L M, AB

OV MERCANTILE AB See MERCANTILE, OY, AB

OV MOLNL VCKE AB See MOLNL YCKE, OY, AB

OV PARTEK AB See PARTEK, OY, AB

OV PHILIPS AB See PHILIPS, OY, AB

OV RENLUND AB SeeRENLUND,OY,AB

OV SAAB-VALMET AB See SAAB-VALMET, OY, AB

OV SCAN-AUTO AB See SCAN-AUTO, OY, AB

OY SHELL AB See SHELL, OY, AB

OY SINEBRYCHOFF AB See SINEBRYCHOFF, OY, AB

OY STOCKMANN AB See STOCKMANN, OY, AB

OY TEBOIL AB See TEBOIL, OY, AB

OV UNION-OLJY AB See UNION-bLJY, OY, AB

OV VEHO AB See VEHO, OY, AB

OY WARTSILA AB See WARTSILA, OY, AB

OY WILH SCHAUMAN AB See SCHAUMAN, OY WILH, AS

OY YLEISRADIO AB See YLEISRADIO, OY, AB

PALKKI-YHTIOT PL 8, 00101 Helsinki Tel: 90-649901 Telex: 121432 palco sf


Sales turnover


PALOHEIMO OY PL 188, 11101 Riihimaki 10 Tel: 914-7171

1984 FMk'OOO 392,000

1985 FMk'OOO 413,700

Telex: 15294 POY SF (Head Office); 15244 HGB SF (Sawmill); 15296 POY WO SF (Wood Processing)

71

FINLAND Management: Pekka Sillanpaa (Managing Director)

Senior Executives: Arvi Paloheimo (General Manager)

PRINCIPAL ACTIVITIES: Timber industry; manufacture of sawn wood products; parquet flooring, wooden shelves, prefabricated wooden houses; brick industry; power plant (electricity and heat)

Parent Company: H G Paloheimo Osakeyhtio

Subsidiary Companies: Paloheimo BV (Netherlands); Saastamoinen OY; IIvesvilia Oy

Principal Bankers: Kansallis-Osake-Pankki


Sales turnover

Share capital

Shareholders funds


PARTEK,OY,AB

31.12.84

FMk'OOO

343,700

2,400

7,400

Munksnas allen 25, SF-00330 Helsingfors

Tel: +358 0 45881

Cable: Partek

Telex: 124516 pkhki sf

31.12.85

FMk'OOO

386,400

2,400

8,400

Board of Directors: Carl Olof Tallgren (Chairman), Sakari T Lehto (Vice Chairman), Hans J Bjornberg, Roll Ehrnrooth, Nils G Grotenfelt, Kauko Kaasila, Antti Kataja, Thor Bjorn Lundqvist, Christolfer Taxell

Management: Hans J Bjornberg (President and Chief Executive Officer), Bjorn Mattsson (Senior Executive Vice President), Seppo Sipola (Senior Executive Vice President), Carl-Gustaf Bergstrom (Senior Executive Vice President)

PRINCIPAL ACTIVITIES: Building materials and building equipment, transport equipment and components, engineering

Subsidiary Companies: Aste-Ura Oy; Bilindustri i Blidsberg AB (Sweden); Candor Oy; Cellit Oy; Dy-Core Systems Inc (Canada); Dy-Core Systems Ireland ltd (Eire); Eri Oy; ERPRakenne Oy; Oy Filter Ab; Filter-Plan Oy; Flowdeck Oy; AB Forshaga Mekaniska Verkstad (Sweden); Oy Galvatek Ab; Hiab Center SRI (Italy); Hiab Cranes & Loaders Inc (USA); Hiab Export AfS (Denmark); Hiab-Foco AfS (Norway); HiabFoco do Brasil Repr ltda (Brazil); Hiab-Foco GmbH (Germany); Hiab-Foco Holding BV (Netherlands); Hiab-Foco SA (France); Hiab-Foco SA/NY (Belgium); Hiab-Foco Svenska Forsaljnings AB (Sweden); Hiab KK (Japan); Hiab-Multilift Oy; Hiab-Valman SA (Spain); Holtek BV (Netherlands); Huth Safematic GmbH (Germany); Oy Imporex Ab; Isora Oy (59%); Jungers Oy; Jungers Verkstads Ab (Sweden); Jaameren Betoni Oy; Kajaanin Betoni Oy; Keimolan Kaivin Oy; Kemiska AB Candor (Sweden); Lannen Betoni Oy (66.7%); Multilift GmbH & Co (Germany); Multilift ltd (90%) (UK); Norba AB (Sweden); Norba A/S (Denmark); Norba Oy; Oy Nummi Ab; Partek GmbH (Germany); Partek Finnelematic GmbH (Germany); Partek Hoganas Byggkeramik (Sweden); Partek Hoganas Byggekeramikk A/S (Norway); Partek Hoganas Bygningskeramik A/S (Denmark); Partek Hoganas International NV (Belgium); Partek Insulations ltd (Canada); Partek Sverige Ab (Sweden); Pohjanmaan Sora Oy; Rajaville Oy (60%); Oy Safematic ltd; Safematic AB (Sweden); Oy Scanpol Ab (70%); Oy Semtrans Ab; Velj Sintonen (67.5%); Oy Synton ltd; Techimex (Belgium); Teknolrade Oy; Tiiliyhtyma Oy (73.3%); Ins tslo Valmisosarakenne Oy; Vammalan Solupolystyreenitehdas Oy (25%); Velonile Inc (USA); AB Assa (Sweden):

Principal Bankers: Bank of Helsinki; Kansallis-Osake-Pankki; Union Bank of Finland


Sales turnover Profit before tax Profit after tax· Retained profit Dividends Dividends per share Earnings per share Share capital Shareholders funds ·payable

28.2.85 FMk'Ooo

2,524,000 228,300 188,400 163,100 25,300

11.ooFMk 58.90FMk

250,000 1,728,400

28.2.86 FMk'OOO

3,705,000 321,500 282,800 252,800 30,000

12.00FMk 78.20FMk

250,000 1,852,700

Principal Shareholders: Myllykoski Oy, Group (9.4%); Oy Rettig Ab, Group (9.3%); Stiftelsen for Abo Akademi (8.7%); Keskinainen Vakuutusyhtio Sampo (3.8%)


PAULlG, OY GUSTAV, AS liIuodonkuja 2, POB 15, 00981 Helsinki 81 Tel: 90-31981 cable: gustavpaulig Telex: 12-1248 paula sf

Chairman: Jarl Engblom Directors: Rafael Wolontis (Managing Director) Senior Executives: BoriS Westerlund, Bertel Paulig

PRINCIPAL ACTIVITIES: Production and marketing of coffee, tea, spices, frozen vegetables, berries, fish, food, ice cream

Subsidiary Companies: Ky Borje Norrgard Kb; Vaseco Oy Principal Bankers: Union Bank of Finland Financial Information:

1985 FMk'OOO

Sales turnover 945,833 Profit before tax 21,235 Profit after tax 8,187 Dividends 8,184 Share capital 66,960 Shareholders equity 129,808

Principal Shareholders: About 30 private individuals No of Employees: 600

1986 FMk'ooO 914,793

15,466 7,994 8,184

66,960 138,062

PENSION-VARMA, MUTUAL INSURANCE COMPANY PO Box 175, SF-00121 Helsinki Tel: +358 0 61 651 Telex: 125415 elvar sf Telefax: 6165714

Board: C E Carlson (Chairman), Matti Pekkanen (Vice Chairman), Martti Kemppi, Pekka Merenheimo, antero Maki, Tenho Olin, Pentti Somerto, Pentti Uusivirta, Juhani Kolehmainen, Asko Tanskanen. Deputy Members: Lasse Laatunen, Tuulikki Valiniemi, Voitto lsomaki, Ralf Lehtonen

Directors: Juhani Kolehmainen (Managing Director), Asko Tanskanen (Deputy Managing Director), Ralf Lehtonen (Deputy Managing Director), Voitto Isomaki (Director), Reijo Kaivo-oja (Director), Tapani Koski (Director), Jorma Leinonen (Actuary, Director), Jorma Luostarinen (Assistant Director)

Senior Executives: Osmo Rinne (Pension Department), Markku Parviainen (Contact Department), Pekka Hemmo (Juridical Department), Helvi Leinonen (Insurance Department), Ulla Kangas (Account Department), Taisto Lassila (Actuarial Department), Heikki Malin (Information Department), Risto Hermunen (Investment Department), Juhani Salmia (Development Department), Antti Vuorinen (Administration Department), Lars Bergstrom (Project Director), Jyrki Jussila (Financial Manager)

PRINCIPAL ACTIVITIES: Pension and life insurance Trade Names: PENSION-VARMA (in English), ELAKE~VARMA

(in Finnish), PENSIONS-VARMA (in Swedish)

72

Jointly Owned Companies: Elakepalvelu Oy-Pensionservice Ab; Kiinteistovarma Oy; Oy Elakesysteemi Ab


Premium income Investment income Profit before tax Profit after tax Guarantee capital


PERUSYHTYMA OY Maistraatinportti 2, 00240 Helsinki Tel: Inti +358-0-159 41 cable: pera Telex: 124767 pera sf Telefax: Inti +358-0-140 284

31.12.84 FMk'ooo

1,909,698 908,432

6,672 1,652

25,000

31.12.85 FMk'OOO

2,611,998 1,167,964

8,314 2,075

25,000

Supervisory Board: Jaakko Lassila (Chairman), Pertti Paloheimo (Vice Chairman), Erkki Ahola, Matti AIi-Melkkila, Heikki Haavisto, Gustav von Hertzen, Teemu Hiltunen, Ahti Hirvonen, Matti Hurme, Olavi Jaakkola, P W Jokinen, K K Kankaanranta, Antti Kataja, Pauli Komi, Kauko Salovaara, Samuli Suomela, Jukka Syrjanen, Pentti Talonen, Mika Tiivola, Reino Uronen

Board of Directors: Pertti Paloheimo, Kauko Maijala (President of Perusyhtyma Group), Reino Erma (Professor), Asmo Kalpala (M.B.A.), Teppo Taberman .

Vice Presidents: Mikko Sillanpaa (First Vice President), IIpo Kokkila, Juha Silvanto, Alvar Ahti, Heikki Koivu, Yrjo Arola (Mechanical Engineering Industry), Helmer Lundstrom (Administration), Jaakko Makynen (Finance)

PRINCIPAL ACTIVITIES: Building works, construction for industry, mechanical engineering industry

Subsidiary Companies: YIT Oy; Makrotalo Oy; Valon Kone Oy; Pohjansepot Oy; Rakennusvoima Oy; Otto Wuorio Oy; Arvo Westerlund Oy

PrinCipal Bankers: Kansallis-Osake-Pankki Financial Information:

Group sales turnover gross Group sales turnover net Profit (loss) after tax Share capital Shareholders equity

30.12.84 FMk'OOO

4,561,575 4,436,893

3,893 108,000 187,700

30.12.85 FMk'Ooo

6,327,000 5,775,599

(13,780) 121,750 268,200

Principal Shareholders: Banks (34.6%); Insurance Companies (43.5%); State of Finland and Municipalities (11.3%); Industrial and Business Enterprises (8%)

No of Employees: 4,498 Company, 14,914 Group

PHILIPS, OY, AS Kaivokatu 8, PL 255, 00101 Helsinki 10

Tel: 90-17271 Cable: Philips Telex: 124811 PHIL SF

Chairman: Hiltjo Bos Directors: Lasse Pelkonen (Managing Director)

PRINCIPAL ACTIVITIES: Import and trade in lamps, radios, televisions, home appliances, Hi-Fi equipment, stereos, components, electroniC measuring instruments, data systems and other electrical goods

Trade Names: PHILIPS, MARANTZ Parent Company: NV Philips Gloeilampenfabrieken Subsidiary Companies: Oy Fenno-Radio AB Principal Bankers: Union Bank of Finland; Kansallis-Osake

Pankki


31.12.84 31.12.85 FMk'OOO FMk'OOO

Sales turnover 504,009 573,555 Profit before tax 4,100 1,800 Profit after tax 3,246 144 Retained profit 5,992 8,992 Dividends 3,000 6,000 Dividends per share 1FMk 2FMk Share capital 30,000 30,000 Shareholders funds 13,004 10,249

Principal Shareholders: NV Philips Gloeilampenfabrieken (75%); Philips Norden AB, Stockholm (25%)


POHJANMAA OY PL 20, 90521 Oulu Tel: 981-344344 Telex: 32156

Telefax: 931-343 160

Management: Paavo Siurua (Managing Director)

PRINCIPAL ACTIVITIES: General wholesale and trade Financial Information:

Sales turnover Retained profit Dividends Dividends per share Share capital

Shareholders funds


31.12.86 FMk'OOO

2,384,956 5,280

848 1.60FMk

8,500

17,810

POHJOLA INSURANCE COMPANY L TO Lapinmaentie 1, 00300 Helsinki 30 Tel: (358-0) 5591 Telex: 124556

Supervisory Board: Pentti Herkama (Chairman) Board of Directors: Pentti Talonen (Chairman), Pentti SeppAla

(Managing Director), Jyrkki Hagglund, Lauri Koivusalo (Investments), Jaakko Lassila, Yrjo Niskanen, Almo Y Narakka, Kari Pellikka (Reinsurance), Juhani Salminen

PRINCIPAL ACTIVITIES: All classes of non-life insurance, reinsurance (parent company), pension insurance, life insurance (subsidiary/associated companies)

Trade Names: The Pohjola Group

Subsidiary/Associated Companies: Domestic Subsidiaries:Eurooppalainen Insurance Company Limited; IImarinen Pension Insurance Company Ltd; Northclaims Ltd; Finnish Insurance Services Ltd; Several real estate companies. Foreign Subsidiaries:- Pohjola Insurance Company (U.K.) Ltd; Pohjola America Reinsurance Co; Moorgate Insurance (Nominees) Ltd. Insurance Associates:- Suomi-Salama Mutual Life Assurance Co (100% of guarantee capital); The Finnish Marine Insurance Co Ltd (37%); Otso Loss of Profits Insurance Co Ltd (25%); The First New York Syndicate Corp (6.3%); Hudson Life Reassurance Corp (5.3%); Hudson Reinsurance Co Ltd (10%) (Bermuda); ICS Reinsurance (Private) Ltd (16.8%) (Singapore); Rhein Riickversicherung AG (5%) (Switzerland); United Reinsurance Corporation of New York (40%) (USA) and participations of under 50% in a large number of non-insurance associates in Finland and other countries

Principal Bankers: Kansallis-Osake-Pankki; Union Bank of Finland Ltd

73

FINLAND Financial Information: Group figures

31.12.84(1) FMk'OOO

Premium income Investment income(2) Profit before tax(3) Profit after tax(3) Retained profit(3) Dividends Dividends per share Income per share(4) Share capital Shareholders equity(5) (l)including limarinen

Pension Insurance Co Ltd since 1.1.84

(2)including realised gains (3)statutory (4)before changes in untaxed

reserves per share (5)untaxed reserves and

unrealised appreciation, excluding minority interest

4,061,772 1,323,236

58,449 29,764 49,429 22,176

0.90FMk 3.21FMk 123,200

2,848,275

31.12.85(1 ) FMk'OOO

4,983,930 1,510,185

73,827 21,774 48,835 22,176

0.90FMk 3.24FMk 123,200

3,046,384

Principal Shareholders: Suomi-Salama Mutual Life Assurance Company (32.9%); Kansallis-Osake-Pankki and KansallisOsake-Pankki's Pension Foundation (14.3%); Union Bank of Finland Ltd, Union Bank of Finland's Pension Foundation and Union Bank of Finland's Pension Fund (4.3%); Tukkukauppojen Oy and Tuko's Officers' Pension Fund Foundation (3.9%)


POHJOLAN VOIMA OY Isokatu 14, PL 239, 90101 Oulu Tel: 981-224466 Telex: 32250 povoi sf

Board of Directors: Jouko Sere (Chairman), Pentti 0 Rautalahti (Managing Director, Vice Chairman), Juhani Ahava (Managing Director), Rauno Hakkila (Managing Director), Ingmar Haggblom (Deputy Managing Director), Ossi Koskipuro, Pekka Laine (Managing Director), Yrjo Pessi (President), Antti Ormala (Director)

Managing Director: Antti Koivuniemi Executive Team: Antti Koivuniemi (Managing Director), Matti

Koivisto (Director of Financial Department), Timo Rajala (Director of Operating Department), Timo Vilinamo (Director of Technical Department). Pentti Savolainen (Director of General Department). K Koukkari (Secretary of the Executive Team)


Subsidiary Companies: Ouko Oy (61%); Kiint. Oy VOimalinja Fastighets Ab (100%)


31.12.84 31.12.85 FMk'OOO FMk'OOO

Sales turnover 603,998 685,326 Profit (loss) before tax (426) 223 (Loss) after tax (6,864) (9.798) Share capital 68,508 68,508 Shareholders equity 68,593 368,593

Principal Shareholders: Rauma-Repola Oy (14.096%); Yhtyneet Paperitehtaat Oy (14.096); Veitsiluoto Oy (13.664%); KymiStromberg Oy (13.664%); Kajaani Oy (13.096%); Oulu Oy (11.262%); Kemira Oy (9%); Tervakoski Oy (5.967%); Kemi Oy (2.893%); Etala-Pohjanmaan Voima Oy (2.262%)


POLAR CONSTRUCTION COMPANIES Asemapaallikonkatu 12 B, 00520 Helsinki 52 Tel: 358-0-140811 Telex: 123270 porak sf

FINLAND Management Board: Kauko Rastas (Managing Director), Simo

Schultz (Deputy Managing Director), Aarne Ahtiainen (Manager), Esko Antikainen (Manager), Eero Jussila (Manager), Heikki Hypp6nen (Assistant Manager, Finance), Markku Sarkamies (Assistant Manager, Administration)

Senior Executives: Mauri Juote (Assistant Manager, Sales), Ritmo Laine (Assistant Manager, Profit Centre Manager), Maire Litzen (Office Manager), Kauko Poyhii (Assistant Manager), Matti Schultz (Construction Manager), Tapani Toikka (Kouvola Regional Office Manager), Risto Vii-Rautio (Assistant Manager)

PRINCIPAL ACTIVITIES: Building contractors Subsidiary/Associated Companies: Finn-Stroi (19%); I-Laite Oy

(50%); Lounais-Limpo Oy (50%); Maansiirto Heinonen Oy (33.3%); Sihkolihteenmiiki (26.7%); Ahti-rakennus Oy; Insinoorityo Oy; Vesi-insinoorit Oy; S Kujala Oy; Wert-Bau GmbH, (West Germany); Iskura Oy; PTP Rakennus Oy; Lujateko Oy; Oumet Oy



Sales turnover


POLAR-EXPRESS AB (OY) POB 79,01511 Vantaa Tel: 90-82991 Cable: polarex Telex: 124856 polar sf

FMk'OOO 2,000,000

Management Board: Carl G Bjorkenheim (Managing Director), Jorma Mali (Assistant Managing Director), Jack Bjorklund (Financial Director)

Senior Executives: Christian Lindholm (Director of International Operations), Erkki Tamminen (Director of International Operations), Mikko Lehtonen (Director of Domestic Operations), Eero Tom (Regional Director)

PRINCIPAL ACTIVITIES: International road transport Subsidiary Companies: Polar-Express GmbH (Germany); Polar

Express Benelux BV (Netherlands); Polar-Express UK Ltd (UK); Polar-Gods A/S (Norway)


31.12.84 31.12.85 FMk'OOO FMk'OOO

Sales turnover 293,000 284,000 Profit before tax 829 2,965 Profit after tax 500 2,965 Retained profit 802 2,984 Dividend 1,051 420 Dividend per share 20% 8% Earnings per share 200FMk 80FMk Share capital 5,254 5,254 Shareholders funds 401 401

Principal Shareholders: Oy Lars Krogius Ab; Oy Merikiito Ab; Merihuolto Oy; John Nurminen Oy


POSTIPANKKI Unioninkatu 20, SF-00007 Helsinki 7 Tel: 3580 1641 Cable: POSTIPANKKI, HELSINKI Telex: General: 121698; Foreign Exchange: 121701; New Issues

& Securities: 121079; Foreign Secretariat: 123687

Supervisory Board: Rolf Kullberg (Chairman), Jaakko Vihmola, Teemu Hiltunen, Pekka Tarjanne, Arvo Aalto, Kalevi Sorsa, Matti Pekkanen, Pertti Paloheimo, Pertti Viinanen

Management: Heikki Tuominen (Chairman and Chief General Manager), Reijo Pukonen (Deputy Chief General Manager), Raimo Saikku (General Manager), Erkki Linturi (General Manager), Pauli Heinilii (Acting General Manager)

74

PRINCIPAL ACTIVITIES: Bank Subsidiary Companies: PSP-Finance Ltd; PSP-Municipality Bank

Ltd; Finnish Equity Investment Ltd; Postipankki (U.K.) Ltd Financial Information:

Profit before tax Profit after tax Reserve fund Own funds and reserves Deposits Total assets ·Change in accounting . practices in 1984 and

1985. Until 1984 Postipankki did not make any provisions for future pension liabilities. Only pensions actually paid appeared as a cost in the Profit and Loss Statement. In 1984 Postipankki established PSP-Pension Institute. A transfer of FMk 329.0 mill was made in 1984 and FMk 219.4 mill in 1985 to PSP-Pension Institute. Both these transfers were substantially higher than the increase in pension commitments accruing in these respective years and thus profit before taxes was lower than it would have been under normal circumstances. Currently, following these two transfers, PSP-Pension Institute's pension liability is fully covered

31.12.84· FMk'ooO 203,900 163,300 329,400

1,583,800 29,660,100 34,985,700

Principal Shareholders: The State of Finland (100%) No of Employees: 6,900

31.12.85· FMk'ooO 265,000 222,400 347,000

1,798,600 32,408,900 39,803,600

POSTS AND TELECOMMUNICATIONS OF FINLAND PO Box 529, SF-0010l Helsinki 10 Tel: 358-0-1951 Cable: Gentel Helsinki Telex: 124557 Te/efax: 358-0-1954820

Director General: Pekka Tarjanne Directors: Asko Saviaho (Deputy Director General, Posts), Aulis

Salin (Deputy Director General, Telecommunications), Lauri Kuusisto (Deputy Director General, Administration), Pekka Luukkainen (Deputy Director General, Finance)

PRINCIPAL ACTIVITIES: Postal services; telecommunications services

Trade Names: Post Tele Principal Bankers: Postipankki Financial Information:

Sales turnover Profit after tax Retained profit


POUTTU OY PL 4,69100 Kannus Tel: 968-707l1 Telex: 76191 poutt sf

31.12.84 FMk'OOO

5,552,300 668,800 668,800

31.12.85 FMk'OOO

6,063,600 810,900 810,900


Sales turnover


PUOLIMATKA GROUP L TO Koskelantie 5, SF-00610 Helsinki 10 Tel: 90-75671 Telex: 121541 puoma sf

FMk'OOO 290,000

Board of Directors: Pertti Tuomala (Chairman), Pekka Linnainmaa, Tapio Harra, Karl Heiskanen, Markku Markkola, Veikko Kauppilia, Tapani J T Koski

PRINCIPAL ACTIVITIES: Building contractors; civil engineerilJg; building materials

Parent Company: Hankkija from January 1985 Subsidiary Companies: A Puolimatka Oy Construction

Company; Rakennusvalimiste Oy; Fincoil-teollisuus Oy Principal Bankers: Kansallis-Osake-Pankki Financial Information:

Sales turnover Profit after tax Share capital Shareholders equity' 'and reserves


PUUKESKUS OY Heikkilantie 8B, 00210 Helsinki 21 Tel: 90-6925181 Telex: 124508 rrpuu sf

1985 FMk'OOO

2,557,316 46,683 7,000

138,798

PRINCIPAL ACTIVITIES: Timber trade Financial Information:

Sales turnover


RAISION TEHTAAT 21200 Raisio Tel: 921-780311 (int. +358-21-7801) Cable: Raisiot Turku Telex: 62236 rate sf Telefax: (int. + 358-21-) 780 2315

1986 FMk'OOO

2,863,171 15,824 7,000

100,048

FMk'OOO 500,000

Chairmen: Eeri Hyrkko (Oy Vehna Ab), Heikki Perho (Oy KaSvioljy-Vaxtolje Ab), Tapani Kaapa (Margariini Oy), Esa Halonen (Hameen Peruna Oy)

Executive Committee: Esa Halonen (Chief Executive). Jukka Maki. Harri Rennes, Pentti Heikonen. Matti Salminen. Matti Soupas, Hannu Suominen

Directors of the Profit Centres: Jarmo Laaksonheimo, Folke Gustafsson, Juhani Oksanen, Matti Salminen, Pentti Heikonen, Kai Hannus, Lars Sucksdorff, Hannu Mannula, limo Lannetta, Kari Jokinen

PRINCIPAL ACTIVITIES: Manufacture of wheat, rye, barley, oat and rice products, breakfast cereals, baking mixes, malts, feed mixes, vegetable oils, margarines, dressings. mashed potato flakes and granules, french fries, canned potatoes, wheat starch, wheat gluten, potato starch, starch derivatives, fatty acids and their derivatives, chemicals for the paper industry, technical know-how, lubricants

Trade Names: Sunnuntai, Teho, Amix, Raisa, Kultasula, Mielihyvii, Mestari, Herkku, Raisastarch, Raisatex, Raisafob, Raisapon

Parent Company: Raision Tehtaat is comprised of four companies: Oy Vehnii Ab, Oy Kasvioljy-Viixtolje Ab, Margariini Oy and Hameen Peruna Oy

Subsidiary Companies: Raisio-SLR AB (50%). Sweden; RaisioNational Oy (50%); Oy Kationi Ab' (50%), Finland; Defin

75

FINLAND Stiirke-Derivat GmbH (50%), Germany; Raisio U.S. Inc, USA; Jylharaisio Oy (49%); Viher-Rehu Oy (38.5%); SLMKunnossapito Oy (30%)

Principal Bankers: Okobank; Skopbank; Union Bank of Finland Financial Information:

31.12.84 31.12.85 FMk'OOO FMk'OOO

Sales turnover 1,446,899 1,596,623 Profit before tax 15,539 18,095 Profit after tax 7,318 9,250 Dividends 3,701 7,823 Dividends per share 12% 12% Share capital 42,184 59,179 Shareholders funds 71,573 119,453

Principal Shareholders: 29,299 farmers, retailers and bakers (at 31.12.85)


RAKENNUSKUNTA HAKA PL 309, 00531 Helsinki 53 Tel: 90-77051 Telex: 122505 tvk sf

Senior Executives: Antti Pelkola (General Manager)


Sales turnover


RAKENNUS-RUOLA OY PL 410,20101 Turku 10 Tel: 921-330850

Chairman: Jukka Ruola Directors: Urho Ruola, Klaus Himberg


Sales turnover


RAKENNUSVALMISTE OY Murrontie, 30420 Forssa 42 Tel: 916-27111 Cable: Rakva Telex: 6716 rakva sf

FMk'OOO 1,500,000

1986 FMk'OOO

1,031,000

Management: Rauno Tuominen (General Manager)

PRINCIPAL ACTIVITIES: Kitchen units, hollow slabs, special facade elements, doors and windows, bathrooms and sauna units, prefabricated single-family-houses, accommodation units

Parent Company: Puolimatka Group Ltd (100%) Financial Information:



RANTASIPIOY PL 210,40100 Jyviiskyla 10 Tel: 941-10690 Telex: 28260 sipi sf

PRINCIPAL ACTIVITIES: Hotels and restaurants Financial Information:

Sales turnover

1984 FMk'OOO 503,073 29,000

FMk'OOO 260,000

FINLAND

RAUMA-REPOLA OY PL203, Snellmaninkatu 13, 00170 Helsinki Tel: +358-0-18281 Cable: Raurep Helsinki Telex: 124514 rrhki sf Fax:608580

Board of Directors: Jaakko Lassila (Chairman), Jouko Sere (Vice Chairman), Antti Potila (President), Juhani Salminen, Pentti Talonen, Veikko Virkkunen

Management Board: Heikki Hakala, Kari Makkonen, Seppo Virtanen, Tauno Matomaki

PRINCIPAL ACTIVITIES: Shipbuilding and Offshore:- special tankers, dry cargo, Ro-Ro and other vessels, ship gear, offshore drilling rigs and ships. Engineering:- forest machines, wood-processing machinery, steel castings, construction machinery, valves and actuators for pulp and paper and petrochemical industries, thermal power plants. Pulp and paper Manufacture:-dissolving pulp, bleached sulphate pulp, newsprint and magazine paper. Mechanical Woodworking:Sawn timber, wood and timber products, plywood, prefabricated houses

Subsidiary/Associated Companies: Lohja Paper; Neles Oy; Puukeskus Oy; Lokomo Forest Oy, Finland; Rauma-Repola (Danmark) AS, Denmark; Rauma-Repola (Deutschland) GmbH, Germany; Rauma-Repola (France) SA, France; Rauma-Repola International ltd, Canada; Rauma-Repola (UK) ltd; Sterling Coated Materials, ltd, UK; Rauma-Repola Ireland ltd, Eire; Rauma-Repola (Schweiz) AG, Switzerland; Rauma-Repola Oy Svenska AB; Bruun System AB; Dsa AS; Stensele Mekaniska Verkstad AB, Sweden; Raumac Inc; Neles Inc, USA


Sales turnover Profit before tax Profit after tax Dividends Dividends per share' Earnings per share' Share capital Shareholders funds 'Bonus issues and rights

issues have been taken into account in calculating the share indices

31.12.84 FMk'Ooo

7,414,600 409,000 384,200 60,000

0.82FMk 5.25FMk 600,000

2,072,600

31.12.85 FMk'OOO

7,992,600 290,700 265,500

75,300 0.89FMk 3.31FMk 846,000

2,405,800

Principal Shareholders: The Pohjola Insurance Company ltd; Pension Insurance Company IIImarinen; Elakevakuutus Oy IImarinen; Kansallis-Osake-Pankki

No of Employees: 12,709 Rauma-Repola Oy; 17,311 Group

RAUTAKIRJA OY PL 1, 10640 Vantaa 64 Tel: 90-84941 Cable: Rautakirja Telex: 121616

Company Management: Antero Siljola (Managing Director, Director of the Wholesale Division), Matti Lehti (Deputy Managing Director, Director of Wholesale Division), Matti Kinnunen (Director of Retail Marketing), OUi liemola (Director of Administration), Pentti Kohonen (Director of Finance)

PRINCIPAL ACTIVITIES: Distribution of newspapers, periodicals, books and paper goods and video rental through a chain of kiosks and newsagents as well as shops selling general merchandise; wholesale of cards, stationery and toys

Subsidiary Companies: As. Oy Imatran Sassinkulma (60.6%); P.M. Drockila Oy; Kauppa Hallenberg Oy (99.8%); KestiHerkku Oy (76.6%); Kiint. Oy Kussankosken kioski (58.9%); Kinnt. Oy Tietajantie 11; Kirjasoppi Oy; Lehtijakelu-Driva Rack Oy; Lehti-Maja Oy; Oy Non-Food markkinointi Ab; Porin KirjaAitta Oy; Suomalainen Kirjakauppa Oy

76


Sales turnover Profit after tax Retained profit Dividends Share capital Total equity


RAUTAKONTTORIOY Keskusk 3, PL 379, SF-00101 Helsinki 10 Tel: 90-17301; Int + 358 017301 Cable: Rautakonttori Helsinki Telex: 124513

31.12.84 FMk'OOO

1,182,900 22,700

2,800 12,000 60,000

240,000

Management: Pentti Kivinen (Managing Director), Veikko Mattila (Administrative Director), Pertti Jakovirta (Marketing Director), Pentti Willberg (Marketing Director)

PRINCIPAL ACTIVITIES: Wholesale of hardware; import of hardware

Trade Names: Rautia, Sportia etc Subsidiary Companies: Vii alan Viila Oy; Pohjanpyora Oy,

Finland; The Anglo-Finnish Hardware Company Ltd; Finnsales ltd, UK

PrinCipal Bankers: HOP; KOP; SYP Financial Information:

Sales turnover


RAUTARUUKKIOY Kiilakiventie 1, PO Box 217, SF-90101 Oulu 10 Tel: 981-3277 11 Cable: Rautaruukki Telex: 32109

FMk'OOO 2,150,000

Supervisory Board: Ahti Karjalainen (Chairman), Peter Nuurman (Vice Chairman), Ahti Pekkala, Jaakko Honko, Goran J Ehrnrooth, Tankmar Horn, Niilo Koskenniemi, Mikko Jokela, Juhani Kymalainen, Martti UrSin, Tauno Heikonen, Pentti Maki-Hakola, Jouko Sere, Jouko Kajanoja, Jorma Rantanen

Board of Directors: Mikko Kivimaki (Chairman and Chief Executive Officer), Holger Sweins (Senior Executive Vice President), Matti Haltia, Reino Makela, Esko Erkkila, Aulius Saarinen, Pekka Einamo

PRINCIPAL ACTIVITIES: Mining; steel production; shipbuilding plates, plates and sheets, tubular products, welded beams, dished ends, containers and railway wagons

Subsidiary/Associated Companies: Finnstal A/S (Norway); Rautaruukki (UK) ltd (UK); Nordisk Simplex A/S (Denmark); Rautaruuki (Deutschland) GmbH (Germany); Finnsteel Inc (USA); Hedpipe AB (Sweden); Rautaruukki AB (Sweden)


Sales turnover

1984 FMk'OOO

3,163,000

1985 FMk'OOO

3,428,000

Principal Shareholders: Finnish State (98.9%); Outokumpu Oy (0.38%); Valmet Oy (0.19%); Oy Fiskars Ab (0.12%); RaumaRepola Oy (0.23%); Oy Wirtsila Ab (0.12%)


RENLUND,OY,AB Kaenkuja 3-5M, PL 52, 00501 Helsinki Tel: 90-750 731 Cable: Rautarenlund Telex: 124696 rnd sf Telefax: 733 3195

Board of Directors: Eino Malinen (Chairman) Management: Veikko Jarvinen (Managing Director) Senior Executives: Seppo Tuominen (Commercial Director)

PRINCIPAL ACTIVITIES: Import and retail trade in a wide range of hardware, paints, carpets, electrical goods; building materials

Parent Company: E-Osuuskunta Eka Subsidiary Companies: Rovakate Oy; Esmsc Oy and 9 Car

Companies Principal Bankers: Union Bank of Finland Financial Information:

Sales turnover


RENTTO OY PL 30, 05801 Hyvinkiiii Tel: 914-12430 Telex: 15126

Board of Directors: Onni K Rentto (Chairman)

FMk'OOO 1,000,000

PRINCIPAL ACTIVITIES: Manufacture of footwear for men and women; leather products; manufacture of cables, wires and technical rubber products


Sales turnover


RETTIG-STRENGBERG OY AB PL 25, 02631 Espoo 63 Tel: 90-523311 Telex: 121790 oyrs sf

FMk'OOO 390,000

PRINCIPAL ACTIVITIES: Manufacture of food and tobacco products


Sales turnover


RIISLA OY Sahankatu 2, 26100 Rauma 10 Tel: 93813460 Cable: Riislat Telex: 65178 risla sf

FMk'OOO 600,000

Management: Valter 0 Riisla (General Manager)

PRINCIPAL ACTIVITIES: Trade in food products including, coffee, tea, fruit, vegetables, meat, fish, grain, beer, fruit juice, tobacco; electrical goods; machinery; textiles and clothing


Sales turnover


ROSENLEW, W., LTD Antinkatu 2, PL 69, SF-28101 Pori Tel: +358 3911141 Cable: Rosenlew Pori Telex: 66155 rlewo sf

Chairman: Gustav Rosenlew

FMk'OOO 500,000

Directors: Rolf Ehrnrooth, Fredrik Wilhelm Rosenlew, Urban Wehtje, Mikael von Frenckell

Senior Executives: Magnus Savander, Timo Hiillos, Tor-Olof Dahl, Jaakko Koskinen, Tapio Wartiovaara

PRINCIPAL ACTIVITIES: Production of wood and paper, packaging, agricultural machinery, tools; foundry products; robot and vision systems, automatic tinting machines; forestry administration and nurseries; electricity production

Subsidiary Companies: Rosenlew miniBULK Ltd (UK); Rosenlew Nederland BV (Netherlands); Rex-Rosenlew International Inc

77

FINLAND (USA); Svenska Rosenlew AB; Rosenlew Automation Inc (USA); Poly-Pac Inc (USA)


Sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per A share Dividends per B old share Dividends per B new share Share capital

1984 FMk'OOO

1,380,000 33,790 24,800 12,580 12,220

9.00FMk 11.00FMk 5.50FMk 137,250

Principal Shareholders: Private Individuals (49.1 %); Insurance Companies (25.6%); Limited Companies (15.2%); Foundations and other non-profit organisations (8.3%); Other associations (1.8%)


SAAB-VALMET, OY, AB PL 4, 23501 Uusikaupunki Tel: +358-22-2011 Cable: Savau Telex: 62111 Telefax: +358-22-201 311

Management: Juhani Linnoinen (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of motor vehicles Trade Names: Saab Parent Companies: Val met Corporation; Saab-Scania AB Financial Information:


31.12.85 FMk'OOO

1,464,000 40,000

31.12.86 FMk'OOO

1,850,000 41,000

Principal Shareholders: Valmet Corporation, Finland (50%); Saab-Scania AB, Sweden (50%)


SAARIOINEN OY PL 108, 33101 Tampere 10 Tel: 931-34555 Telex: 22266 saart sf

PRINCIPAL ACTIVITIES: Food industry including poultry and canned goods


Sales turnover


SAASTAMOINEN OY PL 264, 70101 Kuopio 10 Tel: 971-124644 Telex: 42123

Board of Directors: Pekka Sillanpiiii (Chairman)

1984 FMk'OOO 422,000

PRINCIPAL ACTIVITIES: Wood products; sawn timber, plYWOOd, Chipboard, joinery products; woodworking

Trade Names: SASMO Financial Information:


Principal Shareholders: Paloheimo Group No of Employees: 1,716

1984 FMk'OOO 426,207 60,000

FINLAND

sAHKOLlIKKEIDEN OY SLO-Yhtyma PL 88, 01301 Vanta 30 Tel: 90-8381 Telex: 124431 slo sf

Board of Directors: Erkki Korvenranta (Chairman)

PRINCIPAL ACTIVITIES: Manufacture and distribution of electrical and electronic goods

Principal Bankers: KOP; PYP Financial Information:

Sales turnover


SALORA OY PO .Box 14, Salorankatu 5-7, 24101 Salo Tel: 924-6151 cable: Salora Telex: 6818 Sara sf

FMk'OOO 600,000

Board of Directors: Antti Lagerroos (Chairman) Management: Heikki Koskinen (Managing Director) Senior Executives: Jyri Muttonen (Consumer Electronics), Reijo

Lantto (Monitors), Kari Kiiskinen (Components)

PRINCIPAL ACTIVITIES: Manufacture of colour televisions, display monitors, picture transmission systems, components

Trade Names: Salora Parent Company: Oy Nokia Ab Subsidiary Companies: Salora Ab (Sweden); Salora Norge AIS

(Norway); Salora AIS (Denmark); Salora GmbH (Germany); Salora (UK) Ltd (UK); Salora Italia SpA (Italy); Luxor AB (Sweden)

Principal Bankers: Union Bank of Finland; Bank of Helsinki Financial Information:


1984 FMk'OOO 908,500

23,300 12,700 21,500 11,000 20SKr 23SKr 56,500 11,200

Principal Shareholders: Oy Nokia Ab; Hollming-yhtyma Oy No of Employees: 1,993

SAM PO, KESKINAINEN VAKUUTUSYHTIO, Yliopistonkatu 27, PL 216,20101 Turku 10 Tel: 921-663311 Telex: 62242 sampo sf

PRINCIPAL ACTIVITIES: Insurance of all classes except life; reinsurance

Subsidiary Companies: Kaleva; Tarmo Financial Information:

Premium income


SANOMA CORPORATION PO ,Box 240, SF-00101 Helsinki 10 Tel: +358-0-60941 Cable: Sanomat Telex: 122772 helad sf

FMk'OOO 1,400,000

Board of Directors: Aatos Erkko (Chairman), Vaino J Nurmimaa (Vice Chairman), Aarne Castr!!m, Pentti J -K Kouri, Teo Mertanen, JaakkoRauramo, Patricia Seppala

78

Corporate Administration: Aatos Erkko (Chairman and Chief Executive Officer), Jaakko RaLiramo (PreSident and Chief Operating Officer), Heikki Huhtanen (Executive VP and General Manager, Newspaper Division), Matti Anderzen (Executive VP, Communications Policy and Community Relations), Jaakko Hannuksela (VP, Planning and Development), Pertti Huhtala (VP and General Manager Startel), Martti Ojares (VP Finance), Kerstin Rinne (VP, Legal Affairs); Heikki Saraste (VP and General Manager, Sanomaprint), Pekka Toropainen (VP Real Estates)

Senior Executives: Newspaper Division: Heikki Huhtanen (General Manager) Matti Huopaniemi (Deputy General Manager and VP, Marketing, Helsingin Sanomat), Sakari Almi (VP, Marketing, IIta=Sanomat), Tapani Kivela (VP, Administration and Finance), Pertti Metaahuone (Advertisement Director, Helsingin Sanomat), Jouko Nurmela (VP, Production), Pertti Puolakka (VP, Logistics). Helsingin Sanomat: Heikki Tikkanen (Senior Editor-in-Chief), Keijo K Kulha (Editor-in-Chief), Simopekka Nortamo (Editor-in-Chief), Seppo Kievari (Editor-in-Chief). IIta=Sanomat: Vesa-Pekka Koljonen (Senior Editor-in-Chief), Lauri Helver (Editor-inChief). Sanomaprint: Heikki Saraste (General Manager), Eero Aalto (VP, Sales), Hannu Kiltila (VP, Production), Heikki Mielonen, (VP, Administration), Jukka Miettinen (VP, Magazine Publishing), Eero Sauri (VP, Business Publications). Startel: Pertti Huhtala (General Manager), Hannu Aunesluoma (VP, Information Systems)

PRINCIPAL ACTIVITIES: Publishing of newspapers, magazines and books; printing

Trade Names: Helsingin Sanomat; IIta-Sanomat (newspapers) Me naiset; Kodin Kuvalehti; Aku Ankka; Kansa taisteli-miehet kertovat; Suuri Kiisityokerho; Nalle Puh; Eliiinmaailma; Tiede 2000; ET-Iehti; Roope-seta taskulehti; Hi-fi; Prosessori; Tietokone; Lusa Ihmemassa; Terveys 2000; Skimbaajn (magazines)

Subsidiary Companies: Lehtikuva Oy; Oy Linguaphone Ab; Simon paino Oy; Helsinki Televisio Oy; Oy LippupalveluBiljettjiinst Ab; Tecnopress Oy; Sininen Kirja Oy, Finland; Crafton Graphic Co, Inc.; Sanoma, Inc., USA

PrinCipal Bankers: Kansallis-Osake-Pankki; Union Bank of Finland

Financial Information: Consolidated figures 31.12.84

Sales turnover Profit before tax" Profit after tax Dividends Dividends per share Bound capital Free capital Shareholders equity "and reserves

FMk'OOO 1,217,786

138,991 40,755

2,000 6FMk

15,601 75,198

131,554

31.12.85 FMk'OOO

1,350,829 116,779 38,173

2,000 6FMk

75,501 142,202 255,876

No of Employees: 2,630 (plus 2,273 newspaper distributors)

SATAHAMEEN OSUUSTEURASTAMO Karjaranta, PL 39, 28101 Pori Tel: 939-320600 Cable: Osuusteurastamo Telex: 66259

Telefax: 326822

Directors: Reijo Haeyry (Managing Director) Senior Executives: Matti Hurri, Mikko Huhtamaki, Matti Koivula,

Esko Hautakorpi, Pertti Paavola, Antti Rajamaki, Lauri Rytkolii

PRINCIPAL ACTIVITIES: Meat and meat products; raw skins and hides

Trade Names: ATRIA Subsidiary Companies: Broilertalo Oy; Honkajoki Oy Principal Bankers: Okobank; Skopbank


Sales turnover


1986 FMk'OOO 634,000

SAVONLINNAN SEUDUN OSUUSKUNTA TUOTE Possenkatu 2, 57100 Savonlinna Tel: 957-22981

Management: Jukka Haukka (Managing Director)

PRINCIPAL ACTIVITIES: Meat and meat products, dairy products; wholesale trade in animal feedstuffs


31.12.84 31.12.85 FMk'OOO FMk'OOO

Sales turnover 293,200 298,200 Profit before tax 2,754 1,653 Profit after tax 1,750 1,260 Dividend per share 10% 8% Co-operative share capital 15,772 17,964

Principal Shareholders: Tuote is a co-operative owned by farmers


SCAN-AUTO, OY, AB Sturenkatu 27, PL 9,00551 Helsinki 55 Tel: 90-73101 Cable: Scanauto Telex: 124864 Scana sf

Board of Directors: Matti Kankaanpii (Chairman) Management: Hugo Ahlberg (President), Kurt Rinne (Cars), Rolf

Westerlund (Trucks, Buses), Olavi Lyytinen (Aeroplanes, Helicopters), Anssi Siukosaari (Information)

PRINCIPAL ACTIVITIES: Import and sales of cars, trucks, buses, aeroplanes, helicopters, industrial and marine engines and service, repairs and spare parts

Trade Names: Saab, Scania, Talbot Horizon, Dodge (GB), Hughes, Saab-Fair-Child, Lancia

Parent Company: Saab-Scania AB; Val met Oy Financial Information:



1984 FMk'ooo

1,554,000 10,000

SCHAUMAN, OY WILH, AB PL 240, 00121 Helsinki 12 Tel: 90-12911 Telex: 121342 wshki

Chairman: Tankmar Horn Managing Director: G Ehrnrooth

1985 FMk'Ooo

1,576,000 10,000

PRINCIPAL ACTIVITIES: Manufacture of plywood, chipboard, blockboard, sawn goods, pulp, paper, paper sacks, plastics products, industrial wrappings, yachts; wholesale building materials

Trade Namt1s: Wisaform, Wisadeck, Wisafloor, Wisacon, Wisascaffold, Wisakraft, Wisabetula, Nautor Swan

Subsidiary Companies: Pellos-Puhos Oy; Ovi Ja Vaneri Yhtymi Oy, Finland; Wilh. Schauman Forsiljnings AB, Sweden; AN CO AS, Denmark; Schauman GmbH, Germany; Schauman BV, Netherlands; Schauman SA, France; Schauman (UK) Ltd, UK; Schaum an (ASia Pacific) Pte Ltd, Singapore

79


1984 FMk'OOO

Sales turnover 2,525,000 Profit (loss) before tax 139,000 Profit (loss) after tax 136,000 Retained profit 81,000 Dividends 26,000 Dividends per share 13.50FMk Dividends per share 16.50FMk Earnings (loss) per share 78.00FMk Share capital Shareholders funds


SHELL,OY,AB Ulappasaarentie 4, 00980 Helsinki 98 Tel: 90-31901 Cable: Shell-Hki Telex: 124718

253,000 759,000

1985 FMk'OOO

2,367,000 (12,000) (20,000) 46,000 36,000

6.00FMk 9.00FMk

(10.00FMk) 311,000 622,000

Senior Executives: Ahti Lohivesi (General Manager)

PRINCIPAL ACTIVITIES: Marketing of oil, petroleum products and petrochemicals

Parent Company: One of The Royal Dutch Shell Group of Companies




SIEMENS OY PL 8, 00101 Helsinki 10 Tel: 90-16261 Telex: 124465

30.9.84 FMk'OOO

3,173,000 200,000

30.9.85 FMk'OOO

3,389,200 200,000

Board of Directors: Anders Kranck (Chairman and Managing Director)

PRINCIPAL ACTIVITIES: Manufacture and trade in a wide range of electrical and electronic equipment

Parent Company: Siemens AG, Munich, Germany Financial Information:


Principal Shareholders: Siemens AG (100%) No of Employees: 759

SINEBRYCHOFF, OY, AB Mallaskatu 1, PL 24, 00101 Helsinki 10 Tel: 90-16211 Cable: Koff Telex: 122131 Koff sf

Chairman: Ulf Roos

1984/85 FMk'OOO 587,000

36,000

Directors: Olli Hakkarainen (Managing Director), Veikko Ranta (Commercial Director), Olof Damsten (Production Manager), Stig Kewin (Financial Director)

PRINCIPAL ACTIVITIES: Production and marketing of beer and of soft drinks

Trade Names: Koff A, Karhu, Light Beer, Cheers, Frisco soft drinks, Pepsi Cola, Aqua mineral water

Parent Company: Oy Rettig Ab Principal Bankers: Union Bank of Finland


Sales turnover Profit before tax Profit after tax Retained profit Dividends Share capital Equity


SISU-AUTO AB (OY) PL 307, 00101 Helsinki 10 Tel: 90-750101 Cable: Autoteolllsuus Telex: 121245

31.12.84 FMk'OOO 930,614

5,659 2,677 9.250 2.178

27,225 79.345

31.12.85 FMk'OOO

1,038,246 7,440 4,401

11,473 2,178

27,225 81,568

Board of Directors: E Gillberg (Chairman and Managing Director). P Rekola. R J Auvinen, P Avikainen, L Lantz. M Makinen. B Ljungdell

Management: J Ritvala, H Luostarinen, S Kokkola, J Snail

PRINCIPAL ACTIVITIES: Manufacture of trucks and tractors; distribution of cars

Trade Names: SISU Financial Information:

Sales turnover


SKOPBANK Mikonkatu 4, SF-00100 Helsinki Tel: +3580-17251 Cable: Skop; SWIFT: SKOP FI HH Telex: 122284 skop sf Telefax: 1725674 sf

FMk'ooo 600.000

Board of Managers: Matti AIi-Melkkiia (Chairman, Chief General Manager). Christopher Wegelius (Vice Chairman, Managing Director), Jukka Haapanen (General Manager), Eljas Sukselainen (General Manager, Corporate and International Services). Juhani Riikonen (General Manager, Finance and Administration, Treasury), Mikko lIIoinen (General Manager), Tarmo Ruosteenoja (General Manager), Kari Wuorisalo (General Manager), Timo Santalainen (General Manager), Kalevi Kauniskangas (Managing Director. The Finnish Savings Banks' Association), Lauri Siltala (Deputy Managing Director, The Finnish Savings Banks' ASSOCiation)

PRINCIPAL ACTIVITIES: General banking services; central banking and foreign trade banking services for the savings banks in Finland

Trade Names: Skopbank Subsidiary Companies: The Finnish Real Estate Bank Ltd; Skop

Finance Ltd; Suomen Investointiluotto Oy; SP-Invest Ltd; Skofaks Ltd: FennoScandia Ltd (UK); Banque Nordeurope SA (Luxembourg)


Profit before tax 160,309 Profit after tax 142,676 Retained profit 15,100 Dividends 48,600 Dividends per share O.88FMk Earnings per share 2.60FMk Share capital 550.000 Shareholders funds 1,051,518 Deposits 10,429,680 Total assets 18.028,636

Principal Shareholders: 254 Savings Banks No of Employees: 1,357

31.12.85 FMk'Ooo 265,003 234,600

11,226 74,664

1.24FMk 3.90FMk 602,060

1,392,483 12,203,550 21,885,136

80

SCOERSTRCM,WERNER,OY PL 222, 00121 Helsinki 12 Tel: 90-61681 Telex: 122644 wsoy sf

PRINCIPAL ACTIVITIES: Printing and publishing; book binding Financial Information:

Sales


SOHLBERG, OY G W, AB GROUP PL 25, 02171 Espoo Tel: 90-423566 Telex: 122 437 gws sf Telefax: 423 083

FMk'Ooo 330,000

Board of Directors: Sakari Sohlberg (Chairman), Olavl Sohlberg (Vice Chairman), Olavi Eskela, Kari Kairamo, Olavi Mantere, Kari 0 Sohlberg, Klaus Sohlberg, Harri Sohlberg, Timo Sohlberg, Matti Jaasalo (Secretary)

Board of Management of the GWS Group: Kari 0 Sohlberg (Chairman and Managing Director). Matti Jaasalo (Personnel and Legal Affairs, PRJ, Klaus Sohlberg (Deputy Managing Director), Pekka Soveri (Finance), Olavi Mantere (Packaging Division)

PRINCIPAL ACTIVITIES: The Packaging Division: Manufacture of metal and plastic packaging. The Furnishing Division: Manufacture of shop, storage and industrial fittings

Parent Company: Oy G W Sohlberg AB is parent to the Group Subsidiary Companies: GWS-Trade Oy; G W Sohlberg AB

(Sweden); G W Sohlberg GmbH (Germany); Sohlberg-Surtech Ltd (UK); M.J.B. (France); "Joseph Mertens-Group (Belgium, France, Germany); "Pelly AB-Group (Sweden), "Not yet included in the consolidated accounts 1986

Principal Bankers: KOP: SYP; PSP Financial Information:

Sales turnover Profit before tax Profit after tax Dividends Dividends per share Share capital Shareholders equity


SOTKA OY PI 213,13101 Hameenlinna 10 Tel: 917-24241 Telex: 2328 sotka sf

PRINCIPAL ACTIVITIES: Timber products Financial Information:

Sales turnover

STARCKJOHANN-TELKO OY PL 54, Neljainkaivonkatu 28, SF-15101 Lahti 10 Tel: +358-18-28911 Cable: Starckjohann Telex: 16142 stlti sf

31.12.86 FMK'OOO 510,000

10.000 6,000 4,100

30FMk 27.000 81,350

FMk'OOO 300.000

Board of Directors: Bernt Starckjohann (Chairman), Gerdt Starckjohann (Vice Chairman), Pertti Berg, Pehr Uinnqvist, Rainer Karlsson, 0111 Lehtinen

PRINCIPAL ACTIVITIES: Trade in steel, hardware, coal and coal tar products, plastics, motor vehicles and fire protection equipment

Principal Subsidiary Companies: Starckjohann & Co (Deutschland) GmbH; Telko GmbH; Starckjohann (UK) Ltd: Starckjohann Skandinavien Ab; Starckjohann Teknik Ab; FinnPacific Ltd; Starckjohann-Telko (Asia) Ltd; Telko Trading Inc;

Telko Trading Company of Texas Inc; Oy HW Snellman; Oy Bermic Ab; Oy Novacell Ab; Other companies:- Oy Boge Larsen Ab; Rautakonttori Oy; Oy Stalko Ab; Telko Mexicana SA de CV


Sales turnover


STOCKMANN, OV, AB PB 220, SF-0010l Helsinki Tel: +358 01211 Cable: Stockmanns Telex: 124733 stohe sf

FMk'OOO 1,600,000

Telefax: +358 0 121 3342 (Central Admin, Helsinki Department Store); +358 0 121 5960 (Buying Department)

Board of Directors: Carl 0101 Tallgren (Chairman), Jaakko Honko (Deputy Chairman), Marjatta Aarnio-Wihuri, Henrik Gestrin, Henrik Nybergh, Erkki Etola, Eero Ihanainen, Christoffer Taxell, Maija-Liisa Etola

Management Committee: Henrik Gestrin (Managing Director), Lauri Halsas (Finance), IIkka Arvola (Personnel), Erkki Viljanen (Construction and Interiors), Ari Heinio (Department Store Division), Anders Wiklund (Buying: Fashion and Textiles), Karl W Stockmann (Buying: Interior Decoration, Durables, Foodstuffs), Hannu Penttila (Assistant Director, Helsinki Department Store), Risto Kiiski (Sesto), Jorma Kaimio (Academic Bookstore), Hannu Toivanen (Wholesale and Auto), Harry SOderholm (Managing Director, Subsidiary Oy Hobby Hall Ab)

Senior Executives: Roger Willfor (Assistant Director, Turku Department Store), Seppo Ronkkonen (Assistant Director, Tampere Department Store), Risto Lagus (Assistant Director, Stockmann Auto)

PRINCIPAL ACTIVITIES: Retail and wholesale trade Trade Names: Stockmann Department Stores, Sesto

(Supermarkets); Academic Bookstore, Stockmann Tukku (Wholesale); Stockmann-Auto (Motor Vehicles/Ford); Pitajanmaen Auto, Stockmann (Motor Vehicles/Nissan)

Subsidiary Companies: Oy Hobby Hall Ab (Mail Order Company) Principal Bankers: Union Bank 01 Finland Ltd Financial Information: Consolidated figures

31.12.84

Sales turnover Profit before tax(l) Profit after tax Dividends Dividends per share Earnings per share Share capital Shareholders equity (l)and provisions (2)after tax paid

FMk'OOO 1,454,356

79,208 15,025 14,688

12.00FMk 32.87FMk

73,440 315,484

31.12.85 FMk'OOO

1,746,661 88,654 27,687 18.350

3.60FMk 14.98FMk(2)

102.000 345.232

Principal Shareholders: Konstsamlundet; Oy Etola Ab; Union Bank 01 Finland; Oy Etra Ab; Abo Akademi Foundation

No of Employees: 3,788 Total staff. 3.238 converted to full time

SUNILA OV 48900 Sunila Tel: (952) 61300 Telex: 53170 sunoy sf

Directors: Carl G Bjornberg. Hans J Bjornberg. Pentti Salmi. Leo Vatanen, Vesa Vainio. Jouko Jaakkola (Managing Director)

Senior Executives: Veikko Halonen (Deputy Managing Director). Matti Suokas (Financial Manager)

PRINCIPAL ACTIVITIES: Sulphate pulp mill Principal Bankers: Suomen Yhdyspankki Oy; Kansallis-Osake

Pankki

81


Sales turnover Prolit (loss) before tax Profit (loss) after tax Retained profit (loss) Earnings (loss) per share Share capital Shareholders funds

31.12.84 FMk'OOO 489,575

4,160 2,606 2.606

30FMk 43.000 84,576

31.12.85 FMk'OOO 538,105 (68,562) (71,246) (71.246)

(828FMk) 43,000 42.288

Principal Shareholders: Enso-Gutzeit Oy (20%); Kymi-Stromberg Oy (20%); Myllykoski Oy (40%); Oy Tampella AB (20%)


SUOMEN GENERAL MOTORS OV Kutojantie 8. 02630 Espoo Tel: (9)0-523344 Telex: 124739

Management: Stig Fagerholm (Managing Director)

PRINCIPAL ACTIVITIES: Import and distribution of motor cars and components

Trade Names: Opel. Bedford. Isuzu Parent Company: General Motors Corporation, USA Financial Information:

Sales turnover Profit before tax Profit after tax Retained profit Share capital

No of Employees: 62

SUOMEN MATKATOIMISTO OV Kaivokatu lOA, 00100 Helsinki Tel: 90-18261 Telex: 122516 ftbhk sf

PRINCIPAL ACTIVITIES: Travel agents Financial Information:

Sales turnover


SUOMEN OSUUSKAUPPOJEN KESKUSKUNTA SOK

31.12.84 FMk'OOO 567.000

4.000 500 800

6,500

FMk'OOO 460.000

Finnish Cooperative Wholesale Society Vilhonkatu 7. PL 460. 00101 Helsinki 10 Tel: 90-1881 Cable: Keskuskunta Telex: 121341 SOKPK Telefax: (0) 188 2332

Board of Administration: "Seppo Tormala (Chairman). "Ake Jokela (1st Vice-Chairman). "Aapeli Airaksinen (2nd ViceChairman), Vaino Ahlgren. Silvo Ahtiainen, Arto Arvonen, JanErik Grano. Eero Hakala. Tauno Hannula. Tuomo Herrala, Rainer Hollfast, "Sture Haggblom. Heikki Ikonen. Raimo Jaakkola. Mikko Jokela. Matti Karjalainen. Aulis Lankinen, Ritva Laurila, Veikko Lehikoinen, Veikko Leppanen. Kalevi Liukkonen. Tor Mattsson. Viljo S Maattala. Anna-Kaisa Nuoranne. Aarno Pastell. "Pentti Pasuri. Matti Pietila, Pentti Rahikkala. Eljas Ranttila. Tuomo Saloniemi, Kauko Seppala, Timo Sonninen. Sulo Suorttanen. Eila Vehkalahti. Eila Vehkalahti. Roy Wikstrom. Leo Vuolio. "Board of Administration's Executive Committee

Board of Directors: Juhani Pesonen (President and Chief Executive Officer), Eero Aittola (Deputy President, Financial Director). Jere Lahti (Director of Daily Goods and Non-Food Group). Hannu Uski (Director of Hardware and Agricultural

FINLAND Group). Martti Haaman (Director of Industrial Group). Antero Leppili (Director of Development). Matti Sipili (Director of Co-operative and Public Relations). Co-operative Society Auditing: Ake Stenstrom (Director of Auditing. Certified Public Accountant)

Senior Executives: Seppo Poyhonen (Secretariat and Legal Affairs). Jere Lahti (Daily Goods and Non-Food Group). Reijo Lihteenmiiki (Daily Goods Division). Harri Monkkonen (NonFood Division). Osmo Naskali (Department Store Division). Seppo Reunanen (Institutional Sales Division). Jussi Yrjoli (Hotel and Restaurant Division). Erkki Valta (Materials Management). Tenho Reijonen (Development of Business Outlets). Kalle Siiiskilahti (Marketing). Jarmo Vehokari (Administration). Hannu Uski (Hardware and Agricultural Group). Reino Ylii-Autlo (Agricultural Division). Henrik Sundbick (Machine Division). Harry Timgren (Service Stations). Timo Miiki (Administration). Juhani Suni (Planning and Direction). Martti Haaman (Industrial Group). Veikko Kesli (Industrial Department). IIpo Ropponen (Coffee Division). Pentti Poyhonen (Kultaleima Flour Mill Group). Seppo Pienimiiki (Panda Chocolate Factory). Mauri Repo (Besta Margarine Factory). Eljas Piiiikkonen (Textile and Clothing Factories). Juhani Eteliilahti (Vaaja Furniture Factories). VeliPekka Akkanen (Superlonit Factories). Pertti Rissanen (Central Laboratory). Erro Aittola (Financial Administration). Timo Peltonen (Economy). Pertti Karhu (Finance). Martti Peippo (Real Estate). Martti Kiuru (Internal Auditing). Antero Leppiilii (Development). Osmo Maunuksela (Planning). Martti Eurola (Direction of Field/Regional Manager). Jorma Koistinen (Direction of Field/Regional Manager). Jukka Salminen (Direction of Field/Regional Manager). Jorma Niiniaho (Organisation Development). Arvo Saarikko (Personnel). Jorma Mankki (Training). Matti Sipilii (Co-operative and Public Relations). Maija Jiirventaus (Centre in Consumer Affairs). Tapio Peltola (Co-operative Dept). Pentti Tormiilii (S Publications). Rauni Holst (Information)

PRINCIPAL ACTIVITIES: Cooperative with retail outlets including variety stores. hypermarkets. and department stores; hotels and restaurants; hardware trade; agricultural trade; machinery trade; manufacture of food products including bakery products. coffee. institutional catering products; textiles and clothing manufacture

Trade Names: Sokos

Subsidiary Companies: Allemans Ab (96.9%); Automaa Oy; Lapin Auto Oy (99.3%); Oy Maan Auto Ab (99.4%); Maanteho Oy (57.5%); Oulun Hotelli Oy; Panda Ab; POhjois-Karjalan Auto Oy; Oy Sokle Ab (79.7%); Sokotel Oy (69.4%); Oy Sokoteria Ab; Tietoiissii Oy (95.2%); Yhteiskirjapaino Oy (76.9%); SOK-jiirjeston Takaus Oy (99.8%); Kiinteisto Oy Valtakulama


31.12.84

Sales turnover

Surplus (deficit) before tax

(Loss) after tax

Share capital

FMk'Ooo

11.376.615

(6.336)

(13.091)

132.955

Total own capital 414.316

No of Employees: 8.216 SOK; 10,694 Group

SUOMEN PANKKI-FINLANDS BANK Bank of Finland PL 160, 00101 Helsinki 10

Tel: 90-1831

Cable: Suomenpankki

Telex: 121224; 124446 (Foreign Exchange)

Governor: Rolf Kullberg

31.12.85

FMk'Ooo

11.660,498

30.626

(11.206)

142.909

395,596

82

Board of Directors: Matti Jaatinen (Chairman). Markku Puntila. Eino Helenius. Pentti Koivikko. Sirkka Hiimiiliiinen, Pentti Uusivirta. Eli Alenius. Harri Holkeri. Seppo Lindblom. Esko Ollila

PRINCIPAL ACTIVITIES: Central bank of Finland; banking services; security printing

Subsidiary Companies: Mortgage Bank of Finland Ltd Financial Information:

Capital Deposits Total assets

No of Employees: 800 (worldwide)

SUOMEN PETROOLI OY Bulevardi 26. PL 102. 00121 Helsinki 12 Tel: 90-642733 Cable: Supetro Telex: 12620

1984 FMk'OOO

5.000.000 18.970.000 38,242,000

Management: Nikolai Markov (General Manager)

PRINCIPAL ACTIVITIES: Trade in fuel Oils. lubricating oils and greases. compressed gases. pharmaceutical products


Sales turnover


SUOMEN PUHALLINTEHDAS OY PL 20, 00601 Helsinki 60 Tel: 90-72001

FMk'OOO 900.000

PRINCIPAL ACTIVITIES: Manufacture of air cooling plants. dust removing and air filtering plants; pneumatic conveying plants. loading and unloading installations


Sales turnover


SUOMEN TRIKOO OY AB PB 65. 33101 Tampere 10 Tel: 31-148000 Cable: SUOMENTRIKOO Telex: 22151 stoa sf

FMk'OOO 300,000

Board of Directors: Reijo Selin (Chairman). Bo Backstrom. E A L Hammaren. Hannu Kanerva. Timo Laatunen

Management Board: Harry Sucksdorff (Managing Director). Orvo Laine (Personnel Manager). Markku Sillanpiia (Finance Manager)

Senior Executives: Hannu Holopainen (Mill Manager). Jorma Karjalainen (Mill Manager). Reijo Korpela (Mill Manager). Tauno Luoto (Mill Manager). IIkka Saaristo (Mill Manager). Pekka Arala (Export Manager). Ms Liisa Haapaniemi (Export Office Manager). Juhani Heino (Domestic Sales Manager. Hosiery). Olli Urrila (Domestic Sales Manager. Knitted Garments)

PRINCIPAL ACTIVITIES: Knitwear and hosiery industry Trade Names: FINNWEAR, FINNBEAR Parent Company: Oy Finlayson Ab. Tampere Subsidiary Companies: Amar-Teollisuus Oy; Appretur Oy; Baliz

Trading AB (Sweden); Black Horse Oy; Catco Oy; Norlyn Oy; Pohjoismaiden sukkatehdas Oy; North Pole Oy; Tampereen Trikoo Oy; Tricol Oy; Trior Oy

Principal Bankers: Suomen Yhdyspankki Oy




SUOMI-SALAMA, KESKINAINEN HENKIVAKUUTUSYHTIO, Lapinmaentie 1. 00300 Helsinki Tel: 90-5591 Cable: Suomisalalma Helsinki Telex: 124556

31.12.84 FMk'OOO 285.576

3.238 2.173

36.848 1,455

90FMk 9%

16.168 74,085

Supervisory Board: P Talonen (Chairman). J Lassila (Deputy Chairman)

Management Board: A Arti. V Laaksonen. Y Niskanen. B 0 Nordman. A Y Narakka. P Seppala. S Soratie. J Antila. K J Oravisto. P Pesonen

PRINCIPAL ACTIVITIES: Life insurance Financial Information:

Premium income


TALLBERG, OY JULIUS, AB Aleksanterinkatu 21, PL 210. 00101 Helsinki 10 Tel: 0-18221 Cable: Tallbergs Telex: 124764 tal

FMk'OOO

300.000

Board of Directors: Thomas Tallberg (Chairman). Jan Ehrnrooth (Vice Chairman). John Henrik Berger. Magnus Liljequist. Goran Nyman. Seppo Okansen. Bjorn Sundqvist (Managing Director). Peter TaUberg

Executive Directors: Peter TaUberg (Managing Director). Cart Johan TaUberg (AsSistant Managing Director). Kai Friskberg (Hardware Trade Dept). Sven-Olof Granberg (Financial Director). Carl-Hugo Sundell (Administrative Director)

PRINCIPAL ACTIVITIES: Hardware trade. technical trade (machinery and industrial equipment)

Subsidiary Companies: Oy Soffco Ab; Kekkonen Oy (84%); Ab Jarn-Jansson Oy; Oy Soffcon Kiinteisto Ab; Oy Vattuniementalo Ab

Principal Bankers: Kansallis-Osake-Pankki. Helsinki Financial Information:

Sales turnover net Profit after tax Ordinary share capital


TALOUS-OSAKEKAUPPA Abraham Wetterintie 6. PL 48. 00101 Helsinki 10 Tel: 90-780011 Telex: 121785 tok sf

31.12.84 FMk'Ooo 450.308 234.919

12.800

PRINCIPAL ACTIVITIES: Retail trade in meat products. canned goods. dairy products. fruit. vegetables. fish. bakery products. coffee. tea. cocoa. confectionery. beer. tobacco. textiles and ready made clothing

83


Sales turnover


TAMPELLA L TO POB 256.33101 Tampere 10 Tel: (35831) 114 411 Cable: Tampella Telex: 22236 tatex Telefax: (35831) 123 219

FMk'OOO 750.000

Board of Directors: Helge Haavisto (Chairman). Erik Stadigh (Vice Chairman). K 0 Donner. G J Ehrnrooth. G Smeds. H Sumelius. K Sormanto. L Vatanen

Management: Leo Vatanen (PreSident) Senior Executives: E Kivimaki. A Lehmus. E Mattinen. I Olsson

PRINCIPAL ACTIVITIES: Forest products; pulp and paper; packaging; engineering including manufacture of industrial plant and equipment; compressors and rock drilling equipment; electricity generation

Subsidiary Companies: Anjalankosken Voima Oy (Finland); Dansk Presenning A/S (Denmark); Frantex S.A.R.L. (France); Lainapeite Oy (Finland); Tamrock Inc (USA); Tamrock Canada Inc (Canada); Tamrock AB (Sweden); Nya Stromnes AB (Sweden); Tamrock Deutschland GmbH (West Germany); Tamrock Bohrgerate Vertriebsges.m.b.H. (Austria); Tamrock Far East Ltd (Hong Kong); Tamrock Japan K.K. (Japan); Tamrock SA (France); Tammertool Oy (Finland); TampeUa Espanola SA (Spain); TampeUa Paper Machinery. Inc (USA); TampeUa Power Machinery Inc (USA)


Sales turnover Profit (loss) before tax (Loss) after tax Dividends Share capital


31.12.84 FMk'OOO

3.321.300 8.857

(8.721) 8%

90.000

31.12.85 DM'OOO

3.593,300 (10.183) (11.272)

8% 90.000

TAMPEREEN KAUPUNGEN SAHKOLAITOS PL 175. 33101 Tampere 10 Tel: 931-15511 Telex: 22402 tks sf

PRINCIPAL ACTIVITIES: Generation and distribution of electric power


Sales turnover


TAMRO GROUP Ruosilantle 14. PL 810. 00101 Helsinki 10 Tel: 0-54011 Cable: Tamro Telex: 124717 Telecopier: 0-542629

FMk'OOO 430.000

Board of Directors: C G Aminoff (Chairman) Management: Matti Elovaara (PreSident). Timo Toivio

(Distribution Division). Martti Juntunen (Vice President. Contracts and Project Division). Pekka Junnila (Pharmaceutical Division). Kai Baldauf (Health Care Division). Kalervo Eraniemi (Consumer Goods Division), Jorma Alanko (Finance and Administration)

PRINCIPAL ACTIVITIES: Import and wholesale of health care and cosmetic products as well as manufacture of pharmaceuticals and hospital supplies

Parent Company: Tamro Corporation

FINLAND Subsidiary Companies: Oy Star Ab; Oy Rohto Ab; Oy Tam-Kos

Ab; Tam-Drug Oy; Oy Drugtrade Ab; Oy Ultra Sonic Finland Ltd; Kolmi-Set Oy; Oy Suomen Vanutehdas-Finnwad Ltd


Sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per common share Dividends per preferred share Earnings per share Share capital Shareholders funds


31.12.84 FMk'OOO 960,617

14,288 9,041 3,721 5,320

1.00FMk 1.20FMk 1.26FMk

48,000 99,940

TAPIOLA INSURANCE GROUP (THE) Revontulentie 7, 02100 Espoo Tel: 90-4531 Telex: 121073 tapva sf Telefax: +358 0 4532146

Board of Directors: P Paloheimo (Chairman) Management: J Syrjanen (General Manager)

PRINCIPAL ACTIVITIES: Mutual insurance group Principal Bankers: All banks in Finland Financial Information:

Premium income Investment income Profit before tax Profit after tax Equity capital

Principal Shareholders: Policyholders No of Employees: 1,600

TEBOIL, OY, AB

1984 FMk'OOO

2,187,400 709,900

20,049 4,136

133,500

Bulevardi 26, PL 102, 00121 Helsinki 12 Tel: 90-642733 Cable: Tebolin Telex: 12620

Board of Directors: Nikolai Markov

1985 FMk'OOO

2,343,100 793,700

13,329 2,830

135,700

PRINCIPAL ACTIVITIES: Trade in petroleum and petroleum products, compressed gases, industrial oils and greases, coal tar products


Sales turnover


TERASBETONIGROUP Opastinsilta 8B, 00520 Helsinki Tel: 90-140144 Cable: TERBE Telex: 124552 tera sf

Chairman: Erkki Helanto Directors: Pentti Saynevirta, Reijo Niemela

FMk'OOO 2,300,000

Senior Executives: Sakari Arola, Ahti Kara, Pellervo Erkkila

PRINCIPAL ACTIVITIES: Construction, civil engineering, tower cranes, construction equipment, mechanical engineering, refractory engineering, wooden poles, metal poles and masts, soil conditioners, asphalting, hot dip galvanising, energy saving system for pulp and lime kilns, material handling systems

Trade Names: Betox, Arex, Turbumix Parent Company: Terasbetoni Oy

84

Subsidiary Companies: Arex Oy; Aurajoki Oy: Betox Oy: Expole Oy; Pesmel Oy; Termorak Oy; Valtatie Oy


Financial Information: 1985

FMk'OOO Sales turnover 535,000 -estimated

Principal Shareholders: Erkki Helanto No of Employees: 1 ,250

TERVAKOSKIOY 12400 Tervakoski Tel: 914-66221 Cable: tervakoski Telex: 15242 toy sf

1986-FMk'OOO 615,000

Board of Directors: J Yli-Paavola (Chairman), P Piepponen, E Hiltunen, A Ansaharju, J Kurkinen

Management: P Piepponen, A Ansaharju, J Laukkanen, P Valkeila, Y Vaskio

PRINCIPAL ACTIVITIES: Manufacture of paper including thin printing papers, release base papers, banknote paper, Cigarette papers and filter tips and films and papers for electrotechnical purposes

Principal Bankers: KOP Financial Information:

Sales turnover

31.12.85 FMk'OOO 350,000

Principal Shareholders: Enso-Gutzeit Oy No of Employees: 741

TERVO SA OY PL 113, 80101 Joensuu 10 Tel: 973-24521 Telex: 55185 ojk sf


Sales turnover

THOMESTO OY PL 225, Etala Esplanadi 18, 00131 Helsinki 13 Tel: 90-170112 Telex: 124544 thorne sf

PRINCIPAL ACTIVITIES: Shipping company Financial Information:

Sales turnover


TIKKURILA OY PL 53, SF-01301 Vantaa Tel: 90-83091 Cable: Schildts Tikkurila Telex: 121335 tvseh sf

Chairman: Yrjo Pessi (PreSident of Kemira Oy)

31.12.86 FMk'OOO 400,000

FMk'OOO 400,000

FMk'OOO 800,000

Directors: Yrjo Sipila (Managing Director), Bo-Gustaf Bergh (Deputy Managing Director), Raimo Piirronen (Deputy Managing Director and Director of the Decorative Paints Group)

Senior Executives: Ari Juha Alvari (Materials Director), Vesa Aulanko (Director of the Industrial Coatings Group). Arto Koskinen (Administrative Director), Karl-Henrik Kvikant (Sales Director of the Industrial Coatings Group), Tom Nurmi (Production Director), Veikko Tolvanen (Technical Director)

PRINCIPAL ACTIVITIES: Manufacture of a wide range of paints, alkyd enamels, wood preservatives, laquers, thinners, coil

coating products, floor coatings, wall coatings and adhesives products

Parent Company: Kemira Oy Subsidiary Companies: Macpherson Pic; Tikkurila Holdings Ltd,

UK; Macpherson Europe BV, Netherlands; Dickursby Farg AB, Sweden; Oy Connector AB, Finland

Principal Bankers: Union Bank of Finland; Helsingin Saastopankki


Sales turnover 413,525 Profit before tax" 15,979 Profit after tax' 2,513 Retained profit 14,618 Dividends 2,160 Share capital 72.000 Shareholders funds 81,618 "and provisions

Principal Shareholders: Kemira Oy (100%) No of Employees: 767 (813 incl. temporary staff)

TS-YHTYMA Turun Sanomat Oy PL 95, 20101 Turku Tel: 921-693311 Telex: 62213 tusan sf Telefax: 921-693274

31.12.85 FMk'OOO 447,976 54,348 40,054 52,512

72,000 112.712

Board of Directors: Irja Ketonen (Chairman), Keijo Ketonen (Vice Chairman), Taru Kinnunen, Mikko Ketonen, Marja Ruola. Alternate Members of the Board: Hilja Ahtola. Eero Jarvela, Kerttu Lehtonen. Secretary of the Board: Jukka Kuntsi

Management: Irja Ketonen (General Manager), Keijo Ketonen (Managing Director), Mikko Ketonen (Vice Managing Director)

Senior Executives: Heikki Arvonen (Real Estate Administration). Seppo Peiponen (Developmental Activity). Matti Laiho (Data Processing), Jukka Kuntsi (Administration-Personnel Administration. Legal Affairs, Information Activities), Teemu Pellonpera (Economic Administration). Jarmo Virtanen (Material Administration)

PRINCIPAL ACTIVITIES: Newspaper publishing Trade Names: Turun Sanomat (newspaper. daily), Aamuset (City

paper), Polytypos (business forms). Serioffset (commercial printing)

Subsidiary Companies: Polytypos Oy; Tietojakelu Oy; Turun Tietotarjonta Oy (99.1%); Kiinteisto Oy Turun Kauppakortteli; Turun Tietolehdet Oy; Polytypos UK Marketing Ltd; Polytypos Svenska Datablanketter Ab (50%); Turun Tietokuva Oy; Lomaketehdas Oy; Uudenmaan Kirjapaino Oy (99.9%); ReproTime Oy (75%); Polytypos Data Product AG (Schweiz) (Switzerland); Polytypos ambH (West Germany)


Sales turnover Trading profit Profit (loss) for the period Group profit for the period Share capital Shareholders funds

30.9.84 FMk'OOO 461,336 40.287

2,475 2,688 8,100

39,700

30.9.85 FMk'OOO 383,953

16,310 (659) 423

8.100 39,700

No of Employees: 1.541 (filII time), 680 (newspaper carriers)

TUKKU OY Hankasuontie 10, 00390 Helsinki 39 Tel: 90-544622 Telex: 122841

Board of Directors: Hans Westerberg (Chairman)

PRINCIPAL ACTIVITIES: Wholesale trade in machinery; food

85


Sales turnover FMk'OOO 500.000


TUKKUKAUPPOJEN OY TUKO Fabianinkatu 23. 00130 Helsinki 13 Tel: 6191 Cable: Tuko Helsinki Telex: 122722 Tuko sf

Board of Directors: Pentti Kivinen (Chairman), Uolevi Manninen, Eero Isohanni. Jussi Pietila, Markku Alhava, Immo Laakso, Jarmo Kuurtokoski

PRINCIPAL ACTIVITIES: The central organisation of a nationwide food and non-food marketing system (The T Group); import of food. non-food articles and agricultural machines; mail order services (Anttila and Nova Mail Order); Department store trade (Anttila department stores)

Subsidiary Companies: Anttilan Postimyynti Oy (95%); ErvaLatvala Oy (99.9%); Hameenkylan Kauppiasopiston Kannatus Osakeyhtio (65%); Tukon Liikekiinteistot Oy; Kauppa ja Koti Oy

Financial Information: 31.12.84. 31.12.85 FMk'OOO FMk'OOO

Sales turnover 4,143,000 4,560,335 Profit before tax Profit after tax Retained profit Dividends Dividends per share Share capital Shareholders funds


TUKKUMANNIOY PL 7, 70701 Kuopio 70 Tel: 971-300111 Telex: 42434 manni sf

4,800 4,800 1,200 4.200 20%

21,000 18,200

PRINCIPAL ACTIVITIES: Wholesale trade including motor vehicles




TUOTANTO,OSUUSKAUPPA, PL 130, 33101 Tampere 10 Tel: 931-38222

1984/85 FMk'OOO

1,340,381 13,390

PRINCIPAL ACTIVITIES: Retail trade in food through supermarkets; hotel and restaurant interests


Sales turnover


FMk'OOO 700.000

TUOTTAJAIN LlNHAKESKUSKUNTA Vanha talvlte 5, PL 7, 00501 Helsinki 50 Tel: 90-717911 Cable: Lihakeskus Telex: 12813

Board of Directors: Erkki Horelli (Chairman)

60,430 60,430

1,505 5.230 25%

21,000 13,431

PRINCIPAL ACTIVITIES: Trade in poultry and livestock; import and trade in fruit and vegetables; manufacture of a wide range of meat products


Sales turnover


FMk'OOO 2,000,000

TUOTT AJAIN MAITO, OSUUSKUNTA, PL 116, 11101 Riihimaki Tel: 914-35035 Telex: 15269 tuoma sf

Board of Directors: Ake Almiala (Chairman) Management: Jukka R Heino (Managing Director), Pentti

Paloranta, Juhani Eskola, Iivo Heinila, Hannu Sipila, Pentti Sorvari, Kalevi Torvinen, Juhani Tynjala

PRINCIPAL ACTIVITIES: Manufacture of dairy products Financial Information:

Sales turnover Profit before tax Profit after tax Retained profit Dividend Dividend per share Cooperative capital


TURKISTUOTTAJAT OY

Finnish Fur Sales Co Ltd PL 4, SF-01601 Vantaa 61 Tel: 358-0-84981 Cable: finnfur Telex: 124786 fur sf

1984 FMk'OOO 316,700

2,107 821

10,465 768

5FMk 7,624

1985 FMk'Ooo 324,276

2,207 942

10,714 877

6FMk 7,327

Management: Juhani Moisander (General Manager)

PRINCIPAL ACTIVITIES: Fur auctions; export of fur skins Financial Information:


Shareholders: Fur Farmers No of Employees: 135

TURO OY Box 86, 70701 Kuopio Tel: 71-220 233 Telex: 42193 turo sf Telefax: 71-221 340

1984 FMk'OOO

1,504,000 12,500

Board of Directors: Eino Rasanen (Chairman), Urpo Ratia, Pauli Satuli, Heikki Taskinen, Matti Timonen

Management: Veijo Saaski (Managing Director), Jussi Koivisto (Executive Director), Lauri Ahonen (Technical Director), Esko Kirjavainen (Marketing Director)

PRINCIPAL ACTIVITIES: Clothing factory Trade Names: Turo Business Class, Venturo, Ceci, Turo Subsidiary Companies: Turo (UK) Ltd Principal Bankers: Union Bank of Finland Financial Information:



TURUN OSUUSKAUPPA Eerikinkatu 11, 20100 Turku 10 Tel: 921-332311 Telex: 62461 oktku sf

1984 FMk'Ooo 247,940

12,000

Management: Armas Tasa (General Manager)

1985 FMk'OOO 244,390

12,000

86

PRINCIPAL ACTIVITIES: Wholesale and retail trade in general merchandise; hotels, restaurants and leisure interests


Sales turnover


UNION BANK OF FINLAND LTD PO Box 868, SF-0010l Helsinki 10 Tel: + 358 0 1651 Cable: UNITAS; SWIFT: UNITFIHH

FMk'OOO 700,000

Telex: 124407 unit sf (general); 124525 unex sf (foreign exchange); 122161 unep sf (eurobonds)

Board of Management: Mika Tiivola (Chairman and Chief Executive), Ahti Hirvonen (Chief General Manager and Chief Operating Officer), Paavo Laitinen (Deputy Chief General Manager), Kurt Stenvall (Deputy Chief General Manager) Erik Stadigh (Deputy Chief General Manager), Niilo Pellonmaa (General Manager), Lauri Suomela (General Manager), Jaakko lioniemi (General Manager), Markku Mikkola (General Manager), Sakari Haukka (General Manager), Sven-Erik Rindell (General Manager), Mauri Jaakkola (Deputy General Manager), Eero Pynnonen (Deputy General Manager). Risto Wartiovaara (Deputy General Manager), Christer Ekman (Deputy General Manager), Kalevi Kontinen (Deputy General Manager), Bjorn Wahlroos (Deputy General Manager), Bo Harald (Deputy General Manager). Ari Laakso (Deputy General Manager)

International Division Management: Henrik von Fieandt (Assistant General Manager, Correspondent Banking. International Network and Financial Control). Bjorn Ekman (Assistant General Manager. Foreign Exchange Division). Carl-Johan Granvik (Assistant General Manager, International Capital Markets). Harri Hollman (ASSistant General Manager. International Capital Markets), Mikael Planting (ASSistant General Manager, International Business Promotion). Risto Vaarama (Assistant General Manager. International Corporate and Documentary Credits)

Departments: Area Management: Area 1: Ingmar Silfvast (Manager USA, Canada. Great Britain. Ireland), John Lindholm (Area Manager). Area 2: Jarmo Bergman (Manager Federal Republic of Germany. German Democratic Republic, Switzerland. Austria, France. Benelux Countries, Turkey. Greece, Malta. Cyprus, Israel). Martin Bjorkbom (Area Manager). Area 3: Esa Linna (Manager Latin America, Spain. Portugal, Italy, Africa). John Krogius (Area Manager Near East, Middle East. Asia. Australasia), Anders Backman (Area Manager). CMEA Countries: Vesa Turtiainen (Manager). Documentary Collections: Svante Aim (Manager). Documentary Credits: Jaakko Riuttamaki (Manager). Export Credits: Jorma Linko. Foreign Correspondence and Communications: Valerie Vainonen (Manager). Foreign Currency Cashier: Marjatta Rantala. Foreign Exchange Regulations and Travellers Foreign EXChange: Torsten Almquist (Manager). International Capital Markets: Carl-Johan Granvik (ASSistant General Manager), Harri Hollman (ASSistant General Manager). Mariti Manner (Manager). International Corporate and Documentary Credits: Risto Vaarama (ASSistant General Manager). International Corporate Trading: Maarit Nakyva (Manager). International Credits: Kari Kangas (Manager). International Funding: Fanny Borgstrom (Manager). International Network: Paivi Suksi (Manager). International Network and Administration, International Payments: Pentti Kaistinen (Manager). International Securities: Thomas Begley (ASSistant Manager). International Trading: Ingmar Ehrman (Foreign Exchange Manager). Short-Term International Credits: Tuomo Ropponen (Manager)

PRINCIPAL ACTIVITIES: All banking activities SubSidiary Companies: Finnish Corporate Finance Ltd; Union

Bank of Finland International SA (Luxembourg); LeaseFinance Luxembourg SA (Luxembourg); Union Bank of

Finland (Singapore) Ltd (Singapore); American Scandinavian Banking Corporation (New York); Union Bank of Finland (Bahamas) Ltd; Industrial Bank of Finland Ltd; Finnish Credit Card Ltd; Customer Finance Ltd; Union Bank of Finland (France) SA; Unitas Ltd


31.12.84

FMk'ooo



Retained profit (loss) 18,000

Dividends 189,000

Dividends per A share 1.40FMk

Dividends per B share 1.10FMk

Dividends per C share

Earnings per A share 1.49FMk

Earnings per B share 1.14FMk

Share capital 1,800,000

Shareholders funds 2,692,000

Deposits 52,336,000

Total assets 60,982,000


UNION-OLJY, OY, AB Nuijamiastentie 5, 00400 Helsinki 40

Tel: 90-580 51

Cable: Oilunion

Telex: 121675

Chairman: Pekka Linnainmaa

Directors: Aulis Lindell (Managing Director)

31.12.85

FMk'OOO

831,000

261,000

(2,000)

263,000

1.40FMk

1.10FMk

1.40FMk

3.25FMk

1.95FMk

2,000,000

3,657,000

73,626,000

89,228,000

PRINCIPAL ACTIVITIES: Trade in petrol, fuel oils, industrial oils and greases, chemicals. Network of 351 service stations covering the whole country

Parent Company: Oy Union-Yhtymi Ab

Subsidiary Companies: Scanheat Oy Financial Information:

Sales turnover

Profit before tax

Profit after tax

Retained profit

Earnings per share Share capital

Shareholders funds


VALINTATALO OY PL 176,00121 Helsinki 12 Tel: 90-602622

Telex: 121637 eurom sf

Chairman: Jorma Ihatsu

31.12.84

FMk'ooo

(12 mths)

2,520,979

12,209

7,782

7,491

3,891FMk 10,000 7,491

Directors: Arto Seppi (Managing Director)

Senior Executives: Sakari Lahti (Commercial Director)

31.3.86

FMk'OOO

(15 mths)

3,515,611

3,402

3,402

6,161

1 ,701 FMk 10,000

6,161

PRINCIPAL ACTIVITIES: General trade in food products, cosmetics, shoes, clothing, toys, household articles, records and tapes

Parent Company: Euromarket Ltd Oy

Subsidiary Companies: Espoon V-talo Oy; Aleksi 13 Oy; Turun Vanu Oy

Principal Bankers: Union Bank of Finland

87


Sales turnover" "including Valintatalo Oy

Valintatalo shops in Helsinki area & Espoon V-talo Oy-Valintatalo shops outside Helsinki area

FINLAND

1984 FMk'OOO

1,000,000

1985 FMk'OOO

1,192,967

No of Employees: 1,882 (Valintatalo Oy & Espoon V-talo Oy)

VAllO MEIJERIEN KESKUSOSUUSLlIKE Valio Finnish Cooperative Dairies' Association Meijeritie 6, 00370 Helsinki 37 Tel: 90-5681 Cable: Valio Helsinki Telex: 123427 valio sf Telefax: 5621 50 68

Chairman: likka Haka (also Managing Director) Directors: Matti Uusitalo (1 st Vice Chairman and Deputy

Managing Director), Juhani Rinta (2nd Vice Chairman, Farmer Member), Reijo Lehtonen (Administrative Director), Matti Rekola (Production Director)

Senior Executives: Mauno Rintanen (Director, Export Department), Erkki Kinnunen (Director, Industrial Department), Esko Hukari (Director, Interorganizational Relations Department), Ari Saarinen (Director, Marketing Department), Antti Luhtala (Director, Production Department), Pekka Yrjanheikki (Director, Technical Department), Heikki Halkilahti (Director, Administrative Department, Board Secretary), Kari Salminen (Director, Research and Development Department)

PRINCIPAL ACTIVITIES: Production, wholesale and export of milk and dairy products

Trade Names: Valio Parent Company: Kalayhtymi Oy; Kuivamaito Oy; Valioteknikka

Oy Financial Information:

Sales turnover


VALMET CORPORATION Punanotkonkatu 2, POB 155, 00131 Helsinki Tel: +358-0-13291 cable: Valmet Telex: 124427 valp sf Telefax: +358-0-179 677

31.8.86 FMk'OOO

6,356,300

Board of Directors: Matti Kankaanpaa (President and Chief Executive Officer), Hans Andersin, Pertti Nauiapaa (Vice President), Jori Pesonen (Vice President), Ahti Karasto (Executive Vice President), Mauri Jaakonaho (Vice President, Finance), Hannu Vapaamies (Executive Vice President)

Operating Groups: Jori Pesonen (Group Chief Executive Paper Machinery Group, Corporate Vice President), Kari Airaksinen (Group Chief Executive Shipbuilding Group, Corporate Vice President), Juhani Rouhesmaa (Group Chief Executive Automation Group, Corporate Vice President), Heikki Mintyli (Group Chief Executive Defense Equipment Group, Corporate Vice President), Arjo Anttila (Group Chief Executive Transportation Equipment Group, Corporate Vice President), Pertti Naulapii (Group Chief Executive Tractor Group, Corporate Vice President), Kyosti Kaitila (PreSident Val met do Brasil)

PRINCIPAL ACTIVITIES: All parent company units and subsidiaries are organized into six groups: Paper Machinery, Shipbuilding, Automation, Defence Equipment, Transportation Equipment and Tractor Groups. Their main product lines include paper and pulp machines, machinery for the

FINLAND mechanical woodprocessing industry, power transmission machinery, air conditioning, steel structures, foundry products, ships, ship repairs, building units, instruments and control systems for industrial automation, measuring equipment, hospital equipment, data processing products, arms and ammunition, aircraft, railway rolling stock, materials handling equipment, elevators, combustion engines, machine tools, tractors, logging equipment and snowmobiles

Subsidiary Companies and Affiliates: Paper Machinery Group:Rautpohja; Paper Machine Division; Gear Division; Foundry; Technical Service; Pansio Works; Loimaa Works; ValmetKMW Ab (Sweden); Valmet-KMW Inc (USA); TVW Paper Machine Group Oy; TVW Paper Machinery Ltd (UK); TVW Paper Machinery Pty Ltd (Australia); TVW Paper Machines, Inc. (USA); Valmet-Dominion Inc. (Canada); TVW Papiermaschinen GmbH (Germany); Ateliers de Constructions Allimand (France). Shipbuilding Group:- Helsinki Shipyard; Kotka Shipyard; Valmetin Laivateollisuus Oy; Intec Engineering Inc. (USA). Automation Group:- Valmet Data Oy; Multidata Corp; Oy Facit Ab; Oy Edacom Ab; Valmet Automation Projects Ltd; Valmet Process Automation; Meter Works; Oy DAVA AB; Procons Ltd; Procons Ltd CAD/CAM Division; Kajaani Electronics Ltd; Valmet Automation AB (Sweden); Valmet Automation (Denmark); Valmet Automation a.s (Norway); Valmet Automation bv (Netherlands); Valmet Automation a.s. (South Korea); Valmet Automation bv (Belgium); Valmet Automation GmbH (Germany); Valmet Automation Ges.m.b.H. (Austria); Valmet Automation Inc. (USA); Valmet Automation Inc. (Canada); Kajaani Inc. Automation (USA); Kalaani Inc. Automation (Canada); Kajaani GmbH Automation (Germany); Impact Systems Inc. (USA). Defence Equipment Group:- Tourula Works; Valmet Inc., Sporting Goods Division (USA); Kuorevesi Works. Transportation Equipment Group:- Tampere Works; Railway DiviSion; Valmet Materials Handling Ltd; Materials Handling Equipment Division; Valmet Inc., Materials Handling Equipment Division (USA); Linnavuori Works; Factory Automation. Tractor Group:- Tractor Works; Velsa Oy; UmeA Mekaniska AB (Sweden); Nordtrac Ltd; Ockelbo Industri AB (Sweden); Scantrac AB (Sweden); Scantrac Danmark A/S (Denmark); Scantrac Norge A/S (Norway); Nordisk Hymas AB (Sweden); A/S Hymas (Norway); Hydro Cylinder Nord A/S (Denmark); Valtra Oy; Trama Ltd (Tanzania). Valmet do Brasil SA (Brazil). Other Companies:- Valmet, Inc. (USA); Oy SaabValmet Ab (50%); Oy Scan-Auto Ab (50%)

Financial Information: 31.12.84 31.12.85 FMk'Ooo FMk'OOO

Net sales turnover 6,004,458 6,088,110

Profit before tax· 575,338 351,560

Profit after tax· 91,199 107,362

Earnings per share 99.89FMk 68.20FMk

Capital stock 410,787 410,787


·and allocations to reserves

Principal Shareholders: Finnish State (99.4%) No of Employees: 17,143 Group, 10,203 Parent Company

VALTAMERIOY PL 21, 00661 Helsinki 66 Tel: 90-742011 Telex: 124449

Chairman: Kauko Kuosmanen Directors: Erkki Hamalainen (Managing Director), Juha

Kuosmanen (Administrative Director), LaSH Wikman (Director Tube and Metal Group), ReijO Rantanen (International Trading), Pekka Koivusaari (Director, Technical Group), Vesa Kauppinen (Director Financing)

PRINCIPAL ACTIVITIES: Trade in food including meat, frozen foods, grain, spices, coffee, tea, textiles, chemicals, leather goods, tubes, steel sheets, machinery, packaging, equipment

88

for pulp and paper Industry, equipment for shipbuilding industry, iron, steel and non ferrous metals·

Subsidiary Companies: Valtamatic oy; Valtamast Osakeyhtio; Metallikontiuri Oy

Principal Bankers: The Union Bank of Finland Financial Information:

Sales turnover Profit before tax Profit after tax Dividends

31.12.84 FMk'Ooo 421,870

31.12.85 FMk'Ooo 467,815

6,356 2,960 1,095

7,690 3,567 1,095

Dividends per share Share capital

1.5OFMk 7,300

1.8OFMk 7,300

Principal Shareholders: Kauko Kuosmanen and Family No of Employees: 245

VALTION HANKINTAKESKUS Government Procurement Centre PB 108, Valimotie 25-27, SF-00381 Helsinki 38 Tel: 3580-56021 Cabl8: Hankvalt Helsinki Tel8x: 12-1084 vhk sf

Board of Directors: Hannu Karkkainen (Chief Director), Timo Vainio (Commercial Director), Antti Sarkio (Administrational Director)

Management: Karl Hoikkala (PurchaSing Manager purchases of office machines, stationery and educational articles), Heikki Kuurne (Purchasing Manager purchases of machines, tools, materials and implements for construction, chemical products), Simo Melin (Purchasing Manager purchases of motor vehicles, fuel and lubricants, import and export activities), Timo Soikkeli (Purchasing Manager purchases for hospitals and public household)

PRINCIPAL ACTIVITIES: PubliC procurement purchase, warehousing and wholesaling of goods and commodities for the needs of governmental and municipal offices and institutions in Finland

Principal Bankers: Post Office Bank of Finland Financial Information:

Sales turnover


VALTION VILJAVARASTO Stenbackinkatu 26, PL 121, 0025 Helsinki 25 Tel: 90-413400 Cable: Viljavarasto Tel8x: 1212705

FMk'ooo 2,000,000

Management: Urpo Hoikkala (Managing Director)

PRINCIPAL ACTIVITIES: Trade in agricultural products; export of seeds, grain and fodder; warehousing


Sales turnover


VALTIONRAUTATIET Finnish State Railways

FMk'ooO 600,000

Vilhonkatu 13, PO Box 488, SF-00101 Helsinki 10 Tel: int+3580-7071 Cable: Valtraut Tel8x: 12301151 VRSF Te/efax: 707 3700

Board of Directors: Herbert Romer, Pertti Lattunen, Panu Haapala, Erkki Tattari, Veikko Vaikkenen, Pentti Riipola, Juhani Kopperl

Management: Arto Rautio (Freight Services Director), Erkki Nieminen (Passenger Services Director)

PRINCIPAL ACTIVITIES: Rail transport services Financial Information:

Sales turnover


VAPO OY PO Box 22, SF-40101 Jyvaskyla Tel: +358 41 617 680 Cable: Vapo, Jyvaskyla Telex: 28377 va pop sf

1984 FMk'OOO

2,724,700

1985 FMk'OOO

2,978,200

Supervisory Board: Erik Olander, Aarne Heikkila, Eino Heiskanen. Aapo Saari, Pentti Heikkila, Tuulikki Hamalainen, Pekka Korpinen. Pekka Lappanen, Rune Holmstrom, Helena Pesola, Helge Saarikoski, Kari Wallenius, Paavo Vesterinen

Board of Directors: Juhani Arppe, Karl Mutka, Raimo Rantala. IIkka Niemi, Taisto Turunen

Management: Juhani Arppe (Managing Director), Kari Mutka (Deputy Managing Director)

PRINCIPAL ACTIVITIES: Fuel peat production; horticultural peat production; sawmill industry

Subsidiary Companies: Peatrex Ltd (USA); Rantaperkoon Puu Oy


Sales turnover 720,000 Profit before tax 11,600 Profit after tax 8,100 Dividends 8,000 Share capital 100,000

Principal Shareholders: Finnish State (100%) No of Employees: 2,100

VEHNA OY AB 21200 Raisio Tel: 35821 - 780311 Telex: 62236 rate sf

31.12.85 FMk'OOO 837,000

14,725 10,600 10,000

100,000

Board of Directors: Eeri Hyrkko (Chairman), Esq Halonen (Chief Executive), Jukka Maki, Harri Rennes, Jarmo Laaksonheimo, Matti Salminen, Pentti Heikonen, Kai Hannus, Matti Soupas, Hannu Suominen, Hannu Maunula

Management: Esa Halonen (Chief Executive) Senior Executives: Heikki Siintola (Director of Foreign Trade)

PRINCIPAL ACTIVITIES: Cereal products including rice, wheat, barley, oats and rye; malts from wheat, barley and rye; mixed fodder; chemicals for paper industry

Parent Company: Part of the Raision Tehtaat Group Subsidiary Companies: Raisio US Inc (50%); Hameen Peruna

Oy (50%); Oy Kationi Ab (50%); Jylharaisio Oy (49%); SLMKunnossapito Oy (30%); Viher-Rehu Oy (38.5%); Raisio SLR Ab (25%); Defin Starhe-Derivat GmbH (50%); Margariini Oy (13.9%)

Principal Bankers: Skopbank; Okobank; Union Bank of Finland Financial Information:

1984 1985 FMk'OOO FMk'OOO

Sales turnover 982,274 1,030,083 Profit before tax 6,355 5,821 Profit after tax 3,161 3,245 Dividends 3,120 3,120 Dividends per share 1.20FMk 1.20FMk Earnings per share 66.28FMk 21.51FMk Share capital 26,000 26,000

Principal Shareholders: Finnish farmers-9,988 shareholders in total


89

FINLAND VEHO,OY,AB Salomonkatu 17 B, PO Box 10158, 00101 Helsinki 10 Tel: 69541 Cable: Veho Helsinki Telex: 124842 vhhel sf

Board of Directors: Dieter Aminoff (Chairman), Johannes Cederberg, Kaj Lybeck, Erik Ronnberg, Lasse J Salonen, Dag S6derblom, Juha Voittis, Kimmo Koiso-Kanttila, Stefan Soderholm, Bengt Carlson, Kari Kukkasniemi

PRINCIPAL ACTIVITIES: Importing; wholesale; retail Trade Names: Mercedes-Benz, BMW, Honda, Avon (tyres) Subsidiary Companies: In HelSinki, Kajaani, Kokkola, Kouvola,

Lappeenranta, Pori, Tampere and Raisio (Turku) Principal Bankers: The Union Bank of Finland Financial Information:

Sales turnover


VEITSILUOTO OY SF-94830 Kemi Tel: (980) 8141 Cable: Veitsiluoto, Kemi Telex: 3614 vto sf; 3633 fenia sf; 3636 vpa sf Telefax: (980) 814879; 814560

1984 FMk'OOO

1,718,000

Supervisory Board: Jaakko Pajula (Chairman), Pentti Sahi (Vice Chairman), Timo Alhos, Mikko Ekorre, Harri Holkeri, Lauri Impio, P W Jokinen, Markku Kauppinen, Martti Lahtela, Eino Malinen, Aimo Nikupeteri, Henry Olander, Taisto Tahkamaa. Staff representatives: Eino Hiukka, Maria Rajanen, Asko Mattila

Board of Directors: Pentti 0 Rautalahti (Chairman and Managing Director), Antti V Pitkanen (Vice Chairman and Deputy Managing Director), Pentti Juvakka (Paper Division Director), Junno Laanti (Basic Industry Director), Eino Ravaska (Technical Director)

PRINCIPAL ACTIVITIES: Forestry, saw mills, chemical pulp, paper

Trade Names: Fennia, Fenn, Fnna, LAPPONIA Pine, LAPPONIA Birch, LUMI Pine, LUM, Birch, Lumiblade, Luminova, Lumidata, Lumiwrite, Lumiprint, Lumicopy

Subsidiary Companies: (100% owned unless stated): As Oy Kemin Rytikatu 8-10 (68.56%); As Oy Metsavanttaus; As Oy Pyykonkatu (92.12%); As Oy Rytikarin Takaranta (50%); As Oy Taivalveitsi; Oy Kalliokoski; Kiinteisto Oy Hepolanrivit (99.62%); Kiinteisto Oy liveitsi (99.78%); Kiinteisto Oy Karipaa 2 (97.89%); Kiinteisto Oy Karunginveitsi (99.72%); Kiinteisto Oy Keloveitsi (99.80%); Kiinteisto Oy Kitkanveitsi (99.71%); Kiinteisto Oy Koillisveitsi (99.80%); Kiinteisto Oy Kurenveitsi (99.80%); Kiinteisto Oy Kuusikonrivit; Kiinteisto Oy Laurilanveitsi (99.78%); Kiinteisto Oy Meltosveitsi (99.71 %); Kiinteisto Oy Metsameltaus (99.73%); Kiinteisto Oy Pelkosveitsi (99.82%); Kiinteisto Oy Pellonveitsi (99.77%); Kiinteisto Oy Rytitornit (99.72%); Kiinteisto Oy Sallanveitsi (99.82%); Kiinteisto Oy Teponrivit (99.96%); Kiinteisto Oy Veitsikaira (99.71%); Lumi Paper Corporation (51%) (Australia); Veitsiluodon Kiinteistonhuolto Oy (30%)


Sales turnover Profit after tax Retained profit Dividends Share capital Shareholders equity

31.12.84 FMk'OOO

2,133,600 14,910 14,920

880 185,110 366,660

31.12.85 FMk'OOO

1,870,960 17,780 17,780 14,140

202,000 387,190

Principal Shareholders: Finnish Government (88.8%); Social Insurance Institution (11.2%); Private individuals and corporations (23 shareholders) (0.0004%)


FINLAND

VESTO OY Henry Fordinkatu 5F, 00150 Helsinki 15 Tel: 90-171556 Telex: 124931 vesto sf


Sales turnover


VOLVO-AUTO OY AB Taivaltie 1, SF-06101 Vantaa 61 Tel: 90-53051 Cable: Volvoauto Telex: 124736 volvo sf

FMk'OOO 350,000

Directors: Rolf Ehrnrooth (Managing Director), Tore Baeckstroem (Administrative Director), Rainer Nyman (Trucks), Reino Kurki (Cars)

PRINCIPAL ACTIVITIES: Import and distribution of Volvo motor vehicles and components; wholesale and retail cars, trucks, buses, loaders, industrial and marine engines and hydraulics

Parent Company: AB Volvo, Gothenburg, Sweden Financial Information:

Sales turnover Profit before tax Profit after tax and disp Share capital


VV-AUTO OY PL 80, 00811 Helsinki Tel: 90-75831 Telex: 121687 vwosa sf

1984 FMk'OOO

1,174,509 30,745 13,289 65,500

1985 FMk'OOO

1,329,438 32,803 14,122 65,500

PRINCIPAL ACTIVITIES: Import and sale of motor vehicles and spare parts


Sales turnover


WARTSILA, OY, AB PL 230, SF-00101 Helsinki 10 Tel: 90-70951 Cable: Wartsila-Helsinki Telex: 124623 whki sf

FMk'OOO 550,000

Board of Directors: Tankmar Horn (Chairman), Henrik Nybergh (Vice Chairman), J von Fieandt, Jaakko Honko, Pentti Uusvirta, Pekka Jauho, Jaako Ihamuotila, Tor Stolpe, Casimir Ehrnrooth. Deputies: Christian Landtman, Carolus Rosenlew. Secretary: Kauno G Honkanen

Board of Management: Tankmar Horn (Chairman), Tor Stolpe (Vice Chairman), Svante Norrby. Deputies: Sven Bertlin, Klaus Gronbiirj, Ari Valjakka. Secretary: Kauno G Honkanen

PRINCIPAL ACTIVITIES: Shipbuilding, diesel engines for marine and power plant use, paper finishing machinery, locks and security products, sanitary porcelain, vacuum sewage systems; ceramics and glass

Trade Names: ARABIA NUUTAJARVI, RORSTRAND, ABLOY, TrioVing, BODA, ANCHOR

SubSidiary Companies: ABLOY Locking Devices Ltd (UK); Anchor Eskilstuna AB (Sweden); ARABIA GmbH (Germany); 100 AB (Sweden); Ifo Sanitar AB (Sweden); Fastighets AB Pressarna (Sweden); Envirovac SAED SARL (France); Envirovac Systems (The Netherlands); Envirovac Inc (USA); Envirovac Inc (Canada); Evak Kanalisations GmbH (Germany); Nippon Wartsila Diesel Co Ltd (Japan); Rorstrand AB (Sweden); TrioVing as (Norway); VingCard Systems Inc (USA);

90

VingCard Systems (UK) Ltd (UK); VingCard Systems SA (France); Wartsila Inc (USA); Wartsila-Appleton Inc (USA); Wartsila Arctic Inc (Canada); Wartsila Diesel BV (Netherlands); Wartsila Diesel Ltd (UK); Wartsila Diesel Normed SA (France); Wartsila Finance Ltd (Bermuda); Wartsila Power Singapore (Pte) Ltd (Singapore); Wartsila Security A/S (Denmark); Wartsila Security Inc (USA); Wartsila Security Singapore (Pte) Ltd (Singapore); Wartsila-Strecker GmbH (Germany); Wartsila Diesel AB (Sweden); Wartsilii Diesel Inc (USA); Wartsila Diesel GmbH (Germany); Wartsilii Diesel A/S (Norway); E-Vak Vacuum Systems (Sweden); Porsgrund VVS A/S (Norway); Wartsila TimeTech AB (Sweden); Designor as (Norway); Designor AB (Sweden); Designor A/S (Denmark); Oy WPCeramics Ltd (Finland); GCA Industrial Systems Group (USA); Wiirtsila Automation Oy Ab (Finland); Wiirtsilii Wichmann Diesel AS (Norway); Lindholmen Motor AB (Sweden); Wiirtsilii Automation Inc (USA)

Principal Bankers: Union Bank of Finland Ltd Financial Information:

31.12.84 FMk'OOO

Sales turnover 6,243,000 Profit before tax 752,000 Profit after tax 723,000 Retained profit 111,000 Dividends 76,000 Dividends per share 7.80FMk Earnings per share 49.00FMk Share capital 584,000 Shareholders funds 1,382,000

31.12.85 FMk'OOO

5,546,000 242,000 229,000 235,000

76,000 7.80FMk

42.ooFMk 584,000

1,501,000

Principal Shareholders: The Brita Maria Renlun Foundation (3.5%); Patria Reinsurance Company Ltd (1.9%); Pension Insurance Company IImarinen Ltd (1.9%); Wiirtsila Mutual Insurance Company (2.1%); Oy Mandatum Ab (1.9%); The Abo Akademi Foundation (1.9%); Employers' Association of the Finnish Metal Industries (1.9%); The Sigrid Juselius Foundation (1.6%); The Signe and Ane Gyllenberg Foundation (1.5%); Samfundet FolkhSisan i svenska Finland (1.1 %)


WERNER SODERSTROM OV See SODERSTROM, WERNER, OY

WIHURIOV Wihurinaukio 2, SF-00570 Helsinki 57 Tel: 358-0-688041 Telex: 12-1273 wihur sf

Board of Directors: Kerppo K Kankaanranta (Chairman), Antti Aarnio-Wihuri, Mrs Marjatta Aarnio-Wihuri, Heikki Bachmann, Matti Hurme, Kejo Ketonen, Mrs Rakel Wihuri

Internal Board of Directors: Juhani Leppanen (President), Mikko Myllylii (Vice President Finance), Aarno Lyytikainen, Paavo Pietilii, Hannu Syrjanen, Olav Lindstrom, Arvo Lehtola

Senior Executives: Pekka Akkanen (Controller), Jyrki Rantala (Treasurer)

PRINCIPAL ACTIVITIES: Wholesale consumer goods; agents for hand tools, power tools, car accessories and spare parts; wallpaper factory; manufacture of food and hospital packaging materials; import and marketing company for earthmoving and construction maChinery

Trade Names: Wihuri Oy Aarnio, Wihuri Oy Autola, Wihuri Oy Sandudd, Wihuri Oy Wipak, Wihuri Oy Witraktor

Subsidiary Companies: (100% owned unless stated): Winpak Ltd (77.1%) (Canada) Greencrown Packaging Ltd (99.9%) (UK); Sandudd Interior Ab (Sweden); Wihuri Ab Wipak (Sweden); Wipak b.v. (Netherlands); Wipak Gryspeert SA (74.9%) (France); So.Fi.Ge.Lys SA (74.9%) (France); Wipak Verpackungen GmbH (West Germany); Wipak Far East Ltd (Hong Kong); Valintapiste Oy (99.9%); Seiskamarket Oy (99.9%)

Principal Bankers: Kansallis-Osake-Pankki


Sales turnover Profit before tax(l) Profit for the period Dividends(2) Share capital Shareholders equity (l)and appropriations (2)Parent Company

31.12.84 FMk'OOO

1,383,210 33,029 11,196 2,700

27,000 103,461

31.12.85 FMk'OOO

1,450,441 34,724 10,107 3,600

36,000 103,172

Principal Shareholders: Antti Aarnio-Wihuri; The Jenny and Antti Wihuri Foundation

No of Employees: 1,063 (Parent Company); 1,518 (Group)

WIIK & HOGLUND (GROUP) PL 21, 65101 Vaasa 10 Tel: +358-61-152 222 Cable: Wiikhoeglund Telex: 7512 Whj

Chairman: Henrik Haglund Directors: H Smeds (Managing Director) Senior Executives: Klas Damsten

PRINCIPAL ACTIVIT1ES: Manufacture of plastic products Trade Names: FRIC-Film, Wehotherm, Wehotek, Wehotett, PE-

PP-pipes, building profiles, PVC-foils Parent Company: Oy Wiik & Hoglund Ab Subsidiary Companies: In Finland, Canada, Norway, Denmark,

Sweden, UK, West Germany and Thailand Principal Bankers: Union Bank of Finland Ltd; Bank of Helsinki

Ltd Financial Information:

1984 1985 FMk'OOO FMk'ooO

Sales turnover 514,700 463,316 Profit before tax 3,383 12,350 Profit after tax 405 12,333 Retained profit 13,443 21,466 Dividends 1,512 Dividends per share 27.00FMk Earnings per share 25.90FMk 380.40FMk Share capital Shareholders funds

Principal Shareholders: Oy Keppo Ab No of Employees: 1,076

W.ROSENLEW LTD See ROSEN LEW, W., LTD

WUORIO, OTTO, OY

18,000 29,679

Kutomotie 16-18E, PL 39,00381 Helsinki 38 Tel: 90-558011 Telex: 122386 otrio sf

Senior Executives: Timo Siiiiksvuori


Principal Bankers: Osuuspankkien Keskuspankki Oy Financial Information:

Sales turnover

Principal Shareholders: Otrio Oy No of Employees: 800

YHTYNEET KUVALEHDET OY PL 150. Hietalahdenr 13,00180 Helsinki 18 Tel: 90-18211 Telex: 121364 ykuva sf

FMk'Ooo 230,000

36,000 46,748

PRINCIPAL ACTlVIT1ES: Printing and publishing of periodicals

91


Sales turnover


YHTYNEET PAPERITEHTAAT OY United' Paper Mills ltd PO Box 40, 37601 Valkeakoski Tel: +358 37 7111 Cable: United Valkeakoski Telex: 22316 ypkh sf Telefax: +3583743122

FMk'OOO 260,000

Board of Directors: Jaakko Lassila (Chairman), Pentti Talonen (Deputy Chairman), Niilo Hakkarainen, Timo Laatunen, Olli Parola, Juhani Salminen, L J Jouhki

Management Board: Niilo Hakkarainen (Managing Director), Olli Parola (Deputy Managing Director), Ingmar Hiiggblom (Deputy Managing Director), Ismo Lepola, Juha Niemela, Jaakko Rislakki

PRINCIPAL ACTIVITIES: Pulp and paper manufacture; packaging and plastic film; manufacture of industrial equipment

Trade Names: Walki, Raflatac Subsidiary Companies: (100% owned unless stated): Dowdings

Ltd; Oy Foto-Set Ab (78.4%); Holisevan Saha Oy; Hunt & Broadhurst Ltd (80.11%); lives SA; Jylhiiraisio Oy (51%); Raflatac Ltd; Shotton Forestry Ltd (90%); Shotton Paper Company Ltd; Shotton Paper Company Construction Ltd; Oy Tilgmann Ab (98%); United Paper International GmbH; Valkeakosken Sanomat Oy (77.71%); Walki Converters Ltd; Walki GmbH; Walki Industries Ltd. Affiliated Companies: Oy Blomberg Ab (5.33%); Envases del Mediterraneo SA (10%); Envases de Papel de Canarias SA (50%); Envases del Sur SA (50%); Oy A E Erickson AB (17.04%); Finnminerals Oy (48%); Oy Grundstrom & Heinrichs Ab (50%); Hamina Oy (5.33%); Joutseno-Pulp Oy (40%); Kemijoki Oy (3.71%); Keriiyskuitu Oy (22.61%); Kotelo-Tuote Oy (50%); Oy Kotka Stevedoring (2.1%); Paperinkeriiys Oy (12.29%); Pohjolan Voima Oy (14.1%); Rauma-Repola Oy (0.64%); Oy Rauma Stevedoring Ltd (50%); Sisii-Suomi Oy (26.24%); Siikkivaline Oy (26.24%); Tampereen Kirjapaino Oy (5.39%); Teollisuuden Voima Oy (1.55%); Tyrvaan Voimaosakeyhtio (42.5%); Uusi Suomi Oy (2.81%)


Group sales turnover Profit before tax(l) Group profit Group dividends Dividends(2) Dividends per share(2) Earnings per share(2) Share capital Shareholders funds (l)and before appropriations (2)Parent Company

31.12.84 FMk'OOO

4,079,900 431,200 57,300 40,500 40,300 12FMk

100.30FMk 420,000 517,500

31.12.85 FMk'OOO

4,614,000 476,500 64,400 50,500 50,400 12FMk

109.41FMk 420,000 617,500

No of Employees: 9,568 Group; 8,334 Parent Company

YIT LTD GENERAL ENGINEERING AND CONTRACTING COMPANY Ratamestarink 12, 00520 Helsinki 52 Tel: (3580) 15051 Cable: Teknik Helsinki Telex: 121416 yit sf Telecopy: (3580) 1505282

Chairman: Kauko Maijala General Administration: Risto Varpula (Director, Financing) Senior Executives: Esko Makela (President), Mikko Rekola (Vice

President, Overseas Operations)

FINLAND PRINCIPAL ACTIVITIES: Building contractors; industrial

construction; construction of power plants; earthworks and hydraulic construction; water supply, wastewater treatment and process technology; painting works; renovations; industrial repair and upkeep works; electrical contracting

Parent Company: Perusyhtymii Oy Subsidiary Overseas Companies and Partnerships: YIT Espana

SA; Torrequebrada Golf Club, Malaga, Spain; Saudi Finnish Contracting Co Ltd (Safinco), Saudia Arabia, YIT-Sharjah Ltd, UAE

Principal Bankers: Union Bank of Finland Ltd Financial Information:



YLEISRADIO, OY, AB Kesiikatu 2, 00260 Helsinki 26 Tel: 90-441141

Board of Directors: Erkki Raatikainen

31.12.84 FMk'ooO 845,700

6,745 5,579

26,566 4,860

60FMk 69FMk 24,300 51,246

31.12.85 FMk'OOO

1,075,837 7,641 4,953

26,649 4,860

60FMk 61FMk 24,300 51,338

PRINCIPAL ACTIVITIES: Radio and television broadcasting Financial Information:

Sales turnover


YMPARISTO, OSUUSKAUPPA, PL 157,45101 Kouvola 10 Tel: 951-17751

FMk'OOO 900,000

Management: Veikko Niiranen (General Manager)

PRINCIPAL ACTIVITIES: Retail trade; wholesale general merchandise


Sales turnover


FMk'OOO 400,000

92

Major Companies of NORWAY

93

A/S NORCEM See NORCEM, AlS.

AARS.ETHER, BR0DR, A/S PO Box 305. 6001 Alesund Tel: (071) 23237 Cable: Baars Telex: 42333 baars n Telefax: 71-24770

Management: P Ludv Fladmark (Managing Director)

PRINCIPAL ACTIVITIES: Production of fish, fish products and fish oils

Principal Bankers: Den Norske Creditbank; Sunmersbanken A/S Financial Information:

Sales turnover


ACTINOR GROUP Sandakerveien 64, 0483 Oslo 4 Tel: +472 38 99 50 Telex: 74511 actin n Telefax: +472 579630

1984 NKr'OOO 650,000

Board of Directors: Ragnar Halvorsen (Chairman), Kare Moe, Emil Eriksrud, Terje Mikalsen, Harald Schjoldager, C K Rieber-Mohn jr, Knut Tjenneland, Erik J Schau, Kjell Ivar Moen

Management: Kare Moe (Managing Director), Erik Engebretsen (General Manager, Finance and Accounting), Rolv Leander Jonassen (General Manager, Business Development), Henry Tellsberg (General Manager, Personnel)

PRINCIPAL ACTIVITIES: Manufacturing; trade; oil business; transport including shipping; financing; pharmaceuticals; welding; ships' service

Parent Company: Actinor AS Subsidiary Companies: Nyegaard & Co A/S; Norweld AS; Unitor

Ships Service AS Financial Information:

Sales turnover Profit before tax Profit after tax Retained (deficit) Dividend Dividend per share Earnings per share Share capital Shareholders funds

Principal Shareholders: Hafslund AS No of Employees: 2,100

AFTENPOSTEN Akersgaten 51, 0180 Oslo 1 Tel: (02) 20 50 60 Telex: 71230

Chairman: Gunnar Gran Directors: Odd Boe, Egil Sundar

PRINCIPAL ACTIVITIES: Newspaper publishing Principal Bankers: Den Norske Creditbank Financial Information:

Sales turnover

No of Employees: 1 .800

31.12.85 NKr'OOO

1,723,000

31.12.84 NKr'OOO

1,598,188 156,267 129,570 (31,595) 26,020

4.50NKr 22.34NKr

144,557 315,079

31.12.86 NKr'OOO

2,060,000

95

NORWAY

AGRO FELLESSLAKTERI PO Box 40, 4033 Forus Tel: (04) 575 500 Cable: Fellessalget Telex: 40185

Chairman: Sigbjorn Schmidt Director: Terje Vareberg

PRINCIPAL ACTIVITIES: Cattle slaughtering and export of meat and hides; manufacture of meat products

Trade Names: Gilde and Goman Principal Bankers: Bendernes Bank A/S Financial Information:



31.12.84 NKr'OOO

1,277,664 13,441 9,231

AKER MEK VERKSTED A/S Akergruppen Dokkveien 1, N-0250 Oslo 2 Tel: +47 2 42 91 00 Cable: AKERS OSLO Telex: 71448 AKERS N

31.12.85 NKr'OOO

1,363,308 3,397 1,209

Board of Directors: K 0 Kran (Chairman), 0 K Christiansen (Vice Chairman), Sune Carlsson, Tomas Ericsson, Sveinung Huglen, K Dalemo, B Eidem, Sigmund Rervik, K Syversen

Management: President: Karl Glad (Finance, Accounting and Legal), Senior Vice Presidents: Tron Gerhardsen (Organisation, Communication and Public Affairs). Divisions: Engineering:- Herman Foss Ramstad (Executive Vice President): Fabrication:- Arne van der Hagen (Executive Vice PreSident). Contracting:- Kristian Rambjer (Executive Vice President)

PRINCIPAL ACTIVITIES: Engineering and management services for the offshore industry. Design and engineering of semisubmersible drilling rigs, fixed and floating production platforms, associated structures and facilities. Project management, offshore supervision and marine operations. Research and development work. Electrical and instrumentation contracting. Electrical equipment and systems. Design and fabrication of switchgear products. Management, engineering and total procurement services. Calibration, repair and maintenance. Base servies for the offshore industry with extensive quay facilities. Provision of outdoor storage facilities, warehouse and office space. Fabrication, maintenance and repair, including machine, welding, sand/gritblasting and painting shops. Quality control. Supply of oil field equipment and consumables.

Subsidiary Companies: Aker Engineering AlS; Aker Stord AlS; Aker Verdal A/S; Aker Contracting A/S; Aker Electro A/S; Aker Norsco A/S


Sales turnover Profit after tax Share capital


31.12.84 NKr'OOO

2,950,000 82,600 27,900

AKSJESELSKAPET KOSMOS See KOSMOS, AKSJESELSKAPET,

ANKERL0KKEN GRUPPEN A/S Lekketangen 12A, PO Box 145, 1301 Sandvika Tel: (02) 54 40 60 Telex: 78928 agrup n Telefax: (02) 544060

Board of Directors: Gunnar Giljarhus (Chairman)

31.12.85 NKr'OOO

2,880,000 130,200 111,600

NORWAY Management: H B Andresen, J Hjort, E Holter, 0 E Aaserud, 0

Noreng

PRINCIPAL ACTIVITIES: Shipbuilding and steel industry Subsidiary Companies: Ankerl0kken Metall-Industri AfS;

Ankerl0kken Marine A/S; Ankerl0kken Vertt Glommen A/S; Ankerl0kken Industrier A/S; Ankerl0kken Nye Vertt Flor0 A/S; Ankerl0kken Vertt F0rde A/S; Ankerl0kken Trading A/S; Ankerl0kken Maskin A/S

Principal Bankers: Kreditkassen


APOTHEKERNES LABORATORIUM A/S Harbitzalle 3, Postboks 158, Skoyen, 0212 Oslo 2 Tel: (02) 55 93 90 Cable: Algroup Telex: 71332 al n

Management: Einar W Sissener (Managing Director), F Gaustad, L Jacobsen, T H0yland, R Larem, A Scott Christiansen

PRINCIPAL ACTIVITIES: Pharmaceuticals, vitamins, antibiotics, agrochemicals; food products

Principal Bankers: Bergens Bank A/S Financial Information:

Sales turnover


ARDAL OG SUNNDAL VERK A.S. ASV S0rkedalsveien 6, 0302 Oslo 3 Tel: (02) 451515 Cable: Ardalverk Oslo Telex: 71093 asval n; 18474 alumi n

1984 NKr'OOO

1,361,186

Chairman of the Company Assembly: Reidar Engell Olsen Board of Directors: Per Etholm (Chairman), G Aasberg (Vice

Chairman), J Thorup, M Maren, A Svensson, K J Vab0, Dr P Brunsvig, M Tajet, T Saether

Management: Haakon Sandvold (PreSident)

PRINCIPAL ACTIVITIES: Production of primary aluminium and aluminium alloys; fabrication; mining and oil operations

Trade Names: Asv SubSidiary/Related Companies: H0yang Polaris a.s.;

Tubefabrikken a.s.; ASV-Nordisk Aluminium; lIS Aluminiumprofiler (50%); Alplanor a.s. (60%); Nordisk Feral a.s. (55%); A/SV Nyset-Steggje Kraft a.s.; Fundobygg a.s.; Fjellstrand a.s. (45%), Norway; Asv Danmark a/s; KI0verbiad Polaris a/s; Asv Danprofil a/s; Asv Tuber a/s; Asv ~olie a/s; Asv Flexibel a/s; Nordisk Aluminium als, Denmark; ASV Aluminium AB; Fundo Aluminium ab.; Nordiska Tubfabriken ab; Nya Skultuna Karl ab; Granges. Aluminium Feral, S"!eden; Century Aluminium Company Ltd; ASV Packaging Ltd; ASV Nordisk Aluminium Ltd, UK

Principal Bankers: Bergen Bank; Den norske Creditbank Financial Information:

31.12.84 NKr'OOO

Total operating revenue 5,796,500

Profit before tax 1,019,800



Dividends 104,00

Dividends per share 160NKr

Earnings per share 943NKr

Share capital 650,000 Shareholders funds 449,700

PrinCipal Shareholders: The Norwegian State No of Employees: 7,500

31.12.85 NKr'OOO

5,486,900 394,400 371,400 174,300 65,000

100NKr 322NKr 650,000 448,800

96

ASEA-PER KURE A/S Haslevn 50, 0575 Oslo 5 Tel: (02) 35 20 10 Cable: Kurem Telex: 71105

PRINCIPAL ACTIVITIES: Equipment for the generation and distribution of electricity including transformers

Parent Company: Asea AB, Sweden Financial Information:

Sales


ASPELIN-STORMBUlL A/S Postboks 64, Alnabru, N-0614 Oslo 6 Tel: (02) 30 50 65 Cable: Mercur Telex: 71341

1984 NKr'OOO 795,511

Board of Directors: Haakon Langballe (Chairman)

PRINCIPAL ACTIVITIES: Trade in steel, building materials and machinery


Sales turnover


ASTRUP H0YER A/S

1984 NKr'OOO

3.113,075

Ole Deviks vei 35, PO Box 6056, Etterstad, 0601 Oslo 6 Tel: (02) 64 60 00 Telefax: (02) 68 41 30 Telex: 19077 astau n

Chairman: Karl Glad Directors: Harald Norvik (Managing Director) Senior Executives: Sven Ove Faksvag, Eddy G Torp, Hans Chr.

Evensen, Torbj0rn Herre, Arne Reidar Vadheim, Halvor Stormoen, Petter Granli

PRINCIPAL ACTIVITIES: Construction industry Parent Company: Aker Mek. Verksted AIS SubSidiary Companies: Norwegian Contractors (33.33%);

Jernbeton A/S (100%) Principal Bankers: Den Norske Creditbank Financial Information:

Sales turnover Profit (loss) before tax Profit (loss) after tax

1984 NKr'OOO

1,896,000 35,000 31,000

1985 NKr'OOO

2,604,000 (13,200) (13,200)

Principal Shareholders: Aker Mek. Verksted A/S; Armerad Betong Vagforbattringar (ABV)


BATES-GRUPPEN A/S Munkedamsveien 35, 0250 Oslo 2 Tel: (02) 42 90 90

PRINCIPAL ACTIVITIES: Advertising Financial Information:

Sales


BENNETT REISEBUREAU A/S Karl Johansgate 3, 0154 Oslo 1 Tel: (02) 20 90 90 Cable: Bennett Telex: 71397

1984 NKr'ooO 644,760

Board of Directors: J0r11 Eriksen (Chairman)

Management: Magne Gunnarson (Managing Director)

Senior Executives: J With R0geberg (Director Division Finance and Administration), Kjell-Erik Berntzen (Director Division Travel Agencies Norway), Reidar Sensteby (Director Division T ourproduction), Trygve Kordt (Division Cruise Services)

PRINCIPAL ACTIVITIES: Travel agency and tourism to Scandinavia

Trade Names: Bennett of Scandinavia, Prisma Tours

Subsidiary Companies: Bennett Rejsebureau A/S (Denmark); Bennett Voyages SA (France); Bennett Tours Inc. (USA); A/S Panorama Tours; A/S Scandinavian Holiday Tours

Principal Bankers: Christiania Bank og Kreditkasse


1984 1985

NKr'OOO NKr'OOO

Group sales turnover 1,280,000 1,407,000

Profit before tax 13.969 14.281

Profit after tax 7.578 9.500

Dividends 994 994

Dividends per share 15% 15%

Share capital 6.624 6.624

Shareholders funds 25.321 28.538

Principal Shareholders: Scandinavian Airlines System (31.5%); Klosters Rederi A/S (57.6%)

No of Employees: 290 Parent Co, 412 Group

BERGEN BANK PO Box 826, Torgalmenning 2. 5001 Bergen

Tel: (05) 21 76 00

Cable: Bergenbank

Telex: 42018

Telefax: (05) 21 19 11

Board of Directors: 0 Lund (Chairman). E G Greve (Managing Director and Chief Executive). P Munthe. T Andreassen. S Haugland. W Mohn. 0 Rennestad. S Thomassen. Deputies for the Managing Director and CEO: J Faye. T Brekke. R Lien. F Strom-Gundersen. 0 Vevle, I Bersheim

Group Management: E Gade Greve (Managing Director & CEO); J Faye (First Deputy Managing Director). Special Counselling Economic Policy: I Bersheim (Deputy Managing Director). Bergen Division: R Lien (Deputy Managing Director). Capital Markets Division: 0 Fjeldstad (Deputy Managing Director). Regional Banking Division: 0 Vevle (Deputy Managing Director). International DiviSion: F S Gundersen (Deputy Managing Director). Foreign Exchange. Treasury: S Eidem (General Manager). Financial Planning and Accounting: 0 Johannessen (General Manager). Information Systems: E Lindmo (General Manager). Personnel: K Natvik (General Manager)

PRINCIPAL ACTIVITIES: Commercial bank

Subsidiary Companies: Bergen Bank International SA (Luxembourg); Bergen Bank Asia Ltd (Singapore); Fabin A/S; A/S Kreditt-Finans; A/S Viul Tresliperi; A/S Ra; A/S Ra III; Telefinans A/S; A/S Randsfjord Tremasse og Papirfabrik; F Beyer A/S; F Beyer Bok-og Papirhandel A/S; A/S Emma EDB; A/S Johan C Martens & Co; M H Kielland A/S; A/S Wallendahl & Sen; A/S Arna Gardselskap; A/S Havnegata 2. Andalsnes; A/S Salbukollen; A/S Vestlandske Kalkbrud og Eindomskompagni; Heavy Invest A/S

97

NORWAY

Financial Information: 31.12.84 31.12.85 NKr'OOO NKr'OOO

Profit before tax 353.561 360,369

Profit after tax 300.214 287,905

Retained profit 200.889 156,970

Dividends 99,325 130.935 Dividends per share 14.50NKr 14.50NKr

Earnings per share 40.40NKr 35.40NKr Share capital 685.000 943.000 Shareholders funds 1,461,426 1,942.639 Deposits· 22.214.000 24.690,961 Total assets 33.438,000 42,445.769 ·other than from banks

Principal Shareholders: Skandinaviska Enskilda Banken; Norske Folk Gjensidige; Norsk Kollektiv Pensjonkasse; A/S Nreringskredit


BERGENS MEKANISKE VERKSTEDER A/S Postboks 2383. N-5037 Solheimsvik Tel: (05) 29 80 40 Cable: Bergenyard; Bergenrepair; Bergendiesel Telex: 42133 bmvb n; 42134 bmvr n; 42735 bmvh n

Supervisory Board: John Lyback. G A Bangstad. Troud Eliassen, B Larsen. Oskar Ulrich, Odd Skar. Odd Smistad, Eivind Steinnes. Odd Sviland

Management: H Urdahl (Managing Director). K Rio. A Wallentinsen. Jan Woldsdal. Sven Ytrelius, Tor Arne Lunde, Brigt Hatlestad

PRINCIPAL ACTIVITIES: Production of diesel generating sets and diesel propulsion plants; oil rig sections and equipment for the offshore industry; shipbuilding and shiprepairing

Trade Names: Bergen Diesel, Norwinch Subsidiary Companies: Bergens Jernst0peri A/S; Hydravinch

A/S; Motofabrikken DAN A/S; Sveis & Flyteteran A/S; NorMarine Ltd; BMV-Svenska A/B; Bergen Diesel Inc (USA); Norwinch Inc (USA)

Principal Bankers: Bergen Bank A/S Financial Information:

Sales turnover


BERGESEN D.Y. A/S

1984 NKr'OOO 966,880

Drammensveien 106. PO Box 7600 Skillebekk. 0205 Oslo 2 Tel: (02) 39 09 01 Cable: Beroy Telex: 71172; 71927 Telefax: 02/44 94 54

Shipowners: Petter C G Sundt. Morten Sig. Bergesen Management: Petter C G Sundt (Chairman). Morten Sig.

Bergesen (Managing Director), Kjell Revik (Director Technical and Maritime Operations). Hans K 0vstaas (Director Projects and Newbuilding). Jan Tormundsen (Director Administration and Legal). Svein Erik Amundsen (Deputy Managing Director and Director Finance). Karl K Stenhagen (Assistant Director Chartering and Operations). Torleiv Aaaslestad (ASSistant Director Insurance)

Managers: Ole Reed (Tanker Chartering). Knut Johansen (Dry Cargo Chartering). Tor Wang (Crewing). Svein Ekeli (Technical Operations). Sam Alshager (Operation). Arvid Bentdal (Purchasing). Arne Tollefsen (Accounting), Odd R Hansen (Victualling). Gustav Huuse (Finance). Ulf S Tweita (Projects and Newbuilding). Hallstein Saunes (Safety). Steinar Ropeid (Maritime Supervision). Ove Berntzen (Personnel), Gunnar Osmundsvaag (Projects, Non-Shipping) Carsten Mellbye (Legal). Knut Angen (Economy)

NORWAY PRINCIPAL ACTIVITIES: Shipowners including tankers; freight

forwarding; fleet includes tankers, dry cargo/combined, LPG carriers; paper carriers, contract charters

Parent Company: The Bergesen D.Y.Group

Group Companies: Bergesen d.y. A/S (Parent Company); C Blunck & Co A/S; Teknisk Bureau A/S; I/S Info-Rama (75%); A/S Sj0forsikringsselskapet Edda; Edda Trading ltd; Bergesen d.y. Assurance A/S; Edda Chartering ltd

Principal Bankers: Den Norske Creditbank; Morgan Guaranty Trust Company; Bank of America; Citibank; The Chase Manhattan Bank; Manufacturers Hanover Trust Company ltd; Schiffshypothekenbank zu Lubeck AG


Gross turnover Profit (1)

Profit (2)

Share capital Total equity (1) before extraordinary

items (2) before year end

adjustments and allocations


BERTEL 0 STEEN A/S See STEEN, BERTEL 0, A/S

31.12.84

NKr'OOO

1,617,434 151,507

264,472 63,738

109,935

BJ0LSEN VALSEM0LLE A/S Treschowsgate 2B, 0477 Oslo 4

Tel: (02) 150010

Cable: Valsem011en

31.12.85 NKr'ooo

1,845,419 124,462

684,525 63,738

131,481

Supervisory Board: K Martinsen, G Martinsen, R P Aukner, BertelO Steen, T Askvig

Management: Hans F Halvorsen (Managing Director), A Praesterud, Chr Sch0ning

PRINCIPAL ACTIVITIES: Flour and cereals including wheat, rye and barley; animal feedstuffs; fertilisers; sale of brand name foods

Parent Company: Nora Industrier A.S., Oslo Principal Bankers: Christiania Bank og Kreditkasse


Sales turnover


BLOCK, G, WATNE A/S PO Box 38, 4301 Sandnes

Tel: (04) 423500

Cable: Block Telex: 33117

Chairman: G Block Watne

1984 NKr'ooo

1,101,475

Directors: Thomas Ladsten (Financial Director)

Senior Executives: Bj0rn M Stangeland (President)

PRINCIPAL ACTIVITIES: Manufacture of prefabricated building elements; construction of houses, hospitals, schools and offices, trade in building products

Subsidiary Companies: Borretomt A/S; Block Watne Milj0ljeneste A/S; Block Berge Bygg A/S; Block Watne Texas Inc; Block Watne USA ltd; Block Watne Hus AB; Data Design

System A/S Principal Bankers: Den Norske Creditbank; Christiania Bank og

Kreditkasse

98


Group turnover Profit before tax Profit after tax Retained (loss) Dividends Dividends per share Earnings per share Share capital Shareholders funds


B0NDERNES SALGSlAG Tungaveien 26, 7000 Trondheim Tel: 07-91 9580 Telex: 55017 bs n Telefax: 07-919330

31.12.84 NKr'ooO

1,384,143 9,129

62 (8,668) 8,730

3.ooNKr 4.40NKr

72,750 19,653

Board of Directors: 0 J Vindal (Chairman) Management: Arnljot Forsmo (Managing Director)

31.12.85 NKr'ooO

1,646,227 12.098 6,543

(2,304) 8,730

3.ooNKr 7.20NKr

72,750 19,210

PRINCIPAL ACTIVITIES: Food products including meat Principal Bankers: BflJndernes Bank A/S Financial Information:

Sales turnover


BRAATHENS S.A.F.E. A/S Snaroyveien 30, 1330 Oslo Lufthavn Tel: (02) 59 00 90 Cable: SAFE Telex: 71595 Telefax: (02) 59.13.09

NKr'ooo 1,300,000

Board of Directors: Roald Joetun (Chairman), Bjorn G Braathen. Erik G Braathen, Per H Christiansen, Einar Fjeldstad, Anders C Fongli

PRINCIPAL ACTIVITIES: Air transport services; scheduled and charter flights

Parent Company: L G Braathens Shipping Company Principal Bankers: Den Norske Creditbank Financial Information:


1985 NKr"OOO

1,800,000 2,000

1986 NKr'Ooo

2,000,000

Principal Shareholders: L G Braathens Shipping Company No of Employees: 2,220

BR0DR AARS.ETHER A/S See AARSA:THER, BR0DR, A/S

BR00R HETLAND A/S See HETLAND, BR0DR, A/S

BRYN-HALDEN & NITEDALS-GRUPPEN Postboks 6041, Etterstad, 0601 Oslo 6 Tel: (02) 67 1882 Cable: Nitedals

Management: Kjell Aksum

PRINCIPAL ACTIVITIES: Manufacture of matches Financial Information:

Sales turnover


1984 NKr'ooo 955,872

CHRISTIANIA BANK OG KREDITKASSE 7 Stortorvet, Oslo 1

,"" (4"1 ~) 48 bO on Cable: XaniHiJank Telex: 71043,79801 Foreign EXChange Dept

BO;!III o( Dlfectors: V Hvnding (Chairman, Non-Executive), S Hannevig (Deputy Chairman, Non-Executive), L Aune, S Kjos, L Smith, K Moe, J A Krog, D Torkildsen, T Moursund (Managing Director and Chief Executive Officer)

Management: T Moursund (Managing Director and Chief Executive Officer)

PRINCIPAL ACTIVITIES: Banking and issuing house Subsidiary Banks: Christiania Bank Luxembourg SA; PK

Christiania Bank (UK) Ltd; PK Christiania Bank (South East Asia) Ltd; PK Christiania (Hong Kong) Ltd; PK Christiania Bank (US) Ltd


Profit after tax Dividends Share capital Total assets


31.12.84 NKr'OOO 141,350 141,587 990,118

46,396,700

CHRISTIANIA GLASMAGASIN A/S Stortorvet 9, Oslo 1 Tel: (02) 11 40 80 Cable: Glasmagasinet Telex: 19714 glasm n

31.12.85 NKr'OOO 183,495 161,180

1,060,395 60,209,630

Board of Directors: Atle Brynestad (Chairman), K Gjersvik, Bj Stokke, H Melbye, E Teslo, L Hagen

Directors: S Hannevig (Managing Director)

PRINCIPAL ACTIVITIES: Retail department stores Financial Information:



1984 NKr'OOO 455,149

23,466 26,333 16,100 4,700

12NKr 66NKr 38,880 61,993

COLLETT -MARWELL HAUGE GRUPPEN 1371 Asker Tel: (02) 783060 Telex: 16862

Board of Directors: Sigurd Funder (Chairman) Management· Sigvard J Kolberg (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of drugs, vitamins and pharmaceutical products; cosmetics, tOiletries, perfumes

Principal Bankers: Kreditkassen Financial Information:

1984 1985 NKr'OOO NKr'OOO

Sales turnover 435,000 542,000 Proht before tax 15,500 16,800 DIVidends 2,500 3,300 Share CillJltiil 18,000 27,150


99

NORWAY

DAHL, F E, & CO A/S Postboks 665 Tangen, 3001 Dramrnnn

Tel: (03) 811670

Telex: 76084 dalco n

Board of Directors: Per E Dahl sr, Per Baumann (Managing Director)

Management: Per Baumann (Managing Director)

Senior Executives: Erik Nass, 0ystein Klovstad, Per E Dahl Jr, Leif J Haarde, Knut Imeby

PRINCIPAL ACTIVITIES: Import of Toyota automobiles and parts

Trade Names: Toyota

Parent Company: AfS Bauda Investment

Associated Companies: Toyota Dahl A/S

Principal Bankers: Christiania Bank; Kreditkasse


31.12.85

NKr'OOO

31.12.86

NKr'OOO

Sales turnover 1,597,839 2,243,090

Profit before tax

Profit after tax

Retained profit

Earnings per share

Share capital

Shareholders funds


DEN NORSKE CREDITBANK One 21 Kirkegaten, 0153 Oslo 5

Tel: 48 10 50

Cable: Creditbank

80,980

74,926

74,926

125NKr

3,000

24,657

Telex: 78175 DNC N; 78295 DNC N (Foreign Exchange)

Telefax: + 472 481870

Chairman: Ragnar Halvorsen

146,964

134,710

134,710

225NKr

3,000

34,264

Managing Directors: Leif Terje Loddesol. Chief Deputy Managing Director: Borger A Lenth. Deputy Managing Directors: Finn V Borgersen, Axel Dammann, Harald Arnkva3rn, Lars U Thulin, Ivar J Saunes, Hararld Moen, Lars E Brustad

PRINCIPAL ACTIVITIES: International bank

Wholly Owned Subsidiaries: Den norske Creditbank (Luxembourg) SA, Luxembourg; Den norske Creditbank PLC (UK); Den norske Creditbank Finance Corporation (USA): DnC America Banking Corporation (USA); DnC Ship Mortgage International Bank NV (netherlands): DnC Ltd (Hong Kong); Den norske Creditbank, Sverige (Sweden); Den norske Creditbank Singapore Branch (Singapore). Partly Owned Banks: Manufacturers Hanover Banque Nordic, Paris (10%). Representative Offices Abroad: Beijing, Denver, Dubai, Dusseldorf, Hamburg, Hong Kong, Houston, Cairo. Osaka, Rotterdam, Sao Paulo, Sydney, Tokyo

NORWAY Financial Information: Consolidated figures

31.12.84 NKr"OOO

Profit before tax(1) Profit after tax(1) Retained profit Dividends(2) Dividends per share(2) Earnings per share Share capital Shareholders funds Deposits Total assets (1 latter loan loss allocations,

extraordinary income and extraordinary expenses

(2)13%

594,100 500,800 354,600 146,200

13.00NKr 41.00NKr 1,120,000 2,539,000

60,880,000 74,952,000

Principal Shareholders: Private individuals No of Employees: 5,393

31.12.85 NKr'OOO 656,400 581,700 367,200 214,500

13.00NKR 38.50NKr 1,650,000 3,479,000

70,332,000 91,281,000

DEN NOASKE STATS OLJESELSKAP A/S See STATS OLJESELSKAP, DEN NORSKE, A/S

DENOFA OG LlLLEBORG FABRIKER A/S Sandakerveien 56, PO Box 4236 Torshov, Oslo 4 Tel: (02) 22 00 50 Cable: Denofa Telex: 71181

Management: J Hoel (Managing Director) Senior Executives: A Aarum, T Fjell, 0 Moe, J J0rgensen, J

Tveito

PRINCIPAL ACTIVITIES: Manufacture of vegetable oils and fats, hydrogenated edible marine fats, canning oils, fatty acids, acid oils, lecithin; cosmetics, soaps, detergents, industrial cleaning products and steel drums

Parent Company: Borregaard AS Principal Bankers: Den Norske Creditbank; Bergen Bank A/S Financial Information:

Sales turnover Profit before tax Profit after tax Retained profit Earnings per share Share capital Shareholders funds


1984 NKr'OOO

1,707,932 132,850 127,658 87,658

4.985NKr 17,585

281,000

DET NOASKE LUFTFARTSELSKAP A/S

DNL/SAS 1331 Oslo Lufthavn Tel: (02) 59 63 99

PRINCIPAL ACTIVITIES: Airline services Financial Information:

Sales


DYNO INDUSTRIER A.S Tollbugaten 22,0106 Oslo 1 Tel: (02) 31 70 00 Cable: Dyno Telex: 71279 dyno n

1984 NKr'OOO

5,483,333

Board of Directors: Odd Narud (Chairman), Anton Merckoll (Vice Chairman), Nils J Astrup, "Ivar Bekkelund, Erik Tonseth, "Lars Gunner0d, Ragnar Halvorsen, Hans Lund-Andersen, Willy Mohn, "Per S0rensen, "elected by the employees

100

Management Board: Ragnar Halvorsen (Managing Director), Erik Tonseth (Deputy Managing Director) Terje Sunde Johnsen (Director), Frode Lars Galtung (Director), Arild Ingierd (Director), Niels Chr N0kleby (Director, International Market Development), Christian F Mathieson (Director, International Market Development of Explosives), Knut Holti (Financial Director)

PRINCIPAL ACTIVITIES: Manufacture of commercial and military explosives; methanol, synthetic resins; raw materials for paints and laquers, plastic products and sale of construction maChinery

Subsidiary Companies: Chemicals Business: Chemical Division:Gullang Kjemiske Fabrikker A.S.; Nitroglycerin Compagniet; Affiliated Companies: Dyno Oil Field Chemicals AS; Dyno Cyanamid AS & Co (50%); Dyno Borreggard Dispel sJoner AS (50%); Dyno Industries (S) Pte Ltd (65%) (Singapore); Dynopor Pte Ltd (65%) (Singapore); Dynobel AS (50%); Nordalim A/S (33.33%) (Denmark); OY Noresin (50%) (Finland); Methanor v.o.f. (40%); Schelde Chemische Maatschappij (Netherlands); Dyno Industrier Sverige AB (Sweden); P.T. Dyno Mugi Indonesia (60%) (Indonesia); Dyno Industries (WA) Pty Ltd (Australia); Dyno Pakistan Ltd (35%) (Pakistan). Explosives Division: Civilian Products Sector:Gullaug Fabrikker; Dyno Konsulent AS; Dyno Industrier avd Bergen AS; Siurry/Anfo Stations Sector: Branches in Storforshei, Bj0rnevatn, Tellnes, Aheim, Ulla-F0rre; Defence Products Sector: Factories-Nitroglycerin Compagniet, Gullaug Fabrikker; Ireco Inc (USA). Machinery Divison:- Pay & Brinck A/S. Plastics Processing: Plastics and Packaging Group:Dyno Kongsvinger AS; Dyno Norplast AS; Dynoplast ApS (Denmark), Nopla AB (Sweden); Dyno Cipax AS; Dyno Cipax Nord AS; Dynopack A/S; Opas Trykk A/S; Dynoplast Ltd (UK); Cooper, Pegler & Co Ltd (UK); Dyno Industries (UK) Ltd (UK); Affiliated Companies: Norfolier AS & Co (49%). Other companies: Dyno Engineering AfS (66.66%); Dynoresins AG (Switzerland)

Principal Bankers: Christiania Bank og Kreditkasse; Den Norske Creditbank

Financial Information: 31.12.84 31.12.85 NKr'OOO NKr"OOO

Group sales turnover 2,979,600 3,442,000 Profit before tax 182,300 230,600 Profit after tax 144,900 159,300 Dividends 21,300 53,300 Dividends per share 2.50NKr 3.20NKr Earnings per share 12.50NKr 11.00NKr Share capital 208,800 332.900

Shareholders funds 627,000 1.112.200

Principal Shareholders: Norsk Hydro AS; Aksjeselskapet Norcem; Norske Folk Gjensidige Livsforsikringsselskap; Orkla Industries AS


ELECTROLUX NORGE A/S Spireaven 14, Postboks 77-f2Jkern, N-0508 Oslo 5 Tel: (02) 64 94 80 Cable: Elux Telex: 76972 elux n Telefax: (02) 641537

Board of Directors: I Aakhus, H Werthen, L Hedberg, K Melby, L Dahle, A Scharp, J H Gundersen, G Olsen

Management: J Gundersen (Managing Director) Senior Executives: L Dahle, H Knutsen

PRINCIPAL ACTIVITIES: Production, wholesale and retail trading in a wide range of domestic electrical equipment

Trade Names: Electrolux, Electra Parent Company: Electrolux AB, Sweden Subsidiary Companies: Jobu A/S; Electrolux-Wascator A/S;

Electrolux Constructor A/S; Husqvarna A/S; Husqvarna Electro A/S; Husqvarna Partner A/S; Electrolux Motor A/S; Electra A/S; Electrolux Industrier A/S; Nyborg Vaskeri

Maskiner A/S; 0verrum Slitedeler AS; Norlett AfS; Schous B0ssemaker og Sporfsforretning A/S; A/S Dr0mmekj0kkenet

Principal Bankers: Bergen Bank, Oslo Financial Information:

Sales turnover Profit before tax Profit alter tax Retained profit (loss) Dividends Dividends per share Earnings per share Share capital Shareholders funds


1984 NKr'OOO

1,002,000 21,000

8,000 (1,000) 9,700

9,700NKr 8402NKr 100,000 45,000

ELEKTRISK BUREAU (A/S) Bergervn 12, PO Box 98, N-1360 Nesbru Tel: (02) 843060 Cable: Teleb Telex: 71723 teleb n

Board of Directors: Halvdan Bj0rum (Chairman)

1985 NKr'OOO

1,036,000 28,000 14,000 4,000

10,000 10,OOONKr 14156NKr

100,000 49,000

Management: Kjell Kveim (Managing Director), Tore Egil Holte (Telephone Division), Christian Westring (Information Division), Erik Gjeruldsen (Energy and Defence Division), Bj0rn Standal (NERA Division), Brede Heier (Market Development), Ove Aanensen (Technology), John Erik Stenberg (Organisation and Personnel), Jan Erik Larsen (Finance), Hermann G Wiencke (Strategic Planning and Data Processing)

PRINCIPAL ACTIVITIES: Manufacture of, and trade in telephone exchanges and instruments; radio equipment for civil, military and naval applications; railway signalling systems; telecommunication and automation systems; telephone cables and wires

Trade Names: E B Communications Subsidiary Companies: A/S Norsk Kabelfabrik; Norbritco A/S;

A/S Telesystemer; E B Nachrichtentechnik GmbH (Germany); E B Communications (Great Britain) Ltd (UK); E B Communications Inc (USA); Atlantic Cabl/! International Inc (USA)

Principal Bankers: Christiania Bank og Kreditkasse Financial In/ormation:

Sales turnover

1984 NKr'OOO

3,231,983

Principal Shareholders: Norwegian Insurance Companies (28%); State-owned Norwegian Industrial Companies (9%); K L M Ericsson, Sweden (25%)


ELEKTRO UNION A/S Universitetsgt 22/24, PO Box 1258-Vika, Oslo 1 Tel: (02) 42 1240 Telex: 77721 ELUN N

Board of Directors: Odd Ruhe Austgulen (Chairman), Johan Fr Odfjell, Einar Falck, Finn Lied, Kjell E Almskog, Oskar A Munch (Managing Director)

Management Committee: Oskar A Munch (Managing Director, Chairman), Karl 0 Nysterud (Managing Director, National Elektro A/S), Frode Botnevik (Finance Director), Olaf Mehus (Managing Director, National Industri A/S), Svein T Wille (Managing Director, EU Consultants A/S)

Administration: Oskar A Munch (Managing Director), Joachim Bang (Legal Affairs), Frode Botnevik (Finance Director), Knut Jacobsen (Public Relations), Arne Giske (Finance Manager), Johs Aas (Chief Accountant)

PRINCIPAL ACTIVITIES: Electrical engineering; manufacture of electrical machinery and equipment

Parent Company: AfS Investa

101

NORWAY Subsidiary Companies: E U Consultants A/S; National Elektro

A/S; National Industri A/S; Anker S0nnak AfS Principal Bankers: Bergen Bank; Den Norske Creditbank Financial Information:

Sales turnover Profit before tax Profit alter tax Retained profit (loss) Share capital Shareholders funds Total assets

Principal Shareholders: Investa A/S No of Employees: 3,747

31.12.84 NKr'OOO

1,546,099 50,426 40,245

(10,421) 100,000 131,070

1,219,680

ELF AQUITAINE NORGE A/S Dusavik, Postboks 168, N-4001 Stavanger Tel: (04) 50 30 00 Telex: 73174

Board of Directors: K B Knutsen (Chairman) Management: P Godec (PreSident)

31.12.85 NKr'OOO

1,876,296 100,438 87,546 17,866

100,000 149,036

1,459,768

PRINCIPAL ACTIVITIES: Exploration for, and production of North Sea oil and gas

Parent Company: Societe Nationale Elf Aquitaine, France Financial Information:

Sales turnover


ELKEM

1984 NKr'OOO

8,381,000

PO Box 5430 Maj, Middelthunsgt. 27, Oslo 3 Tel: +47 2 45 01 00 Telex: 78229 elkem n Telefax: +47 2 46 75 33

1985 NKr'OOO

8,359,392

Board of Directors: N J Astrup (Chairman), Per Brunsvig, Finn H Enger, K K Kielland, E Falck, 0 Gr0the, T Olsen

Management: Kaspar K Kielland (President and Chief Executive Officer), Erik Lundgaard (Executive Vice President and Deputy to the President), Rolf Nordheim (Executive Vice President), Gunnar Viken (Executive Vice President)

Senior Executives: Tom Knoff (Finance), Kjell Ramsdal (Controller), Jan P Romsaas (Legal), Paul Falch (Corporate Communications)

PRINCIPAL ACTIVITIES: Production of ferro-alloys, aluminium, minerals and finished products, engineering of smelting furnaces and other production equipment

Trade Names: Elkem, Mosal, etc Subsidiary Companies: Elkem Holding Inc, USA and

subsidiaries; Elkem Ltd, UK and subsidiaries; Sauda Smelteverk A/S; AfS Saudefaldene; AfS Meraker Smelteverk; Noblikk-Sannem A/S, Norway: Elkem Metal Canada Inc; Elkem Participacoes Ltda, Brazil; Zinck-Lysbro A-S and subsidiaries, Denmark; Elkem Sverige AB, Sweden; Mosal Aluminium A/S and subsidiary, Germany; Sulitjelma Gruber A/S (95.8%) and subsidiaries; Elkem Offshore A/S; A/S Norse Products; A/S Norsk Elektron; A/S Questor; AfS Verksjern, Norway

Principal Bankers: Den norske Creditbank; Christiania Bank og Kreditkasse; Bergen Bank


Sales turnover Profit before tax Profit a Iter tax Dividends Dividends per share Share capital

31.12.84 NKr'OOO

7,860,000 658,000 272,000 101,000 8.50NKr 595,000

31.12.85 NKr'OOO

8,351,000 273,000 43,000 89,000

7.50NKr 595,000

NORWAY Principal Shareholders: Sig. Bergesen dy (14.9%); Investa

(9.9%); Brugge Eiendom (6.8%) No of Employees: 8,000

ELOPAK A/S PO Box 523, N-3412 Lierstranda Tel: 03-840100 Cable: Elopak Telex: 78411 epak n

PRINCIPAL ACTIVITIES: Manufacturer of packaging Trade Names: Pure-Pak Subsidiary Companies: Elopak A/S has 15 subsidiaries Principal Bankers: Christiania Bank & Kreditkasse Financial Information:

Sales turnover


31.12.84 NKr'ooo

1,663,000

31.12.85 NKr'OOO

2,005,000

ESSO EXPLORATION & PRODUCTION NORWAY INC Postboks 560, 4001 Stavanger Tel: (04) 60 60 60 Cable: Exploresso Telex: 33340 enfor n

Management: J M Evon

PRINCIPAL ACTIVITIES: Oil exploration and production; operation of the Odin Field

Parent Company: Norske Esso A/S-ultimate parent Exxon Corp, USA


Sales turnover


F E DAHL & CO A/S See DAHL, F E, & CO A/S

FEITSILDFISKERNES SALGSLAG Kongensgt.11, Postboks 407, 7000 Trondheim Tel: (07) 530500 Cable: Sildekontoret Telex: 55105

1984 NKr'OOO

5,841,180

Board of Directors: Charles Rem0 (Chairman), Hans A Nordheim (Managing Director), Peder Strand, Magne Arvesen, Age J Majala, K Romestrand, Einar Lorentsen, Arne Jenssen, Arnulf Finnestrand, Torbj0rn Ervik, Kristian Karoliussen

Sales Board: E Lundberg, Age Amundsen, F Andreassen, E Bonde, J 0 Skjelstad, T Heps0, J Kvernen, A Leine

Senior Executives: Karstein S0reng (Assistant Managing Director), Per Myralnd (Sales Director), Sigmund Hatling (Office Manager)

PRINCIPAL ACTIVITIES: First hand sale of fish; export of fish products

Subsidiary Companies: Arctic Herring and Capelin Association Ltd; A/S Lys0sund Sildolje og Kraftf6rfabrik; A/S Bjugn Fabrikker; Feitsildfiskernes Sildoljefabrikk A/S; Halsa Vads0 Sildoljefabrikk A/S

Principal Bankers: Fiskernes Bank Financial Information:

Sales turnover

No of Employees: 35

1984 NKr'OOO 971,451

FELLESKJ0PET ROGALAND AGDER See ROGALAND AGDER, FELLESKJ0PET,

102

FELLESKJ0PET-0STLANDET Rosenkrantzgt 8, Oslo 1 Tel: (02) 42 91 90 Telex: 17156 FO N-Oslo

Board of Directors: Hans Blichfeldt (Chairman) Management: Rolf Evju (Managing Director)

PRINCIPAL ACTIVITIES: Trade in agricultural products including fertilisers, weedkillers, seeds, fodder and farm machinery

Principal Bankers: B0ndernes Bank A/S Financial Information:

Sales turnover

Principal Shareholders: 18,000 Farmers No of Employees: 907

FELLESKJ0PET -TRONDEHEIM Tunga, 7001 Trondheim Tel: (07) 916000 Cable: Felles Telex: 55193 fk n Telefax: (07) 913400

1984 NKr'OOO

1,893,217

PRINCIPAL ACTIVITIES: Trade in fertilisers, agricultural machinery and equipment, seeds, fodder and plant protecting products

Principal Bankers: Forretningsbanken A/S; B0ndernes Bank A/S Financial Information:

Sales turnover


FELLESMEIERIET

1984 NKr'OOO

1,500,000

1985 NKr"OOO

1,700,000

Bedriftsveien 7, PO Box 113-Kaldbakken, 0902 Oslo 9 Tel: (02) 162010 Cable: Fellesmelk

Management: Ole Nygaard (Managing Director) Senior Executives: Stein 0iom, Per R0nning, Karl Knudsen,

Ottar Skaldeb0, Einar Enger, Ola Arnstad

PRINCIPAL ACTIVITIES: Production of milk, cream, yoghurt, butter and cheese

Subsidiary Companies: Blaker Meieri; Eidsvoll Meieri; Eina Meieri; Fellesmeieriet Oslo; Gj0vik Meieri; Hadeland Meieri; Indre 0stfold Meieri; Jessheim Meieri; Kongsvinger Meieri; Lillehammer Meieri; Sol0r Meieri; Toten Meieri; Arnes Meieri

Principal Bankers: B0ndernes Bank A/S Financial Information:

Sales turnover Owners capital Owners funds

1984 NKr'OOO

1,435,708 6,360

13,912

Principal Shareholders: Norwegian Farmers (100%) No of Employees: 725

FISKEPRODUSENTENES FELLESSLAG AIL Skippergata 41, Postboks 915, 9001 Troms0 Tel: (083) 81060 Telex: 64278 fsalg n

Management: Steinar Hansen

PRINCIPAL ACTIVITIES: Trade in fish and fish products Financial Information:

Sales turnover

No of Employees: 20

1984 NKr'OOO

1,000,820

FJElDHAMMER BRUG A/S Postboks S5. N-1472 Fjelhamer Tel: (02) 701500 Cable: Icopal Telex: 71591 ico n Telefax: 2 70 58 77

Board of Directors: Einar Bille (Chairman), Leif Frode Onarheim, cand.jur. Aif Torp-Pedersen, H 0 Thulstrup, cand.oecon. Mads Thomsen, Bjlllrg Hamre, Torgeir Wormsen, Thor Wiig Semb, Kolbjlllrn Bakken

Management: Narve Ludvigsen, Halvor Bratterud, Kjell LlIlvold, Nils Reeder

PRINCIPAL ACTIVITIES: Manufacture and export of roofing felt, building board and paper, waterproofing membranes; laminated board for packaging; bookbinding board; bitumen for road making; plastic including packaging and film; PVC products for the building trade

Parent Company: Icopal Group, Denmark Subsidiary Companies: Norfolier as & Co (51%); A/S Nor-Tak

(60%). Associated Companies: A/S Nor-Vei (33.33%); Seksjonstak A/S & Co (50%); Ecoplane A/S & Co (50%)

Principal Bankers: Christiania Bank og Kreditkasse Financial Information:

Sales turnover


FOllUM FABRIKKER A/S PO Box 220, 3501 Hoenefoss Tel: (067) 22911 Telex: 71480 Folmh n Telefax: (067) 22026

1985 NKr'OOO

1,040,000

Board of Directors: 0 Christophersen (Chairman), B B Rasmussen (Managing Director) J Jenssen, 0 H Larssen, A Hofstad, R Paulsen, A Hordvei, J-H Bratz

Management: B B Rasmussen (Managing Director), 0 Eggen (Deputy Managing Director and Technical Director), M Ekanger (Finance Director), F Stroem-Rasmussen (Personnel Director), K Aubert (Director of Wood Supplies)

PRINCIPAL ACTIVITIES: Paper production; electricity generation Subsidiary/Associated Companies: A/S Aadalens Traesliberi;

A/S Heen Traesliberi; A/S Baegna Traesliberi; Hof Brug . Kraftstasjon A/S; A/S Hofsfos Traesliperi & Paperfabrik; Norderhov Investmentselskap A/S; I/S Norske Skog-Follum (50%)

Principal Bankers: Bergen Bank A/S; Den Norske Creditbank Financial Information:

31.12.84 31.12.85 NKr'OOO NKr'OOO

Sales turnover 829,229 979,676 Profit before tax 18,619 23,569 Profit after tax 12,257 15,814 Retained profit 13,805 47,380 Dividends 11,760 14,365 Dividends per share 12.ooNKr 13.00NKr Earnings per share 11.68NKr 54.70NKr Share capital 98,000 123,000 Shareholders funds 116,769 191,151

Principal Shareholders: Norske Skogindustrier A/S; Aksjefondet Avanse; Norske Folk; A/S Vesta; Den norske Creditbank


FORD MOTOR NORGE A/S Kongeveien 47, 1410 Kolbotn Tel: (02) 80 8080 Cable: Fordmotor Telex: 71659 ford n

Management: Finn Owren (Managing Director), P Ambrose, I Sviggum

103

NORWAY PRINCIPAL ACTIVITIES: Trade in Ford motor vehicles Parent Company: Ford Motor Corpn, USA through Ford Motor

CO AIS, Denmark Principal Bankers: Bergen Bank; Den Norske Creditbank Financial Information:

Sales turnover

1984 NKr'OOO

1,666,094


FORENEDE MARGARINFABRIKKER A/S FORMA Kr Augustgate 15, Postboks 6779 St Olavs plass, N-0130 Oslo

1 Tel: (02) 20 20 30 Cable: Forma Telex: 18159 forma n Telefax: (02) 11 00 14

Board of Directors: C J Dons (Chairman) Management: F Wilberg (Managing Director), R Flobak

(Financial Director), T Oevergaard (Technical Director), G Hasle (Marketing Director), T Gulbrandsen (Sales Director)

PRINCIPAL ACTIVITIES: Food products including margarine, vegetable oils, mayonnaise, mustard, ketchup, peanut butter, sauces, dressings, roast coffee, soft drinks, compotes and ingredients for the baking and confectionery industries

Trade Names: Mills, Milda, Vita Subsidiary Companies: Delikat Fabrikker AIS, Norway; Svenska

Millsbolaget AB, Sweden Principal Bankers: Forretningsbanken; Den Norske Creditbank;

Christiania Bank og Kreditkasse; Bergen Bank A/S Financial Information:

Sales turnover Profit before tax Profit after tax Retained profit" Share capital Shareholders funds • after depreCiations

1984 NKr'OOO 939,397

6,891 4,636 2,123 6,437 5,292

1985 NKr'OOO

1,010,679 12,685 9,524 8,771 6,437 7,002

Principal Shareholders: A/S Agra Industrier; AIS Agra-Bergen; o Mustad & Son A/S; Borgar-Mesna Frabrikker AIL


FRAMN.ES MEK V.ERKSTED A/S PO Box 171, 3201 Sandefjord Tel: (034) 67 600 Cable: Vaerkstedet Telex: 21196

Board of Directors: Per Odberg (Chairman) Senior Executives: Kristoffer Wegger, E Firing, 0 J Brunaes, P

Bostroem

PRINCIPAL ACTIVITIES: Shipbuilding, ship repairing and conversion; steel structures; oil drilling platforms

Principal Bankers: Den Norske Creditbank Financial Information:

Sales turnover (Loss) before tax (Loss) after tax Retained (loss) Share capital Shareholders funds


FRANK MOHN A/S See MOHN, FRANK, A/S

1984 NKr'OOO 430,000 (15,989)

(4,836) (4,935) 4,000

22,715

NORWAY

FREIA A/S Johan Throne Holst pi 1, Oslo 5 Tel: (02) 38 14 70 Cable: Freia Oslo Telex: 71277-N

Board of Directors: Prof Preben Munthe (Chairman), Per Throne-Holst (Managing Director), Johan Hjort, Hakan Mogren, Emil W Martens, Kjell Kristiansen, Olav Tveiten

Management: Per Throne-Holst (Managing Director), Jon Terje eJverland (Financial Director), Bjorn Thorvaldsen (Sales Director), Jon Olav Klafstad (Manufacturing Director), Sverre H Skagemo (Technical Director)

PRINCIPAL ACTIVITIES: Manufacture of cocoa, chocolate and confectionery, soups, dessert mixes, baking ingredients


Sales turnover Profit before tax Profit after tax" Retained profit Dividends Dividends per share Earnings per share Share capital "and appropriations


31.12.84 NKr'OOO 806,810 75,554 13,794 9,079 5,160

12.00NKr 90.70NKr

43,000

31.12.85 NKr'OOO 885,463 41,841 14,938 10,338 5,160

12.00NKr 62.30NKr

43,000

FRIONOR NORSK FROSSENFISK AIL Fr. Stangsgate 22, Oslo 2 Tel: (02) 44 1965 Cable: Frionor Telex: 76450 frioo n Telefax: (02) 44 35 80

Board of Directors: Ragnar Gr0ntvedt (Chairman) Management: A Asper (Managing Director), L Birkeland (Sales

Director) Senior Executives: Svein G Nyb0 (Financial Director)

PRINCIPAL ACTIVITIES: Production of, and trade in frozen fish and other deep frozen products

Trade Names: FRIONOR, POLAR-KIST Subsidiary Companies: A/L Friogrill; Frionor Polar Produkter

A/S; AfS Norsk Frysetransport (51%); Frionor-Produkter A/S (50%), Norway; AB Frionor, Sweden; Frionor (England) Ltd, UK; Frionor TiefkOhl-Produkte GmbH, Germany; Frionor AG (70%), Switzerland; Frionor Norwegian Frozen Fish Ltd; Frionor Kitchens Inc, USA

Principal Bankers: Bergen Bank Financial Information:


30.6.85 NKr'OOO

2,008,500 1,756

675 3,880

Principal Shareholders: Norwegian Fish Freezing Plants No of Employees: 1 ,254

FURUHOLMEN, INGENI0R THOR, A/S Postboks 5101, Majorstua, N-0302 Oslo 3 Tel: (02) 46 25 50 Cable: Excavator Telex: 76162 Excav N

Chairman: Christen Furuholmen; President: Kristen Olav Dahl Directors: Sigmund Bj0rgum (Director, Heavy Construction), Nils

Otto Andresen (Director, Building Division), Knut Gaaseide (Director, Personnel), Gunnar Dovland (Director, Finance)

PRINCIPAL ACTIVITIES: Civil engineering and construction industry

104

Parent Company: A/S Gr0nlandsgarden Principal Bankers: Den Norske Creditbank Financial Information:



G BLOCK WATNE A/S See BLOCK, G, WATNE A/S

GARTNERHALLEN AIL eJkern Torgvei, 0580 Oslo 5 Tel: (02) 641390 Cable: Gahasa Telex: 71263

1984 NKr'OOO

1,816,070 79,750

Board of Directors: Peder N Linge (Chairman), Edv Grimstad (Managing Director), M Nodenes, A Dolven, H S0nstelie, I eJydvin, G Jacobsen

Management: Edv Grimstad (Managing Director)

PRINCIPAL ACTIVITIES: Import, export and wholesale of fresh fruit, vegetables, flowers and plants




GENERAL MOTORS NORGE A/S PO Box 205, 2001 Lillestroem Tel: (02) 71 7401 Cable: Norautoex Telex: 711682

1984 NKr'OOO

1,473,870 11,080

Board of Directors: Hans C Akerhult (Chairman) Management: Svein Aa Pedersen (Managing Director)

PRINCIPAL ACTIVITIES: Import and trade in motor vehicles including, Opel, Vauxhall, Bedford, Isuzu, Chevrolet, Pontiac, Oldsmobile, Buick, Cadillac, GMC, AC-Delco, Detroit Diesel Allison

Parent Company: General Motors Corporation, USA Principal Bankers: Den Norske Creditbank Financial Information:

1984

Sales turnover NKr'OOO

1,118,000


GJENSIDIGE FORSIKRING PO Box 6738, St Olavs pi, 0130 Oslo 1 Tel: (02) 48 08 90 Telex: 19036 reass n

Chairmen: Stein Bergh-Jacobsen, Ola T Ruund

1985 NKr'OOO

2.001,000

Corporate Management: Helge M Kvamme (Managing Director), Leif R Lae (Deputy Managing Director/Non-life Insurance), Erik Garaas (Deputy Managing Director/Life Insurance), Bj0rn Elvestad (Finance Director). International Management: Jon Haraldstad (Reinsurance Manager), Bj0rn Johansen (Overseas and Reinsurance Director)

Senior Executives: L Austin, B Elvestad, E Garaas, L R Lae

PRINCIPAL ACTIVITIES: Gjensidige Forsikring is the common designation for Livsforsikringsselskapet Gjensidige, Gjensidige Norsk Skadeforsikring and 61 mutual fire insurance companies. Gjensidige Forsikring has about 200 sales and service offices throught Norway. Covering all forms of insurance. the company is staffed by specialists in life and non-life insurance

Subsidiary/Associated Companies: (100% owned unless stated): Pensjonstkenester A/S; Agder Assuranceselskab A/S (71%); Elcon Finans A/S (33.4%); Norsk Sparforvaltning A/S (12%); Norse Securities A/S (20%); Saminvest A/S; Oslo Vekst A/S (4.7%); Eiendomsspar A/S (6.5%). Reinsurance companies: ARP (France); Scan Re (50%) (UK); American European Re (10%) (USA); First New York Syndicate (10%) (USA); Hudson Re (50%) (Bermuda); Hudson Life Reassurance (5%) (USA)


31.12.84

NKr'OOO

Premium income 2,319,000

Financial income 789,000

Total resources 7,766,000


HAFSLUND A/S Slemdalsveien 37, PO Box 5010, Majorstuen, Oslo 3

Tel: (02) 46 38 30

Cable: Elpower Oslo

Telex: 76837 hafsl n

31.12.85

NKr'OOO

2,678,000

882,000

9,055,000

Board of Directors: K Eng (Chairman), E Eriksrud (Managing Director), K Kveim, T Gjelsvik, K Glad, T Br0vig, T Westerb0, B Myrvold

Executive Management: E Eriksrud (Managing Director), R L Jonassen (Group Operations), N H Juell (Group Operations), F C Schreuder (Strategic Planning and Business Development), 0 A Br0ymer (Finance), E Halvorsen (Organizational Development), H T0nsberg (Personnel)

Group Management: J G0rrissen (Metals Division), N H Juell (Engineering Division), 0 Lund (Power Division), K-E Lindberg (Agricultural Division). P H Larsen (Investment Division), S H Annexstad (Nycomed AS S.H.), T 0 Aasb0 (Norweld AS), K Houm (Unitor Ships-Service AS)

PRINCIPAL ACTIVITIES: Electricity generation and distribution; ferro-silicon smelting; contracting and consultancy services; agriculture and forestry; financial activity; pharmaceuticals and biotechnology; welding equipment

Subsidiary Companies: Power Division:- AfS Kykkelsrud; A/S Vamma Fosse-kompagni. Metals Division:- Bj01vefossen AS (22%); Fesil A/S (ca 40%); K/S Almat as (70%); Hafslund Ltd (90%) (UK); Logan & Allan (UK); Tennant Nordic Alloys (UK); Tennant Metall Ltd (UK); Tennant Consultancy Services (UK); Tennant Smith Recycling (76%) (UK); Ni-Met (15%) (UK). Agricultural Division:- Norsk Brikett-energi AS (40%). Engineering Division:- AS Norelektro; Hafslund Industries Inc (USA); Hafslund Power Inc (USA); Swift River/ Hafslund Co (60%) (USA); Swift River Operations Inc; Greenville Steam Company; Thermal Power Inc; Hafslund Consultants Inc (USA); Undenas Meek Verkstad AB (40%) (Sweden); Hafslund Hydropower AB (90%) (Sweden). Finance Division:- Hafslund Transport A/S. Actinor and its subsidiaries:- Nycomed AS:Division Scandinavia: Nycomed AB (Sweden); Nycomed Aps (Denmark); Jean Mette AS; Trombo AS. Division International: Nycomed (UK); Nycomed BV (Netherlands); Nycomed SA/NV (Belgium); Ny tech Ltd (UK). New activities: Seragen Inc (USA). United Ships Service AS:- Unoco offshore; Perolin Marine and 40 subsidiaires worldwide. Norweld AS:- Smitweld Bv Netherlands; Smitweld SA (Belgium); Alloy Rods/Smitweld BV; Smitweld GmbH (West Germany); Norweld AB (Sweden); Welding Rods Ltd (UK). Investment Division

Principal Bankers: Christiania Bank

105

NORWAY Financial Information:

31.12.84 31.12.85 NKr'OOO NKr'OOO

Sales turnover 675,000 1,940,000 Profit before tax 183,000 336,000 Profit after tax 165,000 287,000 Retained profit 146,000 259,000 Dividends 19,000 28,000 Dividends per share 3.00NKr 3.00NKr Earnings per share 20.70NKr 31.08NKr Share capital 125,000 172,000 Shareholders funds 543,000 635,000


HEDMARK OG OPPLAND SLAKTERIER HED-OPP Vognveien 25, Postboks 1098, 2301 Hamar Tel: (065) 27 680

Board of Directors: Ole A Skramstad (Chairman) Management: Svein Lyngnes (Managing Director)

PRINCIPAL ACTIVITIES: Meat and meat products Principal Bankers: Hedemarken Sparebank Financial Information:



HELL Y -HANSEN A/S PO Box 218, N-1501 Moss Tel: (032) 570 00 Cable: Helly Telex: 76372 Helly n

1985 NKr'OOO

1,090,000 18,200 16,200

Board of Directors: Arne Furuseth (Chairman), Anton L Zeiner

PRINCIPAL ACTIVITIES: Manufacture of waterproof working, leisure and sports wear, fibre-pile suits, mittens and socks, buoyancy aids, survival suits, gas masks, protective suits; special products of PVC

Trade Names: Helly-Hansen Parent Company: Nora Industrier A.S., Oslo Subsidiary Companies: Helly-Hansen A/S has subsidiaries in

Sweden, Denmark, West Germany, Netherlands, Belgium, France, Switzerland, UK, Eire, Portugal, USA and Canada


Sales turnover


HESSELBERG, SIGURD, A/S Postboks 185, 0kern, N-0510 Oslo 5 Tel: (02) 644120

1984 NKr'OOO 553,500

PRINCIPAL ACTIVITIES: Manufacture of bituminous paints, varnishes and mastics, wood preservatives, roof paints, epoxy-resin based paints and coatings, metal primers


Sales turnover


1984 NKr'OOO 643,000

NORWAY

HETLAND, BR0DR, A/S PO Box 233, 4341 Bryne

Tel: (04) 482 688 (Process equipment); (04) 4831 00 (Timber frame houses)

Cable: Hetla Telex: 33118

Board of Directors: Leiv Hoven (Chairman)

Management: Steinar Gjertsen (Managing Director)

PRINCIPAL ACTIVITIES: Timber frame houses; fish meal and oil; process equipment (fishmeal processing plants, deodorizing equipment, equipment for the chemical industry, conveyors, vessels, heat exchangers)

Trade Names: HETLAND

Principal Bankers: Christiania Bank og Creditkasse


Sales turnover


HOEGH, LEIF, & CO A/S

1984 NKr'OOO

453,000

Wergelandsvn 7, PO Box 2596-Solli, 0203 Oslo 2 Tel: (02) 20 40 00 Cable: Hoeghlines; Hoegship Telex: 79350 HSHIP

Board of Directors: Westye Hoegh (Chairman), Truls Bergersen (President and Chief Executive Officer), John Smadal (Deputy Chief Executive Officer), Ove HI/Jegh (Non Executive Director), Christian A Olsen (Non Executive Director, US), Per A Flaate (Executive Director UK, Chairman Finance Committee)

Management: Truls Bergersen (President and Chief Executive Officer), John Smadal (Deputy Chief Executive Officer)

PRINCIPAL ACTIVITIES: Shipping company; Oil/dry cargo; LPG/LNG carriers; container/bulk/forest LO/LO products carriers; roll on/roll off car/truck carriers; liner vessels

Trade Names: Hoegh Lines, Hoegh-Ugland Auto Liners A/S (HUAL)

Subsidiary Companies: Hoegh Lines (US) Inc; Leif Hoegh (UK) Ltd; Ste Navale de rOuest; Hoegh Line (France) SA; Hoegh Line (Nigeria) Ltd; Hoegh-Ugland Auto Liners A/S; Autoliners Inc, New York; Hoegh-Ugland SARL, Paris; Autoliners UK Ltd; Autoliners Europe BV and other Hoegh representatives in the Middle East, Indonesia, Singapore, India and Taiwan

Principal Bankers: Citibank NA; Morgan Guaranty Trust Co of New York; Bank of America; Christiania Bank of Kreditkasse


Sales turnover


HORTEN VERFT (A/S) PO Box 51, N-3191 Horten

Tel: (047) 033 44220

Cable: VERFTET, Horten

Telex: 21534; 21934 (spare parts)

Board of Directors: Sigmund Kjos (Chairman)

1984

NKr'OOO

3,200,000

Management: Knut Kristiansen (Managing Director)

PRINCIPAL ACTIVITIES: Shipbuilding, ship repairing, modules and steel structures for offshore/onshore

Subsidiary Companies: A/S Langesund Verft; AfS PUSNES Marine and Offshore Services; A/S Wichmann


106



1984 NKr'OOO 860,000

41,000

Principal Shareholders: The Norwegian Government No of Employees: 2,000

HUNSFOS FABRIKKER 4700 Vennesla Tel: (042) 55 711 Cable: Hunsfos Telex: 21814

Board of Directors: Otto L Larssen (Chairman) Management: E Flaatin (Managing Director), M Holmen (Sales

Director), B l.arssen (Financial Director)

PRINCIPAL ACTIVITIES: Production of mechanical and chemical pulp and paper


Sales turnover Profit before tax Profit after tax Dividends Share capital


1984 NKr'OOO 428,000

20,000 20,000

1,800 18,000

INGENI0R THOR FURUHOLMEN A/S See FURUHOLMEN, INGENI0R THOR, A/S

INTERNATIONAL BUSINESS MACHINES A/S IBM Dronning Maudsgate 10-11, 0250 Oslo 2 Tel: (02) 20 54 50 Cable: Inbusmach Telex: 71924

Board of Directors: W Salicath (Chairman), P Munthe (Vice Chairman), H Caron, G E Wille, G H Simonsen, M Spongsveen, G Martinsen

Management: H Taule (General Manager), T Dahr, K DahlLarsen

PRINCIPAL ACTIVITIES: Data processing equipment and technical services; office equipment

Parent Company: IBM World Trade Corporation Principal Bankers: Christiania Bank og Kreditkasse Financial Information:

Sales turnover


INVESTA KONSERNET Folke Bernadottes Vei 50, 5033 Fyllingsdalen Tel: (05) 17 20 00 Cable: Investa Telex: 40082 inta n Telefax: 05-17 19 12

1984 NKr'OOO

2,328,040

Board of Directors: Johan Fr Odfjell (Chairman), Odd Rune Austgulen

PRINCIPAL ACTIVITIES: Holding company whose interests include shipping, investment, textiles and the manufacture of electrical machinery including transformers and generators

Parent Company: AfS Investa Subsidiary Companies: A/S Parma: De Forenede

Ullvarefabrikker A/S; Elektro Union A/S; E U Consultants A/S; E U Engineering A/S (UK); National Elektro AfS; National Industri AfS; West Industri Service A/S; Elektrisk Bureau AfS

Principal Bankers: Bergen Bank; Den Norske Creditbank


Sales 2,268,300 2,726,500 Profit before tax 7,900 97,800 Dividend per share 13NKr 14NKr Earnings per share 7NKr 76NKr Share capital 122,200 129,300 Shareholders funds 130,100 317,400

Principal Shareholders: Vesta-gruppen A/S; Nimbus AfS No of Employees: 8.955

ISBERGS A/S Alfaset 3, Postboks 6, Alnabru, 0614 Oslo 6 Tel: (02) 301555 Telex: 19076 isbrg n

PRINCIPAL ACTIVITIES: Trade in motor vehicles Parent Company: Catena AB, Sweden Financial Information:

Sales turnover


JOH JOHANNSON . See JOHANNSON, JOH,

JOHANNSON, JOH, PO Box 130, Sentrum, 0102 Oslo 1 Tel: (02) 25 32 52 Cable: JOHJOHANNSON Telex: 19401 JOTEL

1984 NKr'OOO 896,000

Board of Directors: Knut H Johannson (Chairman and Managing Director)

PRINCIPAL ACTIVITIES: Wholesaler of groceries; coffee roasting and grinding

Subsidiary Companies: ASKO Principal Bankers: Christiania Bank og Kreditkasse Financial Information:

Sales turnover


JONAS 0GLJEND A/S See 0GUEND, JONAS, A/S

JOTUN A/S PO Box 400, 3201 Sandefjord Tel: +47 34 61 000 Cable: Jotun Telex: 21526 Telefax: +47 34 64 613

31.12.84 NKr'OOO

2,800,000

31.12.85 NKr'OOO

3,500,000

Board of Directors: Odd Gleditsch jun, Finn Roger Andresen, Einar Abrahamsen jr, Helge Carlsen, Morten Olsen, Oddmund S0rhuus. Odd Vigmostad, Kristoffer F Wegger

Management: Leif von Krogh (Managing Director). Group Staff: 0istein B0rresen (Company Secretary), Trygve Tr0im (Technology), Odd J Enge (Purchasing), Ole Lauve (Personnel), Knut Almestrand (Finance). Divisions: Arne J Langnes (Jotun Decorative Products), lacob B Fleischer (Jotun Decorative Products), Per Berg (Jotun Marine Coatings), Kjell SIetsj0e (Jotun International), Tore Lundh (Jotun P.E.T.S.)

PRINCIPAL ACTIVITIES: Manufacture of paints and varnishes for domestic and marine purposes; synthetic resins; floor coverings; unsaturated polyester, polyurethane foam, glass fibre reinforced pipes, tanks etc

SubSidiary Companies: Jotun Polymer A/S; AfS Penkem; Skarpenord Corrosion AfS; Vera A/S; Grenoco Ltd (Greece);

107

NORWAY OY Jotun AB (Finland); Jotun A.G. (Swizerland); Jotun (Deutschland) GmbH (West Germany); Jotun France SA (99.96%) (France); Jotun-Henry Clark Ltd (UK); Jotun Marine Coatings B.V. (Netherlands); Jotun Marine Coatings Inc (USA); Jotun NOF (Singapore) Pte Ltd (85%) (Singapore); Jotun Portuguesa Detergentes Industriais e Maritimos Lda (69%) (Portugal); Jotun Sverige AB (Sweden); Jotun Thailand Ltd (79%) (Thailand); Penguin Trading B.V. (Netherlands)

Principal Bankers: Den Norske Creditbank Financial Information: Group figures

Sales turnover Profit before tax" Profit for the Group Dividends Dividends per share Share capital Total equity <and end of year adjustments

31.12.84 NKr'OOO

1,303,465 34,089 11,750 6,156

51,300 129,333

31.12.85 NKr'OOO

1,489,508 54,715 32,900

7,695 22.50NKr

51,300 150,157

Principal Shareholders: A/S Denofa and lilleborg Fabriker own 28.14% of the share capital

No of Employees: 1,665 Group, 1,060 Parent Company

KALDNES MEK. VERKSTED A/S PO Box 420, 3101 T0nsberg Tel: (033)-11640 Cable: Kaldnes Telex: 70561 KLDNS N

Board of Directors: Rolf Leisner (Chairman), Jan Didriksen (Deputy Chairman), Knut Engelbretsch, Tor Kolsrud, Jan Jensen, Sven Oskar Nilsson

Management: Diderik Schnitler (Managing Director), Ragnar Aasland (Technical Director), Eigil Kongsfjell (Financial Director), Torbj0rn Fonn (Administration Manager)

PRINCIPAL ACTIVITIES: Building of ships and drilling rigs; production for off shore industry; industrial production of heavy fork lift trucks

Trade Names: KALDNES Parent Company: A/S Pelagos Subsidiary Companies: Kaldnes Export A/S; Kaldnes Heavy lift

Trucks A/S Principal Bankers: Den norske Creditbank; Forretningsbanken;

Lazard Brothers & Co Ltd (London) Financial Information:

Sales turnover (Loss) before tax" (Loss) after tax" Share capital Shareholders funds "and allocations


KAVLI, 0, A/S Sandbrekkeveien 91 5050 Nesttun Tel: (05) 100000 Cable: Ost Telex: 40051 Kavli n

Board of Directors: 0 J Dreyer Management: T Arildsen (Managing Director)

31.12.84 NKr'OOO 318,181 (23,044)

(5,588) 3,898

10,206

PRINCIPAL ACTIVITIES: Manufacture and export of processed cheese, mayonnaise, caviar, crispbread and flat bread; canned and dried pet foods

Trade Names: Primula, Kavli, Korni Subsidiary/Associated Companies: Kavli Ltd (UK); 0 Kavli A/S

(Denmark); 0 Kavli AB (Sweden); Vestfold Flatbrodfabrikk AS Principal Bankers: A/S Bergens Skillingsbank


Sales turnover

1985

NKr'OOO 500,000

Principal Shareholders: 0 Kavli & Knut Kavli's Almennyttige Fond (Foundation)


KEFAS A/S 0kern Torgvei 3, Oslo 5 Tel: (02) 641800

Board of Directors: Bjern Olaussen (Chairman), Olav Skogen (Managing Director), H Petersen, P Hogness, K Steffensen, 0 Melsom, A Melbye

Management: Olav Skogen (Managing Director)

PRINCIPAL ACTIVITIES: Wholesale trade in groceries Subsidiary Companies: Stabburet Matcenter AIS Principal Bankers: Kreditkassen


Sales turnover


31.12.84 NKr'OOO

743,500

KLAVENESS,TORVALD,GRUPPEN Hovfaret 17, 0275 Oslo 2 Tel: (02) 55 38 80

Cable: Almarine Telex: 71206 tklav n

31.12.85 NKr'OOO

850,000

Board of Directors: Torvald Klaveness, Tom Erik Klaveness

PRINCIPAL ACTIVITIES: Shipping; dry cargo, product market and reefer


Sales turnover


KLOSTER CRUISE A/S

1985 NKr'OOO

2,451,700

Ullern Aile 41, PO Box 50 0vre Ullern, N-0311 Oslo 3

Tel: (02) 50 51 00 cable: Klostership Telex: 76439 laklo n

Telefax: 02-52 4778

Board of Directors: Einar Kloster (Chairman), Einar Falck, Trygve Hegnar, Knut U Kloster jr, Erland M Raastad, Arne Strand

Corporate Management: Erland M Raastad (President), Ulrich Baur (SVP, Hotel Corporation), Gudmund Renningen (SVP, Finance and Administration), Joseph Watts (President RVl), Roland J Zeller (Present NCl)

PRINCIPAL ACTIVITIES: Cruises Trade Names: Norwegian Caribbean Lines; Royal Viking Line

Subsidiary Companies: Norwegian Companies: AIS Sunward II; AIS Starward; AIS Skyward; AIS Southward; AIS Norway Cruises; NCl A/S; NCl Holding A/S; Royal Norwegian Cruises A/s. Foreign companies: Sun laundries Inc (USA); Bahamas Tendering Service Ltd (Bahamas); Norwegian Caribean Lines Inc (USA); Norwegian Caribean Associates NV (Netherlands Antilles); World Wide Ships Services Inc (USA); Caribbean Ships Chandler Inc (USA); Ivanhoe Catering International Ltd (Bahamas); Royal Viking Line (UK) Ltd (UK); Cruise Catering Ltd (Bahamas); Maritime Personnel Service Ltd (Bahamas)

108


Total operating revenue Operating profit Profit (loss)(1) Net profit (loss)(2) Share capital Shareholders equity (1)before year end

adjustments (2)for the year


31.12.84 NKr'OOO

3,209,899 415,654

(141,528) 103,347 58,948

505,222

31.12.85 NKr'OOO

4,323,321 343,430 181,234

(9,349) 63,948

682,711

KOMMUNAL LANDSPENSJONSKASSE Postboks 1378 Vika, N-0114 Oslo 1 Tel: (02) 206011


Premium income


KONGSBERG VAAPENFABRIKK PO Box 25, N-3601 Kongsberg Tel: (+473) 73 82 50 cable: Vaapenfabrikken Telex: 11491 vaapn n

1984 NKr'OOO

1,400,000

Board of Directors: Johan H Andresen (Chairman) Management: Rolf Qvenild (Managing Director), Egil Taule

(Executive Vice President), Rolf Erik Rolfsen (Vice President Marketing), Olav Fjell (Finance Director)

PRINCIPAL ACTIVITIES: Manufacture of gas turbines; data systems; maritime products; systems for oil and gas industry; automotive products; jet engine components and aircraft parts; missiles; weapons systems including fuses; small arms and guns

Trade Names: Kongsberg Subsidiary Companies: KME A/S; Norsk Verkteyindustri A/S;

Tensberg Pressteperi A/S; Kongsberg Scandinavia AB (Sweden); Kongsberg Ltd (UK); Kongsberg Engineering Ltd (UK); Kongsberg Systems Technology Ltd (UK); Radial Turbine Ltd (UK); Kongsberg France (France); Kongsberg GmbH (West-Germany); Kongsberg SA (Spain): Kongsberg North America Inc (USA); Kongsberg Canada Ltd (Canada); Kongsberg do Brasil Ltda (Brazil); Kongsberg (Saudi Arabia) Ltd (Saudi Arabia); Kongsberg (Asia) Pte Ltd (Singapore); Kongsberg Services (Hong Kong) Ltd (Hong Kong); Kongsberg Australasia Pty Ltd (Australia)

Principal Bankers: Den Norske Creditbank; Christiania Bank og Kreditkasse


Sales turnover Profit before tax" Profit after tax" Group result Share capital Total shareholders equity "and year end adjustments

Principal Shareholders: State of Norway No of Employees: 4,488

KOSMOS, AKSJESELSKAPET, PO Box 2006, N-3201 Sandefjord Tel: (034) 66500 Cable: Pelagic Telex: 21460 JAHRE N

31.12.84 NKr'ooO

2,233,578 8,898 6,702 4,294

597,000 453,412

Board of Directors: Otto Grieg Tidemand (Chairman), Bj0rn Bettum, Herbj0rn Hansson, Oluf Arntsen

PRINCIPAL ACTIVITIES: Industry, shipping, hotels and passenger transport, offshore industry

Subsidiary Companies: Anders Jahre A/S; Det Bergenske Dampskibsselskab; Jahre Fabrikker A/S; Sties Termotransport A/S; Bast0fergen A/S; Park Hotel A/S; Hotel Caledonien A/S; Hotel Contihansa; A/S Sandefjords Blad; Nordenfjeldske Shipping A/S; Saugbruksforeningen; Agnes Fabrikker A/S; Fjeldstad A/S; Jahre Line; Norsk Flytjeneste A/S; Jahre Offshore I A/S

Principal Bankers: Bergen Bank; Christiania Bank og Kreditkasse; Lazard Brothers & Co


Group sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per share Earnings per share Share capital Equity capital


31.12.84 NKr'OOO

2,771,138 75,339 49,930 12,845 37,085

5NKr 28.92NKr

118,661 838,223

KV JERNER INDUSTRIER A/S Hoffsveien 1, PO Box 100, Skoyen, 0212 Oslo 2 Tel: 47 2 50 25 50 Cable: Kvaerner Telex: 74639 KVIND N

31.12.85 NKr'OOO

4,282,071 154,979 122,273 59,803 62,470

5NKr 14.85NKr

299,128 1,667,806

Board of Directors: Carl R0tjer (Chairman), Mikal H Gr0nner (Group President)

Management: Mikal H Gr0nner (Group President) Senior Executives: A L0nning, H J Frank

PRINCIPAL ACTIVITIES: Holding company with interests in shipbuilding, mechanical engineering, offshore construction, consultancy engineering, shipping, trade

Trade Names: KVA:RNER Subsidiary/Associated Companies: Kvaerner Brug A/S;

Kvaerner Engineering; Myrens Verksted A/S; Moss Rosenberg Verft A/S; Thune-Eureka A/S; Mesna Bruk A/S and many others


Sales turnover Profit betore tax' Profit after tax' Dividends Dividends per share Earnings per share Share capital Shareholders funds 'before extraordinary items

31.12.84 NKr'OOO

5,112,076 295,736 219,648 33,000

3.75NKr 28.54NKr

220,000 1,091,695

31.12.85 NKr'OOO

5,443,469 381,762 312,901 33,000

3,75NKr 33.60NKr

242,000 1,226,700

Principal Shareholders: Elkem (27%); The Bergesen Group (13%); The Vesta Group (11 %) (as at 4th September 1986)


KVERNELAND A/S 4344 Kverneland Tel: (04) 42 39 00 Cable: Kvern, Kvernland Telex: 33070 Kvern n

Board of Directors: Aadne Kverneland (Chairman) Management: Kjell Harstad (Managing Director), Harald Sig

Pedersen (Finance Director), Johann Salte (Marketing Director), Kjell Molven (Technical Director)

109

NORWAY PRINCIPAL ACTIVITIES: Manufacture of agricultural machinery

including ploughs and harrows; forging and heat treating of iron and steel

Trade Names: Kverneland Subsidiary Companies: Globus A/S; Kyllingstad A/S, Norway;

Kverneland AB, Sweden; Kverneland-Fraug de A/S, Denmark; Kverneland (UK) Ltd, UK; Blanchot SA, France

Principal Bankers: Bergen Bank A/S Financial Information:

Sales turnover Profit before tax Profit after tax Dividends Dividends per share Earnings per share Share capital


LEIF HOEGH & CO A/S See HOEGH, LEIF, & CO A/S

LINJEGODS A/S Ulvenveien 111, Oslo 6 Tel: (02) 64 90 30 Telex: 76624 LG PRON

1984 NKr'OOO 688,126

62,255 48,742 8,167

1.80NKr 11.45NKr

45,375

Board of Directors: S Kjos (Chairman), Svein E Ovesen (Managing Director), K H Hagen, P Tarbjoernsen, E Gjertsen, H Ottesen, S Stoje

Management: Svein E Ovesen (Managing Director)

PRINCIPAL ACTIVITIES: Transport services including road haulage, container transport, general cargo traffic, freight forwarding


Sales turnover Profit (loss) after tax Share capital

31.12.84 NKr'OOO

1,048,000 (1,200) 30,000

31.12.85 NKr'OOO 892,000

12,000 25,000

Principal Shareholders: NORGES STATSBANER; Transport Invest A/S; Bilspedition A/B


L0VENSKIOLD-V JEKER0 A/S Drammensveien 230, Sk0yen, Oslo 2 Tel: (02) 509050 Cable: Nordmarken Telex: 11780

Owners: Harald L0venskiold (Chairman), Carl Otto L0venskiold, Peder L0venskiold, Nicolai L0venskiold, Viiker0 Invest

Directors: Harald L0venskiold (Managing Director) Senior Executives: R Andreassen, R S0egaard, 0 E Bjarre, Carl

Otto L0venskiold

PRINCIPAL ACTIVITIES: Manufacture and wholesale and retail sale of a wide range of wood and wood products and all types of building materials and equipment


Sales turnover Profit after tax Share capital


M PETERSON & SON A/S See PETERSON, M, & SON A/S

1984 NKr'OOO 446,237

15,643 25,000

1985 NKr'OOO 508,558

16,364 25,000

NORWAY

MOBIL OIL A/S NORGE Boks 8371 Hammersborg, N-0129 Oslo 1 Tel: (02) 42 94 50 Cable: Mobil oil Telex: 71259 oslo n

Board of Directors: T Hirsch (Chairman), Ph Trepant (Managing Director), K Moursund, G Rogndokken, T Aarre, G J G Doctors, P Solbrekken, H I Hattrem, J C Simpson

Management: Ph Trepant (Managing Director) Senior Executives: K Simonsen, E Hvile A B H0st, B Haugen, K

Moursuund

PRINCIPAL ACTIVITIES: Import, storage, distribution and sale of petroleum products

Parent Company: Mobil Oil Corporation, USA Subsidiary Companies: Mobil Fyringservice A/S Principal Bankers: Bergen Bank Financial Information:

Sales turnover


MOELVEN BRUG A/S N-2391 Moelv Tel: (065) 68 000 Cable: Moelven Telex: 76350 moelv n

1984 NKr'ooO

1,445,700

Board of Directors: Svein Aaser (Chairman), M Dobloug, J Thorsrud, T Tamburstuen, E Boe, E Torgersen, P I Pedersen

Management: Haakon Bjertnaes (Managing Director) Senior Executives: V Wetlesen, F Alhaug, H Sund, E K

Sundbye, P E Pedersen

PRINCIPAL ACTIVITIES: Prefabricated houses, glue laminated wood, woodwork, sawmill, mechanical products, ski, commercial buildings, semipermanent dwellings

Trade Names: A.S. Moelven Brug Subsidiary Companies: Moelven Limtre AfS; Moelven

Mjosbruket AfS; Moelven KVEernum Brug A/S; Moelven Mekaniske Industri AfS; Moelven Transport A/S; Moelven Finans A/S; Moelven Engineering AfS; lIS Mjossentret; Toreboda Limtra AB; Moelven Dalatra AB; Moelven LNJ SpEendtra AfS; LimtrEe A/S; Moelven UK Ltd


Sales turnover Profit before tax Profit after tax Dividends Dividends per share Earnings per share Share capital Shareholders funds 'including share capital

31.12.84 NKr'OOO 927,000

15,000 9,800 4,000

3.00NKr 7.30NKr

33,700 62,500

Principal Shareholders: Nimbus (25%); Avanse (8%) No of Employees: 1,850

MOHN, FRANK, A/S Postboks 98, 5051 Nesttun Tel: (05) 10 06 00 Cable: Framoh Telex: 42078 framo n

31.12.85 NKr'OOO

1,048,000 25,000 20,700

4,500 3.00NKr

12.64NKr 37,700 80,000

Board of Directors: Frank Mohn (Chairman and Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of a wide range of pumps including stationary and portable, centrifugal, rotary, marine, fire fighting, submersible, sand and mud and emergency pumps; heat exchangers; oil recovery systems; gears and clutches

110

Trade Names: FRAMO Financial Information:

Sales turnover


M0LLER-GRUPPEN Frysjaveien 31, Sagena, Oslo 4 Tel: (02) 23 38 85 Cable: Strom car Telex: 71129

Chairman: Jan H M011er

1984 NKr'OOO 691,800

Directors: Harald Aars M011er (Managing Director), Peter P Stabell, Ellen Schage

Senior Executives: H Sandvig, E Wettre, T Rasmussen, 0 Nord, J Sannem, K Kopstad

PRINCIPAL ACTIVITIES: Motor trading; agents for Volkswagen, Audi and Dodge; production of toys, sport and leisure goods; plastic products; container and transport services; car leasing and rental

Parent Company: M0l1er-Gruppen a.s. Subsidiary Companies: Harald A M011er A/S; Harald A M011er

Auto A/S; Harald A M011er Skedsmo A/S; Harald A M011er Investment A/S; Inter Rent A/S; Hamax Industri A/S; Systemtransport A/S; M011er Elektronikk A/S; Vefi A/S; Norca Ind. Ltd (Canada) and 15 Volkswagen/Audi Dealer Companies out of a total of 80


Sales turnover Profit before tax Share capital

Principal Shareholders: M011er Family No of Employees: 1,300

M0LLESENTRALEN lIS Treschowsgt 2B, 0477 Oslo 4 Tel: (02) 15 00 10

Management: Hans F Halvorsen

1985 NKr'OOO

2,700,000 90,000 38,500

PRINCIPAL ACTIVITIES: Flour milling; manufacture of animal feedstuffs; trade in tinned vegetables, sauces, edible oils, food colourings and fertilisers

Parent Company: Bj01sen Valsm011e A/S Financial Information:

Sales turnover


MOSS ROSENBERG VERFT A.S. PO Box 220 Sk0yen, 0210 Oslo 2

1984 NKr'OOO

1,068,400

Tel: 02-507900 Oslo, 04-545000 Stavanger, 032-52221 Moss Telex: 72177 mrvos Oslo; 33029 mrv Stavanger; 76334 mvd

Moss

Board of Directors: Carl R0tjer (Chairman), Management: Hans J0rgen Frank (Managing Director), Hans J

Frank (Director, Oslo), Karl Mar0Y (Director, Oslo), Martin 0 Todnem (Director, Oslo), Ole Jacob Haaland (Director, Rosenberg Verft), Arild Clausen (Director, Moss Verft)

PRINCIPAL ACTIVITIES: Shipbuilders and repairers with yards at Moss and Stavanger, Norway. Builders of offshore units (engineering and steel structures) and makers of ships equipment. Gas ship owners and operators. International licenser of gas ship technology

Parent Company: KVEerner Industrier A/S, Oslo, Norway

Subsidiary Companies: A/S Nye Fredriksstad Mek. Verksted; HAEB AjS

Principal Bankers: Den norske Creditbank Financial Information:


1984 NKr'OOO

1,765,000 62,259 32,715 16,049 16,667

166,67NKr 327.15NKr

100,000 110,191

Principal Shareholders: Kvaeerner Industrler A/S (85.6%); Kvaeerner Brug A/S (14.4%)


NARVESEN A/S Bertrand Narvesensv 2, PO Box 6125, 0602 Oslo 6 Tel: (02) 684020 Telex: 76835 nordi n

Board of Directors: Jan Harsem (Chairman), Thor f21sthagen, Berit Arntsen, Knut Ellingsen, Tore Lindholt, Else Bugge Fougner

Management: Gyrd Skraaning (Managing Director)

PRINCIPAL ACTIVITIES: Operation of kiosks; trade in books, magazines and periodicals; hotel interests; catering activities including railway catering

Principal Bankers: Sparebanken ABC Financial Information:

Sales turnover Profit before taxI 1 ) Profit after tax(2) Retained profit(3) Dividends Dividends per share Earnings per share Share capital Shareholders funds (l)result before extraordinary

items (2)(1)less taxes (3)net profit after year end

adjustments and dividends

31.12.84 NKr'ooo

l,n8,500 40,300 29,700

8,750 2,000 5NKr

53NKr 10,000 95,200

31.12.85 NKr'OOO

2,026,800 57,100 45,900 11,600 3,000 8NKr

115NKr 30,000

127,300

Principal Shareholders: The Institution 'Fritt Ord' (The Free Word); Norwegian State Railways


NATIONAL ELEKTRO A/S Ulvenveien 75, Postboks 53, 0581 Oslo 5 Tel: (02) 64 49 70 Cable: Elektron Telex: 71265 ne n

Management: K E Almskog

PRINCIPAL ACTIVITIES: Manufacture and installation of a wide range of electrical plant and eqUipment for many applications including electricity generation, industry and offshore; control and automation

Parent Company: Investa A/S Financial Information:



1984 NKr'ooo

1,080,200 38,800

111

NORWAY

NATIONAL INDUSTRI A/S Brakeroya, PO Box 470, 3001 Drammen Tel: (03) 83 78 70 Cable: Kobber Telex: 76623 delta n; 72569 delta n

Management: Olaf Harald Mehus (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of wires, generators, transformers, capacitors




NESTLE NORGE A/S

31.12.84 NKr'OOO 646,000 32,000 27,000 18,000 80,000

103,000

Billingstadsletta 13, PO Box 595, 1301 Sandvika Tel: +47 2 98 03 01 Telex: 76226 nest n Telefax: +47298 oon Management: Pierre Goetschi (Managing Director)

31.12.85 NKr'OOO no,ooo 41,000 35,000 15,000 80,000

103,000

PRINCIPAL ACTIVITIES: Manufacture and import of baby care products, baby foods, culinary products, instant coffee, dried and condensed milk, sandwich spreads and a wide range of frozen food products

Trade Names: Aponti, Findus, Maggi, Nestle Parent Company: Nestle SA, Switzerland Principal Bankers: Den norske Creditbank


NIDAR BERGENE A.S. Bromstadveien 2, N-7000 Trondheim Tel: (07) 91 64 00 Cable: Nidar Telex: 555 01 nb n Telefax: 07-91 78 28

Chairman: Jorgen B Lysholm Directors: Svein Sivertsen (Managing Director) Sen/or Executives: Einar f21xnevad Hagen (Administration and

Financial Director), Aif Bergene (Marketing Director), Kjell Eriksen (Technical Director), Olav Vaagen (Purchase Director), Audun Kvinnesland (Manager PrOd. Development), Tore Bakke (PR/lnfo Manager), Stig Finnanger (Sales Director)

PRINCIPAL ACTIVITIES: Manufacture of confectionery and ice cream

Trade Names: Stratos, GullbrflJd, Cuba, Crispo, Troika, Can Can, Sfinx, Sonja, Tato, Barnetimen, Lys KokesJoko

PrinCipal Bankers: Forretningsbanken A/S Financial Information:

1984 1985 NKr'OOO NKr'OOO

Sales turnover 764,117 821,535 Profit before tax 30,117 50,086 Profit after tax 5,972 19,412 Dividends 4,214 4,950 Dividends per share 2.80NKr 2.80NKr Earnings per share 15.72Nkr 17.07NKr Share capital 30,100 40,610 Shareholders funds 65,886 103,508

Principal Shareholders: Forenede Liv (10.8%); Nordenfjeldske Invest (9.8%); Anders Bergen (4.4%)


NORWAY

NOOEST INOUSTRIER A/S Postboks 206 Sentrum, 0103 Oslo 1 Tel: (02) 33 5870 Cable: Nodeverker Telex: 19417 node n

Management: Jacob D Riis0en

PRINCIPAL ACTIVITIES: Manufacture of paints, resins, varnishes, sealants, coal tar products, asphalt




NORA INOUSTRIER A.S. Holbergsgate 1, PO Box 7002-H, 0306 Oslo 3 Tel: (02) 11 00 90

Chairman: Per W Fossum Directors: Leif F Onarheim

1984 NKr'OOO 809,750

17,760

Senior Executives: Dag C2J Dvergsten, Olaf Eie, Tor Skare, Georg Sandberg, Hans Halvorsen, Steiner Manengen. Kai G Hovino

PRINCIPAL ACTIVITIES: Beer:- The Company is the leading Norwegian brewery producing and distributing its own brands in addition to others such as Tuborg and Heineken under licence. Soft Drinks:- The production and distribution of mineral water and soft drinks, including Coca Cola, 7Up and Schweppes. Real Estate:- The management of commercial property portfolio. Helly-Hansen:- Waterproof, thermo and leisure garments. Idun:- Grocery products, catering supplies and bakery products. Bj0Isen:- Production and distribution of household flour, sales of brand-name food products, production and distribution of feedstuff and distribution of fertilisers

Trade Names: Nora, Frydenlund, Ringnes, Idun, MoelleSentralen, Helly-Hansen, Farris. Under Licence:- Coca Cola, Schweppes, 7Up, Heineken, Tuborg and others

Subsidiary Companies: Frydenlund Ringnes Bryggerier AjS; Nora Mineralvann A/S; Idun Fabrikker A/S; Bj01sen Valsem011e AjS; Helly-Hansen A/S; Nora Eiendom A.S.


Sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per share Earnings per share Share capital Shareholders funds ·Group figures consolidated

with Nora, Idun, Bj01sen and Helly-Hansen

31.12.84 NKr'OOO

1,324,700 107,600 93,300 79,400 13,900

3.75NKr 24.20NKr

92,400 107,800

31.12.85· NKr'OOO

2,854,200 174,600 136,200 114,200 22,000

3.75NKr 22.77NKr

146,900 191,200

Principal Shareholders: Orkla Industrier (6.9%); Norsk Hydro (pension fund etc) (6.4%); Fagerstaa-Haak (5.99%); Kreditkassen (4.93%); Store brand-Norden (3.55%)


NORCEM, A/S, Haakon VII's gate 2, Box 1386, Vika, 0114 Oslo 1 Tel: 472412770 Cable: Norcem Telex: 71148 Nocem n Telefax: 0241 71 27

Board of Directors: Harald Jakhelln (Chairman), Einar Falck (Deputy Chairman), Hans Bj0ntegard, Bj0rn Sandberg, Lars A

112

Christensen, Sven Borlius, Nils J0rgen Astrup, Kai Johansen, Kare B C2Jvertveit

Management: Gerhard Heiberg (President), Kje" 0 Kran (Chief Operating Officer), Bj0rn Selleg (Executive Vice President), Olav K Christiansen (Executive Vice President), Kaare Tisthammer (Executive Vice President)

PRINCIPAL ACTIVITIES: Cement; building materials: Leca light expanded clay aggregates, J0tul fireplaces and stoves, landa roofing tiles, concrete, concrete products, aggregates, precast concrete elements, aerated concrete elements, saws for building construction. Petroleum services: production, drilling, base activities, trade and supply services, ownership/management in drilling rigs and production/testing ship, drilling fluids/mud. Engineering, construction, contracting, Real estate development. Civil engineering/construction

Trade Names: Norcem, Leca, J0tul, landa, Norwell SubSidiary Companies: Norcem Cement A/S; NorVallnc.;

Liberia Cement Corporation; Cimtogo; Norcem Betong A/S; Norcem Bygg A/S; Jotul Industrier AjS; landa A/S; landa AB; Norcem Hughes A/S; Norcem Comex Subsea A/S; Norcem Anchor A/S; Norcem Drilling A/S; Norcem Norsea A/S; Norcem Symac A/S; Golar-Nor Offshore AjS; Akermeck Verksted A/S (55%); Astrup Hoyer A/S (80% Aker)

Principal Bankers: Den norske Creditbank; Christiania Bank og Kreditkasse; Bank of America; Hambros Bank Ltd; Deutsche Bank; Chemical Bank

Financial Information: 31.12.84 NKr'OOO

Sales turnover 3,469,000 Profit before tax 227,000 Profit after tax 203,000 Retained profit 83,000 Dividends 45,000 Dividends per share 13% Earnings per share 23.45NKr Share capital 408,000 Shareholders funds 735,000


NORCEM-BYGG AIS Brobekkveien 84, PO Box 66, Risl0kka, 0516 Oslo 5 Tel: (02) 651340 Cable: Norskleca Telex: 11325

Board of Directors: Kje" Kran (Chairman) Management: Tore Bech (Managing Director)

31.12.85 NKr'OOO

4,051,000 289,000 219,000 85,000 58,000

13% 25.15NKr

449,000 783,000

PRINCIPAL ACTIVITIES: Pre-cast lightweight concrete building elements and blocks

Trade Names: Leca, Fibo Parent Company: A/S Norcem Subsidiary Companies: A/S Norsk Leca; A/S Norsk Tegl; A/S

Lettjord, Norway; As Fibo, Denmark Principal Bankers: Christiania Bank og Kreditkasse Financial Information:



31.12.84 NKr'OOO 510,000 43,700 37,700 50,000 70,000

31.12,85 NKr'OOO 584,000 52,300 45,400 50,000 70,000

NOROM0RE & ROMSOAL MEIERI AIL AVO. KRISTIANSUNO Storgaten 13, PB 129, 6501 Kristiansund N Tel: (073) 74811 Cable: B0ndernes

Board of Directors: Marius Flatvad (Chairman)

Senior Executives: Jostein Kolberg (Dairy Manager)

PRINCIPAL ACTIVITIES: Production of butter, cheese and consumption milk


Sales turnover

1984 NKr'OOO 395,000

No of Employees: 320 (company), 70 (Avd Kristiansund)

NORD-NORGES SALGSLAG AIL PO Box 1, Rikard Kaarbesgt 19, 9400 Harstad Tel: (082) 64040 Telex: 64042

Board of Directors: Fredrik Vik (Chairman), Ole-Ludvik Kleven (Managing Director), K G Jacobsen, T Nestvik, J Kestila, A Otting, T Mannsverk

Management: Ole-Ludvik Kleven (Managing Director) Senior Executives: R Nymo, T Trondsen, 0 J Solvang


Sales turnover

1984 NKr'OOO

1,172,350


NOREMA A/S Skarerv 119, 1473 Skarer Tel: (02) 70 25 00 Cable: Norema Telex: 76141 NORDI N

Board of Directors: R P Aukner (Chairman), 0 Bangfield, B Q

Aasered, K Glad, F V Lorentzen, R Gabrielsen, T Wethal Management: Nils Greholdt (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of fitted furniture and units for kitchens, bathrooms, offices, laboratories, store rooms and institutions; sanitary equipment

Principal Bankers: Bergen Bank A/S; Christiania Bank og Kreditkasse


Sales turnover Profit before tax Retained profit Dividends Share capital

Principal Shareholders: G-Invest A/S No of Employees: 1,642

31.12.84 NKr'OOO 839,060 31,380 27,730

70,849

NORGES KJ0TT OG FLESKESENTRAL NKF Lerenveien 37, Oslo 5 Tel: (02) 150510 Cable: Flekesentral Telex: 71302

31.12.85 NKr'OOO 939,348

61,074 54,152 3,542

70,849

Board of Directors: Fredrik Vik Chairman), Finn T Isaksen (Managing Director), L Mengshoel, 0 G Dokken, T Volden, K Larsen, T Ivarson, " Enger

Management: Finn T Isaksen (Managing Dirctor)

PRINCIPAL ACTIVITIES: Export, import and trade in fresh and frozen meat, canned goods, hides and wool

Principal Bankers: Bendernes Bank A/S Financial Information:

Sales turnover


31.12.84 NKr'OOO

2,323,000

113

NORWAY

NORGES KOOPERATIVE LANDSFORENING NKL Revierstredet 2, PO Box 451, Sentrum, Oslo 1 Tel: (02) 20 62 90 Cable: Koopengros

Telex: 19450 nklhqn

Board of Directors: Magne Belviken (Chairman), Knut Vaerdal (Managing Director), F E Edvardsen, H F Halvorsen, S Halvorsen, Odd Larsen, Gunnar Dovland

Management: Knut Vaerdal (Managing Director)

PRINCIPAL ACTIVITIES: Import and trade in a wide range of goods including textiles, clothing, paper, precious metals, fruit, vegetables, coffee, tea, cocoa, sugar, furs, household goods and fancy goods

Principal Bankers: Samvirkebanken A/S Financial Information:

1984 NKr'OOO

Sales turnover 4,942,000 Profit before tax 92,000 Profit after tax 84,000 Retained profit 30,000 Dividends 54,000 Share capital 210,000 Shareholders funds 368,000

1985 NKr'OOO

5,453,000 98,000 90,000 28,000 62,000

229,000 396,000

Principal Shareholders: Cooperative Retail-Societies in Norway


NORGES STATSBANER Norwegian State Railways Storgaten 33, Oslo 1 Tel: (02) 20 95 50 Cable: Jernbanestyret

Telex: 71168 nsbdc n

Directors: Robert F Norden

PRINCIPAL ACTIVITIES: Railway services

Principal Bankers: Fellesbanken A/S; Norges Bank Financial Information:

Sales turnover

Principal Shareholders: State owned


NOR PIPE A/S

1984 NKr'OOO

2,490,100

Breidablikkv 3, Box 3068, Mariebo, 4001 Stavanger Tel: (04) 58 80 40 Telex: 33223 norpi n

1985 NKr'OOO

2,792,700

Board of Directors: T Espedal (Chairman), 0 Heigre, J Larsen, P Mellbye, J S Middelthon, T I Willumsen, M H McConnell, P P J Orban, F Bandinelli, J Undeli, Y B Heide, F J Morane

PRINCIPAL ACTIVITIES: Construction and operation of pipeline systems from the North Sea Ekofisk Oil Field to Teesside and a gas pipeline to Emden in West Germany


31.12.84 31.12.85 NKr'OOO NKr'OOO

Operating revenues 1,838,495 2,004,456 Profit after tax 201,900 221,940 Dividends per share 181,718 199,748 Share capital 780,000 780,000

Principal Shareholders: Phillips Petroleum Group (50%); Statoil (50%)

No of Employees: 40

NORWAY

NORSILDMEL Conrad Mohrs Vei 11, PO Box 23, N-5032 Minde Tel: (05) 28 49 00 Cable: Norsildmel Telex: 42179

Board of Directors: Harald Sirnes (Chairman), Bernt Chr Vedeler (Managing Director)

Management: Gunnar Falck Olsen (Finance Director), Johan Martens (Assistant Director)

PRINCIPAL ACTIVITIES: Sales organisation for fish meal and fish oil

Principal Bankers: Bergen Bank; Kreditkassen Financial Information:

Sales turnover

No of Employees: 32

NORSK AGIP A/S

1984 NKr'OOO

1,568,000

1985 NKr'OOO

1,402,000

Karl Johansgt 27, Postboks 9581-Egertorget, N-0128 Oslo 1 Tel: (02) 42 66 30 Telex: 19236 agip n

Board of Directors: Cesare Liverani (Chairman), Franco Bandinelli

PRINCIPAL ACTIVITIES: Exploration for, and production of oil Financial Information:

Sales turnover

No of Employees: 70

NORSK ALCOA A/S N-8650 Mosj0en

PRINCIPAL ACTIVITIES: Aluminium processing Financial Information:

Sales turnover

NORSK DATA A.S Olaf Helsets Vei 5, Oslo 6 Tel: 47.2.62.60.00 Telex: 74448 nd n Telefax: 47.2.29.67.96

1984 NKr'OOO

5,582,400

1984 NKr'OOO 780,850

Board of Directors: Terje Mikalsen (Chairman), Tharald Br0vig (Vice Chairman), Rolf Skar (President, Chief Executive Officer), Brynjulf Evensen, Marit Skatrud Andersen, Tor Egil Holm, Lars Christensen

Management: Rolf Skar (President, Chief Executive Officer), Tor Alfheim (Vice President, Engineering), Lars Gahnstr0m (Vice President, Marketing UK, Central Europe), Odd Gr0ndal (Vice President, Manufacturing), Truls Sanner (Vice President, Finance), Asmund SI0gedai (Vice President, Marketing, Scandinavia, North America, NO Comtec and International Operations), Horst Enzelmuller (Vice President, Marketing West Germany), Roy Jensen (Vice President, Marketing Norway)

PRINCIPAL ACTIVITIES: Norsk Data is a computer company which designs, manufactures, sells and services generalpurpose medium-sized computers and computer systems in the price range of NKr 135,000, to NKr 3,500,000

Trade Names: NO (NO 110 to NO 580 & NO 110 Satellite) Subsidiary Companies: Norsk Data A.S. (Denmark); Norsk Data

Ltd (UK); Norsk Data S.A.R.l. (France); Norsk Data S.A. (Switzerland); Norsk Data N.A. Inc (USA); Norsk Data b.v (Netherlands); NO Norsk Data AB (Sweden); NO SILVIDATA AB (Sweden); Norsk Data Comtec; Comtec Datensysteme GmbH (Germany); Norsk Data GmbH (Germany); Oy Norsk

114

Data AB (Finland); Norsk Data Ireland Ltd (Eire); Norsk Data International (Hong Kong); Infologic A.S.




31.12.85 NKr'OOO

1,888,100 364,100 298,300 37,400 37,000

1.25NKr 10.05NKr

592,400 365,700

NORSK ELEKTRISK & BROWN BOVERI (A/S) NEBB Bygd0y Aile 135, Box 263, Sk0yen, 0212 Oslo 2 Tel: (02) 439050 Cable: NEBB Oslo Telex: 71268 NEBB N Telefax: (02) 43 98 44

Board of Directors: F M Bugge (Chairman), F H Enger (Managing Director), A Sj0moen, S Ellingsen, T Ustaheim, P Kristiansen, V Hveding

Management Board: F H Enger (Managing Director), B A Jensen (Deputy Managing Director), S Lie (Corporate Development and Personnel), T H0iem (Administration and Finance), S Lie (Machine and Traction Group), E Stensholt (Standard Material and Switchboard Group), 0 G Holter (Engineering Group), T Bang- Steinsvik (Installation and Trading Group)

PRINCIPAL ACTIVITIES: Production, engineering, trading and installation within the electrotechnical area

Trade Names: NEBB; BBC Parent Company: BBC Brown, Boveri & Company Ltd, Baden,

Switzerland (52.5%) SubSidiary Companies: A/S Str0mmens Vrerksted; Vestfold

Contracting A/S Principal Bankers: Den Norske Creditbank Financial Information:



NORSK HYDRO A.S. Bygd0y aile 2, Solli 0203 Oslo 2 Tel: (02) 432100 Cable: Norskhydro Telex: 78350 hydro n

1984 NKr'OOO

1,599,000 67,000 54,000 40,000 14,000 14NKr 52NKr

100,000 144,000

1985 NKr'OOO

1,739,000 81,000 65,000 51,000 14,000 14NKr 59NKr

100,000 147,000

Board of Directors: E Abrahamsen (Chairman), T Aspengren, 0 Narud, G Rambaud, H Sandvold, H St0ren, H G 0 T0rre, T Aakvaag, Ola Grindal, Ingleif Iversen

President: T Aakvaag; Corporate Staffs: F A Hvistendahl (Finance), E Mykelbust (Personnel and Organisation), 0 S Gullberg (Public Affairs), A Ringnes (Legal), S Kjos (Corporate Affairs)

Operating Groups and Divisions: Agricultural Group:- E T0nseth, E Syrstad (Industrial Chemicals Division). Oil and Gas Group:T Bergem, E Wathne (Exploration, R&D), S Plahte

(Technology and Field Development), T Hakstad (Operations), o Solheim (Refining and Marketing Division). Petrochemical Division:- R Saether. Aluminium Division:- 0 Flaa. Electric Power Division:-O Ramsholt. Magnesium Division:- N 0 H0yPetersen. Business Development Division:- J 0 Ottestad

PRINCIPAL ACTIVITIES: Chemical and metal processing and manufacture; production of plastics, oil and petroleum products, fertilisers, aluminium, magnesium, engineering products, electric power; interests in North Sea Oil and gas exploration and production

Subsidiary Companies: (100% owned unless stated): Dyno Industrier AS (50.47%); Hydroship as; Hydro Aluminium Offshore as; Hydro Olje as; Hydro Transport as; A.S Industriforsikring; AIS Mowi; Norpetrol as; Norsk Hydro Aluminiumprofiler as; Norsk Hydro Geisum as; Norsk Hydros Handelsselskap as; Norsk Hydro Produksjon as; Norsk PVCR0r as; Promud AIS (72.55%); R0ldal-Suldal Kraft AjS (91.26%); AIS SV93lgfos, Norway; Hydro Beteiligungsgesellschaft, Austria; Norsk Hydro Belgium SA, Belgium; Norsk Hydro Comercio e Industria Ltda, Brazil; Noralu AG (97%); Norsk Hydro Trading SA, Switzerland; Norsk Hydro Aluminium GmbH; Norsk Hydro Magnesiumgesellschaft GmbH; Ruhr-Stickstoff AG; T0nder Aluminium Gesellschaft mbH, Germany; AIS Korn- og Foderstof Kompagniet (51.15%); AIS Korn- og G0dningsforretningen af 1/10.1970 (50%); AIS Kulsyre- & T0risfabriken "UNION"; Norsk Hydro Danmark as; Norsk Hydro Industrikemi as; Norsk Hydro Olie as; T0nder Aluminium as, Denmark; Finska Kolsyreindustri Ab (50.5%), Finland; Alunord SA; Francengrais SARl; Hydro Aluminium Chateauroux, France; Alumelt Ltd; Aluminium Precision Extruders Ltd; Diamond Fertiliser and Chemical Co Ltd; Golden Sea Produce Ltd; Norsk Hydro Fertilizers Ltd; Norsk Hydro Oil & Gas Ltd; Norsk Hydro Petroleum Ltd; Norsk Hydro Polymers Ltd; Norsk Hydro (UK) Ltd; Norsk Hydro Westbrom Ltd, UK; Norsk Hydro (Far East) Ltd, Hong Kong; Norsk Hydro Italiana Spa, Italy; Norsk Hydro (M) Sdn.Bhd. (70%), Malaysia; Nederlandse Stikstof Maatschappij BV; Norsk Hydro Holland BV, Netherlands; De Forenade Kolsyrefabrikernas Gas AB; Integral Profilsystemer AB; Norsk Hydro Aluminium AB; Norsk Hydro Bensin AB; Norsk Hydro Olje AB; Norsk Hydro Plast AB; Norsk Hydro Sverige AB; Skogens GOdslings AB; Supra AB; Svenska AB Eloxal, Sweden; Hydro Thai limited (49%), Thailand; Hydro Aluminium Automotive Inc; Norsk Hydro Aluminium Inc; Norsk Hydro Sales Corporation; Transnitro Inc (£6.66%), USA; Norsk Hydro Zimbabwe Private Ltd, Zimbabwe. Other forms of investment included in the consolidated Accounts: lIS Hydrokem (Partnership) (57.5%); lIS Noretyl (Partnership) (51%); lIS R0ldal-Suldal Kraft (Partnership) (95.21%); lIS Skafsa Kraftverk (Partnership) (51.66%); lIS Sundsfjord Kraftlag (Partnership) (60.7%), Norway. Additions for 1986: Hydro Aluminium a.s; Cofaz SA (80%); Carmeda AB (90.45%); Carmeda a.s (90.45%); Skandinavisk Gasteknik AB (60%); Marine Biochemicals A/S; Biogram AB (70%); J C Martens AIS


31.12.84 31.12.85

NKr'OOO NKr'OOO Group sales turnover 35,557,000 41,923,000 Profit before tax 5,246,000 5,815,000 Profit after tax 2,017,000 2,080,000 Retained profit 1,632,000 1,567,000 Dividends 385,000 513,000 Dividends per share 4.50NKr 6.00NKr Earnings per share 23.60NKr 24.30NKr Share capital 2,140,000 2,140,000 Shareholders equity 8,420,000 10,591,000

Principal Shareholders: The Norwegian State (51%)


115

NORWAY

NORSK JERNVERK (AS) N-8600 Mo Tel: (078) 50000 Cable: Jernverket Mo Telex: 55025 jverk n

Board of Directors: G Harg (Chairman) Management: P Bakken (Managing Director)

PRINCIPAL ACTIVITIES: .Iron and steel industry Trade Names: noriron, norhite, nortln, norco, norpol Subsidiary Companies: Norsk Jernverk UK Ltd; AIS Norsk

Jernverk BRD GmbH; Staba Norsk Jernverk GmbH Principal Bankers: Den Norske Creditbank; Bergen Bank AIS Financial Information:

1984 NKr'OOO

Sales turnover 1,978,000 Profit before tax 106,094 Profit after tax 105,643 Share capital 485,000

Principal Shareholders: The Kingdom of Norway (80%); Elkem AS (20%)


NORSK KOLLEKTIV PENSJONSKASSE AS Postboks 4300, N-5013 Nygaardstangen Tel: (05) 321020

PRINCIPAL ACTIVITIES: Provision of life and pension insurance Financial Information:

Premium income


NORSK MEDISINALDEPOT Sven Oftedals Vei 10, Oslo 9 Tel: (02) 16 01 50 Cable: Medisinaldepot Oslo Telex: 18223

1984 NKr'OOO 906,440

Board of Directors: Professor dr med Erik Enger (Chairman) Management: Alf Tr0stheim (Managing Director)

PRINCIPAL ACTIVITIES: Import, trade and wholesale of pharmaceuticals, chemicals and drugs

PrinCipal Bankers: Bergen Bank Financial Information:

Sales turnover Profit before tax Retained profit Dividends

Principal Shareholders: State owned No of Employees: 500

NORSK OLJE A.S Norol

31.12.84 NKr'OOO

1,488,339 30,854 26,254

1,100

Postboks 1176, Sentrum, N-0107 Oslo 1 Tel: (02) 31 05 50 Cable: Oilstation, Oslo Telex: 71060 olje n; 18063 olje n Fax: (02) 31 06 08

31.12.85 NKr'OOO

1,687,348 33,442 27,842

1,100

Board of Directors: Jacob 0xnevad (Chairman), Erna Marie Askeland (Vice Chairman), Carl Eckhoff, Klara Haugane, Walter Kolstad, Jarle Erik Sandvik, Erling 0verland, Deputy Members: Kjell Bergaas, Marianne H Eskeland, Jan Willi Hansen, Aksel Kloster, Odd A Mathisen, Jon Skogstad, Rolf Straume, Bodil Aakre

Administration: Jan T Bjerke (Managing Director), Bj0rn U Ellingsen (Deputy Managing Director), E Chr KI0vstad (Chief Internal AUditor), Erik Treider (Manager legal Affairs), Egil

NORWAY Skandsen (Manager Long Term Planning), Oluf Fuglerud (Manager Public Affairs and Information), CarlO Moksness (General Manager Retail Sales), Knut Haram (General Manager Supply and Operations), Helge Larsen (General Manager Direct Sales), Knut Rognstad (General Manager Economy and Finance), Odd Dullum (General Manager Organization and Personnel)

PRINCIPAL ACTIVITIES: Refining and marketing of petroleum products including fuel oils, lubricants, bitumen; detergents and car care products and accessories

Trade Names: NOROL Subsidiary and Associated Companies: Norsk Tankanlaag A/S;

Rafinor A/S & Co; Noroil Exploration Co A/S; Norol Hoechst Oil Chemicals A/S

Principal Bankers: Andresens Bank A/S; Bergen Bank A/S Financial Information:

Gross operating income

31.12.84 NKr'OOO

7,495,810

Principal Shareholders: Den Norske Stats Oljeselskap a.s. -Statoil (73.6%); The Norwegian State (26.4%)


NORSK TEXACO OIL A/S Postboks 7000 Homansbyen, 0306 Oslo 3 Tel: (02) 60 52 90 Cable: Texaco Telex: 76143

Management: Eilif M Brodtkorb

PRINCIPAL ACTIVITIES: Trade in petrol and petroleum products

Parent Company: Texaco Norway A/S Financial Information:

Sales turnover


NORSKE EGGSENTRALER

1984 NKr'OOO

1,158,740

Sandakerveien 104b, Postboks 4377, Torshov, 0402 Oslo 4 Tel: (02) 22 30 50 Cable: Eggcentral Telex: 71138 eggc n

Board of Directors: 0 I2Jdegard (Chairman), 0 Heir (Managing Director), J Aarnseth, F Bull-Enger, L Sigmundstad, J Hoel, A Aastad, K Lilleeng

Management: 0 Heir (Managing Director) Senior Executives: 0 Bergsaker, R I2Jstlund, S Bj0rnstad, R

l2Jen, T Soma, I2J Grimsmo, E Yndestad

PRINCIPAL ACTIVITIES: Trade in hen's eggs, fresh and frozen chickens, broilers, turkeys, geese and ducks

Trade Names: PRIOR PrinCipal Bankers: B0ndernes Bank A/S Financial Information:



NORSKE ESSO AS

31.12.84 NKr'OOO 505,241 16,725 12,823

Haakon VII's gt 9, Postboks 1369, Vika, 0114 Oslo 1 Tel: (02) 41 26 20 Cable: Petroleum Oslo Telex: 71286 petro n

31.12.85 NKr'OOO 533,921

6,541 3,469

Board of Directors: A M Grindal, C C Taylor, 0 Vyrje, 0 B Van berg, P Gjessing

116

PRINCIPAL ACTIVITIES: Production of oil and gas; chemicals, petrochemicals and petroleum products

Parent Company: Exxon Corp, USA Associated Companies: Esso Chemical A/S; Esso Motor Norge

A/S; Esso Exploration & Production Norway Inc; Esso Chemical A/S

PrinCipal Bankers: Den Norske Creditbank Financial Information:

Sales turnover


NORSKE FINA A/S Ringsveien 3, N-1320 Stabekk Tel: (02) 53 89 60 Cable: Fina Oslo Telex: 76166 fina n

1984 Nkr'OOO

6,710,100

Board of Directors: P L Taraldsen, W Nagell, P Harnes

PRINCIPAL ACTIVITIES: Trade in petroleum products, bitumen and asphalt; interests in oil exploration and production

Parent Company: Petrofina SA, Belgium Principal Bankers: Den Norske Creditbank; Bergen Bank A/S Financial Information:



NORSKE FOLK GJENSIDIGE LlVSFORSIKRINGSSELSKAP Rusel0kkveien 26, N-0251 Oslo 2 Tel: (02) 31 50 50 Telex: 72757 nfolk n

1984 NKr'OOO

1,727,800 71,050

PRINCIPAL ACTIVITIES: Insurance including life Parent Company: Gjensidige Forsikring Financial Information:

Premium income


NORSKE MEl ERlER Breigata 10, Oslo 1 Tel: (2) 68 06 60 Telex: 71420 meiex n Telefax: 198723

Board of Directors: Ole Holan (Chairman)

1984 NKr'OOO

1,540,000

Management: J Nygaard (Managing Director), 0 Byre (Director of Economics/Deputy Managing Director), N B Kielland (Export Director)

PRINCIPAL ACTIVITIES: Wholesale trade in butter, cheese and milkpowder

Trade Names: Jarlsberg Cheese Principal Bankers: Boendernes Bank A/S Financial Information:

Sales turnover


NORSKE SHELL (A/S)

1985 NKr'OOO

2,424,000

Tullinsgate 2, PO Box 1154, Sentrum, N-0107 Oslo 1 Tel: 66.50.00 Cable: shell oslo Telex: 71224 shell n

Chairman: Egil Ellingsen

1986 NKr'OOO

2,718,000

Directors: Peter Kassler (Managing Director), Willem F Steenken (Exploration and Production), Willem C J Quik (Manufacturing), Sverre Ellingsen (Supply and Trading), Owe Prebe (Gas-Sales), Ragnar Oestrem (Personnel), Steiner Stoetvig (Finance), Paul Groestad (Marketing), Roar Rose (public Affairs and Planning), Odd Solvang (Legal Manager)

PRINCIPAL ACTIVITIES: Exploration and production; manufacturing and marketing of oil; chemicals

Parent Company: Royal Dutch/Shell Group of Companies Principal Bankers: All main Norwegian banks Financial Information:

31.12.84 31.12.85 NKr'OOO NKr'OOO

Sales turnover 9,022,000 9,419,000 Profit before tax 1,387,000 2,860,000 Profit after tax 568,000 734,000 Dividends 374,000 376,000 Dividends per share 74.8NKr 75.2NKr Earnings per share 113.6NKr 146.8NKr Share capital 500,000 500,000 Shareholders funds 1,284,000 1,645,000

Principal Shareholders: The Shell Petroleum Company Ltd, London


NORSKE SKOGINDUSTRIER A.S. N-7620 Skogn Tel: (076) 85406 Telex: 55216 skogn n Telefax: (076) 80333

Board of Directors: Jan Jenssen (Chairman), Anders Berg (Vice Chairman), Helge B Andresen, Nils Arnegard, Arnfinn Hofstad, Arne Hordvei, Ragnar Nor0Y, Birger B Rasmussen, Halvor Svenkerud, Oddvar Krangnes, Per Olav Aaring

Group Executives: Arnfinn Hofstad (Managing Director), Jo Filseth (Director Technical and Production), Einar Haugan (Director Forest and Timber Supply), Einar Formo (Director Finances), Terje Hoven (Director Administration), Odd Gorseth (Director Economy)

Management of Divisions: Lorents M0rkved (Director Division Nordenfjelske Treforedling), Sverre A Larssen (Director Division Chipboard and Sawn Wood Timber), John Aspaas (Managing Director A/S Van Severen & Co Ltd), Magnus Tajet (Managing Director Langmoen AS), Torbj0rn Linge (Managing Director Trespo AS), Odd M Tingstead (Information Manager), Rolf Midtt0mme (Manager)

PRINCIPAL ACTIVITIES: Production of pulp and paper, chipboards, wallboard, parquet and sawn wood (timber)

Trade Names: Nornews (Newsprint Paper), Norskse Skog (Chipboard and Timber), Trespo, Langmoen, Brunex (Wallboard)

Subsidiary Companies: Nornews A/S; A/S Van Severen & Co Ltd; Langmoen AS; Trespo AS; Otto Langmoen A/S; 0sterdalsbruket A/S; Svestad Bruk Stai AS; Sigda I Industrier AS; Namdal Skogindustri A/S; Numedal Bruk A/L (55.9%); Tuen Bruk A/S; Norske Skog (UK) Ltd (99%) (UK); Nornews Presspapier GmbH (West Germany); Norske Skog Vertriebsgesellschaft mbH (West Germany); Norske Skog Belgium SA (Belgium)

Principal Bankers: B0ndernes Bank; Forretningsbanken; Bergen Bank


Sales turnover Profit before tax Profit after tax Dividends Dividends per share Earnings per share Share capital Shareholders funds

31.12.84 NKr'OOO

2,228,675 73,168 45,958 25,200

12.00NKr 89.00NKr

210,000 85,565

31.12.85 NKr'OOO

2,862,598 89,160 68,624 29,619

13.00NKr 119.00NKr

226,900 117,782

117

NORWAY Principal Shareholders: Forest Owners their Organisations and

other Agriculture Organisations (57%); Banks, Insurance and Industrial Companies (22%)


NORZINK AS Eitrheim, 5750 Odda Tel: (054) 41 011 Cable: Norzink Odd a Telex: 42095 norzn n

Board of Directors: Leif von Krogh (Chairman), Finn Arnesen, Magnus Schmidt, Odd Sverre Kristensen, Jan Jakobsen, Hans Sakse, Edward Hannington

Management: Odd Sverre Kristensen (Managing Director), KarlOlav Tjalvin (Works Director Eitrheim Zinc Plant), Otto Blomberg (Marketing Director), Odd Bj0rn Minsas (Financial Director)

PRINCIPAL ACTIVITIES: Production of zinc and alloys, cadmium, sulphuric acid and aluminium fluoride

Trade Names: Norzink Electro, Norzak, Norcadmium Subsidiary Companies: Norzink (UK) Ltd (UK); Raniis Bruks AB

(Sweden); Scancor A/S; Larvik Engineering Corporation AS Principal Bankers: Den norske Creditbank; Bergen Bank Financial Information:

31.12.84 31.12.85 NKr'OOO NKr'OOO

Sales turnover 931,382 867,315 Profit before tax" 95,202 80,541 Profit after tax" 23,681 16,682 Retained profit 8,681 1,682 Dividends 15,000 15,000 Dividends per share 10NKr 10NKr Share capital 150,000 150,000 Shareholders funds 20,553 22,235 "and year-end adjustments

Principal Shareholders: Boliden AB, Sweden (50%); BP Minerals International Ltd, UK (50%)


NYE FREDRIKSSTAD MEK VERKSTED (A/S) PO Box 96, 1601 Fredrikstad Tel: (032) 40 500 Cable: Verkstedet Telex: 76502 fmv n

Board of Directors: Hans J Frank (Chairman) Management: Rolf Kolsaker (Managing Director)

PRINCIPAL ACTIVITIES: Shipbuilding including LPG and LNG gas carriers, tankers, bulk carriers, cargo tanks and pressure vessels; offshore structures and modules

Parent Company: Kvaerner Industrier Principal Bankers: Bergen Bank A/S Financial Information:


Principal Shareholders: Moss Rosenberg Verft No of Employees: 925

o KAVLI A/S See KAVLI, 0, AjS

0GLJEND, JONAS, A/S PO Box 115, 4301 Sandnes Tel: (04) 605000 Cable: 0gloend Telex: 40343 jonas n Telefax: (04) 605509

1984 NKr'OOO 428,040

12,030

NORWAY Board of Directors: Gunnar Block Watne (Chairman), Peder

Evjen, Jan Erik Langangen, Tore Lmrdal, Kjell Einar Olsen, Harald Rinaldo, Arne 5mbe

Management: Arne Norheim (Managing Director), Ivar Rusdal, John T Renneberg, Olaf Myklatun, Wenche Meldahl Knutsen, Stein Lima, Kjell Anda, Arne Sanne, Leif Bjaanes

PRINCIPAL ACTIVITIES: Wholesale and retail sale of clothing for men, women and children; manufacture of bicycles and motor cycle accessories and exercise equipment; real estate

Trade Names: CUBUS, PIONER, DBS, TEMPO, BODYGUARD Subsidiary Companies: Cubus a.s; 0glmend DBS A.S; 0gla!8nd

Pioner A.S; 0glmend Systems A.S; 0glmend Teknologi A.S; Total Forsikring & Finans A.S. (as of 1.1.87)

Principal Bankers: Den Norske Creditbank; Christiania Bank og Kreditkasse; Skandinaviska Enskildabanken; PK Christiana Bank, New York; PK Christiana Bank, Hong Kong; PK Christiana Bank, Luxembourg

Financial Information: Parent Company data 31.12.84 NKr'OOO



OLAV THON GRUPPEN See THON, OLAV, GRUPPEN

1,033,100 28,800 22,800

5,300 4,800

4.0NKr 8.3NKr 72,000 21,200

31.12.85 NKr'OOO

1,091,300 30,700 22,300

7,500 4,800

4.0NKr 10.0NKr

72,000 23,900

ORKLA BORREGAARD A.S (FOLLOWING MERGER OF ORKLA INDUSTRIER A.S & BORREGAARD A.S IN OCT 1986) PARENT COMPANY OF ORKLA-BORREGAARD GROUP Box 308, N-1324 Lysaker Tel: (02) 50 1080 Telex: 17529 Telefax: (02) 50 1691

Board of Directors: The Members of the Board elected by the shareholders are: Nils Jergen Astrup (Chairman), Westye Egeberg, Truls Holthe, Gunnar Thommessen, Torvild Aakvaag, Svein Aaser. Elected by the Employees: Egil Friberg, Kjell Henning Johansen, Kjell Kjonigsen

Corporate Management: Jens P Heyerdahl d.y.(Group President and Chief Executive Officer), Odd Vigmostad (Executive Vice President and Deputy Group President), Finn Jebsen (Executive Vice President)

PRINCIPAL ACTIVITIES: Investments: Portfolio management, property and financial services. Industry: Production of edible oil, fat, detergents, toiletries and cosmetics; manufacture of biscuits, processed food including jam, frozen and canned vegetables, frozen and fresh meat and pizza products; snacks; magazine publishing; regional newspapers; process industries based on natural resources including production of chemicals based on WOOd-fibre; specialty pulp and paper; hydro electric power production; forestry; land-based and offshore construction; mining; fine chemicals; detergent raw materials; international trading; stationery wholesale; diary publishing; book production

Subsidiary Companies: Borregard Industries Ltd; A/S De-No-Fa og LiUeborg Fabriker; A/S Smtre Kjeksfabrik; Stabburet a/s; Danor Snacks A/S (Denmark); FoUdal Verk A/S; Unger Fabrikker AS; Emil Moestue as; Emo as; Borregaard og Kiar skoger; A/S Hevellast; Borregaard Engineering A/S; Borregaard Trading AB (Sweden); Dansk-Norsk Borregaard A/S (Denmark); Borregaard GmbH (Germany); Borregaard SARL (France); Borregaard Marketing Company Ltd (UK);

118

Viking Askim A/S; Grong Gruber AfS (63%); Lekken Gruber A/S & Co (50%); Ernst G Mortensens Forlag A/S; Direct Mail A/S; Forenede Trykkerier A/S; Norsk Presse Service A/S; Norsk Elektrokemisk A/S (64.5%); Omega Consultants A/S; Omega Fund Managers A/S; Orkla Communication A/S; Moss Avis A/S; Fredriksstad Blad (86%); Tonsbergs Aktietrykkeri (52%); Orkla Eiendom A/S; Orkla-Exolon A/S & Co (50%); Salvesen & Thams Comm. A/S



Sales turnover gross Profit before tax(2) Share capital(3) (1)FuU year's figures not available

following merger of Orkla Industrier A.s. and Borregaard A.S. which took effect on January 1 st 1986

(2) before year-end appropriations (3) The issued share capital is divided

into 6,537,307 shares with a par value of NKr1 00'. Shares outstanding 4,886,119 at par value of NKr100.

31.8.86(1) (8 mths) NKr'Ooo

4,241,000 344,000 653,700

Principal Shareholders: Den norske Creditbank (12%); Vestagruppen (6%); Dyno-gruppen (6.3%); Fidelitas (4.5%); Storebrand-gruppen (4.1%); Kosmos (3.9%); Christiania Bank og Kreditkasse (3.7%); Norsk Hydros Pensjonkasse (3.3%); Trepatent (2.1%); Bergesen-gruppen (2%). The %-ownership above is on outstanding share capital. The difference is due to the fact that Orkla owned (46%) of Borregaard-shares at the time of the merger; i.e. 1,651,188 of the shares which are now owned by Orkla-Borregaard A.S. These shares have no votes and receive no dividends "Earnings per share" is therefore calculated on the number of outstanding shares


0STFOLD SLAKTERI AIL L Engesvei 15, Postboks 156, 1701 Sarpsborg Tel: (031) 54000 Cable: Siakteriet

Board of Directors: 0ivind Mo (Chairman), Jens Fr Funderud, Odd Ivar Dybvik, Ranveig Bakke, Amund Krog

Senior Executives: Jern Holene (Direkter)

PRINCIPAL ACTIVITIES: Slaughtering and processing Trade Names: Gilde Parent Company: Norges Kjett og Fleskesentral, Oslo, Norway Financial Information:



PIL VESTLANDSMEIERET See VESTLANDSMEIERET, P/L,

PETERSON, M, & SON A/S PO Box 203, Verket 22, N-1500 Moss Tel: (032) 52262 Cable: Petrs n Telex: 71517 petrs n

1984 NKr'ooO 567,000

12,000

Board of Directors: H Bjerum (Chairman), E Mollatt (Managing Director), R Rosli, C J ThOrsen, E Rishovd, S Hagen, P Kleppe, J B Ellingsen

Management: E Mollatt (Managing Director)

PRINCIPAL ACTIVITIES: Pulp and paper; manufacture of paper sacks and board; distilled tar oil products




1984 NKr'OOO

1,797,900 79,370


PHILIPS, NORSK, A/S Sandstuvn 70, PO Box 1, Manglerud, 0612 Oslo 6 Tel: 47 2 68 02 00 Cable: Philips Oslo Telex: 72640

Board of Directors: Chr F Blom (Chairman), Gunnar Mydske (Managing Director), V C J van'tHoft, Knut S Riismes, Kjell Petersen, Per Swenson

Management: Gunnar Mydske (Managing Director)

PRINCIPAL ACTIVITIES: Import and trade in a wide range of electrical and electronic goods

Trade Names: PHILIPS Parent Company: N V Philips Gloeilampenfabrieken Subsidiary Companies: ap radiotelefon als Financial Information:


1984 NKr'OOO 860,000 65,000

1985 NKr'OOO 980,000 65,000

Principal Shareholders: Philips Gloeilampen NV, Netherlands No of Employees: 740

POSTVERKET Norwegian Post Office (The) PO Box 1181 Sentrum, N-Ol07 Oslo 1 Tel: (02) 40 90 50; +47 2 40 90 50 (International) Cable: Postgen, Oslo Telex: 19 307 pogen n Telefax: +47 2 40 81 39

Central Administration: Bj0rn Flage Pettersen (Director General), Johan Hisdal, Johs Haukland, Anders Aasen, Roald Ulltang, Lorentz Ludviksen

District Chiefs: Arne Dybvik (Oslo Postal District), Oddvar Selboe (Str0mmen Postal District), Bj0rn Flage Pettersen (Larvik Postal District), Ole Johan Broch (Kristiansand Postal District), Kare Eld0Y (Bergen Postal District), Carl Kirkeby (Trondheim Postal District), Arne Johan Svendsen (Bod0 Postal District), Kjell Hansen (Tromslll Postal District)

PRINCIPAL ACTIVITIES: Government postal services; banking services

Financial Information: 31.12.84 NKr'OOO

Total operating revenues 4,992,000 Operating profits 363,600

No of Employees: 14,711 (Full Time); 9,612 (Part Time)

RAUFOSS AMMUNISJONSFABRIKKER A/S 2831 Raufoss Tel: (061) 52000 Cable: Fabrikkene Raufoss Telex: 71444

Board of Directors: Gunner Giljarhus (Oslo, Chairman) Management: Bjarne Graudahl (President), Svein Sandvik (Vice

President, Defence), Gunnar Bjorbaekmo (Vice President, Autoparts), Georg B Jenssen (Vice President, Metal Products), Gunnar Gurihus (Vice President, Finance), Bjorn Myhre (Vice President, Personnel)

PRINCIPAL ACTIVITIES: Manufacture of munitions including artillery ammunition, small arms ammunition, rockets; copper

119

NORWAY and copper alloy semis; hot forgings and pressure die castings; steel and aluminium products; automotive parts; plastic moulded articles

Trade Names: Raufoss Subsidiary Companies: ISIFLO GmbH (Germany); lSI FLO Sari

(France); Raufoss Metall AB (Sweden) Principal Bankers: Den Norske Creditbank Financial Information:

31.12.84 31.12.85 NKr'OOO NKr'OOO

Sales turnover 1,164,000 1,424,000 Profit before tax 40,800 50,800 Profit after tax 33,300 43,200 Dividends 7,500 9,000 Share capital 150,000 180,000

Principal Shareholders: Norwegian Government (100%) No of Employees: 2,500

RIEBER & S0N KONSERNET NlIlstegaten 58, 5000 Bergen Tel: (05) 32 50 00 Cable: Riebers0n Telex: 42052 rison n

Board of Directors: Peter Frllllich (Chairman) Management: Svein Steen Thomassen (Managing Director),

Finn Waage (Economy and Building Materials), Truls Hauge (Rikett Flooring Division), Oscar Langeland (K71-lndustrier), Thor Larsen (Film Division), Ole Johan Sagen (TORO Food Division)

PRINCIPAL ACTIVITIES: Manufacture of PVC flooring, carpets, rigid PVC film, concrete products, ready mixed concrete, stone, slates, asphalt and road covering materials; food products including soups, sauces, and ready made meals

Trade Names: Rikett, Riflex, Toro Parent Company: Rieber & S0n A/S Subsidiary Companies: Rieber & Son Ltd, UK; Rikett AB,

Sweden; K-71 Industrier A/S, Norway Principal Bankers: Bergen Bank A/S; Fellesbanken AIS Financial Information:


1984 NKr'OOO 925,000

48,000 39,800 36,700 3,000

2,700NKr 31,800NKr

15,000 27,000

Principal Shareholders: AIS Atlantis Vest, Bergen; Bjarne Rieber and Family


ROGALAND AGDER, FELLESKJ0PET, Sandvikv 21, Postboks 208, 4001 Stavanger Tel: (04)58 10 20 Telex: 33001 AGRIC N

Board of Directors: Rasmann Polden (Chairman), Ola 0verland, Per Linndal, Kjellaug Kvia, Halvor Lilleholt, Nils Nilsen, Einar Auestad, Gunnar Johnsen, Svein B Haugland, Noralv Paulsen, Jone Vadla (Managing Director)

Management: Olav Sverre Olsen (Director of Finance) Senior Executives: Kleng Vaga (Manager), Sivert Anda

(Manager), Sigve Erland (Manager), Jan Kolnes (Manager)

PRINCIPAL ACTIVITIES: Sale of goods to farmers, including agricultural eqUipment; production of concentrated cattle food; tractor workshops

Principal Bankers: B0ndernes Bank A/S




1984 NKr'OOO

1,126,770 18,543 13,892

ROGALANDSMEIERIET AIL N-4062 Klepp St Tel: (04) 42 36 66

Board of Directors: Einar Brunes (Chairman) Management: Cooperative Senior Executives: Bjern Halse

1985 NKr'OOO

1,204,273 19,678 9,562

PRINCIPAL ACTIVITIES: Production of milk, butter, cheese and ice cream

Subsidiary Companies: Klepp Naeringsmiddel A/S Principal Bankers: Bondernes Bank A/S Financial Information:

Sales turnover Shareholders funds


SABA M0LNL YCKE A/S 0vre Rael, 3101 Tensberg Tel: (033) 243 54 Telex: 70 220 SABA N

31.12.85 NKr'OOO

1,255,778 1,323

31.12.86 NKr'OOO

1,412,244 11,790

Board of Directors: Carsten Mellbye (Chairman) Management: Trygve Nagel Johansen (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of textiles including cellulose wadding for sanitary and medical purposes; clothing; paper goods including tissues; cosmetics; soap; special machinery

Parent Company: Melnlycke AB Principal Bankers: Sparebanken Vestfold; Den Norske

Creditbank Financial Information:

Sales turnover


1984 NKr'OOO 661,000

SAGA PETROLEUM A.S. Maries Vei 20, Postboks 9, N-1322 Hevik Tel: 02-12 66 00 Telex: 78852 saga n

Chairman: Einar Falck Directors: Asbjern Larsen

1985 NKr'OOO 781,000

Senior Executives: A Utne, J M Wennesland, K Grinde, Lars Bjerke, Olav Lappegard

PRINCIPAL ACTIVITIES: Oil exploration and production Financial Information:

Total operating revenues Profit before tax' Profit after tax Retained profit Earnings per share Share capital Shareholders funds "and related items

31.12.84 NKr'OOO 898,100 267,900

25,000 25,000

8.00NKr 945,400 959,500

Principal Shareholders: Volvo; KVlBrner; Vesta No of Employees: 593

31.12.85 NKr'OOO

1,120,200 524,900

3,800 3,800

30.00NKr 1,065,300 1,114,100

120

SAS CATERING NORGE A/S Postboks 130, 1330 Oslo Lufthavn Tel: (02) 59 60 50 Telex: 19354

Management: Harald Melvold

PRINCIPAL ACTIVITIES: Operation of restaurants and other catering facilities in airports throughout Scandinavia; catering services for the offshore industry; hotel operations


Sales turnover NKr'OOO 730,000


SAUGBRUGSFORENINGEN PO Box 53, 1751 Halden Tel: (031) 74000 Cable: Saugbrugs Telex: 71407 saugn

Board of Directors: P Brunsvig (Chairman), 0 Reuhaug, I Bjornland, F Frolich, T Tuhus, K Ahlsen, E Sund, B Aardahl

Senior Executives: 0 Reuhaug, T Tuhus, T Lobben, J Syvertsen

PRINCIPAL ACTIVITIES: Manufacture of paper and board Trade Names: NORSET Subsidiary Companies: Guru Papp A/S; A/S Toten

Cellulosefabrik, Norway; AB Lee Bruk, Sweden Principal Bankers: Kreditkassen Financial Information:

1984 NKr'OOO

Sales turnover 1,160,000 Profit before tax 102,000 Profit after tax 98,000 Earnings per share 219.0NKr


Principal Shareholders: Aksjeselskapet Kosmos No of Employees: 1,246

SCANVEST RING A/S Brekkeveien 22, PO Box 53, Oslo 8 Tel: (02) 23 22 80 Telex: 18718 SCANR N

1985 NKr'ooo

1,213,100 122,700 121,000

226.0Nkr 50,000

Board of Directors: Sjur Svaboe (Chairman), Rolf Heggheim, Erik Eik, Gudmund Renningen, Arild Nerdrum

Management: Helge Midttun (President)

PRINCIPAL ACTIVITIES: Data processing; commur:1ications Trade Names: Ring-Master, ACD-5000, DCD 600 etc Subsidiary Companies: Kilsund Electronics A/S; Scanvest Ring

Data A/S; Scanvest Ring Communications A/S; Scanvest Management System A/S (Denmark); Ring Kommunikationssysteme GmbH (West Germany); Ring Group of North America Inc (USA)


Sales turnover Profit (loss) before tax Profit (loss) after tax Retained profit (loss) Dividends Dividends per share Earnings per share Share capital Shareholders funds

31.12.84 NKr'OOO 957,001

54,296 49,459 47,125

2,334 0.20NKr 4.90NKr

19,169 232,613

Principal Shareholders: Svacom A/S (46%) No of Employees: 900

31.12.85 NKr'OOO

1,133,000 (159,899) (162,736) (162,736)

23,392 122,601

SCHIBSTED GRUPPEN Akersgt 51, N-Oslo 1

Tel: (02) 20 50 60

PRINCIPAL ACTIVITIES: Printing and publishing


Sales turnover


SCHREINER FLEISCHER A/S Postboks 434, 3001 Drammen

Tel: (03) 83 76 50

Telex: 71488 schr n

NKr'OOO

1,300,000

Board of Directors: Leif U Ruud (Chairman), Lennart Nylander, Herm Otto Krefting, Hans Hansson, Torgeir Sj0lie, Arne Str0m, Helge Thorrud

Management: Harald Isdahl (General Manager), Ole Martin Skjelbostad (Marketing Director), Paul Butler-Wang (Finance Director)

PRINCIPAL ACTIVITIES: Trade in steel and steel products

Parent Company: Tibnor AB (100%)

Subsidiary Companies: Schreiner Fleischer Sarpsborg AS; Schreiner Fleischer Brumunddal AS; Schreiner Fleischer Sinsen AS; Schreiner Fleischer Stavanger AS; Schreiner Fleischer Trondheim AS; Schreiner Fleischer Harstad AS

Principal Bankers: Christania Bank og Kreditkasse; Den Norske Creditbank


31.12.85

NKr'OOO

Sales turnover 942,379







SECURUS INDUSTRIER A-S N Storgt 45, PO Box 283, N-3001 Drammen

Tel: (03) 83 98 90

Telex: 78559 secur n

Telefax: (03) 837682

31.12.86

NKr'OOO

1,011,690

12,113

7,079

782

34,020

34,696

Board of Directors: Lars Arentz-Hansen (Chairman), Svein H Andersen, Bj0rn Thallberg, Svein Falck-Pedersen, Roald J0tun, John 0 Ottestad, Anders Ringes, Knut Rygh, Per Throne-Holst

Management: Egil Halvorsen (Managing Director), Arne Kjorstad (Organisation Manager), Are Langmoen (Business Development Manager). Knut Nicolaysen (Finance Manager)

PRINCIPAL ACTIVITIES: Energy-related activity; environmental and industrial processes; special chemicals/plastics

Subsidiary Companies: Protan AlS and its subsidiaries Algea Produkter A/S; Protan Inc; Protan Laboratories Inc; Scotia' Marine Products Ltd; Protan Scotia Marine Inc; Lesjofors Plast AB; Skadesanening AlS; Protan Oy (50%)

Principal Bankers: Christiania Bank og Kreditkasse

121


Sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per share(l) Earnings per share(l) Share capital Shareholders funds(2) (1 )Adjusted new cash issue

and bond issue in 1985 (2)The overpar-value in

subsidiaries is offset against the Group's equity capital

1984 NKr'OOO 503,700 41,700 37,400 29,600

7,800 2.7NKr

15.6NKr 18,600 14,800

Principal Shareholders: Norsk Hydro (35.6%) No of Employees: 1 ,200

SELMER-SANDE A.S. Josefinesgt 18, 0351 Oslo 3 Tel: (02) 46 30 40 Telex: 74503 SESAN N

1985 NKr'OOO 682,000 42,300 38,700 29,700

9,000 2.8NKr

15.5NKr 32,100 49,000

Board of Directors: E Sande, 0 Wattne, J E Greve, M Hansen, K Moen, B Holter-Hovind

Management: R Michaelsen, I2J Holm, H P Nilsen, B Omreng, P V Amundsen, G Svegaarden

PRINCIPAL ACTIVITIES: Civil engineering and construction Subsidiary Companies: Selmer Furuholmen AlS; Arne Sande

A/S; E W Howell (USA); Selmer Corporation (USA); Noraqua AlS


Sales turnover Profit before tax (Loss) after tax Dividends Dividends per share Earnings (loss) per share Share capital Shareholders funds

Principal Shareholders: Erik Sande No of Employees: 7,030

SELVAAGBYGG A/S Postboks 100, Vindern, N-0319 Oslo 3 Tel: (02) 14 36 90

1985 Nkr'OOO

5,052,600 3.900

(4,900) 8,223

1.0Nkr (O.77Nkr)

82,200 146,100

Board of Directors: Olav Selvaag (Chairman and Managing Director)

Senior Executives: H Hertzberg, 0 G Selvaag

PRINCIPAL ACTIVITIES: Construction industry and real estate interests; shipowning; oil

Parent Company: Agathon AlS Principal Bankers: Christiania Bank og Kreditkasse Financial Information:


No of Employees: 20

SIEMENS A/S I2Jstre Aker Vei 90, N-0596, Oslo 5 Tel: (02) 153090 Cable: Siemens Telex: 18477 sieo n

Management: Tor Jemtland (Managing Director)

1984 NKr'OOO 676,000 186,000

NORWAY Senior Executives: Arnfinn Johnsen, Bjarne G IZlvestad

PRINCIPAL ACTIVITIES: A wide range of electronic and electrical equipment including power plant, telecommunications, data processing equipment and technical installations

Parent Company: Siemens AG Subsidiary Companies: Tandberg Data A/S; Norwesco A/S Principal Bankers: Christiania Bank of Kreditkasse Financial Information:

Sales turnover

1984 NKr'OOO

2,547,950


SIGURD HESSELBERG A/S See HESSELBERG, SIGURD, A/S

S0R-NORGE ALUMINIUM A/S Postboks 85, N-5460 Husnes Tel: (054) 71122 Cable: S0raluminium Telex: 42420 soral n

Board of Directors: Johan B Holte (Chairman) Management: Jens Ottersen (Managing Director)

PRINCIPAL ACTIVITIES: Production of aluminium and aluminium alloys

Parent Company: Swiss Aluminium Ltd (Alusuisse) Principal Bankers: Den Norske Creditbank Financial Information:

Sales turnover

1984 NKr'OOO 924,000


STABBURET A/S PO Box 4, N-1414 Trollaasen Tel: +47280 5090 Telex: 76024 Ringo N

Board of Directors: Odd Vigmostad (Chairman) Management: Bent Fuglesang (Managing Director)

PRINCIPAL ACTIVITIES: Industrial production of food products including preserved, frozen and canned fish and meat products; frozen and canned vegetables; desserts and cake mixes; crispbread

Parent Company: Borregaard A/S Principal Bankers: Den Norske Creditbank Financial Information:

Sales turnover Profit before tax Profit (loss) after tax Retained profit Share capital


31.12.84 NKr'OOO

1,329,864 12,423 7,805

27,387 25,000

31.12.85 NKr'OOO

1,438,446 1,063

(1,602) 31,752 25,000

STANDARD TELEFON OG KABELFABRIK A/S Box 60, IZlkern, Oslo 5 Tel: (02) 63 88 00 Cable: Kabel, Oslo Telex: 71485 STK N Te/efax: (02) 63 84 08

Board of Directors: Johan B Holte (Chairman) Management: Fredrik Thoresen (Managing Director) Senior Executives: H J Blomseth (Comptroller), I IZlrbeck

(Director Operations), L Harlem (Director Personnel), G Tidemann (Product Line Manager, Telecommunication), P Kroken (Product Line Manager, Power Cables), P A Amundsen (Production Line Manager, Communication Cables)

122

PRINCIPAL ACTIVITIES: Electrotechnical; telecommunication and cables

Trade Names: STK Parent Company: In International Telephone and Telegraph

Corporation, New York, USA Subsidiary Companies: Brinchmann & Co. A/S; A/S Stavanger

Elektro Engrosforretning Principal Bankers: Christiania Bank og Kreditkasse; Bergen

Bank Financial Information:



STAR SHIPPING A/S

31.12.84 NKr'Ooo

2,068,000 132,558 73,028 30,323 42,840

5.10NKr 16.80NKr

112,000 269,028

Strandgaten 17, PO Box 1088, N-5001 Bergen Tel: (05) 32 70 00 Cable: Starship Telex: 42770 stshp n

31.12.85 NKr'OOO

2,158,231 78,322 49,828 45,311 29,400

3.50NKr 2.45NKr 112,000 271,109

Board of Directors: Bj0rn Ostervold (Chairman), Per Grieg, Fridthjov, Haavardsson, Ragnar Nielsen, Rolf Westfal-Larsen, Thor IZlsthagen, Truls Hatteberg

Management: Knut Meland (Managing Director), Victor Minne, Tor SChumann-Olsen, Staale Kolbeinsen, Knut Aune, Fred Loy, Sven Gjerde, Karl-Erik Nitter-Foss, Arne J Pedersen, Bj0rgulf Nilssen, Terje H Michelsen

PRINCIPAL ACTIVITIES: Shipping company; cargo transport Principal Bankers: Den Norske Creditbank; Manufacturers

Hanover Trust Co, NY; Bank of Montreal, Vancouver BC Financial Information:

Sales turnover

1984 NKr'OOO

2,158,937

1985 NKr'OOO

2,542,045

Principal Shareholders: A/S Billabong; Westfal-Larsen & Co A/S; Fred Olsen & Co


STATENS KORNFORRETNING Stortingsgate 28, Oslo 1, Postboks 1367-Vika, 0114 Oslo 1 Tel: (02) 41 4500 Cable: Kornforretning Telex: 71608 grain n

Board of Directors: Ragnar Christiansen Management: Th Wolden (Managing Director)

PRINCIPAL ACTIVITIES: Trade in grain, flour and animal feedstuffs


Sales turnover


1984 NKr'OOO

5,331,000

STATS OLJESELSKAP, DEN NORSKE, A/S STATOIL PO Box 300, 4001 Stavanger Tel: 04-80 80 80 Cable: STATOIL Telex: 73600 stast n

Chairman: Inge Johansen President: Arve Johnsen (also Managing Director)

Senior Executives: Henrik Ager-Hanssen (Senior Executive Vice President), Jacob 0xnevad (Executive Vice President), Jon Huslid (Executive Vice President), Jakob Bleie (Executive Vice President), Martin Bekkeheien (Executive Vice President)

PRINCIPAL ACTIVITIES: Integrated oil company Trade Names: NOROL, STATOIL Subsidiary Companies: Norsk Olje (NOROL); Rafinor A.S.;

Rafinor A/S & Co; Statoil Netherland BV; Statoil Danmark a.s; Statoil Finland OY; Statoil UK Ltd; Statoil Sverige AB; Statoil France SA; Den norske stats oljeselskap GmbH (Statoil); S0r0ysund Eiendomsselskap a.s; Andenes Helikopter base a.s.; Statoil Forsikring A.S.; Nutec a.s.

Principal Bankers: Rogalandsbanken A/S; Den Norske Creditbank; Christiania Bank og Kreditkasse; Bergen Bank



31.12.84 NKr'OOO

35,600,000 7,700,000 1,180,000

790,000 2,944,000

Principal Shareholders: The State of Norway (100%) No of Employees: 7,055

STEEN, BERTEL 0, A/S Wdm Thranesgate 86B, 0175 Oslo 1 Tel.' (02) 38 60 00 Cable: BOSS Telex: 76121; 72795 Telefax: (02) 37 91 19

31.12.85 NKr'OOO

51,420,000 15,354,000 2,184,000 1,200,000 2,944,000

Board of Directors: A Hustad (Chairman), K 0 Kran, A Schj0dt, Bertel Otto Steen, E 0 Steen, T Steen, M S Barmoen, R Johansen, T Paulsboe, J Martens

Management: T Steen (Managing Director), B Berglund, A Bermingrud, H Hartting, E Ihle, J E Johansen, S Kollandsrud, o Leirhol, T Paulsboe, K I R0sland. L Sletten

PRINCIPAL ACTIVITIES: Import and trade in passenger cars and commercial vehicles, parts and accessories; agents for Daihatsu. Mercedes-Benz, Peugeot and Porsche

Subsidiary Companies: ALGAARD A/S; ALGAARD F0RDE A/S; AUTOCO A/S; A/S BILSENTERET; BILSENTERET VALDRES A/S; BORG BILSENTER A/S; CITY-BIL A/S; Gu\MDAL BILSENTER A/S; HALLINGDAL BILSENTER AfS; HOLST & HAUGE A/S; LlNGEDAL AUTO A/S; RINGERIKE BILSENTER A/S; RABEKKEN AUTO A/S; STAR AUTO AfS; TALNOR A/S; TELEMARK BILSENTER A/S; VESTFOLD BILSENTER AfS; VESTOPPLAND AUTO A/S; NOR DISK BILIMPORT A/S


31.12.84 NKr'OOO

Sales turnover 1,699,000 Profit before tax 27,200 Profit after tax 19,700 Retained profit 14,900 Dividends 4,800 Dividends per share llNKr Earnings per share 68NKr Share capital 30,000 Shareholders funds 93,300

31.12.85 NKr'OOO

2,558,000 61,300 38,980 31,780

7,200 16NKr

244NKr 45,000

125,100

Principal Shareholders: T Steen; E Steen; Bertel Otto Steen No of Employees: 560

STOREBRAND A/S Haakon VII's gate 10, PO Box 1380 Vika, 0114 Oslo 1 Tel: (02) 31 1020 Cable: Storebrand, Oslo Telex: 71057 STORO N Telefax: (02) 31 11 01

123

NORWAY Board of Directors: 0ystein Eskeland (Chairman), Harald

Bastiansen, Finn Jebsen, Kasper K Kielland, Benedicte Berg Schilbred, Torvild Aakvaag, "Knut Eben, "Anne-Lise L0fsgaard, 'Bj0rn Volden, "Elected by the employees

Management: Jan Erik Langangen (Managing Director Storebrand AfS), Svein Aaser (Managing Director, Storebrand Skadeforsikring A/S), Odd Espolin Johnson (Managing Director, Storebrand Livsforsickring A/S), Bj0rn Kristoffersen (Managing Director, International A/S), Chris Brekke (Acting Managing Director, Store brand Finans A/S)

PRINCIPAL ACTIVITIES: Holding company with interests in general, fire, marine and life insurance; international reinsurance; interests in finance and investment

Subsidiary Companies: Store brand Skadeforsikring A/S:Storebrand-Norden-Tor Forsikring A/S; Storebrand-NordenTrygd Forsikring A/S; Europeiske Reiseforsikrings A/S; Arendal Forsikringsselskab A/S; Det norske Garantiselskab A/S; Forsikrings-Aksjeselskapet Vega; Haugesund Sj0forsikringsselskap A/S; A/S Forsikringsselskabet Viking; Storebrand Vest A/S; Det Norske Brandforsikringsselskap Fram AfS; A/S Sikkerhetssystemer: A/S Risk Management. Storebrand Livsforsikring A/S:- Norsk Pensjonservice A/S. AfS Storebrand International A/S:- Storebrand Reinsurance Company Ltd A/S with Subsidiary Companies, Christiania Holding Company Inc (USA), with Subsidiary Companies, Storebrand Insurance Company (UK) Ltd, Norden Insurance Company (UK) Ltd, Absjeselskabet DUO. A/S StorebrandNorden Finans A/S:- Norsk Finans AfS; A/S Custos Finans; Handelsfinans A/S; Industri Factor AfS; Storebrand-Norden Finansservice AB; AfS Custos Finans Danmark; A/S Finansformidling; Carl Kierulf & Co A/S; ForsikringsAksjeselskapet Kreditt-Atlas

Principal Bankers: Den norske Creditbank Financial Information:

31.12.84 NKr'OOO

Group premium income gross 5,526,000

Investment revenues-insurance 705,000

Profit before tax 103,400 Profit after tax 50,800 Dividends 80,600 Dividends per share" 13NKr Earnings per share 50NKr Share capital 651,600 Shareholders funds 964,900 "Holding company only


31.12.85 NKr'OOO

5,479,300

845,100 166,700 103,700 62,000 10NKr 25NKr

650,800 860,300

STORM0LLEN SALGSAKSJESELSKAP PO Box 1251, 5001 Bergen Tel: (05) 25 65 30 Cable: Storm011en

Management: Harald Andersen (Managing Director), Reidar J Moane (Managing Director)

Senior Executives: Roar Kristing

PRINCIPAL ACTIVITIES: Trade in animal feedstuffs, fertilisers and flour

Trade Names: Storm0l1en-Kl0ver Parent Company: AfS Heggernes Valsem0l1e; I C Piene & S0n

A/S; A.S. Vaksdal M011e Subsidiary Companies: AfS Norsk Kraftf6rindustri Principal Bankers: Bergen Bank A/S Financial Information:

Sales turnover 'Storm0l1en is a non profit making

organisation

1985" NKr'OOO 884,000

NORWAY Principal Shareholders: A/S Hmggernms Valsemelle, Bergen; I

C Piene & Sen A/S, Trondheim; A.S. Vaksdal Melle, Vaksdal No of Employees: 85

SYDVARANGER A/S 9900 Kirkenes Tel: (085) 91401 Cable: Varangverk Telex: 71179

Board of Directors: Oddmund Sorhuus (Chairman) Management: Oddmund Husum (Managing Director), Niels Chr

Hald (Vice Managing Director) Senior Executives: F Bjerke, P Norkyn, T Husaas, S Isaksen

PRINCIPAL ACTIVITIES: Iron ore mining and pellets production; sulphur ore mining and concentrating; ore prospecting

Subsidiary Companies: Bleikvassli Gruber A/S; Prospektering A/S


1986 NKr'OOO

Sales turnover* 310,000 *approximate figure

Principal Shareholders: The Norwegian State (87%) No of Employees: 930

THON,OLAV,GRUPPEN Karl Johansgt 7, PO Box 177, Sentrum, 0102 Oslo 1 Tel: (2) 41 1220 Telex: 72029 Thon n

Chairman: Olav Thon Senior Executives: Halgrim Thon, (Director, Real Estate), Truls

Holthe (Finance Director), Geir Hjorth Johnsen (Director, Hotels and Restaurants)

PRINCIPAL ACTIVITIES: Real estate; hotels and restaurants Subsidiary Companies: Olav Thon Eiendomsselskap A/S; Hotel

Bristol A/S Principal Bankers: Christiania Bank & Kreditkasse Financial Information:



TICON INDUSTRIER Teknisk Isolering A/S

31.12.84 NKr'OOO 642,000 60,000 53,000

271,000 271,000

N Storgt 45, Postboks 191, 3001 Drammen Tel: (03)838580 Telex: 76188 tekis n

31.12.85 NKr'OOO 750,034

55,241 49,962

297,091 297,091

President: Geir FalCk-Pedersen; Executive Vice President: Stein D Falck-Pedersen

Directors: Christian Falck-Pedersen (Lawyer), Walter Borgersen, Knut Rygh

Senior Executives: Roar Ekeland (Senior Vice President), Ole Solberg (Technical Manager)

PRINCIPAL ACTIVITIES: Insulation: cold, heat, acoustic, steel protection

Principal Bankers: Buskerudbanken, Chr. Bank og Kreditkasse Financial Information:

Sales turnover


1984 NKr'Ooo 427,053

124

TIEDEMANN-GRUPPEN Postboks 6086, Etterstad, N-0601, Oslo 6 Tel: (02) 68 99 50 Cable: ILT Telex: 19217 ilt n

PRINCIPAL ACTIVITIES: Manufacture and export of smoking tobacco, cigars, cigarettes and snuff; manufacture of potato products, bakery products, pet foods; wholesale diet foods; knitted garments including children's wear, sportswear, ski clothes, hosiery; ski sticks and waxes

SubSidiary Companies: J L Tiedemanns Tobakks Fabrik; Asola A/S; Oslo Fabrikker A/S; Swixsport A/S; A/S Rose Tobakk; Neto A/S; H Petteree Tobakkfabrikk; Liljedahlskistavfabrikk




TINFOS JERNVERK A/S PO Box 23, N-3671 Notodden Tel: (036) 1 76 00 Cable: Tinfosjern Telex: 21511 tnfos n

Board of Directors: 0 H Holta (Chairman) Management: J J Bunkholt (Managing Director)

1984 NKr'OOO

1,340,100 156,600

PRINCIPAL ACTIVITIES: Production of ferro manganese, silico manganese, ferrosilicon and silicon metal


Sales turnover Profit before tax* Profit after tax Dividends Share capital *and year end adjustments


TOFTE INDUSTRIER A/S N-3482 Tofte Tel: (03) 79 47 00 Telex: 76403 tofte N

31.12.84 NKr'OOO 740,692 56,326

4,390 2,400

24,000

31.12.85 NKr'OOO 720,193

476 1,823

24,000

Board of Directors: Arnfinn Hofstad (Chairman), Jon R Gundersen (Vice Chairman), Jergen Nygaard, Jon Hoel, Birger B Rasmussen, Lage Westerbe, Ivar Furuholt, Bjernar Skogstad

Management: Svein Wenneras (Managing Director), Kristian Juel, Truls Aarvik, Ragnvald Nilsen, Even Berg, Bjern Freitheim, Sverre Storebraten, Kjell Nyhuus, Martin Gravdal, Carl Georg Launer, Bjern Fretheim, Kjell Vesje

PRINCIPAL ACTIVITIES: Manufacture and sale of paper and bleached sulphate pulp

SubSidiary Companies: Tofte Sales A/S; Tofte France Sari; Tofte (UK) Ltd; Tofte Industrier Vertriebs GmbH

Principal Bankers: Bergen Bank; Citibank; Forretningsbanken Financial Information:

31.12.84 31.12.85 NKr'OOO NKr'OOO






Equity capital 249,518 249,550

Principal Shareholders: Norske Skogindustrie A/S (21.9%); Folium AfS (10%); Union (10%); Bergen Bank A/S (10%); Norske Melkeprod. Landsforbund (9.8%)

No of Employoes: 650

TORVALD KLAVENESS GRUPPEN SeoKLAVENESS, TORVALD,GRUPPEN

TOTAL MARINE NORSK A/S Haakon VII's Gt 1, Postboks 1361 Vika, N-0113 Oslo 1 Tel: (02) 41 3415 Telex: 17438 tmnos n

Board of Directors: R Granier de Lilliac, U Underland, A Brion, P Vaillaud, J Lyng, Dominique Renouard, T Gjelsvik, K Lorck

Management: F Morane

PRINCIPAL ACTIVITIES: Exploration for, and production of oil Parent Company: Compagnie Fran~aise des Petroles TOTAL Financial Information:

Sales turnover


TROSVIK-GRUPPEN Vestregt 52. Postboks 26, N-3900 Porsgrunn Tel: (035) 70622 Cable: Verkstedet Telex: 21593

Board of Directors: 0 H Jacobsen (Chairman)

1984 NKr'OOO

5.226,000

Management: T R0nningen (Managing Director), K Edvardsen (Sales)

PRINCIPAL ACTIVITIES: Consultancy services for offshore constructions and special ships and for conveying. storage and pipe and pump installations; manufacture of steering gear for ships, heat exchangers. pressure vessels and petrochemical plant

Parent Company: Trosvik A/S Subsidiary Companies: Trosvik Engineering A/S; Trosvik

Industri A/S Financial Information:

Sales turnover


ULSTEIN GROUP N-6065 Ulsteinvik Tel: (47-70)10050 Telex: 42460 UH N; 42342 UT N Telefax: (47-70) 11442

President: Idar Ulstein

1984 NKr'OOO 498.000

Senior Executives: Andor Moldskred (Financial Director). Hans Heydal (Yard Director). Erik Haakonsholm (Sales Manager). Sigmund Borgundvaag (Design Manager)

PRINCIPAL ACTIVITIES: Specialized shipbuilding. up to 10.000 TOW; ship designers. propellers. gears. manoeuvring systems. bulk handling systems. passive stabilizing systems; designing and building of UT700 series offshore vessels

Trade Names: Ulstein Subsidiary Companies: Ulstein Hatl0 A/S; Ulstein Propeller A/S;

Ulstein Trading Ltd. A/S; Uistein Nor A/S; Uistein Smedvik A/S; Peilo Teknikk A/S; Ulstein Flextransport A/S; Ulstein Vanylven A/S; Molde Verft A/S; Uistein Schiffstechnik (West Germany); Ulstein (UK) Ltd (UK); Ulstein Maritime Ltd (Canada); Ulstein (Singapore) Pte Ltd (Singapore); Uistein Asia (Hong Kong); Ulstein Inc (USA)

Principal Bankers: Sunnm0rsbanken A/S

125




UNI FORSIKRING

1984 NKr'OOO 892,600 130,000 98,100

Postboks 1155-Sentrum. N-Ol07 Oslo 1 Tel: +47 2 48 90 90 Cable: Brannkassen

1985 NKr'OOO 738,038 83,706 67,574

Telex: 19716 nobra n (reinsurance); 17525 nomar n (marine); 72891 noil (offshore)

Telefax: +47 2 48 96 30

Board of Directors: Edgar Johannessen (Chairman, General Manager). Oddvar Berrefjord (Vice Chairman), Bj0rn Bergquist, Astrid Laerdal Fr0seth, Jons Hals. Trygve Horgen. Knut Martinsen. Kare Moe. Victor Pedersen. Sverre Pettersen, Helen Stockinger. Nils Waatvik

Central Administration: Senior Managing Director: Ole Hope. Managing Director: Thorleif Borge. Deputy Managing Directors: Olav Smedal. Thorstein 0verland. General Managers: Johan W Amundsen (Data Processing). Gunnar A Engh (Group Secretariat). Carl Henrik Eriksen (Finance). Svein Flugstad (Commercial Clients). Svein Hagen (Claims), Ernst Nadheim (Personnel). Thor Olstad (Controller). B0rre Rognlien (Information). Erik Chr Stoltz (Oil and Marine). Knut Saetre (Real Estate). Harald Taule (Major Customers). Jan 0rmen (Reinsurance). Thore Aarhus (Economy). Chief Actuary: Einar Karlsen. Regional General Managers: Reidar Andersen (Bergen). Einar Lang-Ree (Hamar). Leidulf Prestegard (Stavanger). Ingvar Saether (Trondheim)

PRINCIPAL ACTIVITIES: All classes of life and non-life insurance. direct as well as indirect

Trade Names: UNI Forsikring Parent Company: Norges Brannkasse and Norske Folk Principal Bankers: Christiania Bank og Kreditkasse Financial Information:

Premium income Investment income Profit before tax Profit after tax Shareholders funds


UNION A/S (UNION CO)

31.12.84 NKr'OOO

3.527.700 2.231.400

798.700 798.700 450.503

Nedre Vollgate 4, PO Box 409. Sentrum. 0103 Oslo 1 Tel: (02) 41 27 90 Cable: Union Co Oslo Telex: 78790 union n Telefax: 412791

31.12.85 NKr'OOO

3,985.000 2,589,000

902,000 902.000 550.503

Board of Directors: Arnfinn Hofstad (Chairman), Egil Ranheim (Vice Chairman), Birger B Rasmussen, Olav Eggen, Torger Seland. Alf R Andersen

Management: Erik Hemstad (Managing Director). Svein Rohde (Finance). Erling Rye (Purchase). Axel Thuve (Personnel). Dag T0rvold (Legal)

PRINCIPAL ACTIVITIES: Manufacture and sale of pulp and paper products; main product: newsprint

Trade Names: Nornews. Union Paper Subsidiary/Associated Companies: Norway: A/S Laugstol Bruk;

A/S Drammenselvens Papirfabrikker; Union Paper Co Ltd; A/S Embretsfos Fabrikker; A/S Grubbe Bruk; A/S Klosterfossen; A/S N Kittelsen; Sande Tresliperi A/S; Skotfos Tresliperi A/S; Pava; A/S Folium Fabrikker; Norske Skogindustrier. UK: Union Paper Agency Ltd; Press Paper Ltd. France: Ospaco; Cide; Cimep; Tefrascan; Papier Nordique. Spain: Scanpapel. Portugal: Sodipel

NORWAY Principal Bankers: Bergen Bank A/S Financial Information:

Sales turnover Profit before tax Profit atter tax Retained profit Earnings per share Share capital Shareholders funds

31.12.84 NKr'OOO 940,000 33,300

504 0.5NKr 10,000 76,700

31.12.85 NKr'OOO

1,076,400 26,900 26,600

108 O.lNKr 10,000 76,600

Principal Shareholders: A/S Forenede Papir og Cellulosefabrikker; Norske Skogindustrier A/S; A/S Folium Fabrikker


VALKSDAL M0LLE (A/S) Sandviksveien 160, Postboks 40, N-5270 Vaksdal Tel: (05) 39 70 01 Cable: Mellen

Board of Directors: I Prestegard, J Dale, Margot Henden, E Grenstad, HUlvey, H Sellevold, P Vangsnes

Management: Harald Andersen

PRINCIPAL ACTIVITIES: Flour milling; pasta products; animal feed-stuffs




VEIDEKKE A/S Postboks 70,1344 Haslum Tel: (02) 53 98 70 Cable: Veidekke Telex: 17102 asvei n

Management: Arne Haaland

1984 NKr'OOO 652,025

1,705 855 375 480

80NKr 142NKr

6,000 3,096




VESTA GROUP PLC Postboks 3540, 5033 Fyllingsdalen Tel: (05) 17 10 00 Cable: Vesta Telex: 42030 vesta n

1984 NKr'OOO 560,932

17,690 12,975 11,644

1,331 12NKr

117NKr 11,088 73,287

1985 NKr'OOO 727,311

3,715 2,560 2,200

360 60NKr

426NKr 6,000 5,130

1985 NKr'OOO

1,088,804 34,534 29,453 26,830 2,623

13NKr 146NKr 20,175

125,169

Board of Directors: Einar Falck (Chairman), Johan Fr Odfjell (President), Kjell Ivar Brynsrud, Erik L Flinder, Per Hagelien, Otto Haugsnes, Jacob Neumann, Chr Rieber, Knut Vartdal, Gunnar f21kland

126

Group Management: Johsn Fr Odfjell (PreSident, Vesta Group pic), Olaf Christophersen (PreSident, Skadeforsikringsselskapet Vesta A/S), Aksel Irgens (President, Livsforiskringsselskapet Hygea), Hans Petter Aas (President, A/S Nevi), Frithjof H Frederiksen (President, Polaris Assuranse A/S), Ola Strem (Senior Vice President, Vesta Group pic), Erik Brekke (Senior Vice President, Public Relations)

PRINCIPAL ACTIVITIES: Insurance and financing Subsidiary Companies: Skadeforsikringsselskapet Vesta A/S;

Livsforsikringsselskapet Hygea; AfS Nevi; Polaris Assuranse AfS


Gross operating income 5,316,200 6,310,400 Premium income 3,487,225 3,648,363 Investment income 470,109 596,029

Profit before tax' 116,086 104,391

Profit atter tax' 73,688 53.127 Dividend 51,530 56,370

Dividend per share 14NKr 14NKr

Earnings per share 55.86NKr 21.14NKr


Shareholders equity 632,251 905,960

'and year end adjustments

Principal Shareholders: Investa (25.2%); Made in AfS (6.7%); Norcem A/S (6.2%); Bergen Bank (4.8%); Norske Folk (4.4%); Norsk Hydros Pensjonkasse (2.9%); The Royal Bank (1.4%); Industriforsikring (1.0%); AR Vemmestad (0.9%); Aksjefondet Sparinvest (0.9%)


VESTFOLD-BUSKERUD SLAKTERI AIL Kjelleveien 21, 3100 T0nsberg Tel: (033) 11 790 Cable: Vestfoldslakt

Board of Directors: Tore Kaupang (Chairman), Erling Hognestad

PRINCIPAL ACTIVITIES: Meat and meat products; livestock dealers

Principal Bankers: Sems Sparebank Financial Information:

Sales turnover

1984 NKr'OOO 738,000


VESTLANDSKE SALSLAG PO Box 55, 5080 Eidsvag i Asane Tel: (05) 25 65 20 Cable: Salslaget Telex: 42480

Board of Directors: T f21vreeide (Chairman), Arne Steiestel (Managing Director), K Standal, N Eimhjellen, THole, N Vie Been, J Halheim, J Takle

Management: Anne Steiestel (Managing Director) Senior Executives: L Edal, A Moldrheim, A Remme

PRINCIPAL ACTIVITIES: Meat and meat products; fish and fish products; manufacture and wholesale of other foodstuffs

Trade Names: Gilde Principal Bankers: Vestlandsbanken Financial Information:

Sales turnover

1984 NKr'OOO 900,000

Principal Shareholders: Farmers of Western Norw<lY


1985 NKr'OOO 970,000

VESTLANDSMEIERET, P/L, Kanalv 88, 5032 Minde Tel: (05) 283890 Cable: Vestiandsmeieriet

Board of Directors: Peder S Spildo (Chairman) Management: S Godsey

PRINCIPAL ACTIVITIES: Production of milk, yoghurt, ice cream, butter, cheese and juice

Trade Names: Norske Meierier, Skarp Ola, Bergens Appelsinjuice, Diplom-Is

Subsidiary Companies: A/S Mindemyra; A/S Nyhaugen; AfS Bergen Is

Principal Bankers: Bergen Bank; Vestlandsbanken Financial Information:

Sales turnover


VIKING-ASKIM A/S Eidsbergreien, N-1800 Askim Tel: (02) 88 11 50 Cable: Vikingaskim Telex: 71502

1984 NKr'OOO 866,606

1985 NKr'OOO 909,313

Board of Directors: Christian Langaard (Chairman), Mikkel Dolloug, Arvid Hjermstad, Helge Op0ien, R Skjerve-Nielssen, H P Struksnaes, Ingar Dobloug (Substitute), Odd Jacobsson (Substitute)

Group Administration: Christian Langaard (Managing Director), H P Struksnaes (Deputy Managing Director), E SChj01berg (Finance Director)

Divisional Administration: H P Struksmes (Divisional Director Tyre Division), 0 K Berge (Deputy Divisional Director Tyre Division), K Klungseth (Divisional Director Consumer Division), T Stabell Johansen (Divisional Director Director Footwear Division), K S01vberg (Division Director Technical Division)

PRINCIPAL ACTIVITIES: Manufacture of rubber products including tyres, rubber footwear, rubber bumpers and rubber technical products; rubber coated fabrics, diving suits and protective clothing; production and marketing of crisps and nuts; marketing of microcomputers, data systems and computer services; marketing of musical instruments

Subsidiary Companies: Viking-Otta AfS; Viking-Mj0ndalen A/S; Viking-Stavanger A/S; Tonika A/S (50%); Viking Datatjeneste A/S; Viking Mikrosystemer A/S; A/S Sanitized; Dayco-Askim Trading A/S (50%); A/S Aga; Olrich A/S; Viking Technical Rubber, Inc (USA); Viking-As kim AB (Sweden); OY VikingAskim AB (Finland); Viking-Askim Danmark A/S (Denmark); Viking-Askim (UK) Ltd (UK); Viking-Askim AG (Switzerland); Viking-Askim Handelsg. mbH (37.1%) (Germany)


Sales turnover


VINMONOPOLET A/S PO Box 6675, Rodel0kka, N-0502 Oslo 5 Tel: (02) 65 40 00 Cable: Vinmonopolet Telex: 19536 VINMO Telefax: (02) 64 36 21

31.12.84 NKr'OOO 620,900

Board of Directors: Lars T Platou (Chairman of the Board), Per Antonsen (Managing Director), E Sveine, R Jansen, Birger Str0msheim, Arne Nygaard

Management: Per Antonsen (Managing Director)

PRINCIPAL ACTIVITIES: State monopoly; manufacturing and distributing alcoholic beverages and spirits for medical, technical and sCientific use

127

NORWAY Principal Bankers: Christiania Bank og Kreditkasse Financial Information:

Group sales incl.tax Net sales income Profit before tax Profit after tax Share capital Shareholders funds

Principal Shareholders: The Norwegian State No of Employees: 2,142

VOLVO NORGE A/S Mastemyr, 1410 Kolbotn Tel: (02) 80 85 00 Cable: Volvo Telex: 76647 VOLVO N Telefax: (02) 80 85 00

Management: Bertil Anderson (President)

1985 NKr'OOO

4,565,000 1,088,000

202,824 128,542 100,000

1,400,000

Senior Executives: Jan-Ulf Myhrer (Vice President, Finance and Treasury)

PRINCIPAL ACTIVITIES: Import and trade in motor vehicles Trade Names: VOLVO Parent Company: AB Volvo Principal Bankers: Christiania Bank; Den Norske Creditbank Financial Information:

31.12.84 NKr'OOO

Sales turnover 1,557,000 Profit before tax 51,445 Profit after tax 35,215 Retained profit 16,747 Dividend 12,000 Dividend per share 500NKr Earnings per share 2,144NKr Share capital 24,000 Shareholders funds 49,316

Principal Shareholders: AB Volvo (100%) No of Employees: 185

WILH WILHELMSEN LIMITED A/S See WILHELMSEN, WILH, LIMITED A/S

WILHELMSEN, WILH, LIMITED A/S Roald Amundsensgate 5, Oslo 1 Tel: (02) 48 3030

31.12.85 NKr'OOO

2,336,000 102,355 75,317 32,142 12,000

500NKr 4,265

24,000 62,240

Cable: Wilexp, Wilsteam, Wiltank, Wiltramp, Willine, Wiloil Telex: 78 900 WW

Partners: Niels Werring jnr, Wilhelm Wilhelmsen Directors: Ivar L0vald (Chief Executive and Managing Director),

Hakon (2Istberg (Managing Director BARWIL), Ivar S Alsaker (Wilh Wilhelmsen Services A/S), Martinius Kvande (Corporate Research and Development), Erik A Wettre (Corporate Administration and Personnel), Frank Bjune (Corporate Finance and Control), Sverre Kjelland-Merdre (Corporate Legal and Insurance), Bj0rn Robertsen (Liner Division), Aage Aaberg (Chartering Division), Erik A Kruse (Barber International A/s), Sjur Galtung (Rig Division)

PRINCIPAL ACTIVITIES: Shipowning; liner trade; chartering of bulk carriers; offshore support services: rig activities; agencies

Subsidiary Companies: Barber Wilhelmsen Agencies A/S (BARWIL); Barber International A/S; Wilhelmsens Linjeagenturer A/S (WI LAG); Intertransport Ltd A/S; Trafik A/S. Joint Operating Companies: Scan Barber A/S; Scan Dutch lIS; RoSA Lines; NOSAC; Open Bulk Carriers Limited



Group gross revenue Gross operating income Income before tax' 'and year end allocations


31.12.84 NKr'OOO

5,065,000 729,000 127,000

31.12.85 NKr'OOO

4,975,000 750,000 274,000

128

Major Companies of SWEDEN

129

A JOHNSON &CO HAB See JOHNSON, A, & CO HAB

AB ELECTROLUX See ELECTROLUX, AB,

AB JUVEL See JUVEL. AB,

AB SKANDINAVISKA ELVERK See SKANDINAVISKA ELVERK, AB,

ABBA GROUP Box 2099, S-451 02 Uddevalla Tel: 0522-39360 Cable: Abbafood Telex: 42208 abbaud s

Board of Directors: Kurt Ostlund (Chairman), Christian Ameln (Deputy Chairman), Jan Danielson, Bjorn Gavelstad, Ernst G Knappe, Arne Pettersson (President), Per-Erik Persson, Monika Bengtsson (Employee)

Management: Arne Pettersson (President)

PRINCIPAL ACTIVITIES: Manufacture and export of canned fish products, fish trade

Trade Names: Abba Parent Company: (AB Volvo) Provendor AB Subsidiary Companies: Abba Oy (Finland); Abba GmbH (West

Germany); Abba A/S (Denmark); Nord Morue (France); Export AB Franz Witte & Co; Hailers Konserver AB; A.B. 0hnberg AB; Witte Norway A/S (Norway); Witte UK Ltd (UK); Abba North America (USA); Witte Iberica SA (Spain); Agro Marine SARL (France)

Principal Bankers: Gbtabanken Financial Information:


31.12.84 SKr'OOO

1,067,300 9,000 1,970

25,000 44,600

Principal Shareholders: Provendor Food AB No of Employees: 941

A-BETONG AB Box 24, S-351 03 Vaxjo Tel: 0470/100 10 Cable: abetong S Telex: 52145 ABETONG S

President: Jan-Erik Hakansson

31.12.85 SKr'OOO

1,321,600 19,100 8,400

30,000 52,470

Directors: Ivar DuvhOk (President of A-Betong International)

PRINCIPAL ACTIVITIES: A-Betong's products are mainly complete building systems of precast concrete elements for housing, agricultural and industrial purposes, concrete railway sleepers, crushed stone and ready-mixed concrete

Trade Names: Siroc Parent Company: Euroc Industri AB, Malmo Subsidiary Companies: Goteborgs Makadam GmbH, Germany

and others in Saudi Arabia, Venezuela and Western Australia Principal Bankers: Skandinaviska Enskilda Banken Financial Information:

Sales turnover Profit (loss) before tax Profit (loss) after tax Retained profit Share capital Shareholders funds


1984 SKr'OOO 269,567

10,063 762

12,072 8,000

23,232

1985 SKr'OOO 275,039

(5,255) (4,375) 9,040 8,000

19,506

131

SWEDEN

ABV-ARMERAD BETONG VAGFC>RBATTRINGAR AB S-171 80 Solna Tel: +46-8 5520 00 Telex: 11678 abv 5

Board of Directors: CoS Giesecke (Chairman), S Braser (Managing Director), K-A Pettersson, G Johansson, P Lindberg, S Daun, S Gyll, B Wahlstrom, K-E Onnesjo, Christer Jacobsson

Management: S Braser (Chief Executive and President), A Lundqvist (Deputy Chief Executive and Deputy Vice President)

Senior Executives: G Hallgard, L-O Plyhr

PRINCIPAL ACTIVITIES: Civil engineering and building; property management and development; pollution control equipment including water purification plant; nuclear and water power technology, offshore and oil storage technology

SubSidiary/Associated Companies: AB Gellerasen; Baggermans Entreprenard AB; Jonassons Byggnads AB; Purac AB; Nybergs Entreprenad AB; AB Civic; Vasterbottens GrusforMling AB; IMA-BAU GmbH & Co KG; Stockholms Ballast AB; Entreprenor A/S Armton; Investment AB Develop; Ballast Syd AB; AB ABV; Ray Wilson Co; LB Hus AB; NVS Installations AB; Eurobalken A/S; Allegemeine Bautenvertriebs GmbH; ABV Hellas Ltd; ABV Bahrain Construction Co; Goteborgs Betongpaler AB; ABVInternational Ltd; Baltic Construction Services Co Ltd; CCSOn Line AB; ABV Thomesto Trading AB; Astrup H0yer AfS; Civic Fondkommission AB; Foretagsfinans AB

Financial Information: 31.12.84 31.12.85 SKr'OOO SKr'OOO

Sales turnover 8,677,000 9,017,000 Profit before tax 80,300 53,800 Profit after tax 54,900 37,700 Retained profit 39,500 71,300 Dividends 22,400 28,000 Dividends per share 3.20SKr 4.00SKr Earnings per share 7.50SKr 18.50SKr Share capital 174,700 174,700 Shareholders funds 313,700 328,700

Principal Shareholders: AB Foretagsfinans; National Pension Insurance Fund 4th Managing Board; Svenska PersonalPensionskassan (SPP); Svenska Kreditforsakrings AB; Forsakrings AB Skandia

No of Employees: 12,811 Group, 8,632 Company

ADAAB Importg 16-18 Hisings Backa, Box 49, 401 20 Goteborg Tel: 031/520400 Cable: Drogvall Telex: 2255 adag bg 5

Senior Executives: A Nohrlander

PRINCIPAL ACTIVITIES: Trade in chemicals Parent Company: Apoteksbolaget AB Financial Information:

1984 SKr'OOO

Sales 3,555,230


AGA GROUP S-181 81 Lidingo Tel: 08/731 10 00 Cable: agafaros Telex: 17780 AGALID S

Board of Directors: Sven Agrup (Chairman), Marcus Storch (President), Kjell Brandstrom, Krister Wickman, Hans-Eric Ovin, Tom Hedelius, Hakan Frisinger, Bjorn Svedberg, Kent Karlsson, Torsten Svensson

SWEDEN Management: Marcus Storch (President), Anders Rydin (Vice

President Administration and Control), Jan Belfrage (Vice President Finance), Jens Wick berg (Vice President Marketing, Technique, R&D), Arvid Gierow (President Frigoscandia), Karl Lindblad (Regional Manager, Gas Operations), K Werner (Regional Manager, Gas Operations), Niels Sundvik (Regional Manager Gas Operations), Lars Salomon (Regional Manager Gas Operations), Bertil Kusoffsky (Manager, Gas Operations), Ake Nyborg (Regional Manager Gas Operations), Sven-Ake Johansson (President Uddeholm)

PRINCIPAL ACTIVITIES: Production and marketing of industrial and medical gases, processes based on gases, equipment and consurnables for welding, cutting and brazing, equipment for storing and transporting gases, equipment for food freezing. Storing and transporting chilled and frozen food. Production and marketing of tool steel. Production and distribution of electric power

Trade Names: AGA, Frigoscandia, Uddeholm, Uddeholm Tooling, ASSAB, Varmlandsenergi

Parent Company: AGA AB Major Subsidiary Companies: Frigoscandia AB; Frigoscandia

Contracting AB; Uddeholms AB; Uddeholm Tooling AB; Associated Swedish Steels AB; Varmlandsergi AB, Sweden; Oy AGA Ab; Oy Suomen Bofors Ab, Finland; AGA Gas GmbH; Uddeholm GmbH; Frigoscandia GmbH, West Germany; AGA Gas BV; Uddeholm Tooling BV, Netherlands; AGA A/S; Uddeholm A/S, Denmark; AGA Norgas A/S, Norway; AGAWerke Wien GmbH; Uddeholm GmbH, Austria; AGA AG, Switzerland; AGA France SA; Uddeholm SA, France; Iberica AGA SA; Uddeholm SA, Spain; Frigoscandia Ltd; Uddeholm Ltd, UK; AGA Gas Inc; Uddeholm Corp, USA; Uddeholm Ltd, Canada. Gas companies in Mexico, Venezuela, Argentina, Chile, Colombia, Ecuador, Peru, Uruguay and Brazil. Associated Companies: Kloster Speedsteel Ab; Uddenholm Strip Steel AB; Uddeholm Stainless Bar AB, Sweden; L'Air Liquide Beige SA, Belgium; V.O.F Cryoton, Netherlands; Technische Gase GmbH, Austria; Deutsche L'Air Liquide GmbH, Germany; Cie des Entrepots et Gares Frigorifiques SA, France; Aeroton Gases Industriais Ltda, Brazil

Principal Bankers: Svenska Handelsbanken; Skandinaviska Enskilda Banken


Sales turnover Profit before tax Profit after tax Retained profit(2) Dividends Dividends per share Earnings per share Share capital Shareholders funds (1 )Adjusted to conform with

accounting principles adopted in 1985

(2)including profit after tax

31.12.84(1) SKr'OOO

5,632,000 368,000 250,000 482,000 109,000 3.67SKr

11.00SKr 496,000

1,940,000

31.12.85 SKr'OOO

9,755,000 496,000 337,000 612,000 157,000 4.00SKr

13.30SKr 957,000

3,089,000

Principal Shareholders: Industrivarden AB; The National Pension Fund; Svenska Handelsbanken Pension Fund; Investment AB Beijer


AHLENS AB S-163 83 Stockholm Tel: 08/750 1000 Telex: 10007 AHLEN S

Board of Directors: Anders Lindstrom (Chairman) Senior Executives: Bertil Holmberg

PRINCIPAL ACTIVITIES: Department store chain Parent Company: D Carnegie & Co AB Principal Bankers: Svenska Handelsbanken; Skandinaviska

Enskilda Banken

132


Sales Share capital Shareholders funds


AHLMARKS GRUPPEN Box 306, 651 05 Karlstad Tel: 054/11 52 00 Cable: Ahlmarco Telex: 66375 ALMARK S Telefax: 054/18 56 38

31.12.84 SKr'OOO

6,239,000 112,500 25,000

31.12.85 SKr'OOO

5,942,000 112,500 23,200

Board of Directors: Lennart Hemmingson (Chairman) Management: Bengt Rejmer (Managing Director) Senior Executives: Bo Warmling

PRINCIPAL ACTIVITIES: Shipping, forwarding and stevedoring; fuel distribution; data services

Parent Company: O.F. Ahlmark & Co Eftr. A.-B. SubSidiary Companies: Ahlmarks Bransle AB; Karlstads

Skeppsmakleri AB; Ahlmark Chartering AB; Ahlmark Lines AB; Kristinehamns Stuveri AB; Ahlmark Data AB; AB Byggbeslag; Ahlmarco BV

Principal Bankers: Wermlandsbanken Financial Information:

Sales turnover Profit before tax Profit after tax Dividends per share Share capital


31.12.84 SKr'OOO

1,073,945 10,890 6,992 4.5%

19,500

AKERLUND & RAUSING (AB) Box 22, 22100 Lund Tel: 046/1242 00 Cable: package Telex: 32350; 32351 package s Telefax: 046-11 3600

31.12.85 SKr'OOO

1,117,492 12,674 13,258

4.5% 19,500

Chairman: Hans Larsson; President: Bror Anders Mansson Directors: Lennart Mansson, Nils Ridhammar, Lennart Sjolund Senior Executives: Jan Gustavsson (Business ContrOl), Lars-

Owe Thoor (Personnel), Christina Drotz (Information), CarlAxel Bjorkengren (Research and Development), Anders Linde (Market), Hans Wellius (Legal)

PRINCIPAL ACTIVITIES: Manufacture of products made of cardboard, paper, foil, plastic; machines

Parent Company: Swedish Match (100%) Principal Bankers: Skandinaviska Enskilda Financial Information:

Sales turnover


AKERMANS VERKSTAD AB Box 115, 241 00 Eslov Tel: 0413/131 10 Telex: 322 98 akerman s

1986 SKr'OOO

1,800,000

Board of Directors: Hans-Cavalli Bjerkman (Chairman) Management: Nils Linander (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture and marketing of excavators

Trade Names: Akerman Subsidiary Companies: Akermanmaskiner i S~erige AB;

Akermans Maskin A/S (Norway); Oy Jussi Akerman AB (Finland); Akermans Entreprener-Maskin A/S (Denmark);

Akermans Industries (UK) Ltd (UK); Akermans Machines BV (Netherlands); Akerman Belgium SA (Belgium); Akermans Verkstad Baumaschinen GmbH (Germany); .Akermans Verkstad Baumaschinen Ges.m.b.H. (Austria); Akermans Baumaschinen AG (Switzerland); Akerman HW Inc. (USA); .Akermans Verkstad I Lund AB

Principal Bankers: Skandinaviska Enskilda Financial Information:

Sales turnover Profit before tax Profit after tax Dividends Dividends per share Earnings per share Share capital


ALFA-LAVAL AB PO Box 12150, S-102 24 Stockholm Tel: 08-80 99 00

1984 SKr'OOO

1,099,900 48,400 16,700

9,000 3.50SKr 7.34SKr

64,300

1985 SKr'OOO

1,267,000 65,300 18,200 12,004

3.50SKr 9.73SKr

85,700

Board of Directors: Hans Stahle (Chairman), Peder Bonde (Deputy Chairman), Per-Jonas ElilEson, Harry Faulkner, Siv Holmberg, Hakan Mogren, Nils Linander, Hans Ramel, Sven S0derberg, Kurt Palsson, Fredrik Lundberg, S0ren Eriksson (Deputy), Jorma Karlsson, Jan Nilsson (Deputy), Per Lundberg

Executive Group Management: Harry Faulkner (Managing Director and Chief Executive), Lars Hallde!n (Deputy Managing Director, Industrial Group), Lars Trane (Deputy Managing Director, Finance and Administration)

PRINCIPAL ACTIVITIES: Production 01 agricultural and dairy equipment; food processing plant; engineering equipment; thermal equipment; POllution control equipment

Group Companies in Scandinavia: AlIa-Laval Agriculture International AB; AlIa-Laval Automation AB; AlIa-Laval Flow Equipment AB; Alfa-Laval Food & Dairy Engineering AB; AllaLaval Marine & Power Engineering AB; AlIa-Laval Separation AB; Alfa-Laval Thermal AB; Hamra Farm; Alfa-Laval Agri Scandinavia AB; AB Manus; Fabriken Odin AB; AlIa-Laval Livsmedelsteknik Norden AB; AB Zander & Ingestr0m; AB Tomal; AB Celleco; AB Lingbo Verkstader; Svenska Rotor Maskiner AB; Ewos AB; AB Profila; Ololstroms Kraft AB; Square Company AB; AlIa-Laval Credit AB; AlIa-Laval Contracting AB; AlIa-Laval Licens AB; SAn Control AB, Sweden; AlIa-Laval Separation A/S; AlIa-Laval Zeta A/S; Nirex Engineering A/S; Danice A/S; Danmaid A/S; AlIa-Laval Meat By-Product A/S; 0 G H0yer A/S; Lavrids Knudsen Maskinfabrik A/S; Alfa-Laval Agro Scandinavia A/S; Ewos A/S; Manus Agroteknik A/S, Denmark; Alfa-Laval Agri Scandinavia OY; Finnewos OY; OY Zeta AB, Finland; AlfaLaval Agri Scandinavia A/S; Maskin A/S Zeta; Norsk Landbrukskjemi A/S; Zeta Vann & Avlop A/S, Norway and others in Austria, Belgium, Eire, France, Greece, Germany, Italy, Netherlands, Spain, Switzerland, UK, North and South America, Australia, New Zealand, Alrica and Asia

Principal Bankers: Skandinaviska Enskilda Banken Financial Information:

31.12.84

SKr'OOO Sales turnover net 8,847,800 Prolit before tax 398,300 Pro lit after tax 109,400 Retained profit Dividends 131,856 Dividends per share 9.00SKr Earnings per share 20.00SKr Share capital 734,300 Equity capital 1,333,200

31.12.85

SKr'OOO 10,046,000

823,500 531,500 724,800

146,800 10.00SKr 9.00SKr 734,300

2,676,600

133

SWEDEN Principal Shareholders: Lundbergforetagen (17.65%); Investor

(11.4%); Providentia (11.29%); SPP (3.24%); Beijerinvest (2.68%); SEB pension foundation (1.83%)


ALFORT & CRONHOLM (AB) Box 45006, 104 30 Stockholm Tel: 08/7282000 Cable: Alfort Telex: 10830 alcro s

Board of Directors: Sven Gerentz (Chairman) Management: Mikael Alfort (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture 01 paints, laquers, varnishes and enamels; wholesale chemicals, wallpapers and other paint retailers' goods

Trade Names: Servalac, Bell, I-tak, Milltex, Stugfarg Subsidiary Companies: Klintens; Wingqvist; Nitor; AC Industri

Kemi; Lindansaren; Deckel Lack Principal Bankers: Skandinaviska Enskilda Financial Information:


31.12.84 SKr'OOO 773,000

42,000 3,000

37,000 3,600

5.00SKr 27.94SKr

36,000 27,000

Principal Shareholders: The Alfort Family; The Bjaringer Family; John Rapp


ALiMAK AB Box 30614, 931 03 Skelleftea Tel: 0910/14230 Cable: Lindali Telex: 65083 lindali s

Management: S J Hargestam (Managing Director)

PRINCIPAL ACTIVITIES: Development, manufacture and marketing of rack and pinion operated building elevators and permanently installed elevators and equipment for underground working

Parent Company: Investment AB Promotion Subsidiary Companies: Alimak Svenska Forsaljnings AB

(Sweden); Alimak Ltd (UK); Alimak Inc (USA); Alimak GmbH (West Germany); Alimak SA (50%) (France); Alimak (Australia) Pty (49%) (Australia)

Principal Bankers: Svenska Handelsbanken Financial Information:

Sales turnover Profit (loss) before tax Profit (loss) after tax Share capital

31.12.84 SKr'OOO 164,730

(8,221) (8,307)

36,000

Principal Shareholders: Investment AB Promotion No of Employees: Group 520, Sweden 320

ALVENIUS-KONCERNEN Box 521, 631 07 Eskilstuna Tel: 016/11 01 60 Cable: Alveab Telex: 46076 alve s

Board of Directors: Alf Wemmersten (Chairman) Management: Ake Landerholm (Managing Director)

31.12.85 SKr'OOO 188,250

3,841 1,291

38,000

SWEDEN PRINCIPAL ACTIVITIES: Metal constructions including building

elements and pipes for the paper and pulp, chemical and food industries


Sales turnover Profit (loss) before tax Profit (loss) after tax Retained profit Earnings (loss) per share Share capital Shareholders funds


1984 SKr'OOO 477,000

(2,900) (3,200) 23,000

(9.06SKr) 16,000 47,900

AMF ArbetsmarknadsfiSrsakringar PensionsfiSrsakring S-11388 Stockholm Tel: 08/787 40 00

PRINCIPAL ACTIVITIES: Insurance services Financial Information:

1985 SKr'OOO 472,820

6,444 5,646

28,707 20.14SKr

16,000 53,616

Premium income

1984 SKr'OOO

2,730,000

ANDERSON, PAUL, INDUSTRIER AB Box 704, 721 20 Vasteras Tel: 021/155000 Telex: 40609 aros s

Board of Directors: B Frid (Chairman), Bengt Magnusson (Managing Director), J Andberger, B Mattson, B Frid, C Stiigh, L Stromberg, T SOderstrom, B Liffner, S Martin-Lof, L Svanbom

Management: Bengt Magnussen (Managing Director)

PRINCIPAL ACTIVITIES: Building contracting; foundry; plant hire; real estate management; finance company

Subsidiary Companies: Byggnads AB Astur; Bygg Paul AB; Candator AB; Ekebro AB; Kramo AB; Andus Leasing AB; Metodbyggen AB


Sales turnover Profit before tax Profit after tax Dividends Dividends per share Earnings per share Share capital Shareholders funds


APOTEKSBOLAGET AB

1984 SKr'OOO

1,567,000 5,900 2,700 3,392

3.60SKr 13.60SKr

52,700 85,500

Humlegardsgatan 20, 105 14 Stockholm Tel: 08/24 08 00 Telex: 11553 apobol s

1985 SKr'OOO

1,612,000 11,500 4,800 4,740

4.50SKr 12.70SKr

52,700 86,500

Management: A Nohrlander (Managing Director)

PRINCIPAL ACTIVITIES: Wholesale and retail pharmaceuticals and patent medicines

Subsidiary Companies: Ada AB Financial Information:

Sales turnover


1984 SKr'OOO

6,395,200

134

A-PRESSEN AB Box 1144, S-111811 Stockholm Tel: 08/230140

PRINCIPAL ACTIVITIES: Publishing Financial Information:

Sales turnover


ARITMOS (AB) Box 1443, 251 14 Helsingborg

Tel: 042/12 75 30 Cable: ARITMOS Telex: 72213 ARITMOS S Telefax: 042/130683

1984 SKr'OOO 770,000

Board of Directors: Goran Sundblad (Chairman), Gunnar Glimstedt, Per Lindblad, Gunnar Malmenstrom, Ingvar Wenehed (President), Gunnar Randholm, Peter Sahlin, Per Sorte (Vice Chairman)

Group Executive Management: Ingvar Wenehed (President), Lars-Yngve Larson (Director of Finance and Administration), Jan-Arthur Delin (Director of Economy)

PRINCIPAL ACTIVITIES: Group engaged in the manufacture of food products including meat products for fast food restaurants, sandwich meat and sausage, frozen food for catering kitchens, edible fats, dairy products including yoghurt and dessert cheese; sports goods including tennis and golf balls and retail of sports and leisure wear, tennis shoes golf shoes and ski boots; bicycles, ergometric cycles; gardening machinery; newspaper mail room systems; retail of motor cycles

Trade Names: TRETORN, ETONIC, STIGA, MONARK

Subsidiary Companies: Akron AB; Lars Jonssons Charkuterifabrik AB; Indra AB; Margarinbolaget AB; btab Sport AB; Tretorn AB; Industri AB Kuban; Monark-Crescent AB; Stiga AB; Warmac AB; H Floter Forsaljnings AB; Etonic Inc

Financial Information: Group figures 31.12.84 SKr'OOO


Profit before tax 131,200 Profit after tax 102,100

Dividends 19,000

Dividends per share 2.20SKr

Earnings per share" 14.00SKr

Capital stock 86,800

Shareholders equity 547,000

"after estimated tax


ARLA EKONOMISK FORENING S-105 46 Stockholm Tel: +46-8-7895000 Telefax: 46-8-209826 Telex: 19844 ARLAHK S

Board of Directors: A Wachtmeister (Chairman) Management: C-A Samuelson (PreSident)

31.12.85 SKr'OOO

1,661,200 110,100 49,900 26,000

3.00SKr 12.00SKr

86,800 577,800

PRINCIPAL ACTIVITIES: Dairy cooperative; production of dairy and food products

Subsidiary/Associated Companies: Frodinge Mejeri; Semper; ASM; L & L International; Veritech

Principal Bankers: Foreningsbankernas Bank; Svenska Handelsbanken


Sales turnover Profit before tax Profit a Iter tax Retained profit(1) Members capital contributed Members funds(2) (1 )including legal reserve,

excluding profit for the year

(2)including capital contributed, excluding untaxed reserves

1984/85 SKr'OOO

8,734,249 18,363 7,728

300,660 277,760 586,058

Principal Shareholders: 17,600 members No of Employees: 6,319

1985/86 SKr'OOO

8,983,261 135,672 135,172 308,389 300,201 743,761

AROSBYGDENS LANTMAN FORENING UPA Box 888, 721 23 Viisteras Tel: 021/155600 Cable: Arosbygden

Board of Directors: SoB Eriksson, L Jonsson, N Rudolphson, H Elander, L Hellstrom, 0 Andersson, S Lindstrom, H Ostlund, H Siivneby, H Fagelsbo, L Thorstensson

Management: L Thorstensson

PRINCIPAL ACTIVITIES: Wholesale trade in animal feedstuffs, cereals and fertilisers

Trade Names: Lantmiinnen Subsidiary Companies: Lantmiinnens Maskincentral Principal Bankers: PK-Banken; Foreningsbanken Financial Information:

Sales turnover Profit before tax Profit after tax Dividends


ASEA AB S-721 83 Viisteras Tel: 021-100000 Cable: ASEA VASTERAS Telex: 40720 ASEAVA; 17236

31.12.84 SKr'OOO 846,716

16,315 1,176

22,300

31.12.85 SKr'ooO 880,294

4,704 718

28,300

Board of Directors: Dr Curt Nicolin (Chairman), Peter Wallenberg (Deputy Chairman), Percy Barnevik (President and Chief Executive Officer), Erich Aas, Lennart Johansson, Jan Karlsson, Torsten Lindstrom, Christian Norgren, Folke Westerberg, Sven SOderberg. Deputy Members: Carl Andersson, Bjorn Berggren, Aide Nilsson, Carl-Bertil Winqvist

Management: Percy Barnevik (President and Chief Executive Officer)

Senior Executives: Arne Bennborn, Surne Carlsson, Bengt Kredell, Bert-Ola Svanholm, Lars h Thundl

PRINCIPAL ACTIVITIES: Manufacturing and marketing of plant and equipment for the generation, transmission and distribution of electrical energy; plant and equipment for the operation and control of industrial processes; industrial robots; transportation equipment; semi-finished and finished goods; power station operations, service, installation work

Trade Names: PRESSDUCTOR, TORDUCTOR, TYRAK, TYRECT, SINDAC, TESSELATOR

Subsidiary Companies: (100"10) owned unless stated: AB Skandinavisk Elverk; Fliikt AB (51"10); ASEA-STAL AB; STAL Refrigeration AB; ASEA-KABEL AB; AB ASEA-ATOM; AB ASEA SKANDIA: Surahammars Bruks AB; AB Hagglund & Soner; CEWE AB; Jarnkonst AB: Fastlghets AB Melker; AB Electro-Invest; AB Elektrokoppar (75"10); Scandinavian Glasfiber AB(60"lo): ASEA-HAFO AB; ASEA PLAST AB; ASEA

135

SWEDEN Construction AB; ASEA Svenska Forsiiljning AB: AB Nafveqvarns Bruk; ASEA Tuck AB and other companies in Sweden; ASEA Inc (USA); ASEA Eletrica Uda (Brazil); ASEA INC (Canada): ASEA GmbH (98%) (Germany): ASEA SA de CV (Mexico): ASEA-PER KURE A/S (Norway); ASEA Participa~oes Llda (Brazil); ASEA SA (Spain); ASEA A/S (Denmark); ASEA SA (France); ASEA Ply (Australia); ASEA Holdongs Ltd (UK); Oy ASEA Ab (Finland); ASEA SpA (Italy); ASEA Reinsurances SA (Luxembourg); ASEA BV (Netherlands); NV ASEA SA (Belgium)

PrinCipal Bankers: Skandinaviska Enskilda Banken Financial Information:

Sales turnover Profit after tax Dividends Dividends per share Share capital


ASEA SKANDIA (AB) Malmviigen 141, 191 83 Sollentuna Tel: 08/92 35 00 Cable: ASEASKANDIA Telex: 11314 SKAND S

31.12.84 SKr'OOO

36,100,000 370,000 280,000 7.00SKr

2,000,000

Board of Directors: Bert-Olof Svanholm (Chairman) Management: Hans Andersson

31.12.85 DKr'OOO

39,950,000 422,000 360,000 9.00SKr

2,000,000

PRINCIPAL ACTIVITIES: Trade in domestic electrical appliances Parent Company: ASEA AB, Vasteras, Sweden Subsidiary Companies: Asea Skandia Oy, Helsingfors; Asea

Skandia A/S, Oslo; Asea Skandia Havemanns EL A/S, Kopenhamn; Scan Electric AB, Stockholm; Asea Skandia Service AB, Sollentuna


1984 SKr'OOO

Sales turnover 2,755,153 Profit before tax 17,388 Profit after tax 7,502 Retained profit 71,859 Earnings per share 121SKr Share capital 75,000 Shareholders funds 195,635

Principal Shareholders: ASEA AB (100"10) No of Employees: 1,803

ASEA STAL AB S-612 20 Finspong Tel: 0122/81000 Cable: staval Telex: 64045

President: Goran Lundberg

1985 SKr'OOO

3,080,419 24,259

5,885 76,539

141SKr 75,000

203,723

Directors: Curt Nicolin, Carl Larsson, Percy Barnevik, Bengt Berg, Goran Lundberg

Senior Executives: Lars-Erick Nygren (Administration), Lennart Hagegard (Steam Power Division), Leif Nilsson (Gas Turbine Division), Christer Carlsson (Energy Systems Division) Carsten Olesen (ASEA PFBC), Thomas Wernhoff (Marketing), Gunnar Cegrell (Materials and Manufacturing)

PRINCIPAL ACTIVITIES: Manufacturers of steam and gas turbines and large heat pumps; solid fuel boilers

Trade Names: ASEA STAL Parent Company: ASEA AB, Vasteras Subsidiary Companies: INFRASONIK AB; ASEA PFBC AB.

Sweden; ASEA STAL Ab, Finland; ASEA STAL SA. France: ASEA STAL Ltd. UK; ASEA STAL Inc. Montvale NJ. USA

Principal Bankers: Skandinaviska Enskilda Banken

SWEDEN Financial Information:

Sales turnover Profit before tax' Profit after tax Retained profit Share capital Shareholders funds 'and allocations


ASEA-ATOM (AB)

31.12.84 SKr'OOO

1,459,575 245,448

10,215 26,677

200,000 260,111

Gideonsberg 2, Box 53, S-721 04 VasterAs Tel: 021/107000 Cable: Aseaatom Telex: 40629 atomva s

Chairman: C Nicolin

31.12.85 SKr'OOO

1,928,982 307,849

12,298 37,875

225,000 264,909

Members of the Board: L Torseke, P Barnevik, B-O Svanholm, L Halle, T Lindstrom

Senior Executives: L Torseke, P Faxer

PRINCIPAL ACTIVITIES: Nuclear industry; manufacture of nuclear power plants, nuclear fuel components and nuclear reactor maintenance

Parent Company: ASEA AB Principal Bankers: Skandinaviska Enskilda Financial Information:

Invoiced sales Profit before allocations

31.12.84 SKr'OOO 854,000 263,000

Principal Shareholder: ASEA AB (100%) No of Employees: 1,130

ASGAB Teguluddsvagen 64, Box 27075, S-102 51 Stockholm Tel: 08/782 20 00 Telex: 19343 asghk s

Management: Bengt Jonsson (President)

31.12.85 SKr'OOO

2,833,000 340,000

PRINCIPAL ACTIVITIES: Transport and forwarding activities in Sweden and abroad; warehousing

Parent Company: AB Swedcarrier Subsidiary Companies: ASG (Danmark) AIS (Denmark); ASG

(Deutschland) GmbH (Germany); ASG (HK) Ltd (Hong Kong); ASG Transport Ltd (Kenya); ASG (Australia) Pty Ltd (Australia); ASG (UK) Ltd (UK); ASG Forwarding Inc (USA); ASG (Norge) AS (Norway); ASG Transport Spedisjon A/S (Norway); ASG Belgium NV (Belgium)


1984 SKr'OOO

Sales 6,364,467 Profit before tax 26,264 Profit after tax 11,490 Dividend 10,090 Dividend per share 11SKr Share capital 91,728 Shareholders funds 49,432

Principal Shareholders: AB Swedcarrier; AB Transportforvaltning


ASKEN, INVESTMENT AB, Box 13070, 402 522 Goteborg Tel: 031/250 400 Cable: Gamlestaden Telex: 8205109 ASKEN

1985 SKr'OOO

6,452,957 11,644 12,000 10,090 11SKr 91,728 46,446

136

Board of Directors: Bangt Karlson (Chairman), Tore Daun, Gunnar L Johansson, Carl Langenskiold, Peter K:son Mark, Erik Penser, Mauritz Sahlin, Sven Agrup

Group Management: Jaan Kaber (Managing Director), Ove . Eklund, Magnus OHander, HAkan Stenberg

PRINCIPAL ACTIVITIES: Industrial holding company with a wide variety of interests in Swedish industry including building, textiles, engineering products

SubSidiary Companies: Asken Gamlestaden AB; FflJrvaltnings AB Etuiet; Forvaltnings AB Gamlestaden; AB Korgen


1984 SKr'OOO

Operating income 802,670

Principal Shareholders: Forvaltrings AB Yggdrasil; Investment AB 0 Carnegie & Co; Johannes Johansson's Memorial Fund; Svenska Handelsbanken's Pension Fund; Pension Society SHB; Insurance Association


ASTRA AB Kvarnberg 16, 151 85 Sodertiilje Tel: +46 755 329 80 Cable: Astra Telex: 10974 astra s

Board of Directors: K A Wegerfelt (Honorary Chairman), S Gustafsson (Chairman), H Stahle (Vice Chairman), S Bergstrom, P Bonde, T Hagstrom, C Ringkvist, B Tillander, U Widengren .

Management: U Widengren (President), J Larsson, S Rosell, C Warnstrom, B Eriksson

PRINCIPAL ACTIVITIES: Manufacture and sale of pharmaceutical products

Subsidiary Companies: Astra Uikemedel AB; AB Hassle; Hassle Lakemedel AB; AB Draco; AB Tika; Astra Meditec AB; Astra Pharmaceutical; Production AB; Astra Pharmaceuticals International AB; Astra Development AB; Astra Tech AB (55%); Astra Pharmaceuticals AB; Astra Chemical Products AB; Astra Fondaktiebolag


Sales turnover Profit before tax Profit after tax Dividend Share capital


ATLAS COPCO AB S-105 23 Stockholm Tel: 08/7438000 Cable: atlascopco stockholm Telex: 14090 copeo s

31.12.84 SKr'OOO

3,911,400 804,000 269,400

63,200 564,200

31.12.85 SKr'OOO

4,435,700 1,040,400

407,200 90,000

564,200

Board of Directors: Peter Wallenberg (Chairman), Tom Wachtmeister (President)

Group Management: Tom Wachmeister (President), Bertil Eriksson (Senior Executive Vice PreSident), Einar Liwendahl (Executive Vice PreSident), Sven-Ingvar Svensson (Executive Vice President), Bo Eklof (Senior Vice PreSident, Administration), Divisional Management: Per Wejke (President, Atlas Copco MCT AB), C Melville Errington (President, Atlas Copco Airpower n.v.), Michael Treschow (President, Atlas Copco Tools AB), Gosta Fernstrom, Berema AB), Carl-Axel Rudd (President, Monsun-Tison AB)

PRINCIPAL ACTIVITIES: Mechanical engineering; air and gas compressors, rock drilling and tunnelling equipment for construction and mining, air tools and assembly systems including surface treatment equipment for manufacturing

industry; pneumatic components and electronic measuring instruments

Trade Names: Atlas Copco Subsidiary Companies: Berema AB; Atlas Copco MCT AB;

Monsun-Tison AB; Atlas Copco Tools AB; Atlas Copco Airpower nv (Belgium)


Sales turnover Profit before tax Profit after tax Retained profit Dividends per share Earnings per share Share capital

31.12.84 SKr'OOO

9,100,000 545,100 281,100 573,000 4.50SKr

11.25SKr 586,500

31.12.85 SKr'OOO

10,062,000 710,700 392,300 828,000 6.00SKr

17.05SKr 586,500

Principal Shareholders: AB Patricia; Forvaltnings AB Providentia; AB Investor; General Pension Fund, Fourth Board; Swedish Staff Pension Society (SPP); The Mitsubishi Bank of California (los Angeles); Atlas Copco Share Savings Fund; Skandia Insurance; Fabege AB; Nats Cumco (New York)


ATLAS COPCO MCT AB S-104 84 Stockholm Tel: 08/743 8000 Cable: Copemcete Telex: 14090 Copco S

Board of Directors: Bertil Eriksson (Chairman) Management: Per Wejke (Managing Director) Senior Executives: lars Calmered, Ake Stavling, Gustaf

Brakenhielm, Bengt Ljung, Hans Fernberg, Nils-Ake Jenstav

PRINCIPAL ACTIVITIES: Manufacture of drilling machinery Parent Company: Atlas Copeo AB Principal Bankers: Skandinaviska Enskilda Banken Financial Information:

Sales turnover Profit before tax Profit (loss) after tax Retained profit Share capital


AVESTA AB Stureplan 3, 10375 Stockholm Tel: 08/788 50 50

31.12.84 SKr'Ooo

1,348,491 14,054 (2,049) 60,840

100,000

31.12.85 SKr'ooo

1,290,913 23,242 3,589

21,890 100,000

Board of Directors: Sten Wikander (Chairman), Rune Hallaker (Vice Chairman), Bo Berggren, Goren Ennerfelt, Sven-Eric Hakansson, sven-Ake Johansson, Christer Zetterberg, Jan-C Carlen (Managing Director)

Management: Jan-C Carlen (Managing Director) Senior Executives: Benkt lindstrom, Per Molin, Hans Jacob

Waern, Alf Wedmalm

PRINCIPAL ACTIVITIES: Production of steel including stainless acid resistant and refractory steel, pipes and fittings; welding wire, welding electrodes, strips, plates

Parent Company: Nordstjernan AB, Stockholm Subsidiary Companies: Nyby-Uddeholm AB Principal Bankers: Skandinaviska Enskilda Financial Information:

Sales turnover

1984 SKr'Ooo

5,364,200

Principal Shareholders: Nordstjernan AB; A Johnson & Co HAB No of Employees: 7,000 Group

137

SWEDEN

B & W STORMARKNADER AB S-163 977 Stockholm Tel: 08/750 77 00

Management: Claes Tamm

PRINCIPAL ACTIVITIES: Department stores Parent Company: J S Saba AB Financial Information:

Sales turnover

1984 SKr'OOO

2,201,200


BASF SVENSKA AB Kungsportsavenyen 31-35, Box 53008, S-400 14 Goteborg Tel: 031/81 3260 Cable: Basimport Telex: 2327 basf s

Board of Directors: Aif Akerman (Chairman) Management: Jan Hillstrom (Managing Director)

PRINCIPAL ACTIVITIES: Swedish subsidiary sales company of the German Corporation BASF. Basic chemicals, fertilizers, plastics, dispersions, fibre intermediate dyestuff, EDPProducts, audio-video products

Parent Company: BASF Aktiengesellschaft Financial Information:


1985 SKr'OOO

1,101,600 7,306

Only Shareholders: BASF Aktiengesellschaft No of Employees: 150

BAYER SVERIGE AB Box 5237, 402 24 Goteborg Tel: 031/830580 Cable: Bayerkemi Telex: 21154 bayerg s Telefax: 31-408829

Board of Directors: Jon Mannheimer (Chairman) Management: Lennart Aberg

1986 SKr'OOO

1,153,500 16,862

PRINCIPAL ACTIVITIES: Import and distribution of products manufactured by Bayer AG leverkusen, including rubber, chemicals, plastics, man made fibres, pharmaceuticals and agricultural chemicals

Trade Names: Dralon, Makrolon, Aspirin, Bayleton, Baypren, Adalat

Parent Company: Bayer AG, leverkusen, Germany Subsidiary Companies: Gullviks Fabriks AB Principal Bankers: Gotabanken; SE-Banken Financial Information:

Sales turnover

1984 SKr'ooO

1,002,000

1985 SKr'OOO

1,085,000

Principal Shareholders: Bayer Foreign Investments ltd, Toronto No of Employees: 238

BECKER, WILH, (AB) lovholmsgrand 12, 117 83, Stockholm Tel: 08/7440040 Cable: Wilbecker Telex: 11128 beckerl s

Board of Directors: G Olson (Chairman) Management: U lindtm (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of paints, rust proofing and insulating materials, coated fabrics for industrial applications, protective clothing

Subsidiary/Associated Companies: Alucrom AB (Sweden); Galon Europe SA (Belgium); Beckers Maling A/S (Norway); Beckers

SWEDEN Lakkindustri A/S (Norway); Oy Wilh Becker Ab (Finland); Oy Renacta Ab (Finland); Lackwerke Wiilfing GmbH & Co (West Germany); Galon Fabrics Ltd (UK); Becker Paint Ltd (UK)

Principal Bankers: Gotabanken Financial Information:

Sales turnover

1984 SKr'OOO

1,947,180


BEIJER BYGGMATERIAL AB Box 11055, S-161 11 Bromma Tel: 08/98 16 80 Cable: Beijerbygg Telex: 115 89 Bejbygg S Telefax: 08/98 20 61

Board of Directors: Gosta Bystedt (Chairman), Rainer Alfstrom, Nils-Erik Dani~lsson, Leif Johansson, Roland StAlvant, Elon Wiik, Anders Agren

Management: Arne SOderberg (PreSident), Bengt Ohrn (Executive Vice President)

PRINCIPAL ACTIVITIES: Lumber and building supplies distribution to building contractors and do-it-yourself consumers; operators of home improvement centres

Trade Names: Byggvaruhuset, BBM International Parent Company: AB Electrolux (100%) Subsidiary Companies: BBM Entreprenad AB; Handa

Handelsdata AB Principal Bankers: Skandinaviska Enskilda Banken; PKbanken Financial Information:

Sales turnover


BEIJER, G & L, AB Box 325, 201 23 Malmo Tel: 040/735 60 Cable: Beijer Telex: 32122 beijer s

1984 SKr'OOO

1,482,000

Board of Directors: John Hain, Charles Werner, Mauritz Hain, Gilbert de Laval, Urban Wehtje, Gote Lindgren

Management: Charles Werner (Managing Director)

PRINCIPAL ACTIVITIES: Sale of machinery, eqUipment, industrial supplies and raw materials to the industry, above all to foundries, steelworks and to the engineering industry; electronic equipment, such as programmable control systems (PLC); fuels and lubcricating oils; further consulting services in data processing, administration, forwarding by air, sea, road and rail and environmental protection

Trade Names: Beima Subsidiary Companies: G&L Beijer Electronics AB; G&L Beijer i

Falkenberg AB; G&L Beijer Industri AB; G&L Beijer Information Group AB; G&L Beijer International AB; Beijer Olje AB; G&L Beijer Spedition AB; CIMAB; Consult AB Consab; Epos Consult AB; AB Frostenson & Larsson; Slipmaterial i Malmo AB; Sylvan & Qvibelius AB; G&L Beijer A/S (Denmark); G&L Beijer Oy (Finland); G&L Beijer A/S (Norway); Intranor A/S (Norway); Beijer AG (Switzerland)

Principal Bankers: Skandinaviska Enskilda Financial Information: Consolidated figures

1984 SKr'OOO


817,794 22,697 17,184 40,848

117,200

Principal Shareholders: The Hain and Werner Families No of Employees: 507 Group, 49 Parent Company

1985 SKr'OOO 821,033 54,764 29,652 40,848

140,300

138

BERGMAN & BEVING AB Karlav 76, Box 10024, 10055 Stockholm Tel: 08/24 60 40 Cable: Beving Telex: 13430 beving s Telefax: 08/62 91 21

Board of Directors: C T Save, H Bohlin, T Hedelius, J Schr0der, E Florvall, P Stenberg, T Fardell, S Svensson, L Halme, E Lundberg

Management: P Stenberg (President), T Fardell, A Borjesson, L Hagstrom, R Bohl, J Petterson, S Sedin

PRINCIPAL ACTIVITIES: High technology products for industry:data products, electronics, energy, medical technOlogy, chemistry, biochemistry, dental supplies and precious metal products for dentistry

Subsidiary Companies: Aratron AB; Bergman & Beving Development AB; Beving Elektronik AB; Bexab Elektronik AB; Bexab Systems AB; AB BR-Automatikprodukter; Cerlic Controls AB; Columbia Elektronik AB; Electro Dynamics Inter AB; AB Forssbergs Dental; Instrument AB Lambda; AB Kemila-Preparat; AB Kaltoplast; Lagercrantz Elektronik AB; AB Nordiska Affineriet ANA; AB Nordiska Affineriet Development; Nordiska Dental AB; Scania Dental AB; Teleinstrument AB; A/S Kjell Bakke (Norway); Bergman & Beving Inc (USA); Bergman Instrumentering A/S (Norway); Betech A/S (Denmark); BLT-Agenturer A/S (Denmark); Elmatok A/S (Denmark); Oy Emmett AB (Finland); EV Johanssen Elektronik A/S (Denmark); Instrutek A/S (Denmark); Komdel Oy (Finland); Nordiska Dental GmbH (Germany); Promakon A/S (Norway); Teleinstrument A/S (Norway)

Principal Bankers: Svenska Handelsbanken; Gotabanken Financial Information:


31.3.85 SKr'OOO

1,203,000 120,000 40,000 28,200 10,000

2.70SKr 16.50SKr

36,700 112,000

31.3.86 SKr'OOO

1,406,000 121,000 63,000 40,000 15,000

4.00SKr 16.20SKr

37,300 168,000

Principal Shareholders: P Stenberg; CT Save; Sparbankernas Aktiefond; Forvaltnings AB Delus; SPP


BEROL KEMI AB Box 851, S-444 01 Stenungsund Tel: +46 303 85000 Cable: Berolkemi Telex: 27050 berol s Telefax: +46 303 70281

Board of Directors: Olle Enstam (Chairman), Holger Bohlin, Rolf G Dell Borg, Jan Ekberg, Kaare Larsson, John Rutgersson (repr. of the employees), Sven H Persson, Anders Sundberg, Ulla Brith Eklund (repr. of the employees), Jan-Olof Grahn (Finance), Sten Flodin, Tina Lundin (repr. of the employees), Bertil Ohlden (repr. of the employees)

Management: Ralph Edebo (PreSident) Senior Executives: Jan-Olof Grahn, Leif Jensen

PRINCIPAL ACTIVITIES: Manufacturer of organic chemicals including ethanol amines, ethylene amines, surfactants, cellulose ethers and auxiliaries for industry use

Parent Company: Procordia AB Subsidiary Companies: Berol Scandinavia AB; Berol Danmark

A/S (Denmark); Berol Norge A/S (Norway); Berol Verkstadskemi AB; Berol Chemicals (USA); Berol Chemie BV (Netherlands); Berol-Chemie Deutschland GmhH (Germany);

Berol Chimie SA (France); Berol Kemi (UK) Ltd (UK); Oy Berol Ab (Finland); Nissho Berol Inc (Japan)

Principal Bankers: Svenska Handelsbanken


Sales turnover

Profit before tax

Profit after tax

Retained profit

Earnings per share

Share capital

Shareholders funds


BETONGINDUSTRIKONCERNEN Box 300 36, 104 25 Stockholm

Tel: 08/24 20 60

Telex: 10351 strengs s

Management: Gert Carlsson

1986

SKr'Ooo

994,400

11,700

11,200

10,700

15.0SKr

120,000

37,210

PRINCIPAL ACTIVITIES: Manufacture of concrete including ready mixed concrete and building products

Principal Bankers: Gotabanken


Sales turnover


BillA (AB) Rasundaviigen 6, 171 98 Solna

Tel: 08/734 70 00

Telex: 15157 bilia s

1984

SKr'OOO

746,890

Board of Directors: Lars Bylund (Chairman)

Management: Sengt Hagman (Managing Director)

Senior Executives: Hans Gustafsson

PRINCIPAL ACTIVITIES: Trade in motor vehicles and spares

Parent Company: AB Catena

Principal Bankers: Skandinaviska Enskilda


Sales turnover


BILSPEDITION AB 412 97 Goteborg

Tel: 031/834000

Cable: Bilsped

Telex: 21593 BILSPHK S

31.12.84

SKr'OOO

698,330

Board of Directors: Rolf Cavallius (Chairman)

Management: Martin Lundberg (Managing Director)

Senior Executives: Erik Melin, Edie Sterner

PRINCIPAL ACTIVITIES: Road haulage, freight forwarding and warehouse services

Subsidiary Companies: Autotransit; Wilson & Co; Scansped


139


Sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per share Earnings per share Share capital Shareholders funds "After split 1:4

1984 SKr'OOO

6,805,700 28,200 19,400 57,700 8,000

1.15SKr" 7.00SKr" 175,100 69,600

1985 SKr'OOO

7,619,700 51,000 40,000 84,100 8,000

1.15SKr 11.00SKr

283,400 177,100

Principal Shareholders: Bilspedition Transporforer Forvaltnings AB


BOLIDEN BERGSOE AB Box 132, S-261 22 Landskrona Tel: +46-418161 50 Telex: 72386 bergsoe s Telecopier: +46-418 170 09

Board of Directors: Magnus Schmidt (Chairman) Management: Herbert Fritzsche (Managing Director) Senior Executives: Stig Laurenius (Marketing Director), Jan

Nimmermark (Financial Director), Ingvar Wannehag (Technicial Director)

PRINCIPAL ACTIVITIES: Lead and lead alloys in ingots; gun metal and brass in ingots; tin and tin alloys (solder) in ingots and sticks

Trade Names: BERA Parent Company: Boliden AB (100%) Principal Bankers: Skandinaviska Enskilda Banken Financial Information:

Sales turnover Profit before tax" Retained profit Earnings per share Share capital Shareholders funds "and appropriations


BOLl DEN GROUP (THE) Box 5508, 114 85 Stockholm Tel: 08/783 55 00 Cable: Bolidcomp Telex: 15036 bolids s

1984 SKr'OOO 342,700

23,800 210

112.60SKr 10,000 12,256

Board of Directors: R Andersson (Chairman), H Cavalli BjOrkman, S Borelius, G Douglas, John Dahlfors, L Nilsson, T Older, SOlving, K-E Sahlberg. Deputies: C E Hedlund, K Nilsson (PreSident)

Group Management: K Nilsson (President), L Bergstedt (Group Staff Management and Organisational Development), S Brehmer (Executive Vice President, Business Area International Services) A Erlandsson (Executive Vice President, Business Area Advanced Materials), U Frolander (Executive Vice President, Business Area Chemicals), R Wid mark (Executive Vice President, Business Area Raw Materials), B Ingemarson (Vice President, Group Staff Economy), L Malmqvist (Vice President, Group Staff Strategic Development), 0 Odenbro (Vice President, Group Staff Legal Matters), L Olofsson (Vice President, Group Staff Finance), L Oberg (Vice President, Group Staff Information and Media Relations)

PRINCIPAL ACTIVITIES: Non-ferrous mining; smelting and refining; production of chemicals and advanced materials; international trading, service and transportation; consulting and contracting; sales of technology

SWEDEN Parent Company: Boliden AB Subsidiary/Associated Companies: Ahlsell AB; Boliden Mineral

AB; Boliden Canada Ltd (Canada); Boliden de Espana SA (Spain); Boliden Minerals Inc (USA); Boliden (Saudi Arabia); Boliden Ore & Metals AB; Boliden France SA (France); Boliden Metech Inc (USA); Boliden Bergsoe AB; Boliden Metall AB; Norzink A/S (50%) (Norway); Preussag-BolidenBlei (50%) (West Germany); Boliden Intertrade AB; Boliden Intertrade Oil AB; Simal SLR (Italy); G W Wilkinson & Sons Ltd (UK); Boliden Kemi AB; Alufluor AB (50%); Boliden Chemtrade AG (Switzerland); Boliden Intercargo AB; Boliden Semitronic AB; Boliden Inc (USA); Boliden Danmark A/S (Denmark); Boliden (Hong Kong); Boliden Intermarket de Espana SA (Spain); Boliden Intermarket UK Ltd (UK); Boliden Middle East (Dubai); Boliden Nederland BV (Netherlands); Boliden Norge A/S (Norway); Boliden Portugal LOA (Portugal); Boliden WP-Contech AB; AB Carbogel (50%); Systemex AB (50%). Note: At the beginning of 1986 Boliden made an offer to the shareholders in the wholesaling company Ahlsell (turnover SEK 6.4 billion and 8,600 employees) to acquire the outstanding shares (Boliden previously held 44% of the share capital and 71% of the voting rights). At the beginning of June, the offer had been accepted to the extent that Boliden held more than 90% of both the share capital and the voting rights in Ahlsell. Boliden intends to exercise its right of compulsory redemption of the remaining shares in Ahlsell to make it a wholly owned subsidiary


31.12.84 SKr'OOO

Sales turnover 6,088,000 Profit before tax 382,000 Profit after tax 82,000 Retained profit 87,000 Dividends 78,000 Dividends per share 8.50SKr Earnings per share 23.00SKr Share capital 462,000 Shareholders funds 753,000

31.12.85 SKr'OOO

6,158,000 212,000 182,000 93,000 93.000

10.00SKr 21.ooSKr

462,000 858,000

Principal Shareholders: Trelleborg AB (41% of the share capital and 44% of the voting rights as of May, 1986)


BOLIDEN METALL AB 932 00 Skelleftehamn Tel: 0910/73 000 Cable: bolidsmelt skelleftea Telex: 65074 bolidsk S

Board of Directors: Kjell Nilsson (Chairman) Management: Mats Bergqvist (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of non ferrous metals Trade Names: Boliden Copper, Boliden Gold, Bolden Silver,

Boliden Lead Parent Company: Boliden AB (100%) Subsidiary Companies: AB Arv Andersson; AB Skelleftehamns

Mekaniska Verkstad Principal Bankers: Skandinaviska Enskilda Banken Financial Information:

31.12.84 SKr'OOO


Profit boloro tax 200 Profit after tax Retained profit 7,200 Dividends 4,000 Dividends per share 200SKr Earnings (loss) per share 2,697SKr Share capital 2,000 Shareholders funds 475,300


31.12.85 SKr'ooo

3,183,700 400 100

3,200

(1.288SKr) 2,000

471,400

140

BOLIDEN MINERAL AB S-93600 Boliden

Tel: +46-910 606 00

Telex: 65078 bolidbo s

Te/ecopier: +46-910 607 96

Board of Directors: Kjell Nilsson (Chairman)

Management: Roland Wid mark (President)

Senior Executives: Bengt Lofkvist (Division Manager Smelting), Ebbe Pehrsson (Division Manager Mining), Christer Wallstein (Division Manager Ore and Metals), Lars-Eric Johansson (Finance), Olov Fagremo (Personnel), Goran Paulson (PubliC Relations)

PRINCIPAL ACTIVITIES: Mining and production of mineral concentrates containing primarily copper, lead, zinc, silver and gold; smelting and refining copper, lead, gold and silver. Producing arsenic products, selenium products and inorganic chemicals

Parent Company: Boliden AB

Principal Bankers: S E Banken


Sales turnover


BONNIERFCRETAGEN AB Torsg 21, 113211 Stockholm

Tel: 08/23 66 60

Telex: 19088 bonnier s

1986

SKr'OOO

4,500,000

Board of Directors: A Bonnier jnr (Chairman)

Management: 0 Maberg (Managing Director), J de Verdier (Deputy Managing Director)

PRINCIPAL ACTIVITIES: Group activities include trade in data processing equipment and computer consultancy services; publishing; shipowning

Group Companies: BHI-Foretagen AB; Albert Bonniers Forlag AB; AB Sangtec Medical; AB Stilmonster; Overman AB; Frosta Gruppen AB; Eur-Control Kalle AB; Retab AB; Lion Ferry AB; AB Grafisk Farg; Bonnierdata AB; Sprinter System AB; Bonniers Tidskriftsforlag AB; Inventing AB

Financial InformatIon:

Sales turnover


1984

SKr'OOO

3,701,710

BONNIERS TIDSKRIFTSFORLAG AB Torsgatan 21, 10544 Stockholm

Tel: 08/736 4000

Cable: Forlaget

Telex: 10043; 12874; 17473; 10027

Board of Directors: Lukas Bonnier (Chairman)

Management: Kaj Lagerstrom (Managing Director)

PRINCIPAL ACTIVITIES: Printing and publishing of magazines

and books

Parent Company: AB Bonnierforetagen, Stockholm

Subsidiary Companies: A/S Forlaget Bersen (Denmark); Fogtdals Blade A/S (Denmark); SEMIC Forlangene A/S (Denmark); Kustannus Oy SEMIC Forlags AB (Finland); SEMIC/Nordisk Forlag A/S (Norway); Le Journal de la Maison SA (France); Mon Jardin et Ma Maison SA (France)



Sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per share Earnings per share Share capital 'Dividend due 1985

subtracted from retained earnings

31.12.84 SKr'OOO

1,633,405 56,120 32,903

110,692

l,175SKr 28,000

Principal Shareholders: AB Bonnierforetagen (100%) No of Employees: 2,080

BOSCH,ROBERT,AB Box 1154, 163 12 Spanga Tel: 08/750 15 00 Cable: Swedbosch Telex: 19170 bosch s

Chairman: Dr Hans Stahle Directors: a Ohlsson (Managing Director), Leif G Feldt

(Financial Director)

31.12.85 SKr'OOO

2,061,708 192,381 150,415

181,187' 100,000

3.571SKr 5.372SKr

28,000

PRINCIPAL ACTIVITIES: Trade in wholesale electrical equipment including household goods such as refrigerators, freezers and washing machines, electrical hand tools and Blaupunkt "In Car Entertainment"fTV-video

Parent Company: Robert Bosch GmbH, Stuttgart, West Germany

Subsidiary Companies: AB Robo, Linkoping Principal Bankers: Skandinaviska Enskilda Financial Information:

1984 1985 SKr'OOO SKr'OOO

Sales turnover 692,000 772,100 Profit before tax 15,000 32,300 Profit after tax 6,400 13,900 Dividends 3,000 7,000 Dividends per share 10SKr 23.33SKr Share capital 30,000 30,000

Principal Shareholders: Robert Bosch GmbH, Stuttgart, Germany; Robert-Bosch Internationale Beteiligungen AG, Zurich, Switzerland


BPA BYGGPRODUKTION AB Master Samuelsgatan 21, Box 7835, S-10398 Stockholm Tel: 08 787 20 00 Telex: 11887 bpahk s

Board of Directors: B Whinberg (Chairman), G Lovgren (President), B Danielsson, R Trodin, L Lewin, S Maim, S Marjasin, S Jamtsved, A Wanman,

Management: Goran Lovgren (President), Roland Killenfors (Group Treasury), Bjorn Sjoberg (Group Control), Stieg Gunnerfeldt (Group Public Affairs), Anders Glans (Group Legal Affairs)

PRINCIPAL ACTIVITIES: SubSidiaries within building and construction; heating, water and sanitation; electrical installation; painting, sheet metal, glass, forging etc

Subsidiary Companies: Contracting companies:- BPA Bygg Norra AB; BPA Bygg Mellersta AB; BPA WS AB; BPA EL AB: BPA MALER I AB; BPA Plat AB; BPA Smide AB; BPA Glas AB: BPA Golv AB. Materials Companies:- BPA Maskin AB; BPA Terrex AB; BEPA Produkter AB. Technical Companies:- BPA Energi AB. Real Property: Fastighets AB Ateneum

Principal Bankers: PK-banken

141


Sales turnover Profit before tax Profit after tax Share capital Shareholders equity '1986

31.12.84 SKr'OOO

5,715,200 19,500

100 91,500 95,700

31.12.85 SKr'OOO

6,632,500 11,300

400 181,500'

96,100

Principal Shareholders: Swedish Building Worker's Union (25.9%); Employees (24.4%)


BRODE RNA EDSTRAND AB SeeEDSTRAND,BRCDERNA,AB

BT INDUSTRIES AB Box 331, Svarvargatan 8, 595 00 Mjolby Tel: 0142/86000 Cable: BT Industries, Mjolby Telex: 5579 betemy s

Board of Directors: Peter Sahlin (Chairman), Olof Andersson, Waldemar Bengtsson, ave Hillberg, Stig Maim, Ake Zetterstrom, Karl-Eric Andersson (Managing Director)

Management: Karl-Eric Andersson (Managing Director) Senior Executives: Ditlef Furst, Sivert Westlund, Ulf Brodin

PRINCIPAL ACTIVITIES: Manufacture and marketing of materials handling equipment and terminal equipment

Trade Names: BT, Bolinas Parent Company: KF Industri AB Subsidiary Companies: BT Benelux Interntransport NV

(Belgium); BT Lift Canada Ltd (Canada); BT Intern-Transport A/S (Denmark); BT Manutention Sari (France); Rolatruc Ltd (UK); A/S Trasportteknikk (Norway); BT Lift Inc (USA); BT Transportgerate GmbH (Germany); BT Aimsa AG (Switzerland); BT Espana (Spain)

PrinCipal Bankers: PK-banken Financial Information:

Sales turnover Profit before allocations Profit before tax Profit after tax Retained profit Share capital Shareholders funds

Principal Shareholders: KFI (100%) No of Employees: 3,700

CALOR-CELSIUS AB Bryggvagen 16-18, 117 84 Stockholm Tel: 08/175 31 00 Cable: Calcel, Sth Telex: 19515 cc sthlm s Telefax: 08/744 41 43

31.12.84 SKr'OOO

1,428,000 67,000 15,000 12,000 50,000 75,000 4,000

Management: Christer Wannheden (PreSident)

PRINCIPAL ACTIVITIES: Mechanical engineering and

31.12.85 SKr'OOO

1,709,755 92,638 15,421 13,331 64,000

105,000 4,459

contracting, speCialising in equipment and piping installations in energy and high technology process plants as well as HVAC installations in hospitals. hotels etc

Parent Company: Swedyards Corporation Subsidiary Companies: Lindens Rorlednings AB; SIBIS AB;

Vanadis Entreprenad AB; The Centralsug Group; Fastighets AB Elektra; Calor-Celsius A/S (Denmark); Kalmeri Group (Finland); Calor-Celsius Norge A/S (Norway); Fr.Burmeister NachF. GmbH (Germany); Calor-Celsius Inc (USA)

Principal Bankers: Svenska Handelsbanken; PK banken




CARDa (AB) Box 17050, S-200 10 Malmo Tel: 040-249200 Telex: 32416 socker s Te/efax: +46 40 97 9059

31.12.84 SKr'Ooo

1,724,000 40,000 34,000 57,000 68SKr 50,000

160,000

31.12.85 SKr'OOO

2,079,000 38,000 27,000 75,000 54SKr 50,000

187,000

Board of Directors: E Herslow (Chairman), J-E Hansson (Employee Representative), H Larsson (Employee Representative), N Linander, P Lindblad (Managing Director), S Lindh, S von Porat, S Boreulius, P G Gyllenhammar, K Wachtmeister

Management: P Lindblad (Managing Director, Group President), Goran Christensson (Head of Finance Department), Jan-Erik Hensfelt (Chief Company Lawyer), Lars Bengtsson (Administration)

PRINCIPAL ACTIVITIES: Cardo is an agriculturally orientated investment company. The Cardo Group's fields of activities include sugar production, breeding and marketing of sugarbeet seed, seed for grain and kitchen-garden plants, forest seed processing, plant breeding and seedling production. The Group is also engaged in process technology, microbiology, carbohydrate chemistry, biotechnology, genetic engineering etc.

Subsidiary Companies: Sockerbolaget (The Swedish Sugar Co.); Hillesh6g AB; Wei bull International AB; Sabyholms Jordbruks AB; AB Tanto; Forvaltnings AB Norra Kungstornet; Cardoservice AB; AC Biotechnics AB

Principal Bankers: Skandinaviska Enskilda Banken Financial Information: Group Figures

Sales turnover Profit before tax· Profit after tax· Dividends Dividends per share Share capital ·and allocations

31.12.84 SKr'OOO

3,083,655 501,150 181,203 87,696

6.30SKr 696,000

31.12.85 SKr'ooO

3,209,550 676,500 401,875

97,440 7.00SKr 696,000

Principal Shareholders: Volvo Group (21.5%); AB Custos (5.4%); Skanska AB (3.6%); Trygg-Hansa Group (2.4%); Skandia Group (2.3%); SPP (1.9%); Svenska Handelsbankens Pensionsstiftelse (1.5%); Skandinaviska Bankens Pensionsstiftelse (1.5%); Skandinaviska Bankens Pensionsstiftelse (1%); Invesment AB bresund (1%)


CASCO (A B) Box 11010, S-100 61 Stockholm Tel: 08/7434000 Cable: Cascobolag Stockholm Telex: 10154 Casco s Telefax: 08/436370

Board of Directors: Anders G Carlberg (Chairman) Management: Ove Mattsson (Managing Director) Senior Executives: Jan Andersson, Olav Berge, Curt Holmlov,

Jan-Erik Norborg, Lars-Erik Thomsgard

PRINCIPAL ACTIVITIES: Manufacture of resins for the plywood, board, particle board, and mineral wool industries; impregnated paper; paper chemicals, formaldehyde,

142

adhesives for woodworking industries; Do-It-Yourself and consumer adhesives, sealers, paints

Trade Names: Casco, Cascorit, Synteko, Swedorit, Cuprinol Parent Company: Nobel Industries Sweden AB Subsidiary Companies: Nordsjo AB; Casco-Nordsjo A/S; A/S

Kemi-Casco; Oy Casco AB; C8gecol SA; Casco GmbH; Casco Nobel SA; Casco (S.E.A.) Pte Ltd; Casco BV


Sales turnover· Share capital ·including Nordsjo AB

No of Employees: 2,125 (including Nordsjo AB)

CATENA (AB) 405 04 Goteborg Tel: 031-17 30 20 Telex: 28239 CATENA S Telefax: 031-11-6891

1984 SKr'OOO

2,005,000 16,000

Board of Directors: Alf Akermann (Chairman). Claes Beyer, Olle Blomqvist, Lars Bylund. Gunnar Carleson, Gunnar Dahlsten, Ulf G Linden, Carl-Gosta Attling, Josef Schilcher

Management: Lars Bylund (Managing Director). Olle Thelander (Deputy Managing Director), Anders Leijon (Automobile Retailing). Hans Olbing (Group ContrOlling). Goran Wennergren (Finance)

PRINCIPAL ACTIVITIES: The Catena Group comprises the following four business areas: Automobile retailing: the companies involved primarily sell Volvo passenger cars, trucks and buses and conduct substantial repair shop operations and spare parts sales. Trading and Industry: conducts international trading in forestry products. sales of engines for marine and industrial applications, agency operations and manufacture of components for the automotive industry. Finance: offers a broad range of services, including leasing. installment financing. stock brokerage, capital management, real estate financing and financing of international trade. Real Estate: manages real estate for automobile dealerships, industrial and reSidential real estate etc. Operations also include management of a share portfoliO

Trade Names: AB Catena Main Subsidiary Companies: AB Bilia; AB Bil & Truck; Ernst

Nilson AB; AB Verdexa; Lastbilsbolaget i Stockholm AB; Lastbilsbolaget i Goteborg AB; Isberg's A/S; Ekman & Co AB; Gustaf Fagerberg AB; Jacobson & Ponsbach Fondkommission AB; AB Probo; Fastighets AB Bohus


Sales turnover 4,728,000 5,589,000




Dividend 22,500

Dividend per share 1.50SKr 2.00SKr

Earnings per share 11SKr 13SKr

Share capital 300,000 300.000

Principal Shareholders: AS Volvo; Skanska AB; Skandinaviska Bankens Pensionsstiftelse; Almedal-Dalsjofors AS


CEMENTA AB Box 144, S-182 12 Danderyd Tel: 08/753 01 60 Telex: 136 05 Cementa S

Board of Directors: S Sorelius (Chairman) Management: U Linderoth (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of cement and lime and mineral products and products for the building industry

Parent Company: Industria AB Euroc (95%) Subsidiary Companies: AB Movat; Eresal AB (90%); Terra Bona

Kalk AB; Cementa International AB; Continental Cement (USA); Continental Cement Co of Florida (USA); Contrade Inc (Bahamas); Continental Cement Co (51%) (USA)


Sales turnover Earnings' 'after depreciation and

interest


CITGO AS PO Box 8753, S-402 76 Goteborg Tel: 4631/502000 (International) Telex: 27440 Cityard-s Telefax: 4631-51 6923

1984 SKr'OOO

1,729,818 196,000

1985 SKr'OOO

1,818,000 197,000

Board of Directors: Olof Lund (Chairman), Erkki Persson (Managing Director), Kaj Janerus, Karl-Henrlk Pettersson, Kent Sjoo, Rune Svensson, Roger Blomqvist, Hans Nilsson, Gert Karlgren, Stig Karlsson

Management: Erkki Persson (Managing Director), Bo Andreasson (Treasurer), Stig A Jonsson (Personnel), Bengt Fink (Cityvarvet AB), Charles Lundin (Ciserv AB), Rune Lundberg (City Mekan AB), Leif Erikson (City Contech AB)

PRINCIPAL ACTIVITIES: Ship repairs at yards (Cityvarvet AB), conversions (City Contech AB), port and seagoing ship services and maintenance (Ciserv AB), land-based industry service and maintenance (City Mekan AB)

Parent Company: Swedyards Subsidiary Companies: City Mekan AB; Ror-Marin AB; City

Mekan Helsingborg AB; Cityvarvet AB; Ciclean AB; City Contech AB; Citcon Engineering AB; Ciserv AB; Swedspares AB; Ciserv Singapore Pte Ltd; Ciserv Nofolk Inc; Ciserv UK Ltd; Metoreg AB; Gothia Utbildning AB; Lips Nordic AB (50%); Cimator AB (50%); EI-Marin AB (50%); Saltech AB (25%); Citrans KB (50%); Ciserv Rotterdam BV (50%); Cirig KB (50%); Cimar Systems AB (50%)


Group sales turnover (Loss) before tax Share capital Shareholders equity

31.12.84 SKr'OOO 528,000

(145,000) 1,000

800

Principal Shareholders: The Swedish Government No of Employees: 1,600 Group

CLOETT A (AS) 590 60 Ljungsbro Tel: 013/65500 Cable: Cloetta Telex: 50045 cloetta s

Board of Directors: Carl T Save (Chairman)

31.12.85 SKr'OOO 606,000 (51,000)

1,000 800

Management: Lennart Granlund (Managing Director) Senior Executives: Kurt Oberg (Finance), Bo Abrahamsson

(Purchase), Sven-Eric Stevrin (Marketing), Arne Samuelsson (Personnel), Leif Jonasson (Production)

PRINCIPAL ACTIVITIES: Manufacture and sale of confectionery products; importers and brokers of foods

Trade Names: Cloetta, Peps, Tulo, Center, Roulette, Tarragona Parent Company: AB Concilio Subsidiary/Associated Companies: Reppe Glykos AB; AB

Catermen; Br Cloetta A/S (Denmark); Cloetta A/S (Norway)

143

SWEDEN Principal Bankers: Handelsbanken Financial Information:

Sales turnover

1984 SKr"OOO 654,000


CONSAFEKONCERNEN AS Box 4085, S-400400 Goteborg Tel: 031/420200 Telex: 21085 consafe s

Management: Lars G Larsson

PRINCIPAL ACTIVITIES: Shipping services Financial Information:

Group sales turnover


CRAWFORD DOOR AS Box 171, 201 21 Malmo Tel: 040/76370 Telex: 32413 wson s

1984 SKr'OOO

1,053,000

Board of Directors: Lennart Nilsson (Chairman) Management: Melker Schorling (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of industrial overhead doors and dock loading systems

Parent Company: Investment AB Cardo Subsidiary Companies: Crawford Door AB has 6 production

companies and 13 sales companies in Europe, Middle East and the USA

Principal Bankers: Gotabanken; Skandinaviska Enskilda Financial Information:


31.12.84 SKr'OOO 690,000

31.12.85 SKr"OOO 812,000


CUSTOS (AS) Norrmalmstorg 14, 111 46 Stockholm Tel: 08/24 47 35 Telex: 10412 vestos stockholm

Board of Directors: B Haak (Chairman)

18,000 10,000 25,000

18,000 11,200 25,000

Management: SAndo (Managing Director), 0 Lexell (Deputy Managing Director)

PRINCIPAL ACTIVITIES: Industrial holding company and investment trust with interests in a wide range of Swedish companies including real estate, wood and pulp, automobile and engineering companies

Subsidiary/Associated Companies: Finans AB Vestos; Fastighetsaktiebolaget Hufvudstaden; AB Vardefinans; International Invest AB; AB Arcas Finans




31.12.84 SKr'OOO 661,000 406,000 365,000 570,000 113,000 8.75SKr

23.00SKr 648,000

1,451,000

SWEDEN

DAFGARD,GUNNAR,AB 00 533 03 Kiillby Tel: 0510/411 70 Cable: Dafgards Telex: 67059 dafgard s

Management: Gunnar Dafgard (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture and export of cold and deep frozen foods including meat and meat products including sausages



Sales turnover 659,000 674,000 Profit before tax Profit after tax Share capital

Principal Shareholders: Gunnar Dafgard No of Employees: 595

6,717 3,009

16,000

DAGAB, DISTRIBUTIONS, AB Anderstorpsviigen 22, 171 78 Solna Tel: 08/27 29 80 Cable: Dagabil Telex: 17410 unilab

Board of Directors: John Prising (Chairman) Management: Lars Malmberg (Managing Director) Senior Executives: Rune Fredemo, Goran Orre, Thomas

4,681 2,956

16,000

Persson, Per Scheutz, Jorgen Skold, Ulf Treutiger, Magnus Wahlbiick

PRINCIPAL ACTIVITIES: Wholesale distribution of groceries and food products

Parent Company: The Saba Group AB (100%) Principal Bankers: PK-Banken; Svenska Handelsbanken Financial Information:



DICKSON FORVALTNINGS AB Marieholmsg 64, Box 36501, 400 13 Goteborg Tel: 031/8041 80 Telex: 2280 dixon s

Senior Executives: P-H Berthelius

1985 SKr'OOO

10,000,000 135,000 70,000

PRINCIPAL ACTIVITIES: Trade in iron and steel products and cables


Sales turnover


DIOS AB Box 116, 751 04 Uppsala Tel: 018/184000 Telex: 76080 Dioes S

Board of Directors: B Lindstrom (Chairman) Management: N Nilsson (Managing Director)

1984 SKr'OOO

1,233,520

PRINCIPAL ACTIVITIES: General building contractors

144


SKr'OOO SKr'OOO Sales turnover 2,723,100 2,679,700 Profit before tax Profit after tax Retained profit Dividends Dividends per share Share capital Shareholders funds

Principal Shareholders: The Dios Family No of Employees: 4,120

DISTRIBUTIONS DAGAB AB See DAGAB, DISTRIBUTIONS, AB

DOMANVERKET S-791811 Falun Tel: 023/84000 Telex: 74130 forest s

Management: Bo S Hedstrom

4.800 16,500 300 3,500

1,200 700 1,500

60SKr 25,000 25,000

7,200 8,000

PRINCIPAL ACTIVITIES: Supply of wood and timber products Financial Information:

Sales turnover


DRACO (AB) Box 1707, S-22101 Lund Tel: 046/117190 Telex: 32763 draco s

Management: Carl-Gustaf Johansson

1984 SKr'OOO 850,000

PRINCIPAL ACTIVITIES: Manufacture of a wide range of pharmaceutical products

Parent Company: Astra Pharmaceuticals AB Principal Bankers: Skandinaviska Enskilda Financial Information:

Sales turnover


DU PONT SCANDINAVIA AB Torshamnsgatan 35, S-16386 Stockholm Tel: 08-750 3700 Telex: 12410 duponor s

1984 SKr'OOO

1,200,000

Board of Directors: Sten Gustafsson (Chairman) Directors: Kjell Pettersen (Managing Director)

PRINCIPAL ACTIVITIES: Marketing Du Pont chemical products and their derivatives, textile fibres, elastomers, plastic resins and films, photographic products for graphic arts and X-ray applications. agrichemicals, industrial chemicals, electronic materials, analytical instruments, refrigerants and propellants. Marketing ARA-JET, gasoline, gasoll. diesel and fuel 011

Parent Company: E I du Pont de Nemours & Co (Inc). Wilmington, Delaware, USA


Sales turnover


DUNI BILA-GRUPPEN Box 523, 301 03 Halmstad Tel: 035/10 00 00 Cable: Duniblla Telex: 38110 DUNIHAD S; 38063 DUNIDAD S

1984 SKr'OOO

3,700,000

Management: Arne Lundin (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture and export of tissue paper; disposable napkins, tablecloths, handkerchiefs, medical products, plates, cups and cutlery; packaging

Trade Names: Duni, Sprinter, Bon Bag, Sanicast, Dunicel, Urax, Bila, Bon Swab, Dunilin

Parent Company: AB Grafoprint Principal Bankers: PK Banken Financial Information:


Retained profit Dividends Dividends per share Earnings per share Share capital Shareholders funds

Principal Shareholders: Grafoprint No of Employees: 2,114

OYNAPAC AB PO Box 1103, S-171 22 Solna Tel: 08-733 70 00 Cable: Dynapac Stockholm Telex: 19531 Dynsol S

31.12.84 SKr'OOO

1,116,000 46,300 26,100

151,200

386.0SKr 60,000

106,500

Management: Rolf Bergstrom (President)

31.12.85 SKr'OOO

1,257,700 50,600 25,300

188,300 10,000

417.0SKr 422.0SKr

60,000 135,300

PRINCIPAL ACTIVITIES: Manufacturer of construction equipment such as road rollers and other compactors, asphalt pavers and other road maintenance equipment, concrete vibrators, drainage machines, cable layers

Trade Names: Dynapac, Hoes Parent Company: Industri AB Euroc, Sweden (100"10) Subsidiary Companies: Dynapac GmbH (Germany); Oynapac SA

(France); Dynapac (UK) Ltd (UK); Dynapac SpA (Italy); Dynapac Pty Ltd (Australia); Dynapac Heavy Equipment AB; Dynapac Svenska Foraljnings AB; Dynapac A/S (Norway); Dynapac-Hoes GmbH (Germany); Dynapac Mfg Inc (USA); Dynapac Ltd (Canada); Dynapac Equipamentos Industrlas Ltda (Brazil); Dynapac KK (Japan); Dynapac Light Equipment AB; Dynapac Light Equipment Inc (USA); Vibratechniques STV Distribution (France); Vibratechniques STV Production (France)



Sales turnover(l) Profit(2)

1,619,000 1,609,000 23,000 9,000

Share capital (l)including subsidiaries (2)after depreciation and

127,000 127,000

interest

No of Employees: 2,889 (incl. subsidiaries)

EOET AB Box 901, 463 01 Lilla Edet Tel: 0520/506 00 Cable: Edet Telex: 42091 edet s

Management: C G S Skold (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of disposable paper products including toilet tissue, kitchen rolls and napkins

Principal Bankers: Gotabanken; Lanssparbanken

145


Sales turnover


EOSTRANO,BROOERNA,AB Box 225, 201 22 Malmo Tel: 040/38 40 00 Cable: Edstrandsbolag Telex: 32103; 33125 beab s

Board of Directors: Axel Roos (Chairman) Management: Per Edstrand (Managing Director)

1984 SKr'OOO 773,940

Senior Executives: Carl-Axel Andren, Carl H Ljungberg, Ake Moller

PRINCIPAL ACTIVITIES: Stockholding, distribution and wholesale steel, metal, tubing, wire, aluminium and stainless steel products

Subsidiary Companies: In Stockholm, Goteborg, Norrkoping, Sundsvall and Jonkoping

Principal Bankers: Skanska Banken; Gotabanken; Nordbanken Financial Information:

Sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per share

Earnings per share" Share capital Shareholders funds °after bonus issue 1:5


EKA NOBEL AB S-445 01 Surte Tel: 0303/98000 Cable: EKAKEMI Gothenburg Telex: 2435 ekadbg s

31.12.84 31.12.85 SKr'OOO SKr'OOO

1,681,799 1,668,837 65,390 57,201 19,572 24,402 37,434 30,006

9,000 11,250 15SKr 15SKr 43SKr 38SKr 60,000 75,000 18,176 21,176

Board of Directors: Anders G Carlberg (Chairman) Management: John-Gabriel Montgomery (Managing Director) Senior Executives: Sigurd Walldal (Finance/Business

Development), Nils-Gosta Vannerberg (Research and Development), Dag Stromqvist .

PRINCIPAL ACTIVITIES: Manufacture of chemical products Trade Names: EKA Parent Company: Nobel Industries, Sweden Subsidiary Companies: Eka Chemie BV (Netherlands); Eka

Chemieprodukte GmbH (Germany); Eka Alby Kemi AB (Sweden); Eka Chemicals Inc (USA); Eka Chemicals Oy (Finland); Eka Chimie SARL (France); Eka Quimica Ltda (Brazil); Kema Nord Inc (USA); Que Nord Inc (Canada)


31.12.84 SKr'OOO

Sales turnover 697,378 Profit before tax 20,996 Profit after tax 5,605 Retained profit 2,745 Share capital 80,000 Shareholders funds 104,475


31.12.85 SKr'OOO 799,026

4,096 874

8,350 80,000

105,349

SWEDEN

ELDON AB Box 201, 571 00 Nassjo Tel: 0380/761 00 Cable: Eldon Teletex: 8355001 Telefax: 0380-15800

Board of Directors: Gunnar Randholm (Chairman) Management: Per Olin

PRINCIPAL ACTIVITIES: Manufacture and installation of electric capital equipment

Trade Names: ELDON Subsidiary Companies: Fogelsta Industri AB; Gote-Mobler AB;

T-Emballage Thureson AB; Industri AB Thule; AB Kronqvist & Larsson; Ossi Carlson AB; Gotarps Industri AB; Trane Industri AB; Gisebo Vagnindustri AB; Eldon Rental System AB; Eldon GmbH (Germany); Eldon France SARL (France); Eldon SA (Belgium); Eldon NV (Netherlands); Eldon AIS (Norway); Eldon Oy (Finland); Eldon Electric Ltd (UK); Eldon Group America Inc (USA); Eldon (Malaysia) SON BHD (Malaysia)

Principal Bankers: Sparbankernas Bank Financial Information:

Sales turnover Profit before tax· Profit after tax Retained profit Dividends Dividends per share Earnings per share Share capital Shareholders funds ·and provisions

1984 SKr'OOO 687,548 53,007 9,672

26,114 4,599

4.25SKr 24.55SKr

27,050 71,575

Principal Shareholders: Fam. G Randholm; Fam. A Skeppner; AB Thisbe


ELECTROLUX, AB, Luxbacken 1, S-105 45 Stockholm Tel: 08/738 6000 Cable: electrolux stockholm Telex: 11600 elhead s

Board of Directors: Hans Werthen (Chairman of the Board), G6sta Bystedt (Executive Deputy Chairman), Peter Wallenberg (Deputy Chairman), Sten Wikander, Nils Holgerson, Rolf Karlsson (Employee Representative), Hans Soderqvist (Employee Representative), Sven Olving, Jacob Palmstierna, Claes Dahlback, Per-Olof Edman (Deputy Member-Employee Representative), Torsten Sail (Deputy Member-Employee Representative), Birgit Malmenstam-Skytt, Anders Scharp (Managing Director-President and Chief Executive Officer)

Group Management: Hans Werthen, Gosta Bystedt, Anders Scharp, Bertil Ljungquist (Executive Vice President), Lennart Ribohn (Executive Vice PreSident)

Corporate Staffs: Matts Ekman (Group Treasurer), Lars Eriksson (Internal Audit), Folke Heibert (Special Projects), Halvar Johansson (Technical R&D), Halvar Jonzon (Purchasing), Simon Liliedahl (International Sales), Leif Lindgren (Risk Management), Ulf Magnusson (Legal Affairs), Sven Sundling (PubliC Affairs)

PRINCIPAL ACTIVITIES: The Group's activities can be divided into five product lines: Household appliances including vacuum cleaners, refrigerators, cookers, microwave ovens, kitchen fans, washing machines, dryer cabinets, wringers, dishwashers, kitchen machines, electric heaters and TV sets; Foresty and garden products including chainsaws and lawn mowers; Industrial products including products for the catering and food services, laundries, agricultural implements and industrial robots; Commercial services including commercial cleaning and laundry services; Granges products

146

including aluminium and aluminium semis and finished products, copper and alloy semis, castings and automotive products, plastic pipes, steel products and foundry equipment etc

Trade Names: Electrolux, Eureka, Volta, Husqvarna, Scan-Atlas, Arthur-Martin, Tappan, Jonsered, Partner, ASAB

Subsidiary Companies: (100% owned unless stated): Subsidiary companies in Sweden: Granges AB; Granges Metallverken AB; Wirsbo Bruks AB; ASAB Serviceforetaget AB; Electrolux Motor AB; Husqvarna AB; Beijer Byggmaterial AB; Euroclean AB; Electrolux Storkok AB; AB Tvattman; Elefac Finans AB; Electrolux Constructor AB; Electrolux-Wascator AB; Electrolux Leasing AB; Electrolux Forvaltnings AB; AB Overums Bruk; Electrolux Cleaning Equipment AB; Electrolux Forsakrings AB; Ballingslov AB; I.A.Z. International Sweden AB; Jonsereds AB; Husqvarna Motorcyklar AB; Jonsereds Godsskydd AB; Vaxjo Rostfritt AB; Electrolux Svenska Forsaljnings AB; BrOderna Brodd AB; AB Elektroservice; AB Elektro Helios; Electrolux Mecatronik AB; B Johanssons Pappersforadling AB; AB Partner; Fastighets AB Adam; ZigZag Fabriks AB; Lipori AB; A B Hoors Plat; Aktiv Fischer AB; Getinge Mekaniska Verkstads AB; Fastighets AB MorgongAvo; Electrolux International Sales AB; Bjornklader AB; Pysslingen Forskolor AB; Husqvarna Licensing AB; Husqvarna Sundsvalls Depot AB; Svenska Hemmaskiner AB; Electrolux Fond AB; TUVAB Miljo & Konsult AB; ASAB Saneringsteknik AB; AB Volta; AB ETH; Jonsered Motor AB; Electrolux Industrial Systems AB; Nordwaggon AB (50%); Sturebadstvatten AB; Orebro Fonsterputsnings AB; Bruksartiklar i Sundsvall AB; Lasse Larsson HushAlisservice AB: M J-Maskiner AB; International Waste Services AB (50%); Svensk Inkassoservice AB; Tammermatic Svenska AB; Finnagro AB (51%); Apladalens Stadservice AB; Nordfor Training & Consulting AB; Swenova K6k AB; Electrolux Gjuteriproukter AB (EGAB); Os by Tvattutrustningar AB; Mawajo Hushalls AB; Gjutal AB; TG Development AB. Subsidary companies abroad: Europe: Austria: Electrolux GmbH. Belgium: Electrolux-Martin SA Denmark: Electrolux Danmark AfS; AIS Vestfrost (50%); Handels- og Fabrikationsselskabet DKL A/S. Finland: Oy Electrolux Ab; Oy Liesimyynti-Spisforsaljnings Ab (50.2%). France: SA Electrolux; Usines et Fonderies Arthur Martin SA (97.9%); ELWA SA; Levin France SA (99.8%); Electrolux CR SA (97.4%). UK: Electrolux Ltd; Electrolux Associated Companies Ltd. Netherlands: Electrolux Holding B.V. Italy: Flymo S.p.A. Luxembourg: Electrolux Finance Holding SA; Electrolux Sa.r.!. (98 .. 9%); Electrolux Reinsurance (Luxembourg) SA (99.9%). Norway: Electrolux Norge A/S; Electrolux Rengj0ringsmaskiner A.S; Nordisk Metal A/S. Portugal: Electrolux Ltda (90.1%); Spain: Electrolux SA; Electrolux Can arias SA (87.5%). Switzerland: Simag AG; Electrolux AG. West Germany: Electrolux Beteiligungs GmbH; Electrolux Finanz- und Service GmbH; Flymo GmbH. North America: Canada: Euroclean Holdings Ltd. USA: Dometic Inc. Latin America: Argentina: S.A. Electrolux. Brazil: Electrolux S.A.; Electrolux Comercio e ServiCfos Ltda (94.8%); Electrolux Motores Ltda (26.2%); Electrolux Comercial e Servh;:os Maritimos Ltda (29.1%). Colombia: Equilux SA (93.3%); Electrolux SA (91 %). Dominican Republic: Electrolux Lagares C.por A. (51%). Equador: Ecualux S.A (49%); Electrolux C.A. (49%). Mexico: Electrolux SA de C.V.; Industrias Electrolux SA (0.3%); Distribuidora Electrolux SA (98.4%). Uruguay: Electrolux S.A. Venezuela: C.A. Electrolux. Other regions: Australia: Nordtec Pty Ltd. Hong Kong: Electrolux Services (HK) Ltd; Electrolux (Far East) Ltd. Iran: Electrolux Iran Services Co Ltd (50.9%). Japan: Electrolux Japan Ltd; Nesco Ltd (50%); Nippon Electrolux F.S.E. Co Ltd (50%). Jordan: Electrolux Jordan Trading Co Ltd (49%). Kuwait: Kuwait Swedish Cleaning Services Co S.A.K. (47%). Lebanon: Electrolux Middle East S.a.r.!. (41.9%). Malaysia: Electrolux Malaysia Sdn Bhd (90%). New Zealand: Electrolux Ltd. Saudi Arabia: Electrolux Saudi Services Ltd (50%). Thailand: Electrolux Thailand Co Ltd (48%); Electrolux-Ampac Services Co Ltd (23%).

Principal Bankers: SE-Banken Financial Information:

Sales turnover Profit before tax Profit after tax Retained profit(2) Dividends Dividends per share Earnings per share(4) Share capital Shareholders funds (1 )restated according to

change in accounting principles

(2)before dividend (3)adjusted for stock split (4)fully diluted

31.12.84(1) SKr'OOO

34,547,000 2,063,000 1,160,000 2,770,000

356,000 6.50SKr(3)

25.90SKr(3) 1,365,000 5,180,000

31.12.85 SKr'OOO

39,688,000 2,159,000 1,395,000 3,497,000

454,000 7.50SKr

30.50SKr 1,464,000 6,337,000

No of Employees: Sweden 31,723, Total Worldwide 93,624

ELECTROLUX AUTOLIV AB S-10545 Stockholm Tel: 46-8-7388000 Cable: Elauto Telex: 17756 Elauto s

Management: Gunnar Bark (President), Wilhelm Kull (Vice President, Finance)

PRINCIPAL ACTIVITIES: Manufacture of seat belts and safety systems for cars

Trade Names: Autoliv, Klippan Parent Company: Electrolux AB Subsidiary Companies: Autoliv AB; Autoliv Stil AB; Autoliv

Kungiilv AB; Klippan Automotive AB; Autoliv GmbH; Autoliv Klippan SA; Autoliv & Cie; Autoliv Development AB; Klippan Italia SpA; Klippan Espana SA; Oy Autoliv Klippan AB




Principal Shareholders: Electrolux AB No of Employees: 2,100

ELEKTROKOPPAR AB Box 914, 251 09 Helsingborg Tel: 042/13 90 40 Cable: Cuprum Telex: 72337 CUPRUM S Te/efax: 042/136521

31.12.84 SKr'Ooo 486,000

2,000 2,000

40,000

31.12.85 SKr'OOO

1,106,600 10,200 6,700

40,000

Board of Directors: Hans Cavalli-Bjorkman (Chairman) Management: Didrik Normark (Managing Director) Senior Executives: L Jerregard, A Dellson, E Rangbo, U

Cederquist, W Bronnvall, A Brorsson

PRINCIPAL ACTIVITIES: Manufacture of aluminium products including rod, drawn wire, bare and insulated strips, steel cored or all aluminium stranded conductor, alloyed conductor; manufacture of copper products including rod, drawn wire, bare and insulated strips and stranded copper conductors

Trade Names: Elcorod, Ductalex, Electral Parent Company: ASEA AB Principal Bankers: Skandinaviska Enskilda Banken

147


Sales turnover

Principal Shareholders: ASEA AB No of Employees: 225

ELLOS AB 501 86 Boras Tel: +46 33 16 00 00 Cable: ellos Telex: 36173 ellos s

31.12.84 SKr'OOO

2,232,429

Board of Directors: Jon Mannheimer (Chairman) Management: Olle Blomqvist

PRINCIPAL ACTIVITIES: Mail order trading

31.12.85 SKr'OOO

2.163,177

Subsidiary Companies: Ellos A/S (Norway); Boras Textil AB; Skivor & Band i Boras AB; Ellos Postordrer ApS (Denmark); Oy Postiellos AB (Finland); Ellos Expo AB


Sales turnover(l) Profit before tax(2) Profit after tax Retained profit Dividends Dividends per share Earnings per share Share capital (l)incl VAT (2)earnings after financial

items

1984 SKr'OOO

1,208,000 51,268

7,074

2.00SKr 12.90SKr

67,800

1985 SKr'OOO

1,586,000 75,300 20,009

6,616 8,136

3.00SKr 16.79SKr

67,800

Principal Shareholders: The Blomqvists (59%); Ratos (10%); Rang Invest (4%)


ERICSSON CABLES AB S-172877 Sundbyberg Tel: 08/282860 Telex: 19651 ericab s

Board of Directors: Jan Stenberg (Chairman), Roger Runesson, Bengt Gerger, Staffan Bostrom

PRINCIPAL ACTIVITIES: Manufacture of wires and cables; optical wires and cables; consultancy and design services

Parent Company: Ericsson Koncernen Financial Information:

Sales turnover

1984 SKr'OOO

1,432,000

ERICSSON INFORMATION SYSTEMS AB Box 11100, S-161 11 Bromma Tel: 08/764 20 00 Telex: 10485 ericiv s

Senior Executives: Jan Rudberg

PRINCIPAL ACTIVITIES: Data processing equipment Financial Information:

Sales turnover


ERICSSON RADIO SYSTEMS AB S-163 80 Stockholm Tel: 08/ 7570000 Cable: Ericssonradio Telex: 13545 ericra s

Board of Directors: Bjorn Svedberg (Chairman)

1984 SKr'OOO

6,302,570

SWEDEN Management: Ake Lundqvist (Managing Director) Senior Executives: Ulf H Johansson

PRINCIPAL ACTIVITIES: Manufacture of mobile telephone systems, signalling systems, land mobile radio, computer systems, defence communications, airborne electronics, defence and space electronics

Parent Company: Telefonaktiebolaget L M Ericsson Subsidiary Companies: Ericsson Radio Systems Sverige AB;

Magnetic AB, Sweden; Ericsson Radio Systems A/S, Denmark; Ericsson Paging Systems BV, Netherlands



Sales turnover Profit before tax (Loss) after tax Share capital Shareholders equity


31.12.84 SKr'OOO

3,283,762 319

(171) 50,000 92,563

ERICSSON, TELEFONAKTIEBOLAGET L M, Telefonplan, 12625 Stockholm Tel: 08/7190000 Cable: Telefonbolaget Stockholm Telex: 14910 eric s

Board of Directors: Hans Werthen (Chairman), Jan Wallander (Deputy Chairman), Peter Wallenberg (Deputy Chairman), Ake Andersson (Employee Representative), Lennart Dahstrom, Lars-Olof Ekeberg, Paul Kvamme (Employee Representative), Per Lindberg, Sven Olving, Bjorn Svedberg (President and Chief Executive Officer)

Group Executive CommiHee: B Svedberg (President and Managing Director), H Ledin (Executive Vice President), A Mohlin (Executive Vice President), F Staffas (Executive Vice President), J Stenberg (Executive Vice President)

PRINCIPAL ACTIVITIES: Public telephone and telex switching systems; transmission equipment; power and telephone cables; subscriber exchanges (PABX, PBX, PEMBX); telephone instruments; loudspeaking intercom systems; data transmission; data terminal and financial systems; data modems; network material; engineering and installation of public, private, military and industrial networks; fibre optics; switching systems for strategic networks and operational centres; portable switchboards; ciphering equipment and field telephones; radar, laser and infrared systems for airborne, seaborne and ground-based use; railway and traffic signalling; land-based radio communications; paging systems and mobile telephone systems; electronic components

Principal Swedish Subsidiary Companies: Ericsson Information Systems AB; Ericsson Cables AB (ECA); Ericsson Radio Systems AB (ERA); Ericsson Network Engineering AB (ENS); Ericsson Signal Systems AB (ENR); AB Rifa; Sieverts Kabelverk AB

Principal Bankers: Reference banks for shareholders residing outside Sweden. France: Credit Lyonnais; Banque Nationale de Paris; Banque de Neuflize, Schlumberger, Mallet; Banque de Paris & des Pays-Bas; The Netherlands: Pierson, Heldring & Pierson NV; Switzerland: Pictet & Cie; Swiss Bank Corporation; Union Bank of Switzerland; United Kingdom: S G Warburg & Co Ltd; USA: Citibank, NA; West Germany: Deutsche Bank AG; Westdeutsche Landesbank Girozentrale


Sales turnover Profit after tax Dividends Share capital


31.12.84 SKr'OOO

29,378,000 444,300 322,561

1,845,200

31.12.85 SKr'OOO

32,496,000 837,400 332,561

1,847,600

148

ERIK THUN AB See THUN, ERIK, AB

ESAB AB Herkulesgatan 72, Box 8004, S 402 77 Goteborg .

Tel: 031/509000 Cable: Esab Telex: 2326 Esab GHQ s

Board of Directors: C Nicolin (Chairman), L Johansson (Deputy Chairman), T Lindstrom, J C Ericsson. G Bystedt, J Holmberg, 0 Mustonen, B Eskilson

Management: B Eskilson (President), B Sandqvist, K E Johansson, B Pekkari, J Forsell

PRINCIPAL ACTIVITIES: Manufacture of welding equipment; welding wire, nails and strips; gas cutting apparatus, electrodes and auto wire

Trade Names: ESAB, Arcos, Murex, Sarazin, Hancock, Filarc SubSidiary Companies: In Sweden. Belgium, Denmark. West

Germany, Netherlands, UK, Italy. France. Finland, Norway. Austria, Switzerland, Spain, Portugal, USA, Canada. Mexico, Brazil, Australia, Singapore and Malaysia


31.12.84 SKr'OOO

31.12.85 SKr'OOO

Sales turnover 3,073,300 3.925.700 Profit before tax 140,000 Profit after tax' 65,400 Dividends 17,900 Dividends per share 10SKr

Share capital 178,800 "and minority share

Principal Shareholders: ASEA AB (48.9% Voting rights)


ESSELTE AB Box 1371, S-171 27 Stockholm-Solna Tel: +46-(0)8-272760 Cable: Esselte Telex: 11897 Esselte s

203.600 119,800 25,700 12SKr

214.000

Board of Directors: Curt G Olsson (Chairman), Gunnar Hambraeus. Gerhard Lindholm, Henry Montgomery. Hans Stahle, Marcus Storch, Erik Soderberg, Solveig Wikstrom, Bengt Strandberg (Deputy), Sven Wallgren, Lennart Erlandsson, Birgit Larsson, Bernt T Andersson (Deputy). Lars Lindh (Deputy)

Senior Executives: Erling Blomme (Legal Department), Hampus Grunditz (Risk Management), Lars Liden (Vice President Corporate Development), Raoul Waldenor (Finance), Sven Wallgren (President and CEO), Sven Witt (R&D). Hans Fristedt (Vice President Business Systems Sector), Bengt Strandberg (Former President Esselte Business Systems Inc). Jan Olofsson (Vice PreSident Information and Publishing Sector). Rune Sirvell (Vice President Industry and Technology Sector)

PRINCIPAL ACTIVITIES: Office equipment, stationery, graphic cards and pricemarking, custom printing and binding, consumer packaging, transport packaging. textbooks and instructional materials. video activities, cartography. publishing and book stores

Trade Names: Esselte, Dymo, Meto, Pendaflex, Letraset, etc Subsidiary Companies: Esselte Business Systems (Esselte

Pendaflex, Esselte Dymo, Esselte Bensons. Esselte Letraset. Esselte Meto); Esselte Video, Information Systems and Publishing (Esselte System. Esselte Info, Esselte Forlag, Esselte Bokhandel); Industry and Technology (Esselte Print, Esselte Rotogravyr, Esselte Tech. Esselte Well)



31.12.84 31.12.85

SKr'OOO SKr'OOO

Sales turnover 8,713,000 10,222,400




Dividends 95,958 111,389

Dividends per share 12.00SKr 13.50SKr

Earnings per share 45.00SKr 43.00SKr


Shareholders funds 1,950,500 2,016,700

Principal Shareholders: Mobilia Ratos, 4:c AP-Fonden, Skandia, Trygg-Hansa


EUROC, INDUSTRI AB, Box 30600, S-200 62 Malmo

Tel: 40/16 50 00

Cable: euroc malmo

Telex: 32886

Telefax: 40-157465

Board of Directors: Ernst Herslow (Chairman), Carl-Gustaf Klingspor, Sten Lindh, Arne Wehtje, Olle Karleby, Arne Lundberg, Ingegerd Troedsson, Birger Lowhagen, Gerhard Heiberg, Bengt Aberg, Rolf Bengtsson, Sven Borelius (President and Group Chief Executive Officer). Depty Members: Jorgen Christensen, Kenneth Henrysson

Management: Sven Borelius (President and Chief Executive Officer), Ingemar Wickstrom (Executive Vice President), Alf Lindgren (Corporate Controller), Werner Uhlmann (Corporate Treasurer),

Business Area Managers: Knut Wickberg (Building Materials), Ulf Linderoth (Cement and Minerals), Stig Lindblom (Trade), Arne Stringemark (Cermaics and Electrotechnics)

PRINCIPAL ACTIVITIES: Euroc, one of Sweden's major industrial and trading groups supplies the international building and construction industry with materials, equipment, technology and services. In other fields, Euroc concentrates on developing and commercially using its special know-how. Operations are divided into five business areas: Construction Equipment, Building Materials, Cement and Minerals, Trade and Ceramics and Electrotechnics

Subsidiary/Associated Companies: (100% owned unless stated): Group companies in Sweden:- AB Annetorp; AB Calux; Cementa AB (95%); Dynapac AB; Edebe Promotion AB (53%); Elram AB; Euroc Administration AB; Euroc Fond AB; Euroc Research AB; Euroc Supply AB; Finroc AB; AB Gyproc (75%); Ifo Electric AB; Gunnar B Janson AB (99%); AB Joh Kock; Malmo Tra AB; Paulssons Jarn AB; Sa bema Material AB; Sabetra AB; Skandinaviska Eternit AB; AB Skandinaviska Oljecentralen; Scancem AB (50%); Tretab Transport AB; TS Varmeprodukter AB. Group companies outside Sweden:Euroc Capital BV (Netherlands); Euroc Reinsurance SA (Luxembourg); Euroc SA (99%) (France); Euroc Trade AG (Switzerland); Euroc-Cementa A/S (Norway); Fabricacion Espanola de Fusibles Electricos SA (FEFE SA) (Spain); Interoc (UK) Ltd (UK); Porzellanfabrik Frauenthal GesmbH (Austria); Frauental Katalysatoren GesmbH (Austria); Riobrasin Comercial Ltda (99%) (Brazil); Scan bras Industrial e Comercial Ltda (Brazil); Siporex Concreto Celular SA (96%) (Brazil); Siporex Fran<;:ais SARL (99%) (France); Siporex SA (France); SA de Documentation et de Gestion (SADOGE) (37%) (France); Societe Nouvelle de Participations et de Placements (SONOPAR) (40%) (France)

149


Sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per share Earnings per share" Share capital Shareholders equity "after standard tax (50%)

31.12.85 SKr'OOO

5,377,300 141,900 76,200 95,300 58,260

5.00SKr 12.15SKr

582,600 1,007,300

31.12.86 SKr'OOO

6,239,400 274,000 111,500 111,500 64,086

5.50SKr 11.90SKr 582,600

1,035,100

Principal Shareholders: Skanska (26.2%); Protorp (7.9%); Opus (5.5%); Norcem (Norway) (13%)


FARMEK EK FOR Siakthusplan 4, 12188 Johanneshov Tel: 08/7130500 Cable: Farmek Telex: 11182 farmck s

Management: HAkan Hellmo

PRINCIPAL ACTIVITIES: Meat industry; slaughter and packaging

Trade Names: Scan Principal Bankers: Foreningsbankernas Bank Financial Information:

Sales turnover Profit before tax Profit after tax Capital Members funds


FELIX (A B) Box 16, S-241 00 Eslov Tel: 0413/65000 Cable: Felixkon Server Telex: 32392 felix s

31.12.84 SKr'OOO

2,782,700 2,400 1,500

104,500 144,400

31.12.85 SKr'OOO

2,905,700 4,000 3,900

109,900 153,800

Board of Directors: Larserik Nilsson (Chairman) Management: Bjorn Gavelstad (Managing Director), Henrik

Treschow (Deputy Managing Director), Bengt Agert (Deputy Managing Director, Technical)

PRINCIPAL ACTIVITIES: Manufacture of frozen and canned food products

Trade Names: Felix, Beauvais Parent Company: Provendor Food AB Subsidiary Companies: A/S Beauvais (Denmark); Felix Austria

GmbH (Austria) Principal Bankers: Skandinaviska Enskilda Financial Information:



FFV GROUP S-631 87 Eskilstuna Tel: +4616155000 Cable: efefvee Telex: 46075 ffvhk s

1984 SKr'OOO

1,620,000 9,000

2,500

15,000 46,000

1985 SKr'OOO

1,770,000 22,000

6,000 3,600 3,000

15,000 51,600

SWEDEN Board of Directors: Wiking Sjostrand (Chairman), Hans-Olov

Westberg (Vice Chairman), Rune Nyman (Director General and Group President), Rune Barneus Erland Wessberg, Per Westerberg, Astrid Schonberg, Arne Callans, Sven-Ake Overstrom, Erik Werner

Group Management: Rune Nyman (Group President and Director General), Lennart Jansson (Corporate Staff, Finance and Administration, Deputy Director General), Hans Ramshorn (Corporate Staff, Legal Affairs), Seve Ungermark (Corporate Staff, Corporate Communications), Lennart Hednert (Corporate Staff, Group Development), Staffan Mejer (Corporate Staff, Personnel), Nils-Olov Johnson (Technology)

PRINCIPAL ACTIVITIES: The Group companies develop and manufacture military weapons and ammunition including antitank weapons, smoke ammunition and torpedoes; maintenance of aircraft, helicopters and ancillary equipment; consultancy services, maintenance and technical service in the fields of electronics and computers; manufacture of rifle and pistol ammunition for hunting and marksmanship; sale of surplus goods in department stores; manufacture of aligning benches for damaged vehicles; engineering products including electronic measuring instruments, automotive electronics and transmission elements; manufacture of detonator components; trading activities

Group Companies: FFV; FFV Ordnance; FFV Aerotech; FFV Foretagen AB; FFV Elektronik AB; Telub AB; FFV Allmateriel AB; AB Bastmans Auktioner; Cipro AB; C E Johansson AB; Microbas AB; FFV Mipro AB; FFV Norma AB; Ostermans Aero AB; AB Samefa; FFV Trading AB; Air Target Sweden AB; ASE Europe AB; Owell AB; FFV Materials Technology; FFV Autotech AB, Sweden; Car-O-Liner Autom System, Canada; Telub AlS, Denmark; Oy Telub AB, Finland; C E Johansson & Cie, France; Miki-Cipro Ltd, Japan; FFV AlS; C E Johansson A/S; Telub-Stathmos AlS, Norway; C E Johansson Ltd; Samefa (UK) Ltd, UK; Aero Systems Engineering Inc; Car-O-Liner Co; CEJ Gage Co Inc; FFV Development Inc; Samefa Inc; Aero Thrust Corp; AeroServ International Inc; FFV Holding Inc, USA; Caroliner Deutschland GmbH; C E Johansson GmbH; FFV Deutschland GmbH, Germany


31.12.84

SKr'OOO


Profit before tax' 112,000



State capital 528,000

Equity 693,000

'and appropriations

Principal Shareholders: State owned

No of Employees: 8,000 Group in Sweden

FFV TELUB AB Box 1232, SE-351 12 Viixjo

Tel: Int+46 470-420 00

Telex: 52103 ffvel s

Board of Directors: Rune Nyman (Chairman)

Management: Staffen HAkansson (Managing Director)

PRINCIPAL ACTIVITIES: Consultancy services within

31.12.85

SKr'OOO

3,507,000

192,000

147,000 135,000

553,000 788,000

telecommunication, radar, surveillance, information systems, logistics; security systems; maintenance of computer systems; automotive electronics

Trade Names: Radac, Euroserv

Parent Company: FFV AB (Holding Company)

SubSidiary Companies: FFV Elektronik AB; Telub AB; Telub Service AB; Cipro AB


150


Sales turnover 427,000 608,000 Profit before tax 52,000 65,000 Profit after tax 23,000 18,000 Retained profit 38,000 43,000 Dividends 12,000 Dividends per share 300SKr Earnings per share l,291SKr 1,631SKr Share capital 40,000 40,000 Shareholders funds 5,000 6,000

Principal Shareholders: 100% State owned through FFV AB No of Employees: 1,600

FINDUS AB Box 500, S-267 00 BJUV Tel: +46 42-70800 Cable: findus bjuv Telex: 54-72 200 findus

Chairman: Ulf Sundberg; General Manager: Christer Denrell Directors: Lennart Svensson (Deputy Managing Director,

Marketing Director, Food Service), Folke Tollborg (Legal Director), Inge W Engstrom (Financial Director), Jaran Hultman (Personnel Director), Jan Ekholm (Technical Director), Johan Ericsson (Purchasing Director), Bengt Strand (Marketing Director, Frozen Food Retail), Gunnar Soderling (Marketing Director, Grocery Products Retail), Lars Waldemarsson (Director, Administration)

PRINCIPAL ACTIVITIES: Manufacture and marketing of frozen food, canned food, cereals and instant drinks, chilled food

Trade Names: Findus, Nescafe, Maggi Parent Company: Maggi Unternehmungen A/G, Switzerland;

Nestle SA Subsidiary Companies: Wienerbagarn Djupfryst AB; Nordfilet

A/S; Nestle Svenska AB; Selleberga Trading AB; Findus Kylda AB; KaffebCinans Rosteri AB; Hiilleviks Rakeri AB; AB Stravelskorv; Z09ga's Kaffe AB

Principal Bankers: Skandinaviska Enskilda Banken; Svenska Handelsbanken


Sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per ordinary share Dividends per preference

share Share capital Shareholders funds


FIRMA ELOF HANSSON See HANSSON, FIRMA ELOF,

FISKEBY AB S-601 85 Norrkoping Tel: 011/18 63 00 Cable: fiskebybolag Telex: 64190

31.12.84 SKr'OOO

1,323,000 3,100 1,300

13,400 9,165

9.45SKr

17SKr 85,000

226,000

31.12.85 SKr'OOO

1,581,200 8,500 5,100 8,000 5,000

3.50SKr

17SKr 85,000

227,000

Management: Karl Erik Persson (Executive President), Mats de Verdier (Managing Director), Sture Frisinger (Deputy Managing Director)

PRINCIPAL ACTIVITIES: Paper, board and packaging Trade Names: Katrin, Multiboard Parent Company: Fiskeby is a subsidiary of the Swedish Co

operative Wholesale Society, Stockholm, Sweden Financial Information:

Sales turnover


FLAKT AB

1984 SKr'OOO

2,046,160

Sickla aile 13bNacka, Box 81001 S-104 81 Stockholm Tel: 08/714 4 00 Cable: fliiktfabriken stockholm Telex: 10430 !flakts s

Board of Directors: C Nicolin (Chairman), B Berg (Vice Chairman), is SOderberg, L Nabseth, Ulf-C Bratt, B Stigson, P Barnevik, 11 Ahlgren, K Kurki

Management: B Stigson (President and Chief Executive Officer), Sven B Andersson (Executive Vice President, Contracting), KH Andersson, Bengt Ake Larsson (Executive Vice President, Industrial Processs and Systems), J Stomblad, R Olsson

Group Staff: Ann Ahlberg (Treasurer), Karl-Gunnar Wallander (Accounting and Taxes), Lars Eriksson, (Controller), Stig Sandell, (Internal Audit), Anders Berg (Corporate Development), Erik Siljestrom (Legal Affairs), Per-Olof Alfredsson (Research and Development), Bengt Martenson (Personnel and Administration), Hans J. Zetterberg (Communications)

PRINCIPAL ACTIVITIES: Production and installation of airconditioning, ventilation and heating equipment etc.

Parent Company: ASEA AB Subsidiary/Associated Companies: Gadelius AB; NBN Ror AB;

Flakt Industri AB; Flakt VELODUCT AB; AB Svensk Varmematning SVM; Flakt Svenska AB; Esset Service AB; Flakt Evaporator AB; Fliikt COIL TECH AB; Fliikt Bostadsventilation AB; AB Richard Pettersons Platslageri




FLYGT AB

Logo

31.12.84 SKr'OOO

8,941,000 249,000 33,000 40,000

223,300

Svetsarvagen 12, Box 1309, S-171 25 Solna Tel: +46-8-7336500 Cable: Flygtab Stockholm Telex: 19018; 19558 flygtab s

President: Bertil T Nilsson

31.12.85 SKr'ooo

9,431,000 286,000 137,000 49,000

223,000

Directors: Arne 0 Olsson (Regional Director Central Europe, Vice President), Kjell Engstrom (Director of Financial Controls and Trading, Vice President), Ejvind J Nissen (Regional Director Northern Europe, Vice President), Bengt Bjernfalk (Regional Director North America, Australia, Vice PreSident)

Senior Executives: Leif E Carlsson (Director, Marketing), Lars Rosen (Director Manufacturing), Bertil Englesson (Director RD

151

SWEDEN and E Technology), Lars Frenning (Director Research, Development and Engineering), Lars Fahlen (Director Personnel), Hans Axler (Director Quality)

PRINCIPAL ACTIVITIES: Design, manufacture and worldwide distribution of heavy duty electric submersible pumps, mixers and hydroturbine generators for the liquid handling industry

Trade Names: Flygt Subsidiary Companies: Flygt Australia Ltd (Australia); NV Flygt

SA (Belgium); A/S Flygt Pumper (Denmark); Flygt Pumps Ltd (Eire); Flygt Japan Ltd (Japan); Flygt Pumper A/S (Norway); Flygt Pumps Ltd (UK); Flygt Pumpen GmbH (West Germany); Flygt Vertriebsgesellschaft mbH (Austria); Flygt Canada (Canada); Flygt France SA (France); Flygt Italia SpA (Italy); Flygt Pompen BV (Netherlands); Flygt Sverige AB (Sweden); Flygt Corporation (USA)




FOLKSAMGRUPPEN

31.12.84 SKr'OOO

1,599,672 142,328 78,951 57,201

Bohusg 14, Box 20500,10460 Stockholm Tel: 08/743 60 00 Cable: Folksam Telex: 19084 folksam s

31.12.85 SKr'OOO

1,835,684 172,667 92,991 57,201

Supervisory Board: H Alsen (Chairman), G Nilsson (Vice Chairman), A H Nilstein (Vice Chairman), K Back (Managing Director)

Management: H Dahlberg, K Grahn, G Karlsson


Premium income


FOODIA AB 245 00 Staffanstorp Tel: 040/28 90 00 Cable: Foodia Telex: 32737 foodia s

1984 SKr'OOO

3,059,100

Management: Walther Jonerot (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of canned and frozen food products

Parent Company: Kooperativa Forbundet Financial Information:

Sales turnover


FORD MOTOR COMPANY AB Box 27303, S-102 544 Stockholm Tel: 08/782 85 00 Cable: Fordmotor Telex: 19451 fordsth s

1984 SKr'OOO 477,000

Management: Hans Larsson (Managing Director)

PRINCIPAL ACTIVITIES: Wholesale motor vehicles, lorries, tractors and parts

Parent Company: Ford Motor Corp, USA Principal Bankers: Handelsbanken


Sales turnover


FORENADE WELL AB Box 1104, 241 00 Eslov Tel: 0413/139 10 Cable: Well pack Telex: 32397 welles s

1984 SKr'OOO

1,271,300

Management: Anders Tornkvist (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of corrugatecl cardboard and packaging; packaging machinery systems for corrugated board

Parent Company: Assi AB, Statens Skogsindustrier Subsidiary Companies: Por-Pac Plast AB; Modefa AB Principal Bankers: PK-banken Financial Information:



1985 SKr'ooO 500,000 70,000

FORENINGSBANKERNAS BANK

1986 SKr'OOO 530,000 70,000

Grev Turegatan 30, PO Box 5844, S-102 48 Stockholm Tel: 08/782 30 00 Cable: Jordbank Stockholm Telex: 10627 Foba S

Board of Directors: Nils G Asling (Chairman) Management: Rolf Andersson (Managing Director), 0 Karlander

(General Manager, International)

PRINCIPAL ACTIVITIES: Bank Financial Information:

Share capital Reserves Total assets


FORVALTNINGS RATOS AB See RATOS, FORVALTNINGS, AB

FOSSELIUS & ALPEN AB Isafjordsgatan II, Box 1144, 16312 Spanga Tel: 08/751 03 40 Cable: Fosselius Telex: 14025 fossalp s

Senior Executives: Elwar Lilliequist

1984 SKr'OOO

44,000 55,000

8,934,947

PRINCIPAL ACTIVITIES: Import and trade in tools and parts for heating and ventilation, tubes, fittings, sanitary equipment

Parent Company: Dahl Invest International, Glostrup, Denmark (100%)

Subsidiary Companies: Ror AB Gothlin & Co AB; GG WS Gross AB; Ostra WS AB

Principal Bankers: Scandinaviska Enskilda Banken Financial Information:

Sales turnover Profit before tax Profit after tax Retained profit Dividend Share capital


1985 SKr'OOO

1,382,694 18,313

5,652 10,760

9,750 65,000

1986 SKr'OOO

1,490,851 57,732 26,881

6,650 9,750

65,000

152

FRIGOSCANDIA AB Box 912, 25109 Helsingborg Tel: 46/42/17 80 00 Cable: Frigoscand Telex: 72265 freeze s

Board of Directors: Marcus Storch (Chairman), Frans Malmros, Sven Agrup, Lennart Nilsson, Lars Olsson, Bengt Palsson, Sven Johansson (Deputy), Mauritz Johansson (Deputy), Gunnar Nygren (President)

Management: Gunnar Nygren (President)

PRINCIPAL ACTIVITIES: Figoscandia services consist of freezing, storage and transportation of food products. The company has 21 wholly owned and several partly owned cold stores in eight countries in Western Europe and Latin America. Friogscandia Contracting manufactures freezing equipment that is marketed in all parts of the world

Parent Company: AGA AB Subsidiary Companies: Frigoscandia Transport AS; Frigscandia

Contracting AB; Frigoscandia Transport Service; Wiener KOhlhaus-Frigoscandia Ges mbH (Austria); Frigoscandia (Brazil); Frigoscandia AlS (Denmark); Frigoscandia Transport Oy Ab (Finland); Frigoscandia SA (France); Frigoscandia Ltd (UK); Frigoscandla Contracting Ltd (UK); Frlgoscandla Contracting SRL (Italy); Frigoscandia Contracting Inc (USA); CEALCO Centro de Almacenes Congelados CA (Venezuela); Frigoscandia GmbH (Germany); Frigoscandia Kaltetechnik GmbH (Germany); Frigoropa HmbH (Germany)

Principal Bankers: Skanska Banken Financial Information:

Sales turnover Operating income Income' "after financial items


FROVIFORS BRUK AB Box 60, S-7104OO Frovi Tel: 0581/30700 Telex: 73319 froevi s

1984 SKr'OOO

1,407,000 126,000 118,000

1985 SKr'ooO

1,642,000 130,000 126,000

Board of Directors: Hans Carlsson, Ragnar Quarnstrom, Ulf Kilander, Ingvar Ekholm, Claes Lindner, Hans Larsson

Management: Ragnar Quarnstrom (Managing Director) Senior Executives: Rune Andersson (Mill Manager)

PRINCIPAL ACTIVITIES: Manufacture of unbleached sulphate pulp, coated unbleached kraftboard, liquid packaging board, Carrier Board, folding boxboard, white top liner

Trade Names: FROVI, Kraftpulp, Liquid, Carrier, White Top Liner

Parent Company: AB Statens Skogsindustrier Principal Bankers: Gotabanken; PKbanken Financial Information:


1986 SKr'OOO 960,000 200,000

Principal Shareholders: ASSI (AB Statens Skogsindustrier)


G & L BEIJER AB See BEIJER, G & L, AB

GADELIUS AB Box 30143, 104 25 Stockholm Tel: 88/737 7700 Cable: Knutsius Telex: 17650 gadeco s

Supervisory Board: Bengt Berg (Chairman), Jonas Gadelius, Bengt Eskilson, Alf Akerman, Bjorn Stlgson, Goran Holmqvlst (President)

Group Management: Hans Furstenbach, Stig Meibrink, Goran Holmquist, Bengt Olsson

PRINCIPAL ACTIVITIES: Export of machinery, import and marketing of communications electronics, electronic components and machinery

Parent Company: Flakt AB Subsidiary Companies: Gadelius Elektronik AB; Gadelius

Trading AB, Sweden; Gadelius ElektronikkA/S, Norway; Gadelius Oy, Finland; Gadelius A/S, Denmark and others in Japan, Korea, Singapore, Hong Kong, Taiwan, Thailand and Malaysia



Principal Shareholders: Flakt AB No of Employees: 1,539

GAMBROAB Fack 220 10 Lund Tel: +46 46 169 000 Telex: 32144 Lundia s Te/ecopier: +46-46-11 29 39

31.12.84 SKr'OOO

1,975,000 69,000 24,000 62,000 17,000

21.25SKr 29.75SKr

40,000 213,000

31.12.85 SKr'OOO

2,271,000 98,000 40,000 77,000 14,000

15.50SKr 44.00SKr

45,000 248,000

Board of Directors: Lennart Nilsson (Chairman), Professor Sven-Erik Bergentz, Margareta Dahlberg, So Uedholm, Berthold Undqvist, Hans-Eric Ovin, Erik Penser, 'Richard Tanimura, 'Ingegerd Wahl. Deputy Members. Uif Alfredson, 'Bertil Berglund, Per-Olof MArtensson, Sven-Erik Persson, "Eddy Aberg, 'Employee Representative

Group Management: Berthold Undqvlst (President and Chief Executive Officer), Bo Cullberg (President, Gambro Engstrom), Jean-Pierre Dutauziet (President, Gambro France), Lennart Ernulf (General Counsel), Ugo Grondelli (President, Gambro Italy), Akira Harima (President, Gambro Japan). Lennart la Fleur (Director, Business Development and Marketing), Goran Lundin (Group Controller). David Maupin (President, Gambro USA), Jan-Olof Olsson (President, Gambro Lundia AB), Gerd Roesler (President, Gambro Germany), Lars Tellman (Head of Gambro International), Mats Wahlstrom (Chief Financial Officer)

PRINCIPAL ACTIVITIES: Manufacture of medical equipment Trade Names: Lundia 10 (Dialyzer), AK-10 (Dialysis Machine),

Engstrom Erica (Respirators) Subsidiary Companies: Gambro Engstrom AB (Own shares in:

Engstrom Elektromedzin GmbH); Gambro Lundla AB; Gambro Sales AB; Gambro Cardio AB; Gambro Dialysprodukter AB; Gambro Instrumenta AB; Investment AB CoIand; Gambro NV/SA; Gambro Produtos Medicos Ltda; Gambro Canada Ltd; Gambro Medlcoteknik A/S; Gambro Ltd (Own shares In: Gambro Pty Ltd, Gambro Overseas Ltd- Own shares in Gambro Pty Ltd); OV Gambro AB; Gambro SA; Gambro BV (Own shares in: Gambro Drelssen BV); Gambro International Holdings BV; Crafon Medlsche Systemen BV; Gambro SpA (Own shares in: Gambro Soxil SpA); Lundia Dializzatori SpA (Own shares in: Gambro Soxil SpA); Gambro KK (Own shares in: Gambro Medical KK); Gambro Latin America Inc; Gambro A/S; Gambro Lda; Garnbro AG; Gambro SA; Gambro Vacation Dialysis SA; Gambro Dialysatoren KG; Gambro Medizintechnik KG; Gambro Inc; Gambro Vertriebs GmbH; Gambro S.E.A. Pte Ltd

153

SWEDEN Principal Bankers: Svenska Handelsbanken; SE-Banken Financial Information:

31.12.84 31.12.85 SKr'OOO SKr'OOO

Sales turnover 1,461,000 1,520,800 Profit before tax 23,000 99,500 Profit after tax 5,000 66,100 Dividends 5,200 6,500 Dividends per share 0.32SKr 0.4SKr Earnings per share 0.29SKr 3.17Skr Share capital 327,000 327,000 Shareholders funds 1,118,000 1,065,500

Principal Shareholders: Wilh. Sonesson AB (34%); The Crafoord Foundation (2.6%); The Crafoord Family (15.8%); Skandia Uvfors AB (3.3%); Fargholding AB (1.5%)


GOG Bil TRAFIK AB Gullbergs Strandgata 34, 341104 Gothenburg Tel: 031/804000 Cable: gdgtour Telex: 27295

Management: Lennart Sandberg (Managing Director)

PRINCIPAL ACTIVITIES: Road transport by bus and road haulage; motor vehicle repairs; motel interests

Parent Company: SJ Swedish State Railways Principal Bankers: PK-banken Financial Information:


Sales turnover 842,000 938,000 Profit before tax 5,240 7,088 Profit after tax 3,116 3,975 Dividends 1,760 1,760 Dividends per share 11.00SKr 11.00SKr Share capital 16,000 16,000

Principal Shareholders: The Swedish State Railways (SJ) (100%) No of Employees: 2,117

GENERAL FOODS AB Box 615, 801 26 Glivle Tel: 026/11 54 20 Cable: Genfoods Telex: 81194

Management: Robert Fagersten (Managing Director),

PRINCIPAL ACTIVITIES: Manufacture of a wide range of canned and packet foods; spices; coffee

Parent Company: General Foods Corp, USA Financial Information:

Sales turnover


1984 SKr'ooo

1,103,300

GENERAL MOTORS NORDISKA AB S-13682 Handen Tel: 0750/10020 Cable: Genmotnord Telex: 17299 GMNORD S

Board of Directors: Tage HAllen (Chairman) Management: Lars Edwall (Managing Director), Ove Andreason

(Opel Sales Director), Tage HAllen (Personnel Manager), Carl Nylander (Parts, Accessories and Marketing Manager), Ernst Ekroth (Parts and Accessories Manager), Uif Strom (PR Manager), Hans Akerhult (Director, Sales Management and Operations at Adam Opel AG in Russelsheim)

PRINCIPAL ACTIVITIES: Wholesale distribution of motor vehicles. spare parts and accessories

Parent Company: General Motors Corporation, USA

SWEDEN Principal Bankers: S E Banken; Handelsbanken Financial Information:

Sales turnover Profit before tax Profit after tax Retained profit" Dividends Share capital "including reserve fund of SKr4.720

million


GISLAVED AB Box 501, S-332 00 Glslaved Tel: 0371/11500 Cable: Gislab

1984 SKr'OOO

1,021,000 964 844

5,564 844

9,600

Telex: 70066 gislab s; 70330 tyres s; 70831 gislab s; 70416 gislab s; 70463 gislab s

Te/efax: +46-37180275

Board of Directors: Peter Sahlin (Chairman) Management: Nils-Ake Svensson (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of car tyres. light truck tyres, inner tubes; expanded polystyrene (EPS) trays. egg cartons, boxes for hamburgers and other takeaway foods; plastic tie-pants, hygiene plastic film, disposable products for health care and medical purposes; plastic products for vehicle interiors, lamination to metal. other industrial applications; technical rubber products including sealing strips, hoses. molded rubber products, special products plastic foil and packaging

Trade Names: Gislaved, Frost, Speed. Snibbs, Lami Drape, Haganyl, Moccasin. Octet

Parent Company: KF Industri AB, Sweden Subsidiary Companies: Divisions: Technical Rubber Division;

Plastic Division; Hygiene Division. Subsidiary Companies: Gislaved Dick AB. Subsidiary manufacturing company: Viking Dekk AIS (Norway). Subsidiary sales companias: US Royal AB; Gislaved Dekk AIS (Norway); Gislaved Daek AIS (Denmark); Oy Gislaved Rengas Ab (Finland); Gislaved Banden BV (Netherlands); Gislaved Reifen GmbH (Germany); Gislaved Reifen GmbH (Austria); Gislaved Tyres Ltd (UK); Gislaved Scandplast AB; Siottslisten AB; Gislaved Industriservice Forsiljnings AB

Principal Bankers: GOtabanken Financial Information:

Sales turnover Profit before tax Profit after tax Share capital Shareholders eqUity


31.12.84 SKr'OOO

1,152.849 17.098 8,826

20.000 94.091

GKN-STENMAN AB Assa-Stenman AB (trading name) Box 371, 631 05 Eskilstuna Tel: 016-117100 Cable: stenman s Telex: 46086 stenman s

31.12.85 SKr'OOO

1.523,679 2,218

49 38.000 95,204

Board of Directors: Bengt Kihlberg (Chairman), Carl Flory (Managing Director). Torsten Undblom (Secretary). Ingvar Berg (employee representative). Roland TrObenbach (employee representative), Claes Dahlbick. David Lees. Peter Watson. Otto Hansen (Deputy)

Management: Eric Undquist (Export Director). Bengt Ohlsson (Production Director), Ulf KAgeman (Financial Director), Bertil Samuelson (Marketing Director). Torsten Undblom. Lennart Widen

154

PRINCIPAL ACTIVITIES: Locks, architectural hardware and security functional systams for doors and windows

Trade Names: ASSA Parent Company: GKN piC Subsidiary Companies: Assa-Stenman Ab; Assa Innovation AB;

AIS Ruko (Denmark); Assa/Ruko AfS (Denmark); Assa Inc (USA); Assa-Ruko Sicherheitssysteme GmbH (Germany); Assa Oy (Finland)


Sales turnover

Principal Shareholders: GKN pic No of Employees: 1,300

GLACE-BOLAGET

1984 SKr'OOO 300,000

Warfvinges v 24. Box 300 33.104 25 Stockholm Tel: 08/1303 60 Telex: 11936 gbglace s

PRINCIPAL ACTIVITIES: Manufacture of ice cream Financial Information:

1985 SK,'ooo 343,000

Sales turnover

1984 SKr'OOO 616,370

Principal Shareholders: Aria ekonomisk forening (60%) No of Employees: 1.000

GOTA LANTMAN EK FOR Flemingg 9. Box 905.60119 Norrkoping Tel: 011/129880 Cable: Golatantmin

Senior Executives: Curt Forsberg

PRINCIPAL ACTIVITIES: Trade in agricultural products including grain and animal feedstuffs


Sales turnover


GOTABANKEN Sveavigen 14, S-103 n Stockholm Tel: +48-8-790 40 00 Cable: Gotabank Telex: 19420 Gotban s Te/efax: +46-8-790 41 45

1984 SKr'OOO

1,521.940

Board of Directors: Stig Sunne (Chairman), K von Sydow (First Vice Chairman), C E Hedlund (Second Vice Chairman). C Ameln. S Berglund, P Carlsson. S Crona. S-T FrostBIl. L Kamola-Wettergren, C Rappe, C T Sive. G Urwitz, H Mikaelsson (PreSident and Chief Executive Officer). R Hallaker, L Henrikson, U Ugnell (Executive Vice President and Deputy to the President), C StjernlOf. Appointed by the Government: S Mannheimer, L T Tobisson. Appointed by the Employees: G Bankell. R Schonning, H Larsson. B Pettersson

Central Management: Sten Erik Ragnar (President and Chief Executive Officer), U Ugnell (Central Credit Management, Executive Vice President and Deputy to the President), U Hedbick (Centrallntarnatlonal Division, Executive Vice President), U Lundahl (Central Administration, Executive Vice President). Regional Management: H Burlin (Eastern Region, Executive Vice President), B Hammarlind (Central Sweden Region, Executive Vice President), U HolmstrOm (Western Region, Executive Vice President), G Larsson (Southern Region. Executive Vice President), B Salomonson (Stockholm Region. Executive Vice President)

Senior Executives: P 0 Johansson (Senior Vice President, Foreign Exchange), V Jangeberg (Senior Vice President. Administration), L Elmer (Senior Vice President, International

Credits), J Sigward (Senior Vice President, Corporate and Correspondent Bank Relations)

PRINCIPAL ACTIVITIES: Bank Subsidiary Companies: Gotabankens Allemansfond Forvaltnings

AB; Gotabankens Fondforvaltning AB; Gotabankens Fastighets AB; Goteborgs Intecknings Garanti Aktiebolag Gigab; Merkantil Leasing AB; Gota (UK) Ltd (UK); Gotabanken (Luxembourg) SA (Luxembourg). Affiliated Companies: AB Svensk Fondforvaltning FondSpar Forvaltnings AB; Banque Transatlantique SA (France) and representative offices in Hong Kong, Singapore, China and Thailand

Principal Bankers: All prinCipal banks Financial Information: Group figures

Profit before tax(1) Profit after tax(1) Retained profit Ordinary dividends Preference dividends Dividends per ordinary

share(2) Dividends per pref share (2) Earnings per share Share capital Shareholders equity Deposits Total assets (1 land appropriations (2)GOtabanken


31.12.84 SKr'OOO 333,000 61,000

193,000 56,000

1,000

6.25SKr 1.25SKr .

18.00SKr 240,000 570,000

15,731,000 39,308,000

GClTAVERKEN ARENDAL AB Box 8733, S-402 75 Goteborg Tel: +46-031-50 30 00 Te/ecopier: +46-31-536515 Telex: 27444 Gotare S

Board of Directors: Olof Lund (Chairman)

31.12.85 SKr'OOO 598,000 126,000 247,000 56,000

1,000

8.00SKr 1.25SKr

30.00SKr 240,000 641,000

17,638,000 45,422,000

Management: Rolf Bergstrand (President), Mikael von Mentzer (Executive Vice President), Arne Berglie (Vice President, Technical Division), Lars-Ake Bjorkman (Vice President, Accounting), Ingemar Broman (Vice President Finance), Magnus Ringner (Vice President, Marketing and Sales), Sven Schelin (Vice President, Administration), Ragnar Stenberg (Vice PreSident, Legal), Serit "kesson (Manager, Corporate Communications)

PRINCIPAL ACTIVITIES: Development and manufacturing of units and systems for offshore industry

Trade Names: GVA Semi Concept Parent Company: Swedyards Corporation Subsidiary Companies: Gotaverken Arendal Inc (USA);

Gotaverken Arendal Norge (Norway); Gotaverken Arendal UK Ltd (UK); Gotaverken Arendal Inc (Canada)


Sales turnover Profit before tax Profit (loss) after tax Retained profit Earnings per share Share capital Shareholders funds


GClTAVERKEN MOTOR AB Box 8843, 402 07 Goteborg Tel: 031/228000 Telex: 20937 gotamo s

31.12.84 SKr'OOO 769,000

12,400 (600)

456.600 15.15SKr

300,000 816.300

Management: Hans Leandersson (Managing Director)

31.12.85 SKr'ooo

1,872,500 8,700 8,400

456,000

300,000 825,000

155

SWEDEN PRINCIPAL ACTIVITIES: Manufacture of diesel engines for

marine and power generation use; heat exchangers, desalination plant

Parent Company: Swedyards Corporation Financial Information:

Sales turnover


GClTEBORGS-POSTENS NYA AB Polhemsplatsen 5, 405 02 Goteborg Tel: 031/1763 00 Cable: Gotposten Telex: 2227 gotpost s

Management: H Andersson (Managing Director)

PRINCIPAL ACTIVITIES: Newspaper publishers Financial Information:

Sales turnover


GRAFOPRINT (AB) Bagarbyvagen 61, S-191 87 Sollentuna Tel: 08/35 27 80 Cable: Solnaoffset Stockholm Telex: 10283 solna s

Board of Directors: Kjell Brandstrom (Chairman) Management: Arne Lundin

SKr'OOO 640,000

1984 SKr'OOO 648,640

PRINCIPAL ACTIVITIES: Manufacture and marketing of printing presses through Solna Offset AB: manufacture and marketing of disposable articles for the table, for hygiene and medical care; raw tissue, packaging through Duni Bila AB

Subsidiary Companies: Solna Offset AB; Duni Bila AB, Sweden Financial Information:

Sales turnover

31.12.84 SKr'OOO

1,583,000

Principal Shareholders: Bonnier Group, Stockholm No of Employees: 2,800

GRANGES AB Luxbacken 1, Lilla Essingen, S-105 45 Stockholm Tel: 08/738 80 00 Cable: granges stockholm Telex: 10726

Board of Directors: H Werthen (Chairman). Bo Abrahamsson (Vice Chairman), G Bystedt (PreSident). T Johansson, L Wallsten, S Wikander. S Zetterstrom, A Scharp

Management: G Bystedt (PreSident)

PRINCIPAL ACTIVITIES: The Granges Group has interests in aluminium. iron. steel. copper and alloys and metal products; substantial mining interests; automotive products; building and civil engineering

Parent Company: Electrolux AB Subsidiary Companies: Granges Aluminium AB; SAPA; NordFoil;

Korrugal; Electrolux Autoliv; Klippan SpA (Italy); Granges Weda AB; Granges Hedlund AB; Platzer Bygg AB; Granges International Mining AB; Kohlswa Jernverk AB; Righton Ltd (UK); LAM CO (Liberian American Swedish Minerals Co) (37%) (Liberia)


Sales turnover Operating income" "after depreCiation


1984 SKr'OOO

7,587.000 558,000

1985 SKr'OOO

8,513,000 634,000

SWEDEN

GRANGES ALUMINIUM AB 105 45 Stockholm Tel: 08/738 82 00 Cable: Gralum Telex: 12073 gralum s

Chairman: Gosta Bystedt Directors: Per-Olof Aronson (Chief Executive), Lars Bergenhem,

Nils Bouveng, Jan Ekman, Anders Scharp, Erik Svensson. Employee-directors: Bengt Andersson, Lars Larsson, Kurt Johansson, Kjell Uhlin

Senior Executives: Darko Pervsn (Vice Chief Executive), Ulf Berglund (Vice President Finance), Ingemar Svahn (Vice President Information)

PRINCIPAL ACTIVITIES: Production of primary aluminium, semimanufactures including sheet and plata, strip, sections, foil and finished products such as Korrugal construction sheet and automotive products; sales to the building industry, transport and engineering and to the packaging and consumer goods industries

Parent Company: A member of the Granges Group, ultimate parent Electrolux AB

Subsidiaries/Associated Companies: Korrugal AB; NordFoil AB; Skandinaviska Aluminiumprofiler AB; Granges Aluminium Metall AB; Avesta Aluminium AB; Pressmetall AB; Heatex AB; Granges Metallvarnhusel AB, Sweden; Modern Structural Plastics Ltd; Thornville Industrial Group; Korrugal Ltd; Design & Construction Ltd, UK; Oy Aluma AB, Finland; Korrugal A/S, Norway; Odense Flexible ApS; SAPA A/S; Granges Denmark A/S, Denmark; Granges Aluminium SA, France; Sapa Aluminium Profile GmbH; Granges Aluminium GmbH, Germany; Scandex NV, Netherlands


Group sales turnover Profit before tax· Profit after tax Retained (loss) Earnings per share Share capital Shareholders funds ·and appropriations

Principal Shareholders: Granges AB No of Employees: 6,042

31.12.84 SKr'OOO

3,371,000 313,000 307,000 (30,000)

68.04SKr 230,000 395,000

GRANGES METALLVERKEN AB Ostra Ringvagen 4, S-721 88 Vasteras Tel: 21/19 80 00 Cable: Metallverken Telex: 40730 metalv s Telefax: 21/198 041

Board of Directors: Gosta Bystedt (Chairman)

31.12.85 SKr'ooo

3,679,000 193,000 183,000 (30,000)

41.95SKr 230,000 431,551

Management: Lennart Gustafsson (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of copper and copper alloy semis as strip, sheet, plate, foil and bars; thin copper and brass strip for automobile radiators and heaters

Parent Company: Outokumpu Group, Finland (from January 9th 1986)

Subsidiary Companies: Johnson Metall AB; Granges Metallverken Nederland BV (Netherlands); Metallwerken Inc (USA




1984 SKr'ooo

2,673,800 133,800

1985 SKr'ooo

2,501,900 113,700

156

GRANINGEVERKENS AB 873 00 Bollstabruk Tel: 0612/205 00 (Bollstabruk); 08/2301 35 (Stockholm) Telex: 71242 GEVABUS

Board of Directors: Erik Ehn (Chairman) Management: Ingemar Ohm (Managing Director) Senior Executives: Lars Ensloef, Sten 0 Hilding, Kristar

Fahlgren

PRINCIPAL ACTIVITIES: Pulp, timber; electric power generation and distribution

Trade Names: Utansjo, Bolista Subsidiary Companies: Utansjo Bruk AB (Pulp); BV Houtimport

van Wessem (Netherlands) (Timber) Principal Bankers: Nordbanken; SE-banken Finaneiallnformation:

Sales turnover Profit before tax(1) Profit after tax Dividends Dividends per share Earnings per share(2) Share capital Shareholders funds (1) and appreCiations (2)50% tax

31.12.84 SKr'ooo 933,000 232,000

34.000 44,000 50SKr

132SKr 440,000 688,000

Principal Shareholders: Skanska AB (29%) No of Employees: 1,157

GULLFIBER AB Box 501, 260 50 Billesholm Tel: 042/840 00 Cable: Gullfiber Telex: 72287 gUllbii s

31.12.85 SKr'OOO

1,166,000 298,000

44,000 48,000 55SKr

117SKr 440,000 689,000

Board of Directors: Per Lindberg (Chairman) Management: J Bertil Lundell (Managing Director) Senior Executives: Leif Bjorklund, Lars Granse, BOrje Hesslevik,

Willy Malmros, Jan Lovstrom, Ralf Tschannen

PRINCIPAL ACTIVITIES: Manufacture of mineral wool insulating materials, acoustic materials and hearing protectors

Trade Names: Gullfiber, Gullfiber Acoustics, Gullfiber Auto Products, BUsom, PIAB, Gedevelop

Subsidiary Companies: Bilsom AS; Gullfiber Akustik AB; Gedevelop AB; PIAB Plat & Isolering AB

PrinCipal Bankers: Handelsbanken Financial Information:

Sales turnover Profit before tax Profit after tax· Retained profit Dividends Dividends per share Earnings per share Share capital Shareholders funds· • Adjusted for deferred tax

1984 SKr'ooo

1,196,000 85,400 43,000 19,100 16,100 14SKr 37SKr

115,000 190,000

Principal Shareholders: AB Industrivarden; Compagnie de Saint-

Gobain No of Employees: 1,800

GUNNAR DAFGARD AB See DAFGARD, GUNNAR, AB

GUNNEBO AB 590 93 Gunnebobruk Till: 0490/231 00 Cable: Gunnebo. Vilstervik Telex: 3910 gunnebo s

Board of Directors: Per Lindberg (Chairman) Management: Ingemar Asplund (Managing Director)

PRINCIPAL ACTIVITIES: Iron, steel and ferro alloy production; manufacture of industrial fasteners, nails, wire, screws, chain and fencing

Trade Names: Gunnebo AB Subsidiary Companies: Gunnebo Ltd (UK); Gunnebo GmbH

(Germany); Gunnebo SA (France); Gunnebo Corporation (USA); Gunnebo A/S (Norway); A/S Gunnebo (Denmark); Gunnebo AWS GesmbH (Austria); Gunnebo BV (Netherlands)



1984 SKr'OOO 815,000

12,100 7,900

13,900 5,600

3.20SKr 10.00SKr

44,200 30,300

Principal Shareholders: AB Industrivarden, Stockholm No of Employees: 1,477

GUSTAVSSERG AS Fack 134 00 Gustavsberg Tel: 0766/39 100 Cable: Gustavsbergs, sth Telex: 11267 gebergs s

Board of Directors: Leif Lewin (Chairman) Management: Sture Erixon (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of sanitary ware; bath tubs; pumps; china; artware; plastiCS

Parent Company: KF Industri AB Subsidiary Companies: Combae AB; Oy Gustavsberg AB;

Gustavsberg USA Inc; LEDA SA Principal Bankers: Handelsbanken Financial Information:

Sales turnover


GYPROC (AS) Grynbodg 7, Box 505, 201 25 MalmO Tel: 040/161 20 Cable: Gyproc Telex: 33185 gyproc s

Chairman: S Borelius

1984 SKr'OOO 698,000

Directors: V Banheden (Managing Director)

1985 SKr'OOO 760,000

Senior Executives: T Hemborg (Financial Manager), J Schultz (Marketing Manager), G SchOn (Production Manager), R Ohman (Development Manager)

PRINCIPAL ACTIVITIES: Supplies the building market with plasterboard and supplementary products and knOW-how in light construction techniques

Trade Names: GYPROC Parent Company: Industri AB Euroc Subsidiary Companies: Gyproc A/S (Denmark); Gyproe Oy

(50%) (Finland); Leaseroc Finans AB (Sweden) Principal Bankers: SE-Banken Financial Information: Gyproc Group

Group sales turnover Share capital


31.12.84 SKr'OOO 470,000 45,000

31.12.85 SKr'OOO 483,000

45,000

157

SWEDEN

HAGGLUND & SQNER (AS) Box 600, 891 01 OrnskOldsvik Tel: 0660/800 00 Cable: Hagglundsoner Telex: 6051 haegg s

Chairman: Bert Olof Svanholm Executive Committee: B SOdersten (Managing Director), S

Wahlberg (Finance Director), J Hallin (General Manager, Vehicle Division), S Bjorkmann (General Manager, Production and Purchasing), E Ohman (General Manager, Personnel), B Strom (General Manager, Marine Division), J-E Fransson (General Manager, Drives Division), N-E Martensson (General Counsel), C Spens (General Manager, Offshore)

PRINCIPAL ACTIVITIES: Manufacture of machinery for a variety of applications including, mining, tunelling, ships' cranes and decks; hydraulic motors; hydrostatic transmissions; rail vehicles; armoured vehicles; defence material

Trade Names: Hagglunds Parent Company: ASEA AB, Sweden Subsidiary Companies: ASEA Hagglunds (UK) Ltd (UK); Prinoth

SpA (Italy); ASEA Hagglunds SpA (Italy); Nordsystem Consulting AB; ASEA Hagglunds A/S (Norway); ASEA Hagglunds GmbH (Germany); ASEA Hagglunds (HK) Ltd (Hong Kong); Hagglunds Japan Inc (Japan); ASEA Hagglunds Inc (USA)


Sales turnover Profit before tax" Profit before tax Net profit Dividends

Share capital Shareholders funds "and allocations


HALLANDS LANTMAN Box 88, 311 01 Falkenberg 1 Tel: 0346/142 00

31.12.84 SKr'OOO

1,458,318 138,245 22,723

8,898 9,500

50,000 241,635

Management: N Skog (Managing Director)

31.12.85 SKr'OOO

1,448,261 94,348 4,104 2,000

110,000 298,268

PRINCIPAL ACTIVITIES: Trade in animal feedstuffs, food products and forestry products


Sales turnover


HALLSTROM & NISSES SYGG AS Tullg. 18,851 84 Sundsvall Tel: 060/15 58 00 Cable: Hallstrom & Nisses Telex: 71388 hnbygg s

1984 SKr'OOO 984,480

Management: Bernhard Ahlinder (Managing Director)

PRINCIPAL ACTIVITIES: Building and civil engineering contractors

PrinCipal Bankers: Sundsv-banken Financial Information:

Sales turnove


1984 SKr'OOO 706,420

SWEDEN

HALMSTADS JARNVERKS AB Box 119, 301 03 Halmstad Tel: 035/109500 Cable: Welbond Telex: 38081 welbond s

Board of Directors: Daniel Johannesson (Chairman) Management: Lennart Ahlgren (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of reinforcing steel wire, prestressed concrete wire, wire mesh

Parent Company: AB Invik (100%) Principal Bankers: Gotabanken Financial Information:

Sales turnover


1984 SKr'OOO 726,220

HANSA OMSESIDIG SAKFORSAKRING Hansa MutualGeneral Insurance Co Flemminggatan 18, 10626 Stockholm Tel: 08/785 10 00 cable: Trygghansa Telex: 19887 Hansa s

Board of Directors: H Lowbeer (Chairman), A Akerman (Vice Chairman)

Management: CoS Giesecke, F Girdsmo, S Norin, L Rosen

PRINCIPAL ACTIVITIES: Insurance Subsidiary Companies: Trygg-Hansa Financial Information:

Premium income


HANSSON, FIRMA ELOF, Forsta Lsnggatan 19,41327 Goteborg Tel: (46) 031/85 60 00 Cable: Elofhans Telex: 2530 elofha s

Chairman: Bo-Elof Hansson

1984 SKr'OOO

3,531,000

Directors: L Brandin, Owe Forsberg, A Hedberg, A Redstedt, K Goran Bengtsson

PRINCIPAL ACTIVITIES: Export of pulp, paper, timber, building materials, equipment and accessories for the pulp, paper and board, wallboard, packaging and sugar industries, steel and steel products, metal and woodworking machinery, chemicals, housewares, import of products for the shipbuilding, engineering and processing industries, textiles, plastics and packaging machinery, building materials, food products and consumer goods

Trade Names: Eagle Brand, Globetrader Parent Company: Elof Hansson AB Subsidiary Companies: Australia, Belgium, Brazil, China,

Denmark, Finland, France, UK, Hong Kong, India, Italy, Japan, Norway, Spain, Sweden, Switzerland, USA, West Germany


Sales turnover


HASSELFORS AB 690 33 Hasselfors Tel: 0585/441 00 Cable: Hasselfors l)rebro Telex: 732 49 Peat S

1984 SKr'OOO

5,200,000

Management: Claes Hammar (Managing Director)

1985 SKr'OOO

5,715,000

158

PRINCIPAL ACTIVITIES: Manufacture of wood products; soli, peat, moss and other growing substrates

SubsidIary Companies: Hasseifors Bruks AB; Hasselfors Garden AB


Sales turnover


HELENS ROR AB Box 101, 301 02 Halmstad Tel: 035/360 00 Cable: Steel Telex: 38150 helen s

1984 SKr'Ooo 428,000

1985 SKr'OOO 497,600

Board of Directors: Kurt Mark (Chairman) Management: Dirk Nordmeyer (Managing Director)

PRINCIPAL ACTIVITIES: Wholesale metals; tubes, steel, profiles Parent Company: Otec AG (100%) Subsidiary Companies: J H Dieden; Helens Ror AIS (Denmark);

Norge Rorgruppen (Denmark); Ferroline (Norway); Helens Ror GmbH (Germany)

Principal Bankers: Gotabanken; Skandinaviska Enskilda Banken Financial Information:

Sales turnover Profit before tax Profit after tax Dividends SHare capital Shareholders funds


31.12.84 SKr'OOO 619,924

8,452 321 500

3,500 4,989

31.12.85 SKr'OOO 709,612

1,848 775 700

3,500 5,215

HELSINGBORGS MJOLKCENTRAL EK FOR Mejerigatan, 252 52 Helsingborg Tel: 042/120630

PRINCIPAL ACTIVITIES: Production of milk and dairy products Financial Information:

Sales turnover


HENNES & MAURITZ AB H&M Box 1421, 111 84 Stockholm Tel: 08/196 55 00 Cable: HENNESMAURITZ Telex: 17522 HMBUY

1984 SKr'OOO 473,080

Board of Directors: John Mattson (Chairman), Vivian Enochsson (Employee Representative), Ella Johansson (Employee Representative), Christer Magnusson, Erling Persson, Sten Wikander, Stefan Persson. Deputy Members: Eivor Bergdahl (Employee Representative), Max Felixon (Purchasing Director), Jens Ove Kristfeldt (Managing Director Rowells), Jorgen Persson (Employee Representative), Inge Stjernquist

(Director) Management: S Wikander (President), S Persson (Managing

Director)

PRINCIPAL ACTIVITIES: Retail trade including clothing for men, women and children, perfumery

Trade Names: Hennes & Mauritz Subsidiary Companies: Hennes & Mauritz Svenska AB; K E

Persson AB; AB Hennes; Ascot Konfektion AB; Beks AB; H & M Aktiesparfondforvaltning AB; Carl-Axel Herrmode AB; Rowells Postorder AB; Mauritz AB; H & M Hennes & Mauritz AIS (Norway); H & M Hennes & Mauritz AlS (Denmark); H &

M Hennes & Mauritz (Far East) Ltd (Hong Kong); H & M Hennes & Mauritz SA (Switzerland); H & M Hennes & Mauritz GmbH (Germany)

Principal Bankers: S-E Banken Financial Information:


30.11.84 SKr'ooo

2,554,000 184,400 87,600 34,000 11,810

2.70SKr 20.03SKr

109,400 242,600

Principal Shareholders: Stefan Persson; Erling Persson No of Employees: 3,937

HEXAGON AB Birger Jarlsgatan 37, S-111 45 Stockholm Tel: 08/23 52 15 Telex: 11469 Hexagon S

Chairman: Carl Siguard Roos Directors: TorbjOrn Ek (Managing Director), Wigan Thuresson

(Senior Executive Vice President), Christer Bergman (Executive Vice President, Finance)

Senior Executives: Bo Jansson (Finance Manager), Erland Roos (Strategic Analysis)

PRINCIPAL ACTIVITIES: Conglomerate; interests in building components, food processing, packaging, trading and the manufacture of plastic and rubber goods; other group interests include the manufacture of spectacle frames, shafts, handles and knobs for tools etc and sawn materials for the wood products Industry, furniture for offices, public building and homes

Subsidiary Companies: Building:- Swegon AB; Lammhults Mekaniska AB. Trading:-Hextrade AB; Bemeco AB. Food:Hemglass AB; United Wine Imports A/S. Service:- Car Park AB. Industry:-Sunnex AB; AB Cerbo; Hexagon Development AB; AB ID-Kort; Fristeds AB

Financ/allnformation:

Sales turnover Profit before tax Profit after tax Retained profit Dividends per share Earnings per share· Share capital Shareholders funds ·after net financial items

31.12.84 SKr'OOO

2,101,000 69,200 31,500 32,300

3.75SKr 14.90SKr

107,900 180,300

31.12.85 SKr'ooo

2,251,900 101,700 64,000. 64,000

2.25SKr 7.63SKr 231,300 111,000

PrIncipal Shareholders: SiifveAn AB; Custos AB; PK-Banken's Share Savings Fund


HILLESHOG AB PO Box 302, S-261 23 Landskrona Tel: 41 826060 Cable: Hiileshogseed, Landskrona Telex: 72361 HILLESH S

Board of Directors: Per Lindblad (Chairman), Sigvard Ando, Gunnar Dahlsten, Jan Forkman, Ove Mattsson, Olle Nyman, John Wall, Arne Emanuelsson, Lars Nilsson (Deputy), Lennart Gustavsson (Deputy)

Group Management: Per-Erik Persson (Group Executive), Tom Glans (Personnel/Organisation), Harald Kolmert (Finance i8nd Economics), Nils Olof Bosemark (Managing Director, HilieshOg Research, AB), John-Erik Nilsson (Managing

159

SWEDEN Director, Hilleshog Sugar Beet Seed AB), Per Ingvar Persson (Managing Director, Hilleshog Forestry AB)

PRINCIPAL ACTIVITIES: Sugar beet breeding and the production of monogerm sugar beet seed; breeding, plant production, the seed trade and the development of technical equipment for the forestry industry; research into new and improved varieties of cereals, oilseed rape and maize; gene technology

Parent Company: Cardo AB Subsidiary/Associated Companies: Hilleshogs Skogar AB;

HilieshOg Sugar Beet Seed AB; Hilleshog Forestry AB; HilieshOg Research AB; AB Semo; Seed Scan International AB (50%); AB Svedtorg (50%); KabiGen AB (25%); HilleshogKopparfors AB (50%); Kamas Westrup AB (50%); B.V. Hoilands Zweedse Zaad Mij (Netherlands); Graines FrancoSuedoises SA (France); International Forest Seed Co. (USA); Gebruder Dippe Saatzucht GmbH (Germany); The Miln Marsters Group Ltd (UK); HilieshOg Espanola SA (Spain)


Sales turnover Profit before tax Profit after tax Share capital Total shareholders equity


HOGANAS AB Box 501, S-263 01 Hoganas Tel: 042/38000 Cable: Clayworks HOganiis Telex: 72744 hbeldf s

Chairman: U Linden

31.12.84 SKr'OOO 543,376

82,445 47,859

200,000 437,803

Directors: E Geijer (Managing Director), B Ramfors, P-O Norberg, L Forsberg, F Nilsson, H Miver, J Paulssen (Employees' Representative), P Bengtsson (Employees' Representative)

PRINCIPAL ACTIVITIES: Production and distribution of refractories; wail and floor tiles; iron powder; abrasives; distribution of electricity

Parent Company: KANTHAL AB (June 1985) Subsidiary Companies: AB Hoganasarbeten; Nordvastra Skanes

Kraft AB; AB SlipNaxos Principal Bankers: Skandinaviska Enskilda Banken Financial Information:



HOLM ENS BRUK AB 601 88 Norrkoping Tel: 011/190000 Cable: Holmen Norrkoping Telex: 64360

31.12.84 SKr'OOO

1,225,900 37,600 25,000 52,900 19,600

8.00SKr 39.30SKr

127,500 575,000

31.12.85 SKr'OOO

1,285,500 107,400 83,700 60,000 24,375

10.ooSKr 37.70SKr

127,500 678,000

Board of Directors: K E ()nnesjo (Chairman), E Soderberg (Deputy Chairman), C Zetterberg (Managing), J Gripenstedt, J Karlson, F Lundberg, C Reuterskiold, W Sahlin, L G Sundblad, A Trolle-Lowen

Management: C Zetterberg (Managing Director)

SWEDEN PRINCIPAL ACTIVITIES: Production of newsprint paper,

machine-finished special grades, supercalendered magazine paper, coated wOod-containing printing paper, lignin products, fiberweb products

Subsidiary Companies: AB Ankarsrums Skogar; Bravikens Pappersbruk AB; Fastighetsaktiebolaget Konstantinopel; Holmen Kraft AB; Holmen Lignin AB; Hults Bruks AB; ScanLignin AB; Stroms Travaru AB; Wargons AB; AB Overums Skogar, Sweden; Holmen Belgium SA, Belgium; Holmen (UK) Holdings Ltd, UK; Holmen France Sari, France; Holmen GmbH, West Germany; Holmen Nederland BV, The Netherlands; Holmens Bruk GmbH, West Germany; Allied Companies: Brannalvens Kraft AB (14%); AB Gotthard Nilsson (30%); J N Jonasson Skogs AB (50%); Norrkopings Stuveri och Terminal AB (14%); Pappersgruppen A/S (10%)


31.12.84 31.12.85 SKr'OOO SKr'OOO

Sales turnover 3,371,000 3,790,300 Profit before tax 289,000 302,000 Profit after tax 63,000 17,900 Dividends 59,000 73,500 Dividends per share 7SKr 8.50SKr Share capital 412,000 429,600

Principal Shareholders: Dagens Nyheter AB; Forvaltnings AB Ratos


HSB'S RIKSFORBUND. EK FOR Fack 104 20 Stockholm Tel: 08/785 30 00 Telex: 11724 hsb coop s

Board of Directors: Bertil Nilsson (Chairman) Management: Rolf Trodin (Managing Director)

PRINCIPAL ACTIVfT1ES: Housing developments; architects; manufacture of prefabricated houses


Sales turnover


HUSQVARNA AB S-561 81 Huskvarna Tel: 036/146000 Telex: 70107 hvafx s

Board of Directors: Anders Scharp (Chairman) Management: Per-Olof Sjoberg

1984 SKr'OOO

1,490,000

PRINCIPAL ACTIVfT1ES: Manufacture of domestic electrical appliances, sewing machines

Trade Names: Husql!arna Parent Company: Electrolux AB SubSidiary Companies: Husqvarna Svenska Forsaljnings AB;

Electrolux Commercial Refrigeration AB Principal Bankers: Skandinaviska Enskilda Banken


Sales turnover Profit (loss) before tax (Loss) after tax Share capital

Principal Shareholders: AB Electrolux No of Employees: 1 ,033

31.12.84

SKr'OOO 350,000

200

82,500

31.12.85 SKr'Ooo 358,000

(120) (120)

82,500

160

IBM SVENSKA AB Oddegatan 5, 163 92 Stockholm Tel: 08/7524000 Cable: Inbusmach Telex: 12710 ibmhq s

Management: Carl-Hugo Bluhme'(Managing Director)

PRINCIPAL ACTIVITIES: Data processing equipment and services; office machines

Parent Company: IBM Corporation, USA Financial Information:

Gross income


ICA AB Odengatan 69, Box 6187, 10233 Stockholm Tel: 08/728 40 00 Telex: 19435 Telefax: +46 8 30 83 65

Management: Frans-Henrik Schartau

1984 SKr'ooo

5,832,800

PRINCIPAL ACTlVfT1ES: Parent company of a group engaged in retailing, import and distribution of goods and administration of group companies

Subsidiary Companies: ICA Eol AB; ICA Esseve AB; ICA Hakon AB; ICA Banan AB; ICA Frukt och Gronsaker AB; ICA Forlaget AB; ICA Rosteri AB; Hjalmar Blomqvist AB; BOB Industrier AB; AB Kopmannatjanst; Sjomans Textil AB; AB Svea Choklad


Sales turnover Profit before tax Profit after tax Dividend Share capital


ICA EOl AB S-412 95 Goteborg Tel: 031-83 50 00 Cable: Eolbolaget Telex: 2245 eol s

31.12.84 SKr'ooO

22,772,200 594,100 52,400

2,600 29,000

31.12.85 SKr'ooO

25,044,300 650,600 59,000 2,600

29,000

Board of Directors: Ake Bondesson (Chairman) Management: Rolf Olteng (Managing Director), Erik Groth

Eriksen (Technical Manager), Nils Fabiansson (Staff Manager), Jan-Olle Folkesson (Vice Managing Director). Olof Henningson (Vice Managing Director), Benny Averpil (Financial Manager), Ake Mansson (Controller)

PRINCIPAL ACTIVITIES: Wholesalers of supermarket merchandise

Parent Company: ICA AB SubSidiary Companies: Olegruppen AB; DS-Bolaget AB; AB A

M Wickmans Eftr; ICA ThOrett Snabbgross AB; AB Lindex; Lindex A/S; Intervideo TV-Prod-AB; Snabbgross Ost AB




1984 SKr'OOO

9,126,000 242,700

38,200 1,000

0.04SKr 13,000

Principal Shareholders: 1 ,500 supermarket owners No of Employees: 4,290 Group

ICA ESSVE AB Box 9020. 121 09 Johanneshov 9 Tel: 08/7221000 Cable: Esvebolaget Telex: 15122 ICAESVES

Board of Directors: Carl-Erik Franzen (Chairman) Management: Goran Nord (Managing Director)

PRINCIPAL ACTIVITIES: Wholesale fruit products including canned and deep frozen foods, meat and meat products, dairy foods, fish, bread and bakery products, coffee, tea. cocoa; chocolate and confectionery

Parent Company: ICA AB Subsidiary Companies: 50, mainly retail outlets Principal Bankers: Svenska Handelsbanken Financial Information:



ICA·HAKON AB 721 84 Vasteras Tel: 021/193000 Cable: Hakonbolaget Telex: 40702 hakon s

31.12.84 SKr'OOO

3,062,000 14,000 7,000

81,000 700

8SKr 9,000

86,000

31.12.85 SKr'OOO

3,395,000 19,000 7,000

87,000 700

8SKr 9,000

92,000

Board of Directors: Rolf Gustafsson (Chairman), Birger Jarl Persson (Managing Director), Eivin Johanson, Bengt Davidsson, Rolf-Erik Hjertberg, Ake Jonzon, Stig Norling, Frans-Henrik Schartau

Management: Birger Jarl Persson (Managing Director)

PRINCIPAL ACTIVITIES: Wholesale trade in fish and fish products, meat and meat products, canned and deep frozen goods, fruit and vegetables, groceries

Parent Company: ICA AB Principal Bankers: Handelsbanken Financial Information:



IGGESUNDS BRUK (AB) PO Box 15, S-825 00 Iggesund Tel: 0650/280 00 Cable: Iggesundsbruk. Iggesund Telex: 71560

1984 SKr'OOO

8,782,759 126,287 46,287 18.780

Board of Directors: Matts Carlgren (Chairman), Lennart Dahlstrom, Lars G Sundblad, Carl Kempe, J Wallander, S Bronnhagen, I Frohm,

Management: Jorgen Nordin (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of paperboard, pulp and timber products

Trade Names: Inverboard, Anchorboard, Flash Subsidiary Companies: Boxholms Forvaltnings AB; Eka AB;

Hudiksvalls Travaru AB; Iggesunds Aktiesparfondforvaltning AB, Iggesund Allwood AB; Stocka Stuveri AB; Strombacka Bruks AB: Stroms Bruks AB; Iggesund Stroms

161

SWEDEN Kartonforadling AB; Iggesund AG (Switzerland); Iggesund France SA (France); Iggesund Iberica SA (50%) (Spain); Iggesund Nederland BV (Netherlands): Iggesund Paper & Board Service BV (Netherlands); Iggesund Verkaufsgesellschaft mbH (Germany); Iggesund Holdings Ltd (UK); Noord Europese Houthandel BV (Netherlands)

Principal Bankers: Sundsvallsbanken; Gotabanken; Svenska Handelsbanken


Sales turnover Profit before tax Profit after tax Dividends Dividends per share Share capital 'plus 2SKr

31.12.84 SKr'OOO

2,874,000 389,000 265,500 41,160 12SKr'

480,200

31.12.85 SKr'OOO

2,819.600 87,800 35,900 48,000

8.57SKr 480,200

Principal Shareholders: Mo Och Domsjo (49.8%) No of Employees: 3,927 Group, 2,783 Company

IKEA SVENSKA AB 343 00 Almhult Tel: 0476-81000 Cable: Ikea Telex: 52034; 52080 ikea s

Board of Directors: Per Lindblad (Chairman) Management: Ingemar Gustafsson (Managing Director)

PRINCIPAL ACTIVITIES: Trade in textiles, furniture and carpets; department stores

Trade Names: IKEA Subsidiary Companies: IKEA Svenska Forsaljnings AB; Forsta

Fastighets AB IDEON; AB Euroform och IKEA-Ettan AB Principal Bankers: Svenska Handelsbanken Financial Information:


1984 SKr'OOO

3,123,200 32,587 12,539 11,015 8,753

350SKr 501SKr 25,000 5,000

Principal Shareholders: Ingvar Kamprad and family No of Employees: 2,121

IKO KABEL AB 51094 Grimsas Tel: 46325 74100 Telex: 36017 IKO S

Board of Directors: V Tham (Chairman) Management: H de Verdier (Managing Director), H SOderlund

(Financial Director), Y Nordqvist (Technical Director) Senior Executives: B Hanson (Export Manager), B Fahlberg

(Domestic Sales Manager), G Nilebrant (Manufacturing Manager), K 0 Astrom (Purchasing Manager)

PRINCIPAL ACTIVITIES: Manufacturing and sales of cables and wires

Trade Names: IKO Kabel AB Parent Company: ITT Svenska AB Subsidiary Companies: Aistermo Kabel AB; Jydsk Kabeal A/S

AF 1980; Standard Radio & Telefon AB; ITT Bejo Grossist AB; ITT Svenska Grossist AB; ITT Scanips AB; ITT Multikomponent AB

Principal Bankers: Skandinaviska Enskilda Banken; Gotabanken

SWEDEN Financial Information: Group figures



INCENTIVE AS

1985 SKr'OOO

1,509,335 42,027 20,913 43,797 32,000 50,000

106,591

Arsenalsgaten 2, PO Box 1723, 111 87 Stockholm Tel: 08/23 45 00 Cable: Incentive Telex: 173 71 incent s Telefax: 08-108161

Board of Directors: Sten Gustafsson (Chairman), Lars V Kylberg (President), Hans Cavalli-Bjorkman, Karl-Axel Linderoth, Sture Eckeskog, Fredrik Lundberg, Curt Nicolin, Bengt-Ola Nygren, Hans Stahle, Assar Svensson, Peter Wallenberg, Tore Burstrom (Deputy), Inge Mauritzson (Deputy)

Executive Management: Lars V Kylberg (President), Hans Fletcher (Technology), Erik Hagstrom (Finance), Thorsten Sanden (Business Development), Lennart Lindqvist (Chairman of Carl Munters and AKA Industriprodukter), Assar Svensson (Chairman of DIAB-BARRACUDA, Orrefors Glasbruk and Skega)

PRINCIPAL ACTIVITIES: Holding company with interests in building and industrial components; industrial control equipment and instruments; earth moving plant; mechanical handling equipment; automotive components

Subsidiary Companies: Energy and Heating Technology:- Tour & Andersson AS; AS Carl Munters. Measurement, Computer and Electronics:- AB Almex; AKA Industriprodukter AB; Incentive Research & Development AB; Lorentzen & Wettre AB; Metric AB. Transport Technology:- Engstrom & Nilson Maskin AB; Garphyttan Hesselman AB. Polymer Technology:DIAB BARRACUDA AB; Skega AB. General Sector:- ABUGarcia AB; AB HNJ Intressenter; AB Orrefors Glasbruk; Victor Hasselblad AB




INDUSTRI AS EUROC See EUROC, INDUSTRI AB,

31.12.85 SKr'OOO

6,847,100 376,200

70,800 198,000 43,200

4.00SKr 12.40SKr

346,000 481,600

31.12.86 SKr'OOO

6,153,000 802,000 621,000 179,000 65,000

5.50SKr 14.15SKr

346,100 1,020,900

INDUSTRIFC>RVALTNINGS AS KINNEVIK Skeppsbron 18, Box 2094, 103 13 Stockholm Tel: 08/24 54 20 Telex: 12777 Kinvik S

Board of Directors: A Westerberg, J H Stenbeck, N Landqvist (Chairman), B von Horn, C Salen, D Johannesson, 0 Klevebratt, B Lindgren

Management: Daniel Johannesson (President)

PRINCIPAL ACTIVITIES: Mixed investment trust Subsidiary/Associated Companies: Secoroc AB; Forsbacka

Jernverks AB; Svenska Motor AB; Invik 0 Co AB; Forsakrings

162

AS Atlantica; Halmstad Jarnverk AB; Comvik AB; Techvik AB; MSLA; Medvik i Sverige AB; Kinnevik International AS; Fagersta-Haak A/S; Korsnas-Marma AS; Kloster Speedsteel AB; Assuransinvest AB




31.12.84 SKr'OOO

3,609,000 52,028 27,590

341,679 28,112 10SKr

0.98SKr 281,120

1,233,000

INDUSTRIV ARDEN-GROUP Kungstradgardsgatan 16, 111 47 Stockholm Tel: 08/237830

Board of Directors: T Browaldh (Chairman) Management: Kjell Srandstrom (Managing Director)

31.12.85 SKr'OOO

4,070,000 481,809 266,549 542.678 33,824 12SKr

94.56SKr 281,868

2,218,000

PRINCIPAL ACTIVITIES: Portfolio Investment Company with holdings in major Swedish companies and subsidiaries in real estate, and building materials manufacture

Parent Company: AB Industrivarden Subsidiary/Associated Companies: Fastighets AS Fundament;

AS Inductus Principal Bankers: Svenska Handelsbanken Financial Information:

31.12.84 SKr'OOO

Group sales turnover 3,185,000 Profit before tax 210,000 Profit after tax 160,000 Retained profit 299,000 Dividends 92.000 Dividends per share 3.40SKr Earnings per share 13.30SKr Share capital 542,000 Shareholders funds 547,000

31.12.85 SKr'OOO

3,647,000 429,000 355,000 359,000 112,000 4.10SKr

12.70SKr 544.000 607,000

Principal Shareholders: Forvaltnings AB Aeolus (SCA); Investment AS Beijer; Trygg-Hansa; Pension Funds of Handelsbanken


INVESTMENT AS ASKEN See ASKEN, INVESTMENT AS,

INVESTMENT AS KINNEVIK Box 2094, 10313 Stockholm Tel: 08/24 54 20 Telex: 12777 kinvik s

Board of Directors: Daniel Johannesson (Chairman) Management: Jan Petters90n

PRINCIPAL ACTIVITIES: Trade in a wide range of products Including iron, steel and metals, agricultural supplies, motor vehicles, electrical equipment

Subsidiary Companies: AS Invik; AS Finvik; Mellersta; Sveriges

Lantbruks AS Financial Information:

Sales turnover

SKr'OOO 715,000

Principal Shareholders: Industriforvaltnings AB Kinnevik No of Employees: 2,230

INVESTMENT AS PROMOTION See PROMOTION, INVESTMENT AB,

J M BYGGNAOS OCH FASTIGHETS AB Tegeluddssvagen 100, Box 27319, S-102 54 Stockholm Tel: 08/78287 00 Cable: JIM Bygg Telex: 19115 JM Bygg S

Board of Directors: Per Lindberg (Chairman) Clas Reuterskiold (Vice Chairman), Kjell Boman, Kjell Brandstrom, Staffan Crona, Georg Danell, Ingemar HOglund, Olof Kyhlberg, Sven Larsson, Leif Lundell, Lennart Nordlinder

Management Board: Sven Larsson (Executive President), Isidor Andersson (Executive Vice President, Production), Lars Bergsten (Vice President, Finance) Per-Olof Bystrom (Executive Vice President, Real Estate), Arne Backman (Vice President, Real Estate), Staffan Lidstrom (Vice President, Land Development), Anders Nilsson (Vice President, Personnel)

PRINCIPAL ACTIVITIES: Civil engineering, construction and real estate management

Parent Company: AB Industrivarden Principal Bankers: Svenska Handelsbanken Financial Information:

31.12.84 SKr'OOO


31.12.85 SKr'OOO

2,248,700 46,000 28,000 3,516

24,484 5.75SKr

12.00SKr 85,200

616,300

Principal Shareholders: AB Industrivarden (49.7% of votes and 32.4% of shares)


JAN LIEBIG L TO See LIEBIG, JAN, LTD

JARNIA AB Box 112, 5-523 01 Ulricehamn Tel: Nat 0321/280 00; Int+46 321/280 00 Cable: jernia ulricehamn Telex: 36 152 Jernia s

Board of Directors: Stig Birgerstam (Chairman) Management: Bengt Andersson

PRINCIPAL ACTIVITIES: Hardware wholesalers; the company is owned by 310 hardware companies in Sweden

Subsidiary Companies: Luna AS Principal Bankers: Skandinaviska Enskilda Banken Financial Information:

Sales turnover


JCC

1984 SKr'OOO

1,955,230

Johnson Construction Company AB Torshamnsgatan 35,5.16385 Stockholm Tel: 08/750 3500 Telex: 13107 jcc s Telefax: 08/7511600

Senior Executives: Torsten Eriksson (Managing Director), Esbjorn Henricson (Deputy Managing Director), Sven Hamberg, Ake Danielson, Gunnar Liljestrom, Carl-Wilhelm Schmidt, Alf Algotsson, Tommy Nilsson

PRINCIPAL ACTIVITIES: Construction industry Parent Company: Nordstjernan AB (100%)

163

SWEDEN Subsidiary Companies: BINAB; JCC Fastigheter AB; Strabruken

AB etc Financial Information:

Sales turnover


JOHNSON, A, & CO HAB S-103 75 Stockholm Tel: +46 8 788 50 00 Telex: 17153 axmanag s

1985 SKr'OOO

4,700,000

Board of Directors: Antonia Johnson Morner (Chairman) Management: Goran Ennerfelt (President and Chief Executive

Officer)

PRINCIPAL ACTIVITIES: Raw materials trading including oil, coal, ores and metals; specialty oil products; industrial trading, particularly in stainless steel; east-west trade in engineering products and lubricants; trade with Nordic countries in special steels, marine products for ships and the offshore sector, sales of electrical, electronic and chemical products; financial services

SubSidiary Companies: Araliace AB; AB John 0 Backmark; A. Johnson & Co Credit AB; A. Johnson & Co (Espana) AB; A. Johnson & Co Fastighets AB (formerly Akerson & Co AB); A. Johnson & Co (India) AB; A. Johnson & Co (Japan) AB; A. Johnson & Co Uikemedels AB; Axel Johnson Chemicals AB; Axel Johnson Corp (Australia) AB; Axel Johnson Energy AB; Axel Johnson Instrument AB; Axel Johnson Marine AB; Axel Johnson Ore & Metals AB; Axel Johnson Petroleum AB; Axel Johnson Petroleum Trading AB (70%); KAB Kjelibergs AB; Kjellbergs Successors AB; AB Axel E Madsen; A J Mercator AB (60%); Handels AB Mercator; J P Myhre & Son Eftr AB; Nordisk Elektra AB; Nordisk Elektronik AB; Nya AB J Fr Brolin (60%); AB Nynas Petroleum; Svensk Teknisk Byra AB; AB Vildmannen (67%)


Consolidated turnover


31.12.84 SKr'OOO

22,800,000

JONKOPINGS LANS SLAKTERIFORENING EK FOR Box 3130, 550 03 Jonkoping Tel: 036/195700 Telex: 70011 JLS S


Sales turnover


JUVEL, AB, Box 15220, S-104 65 Stockholm Tel: (+46) 08/44 92 60 Cable: Kronkvarn Telex: 19490 kronkvarn Fax: (+46) 08-42 20 54

1984 SKr'OOO 427,000

Management: Birger Lovgren (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of cake mixes, rolied oats, cornflakes, flour, macaroni, biscuits, bread and other bakery products


Sales turnover


1984 SKr'OOO

1,350,000

1985 SKr'OOO

1,499,500

SWEDEN

KASIVITRUM AS Lindhagensg 133, 112 87 Stockholm Tel: +468 138000 Cable: Kabiochem Telex: 17065 kabi 5

Telefax: 54 80 20; 54 83 07

Board of Directors: Soren Gyll (Chairman), Alf Akerman, Ralph Edebo, Lars Kylberg, Jan Ekberg, Gunvor Johanson, Joseph Jenadri, Olle Enstam, Goran Du Rietz, Nils-Erik Alander, Johan Akerman

Management: Jan Ekberg (Managing Director), Hugo Thelin (Deputy Managing Director), Mats Pettersson (Financial Director)

PRINCIPAL ACTIVITIES: Manufacture of pharmaceuticals and diagnostic agents

Trade Names: Intralipid, Vamin, Cetiprin, Mictrol, Antithrombin, AHF Conc., Albumin, Cyklokapron, Kabikinase, Somatonorm, Sobril, Follimin/Follistrel, Gammonativ, Octonativ

Parent Company: Procordia AB

Subsidiary/Associated Companies: KabiVitrum Sverige AB; KabiGen AB (45%); KabiVitrum Nutrition AB; KabiVitrum Haematology AB; KabiVitrum Peptide Hormones AB; KabiVitrum Norden AB; KabiVitrum International AB; KabiVitrum Lipid Chemicals AB; KabiVitrum A/S (Denmark); Oy KabiVitrum Ab (Finland); AfS KabiVitrum (Norway); KabiVitrum Handelsges mbH (Austria); KabiVitrum SA (France); KabiVitrum BV (Netherlands); NV KabiVitrum SA (Belgium); KabiVitrum (UK and Eire); KabiVitrum Inc (USA); Deutsche KabiVitrum GmbH (Germany); KabiFides SA (90%) (Spain); KabiVitrum AG (Switzerland); KabiVitrum Japan Ltd (Japan)


31.12.84 SKr'OOO


Profit (loss) before tax 54,800

Profit (loss) after tax 40,300




Principal Shareholders: Procordia AB (100%) No of Employees: 2,100

KALMAR INDUSTRIES AS Box 941, S-391 29 Kalmar Tel: 0480/882 50 Cable: Kvab Telex: 43144 Kalind S

31.12.85 SKr'OOO

1,376,600 (24,800) (26,100)

94,800 220,000 146,000

Board of Directors: Gustaf Paulsson (Chairman)

Management: Sven Arnerius (Managing Director) Senior Executives: Ake Ahlstedt (Finance and Marketing),

Elisabeth Miinnich (Information)

PRINCIPAL ACTIVITIES: Manufacture of railway rolling stock, forklift trucks, transport equipment, diesel-electric locomotives and printing machines

Trade Names: Kalmar LMV AB, Kalmar Lagab AB, GMA

Parent Company: Procordia AB Subsidiary Companies: Kalmar Verstads AB; Kalmar Lagab AB;

Kalmar Nohab AB; Kalmar LMV AB Principal Bankers: Svenska Handelsbanken; SE-banken;

Gotabanken Financial Information:

Sales turnover


31.12.84 SKr'OOO 869,175

164

KAMEWA AS Box 1010, S-681011 Kristinehamn Tel: 0550/15200 Telex: 66050 kmwksms s

Management: Helge Sordahl, Sven Nylander

PRINCIPAL ACTIVITIES: Marine engineering Parent Company: Nordstjernan AB Principal Bankers: Skandlnaviska Enskilda Financial Information:

Sales turnover


KANTHAL HOGANAS AS Box 503, S-263 01 Hoganiis Tel: 46 42-385 00

1984 SKr'OOO 762,000

Board of Directors: Ulf G Linden (Chairman), Berth von Kantzow (Deputy Chairman), Peter Carlsson, Hans Cavalli-Bjorkman, Jan von Kantzow, Lars-Yngve Larson, Per-Olov Norberg (President), Hans Miver (Deputy Member), Tage Eriksson, Gunnar Svensson, Bertil Brickman (Deputy Member), Erik Aberg (Deputy Member)

Management: Per-Olov Norberg (President and Chief Executive Officer), Lars Forsberg (Executive Vice Presi~ent), Sven-Ake Henningsson (Vice President Finance), Sten-Ake Lindst~dt (General Counsel), Ernst Geijer (HCiganiis AB President), CarlErik Ridderstrale (Kanthal Electroheat, President)

PRINCIPAL ACTIVITIES: Fasteners, electrical resistance materials, precision cast products, iron and steel powder, refractory bricks, industrial grinding tools

Trade Names: Kanthal, Fibrothal, Nikrothal, Alkrothal Subsidiary Companies: Kanthal Electroheat AB; Kanthal

Development AB; Kanthal Coating AB; Kanthal A/S (Norway); Kanthal A/S (Denmark); Oy Kanthal Ab (Finland); Kanthal GmbH (Germany); Cesiwid Elektrowiirme GmbH (Germany); Kanthal SA (France); Kanthal Belgium SA/NV (Belgium); Kanthal Ltd Silicone Carbide (UK); Kanthal Ltd Heating Technology Division, Bimetals and Controls Division (UK); Kanthal Ltd Furnace Products Division (UK); Societa Italiana Kanthal SpA (Italy); Kanthal SA (Switzerland); The Kanthal Corporation (USA); Kanthal Brasil Ltda (Brazil); Kanthal Australia Pty Ltd (Australia); Kanthal-Gadelius K K (Japan); Kanthal India Ltd (India); Kanthal Electroheat (S.E.A.) Pte Ltd (Singapore); Kanthal Electroheat (HK) Ltd (Hong Kong). Hoganas:- Hoganiis AB; SlipNaxos AB; NVSK AB; AB Hoganiisarbeten; Hoganiis Industriprodukter; Hoganiis Metallurgi; CIPS; Coldstream SA (Belgium); Ph Oskar Weiss GmbH Diamantwerkzeug-Fabrik (Germany); Hoganas A/S (Denmark); Hogiiniis A/S (Norway); Oy Hoganiis Ab (Finland); Hoganiis M.E.P.P.I. SA (France); HCiganiis GmbH (Germany); Hoganiis (Great Britain) Ltd (UK); Hoeganaes Corporation (USA); Hoganiis Gadelius K.K., Gadelius Industrial Supply (Japan). Other operations:- Hallstahammar Stal AB; Hallstahammar Steel (UK) Ltd (UK); Kanthal Casting AB; Ramniis AB; Ramniis A/S (Norway); Ramniis Ltd (UK); Bulten AB; Improvator AB


Sales turnover Profit before tax Profit after tax Dividends Dividends per share Earnings per share Share capital Shareholders funds "after bonus issue August

1986


31.12.84 SKr'OOO 974,000

93,000 22,000 11,000

4.00SKr 19.05SKr

218,000 433,000

31.12.85 SKr'OOO

1,671,000 168,000 33,000 11,000

5.00SKr 29.65SKr 273,085" 434,000

KARLSHAMNS OLJEFABRIKER (AB) Viistra Kajen, 292 00 Karlshamn . Tel: 0454/82000 Cable: Oljefabrik, Akofab Telex: 4510 akofab s

Management: Crister Ahlund (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of vegetable and animal oils, fatty acids, feedstuffs, special products for the bakery, food, confectionery and paint industries, margarine, ice cream and almond paste

Parent Company: K F Industri AB Financial Information:

Sales turnover


KEMI-INTRESSEN AB Box 6018, 172 06 Sundbyberg 6 Tel: 08/28 91 60 Cable: Sodium Telex: 10048 sodium s

Chairman: Ove Mattsson Directors: Lars-Uno Larsson

1984 SKr'OOO

1,957,000

PRINCIPAL ACTIVITIES: Wholesale pharmaceuticals, medical supplies, industrial chemicals, animal feedstuffs and agricultural chemicals

Parent Company: Nobel Industries Sweden AB Principal Bankers: Skandinaviska Enskilda Financial Information:

Sales turnover Profit before tax Retained profit Earnings per share Share capital Shareholders funds

31.12.84 SKr'ooO 280,000

31.12.85 SKr'OOO 243,000

4,000 4,000

400SKr 1,000

200

Principal Shareholders: Nobel Industries Sweden AB No of Employees: 88

KF Kooperativa F6rbundet Box 15200, 104 65 Stockholm 15 Tel: 08/743 1000 Cable: Kooperatlva Telex: 19490

6,500 6,500

650SKr 1,000

200

Board of Directors: Hans Alsen (Chairman), D Andersson (Deputy Chairman), A Lundqvist, L Pettersson

Management Committee: L Lewin (Executive President), B-A Ericsson, A Zetterstrom, S Lundahl, E Forsberg, L Marcus, P Sahlin, K Scharf

PRINCIPAL ACTIVITIES: Wholesaler, producer and distributor of a wide range of goods through retail outlets operated by local consumer societies. Parent company to KF Industri AB, an industrial group with companies engaged among others in forestry, materials handling equipment, sanitary goods, plastics, tyres, PVC-sheeting, fats and oil, margarine

Subsidiary/Associated Companies: Flskeby AB; Bygg-och & Transportekonomi; AB Karlshamns Oljefabrlker; .Glslaved AB; AB Gustavsberg



31.12.84 SKr'Ooo

26,430,400 302,900 47,200

305,300

165

SWEDEN Principal Shareholders: Owned by the Swedish Consumer Coop

Retail Societies No of Employees: 64,350

KLIPPANS FINPAPPERSBRUK AB Skogsudden, S-35189 Viixjo Tel: +46 (0) 470 89000 Telex: 52031; 52096 Sodraux s Te/efax: +46 (0) 47015209

Board of Directors: Rune Brandinger (Chairman) Management: Kay Frodin (Managing Director) Senior Executives: Henry Wernberg (Marketing), Harald Franzen

(Development)

PRINCIPAL ACTIVITIES: Manufacture of wood-free coated and uncoated printing and writing papers, speciality papers and base papers for copying

Trade Names: Kaskad, Sweprint, Swelite, Scandia, Bikupan Handmade Paper

Parent Company: Sodra Skogsiigarna AB Subsidiary Companies: Svenskt Papper AB Principal Bankers: Skandinaviska Enskilda Financial Information:

Sales turnover Profit" Share capital "after financial income and

expenses

31.12.84 SKr'OOO 615,000 30,000 71,250

Principal Shareholders: SOdra Skogsagarna AB No of Employees: 830

KMWAB S-651 88 Karlstad Tel: 054/1700 00 Cable: Verkstaden Telex: 66180 kmwks s Te/efax: +46 54 184599

31.12.85 SKr'Ooo 589,000 60,000 71,250

Board of Directors: Bjorn Segerblom (Chairman), Bo Ax:son Johnson, Lars G Sundblad, Berti! Hansson, Lars Hedenskog (PreSident). Deputy Members: "Ake Gustavsson, "Lars Heed, "Jan-Olov Skeppstedt, "Lars-Goran Johnson, "Representative of the Employees

Management: Lars Hedenskog (President), Leif Forsberg (Finance), Tommy Pelsenius (Group Contro"er), Erik Berg (Administration and Personnel), Carl Olof Hammar (KMWDATA), Hans Obstfelder (Purchasing), Gosta Ingemarsson (KMW Development Center), Ingemar Forsslund (Pulp and Handling Technology), Erik Nykopp (Paper Machinery Division), Krister Bruun (Board Machinery Division), Mats Nilsson (Foundry Division), Jan Asplund (Manufacturing Division)

Senior Executives: Leif Forsberg

PRINCIPAL ACTIVITIES: Manufacture of maChinery and systems for the pulp, paper, fiber and particleboard industry

Parent Company: Nordstjernan AB, Stockholm Subsidiary Companies: KMW Erjo AB; KMW Energi AB; KMW

Serman SA (France); KMW Corp (USA); KMW Systems Inc (USA); KMW Inc (Canada); KMW Systems Pty Ltd (Australia) and offices in Singapore and Hong Kong


Sales turnover (Loss) before tax (Loss) after tax Share capital Total equity


31.12.84 SKr'OOO 839,651

(4,193) (1,695) 15,000 52,954

SWEDEN

KOCKUMS MARINE AB S-20555 Malmo Tel: +46 40/3480 00 Cable: Kockumsverkstad mal moe Telex: 33190 Kockum S Telefax: +46 40 973281

Board of Directors: Olof Lund (Chairman) Management: Paul Palsson (President), Roger Sprimont

(Executive Vice President), Rolf Akerman (Senior Vice President)

PRINCIPAL ACTIVITIES: Submarines, underwater technology; heavy engineering products

Trade Names: Kockums Parent Company: Swedyards Corporation Subsidiary Companies: Kockums Engineering AB Principal Bankers: Skandinaviska Enskilda Banken Financial Information:

Sales turnover Profit before tax Share capital 'estimated

Principal Shareholders: State owned No of Employees: 750

KONE GRUPPEN I SVERIGE 163 966 Spanga Tel: 08/752 35 00 Telex: 13881 Kone s Telefax: 08-7508645

31.12.87' SKr'OOO 500,000

20,000 75,000

Management: Lauri Hintikka (Managing Director)

PRINCIPAL ACTIVITIES: Marketing, installation and service of lifts and escalators

Parent Company: Kone Oy, Finland Principal Bankers: Handelsbanken; Skandinaviska Enskilda Financial Information:

Sales turnover


KONSUM VAST EK FOR

1984 SKr'OOO

1,152,000

Kristinelundsgatan 13, Box 53193, 400 15 Goteborg Tel: 031/81 0860

Management: R Mathson (Managing Director)

PRINCIPAL ACTIVITIES: Cooperative society trading through department stores, superstores, variety chain stores and supermarkets


Sales turnover


1984 SKr'OOO

1,416,570

KONSUMENTFORENINGEN SOLI DAR EK FOR See SOUDAR, KONSUMENTF~RENINGEN, EK F~R

KONSUMENTFORENINGEN STOCKHOLM M.O.EK FOR Konsum M Ladulasgatan 19, Box 4050,10261 Stockholm 4 Tel: 08/7435000

Management: 0 Andersson (President), W Jonsson (Managing Director)


166


Sales turnover


1984 SKr'OOO

5,044,500

KONSUMENTFORENINGEN VARMLAND Box 1004, Tingvallagaten 21, 651 15 Karlstad Tel: 054/18 72 00

Board of Directors: s-A Ericson, L Johansson, B Ronndahl Management: B Ronndahl


Trade Names: Konsum Varmland Parent Company: KF Principal Bankers: KF Financial Information:

Sales turnover Profit before tax Profit after tax Retained profit Dividend Dividend per share Share capital Shareholders funds


KOPPARFORS AB 816 00 Ockelbo Tel: 0297/409 00 Cable: Kopparfors Gavle Telex: 47024 Kopfors s

1985 SKr'OOO

1,309,223 39,787 39,951

4,209 41,659

3.0% 16,180 82,355

1986 £'000

1,429,275 43,857 43,168 2,147

42,645 2.8%

16,431 88,182

Board of Directors: Peter Wallenberg, Rune Persson, lngmar Eidem, Sven Soderberg, Alf Akerman, Stig Jonsson, Sune Lindblad, Johan Gripenstedt, Jan Bonde, Marcus Wallenberg, Stig Stockselius, Alf Lovstrand

Management: Per Knuts (Managing Director)

PRINCIPAL ACTIVITIES: Timber industry; forestry, production of sawn lumber

Parent Company: AB Papyrus Subsidiary Companies: Norrsundet Bruks AB (50%); Papyrus

Kopparfors AB (42%); Hilleshog Kopparfors AB (50%) Principal Bankers: Skandinaviska Enskilda Financial Information:

Group sales turnover Profit before tax' Profit after tax' Share capital Shareholders funds 'and appropriations


KORSNAS-MARMA AB S-801 11 Gavle Tel: 026/15 10 00 Cable: Korsnas Gavle Telex: 47030; 47031; 47124

31.12.84 SKr'ooo

1,135,249 165,027 28,009

350,000 448,000

Board of Directors: Nils Landqvist (Chairman) Management: Lennart Ahlgren (Managing Director)

31.12.85 SKr'OOO

1,029,551 73,113 35,462

350,000 448,000

Senior Executives: Gosta Persson (Sales Director, Board, Paper and Pulp), Hans-Birger Lofgren (Sales Director, Sawn Timber)

PRINCIPAL ACTIVITIES: Manufacture of paper and packaging; sulphate pulp; timber; chemicals; production of electricity

Subsidiary/Associated Companies: Dala-Ljusna AB; Gimo AB; Korsnas AB; Marma-LAngrors AB; Korsnas SAgverks AB; Stromsnas Bruk AB; AB Stjernsunds Bruk; Byggnadsmark AB; A & S Henry & Co (Paper Sacks) Ltd (UK); Flexer Sacks Ltd (UK): Korsnas Paper Sales Ltd (UK); Korsnis GmbH (Germany): Papiersackfabrik Junemann GmbH (Germany): Wilhelmstal-Werke GmbH Papiersackfabriken (Germany)


31.8.84 31.8.85 SKr'OOO SKr'OOO

Sales turnover 2,422,057 2,751,453 Profit before tax 280,837 193,524 Profit after tax 222,155 91,592 Retained profit 58,146 226,449 Dividends 56,794 64,836 Dividends per share 10.50SKr 12.00SKr Earnings per share 41.00SKr 44.00SKr Share capital 546,133 Shareholders funds 170,189

Principal Shareholders: Industriforvaltnings AB Kinnevik No of Employees: 4,551

KRISTIANSTAD-BLEKINGE SLAKTERIFORENING Box 568, S-291255 Kristianstad Tel: 044/126000 Telex: 48038 kbs s

Management: H Andersson (Managing Director)

546,133 173,091

PRINCIPAL ACTIVITIES: Slaughter of animals and production of meat


Sales turnover


1984 SKr'OOO

1,540,800

KULLENBERG, YNGVE, BYGGNADS AB S-403 32 Gothenberg Tel: 031-81 5 00 Telex: 21760 Kbygg S

Board of Directors: Governor Erik Huss (Chairman) Management: Rolf Ericsson (Managing Director)

PRINCIPAL ACTIVITIES: Building and Civil engineering Subsidiary Companies: Lindahl Byggnads AS; Kullenberg

Markbostader AB; Kullenberg Ombyggnader AS; Jiirphag Unenge AB: Vngve Kullenberg Maskin AS

Principal Bankers: Skandinavlska Enskilda Banken Financial Information:

Sales turnover


KUNGSORNEN AB Box 4181, 10262 Stockholm Tel: 08/84 05 60 Cable: Kungsornen Telex: 19461 Kungsoe s

1984 SKr'OOO 915,000

Management: Hans Gotdahl (Managing Director) Senior Executives: Axel Rydin (Marketing Director)

PRINCIPAL ACTIVITIES: Production of grain and flour, pastas, cake mixes and sales of Corn Flakes

Trade Names: Kungsornen, Axa, Turelli, ViirgArda, Kellogg's Parent Company: Svenska Lantmiinnens Riksfarbund (SLR) Subsidiary Companies: AB Skogaholms Brad; AB Nord Mills;

KfIlfllAB

167


Sales turnover

1985 SKr'OOO 783,000

KUWAIT PETROLEUM SVENSKA AB Box 1296, 171 25 Solna Tel: 08/799 01 00 Telex: 10013 kupve s

1986 SKr'OOO 822,000

PRINCIPAL ACTIVITIES: Trade in petrol and petroleum products

Parent Company: Kuwait Petroleum Corporation, Kuwait Financial Information:

Sales turnover


31.12.84 (12 mths) SKr'OOO

2,675,100

30.6.86 (18 mths) SKr'OOO

4,230,000

LANDSTINGENS INKQPSCENTRAL LlC EK. FOR Svetsarvagen 20, 171 83 Solna Tel: 08/98 10 60 Cable: Licentral Telex: 10528 Iic s

Board of Directors: Oswald Fritz (Chairman)

PRINCIPAL ACTIVITIES: Trade in textiles, chemicals, paints, varnishes, electric motors and equipment, photographic and optical eqUipment, office machinery and equipment

Principal Bankers: PK-banken Financial Information:

Sales turnover


1984 SKr'OOO

1,458,220

LANTMANNEN I SORMLAND EK. FOR Box 155, 611 24 Nykoping Tel: 0155/172 20 Cable: Lantmiinnen

Management: G Blomkvist (Managing Director)

PRINCIPAL ACTIVITIES: Wholesale trade in agricultural chemicals, fertiliser and grain

PrinCipal Bankers: Skandinaviska Enskilda Financial Information:

Sales turnover


LB-HUS AB Box 67, 295 00 Bromolla Tel: 0456/28030 Telex: 48134 Ibhus s

1984 SKr'OOO 966,140

Board of Directors: Arne Lundkvist (Chairman) Management: Leit Johansson (Managing Director) Senior Executives: L Johansson, R Sturup, A Persson, R

Gustavsson

PRINCIPAL ACTIVITIES: Timber industry; manufacture of prefabricated wooden houses

Subsidiary Companies: LB-Hus Finans AS: LB-Hus Byggnads AB; Byggnads AB Molin & Bjorkman, Sweden

Principal Bankers: PK-banken; Skandinaviska EnskUda


Sales turnover

Principal Shareholders: ABV No of Employees: 570

LEO-KONCERNEN Fack 251 00 Helsingborg

Tel: 042/12 06 00 Cable: Leo Vaxel

Telex: 72533 leoswed s

1985 SKr'OOO

310,000

Management: Per Schyberg (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of pharmaceutical products


Sales turnover


LIEBIG, JAN, LTD

1984 SKr'OOO

751,000

Kungsportsavenyn 34, Box 254, 401 24 Goteborg

Tel: 031/81 0500

Cable: Janli Telex: 21489; 2546 janli s

Senior Executives: L Ungerth

PRINCIPAL ACTIVITIES: Export of timber, paper products and plastics


Sales turnover

No of Employees: 40

L1NJEFL YG AB Box 20150, S-16120 Bromma

Tel: 08/24 00 20 Cable: Linaero

Telex: 19165 linair s

Management: Jan Carlzon (Managing Director)

1984

SKr'OOO 1,004,400

PRINCIPAL ACTIVITIES: Air transport, passengers and freight

FinanCial Information:

Sales turnover


LINKOPIA-EXPERT Roxengatan 11, 581 01 Linkoping

Tel: 013/10 24 40

Telex: 50024

Telefax: 013/130700

31.12.84

SKr'ooo 1,370,920

Board of Directors: Hans Olsson (Chairman) Management: Thore Hagald (Managing Director)

PRINCIPAL ACTIVITIES: Photo finishing, importer of electronic goods, photographic equipment, radios, televisions, videos, retail chain

Trade Names: Konica, Sigma, Silver

Principal Bankers: PK-Banken

168


Sales turnover(l) Sales turnover(2) Profit before tax Share capital (l)retail (2)wholesale and photo finishing

1986 SKr'OOO

1,200,000 450,000

9,000 12,000

No of Employees: 600 (wholesale and photo finishing); 1,000 (Retail)

LITH ELLS (AB) 690 72 Skollersta Tel: 019/23 01 60 Telex: 73370 AB Lithells

Board of Directors: GOran Linden (Chairman) Management: Soren Lithell (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of meat products including sausages, sausage meat, tinned sausages and hamburgers

Trade Names: AB Lithells, Kumla-Korv, Sibylla Parent Company: Volvo AB Subsidiary Companies: Primefood AG; Fvra Styckare AB Principal Bankers: Skandinaviska Enskilda Financial Information:

Sales turnover


LKB-PRODUKTER AB Box 305, S-161 26 Bromma 1 Tel: 08/980040 Cable: Ultraproduct sth Telex: 10492 Ikbprod s

31.12.84 SKr'OOO

1,605,000

31.12.85 SKr'ooO

1,727,000

Board of Directors: Dr Halvard Liander, Dr Sven Brohult, (Honorary Members of the Board), Dr Hans Stahle (Chairman), Lars V Kylberg (Vice Chairman), Torsten Lindstroem, Dr Sune Bergstroem, Stig Stendahl (PreSident), Ake Lundqvist, Dr Gunnar Blrke, Ove Sundberg, Kemal Panriti, Vilhelm Ljungberg, Hans Fletcher (Deputy Member), Rolf Israelsson (Deputy Member), GOran Erson (Deputy Member)

Group Management: Stig Stendahl (PreSident), Derek B Eastell (Vice PreSident, Sales), Axel Broms (Vice PreSident, Research and Industrial), Tom Morrison (Vice President, Clinical Systems), Frank J Seminerio (President, LKB Inc), Mikael Odlund (Director, Finance), Jan Isoz (Director, External Relations)

PRINCIPAL ACTIVITIES: Development, manufacture and marketing of instruments and reagents for biochemistry, analytical chemistry, biotechnology and clinical chemistry

Trade Names: Ampholine, Arcus, CompuGamma, Delfia, Immobiline, KnifeMaker, Macromould, Macrophor, MiniGamma, MultiGamma, MultiPerpex, Multiphor, Perpex, VarioPerpex, RackBeta, RackGamma, RediRac, Tachophor, Tachofrac, Trispac, UltroChrom, Ultromould, Ultrodex, Ultropac, UltroSpin, Uvicord, Ultrogel, Ultrograd, UltroRac, Ultrotome, Uniphor

Parent Company: Incentive AB SubSidiary Companies: LKB Inc; LKB-Produkten BV; LKB

Instruments Ltd; LKB-Pribori AB; LKB Instruments A/S; LKB Instrument Ges mbH; LKB Strumenti SpA; Wallac Oy; LKB Instruments SA; LKB Instrument GmbH; LKB Instrument NV SA; LKB Sverige AB; LKB Far East Ltd; LKB Sartorius AB; LKB-Instrument AG; IRD Biomaterial AB; LKB (Japan) Ltd; Sitrac AB



Sales turnover 817,000 996,400 Profit before tax' 83,300 97,900 Profit after tax 27,100 32,300 Retained profit 41,200 52,100 Dividends 9,000 13,000 Dividends per share 2.25SKr 3.25SKr Earnings per share 10.41SKr 12.23SKr Share capital 80,000 80,000 Shareholders funds 213,600 236,800 'and appropriations

Principal Shareholders: Incentive AB; The National Swedish Pension Insurance Fund; The Fondspar Share Investment Fund; Capital Guardian Trust


LUNA AB Goteborgsv 16, 441 80 Alingsas Tel: 0322/730 00 Cable: Luna Telex: 2409 luna s

Board of Directors: Gunnar Lindahl (Chairman) Management: Eric Engstrom (Managing Director) Senior Executives: K Johanson, C-J Lindahl

PRINCIPAL ACTIVITIES: Import, export and wholesale trade in machinery and tools

Parent Company: Jarnia AB, Sweden Subsidiary Companies: MekanLuna AB; Norsvemas AB;

VerkstSdernas Inkop i Eskilstuna AB; Luna Norge A/S (Norway); A/S Luna Vaerktl!lj & Maskiner (Denmark); Lindahl & Nermark GmbH (Germany); Lindahl & Nermark Marketing GmbH (Germany)


Sales turnover


LUNDBERGKONCERNEN Box 2157, 600 02 Norrkoping Tel: 011/186080

31.12.84 SKr'OOO 782,950

Board of Directors: L E Lundberg (Chairman), F Lundberg (Managing Director), Kurt Palsson, Eva Hamren-Larsson, U Goran Calmfors .

PRINCIPAL ACTIVITIES: Construction industry Subsidiary Companies: Interteg Fastighets AB; Ostergotlands

Rorlednings AB; Svea-Dana Bygg AB; Fastighets AB Pariteten; Fastighets AB Korallen; AB Norrkapings Cementvarufabrlk; Varahuset Karnan AB; Tolls Byggnads AB


Sales turnover


1984 SKr'OOO 874,300

LUOSSAVAARA-KIIRUNAVAARA AB LKAB Box 58, S-951 21 Lulea Tel: 0920/38000 Cable: loussavara Telex: 80230 Ikabkon s Telefax: 0920/195 05

Board of Directors: Bjorn Wahlstrom (Chairman) Management: Wi king Sjostrand (President), Ingemar Gustafsson

(Executive Vice President), Lars Wuopio (Executive Vice President)

169

SWEDEN PRINCIPAL ACTIVITIES: Mining and dressing of iron ore,

sulphid ores, tungsten ores; exploration, explosives

Subsidiary Companies: AB Statsgruvor; AB Svenska Forshammar; LKAB, Prospektering AB; Kimit AB; Viscaria AB

Financial Information: 1984

SKr'OOO


Profit before tax 199,000 Profit after tax 181,000 Retained profit 403,000 Dividends' 17,500 Dividends per share' 25SKr Share capital 700,000 Shareholders equity 1,481,000

'Parent Company

Principal Shareholders: Swedish Government

No of Employees: 4,922 (including subsidiaries)

1985

SKr'OOO

3,684,000 139,000

121,000 508,000

17,500

25SKr 700,000

1,584,000

MALARDALENS LANTMAN EK. FOR. Box 466, 751 06 Uppsala

Tel: 018/14 94 60 Telex: 76120 mlu s

Management: E Eriksson (Managing Director)

PRINCIPAL ACTIVITIES: Wholesale trade in agricultural equipment, fertilisers, seeds, grains and feedstuff


Sales turnover


MALARSKOG EK FOR Box 127, 751 04 Uppsala 1

Tel: 018/152080

Management: Sune Lindh (Managing Director)

1984 SKr'OOO

721,150

PRINCIPAL ACTIVITIES: Timber industry; building elements, railway sleepers, telegraph poles, impregnated wood, prefabricated wooden buildings



Sales turnover


MARABOU (AB) Allen 7, 17285 Sundbyberg Tel: 08/29 00 00 Cable: Marabou Telex: 19501 marabou s

1984

SKr'OOO 698,430

Board of Directors: L Dahlstrom (Chairman), L Nabseth, Hlikan Mogren, J Hjort, P H Osvald, P Throne-Haist, B Ostlund, S Svensson

Management: Kurth Augustson, Hans Cappelen, Hakan Mogren

PRINCIPAL ACTIVITIES: Manufacture of chocolate, confectionery, biscuits and snacks

Trade Names: Marabou, Goteborgs Kex, Estrella, Maarud

Subsidiary Companies: Goteborgs Kex AB; AB Estrella (51%); AB Bisco; Forvaltnings AB Tangri; Fastighets AB Sigismund; Marabou GmbH (Germany); A/S Maarud (51%) (Norway)

PrinCipal Bankers: Skandinaviska Enskilda Banker; Gotabanken; PKbanken


Sales turnover net Profit before tax Profit after tax Retained profit Dividends Dividends per share Earnings per share Share capital Shareholders funds

31.12.84 SKr'OOO

1,743,100 103,100 79,600

398,400 12,000

2.50SKr 10.50SKr

120,000 196,600

Principal Shareholders: A/S Freia; Hershey Int No of Employees: 2,882

MARGARINBOLAGET AB Fack 104 25 Stockholm 30 Tel: 08/54 1360 Cable: Margarin Telex: 19571

31.12.85 SKr'OOO

1,942,900 93,000 77,200

455,400 13,200

2.75SKr 7.27SKr 120,000 207,200

Board of Directors: M Lindahl, s-A Bergdahl, J H Hulshof, C Johansson, L-Y Larson, I Wenehed, J-A Delin (Deputy), B Elfgren (Deputy), T Lindahl (Deputy), B-O Osberg (Deputy), R Pelt (Deputy), B Soderman (Deputy)

Management: Bengt Ahrnstedt (Managing Director)

PRINCIPAL ACTIVITIES: Wholesale trade in margarine, edible oils and dairy products

Trade Names: Flora, Tre Ess, Milda, Melba, Solo, Primor, Linea, Jacky



1985 SKr'OOO

1,055,760 45,720

Principal Shareholders: Akron (50%); Svenska Unilevergruppen (50%)


MARTIN OLSSON L1VSMEDEL AB See OLSSON, MARTIN, LlVSMEDEL AB

MARUEBENI SCANDINAVIA AB Box 16128, 103 23 Stockholm Tel: 08/24 57 25 Cable: Marubeni Telex: 17223 beni s

Board of Directors: Gunnar Carler (Chairman) Management: Eiji Kakida (Managing Director)

PRINCIPAL ACTIVITIES: Trade in iron and steel, machinery, electronics, petroleum, chemicals, paper, production plant, food, textiles, clothing, leather, footwear etc

Parent Company: Marubeni Corporation, Tokyo, Japan Principal Bankers: Skandinaviska Enskilda; Handelsbanken Financial Information:


31.3.85 SKr'OOO

1,732,977 3,336

980 9,000

Principal Shareholders: Marubeni Corporation No of Employees: 32

MEDIA HOLDING INTERNATIONAL AB Sveavagen 21, Bpx 3272, 10365 Stockholm Tel: 08/1400 75 Cable: Adservice Telefax: 08/202664

Board of Directors: Hans Lundholm (Chairman) Management: Jan Pierre

31.3.86 SKr'OOO

1,918,843 5,579 1,778 9,000

170

PRINCIPAL ACTIVITIES: Advertising agency Subsidiary Companies: Inter Media AB; Inter Media (Norway);

Inter-Media (Denmark); Inter-Media Finland (Finland); InterMedia England (UK); Mediakanalen AB; Media Kanalen A/S Norge (Norway); Byra Finans AB Sverige; Byrafinans A/S Norge (Norway); Jentell Information AB; Text Data AB



30.6.85 30.6.86 SKr'OOO SKr'OOO

13,509 10,612 11,466 5,177 5,216 74

17,072 9,358 600

0.3SKr 200 200

12,811 12,396

Principal Shareholders: Jorgen Springfeldt; Amelie Springfeldt; Jan Pierre


MELLANSKOG Box 316, 801 04 Gavle Tel: 026/11 50 70 Cable: Mellanskog Gavle Telex: 8455050 Ljusdal; 8425107 Langshyttan

Board of Directors: Folke Gronvalls (Chairman), Fredrik Luhr Management: Fredrik Luhr, Ove Jacobsson, Lennart Adolfsson,

Agne Lindberg, Rolf Wiik

PRINCIPAL ACTIVITIES: Trade in timber products including lumber and soft wood

Subsidiary Companies: Lingshytte Travaru AB; Bondernas Hus i Gavle AB

Principal Bankers: Nordbanken; Foreningsbanken Financial Information:



METROBUTIKERNA AB

31.12.84 SKr'OOO 927,487

2,970 1,187

Strandbergsgatan 57, S-112511 Stockholm Tel: 08/540100 Telex: 19186 metro s

Board of Directors: C H Nordmark (Chairman) Management: Lennart Senke (Managing Director)

31.12.85 SKr'OOO 972,580

4,856 1,899

Senior Executives: B Moller, L Nyman, 0 Mattsson, L Ridoff, S Sturesson

PRINCIPAL ACTIVITIES: Retail food chain stores Financial Information:

Sales turnovQf'


MO OCH DOMSJO AB MoDo S-891 91 Omskoldsvik Tel: 0660 75000 Cable: Modomsjo Tele?C: 6054 modoe s

1984 SKr'OOO 930,000

Board of Directors: Matts Carlgren (Chairman), Bernt LOf (Managing Director), Arne Altback, Lars Dahlgren, Torsten Johansson, LII Karhola-Wettergren, Carl Kempe, Jorgen Nordin, Lars G Nabseth, Jan Wallander, Sune Westerlund

Management: Bernt Lof (Managing Director and Chief Executive Officer)

PRINCIPAL ACTIVITIES: Forestry and production of forestry products including fine paper and pulp; fibre based consumer products

Subsidiary Companies: MoDoCe11 AB; MoDoPapper AB; MoDo Konsumentprodukter AB; Bure AB; Dambi AB; Haradsskogarna AB; Harrsele Linjeaktiebolag AB Kinda Skogsprodukter; Lammbi AB; Uigerns Forvaltnings AB; Lagernskog AB; Medicare Disposables AB; MoDoHus AB; MoDo AB; Mo och Domsjo Fondaktiebolag; MoDo Converting Machinery AB; Nordsvenska Bruk AB; Svenskt Papper AB (55%); Paulistroms Bruk AB; Robertsfors AB; Swecell AB, Sweden; Mabelpap SA; MoDo Distribution NV; MoDo International Services SA; ModoPapier Belgium SA, Belgium; MoDo Brasil Comercio e Industria Ltda, Brazil; MoDo Konsumentprodukter AS, Denmark; Oy MoDoHus AB, Finland; Modocell France Sari; Mo & Domsjo France SA; Papeterie de Pont Sainte Maxence SA, France; Mabelpap Nederland BV; BV MoDo, v/h Van Gelder Papier Handelmaatschappij; MoDoPapier BV, Netherlands; MoDoCell Italia Sri, Italy; MoDo Konsumentprodukter AS, Norway; Mo & Domsjo (UK) Ltd, UK; MoDoCell Inc, USA; Modocell AG; MoDoPapier AG, West Germany


Sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per share· Earnings per share· Share capital Shareholders funds ·after adjustment for 1985

scrip issue

31.12.84 SKr'OOO

6,815,800 110,700 77,900

411,500 49,900

6.ooSKr 56.ooSKr

587,700 1,653,600

31.12.85 SKr'OOO

7,004,000 78,200 62,100

426,600 60,200

6.50SKr 32.ooSKr

783,600 1,668,700

Principal Shareholders: Kempe and Calgren Families; J C Kempe Foundation; AB Iggesunds Bruk: SM Kempe Foundation; 4th National Pension Insurance Fund


MODO KONSUMENTPRODUKTER AB Box 5415, S-11484 Stockholm Tel: +468-6700 45 Telex: 10385

Management: John Nordlund (Managing Director)

PRINCIPAL ACTIVITIES: Production and sale of tissue paper and hygiene products

Trade Names: Tissue Paper Products: Vita Lamm, Spare, Domex. Diapers and Baby Care Products: Rustlbuss, Babykinl, Bambino. Feminine Hygiene Products and Panty Shields: Femita, Sanisept, Vivette

Parent Company: Mo Och Domsjo AB Financial Information:

Sales turnover Operating profit


MODO PAPPER AB S-89191 Ornskoldsvik Tel: +46 660-750 00 Telex: 6054

1984 SKr'OOO

1,048,000 106,000

1985 SKr'ooo

1,223,000 113,000

Management: Bernt Lof (Chief Executive Officer and Acting Managing Director)

PRINCIPAL ACTIVITIES: Production and sale of fine paper and the production of sulphate pulp

171

SWEDEN Parent Company: Mo Och Domsjo AB Subsidiary Companies: Svenskt Paper; Basberg Papir (Norway);

S.A.G.F.Grifo (France); Link Paper (UK); MoDofVan Gelder (Netherlands) (All Paper Merchanting Companies)


Sales turnover Operating profit


MODOCELL AB S-891911 Ornskoldsvik Tel: 0660/750 00 Telex: 6054 modoe s

1984 SKr'OOO

3,406,000 227,000

Management: Helge Eklund (Managing Director)

PRINCIPAL ACTIVITIES: Production of pulp Parent Company: Mo Och Domsjo AB

1985 SKr'Ooo

3,733,000 253,000

Subsidiary Companies: MoDoCell Ltd (UK); McDoCell AG (Germany); McDoCell France Sari (France); MoDoCell Italia Sri (Italy); MoDoCell Inc (USA). (All pulp sales companies)


Sales turnover· External sales Operating profit • including sales to

associated companies


MOLNL YCKE AB

1984 Skr'OOO

2,927,000 2,163,000

876,000

Wallinsg 6, Molndal, 405 03 Goteborg Tel: 031/678000 Cable: Molnab Gbg Telex: 2569 mol nab s

Management: T Daun (Managing Director)

1985 SKr'OOO

2,510,000 1,805,000

150,000

PRINCIPAL ACTIVITIES: Manufacture of disposable hygiene products including baby napkins, sanitary towels and hospital supplies; production of leisure and sportswear; sewing cotton; industrial tapes; glass fibre

Subsidiary/Associated Companies: Tenson-Produkter AB; Molnlycke SA (Belgium); Molnlycke AfS (Denmark); Molnlycke France Sari (France); Molnlycke (Nederland) BV (Nederland); A/S Saba (Norway)


Sales turnover


MONARK GROUP Box 503, 432 01 Varberg Tel: 0340/86000 Cable: Monarcres Telex: 3466 mcb s

SKr'OOO 3,000,000

Board of Directors: Ingvar Wenehed (Chairman) Management: Lennart Svensson (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of bicycles, rowing boats and dinghies of fibre glass reinforced plastic and plastiC; motorcycle accessories and parts; stationary exercisers such as bicycles and rowing machines

Trade Names: Monark, Crescent Parent Company: Monark AB Subsidiary Companies: Monark-Crescent AB; Monark-Crescent

Bat AB; Maraton AB; Wasa AB PrinCipal Bankers: Handelsbanken; PK-banken



Principal Shareholders: Industri AB Kuben No of Employees: 719

MUNKEDALS AB 455 01 Munkedal Tel: 0524/170 00 Cable: Munkedalsbruk Telex: 42094 munken s

31.12.84 (16mths) SKr'OOO 505,200 42,300 3,300

48,000 22,600

Board of Directors: Jonas Forsman (Chairman) Management: G Lagenskiold (Managing Director), R LitzEtn

(Production Manager), A Nyberg (Marketing Manager), G Resmark (Purchasing Manager)

PRINCIPAL ACTIVITIES: Manufacture of printing, writing and bleached paper

Trade Names: Munken Print, Munken Book Print, Munken Copier

Subsidiary Companies: Djupafors AB; Inlands AB; Hafrestroms AB; Munkedal Papir A/S; Trebruks Marketing Ltd (UK)

Principal Bankers: Sundsvallsbanken Financial Information:

Sales turnover


MUNKSJO AB Box 624,551 18 Jonkoping Tel: 036/119400 Cable: Munksjo Telex: 70370 munksjo s

31.12.84 SKr'OOO 485,000

31.12.85 SKr'OOO 500,000

Board of Directors: Bert Sjolin (Chairman), Anders Wall (Vice Chairman), Nils Edholm, Rolf Ekedahl, Jan Sparr, Sven Westerberg, Bertil Loow (Employee Representative), Allan Johnson (Employee Representative)

Management: Rolf Ekedahl (Managing Director) Senior Executives: Per Rodert (Financial Manager)

PRINCIPAL ACTIVITIES: Paper and pulp production Subsidiary Companies: Munksjo Hygien AB; Billingsfors

Pappersbruk AB; Munksjo Kraftemballage AB; Bonis Invest AB



30.6.85 30.6.86 SKr'OOO SKr'OOO

1,460,800 1,434,300 9,900 165,600 8,200 134,500

64,200 42,200 30,300 40,400

0.75SKr 1.00SKr 4.47SKr 5.04SKr 201,900 201,900 420,300 524,500

Principal Shareholders: Investment AB Beijer (20.2%); Gotabankens Pensionsstift (3.6%); Jorgen Lind (1.6%); Linsforsikringsbolagen (1.2%); Trygg-Hansa (1.2%); SV Handelsbankens Pensionsstift (1%)


172

MYRESJO GROUP Myresjo, Box 1001, 57401 Vetlanda Tel: 0383/911 00 Cable: Myresjohus Vetlanda Telex: 3774 myresjo s

Board of Directors: Walter Bengtsson, Inge Carlsson, Einar Jirnland, Yngve Kill, Lennart Larsson, Ants Suurkuusk, Paul Andersson, Bengt Karlsson, Jan Westergren

Management: Ants Suurkuusk (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of building materials and prefabricated buildings

Parent Company: Skanska AB Subsidiary Companies: Myresjohus AB; Myresjofonster AB;

Fasadsnickerier i SAvsjo AB; Myresjakok AB; Combiglas AB Principal Bankers: Swedbank Financial Information:

Sales turnover


31.12.84 SKr'OOO 485,705

31.12.85 SKr'OOO 553,000

NEDRE NORRLANDS PRODUCENTFORENING NNP Box 362, S-831 25 Ostersund Tel: 063/14 50 00 Cable: Nordprodukt Telex: 44009

Chairman: Rune Bergfors Directors: Karl-Axel Karlsson Senior Executives: Jan Eidolf (Food Division), Stig Sellfors

(Farmers Wholesale Division)

PRINCIPAL ACTIVITIES: Food manufacturing based on dairy products and abattoirs; farmers' wholesale and technical service

Trade Names: NNP Subsidiary Companies: NNP Data AB; NNP Maskin AB; Nord

Kirnbutikerna AB; NNP Center AB; Ostersunds Fryshus AB Principal Bankers: Foreningsbanken Financial Information:

Sales turnover Profit before tax Profit after tax Retained profit Final payment" Investment capital Total capital "goes back to the 5000

members of the cooperative (mostly farmers)

31.12.84 SKr'OOO

1,561,824 2,420 1,977 1,977

16,944 54,937

108,597

Principal Shareholders: Cooperative Company No of Employees: 958

NESTE BATTERY LTD OY S-17281 Sundbyberg Tel: +468/28 91 40 Cable: accumulator stockholm Telex: 108 52 tudorst s

Board of Directors: Jussi Rinta (Chairman)

31.12.85 SKr'OOO

1,656,882 442 745 745

10,138 62,030

116,425

Management: Jorma Veikkolalnen (Managing Director), Jaakko Ihamuotila, Kai Hietarinta, Martti Airamo, Jouko Leskinen, Nils Wahlstrom

PRINCIPAL ACTIVITIES: Research and product development in the field of batteries, manufacture of and trade In batteries and other devicas and products necessary for the production, storage and use, as well as the transport of energy

Parent Company: Neste Oy, Finland

Subsidiary Companies: Tudor AB (Sweden); Pakkasakku Oy (Finland); Oy Tudor (Finland); Lyac (Denmark); Tudor Hellenic (Greece); ELBAK (Austria); Accumulatoren Fabrik Tudor (West Germany)


Sales turnover


NESTE POL YETEN AB Box 44, 444 01 Stenungsund Tel: 0303/860 00 Telex: 2402 Neste Pe S

Chairman: Bert Lindstrom

SKr'OOO 475,000

Directors: Bo G Tinnberg, Ulf H Jacobson, Leif Crafoord, Bertil Bergquist, Bo Holmgren, Ludwig Binder, Lennart Arnby, Sven Svensson

PRINCIPAL ACTIVITIES: Manufacture of high and low density polyethylene

Trade Names: NESTE POLYETHYLENE Parent Company: NESTE OY, Finland Subsidiary Companies: In UK, France, Germany, Norway,

Austria, Denmark, Italy, Netherlands and Switzerland Principal Bankers: Skandinaviska Enskilda Financial Information:

Turnover

1984 SKr'Ooo

1,800,000

Principal Shareholders: NESTE OY (100%) No of Employees: 850

NOACK, NORDISKA ACKUMULATORFABRIKER, AB Box 5317,10246 Stockholm Tel: 08/670820 Cable: Noackbatteri Telex: 10193 noack s

Board of Directors: B Westerling (Chairman) Management: Olof Ekelund (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of batteries and accumulators

1985 SKr'OOO

1,850,000

Parent Company: Varta Batterie AG, Hannover, West Germany Subsidiary Companies: Noack A/S (Denmark); Noack A/S

(Norway); Akkuteollisuus Oy (Finland) Principal Bankers: Skandinaviska Enskilda Banken; PK-banken Financial Information:



31,12.84 SKr'Ooo 529,295

5,737 3,228

10,973 2,844

31,600 5,209

NOBEL INDUSTRIES SWEDEN AB PO Box 16397, S-103 27 Stockholm Tel: +468 1039 10 Telex: 14668 nobind s Telefax: +468 20 12 05

31.12.85 SKr'ooO 615,000

8,300 4,330

11,118 2,844

31,600 7,309

Board of Directors: Lars-Erik Thunholm (Chairman), Erik ~enser, Sten Rudholm, Claes-Ulrik Winberg, Bo Rydin, Sven Agrup, Torvild Aakvaag, Anders G Carlberg. Deputies: Jan Kihlberg, Tage Eriksson, Sven Wallbom

President and Chief Executive Officer: Anders G Carlberg. Corporate Staff: Olle Werner (Administration). Jan Kihlberg (Finance and ContrOl), Rune Borg (Corporate Communications), Lars Gothlin (Legal Affairs)

173

SWEDEN Business Areas: John-Gabriel Montgomery (Pulp and Paper

Chemicals), Martin Ardbo (Ordnance), Lars ScMlander (Industrial Chemicals). Hans Sievertsson (Chemicals and Explosives), Ove Mattsson (AdheSives, Paints and Industrial Chemicals), Bjorn J:son-Stampe (Consumer Goods), Thore Anderson (Plastics), Leif Ek (Specialty Chemicals)

PRINCIPAL ACTIVITIES: Sweden's largest chemical enterprise; manufacture of pulp and paper chemicals, explosives and chemicals, ordnance, industrial chemicals, adhesives and paints, specialty chemicals, plastics and consumer goods organised into business areas

Subsidiary Companies (100% owned unless stated): Nitro Nobel AB; Casco Nobel AB (98.5%); Nobel Consumer Goods AB; AB Bofors; Nobel Kemi AB; Nobel Biotech AB; KemaNord AB; Nobel Plast AB (75%); Nobelpharma AB; AB Bofors Nohab; Wikers AB; AB Trelleborgplast; Bofors Biomekanik AB; Sicklaverkstiider AB; Kemi-Intressen AB; Nobel Elektronik AB; Bofors Biotech AB; Nobel Koncernservice AB Nacka; Nobel Dataservice AB; Nobel Koncernservice AB Karlskoga; Knappfors Sluss AB; KemaNobel Holding BV (Netherlands); KemaNobel Inc (USA); Frej Insurance Ltd; Bofors Deutschland GmbH (Germany); Bofors Electronics Ltd (UK); Bofors Italiana SpA (Italy); Bofors Properties Ltd (UK); KemaNord A/S (Norway); KenoPac Inc (USA); Bofors France SA (France); Chapman Chemicals Inc (USA); Bofors America Inc (USA); KemaNord Philippines (Philippines) and a number of nonoperating subsidiaries


Invoiced sales Profit before tax Profit after tax Dividends per share Earnings per share(2) Share capital Total shareholders equity (1)includes profit of

KemaNobel from 1.9.84 (2)after 50% assumed

standard tax

31.12.84(1 ) SKr'OOO

7,038,600 113,600

4,600 7.00SKr

13.25SKr 309,400 502,300

31.12.85 SKr'OOO

10,888,500 231,800 69,400

8.00SKr 22.50Skr 309,400 519,400

Principal Shareholders: Forvaltnings AB Yggdrasil and related companies (43.88%); Investment AB Asken (22.18%); AB Medulla (6.69%); Skandlnaviska Banken PenSion Fund (3.24%); Carotis AB (2.37%); Svenska Handelsbanken Pension Fund (1.94%); Anders G Carlberg camp (1.37%)


NORDBANKEN PO Box 7133, S-10387 Stockholm Tel: Int.+ 468 796 3000 (General); Int. + 468 237 360 (Foreign

Exchange) Cable: NORDBANKEN; S.W.I.F.T.: Norrsess Telex: 17616 Nordsts (General); 11640 Nordexs (Foreign

Exchange) Telefax: Int.+468 21 3482

Board of Directors: Tomas Matsson (Chairman) Executive Management: Erik Ehn (Chief Executive), Gunnar

Lundh (Deputy Chief Executive), Carl-Johan Bouveng (Head of International Division), Anders Wiklander (Head of Merchant Banking Division), Lennart Soderberg (Head of Corporate Finance Division), John Roos (Head of Stockholm/ Gothenburg Regional Division), Claes Ostberg (Head of Norrland Regional Division), Lars Hjortengren (Head of Svealand Regional Division), Per Petterson, Sven Soderberg, Peter Finnstrom, Thorbjorn Hogberg

PRINCIPAL ACTIVITIES: A full range of domestic and international banking and financial services to customers and correspondents around the world

Subsidiary Companies: Arbuthnot Latham Bank, London (100%)


Operating income Profit before tax SUB Profit before tax UP Profit after tax SUB Profit after tax UP Retained profit Dividends SUB Dividends UP

31.12.85· SKr'Ooo 921,200 78,445 24,000 36,000 10,100 6,200

30,800 16,800

8SKr 12SKr

23.32SKr 48.80SKr

194,700

Dividends per share SUB Dividends per share UP Earnings per share SUB Earnings per share UP Share capital Shareholders funds Deposits Total assets

449,400 12,165,200 20,389,000

·Nordbanken was created on 1 st January 1986. 1985 figures combine the ones of the two merging banks SUB=Sundsvallsbanken and UP=Uplandsbanken except in the cases marked by either SUB or UP

Principal Shareholders: Custos (11.9%); Investment AB Beijer (6.1%); Skandia (5.000/0); Trygg Hansa (3.8%); SPP (3.2%); Profit-Sharing Foundations (2.80%); Banco Aktiesparfond (2.60%); Wage Earner Funds (2.30%)


NORDCHOKLAD (AB) Box 702, 391 27 Kalmar Tel: 0480/223 80 Cable: Choklad Telex: 43030 choklad

Board of Directors: Leif Lewin (Chairman) Management: Rolf Holmgren (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of chocolate and confectionery

Trade Names: AB Nordchoklad Subsidiary Companies: A/S Nordchoklad (Denmark); A/S

Nordchoklad (Norway) Principal Bankers: Handelsbanken Financial Information:

1984 SKr'ooo

Sales turnover 770,778 Profit (loss) before tax 3,329 Profit (loss) after tax 3,126 Share capital 5,500

1985 SKr'Ooo 828,640

(943) (1,035) 5,500

Principal Shareholders: KF, Sweden; FDB, Denmark; NKL, Norway; SIS, Eire


NORDISK TRANSPORT & SPEDITION AB Hamng 24, Box 54, 231 01 Trelleborg Tel: 0410/540000 Cable: Nordtransport Telex: 32977 ntstbg s

Senior Executives: B Carstam

PRINCIPAL ACTIVITIES: Transport of freight Financial Information:

Sales turnover


1984 SKr'OOO

1,614,200

174

NORDISKA ACKUMULATORFABRIKER NOACK AB See NOACK, NORDISKA ACKUMULATORFABRIKER, AB

NORDISKA KOMPANIET (AB) Hamngatan 18-12, 10374 Stockholm Tel: 08/162 80 00 Telex: 10357 Enco s

Board of Directors: P Kalen (Chairman) Senior Executives: K SOderlund

PRINCIPAL ACTIVITIES: Department stores Financial Information:

Sales turnover


NORDST JERNAN AB S-103 75 Stockholm Tel: 08/788 50 10 Cable: Johnsons Telex: 13920 johnson s

1984 SKr'OOO 976,833

Board of Directors: Bo Ax:son Johnson (Chairman) Management: Bernt Magnusson (PreSident and Chief Executive

Officer), Bertil Hansson (Executive Vice President), Bengt Hellermark (Executive Vice President), Rolf Lydahl (Executive Vice President), Jan Sjoqvist (Executive Vice President), Kaj Lindgren (Senior Vice President), Magnus Westerlind (Senior Vice President)

PRINCIPAL ACTIVITIES: Conglomerate with interests in construction and civil engineering; shipping services; engineering; special steels; insurance; information technology

Subsidiary Companies: Business Areas: Construction:- JCC Johnson Construction Company AB. Special Steel:- Avesta AB. Shipping:-Johnson Line AB.Department Stores:- NK. Information and Service:-AB Linjebuss; Databolin AB; Travel Management Group (50%)


Sales turnover


NORDTEND AB Box 32025, 126 11 Stockholm Tel: 08/19 03 80 Cable: Tendco Telex: 11118 tendco s

31.12.84 SKr'ooo

17,000,000

31.12.85 SKr'ooo

17,600,000

Management: Evert Walleus (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of soap and cleaning compounds and equipment


Sales turnover


1964 SKr'ooO 495,000

NORRLANDS SKOGSAGARES CELLULOSA AB NCB Joh Ekmans Vag 1, 873 02 Vilja Tel: 0612/263 00 Cable: Farmpulp Telex: 71339

Board of Directors: S Johansson (Chairman), R Barneus, B A Berg, L H Forssblad (Managing Director), I Alkestal. G Ekelund, poE Bylund, M Lowenstein, FLuhr, M Stalfors

Management: L H Forssblad (Managing Director)

PHINCIPAL ACTIVITIES: State owned company engaged in the production 01 sulphate pulp, paper, timber and board

Subsidiary Companies: Edsbyn-Kilafors AB; Dynes AB; Seth Brankell AB; Dynapak Papper AB; Forss AB; AB Mockfjerdshus; Ncb France SA (France); Ncb Forest Products Ltd (UK); The Northern Paper Co Ltd (UK); Norrcell Sri (Italy); Hannoversche Papierfabr AG (66%) (Germany); Ncb Cellulose & Papier GmbH (Germany)

Financial Information: 31.12.84 SKr'Ooo

Sales turnover 3,501,100 Profit before tax 313,600 Profit after tax 24,500 Retained profit 6,800 Earnings per share O.54SKr Share capital 488,700 Shareholders funds 599,500

Principal Shareholders: The Swedish State (71.9%) No of Employees: 3,848

NORRlANDS SlAKTERIFORENING Box 99, 901 03 Umea Tel: 090/11 81 50 Telex: 54026 agria s


31.12.85 SKr'OOO

3,469,500 194,800

9,200 28,200

0.27SKr 490,900 624,500

Sales turnover

1984 SKr'ooo 563,620


NPl GROUP Geijersgatan 2, S-216 18 Malmo Tel: 040/36 00 00 Cable: Ennpelund Malmo Telex: 33194 Ennpe S

Board of Directors: Nils Widding (Chairman), Rolf Jinglov (Managing Director). Ragnar Olsson (Deputy Managing Director). Yngve Bengtsson (Deputy Managing Director). Anders Gruvstad. Bo Sandell, Bangt S Bengtsson (Appoin1ed by the Employees). Kjell Johansson (Appointed by the Employees)

Senior Executives: Ake Agren (Manager, Mid-Sweden Department), Mats Cederholm (Financial Director), Lars-Erik Wilhelmsson (Managing Director, NPL International AB)

PRINCIPAL ACTIVITIES: Construction; prefabricated building systems; real estate; project management; financial management

Trade Names: NPL Subsidiary Companies: AB Nils P Lundh; NPL-International,

Sweden; AIS Nils P Lundh, Denmark; NPL-Proman AIS, Norway

Principal Bankers: Skanska Banken; Svenska Handelsbanken Financial Information:

Sales turnover


NYMOllA AS 295 03 Nymolla Tel: 044/542 00 Cable: Nymollaab Telex: 48067 nymolla s

Management: Torkel Hogberg

SKr'OOO 950.000

PRINCIPAL ACTIVITIES: Manufacture of cellulose and paper Principal Bankers: Skandinaviska Enskilda

"

175


Sales turnover


NYNAS PETROLEUM (AS) Box 7856, S-10399 Stockholm Tel: 08/7885030 Cable: Nypetrol Telex: 17594; 10787; 10942 Nypetro s

1984 SKr'OOO

1,100,160

Board of Directors: Goeran Ennerfelt (Chairman), Antonia Ax:son Johnson, Lars Otterbeck, Harry Schein, Arne Stenberg, Bjoern Svedin, Stefan E Joensson (Managing Director)

Management: Stefan E Joensson (Managing Director) Senior Executives: Lennart Brenner, Staffan Riben, Hakan

Ringstroem

PRINCIPAL ACTIVITIES: Refining and marketing of petroleum products especially bitumen and naphthenics specialty oils stations

Parent Company: A Johnson & Co HAB, Stockholm Principal Bankers: Svenska Handelsbanken Financial Information:


1984 SKr'OOO

2,200,000 81,000


OSSOlA LlNERSOARD AS S-910 24 Obbola Tel: 090-45360 Telex: 541 28

Board of Directors: Folke Burstrand (Chairman), Jan-Sture Enander, William R Haselton, Howard Gidez, Benke Berg, Bert Moss

Senior Executives: Uno Albertsson

PRINCIPAL ACTIVITIES: Production of linerboard Parent Company: Svenska Cellulosa Aktiebolaget SCA Principal Bankers: Svenska Handelsbanken Financial Information:

Sales turnover Profit before tax Profit after tax· Dividends Dividends per share Earnings per share Share capital Shareholders funds ·and provisions to untaxed

reserves

1984 SKr'OOO 739,000 97,700 10,200 7.500

50SKr 343.SKr 150,000 75,300

1985 SKr'ooO 748,900 87,600

6,100 7,500 50Skr

150,000 123,200

Principal Shareholders: Svenska Cellulosaaktiebolaget SCA, Sweden (75%); Champion International Corp, USA (25%)


OK PETROLEUM AS S-112 91 Stockholm Tel: 08/737 10 00 Cable: Swedoil Telex: 12892 sweoil s Te/efax: 08/1377 85

Board of Directors: Leif I Lewin (Chairman), Lars Hjorth, Rolf Annerberg, Risto Nummila, Peter Sahlin, Olle Enstam, Pauli Kulvik, Arnold Thunstrom, Erland Wessberg, Lennart Andersson, Jan Andersson, Carl-Johan Aberg, Hans 0 Alsen, Thorsten Andersson. Nils Kristoffersson, Malte Engstrom, Ralf Hultberg, Kjell Jansson, Olle Hansson, Erik Loov, Kai

SWEDEN Hietarinta, Palle Holst, Claes Hagard, Jaakko Ihamuotila, Rolf Dahlgren

Senior Management: Lars Hjorth (President), Palle Andersson (President of SP Exploration AB), Kent Jinghall (Vice President, Supply), Nils Svensson (Vice President, Finance and Administration)

PRINCIPAL ACTIVITIES: Exploration, production, trade, refining and marketing of petroleum and petroleum products (OK Petroleum AB was formed at the end of 1985 by a merger of Oljekonsumenternas forbund, ekonomisk forening, OK Union and Svenska Petroleum AB, SP)

Trade Names: SP

Subsidiary Companies: Svenska Petroleum Exploration AB; VISAB Varmecenter i Sverige AB; Svenska Petroleum Bensinstationer AB; AB Gefle Kolimport; Varmecenter i Sormland Ulf Taleus & Co AB; BP Raffinaderi (Goteborg) AB; Skandinaviska Raffinaderi AB Scanraff; OK Kracker AB; OKLantmannen Smorjoljeproduktion AB

Principal Bankers: Skandinaviska Enskilda Banken; Svenska Handelsbanken; Post-och Kreditbanken; PK-banken


Sales turnover

(Loss) before tax

(Loss) after tax

Retained (loss)

Share capital

Shareholders funds

-Figures are for Svenska Petroleum AB as OK Petroleum has not yet completed a financial year

31.12.84-

SKr'OOO

8,450,800

(5,000)

(8,600)

(31,500)

275,000

598,300

31.12.85-

SKr'OOO

6,052,000

(1,900)

(2,900)

(41,700)

275,000

588,300

Principal Shareholders: OK Union (53%); Swedish Government (30%); Neste Oy (17%)


OKG AKTIEBOLAG PO Box 1746, 111 87 Stockholm

Tel: +46 08 7900400

Telex: 10859 ELATOM S

Board of Directors: G Ahlstrom (Chairman); J-E Ryman (Deputy Chairman), S Axelsson, G Batelson, A Gerge, K H6gfelt, L Josefsson, Y Larsson, B Moller, U Nystrom, B Rosqvist, B-O Svennsson, 0 Wilkstrom

Board of Management: L Fogelstrom (President), B Almgren, J Bergstrom, S-O Froberg, A Jervehed, A Rosengren, S Salmonsson, G Telerud, C-E Wikdahl

PRINCIPAL ACTIVITIES: Generation of electricity; nuclear power station


Sales turnover

1985

SKr'OOO

2,113,000

1986

SKr'ooO

2,495,700

Principal Shareholders: Sydkraft AB; Stora Kopparbergs Bergslags AB; Stockholm Energi Produktion AB


OLSON & WRIGHT (A B) Hammarbyvagen 55, S-104 83 Stockholm

Tel: +46 723 50 00

Cable: Olson wright

Telex: 111 64 WRIGHT S

Management Jan Sundling (President)

176

PRINCIPAL ACTIVITIES: Shipping, airfreight, sea and surface forwarding, warehousing

Parent Company: Scandinavian Airlines System

Principal Bankers: Skanska Banken


Sales turnover

Share capital


1984

SKr'OOO

653,000

3,000

OLSSON, MARTIN, LlVSMEDEL AB Box 37, 12521 Alvsjo

Tel: 08/7494700

Cable: Martinolskaffe

Board of Directors: Hans Erik Leufsted1 (Chairman)

Management: Bengt Oldmark (Managing Director)

1985

SKr'Ooo

519,000

3,000

PRINCIPAL ACTIVITIES: Wholesale trade in grocery products; supermarkets; trade in wines and spirits; coffee roasting

Principal Bankers: Svenska Handelsbanken; S E Banken


Sales turnover


OREBRO PAPPERSBRUK AB Box 926, 701 30 Orebro

Tel: 019/130900

Cable: Pappersbruk

Telex: 73217 oemills s

Board of Directors: Hans Carlsson (Chairman)

Management: Olav Alkarr (Managing Director)

1984

SKr'Ooo

530,000

PRINCIPAL ACTIVITIES: Plasterboard liner, coreboard, matchbox board, other board grades, PE-coated paper and board

Parent Company: ASSI

Principal Bankers: Gotabanken; PK-Banken


Sales turnover

Profit before tax

Profit after tax

Share capital


1984

SKr'OOO

320,000

10,219

9,717

20,000

OSTGOTA ENSKILDA BANK Box 7523 Nybrogatan 3,10392 Stockholm

Tel: 08-7960400

Cable: ostgotabanken

Telex: 130 80,13081,13586,16554 Oebank S

Telefax: 46-8-21 30 83

1985 SKr'OOO

300,000 3,000

3,000

20,000

Board of Directors: Gote Svensson (Chairman)

Management: Olof Sjostrom (President and Chief Executive Officer)

Senior Executives: Staffan Lindblom (Foreign Manager)

PRINCIPAL ACTIVITIES: Bank

Subsidiary Companies: Ostgota Enskilda Finars AB; Ostgota Enskilda Fastighets AB

FInancial Information:

Profit before tax Profit after tax Retained profit Dividends Dividends per share Earnings per share Share capital Deposits Total assets

1985 SKr'OOO

56,400 17,700 12,800 12,392

11.00SKr 62.05SKr

56,300 4,781,495

11,844,000

Principal Shareholders: L E Lundbergforetagen AB No of Employees: 483

PAGENS FAMILJEBAGERI AB Lantmannagatan 32, 214 48 Malmo Tel: 040/801 30 Cable: Pagen Telex: 32688 pagen s

Management: Erik Ekegren (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of bakery products Trade Names: Pogens Principal Bankers: Skanska Banken Financial Information:



PAPPERSGRUPPEN AB Box 1004, S-431 26 Molndal Tel: 031-67 05 00 Telex: 2578

1984 SKr'OOO 847,000

50,000

Board of Directors: Bernhard Gustafsson (Chairman) Management: Frans Johanson (General Manager)

PRINCIPAL ACTIVITIES: Merchants of fine paper, packaging and office supplies

Parent Company: Pegenova AB Subsidiary Companies: Pappersgruppen A/S (Norway); H

Barnett & Co (London) Ltd (UK); Papyrus Kopparberg A/S (Denmark)



31.12.84 SKr'OOO

1,598,697 74,955 21,000

31.12.85 SKr'OOO

1,729,000 78,099 21,000

Principal Shareholders: Pegenova; Stora Kopparberg; Papyrus No of Employees: 407

PAPYRUS (AB) Box 213, S-431 23 Molndal Tel: 031/675000 Cable: Papyrus, Goteborg Telex: 2500 Papyrus S Te/efax: 031/675127

Board of Directors: Peter Wallenberg (Chairman), Sven SOderberg (Deputy Chairman), Per Ake Harrison, Torkel Hogberg, Count Trolle-Wachmeister, Alf Akerman, Rune Persson (President). Appointed by the employees: Leif Biickberg, Herry Wiberg

Management Board: Rune Persson (President). Egon Hoglund (Executive Vice President). Per Knuts (Executive Vice President). Lars Brunskog (Finance Director)

177

SWEDEN Senior Executives: C-G Lindgren (Production Manager), Ulf

Nelson (Sales Manager)

PRINCIPAL ACTIVITIES: Manufacture of fine paper (Parent Company). Pulp. fine paper, newsprint. board, sawn timber products (Group)

Trade Names: Macoprint. Colorit Subsidiary Companies: Papyrus Kopparfors AB; Kopparfors AB;

Nymolla AB; Hylte Bruks AB (55%); AB Viking Timber; AB Nykvarns Bruk; Industri AB Vessigebro; AB Molndal; Sydsvenska Massaveds AB (84.3%); Papyrus Ltd (UK); Papyrus Kopparfors (UK) Ltd (UK); R L Lundgren Ltd (UK); Papyrus Kopparfors GmbH (West Germany); Forest Products SA (Belgium). Associate Companies: Pegenova AB (50%); Oppboga AB (47.7%); Sydved AB (41%); Halmstads Stuveri AB (32.3%); Norrsundet Brusk AB (50%); HilleshogKopparfors AB (50%)


31.12.84 SKr'OOO

Group turnover 4,068,500 Profit before tax· 700,600 Profit after tax· 90.700 Retained profit 334,900 Dividends 88,500 Dividends per share 10SKr Earnings per share 35SKr Share capital 442,600 Shareholders funds 1,207,700 ·and appropriations to

reserves

No of Employees: 719 parent company. 3.822 group

PARCON AB Kungsgatan 6, S-252211 Helsingborg Tel: 042/183390 Telex: 72 155 parcon s

Management: Thore Falkvall

31.12.85 SKr'OOO

7,909.800 705,500 178.100 278,100 126,772

13SKr 29SKr

487.600 1,217.000

PRINCIPAL ACTIVITIES: Engineering; technical planning and consultancy services


Sales turnover


PAUL ANDERSON INDUSTRIER AB See ANDERSON, PAUL, INDUSTRIER AB

PEGENOVA AB Molndalsviigen 85. S-412 85 Gothenburg Tel: 031/20 02 70 Telex: 27883 pegenov s Telefax: 031-81 2066

1984 SKr'OOO 850,000

Board of Directors: Rune Persson (Chairman) Management: Bernhard Gustafsson (Managing Director) Senior Executives: Arne Aim (Marketing Manager), Lars W

Bergman (Financial Manager)

PRINCIPAL ACTIVITIES: Parent Company of a group of fine paper merchants established to investigate and develop further business in similar trade and distribution

Subsidiary Companies: A Laaksonen OY (25%) (Finland); Pappersgruppen AB (Sweden); Pappersgruppen A/S (70%) (Norway); Havreholm Papir A/S (90%) (Denmark); Barnett's Ltd (UK)


SWEDEN Financial Information: Group figures


31.12.84 SKr'OOO

2,202,000 19,000 6,000 2,700

39,000 59,000

No of Employees: 16 (Parent Company), 708 (The Group)

PERSSON-INVEST (AB) Box 173, S-831222 Ostersund Tel: (063) 117230 Telex: 44064 bilbooe s

PRINCIPAL ACTIVITIES: Interests in the manufacture of paper; fuel distribution; manufacture of machinery; beverage manufacture


Sales turnover


PERSTORP AB S-284 80 Perstorp Tel: + 46435/380 00 Cable: Perstorpab Telex: 72470 perstp s

1984 SKr'OOO 990,000

Board of Directors: Alf Akerman (Chairman), Carl Henrik Wendt (Deputy Chairman), Gunnar Dahlsten, Lars Halldlm, Lars Malmros, Karl-Erik Sahlberg (President and Chief Executive), Carl Johan Wendt, Karl Lennart Wendt, Kristian Wendt, Lars Naucler, Bo Ursing, Goran Wendt, Magnus Wendt, Wilhelm Wendt, ·Sven Johannesson, ·Hakan Engstrom, ·Stig Kristiansson (Deputy), • Arne Berglund (Deputy), ·Employee Representative

Corporate Management: Karl-Erik Sahlberg (President), Arne Lindeberg (Executive Vice President), Sten Thunberg, PerGunnar Kalborg, Gosta Wiking, Sten Nordberg (Corporate Development), Mats Tuner (Finance), Eibert Hansson (Personnel)

PRINCIPAL ACTIVITIES: Manufacture of a wide range of chemicals, surface materials and plastic products components; biotechnology

Trade Names: Perstop, Party, Dishman Subsidiary Companies: Perstorp Ltd (UK); Perstorp do Brazil

Industria e Comercio Ltda (Brazil); Perplast BV (Netherlands); Perstorp Inc (USA); Perstorp SA (France); Perstorp A/S (Denmark); Perstorp A/S (Norway); Perstorp Austria Ges mbH (Austria); Perstorp Oy (Finland); Synthecolor SA (France); Antiphon GmbH (Germany); Perstorp Unidur GmbH (Germany); Perstorp Ltd (Canada); Perstorp SpA (Italy); Synthecolor Intern BV (Belgium); Creative Chemicals (Bermuda); Hydro Perstorp Laminator AIS (Norway); AB Skaraplast; Skand. Perginol AB; Pernovo-Perstorp New Business Development AB; Klosters Profiler AB; Unifarm AB; Perstorp Form AB; Perstorp Komponent AB; AB Klosters Fabriker; Perstorp Konsument AB; Drycolor AB; Perstorp Kemi AB; System Dishman AB; Perstorp Regeno AB; Perstorp Pressmassor AB; Preform AB; Perstorp Contilam AB; Skogens Kol AB; Perstorp Produkter AB; Perstorp Fondaktiebolag; Perstop Additiver AB; Perstorp Administration AB; Perstorp Affarsutveckling AB; Perstorp Biotec AB; Perstorp Compounds AB; Perstorp Elektronik AB; Perstorp Far East AB; Perstorp Finanskonsolt AB; Perstorp Plastsystem AB; Perstorp Specialkemi AB; Perstorp Ytmaterial AB


178


Sales turnover Profit before tax Profit after tax Dividends· Dividends per share' Earnings per share' Share capital Shareholders equity ·Parent Company

31.8.84 SKr'OOO

3,127,700 187,900 141,200 20,100

1.10SKr 9.20SKr 152,600 605,000

31.8.85 SKr'OOO

3,436,900 222,000 157,100 26,500

1.45SKr 9.05SKr 183,100 668,400

Principal Shareholders: Wendt Family (24.3%); Trygg-Hansa (6.2%); Skandia Liv & Sak (5.5%); Custos (5.5%); Boliden (4.6%); 4th National Pension Insurance Fund (3.9%); PKBankens Mutual Fund (3.6%); SE-Bankens Pension Fund (3.3%); Savings Banks' Mutual Fund (2.4%); Ahlsell AB (2.4%); Folksam (2.2%)


PHARMACIA AB S-751 82 Uppsala Tel: 018/16 30 00 Cable: pharmacia uppsala Telex: 76027 pharmu s

Board of Directors: Gunnar Hambraeus (Chairman), Bengt Samuelsson (Vice Chairman), Ulf G Linden, Erik Danielsson, Hakan Frisinger, Martin H:son Holmdahl, Kurt Lanneberg, Sten Lindgren (Employee Representative), Rune Stenbom (Employee Representative). Deputy Members: Elof Johansson, Jan-Ake Carlsson (Employee Representative), Nils Ingvar Olsson, Carl-Erik Sjoberg, Peter Widen (Employee Representative)

Management Board: Erik Danielsson (Group Chief Executive Officer and President), Elof Johansson (Executive Vice President), Magnus Moliteus (President of Pharmacia Inc, USA), Nils Ingvar Olsson (Executive Vice President), Carl-Erik Sjoberg (Executive Vice President), Bertil Tiusanen (Vice President, Finance)

PRINCIPAL ACTIVITIES: Research and development within Biotechnology and Health Care; production and marketing of pharmaceuticals, products for ophthalmic surgery, diagnostic aids, biochemical separation products and equipment for scientific as well as industrial purposes and cell biology products

Trade Names: Salazopyrin, Healon, Debrisan, Phadebas RAST, Sephadex, Cytodex

Subsidiary Companies: Companies operating on commission basis:- Pharmacia Biotechnology International AB; Pharmacia International AB; Pharmacia Infusion AB. Companies operating in Sweden:- AIIergon AB; Meda AB; Intertrade Biluthyrning AB; Medihus AB; Pharmacia Biosensor AB. Companies operating outside Sweden:- Pharmacia AS (Denmark); Pharmacia Oy (Finland); Norsk Pharmacia A/S (Norway); Pharmacia NV-SA (Belgium); Pharmacia France SA (France); Pharmacia Holding BV (Netherlands); Pharmaciapdf-(Schweiz) AG (Switzerland); Pharmacia Ltd (UK); Pharmacia GmbH (Germany); Pharmacia GesmbH (Austria); Pharmacia International GesmbH (Austria); Pharmacia SpA (Italy); Pharmacia Iberica (Spain); Pharmacia (Australia) Ply Ltd (Australia); Pharmacia KK (Japan); Pharmacia (Canada) Inc (Canada); Pharmacia Inc (USA). Other subsidiaries:Agrivet AB; Madisan AB; Pharmacia Biotech AB; Pharmacia Pharmaceuticals AB; Pharmacia Diagnostics AB; Pharmacia Fine Chemicals AB; Pharmacia Fond AB; AB Fortia; Pharmacia AB South America, Participacoes Ltda (Brazil). Other shares and participations:- Simebio SAl 49%) (France); Cerba SA (45%) (France); South Texas Immunology Lab Inc (15%) (USA); CW Research & Development Fund (6%) (USA); Bio-Technology General Corp (4%) (USA); Deltec Systems Inc (11 %) (USA); Verax Corporation (5%) (USA)

Principal Bankers: Svenska Handelsbanken; Uplandsbanken; SE-Banken


Sales turnover 2,856,500 3,398,200 Profit before tax 636,900 741,200 Profit after tax 538,500 599,600 Retained profit 188,200 234,300 Dividends 49,800 62,200 Dividends per share 1.00SKr 1.25SKr Earnings per share" 10.82SKr 12.05SKr Share capital 497,800 497,800 Shareholders equity 1,270,300 1,326,700 "After actual tax

Principal Shareholders: AB Volvo (5.1 %); Fourth National Swedish Pension Insurance Fund (5%); AB Staven (3.2%); Skandia (2.8%); AB Custos (2.7%); Trygg-Hansa (2.4%); Aktiv Placering AB (1.5%); Svenska Handelsbanken's Pension Fund (1.2%); Skandinaviska Banken's Pension Fund (1.1 %); SPP Mutual Insurance Company (0.9%); AB Swedcarrier (0.8%); Folksam (0.7%); Handelsbanken's Tax Reserve (0.7%); Customers Company Inc (USA) (21.3%); Other shareholders (50.6%)


PHAROS AB Box 5226, S-102 45 Stockholm Tel: 46-8-7830725 Telex: 11854 pharos s

Board of Directors: Anders G Carlberg (Chairman), Lawrence C Karlson (President)

Management: Patrick L Edsell (Vice PreSident-Finance), Nils-Erik Johansson (Vice President-Economy)

PRINCIPAL ACTIVITIES: Industrial corporate group with high level of technology

Trade Names: Pharos, Geodimeter, Thermovision Subsidiary Companies: Pharos Marine; Geotronics; Agema;

Rosengrens; Nimrod; Interspiro; Spectrogon; Nobel Elektronik; Bofors Electronics; BLH Electronics

Principal Bankers: Svenska Handelsbanken; SE-banken Financial Information:

Sales turnover Profit before tax Profit after tax Retained profit Dividend Dividend per share Earnings per share Share capital


PHILIPS NORDEN AB Tegeluddsvagen I, 11584 Stockholm Tel: 46-87821000 Cable: Philamp Telex: 14060 ccd

31.12.84 SKr'OOO 786,000 67,000 48,000

150,000 8,600

5.ooSKr 24.50SKr

85,629

Board of Directors: Magnus Lindahl (Chairman) Management: Hilfjo Bos (Managing Director) Senior Executives: Jan Malmros, Johan Haarsma

31.12.85 SKr'OOO 924,000

30,000 25,000

193,000 8,600

5.ooSKr 9.50SKr

85,629

PRINCIPAL ACTIVITIES: Marketing and manufacture of a wide range of electrical and electronic products

Trade Names: Philips

Parent Company: NV Philips Gloeilampenfabrieken, Eindhoven, Netherlands

179

SWEDEN Subsidiary Companies: Philips Forsaljning AB; Philips

Norrkopingsindustrier AB; Philips Elektronikindustrier AB; Sivers IMA AB



Group sales turnover

Profit before tax

Profit after tax

Retained profit

Earnings per share

Share capital

Shareholders funds


1985

SKr'OOO

4,314,000

63,000

63,000

53,000 1905Kr

72,000

98,000

PHILIPS NORRKOPINGSINDUSTRIER AB Box 763, 601 17 Norrkoping

Tel: 011/15 40 00

Cable: Philinorr

Telex: 64035 pnrk s

Board of Directors: Jan Malmros (Chairman)

Management: Goran Moller (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of a wide range of household electrical products including televisions, remote controls and micro wave cookers

Trade Names: Philips

Parent Company: Philips Norden AB


Sales turnover

Profit before tax

Retained profit

Share capital

Shareholders funds


PHILIPSON INVEST AB Box 271 31, S-10252 Stockholm

Tel: 08/65 33 75 Telex: 16346 Phicon s

1984

SKr'OOO

1,064,739

1,872

22,026

10,000

16,037

Supervisory Board: Sven Erik Ragnar (Chairman), Bjorn Ahlinder, Hakan Birke, Bengt Eskilsson, Sven-Erik Holmkvist, Fritz Staffas, Ake Gezelius, Carl-Arne Samuelson

Management Board: Fritz Staffas (Managing Director)

PRINCIPAL ACTIVITIES: Wholesale and retail motor vehicles and components, property and real estate, civil engineering and construction

Trade Names: Mercedes-Benz and Nissan

Subsidiary Companies: AB Motorfinanns; Philipson Stockholm Bil AB; Philipson Falun Bil AB; Philipson Gavle Bil AB; Philipson Goteborg Bil AB; Philipson Helsingborg Bil AB; Philipson Jonkoping Bil AB; Philipson Karlskrona Bil AB; Philipson Karlstad Bil AB; Philipson Kristianstad Bil AB; Philipson Linkoping Bil AB; Philipson Lulea Bil AB; Philipson MalmoBil AB; Philipson Skovde Bil AB; Philipson Sundsvall Bil AB; Philipson Uppsala Bil AB; Philipson Trollhattan Bil AB; Philipson Vasteras Bil AB; Philipson I2Irebro Bil AB; Philipson Kalmar Bil AB; Philipson Construction AB; Philipson Fastigheter AB; Philipson Bil AB

Principal Bankers: SE-Banken; Gotabanken


Sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per share Earnings per share Share capital Total equity· ·excluding share capital

31.12.84 SKr'OOO

1,780,297 97,170 79,918 8,947

18,048 2.35SKr 3.05SKr 192,000 113,659

31.12.85 SKr'OOO

2,270,215 40,235 39,706 58,980 20,291

2.35SKr 4.04SKr 192,000 267,478

Principal Shareholders: The Birke Family, Miirtha Philipson No of Employees: 1,598

PIA GROUP (THE) 112 89 Stockholm Tel: 08/54 00 60 Telex: 19860 Telefax: 08-510 712

Board of Directors: Torbjorn Ek (Chairman) Management: Ingmar Hedberg (President and Group Chief

Executive)

PRINCIPAL ACTIVITIES: Group of companies engaged in the following business areas:- wholesale distribution of newspapers, magazines and books; sale of convenience goods through kiosks and convenience stores; operation of cafeterias and confectionery stores distribution of daily newspapers to subscribers; outdoor advertising, subscription services; computerized information retrieval services from international databases; data processing and administrative services; operation of book shops

Parent Company: AB PRIAB Subsidiary Companies: Presam AB; AB Svenska Pressbyran;

PS Distributions AB; Wennergren-Williams AB; AB PIAdata, Fritzes Kungl. Hovbokhandel


Sales turnover Profit before tax· Shareholders equity ·and appropriations

31.12.84 SKr'OOO

4,267,500 23,200

142,500

Principal Shareholders: 125 shareholders- daily newspaper publishers, weekly magazine companies, the Swedish Newspaper Publishers' Association (TU) and its regional units and the Swedish Magazine Publishers' Association (VECTU)


PILKINGTON FLOATGLAS AB Box 530, 301 80 Halmstad Tel: 035/109 300 Cable: Pilkington Telex: 38144 pilkfl s Telefax: 035-20892

Board of Directors: Sven Westerberg (Chairman) Management: Tommy Bergdahl (Managing Director), H

Nauchman (Marketing), J E Wettin (Production), T Johansson (Finance), L Janne (PurchaSing)

PRINCIPAL ACTIVITIES: Production of flat glass Trade Names: Kappafloat Parent Company: Pilkington International Holdings BV Subsidiary Companies: Pilkington Siikerhetsglas AB; Sietex

Safetyglass AB; Floatex Glas AB and sales companies in Copenhagen and Oslo


180




PKBANKEN Hamngatan 12, S-103 71 Stockholm Tel: 08/781 80 00 Cable: pkbank, Stockholm Telex: 19310; 11471 pkbank s

1985/86 SKr'OOO 756,030

16,965 222,000

President: Bertil Danielsson (also Chief Executive Officer) Directors: Rune Barneus (President), Christer Ragnar (Executive

Vice President, International, Head of International Division)

PRINCIPAL ACTIVITIES: Commercial bank Subsidiary Banks: PKbanken International (Luxembourg) SA

(Luxembourg); PKbanken International (US) Banking Corp (USA); PKbanken International (Asia) Ltd (Singapore); PK International (Hong Kong) Ltd (Hong Kong); Subsidiary: PKfinans AB (Sweden); Affiliated Bank: Banque Odier Bungener Courvoisier SA (France)


Profit before tax Profit after tax Share capital Reserves Deposits Total assets

31.12.84 SKr'OOO 280,000 160,000 750,000 712,560

127,404,000 129,571,000

31.12.85 SKr'OOO 428,700 250,000 750,000 712,560

136,762,000 138,759,000

Principal Shareholders: The Kingdom of Sweden No of Employees: 3,599

PLATZER BYGG AB Fack 172 07 Sundbyberg Tel: 08/98 05 80 Telex: 10878 platzab s

Management: Guj Brisius (Chief Executive)

PRINCIPAL ACTIVITIES: Building contractors and property developers; house building; industrial and office building; land installation business; manufacture of timber frame houses

Subsidiary Companies: W P Viig AB, Sweden; Polar Bygg A/S (75%), Norway


Sales turnover


PLM AB PO Box 836, S- 20180 Malmo Tel: 040/209000 Cable: PLM Malmo Telex: 32456 plmhk s

1984 SKr'OOO

1,053,000

Board of Directors: Per Lindberg (Chairman), Ulf Laurin, Kjell Briindstram, Steen Langeblek, Jan Ekman, Goran Lindeblad, Hakan Frisinger, Lars S Bergenhem, Nils Stormby, Sam Eriksson, Lars Larson

Management: Ulf Laurin (President and Chief Executive Officer), Jarl Biifving (Executive Vice Pesident, Finance and Administration), Per Selberg (Executive Vice President and Managing Director PLM Sellbergs), Erik Thoke(Executive Vice President and Managing Director PLM Haustrup)

PRINCIPAL ACTIVITIES: Manufacture of containers and packaging of glass, metal and plastiC; packaging systems; waste handling and resource recovery

Subsidiary Companies: Operating subsidiaries:- Austria AB; Forssa Kraftbox AB; Frontier Licensiering AB (55%); IGM AB; AB Limmareds Bruk; PLM PAC AB; PLM Produktionsservice AB; AB Schakta; PLM Sellbergs AB; Westerviks Pappersbruk AB; A/S Haustrup Holding (Denmark); PLM GlashOtte MOnder GmbH (Germany); PLM Verwaltungs GmbH (Germany); PLM Euro Holding BV (Netherlands)



Sales turnover

Profit before tax

Profit after tax

Retained profit

Dividends

Dividends per share

Earnings per share

Share capital

Total equity

31.12.84 31.12.85

SKr'OOO SKr'OOO

3,368,000 3,608,100

119,300 37,100

77,300 14,400

242,100 292,300

41,700 44,800

5.40SKr 5.80SKr

15.50SKr 10.00SKr

192,900 192,900

807,100 803,800

Principal Shareholders: AB Industrivarden (13.9%)


PRESSSYRAN, SVENSKA, (AS) Strandbergsg 61, 112 89 Stockholm

Tel: 08/13 63 00

Telex: 19860 piainv s

PRINCIPAL ACTIVITIES: Distribution of newspapers, magazines and confectionery through kiosks

Parent Company: AB PRIAB, Stockholm


Sales turnover

Profit before tax


PRIPPS SRYGGERIER (AS) S-161 86 Bromma Tel: 08-7577000

Cable: Prippsab

Telex: 14165 Pripps S

Chairman: Soren Gyll

1984

SKr'Ooo

1,338,220

13,520

Directors: Hans Kallenius (Managing Director), Robert Figersten (Marketing Director), Rolf Andersson (Production Director), Hans Olsson (Financial Director), Curt Norstedt (Research and Development Director), Olle Bergstrom (Information Director)

PRINCIPAL ACTIVITIES: Manufacture, sale and distribution of malt beverages, minerai water, carbonated soft drinks and fruit beverages and non-carbonated soft drinks, fruit juices and juice syrups and a powder-based energy drink

Trade Names: Pripps Export, Prlpps BIA, Three Towns, Dart, Nordic Wolf, Chess, Pripps Eagle, Pripps Royal, Lyckholms, Apotekarnes, Carnegie Porter, Fest-is, Sol-juice, Pripps Pluss, Nektar, and manufactured under licence: Tuborg, Coca-Cola, Coca-Cola Light, Fanta, Sprite and Schweppes

Parent Company: AB Gambrinus-owned by the Swedish State (100%)

Subsidiary Companies: L G Fredriksson Handels AB (91%); Sollebolagen AB (51%); Pripps Incorporated New York (100%); AB Olbruket i Goteborg (50%)


181


30.9.84 SKr'OOO

Sales turnover 2,993,000 Profit before tax 95,400 Profit after tax 40,400 Retained profit 99,600 Dividends 30,000 Dividends per share 21SKr Earnings per share 29SKr Share capital 70,000 Shareholders funds 224,000


PROCORDIA AS Hamngatan 6, Box 7827, S-103 97 Stockholm Tel: +46 (8) 24 29 00 Cable: Procordia Telex: PROCOR S Telefax: +46 (8) 208263

30.9.85 SKr'OOO

1,984.300 124,200 79,100

132,500 30,000 21SKr 56SKr

70.000 266,000

Board of Directors: Bengt Berg (Chairman), Soren Gyll (President), Hans G Forsberg, Bertil Danielsson, Sven-Ake Johansson, Lennart Ljung, Soren Mannheimer, Bjorn Springare, Per Tegner, Sven Tidala, Carl Fredriksson (Deputy Member). Employee Representatives: Stig Ahlin, Rune Molin, Karl-Erik Jarhamn (Deputy Member). Hans Billstrom (Deputy Member)

Group Management: Soren Gyll (President), Olle Enstam (Vice President), Jan Blomberg (Vice President), Goran Linden (Vice PreSident)

PRINCIPAL ACTIVITIES: Procordia is the parent company of a group of companies owned by the Swedish State; its interests include tobacco, beer and soft drinks, petrochemicals, restaurants and hotels, pharmaceuticals, food, venture capital, publishing, electronic equipment, X-ray films, security services, textiles, transport equipment, goods handling equipment, wood-working equipment, metal-working equipment, architectural consulting

Subsidiary Companies: ABAB, Allminna Bevaknings AB; ACO Likemedal AB; Berol Kemi AB; BSK BS Konsult AB; Cea AB; Cordi nor AB; AB Eiser; Bryggeri AB Falken; KabiVitrum AB; Kalmar Industries AB; Liber AS; AS Pripps Sryggerier; Procordia Food AS; Procordia Corporation; Procordia Nova AB; SARA AB; Procordia International AS; AS Statsforetagens Samkop; Svenska Risk Management Service AB; Swedish Tabacco Company

Financial Information: 31.12.84 SKr'OOO

Sales turnover 11,950,000 Profit before tax 221.000 Profit after tax 58,000 Retained profit 58,000 Share capital 1,500,000 Shareholders equity 1,981,000

Principal Shareholders: The Swedish State (100%) No of Employees: 24,349

PROMOTION, INVESTMENT AS, Stureg 38. 114 36 Stockholm Tel: 08/670455 Cable: Promotion Telex: 17684 promot s

31.12.85 SKr'OOO

12,444.000 560,000 389,000 389,000

1,500,000 2,346,000

Board of Directors: Per Lindberg (Chairman), Jan Wallander (Vice Chairman, Jan-Eric Bladh, Carl-Erik Feinsilber. Sten Johansson, Olof Khylberg, Lennart Nilsson, Folke Pehrsson, Arne Sjoqvist, Marcus Storch. Deputy Board Members: Anders Unger, Goran Jacobsson, Bo-Goran Tagesson

Executive Management: Carl-Erik Feinsilber (President). Anders Unger (Executive Vice President), Carl-Olof By (Senior Vice

SWEDEN President and Corporate Controller), Dag Tigerschiold (Senior Vice President and Corporate Treasurer)

PRINCIPAL ACTIVITIES: Holding company with interests in textiles including home and furniture fabrics, industrial, medical, healthcare textiles and linings for clothes; adhesive materials; electricity channelisation and cable clamping systems, circuit boxes; air treatment and pollution control equipment; pneumatics; industrial hydraulics; electronics and robot technology; hand tools; hydraulic cylinders and valves; hydraulic manoeuvring vehicles; transfer pumps; automatic gates and doors; windows; heating, water, sanitation; hoists for construction sites, service elevators; masts for communication and lighting, ladders; office and indsutrial staplers

Subsidiary Companies: Nordinvest AB; Floras Kulle AB; AjS Kranutleie (Norway); Scandia Leasing Corp (USA); Besam AB (61%); Besam Svensk Forsiiljning AB; CPU-System AB; Besam Entre-Matic ApS (Denmark); Besam OY (Finland); Besam GmbH (Germany); Besam Maschienenhandelsgesellschaft mbH (Austria); Besam Ltd (UKO; Besam Nederland BV (Netherlands); Besam SA (France); Besam AG (Switzerland); Hofliger-Sesam AG (Switzerland); Besam Inc (USA); Besam Pte Ltd (Singapore); Alimak AS; Alimak Svenska Forsiiljnings AS; Alimak GmbH (Germany); Alimak Engineering AS; Alimak Ltd (UK); Alimak Inc (USA); Elit-Snickerier AB; Asedahus GmbH (Germany); Svenska-Elit Ltd (UK); Isaberg AB; Thermopanel i Helsingborg AS; AB Markaryds Metallarmatur; Thermopanel Heizung GmbH (Germany); LVI-Produkter AB; Macon Control Corp (USA); AB Wibe; AB Scanmast International; OY WIBE AB (Finland); Viigbelysning AB; WI BE GmbH (Germany); WIBE AjS (Norway); WIBE Ltd (UK); Contrafact AB (80%); Variator AB; Promex AB; Nordic Reinsurance SA; AB Bahco; AB Bahco Ventilation; Alfsan og Gunderson AIS (Norway); Bahco (Ventilation) GmbH (Germany); AIS Bahco Ventilation (Denmark); Sahco Ventilation (UK); Oy Aerator AB (Finland); Bahco SA (Belgium); Bahco SA (France); AS Bahco Verktyg; AS Sahco Kraftverktyg; AIS Bahco Verktl/lj (Denmark); F E Lindstrom AB; Oy Bahco Tyokalut AB (Finland); Sahco Forge et Outillage SA (France); Bahco Sudamericana SAC I (Argentina); AB Mecman; Gillberg Hydraulik AB; Mecman GesmbH (Austria); Mecman Engineering AS; Mecman Ltd (UK); Mecman AIS (Norway); Mecman Benelux BV (Netherlands); AIS Mecman (Denmark); Mecman SA (France); Oy Mecman AB (Finland); Mecman AG (Switzerland); Mecman GmbH (Germany); Mecman SpA (Italy); Bahco Hydrauto AB; NV LlMEC (Limbury Mining Equipment Co) (51 %) (Belgium); Kracht Pumpen- und Motorenfabrik GmbH & Co KG (Germany); Kracht-hydrauliek BV (Netherlands)



Sales turnover

Profit before tax

Profit after tax

Dividends per share

31.12.84

SKr'OOO

977,900

301,800

263,700

7.20SKr

Earnings per share 17.00SKr


Shareholders equity 629,600


RATOS, FORV AL TNINGS, AB Drottninggatan 2, S-111 51 Stockholm

Tel: 08/24 20 00 Cable: Ratos

Telex: 19355

31.12.85

SKr'OOO

1,354,300

84,900

50,900

9.50SKr

19.00SKr

173,300

662,200

Board of Directors: E SOderberg (Chairman), S SOderberg, Arne Thunander, Thomas Mossberg

182

PRINCIPAL ACTIVITIES: A mixed investment company with a portfoliO of Swedish stocks and bonds, real estate companies, companies in industry, trade and technology and companies in heating and sanitation. Also a number of interests in associated companies

Subsidiary Companies: AS Jiirnbron; Dahl Invest International AIS (Denmark); Forvaltnings AB Staneon; Svenska Maskinaffiiren AB; Soderberg & Haak Maskin AB; AB Gustaf Kiihr; Gavle Verken AB; Nordisk Kartro AB; Wilh. Gronvalls Liidesfabrik AB; Klippans Liidesfabrik AB. Associated Companies: Scandic Hotel AB; Smedjebacken Boxholm Stal AB; Gotthard Nilsson AB



Profit after tax

Retained profit Dividends

Dividends per share Earnings per share Share capital

Shareholders funds


REDERI AB TRANSATLANTIC See TRANSATLANTIC, REDERI AB.

RESO AB S-11392 Stockholm Tel: 08/728 32 00 Cable: Folkreso

Telex: 10323 Telefax: +46-080-339181

Board of Directors: Leif I Lewin (Chairman)

1984 SKr'OOO

4,112,600 251,000

133,300 86,100 47.200

5.25SKr

11.7OSKr 452,000

1,123.900

Management: Knut-Uno Tornqvist (Managing Director) Senior Executives: Carl-Henrik Victorin (Hotel Division), Kjel

Andersson (Travel Agency Division). Bo Johansson (Finance), George Ganneby (Marketing/lnformation)

PRINCIPAL ACTIVITIES: Hotels; travel agencies Trade Names: "Reso Hotels", HReso resebyraer"

Parent Company: Kooperativa Forbundet Principal Bankers: Sparbanken; PK-Banken


Sales turnover

Profit before tax

Profit after tax

Retained profit

31.12.86 SKr'OOO

1,550,000 1,800

1,100

1,100

Principal Shareholders: KF; OK; LO; TCO; Folksam


RIKSBYGGEN EKONOMISK FORENING 11681 Stockholm

Tel: 08/7721000 Cable: Riksbyggen

Board of Directors: Berti! Whinberg (Chairman)

Management: Ralf Hultberg (Managing Director) Senior Executives: 0 Lindstrom, S Hollmann, I Ahmanson, A.

Enlinden, A Andersson, C Svedberg, Uif Karlsson, GFiirm

PRINCIPAL ACTIVITIES: Civil engineering consultants


SKr'OOO SKr'OOO Sales turnover 1,264,000 1,432,000 Profit before tax" Profit adjustments Profit after tax Retained profit Dividends Dividends per share Share capital Shareholders funds ·after profit adjustments


RIKSOST EK. FOR Box 23022,10435 Stockholm Tel: 08/15 1925 Cable: Riksost

24,000 17,000

8,000 7,000 1,000 7.5%

17,000 38,000

Management: Nils Fernqvist (Managing Director)

PRINCIPAL ACTIVITIES: Wholesale trade in cheese Financial Information:



ROBERT BOSCH AB See BOSCH, ROBERT, AB

ROCKWOOLAB 541 86 Skovde Tel: 0500/69000 Cable: Rockwood Telex: 67021 rwool s

Board of Direcotrs: Olle Enstam (Chairman) Management: Jan Ekberg (Managing Director)

1984 SKr'OOO

2,088,930 850 565

7,442 15,517

4,000 31,000

2,000 4,000 2,000 7.5%

26,200 48,200

PRINCIPAL ACTIVITIES: Manufacture of insulation products for noise, cold, heat and fire

Trade Names: Ecomax Subsidiary Companies: Isenta AB; Ecomax UK; Ecomax GmbH Principal Bankers: PK-banken Financial Information:


Principal Shareholders: Procordia AB No of Employees: 1,881

SAAB-ANA AB Fack 611 01 Nykoping Tel: 0155/80700 Telex: 64018

31.12.84 Skr'OOO 934,600

7,700 6,700

63,300 120SKr 50,000

186,900

Management: Ingvar Sundstrom (Managing Director)

PRINCIPAL ACTIVITIES: Wholesale trade in cars, tractors and farming eqUipment

Parent Company: Saab-Scania AB

183


Sales turnover Profit before tax" "and appropriations


SAAB-SCANIA AB S-581 88 Linkoping Tel: +46 13 180000 Telex: 50040 saablg s

31.12.84 SKr'OOO

3,138,000 112,000

31.12.85 SKr'OOO

3,179,000 110,000

Board of Directors: Sten Gustafsson (Chairman), Nils Linander (Vice Chairman), Peder Bonde, Hans Cavalli-Bjorkman, Stig Synnergren, Tom Wachtmeister, Conny Holm (Employee Representative), Benn Ottoson (Employee Representative), Georg Karnsund (President), Per Lundberg (Deputy), Borje Nygren (Deputy), Erik Tjerngren (Deputy)

Management: George Karnsund (President), Bertil Krook (First Executive Vice President), Alv Elshult (Executive Vice President), Ingvar Eriksson (General Manager Scania Division, Executive Vice President), Sten Wennlo (General Manager Saab Car Division), Harald Schroder (General Manager, Saab Aircraft Division), Kai Kammerich (Senior Vice President, Corporate Communications and Public Affairs), Per Risberg (PreSident, Saab-Scania Combitech), Egon Linderoth (President Saab-Scania Enertech)

PRINCIPAL ACTIVITIES: Manufacture of Saab passenger cars, Scania trucks and buses, Scania industrial and marine diesel engines, Saab aircraft, missiles, space equipment, military and marine electronics, Saab numerical control systems, process control systems, forest industry systems, and military training equipment, CTC and Parca heating and energy recovery equipment

Trade Names: SAAB, SCAN lA, CTC, Parca Subs/diary Companies: Scania Nederland BV (Netherlands);

Saab-Scania do Brasil SA (Brazil); Saab-Scania Argentina SA (Argentina); Scania-Bussar AB; Scania-Bilar A/S (Denmark); Scania (Great Britain) Ltd (UK); Scania Nutzfahrzeuge Ges mbH (Austria); Scania Deutschland GmbH (Germany); Scania France SA (France); Scania Belgium SA/NV (Belgium); Scania Vehiculos SA (Spain); Scania-Vabis del Peru SA (Peru); SaabScania Australia Pty Ltd (Australia); VAG. Sweden Group (67%); Bil & Buss Group; Saab-Ana Group; Saab-Scania of America Inc (USA); Saab Great Britain Ltd (UK); Saab-Biler A/S (Denmark); Saab Deutschland GmbH (Germany); Saab Norge A/S (Norway); Saab France SA (France); Saab-Scania Combitech Group; Saab-Scania Enertech Group; Associated Companies: Oy Saab-Valmet Ab (50%) (Finland); Oy ScanAuto Ab (50%) (Finland)

Principal Bankers: Skandinaviska Enskilda Banken Financial Information: Group:

Sales turnover Profit before tax Profit after tax(l) Retained profit Dividends Dividends per share Earnings per share Share capital Shareholders equity(2) (1 )including appropriations

according to Swedish accounting practice SKrl,445m in 1984 and SKrl,541 m in 1985

(2)excluding untaxed reserves SKr6,489m in 1984 and 8,021 in 1985

31.12.84 SKr'OOO

25,956,000 2,555,000 2,118,000 2,011,000

243,000 10.00SKr 87.35SKr 1,218,000 3,905,000

31.12.85 SKr'OOO

31,840,000 2,776,000 2,234,000 2,016,000

339,000 14.00SKr 92.10SKr 1,218,000 4,310,000

SWEDEN Principal Shareholders: Knut and Alice Wallenbergs Foundation

(5.2%); Skandia (4.9%); Swedish Staff Pension Society (SPP) (5%); Trygg-Hansa (4.4%); Skandinaviska Enskilda Banken's Share Savings Fund (3.1%); AB Custos (3.4%); Sparbankernas Share Savings Fund (2%); Stockholms Enskilda Bank's Pension Fund in Skandinaviska Enskilda Banken (1.8%); AB Investor (3%); Forvaltnings AB Providentia (3%); AB Export-Invest (2.4%); National Pension Insurance Fund, Fourth Board (2.4%); AMF (2.5%)


SAAB-SCANIA ENERTECH AB Box 1041, 551 11 JOnkoping Tel: 03/19 00 30 Cable: Enertech Jonkaping Telex: 83 55 087 Enertech Te/etax: +46-36-16 5795

Board of Directors: Georg Karnsund (Chairman), Bernt BickstrOm, Alv Elshult, BertH Krook, Nils Unander, Lars Ohlsson-Leijon, Egon Underoth (President), "Bruno Larsson, "Lennart Larsson. Deputy members: "Kurt Svensson, "employee representative

Corporate Management: Egon Underoth (President), Jan Wass (Executive Vice President), Lars Elmenius (Vice PreSident, Marketing), Roland Undell (VICe PreSident, Finance and Economy), Ake Sjostan (Controller), Peter Wide (Vice PreSident, Corporate Development and Information)

PRINCIPAL ACTIVITIES: Manufacture of heating equipment and supplies

Trade Names: Parea, CTC, Bentone, Electro Oil, NAF Parent Company: Saab-Scania AB Subsidiary Companies: ASJ; BENTONE-ELECTRO OIL AB;

Saab-Scania Enertech Ltd (UK); Heating Replacement Parts Ltd (UK); Electro-Oil GmbH (Germany); Electro-Oil International A/S (Denmark); RETEC AB; AB CTC; CTC Osby AB; Vargarda Armatur AB; CTC Warme GmbH (Germany); CTC SpA (Italy); CTC Wirme Ges.m.b.H (Austria); Euroheat AB; CTC Ronneby AB; A.R.L. Filtersystem AB; NAF AB; Nordarmatur AIS (Denmark); NAF Oy (Finland); Naval Oy (65%) (Finland); NAF Ges.m.b.H (Austria); Delta Process AB; PARCA Norrahammar AB; PARCA Gjuteri AB; Oy PARCA Norrahammar AB (Finland); Sermet Oy (90%) (Finland); SaabScania Enertech A/S (Norway); PARCA Norrahammar A/S (Denmark)

Principal Bankers: Gotabanken; Skandinaviska Enskilda Financial Information:

31.12.84 SKr'OOO

Group sales turnover 1,468,414 Profit before tax 42,130 Profit after tax 24,986 Net income 25,247 Capital stock 39,975 Shareholders equity 206,576

Principal Shareholders: Saab-Scania AB (100%) No of Employees: 2,700

SAB NIFE AB Box 317, S-201 23 Malmo Tel: +46 40-725 60 Telex: 32413 wson s Telefax: 40-97 64 40

31.12.85 SKr'OOO

1,499,601 9,465 8,682 8,375

80,000 218,905

Board of Directors: Nils-Lennart Nilsson, Bjorn Olsson, Lennart Nilsson, Goran Iveberg, Lennart Karlsson, Ebbe Nilsson-Fridh, Christer Hiller

Management: Bjorn Olsson (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of nickel-cadmium batteries, ac- and dc power supply systems, brake equipment, resilient wheels, electronic signal and communications equipment

184

Trade Names: NIFE, NIFE Non Stop Power, SAB Parent Company: Wilh Sonesson AB Subsidiary: (100% owned unless stated): SAB NIFE Produktions

AB (formerly SAB NIFE AB); SAB NIFE Svenska AB; SAB NIFE NV (Belgium); SAB NIFE Oy (formerly NIFE Varamatic AB, Oy) (Finland); NIFE France SA (France); Societe SAB (France); SAB NIFE SpA (Italy); SAB Sistemi SpA (Italy); NIFE Nederland BV (Netherlands); SAB NIFE AIS (Norway); SAB NIFE (Suisse) SA (Switzerland); SAB Brake Regulator Co Ltd (UK); SAB NIFE GmbH (Germany); SAB NIFE Bertriebs GmbH (Germany); NIFE Austria GesmbH (Austria); NIFE Argentina SA (Argentina); SAAJ Baterias e Participacoes Ltda (Brazil); NIFE Brasil Sistemas Electricos Ltda (Brazil); Suecobras Industria e Comercio Ltda (Brazil); SAB NIFE Corp (Canada); SAB NIFE de Mexico SA de CV (Mexico); SAB NIFE Incorporated (USA); NIFE Jungner Pty Ltd (Australia); SAB Thulinverken AB (formerly Elektro-Hermas AB); AB NIFE; Batteri AB NICA; Svenska Ackumulator AB Jungner; Vstads Arneco AB; NIFE Espana SA (97%) (Spain); SAB Iberica SA (51%) (Spain); SAB Harmon Industries Inc (51%) (USA). Owned through subsidiaries:- GIA i Gringesberg AB; Griingesbergs Industrivaru AB; NIFE France SA (France); NIFE Power Systems Ltd (UK); SAB NIFE Vertriebs GmbH (Germany); NIFE Brasil Sistemas Electricos Ltda (Brazil); NIFE Commercio e Servicio Tecnicos Ltda (Brazil); Electro Pneumatic Corp (USA); SAB Sillani SpA (51%) (Italy); SAB Ricerche e Progetti SRL (75%) (Italy); SAB Sillani Impianti SpA (51%) (Italy)


Sales turnover Profit before tax Profit after tax Net profit for year Share capital Total equity capital


SABAFORETAGEN AB Box 7531, S-103 93 Stockholm

Tel: 08/23 80 50 Cable: Sabagroup Telex: 16636

31.12.84 SKr'OOO

1,524,143 128,740 60,329 48,474

150,000 281,612

Board of Directors: Jan Ekman (Chairman), Anders G Carlberg, Ulian Falkbick, Goran Hamrin, Jaan Kaber, Carl Langenskiold, Bror Lundberg, Maj-Us Lundin, Erik Penser, Anders Undstrom

Management: Anders Undstrom (President and Group Chief Executive Officer)

Senior Executives: Dag Hasslegren, Per Sandberg, Carl-Wilhlem Schumacher, Torsten Henriksson

PRINCIPAL ACTIVITIES: Wholesale and· retail consumer goods Subsidiary Companies: Ahlens AB; B&W Stormarknader AB; J S

Hemkopskedjan AB; Distributions AB Dagab; Saba Trading

AB Principal Bankers: Skandinaviska Enskilda Banken; Svenska

Handelsbanken; Post-och Kreditbanken PKbanken


SKr'OOO SKr'OOO

Sales turnover 18,810,000 19,543,000


Profit after tax 48.000 66.000

Dividends 44,000 62,000

Dividends per share 1.SOSKr 2.00SKr

Earnings per share 3.75SKr 3.25SKr

Share capital 742,000 742.000


SABIAB Box 394, 551 15 Jonkoping Tel: 036/16 54 80 Cable: sabiprodukter Telex: 70052 saw s

Management: Waldemar Sannesson (Managing Director)

PRINCIPAL ACTIVITIES: Wholesale trade in wood and wood products

Subsidiary Companies: RAF Timber AB Principal Bankers: PK-bankan; Gotabanken; Handelsbanken Financial Information:

Sales turnover Profit before tax Profit after tax Earnings per share

Principal Shareholders: 175 sawmills No of Employees: 91

SAFVEANS AB S-405 04 Goteborg Tel: 031/1971 40 Telex: 21378 saevon s

1984 SKr'OOO 546,325

7,883 3,381

24,600

Board of Directors: Ake Palm (Chairman), Olof Sjostrom, Ake Ahlstrom, Karl-Erik Sahlberg, Arne Emanuelsson, Lennart Larsson, Bengt Duner (Managing Director)

Management: Bangt Duner (Managing Director)

PRINCIPAL ACTIVITIES: Finance, property, trade and industry Subsidiary Companies: Forvaltnings AB Bohus; Ekman

International AB; Gustaf Fagerberg AB, Victor Hasselbad AB; AB Kallinge Trilindustri; Knivman AB; AB CI Pihl; AB Probo; Jacobson & Ponsbach Fondkommission AB; Sevonia AB



1984 SKr'OOO

3,553,500 108,200

Principal Shareholders: Albus (Skanska Cementgjuteriet); Skandia Boliden; Trygg-Hansa; Hasselblads Stiftelse; AEG


SAIFA AB Box 505, S-182 15 Danderyd Tel: 08-755 27 20 Telex: 136 53

President: Ernst Feldtstrom

PRINCIPAL ACTIVITIES: Wholesale motor trade Subsidiary Companies: Kilafors Industrl AB; Hesselmans

Fordonskomponenter AB; Skara Lastvagnscentar AB; Codeb Forsilljnings AB

Principal Bankers: PK-Banken, Stockholm Financial Information:



SAMFOD (AB) Box 446, 20124 Malmo Tel: 040/22 30 60 Cable: Samfodab Telex: 32670 samfod s

31.12.84 SKr'ooO 339,932

633 390

17,026

31.12.85 SKr'ooO 417,815

7,954 7,929

744 5SKr

14,847

185

SWEDEN Board of Directors: Lars Elander (Chairman) Management: Benny Persson (Managing Director) Senior Executives: F Waclaw, Jan Jalkell

PRINCIPAL ACTIVITIES: Meat trade and manufacture of meat products

Trade Names: Samfod Parent Company: Sveriges Siakteriforbund, Stockholm Principal Bankers: Skanska Banken Financial Information:



SANDVIK AB S-811 81 Sandviken Tel: 46 26 260000 Cable: Sandvik Sandvikenswed Telex: 47000 Sandvik s

31.12.84 SKr'OOO

1,312,755 1,869 1,706

21,778 12,000 28,615

31.12.85 SKr'OOO

1,380,921 1,481 1,481

24,900 12,000 30,097

Board of Directors: Percy Barnevik, Birger Loewhagen (Vice Chairman), Lars Malmros, Hans-Eric Ovin, Thore Svaerdstroem (Employees' Representative), Sven Aagrup, Per-Olof Eriksson (President and Chief Executive Officer), Lennart Ollen, Hans Karlsson (Employees' Representative). Deputy Members: Stig Lennart Nystroem (Employees' Representative), Eino Honkamilki (Employee's Representative)

Group Management: Ebbe Bengtsson (Executive Vice PreSident)

PRINCIPAL ACTIVITIES: Manufacture and marketing of cemented-carbide products, steel, saws and other tools, steel-belt conveyors and processing systems

Trade Names: Sandvik, Sandvik Coromant, Fish & Hook Group Companies: As of 1 st January 1984 the Group consists

of Sandvik AB and the following independent companies:- AB Sandvik Coromant; AB Sandvik Steel; AS Sandvik Rock Tools; AB Sandvik Saws and Tools; Sandvik Process Systems GmbH; AB Sandvik Hard Materials; AB Sandvik ElectroniCS; Regional Companies: AB Sandvik International AB (Eastern Europe, Africa); Sandvik South East Asia Ltd; Sandvik Latin America Inc; Other Companies: AB Sandvik Central Service; AB Sandvik Information Systems



Sales turnover Profit before tax Profit after tax Retained profit Dividends per share Earnings per share Share capital Shareholders funds

31.12.84 SKr'Ooo

11,299,000 729,000 493,000 472,000

10SKr 52SKr

960,000 2,315,000

Principal Shareholders: Skanska AB (21.9%) No of Employees: 24,033 (Group)

SANNES AB

31.12.85 SKr'OOO

12,560,000 1,282,000

938,000 898,000

14SKr 82SKr

961,000 3,004,000

Kungsportsavenyn 34, Box 53240, S-400 16 Goteborg Tel: 031/81 3780 Telex: 21399 sannes s Telefax: 031/203891

Board of Directors: Jan Danielson (Chairman) Management: Roland Davidsson (PreSident)

SWEDEN PRINCIPAL ACTIVITIES: Wholesale trade in petroleum and

other fuels Parent Company: Scanoil AB Subsidiary Companies: Scanoil Inc, USA Principal Bankers: SE Banken; Gotabenken (both Gothenburg) Financial Information:

Consolidated sales Profit before tax· Profit after tax Retained profit Share capital Shareholders equity ·and allocations

No of Employees: 27

SARA AB

31.12.84 SKr'OOO

4,048,000 3,433

145 3,046

10,OOQ 13,819

S:t Eriksgatan 113, Box 21009, 8-10031 Stockholm Tel: 08/34 08 00 Cable: SARAB Telex: 14740 SARAB

Board of Directors: SOre" Gyll (Chairman) Management: Anders Gustrin (President and Chief Executive

Officer)

PRINCIPAL ACTIVITIES: Hotels, restaurants, fast food, catering on premises and mobile catering, meal services for institutions. leisure and recreation

Parent Company: Procordia AB Subsidiary Companies: SARA Hotels AB; SARA Restauranger

AB; SARA Fastfood AB; SARA Kommunservice AB; SARA Universitetsservice AB, SARA Cater Partner AB; SARA Culinar Holding GmbH (Germany); SARA Hotels APS (Denmark); SARA Holdings Inc (USA); SARA Hotels Management Ltd (UK)

Principal Bankers: PK Banken FinanciallnformatJon:



SCAN KLS EK. FOR Box 932, 391 29 Kalmar Tel: 0480/57100 Cable: Hamcase Telex: 43068 hamcase s

31.12.84 SKr'ooo

1,603,200 54,900 20,000

Board of Directors: Nils-Erik Torstensson (Chairman) Management: Sune Sigvardsson (Managing Director)

PRINCIPAL ACTIVITIES: Meat and a wide range of meat products

Trade Names: Scan, Tre KOk. Bullens PrinCipal Bankers: SOdra Sveriges Foreningsbank Financial Information:

Sales turnover Share capital Shareholders funds


SCAN VAEST EK FOR Box 502, 8-532000 Skara Tel: (0511) 13020

31.12.84 SKr'ooo

1,054,000 31,000 18,000

31.12.85 SKr'OOO

1,150,000 33,000 19,000

Senior Executives: G Farberger, K Appelqvist, H Engstrom, T LofstrOm, B Ericsson, A Karlsson, T Johansson, K Grohn

186

PRINCIPAL ACTIVITIES: Agricultural products including cereals and animal feedstuff


Sales turnover


SCANAIR PO Box 20083, S-16120 Stockholm-Bromma Tel: 46-8-780 10 00 Telex: 10524

1984 SKr'OOO

2,689,475

Board of Directors: F Ahlgreen Eriksen (Chairman), Eva Derelius (Employee Representative), Halvdan Bjerum, Henning Klynge (Employee Representative), Bengt A Hagglund, Nils G Molander, Georg Olsson, Torsten Press, Henrik Meldahl (President), Aage Fred Johansen (Employee Representative), Hakan Ostergren (Employee Representative), Fred Aage Johansen (Employee Representative)

Management: Henrik Meldahl (President)

PRINCIPAL ACTIVITIES: Scanair is a sister consortium of SAS with the same ownership structure as the airline itself. It operates charter flights to and from Scandinavian countries

Parent Company: Consortium owned by Det Danske Luftfartselskab A/S (28.5%); Det Norske Luftfartselskap A/S (28.5%); AB Aerotransport (43%)


Operating income Net income

30.9.84 SKr'OOO 959,003

Total equity 30,065 71,263

Principal Shareholders: ABA (AB Aerotransport) (42.9%); DOL (Det Danske Luftfartselskab A/S) (28.6%); DNL (Det Norske Luftfartselskap A/S) (28.6%)


SCANDIC HOTEL AB PO Box 6197, S-102 33 Stockholm Tel: +46-8 736 01 00 Telex: 126 36

Management: Sengt I:son SjOgren (President). Arne Gustafsson (Managing Director)

PRINCIPAL ACTIVITIES: Hotel and restaurant business Trade Names: Scandic Parent Company: Forvaltnings AB Ratos (100%) Financial Information:

Sales turnover Profit before tax Dividend Share capital Shareholders funds


31.12.84 SKr'OOO

1,021,000 41,000

6,000 75,000 84,000

SCANDINAVIAN AIRLINES SYSTEM

SAS Ulvsundavagen 193, S-161 87 Stockholm-Bromma Tel: 4687801000 Cable: Sasystem Stockholm Telex: 22263 sasxt dk

31.12.85 SKr'ooO

1.209,000 52,000

8,000 75,000 86,000

Group Management: Jan Carlzon (also Chief Executive Officer). Frede Ahlgreen Eriksen (Executive Vice President and Deputy President), Nils G Molander (Executive Vice President. Finance Planning and ContrOl), Helge Lindberg (Executive Vice President also Chief Operating Officer), Per-Axel Brommesson (Executive Vice President), Bjorn Gadd (Executive Vice President, Personnel and Organisation)

PRINCIPAL ACTIVITIES: SAS is the designated air carrier of Denmark, Norway and Sweden

Parent Company: SAS is a consortuim owned (28.5%) by Det Danske Luftfartselskab A/S, Denmark, (28.5%) by Det Norske Luftfartselskap A/S, Norway and (43%) by A/S Aerotransport, Sweden. The SAS Group consists of the SAS Consortuim and its subsidiaries

Subsidiary/Associated Companies: (100% owned unless stated): SAS Cargo Center A/S (Denmark); SAS Service Partner A/S (Denmark); SAS International Hotels (Norway); AB Olson & Wright; Business Travel Systems; Travel Management Group (50%); Vingresor AB; Scandinavian Air Tour Productions AB; Nordair ApS (Denmark); Gamla Vingressor AB; Nordair ApS (Denmark); Inter SAS BV (Netherlands); Arctic Hotel Corp. A/S (50%) (Greenland); Danair A/S (57%) (Denmark); A/S Dansk Rejsebureau (50%) (Denmark); SAS Medical AB; SAS Oil A/S (Denmark); Linjeflyg AB (50%); Scandinavian Multi Access System AB (67%); Bennett Reisebureau A/S (31%) (Norway); Greenlandair A/S (25%) (Greenland); Widerl/Je's Flyveselskap A/S (22%) (Norway); Copenhagen Excursions A/S (17%) (Denmark); Helikopter Service A/S (10%) (Norway); Polygon Insurance Co Ltd (33%) (Guernsey); Scanator AB (50%)


Group operating revenue Profit before tax· Profit after tax Retained profit Total capital Total equity ·and allocations

30.9.84 SKr'OOO

18,005,200 968,100 901,700 41,800

1,111,300 2,113,400

30.9.85 SKr'OOO

19,790,000 1,017,000

876,000 34,000

1,149,000 2,273,000

Principal Shareholders: Governments of Denmark, Norway and Sweden (50%); Private investors (50%)

No of Employees: Airline Consortium 18,845; Group 29,727

SCANIA-BUSSAR AB Box 366, 641 23 Katrineholm Tel: 0150/500 60 Cable: Scaniabuss Telex: 64026 scania s

Management: Kurt Palmgren (Managing Director)

PRINCIPAL ACTIVITIES: Production of buses and bus chassis Parent Company: Saab-Scania AB, Scaniadivision, SOdertiilje Principal Bankers: Handelsbanken Financial Information:

Sales turnover Profit before tax Profit after tax Retained profit Share capital


SECO TOOLS AB S-773 01 Fagersta Tel: 0223/400 00 Cable: Secotools Telex: 7510 seco s Telefax: (223) 10330

1984 SKr'OOO 432,000

719 7

940 25,000

1985 SKr'OOO 517,000

6,400 2,900

940 25,000

Board of Directors: Lennart Ollim (Chairman), J-E Forsgren (President), Per-Olof Eriksson, Malcolm Falkman, Lars Ivar Hising, Daniel Johannesson, ·Eilert Kautto, ·Tom Lindholm. Deputy Directors: Olle Cederlund, ·Bernt Eriksson, ·Adolf Matus, Jan Pettersson, Stig Ahlander, ·Member appointed by the employees' organizations

Management: J-E Forsgren (PreSident), Olof Gumcelius (Executive Vice President, Finance), Karl-Erik Forsberg (Material and Tool Development), Rolf Lektell (Administrative

187

SWEDEN Development), Aksel Nielsen (Business Logistics), Gunnar Skeppstedt (Production), Hans Skoglund (Personnel)

PRINCIPAL ACTIVITIES: Manufacture of tools for milling and turning and carbide cutting tools for machinery

Trade Names: Seco Subsidiary Companies: EGL-Verktyg AB; Secotronic AB;

Stjiirnverktyg AB; Seco Tools A/S (Denmark); Seco Tools GmbH (West Germany); SA Seco Tools Benelux NV (Belgium); Seco Tools (UK) Ltd (UK); Seco Tools France SA (France); Seco Tools Italia SpA (Italy); Seco Tools AG (Switzerland); Seco Tools Ges mbH (Austria); Seco-Tools Inc (USA); Seco Tools Japan KK (Japan); Seco Tools Industria e Comercio Ltda (Brazil); Seco Tools Espana SA (Spain)




SECURITASGRUPPEN AB Box 3510 200 22 Malmoe Tel: 040/29 00 00 Telex: 33081 SECAB S

Chairman: Gustaf Douglas

31.12.84 SKr'OOO 835,800 207,100 62,100

100,800 12,100 17SKr

121SKr 71,000

171,800

31.12.85 SKr'OOO

1,018,400 291,300 96,500

192,200 14,200 20SKr

200SKr 71,000

263,200

Directors: John-Jacob Engellau, Gunnar Ekdahl, Anders Frick, Rolf Skog

Senior Executives: John-Jacob Engellau (President), Hans Wermdalen (Vice President), Johan Ericsson (Controller)

PRINCIPAL ACTIVITIES: Security services Trade Names: SECURITAS Parent Company: HEVEA AB Subsidiary Companies: Securitas Norra Sverige AB; Securitas

Sodra Sverige AB; Securitas Ostra Sverige AB; S.A.K.-data AB; Securitas Viistra Sverige AB; Securitas Teknik AB; Svenska Tempus; AB Jourmontor; Svensk Bevakninostjanst; Securitas Verkskyddstjanst

Principal Bankers: Skandinaviska Enskilda Banken (SE-Banken) Financial Information:

Sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per share Earnings per share· Share capital Sharoholders funds ·after tax

Principal Shareholders: HEVEA No of Employees: 7,000

SELGA Svenska Eigrossist AB Box 6910, S-102 39 Stockholm Tel: 08/24 31 60 Telex: 11729 selga s

31.12.84 SKr'OOO 971,400

10,300 200

1,000 2,000

10SKr 45SKr 20,000 27,100

Board of Directors: Jan Stenberg (Chairman) Management: Goeran Brodin (Managing Director)

PRINCIPAL ACTIVITIES: Wholesale trade in electrical equipment and machinery

31.12.85 SKr'OOO

1,059,700 11,700 4,900

100 4,000

20SKr 53SKr 20,000 30,000

SWEDEN Trade Names: SELGA

Subsidiary Companies: Mellansvenska Elektriska AB; John Martensson AB



31.12.84 31.12.85

SKr'ooo SKr'OOO





Dividends 6,975 8,370

Dividends per share 15SKr 18SKr

Net income per share 75.42SKr 105.56SKr



Principal Shareholders: Ericsson Group (67%); ASEA Group (33%)


SEMPER AB Box 23142, S-104 35 Stockholm

Tel: 08/24 77 00

Cable: Semper

Telex: 10862 Semper s

Chairman: Ake Modig, ARLA

Directors: Ulf Lundvall (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of food products including cheese, preserves, baby foods, breakfast cereal products, deep frozen products for catering section (schools, restaurants, canteens), milk based products for food industries, nutritional products

Parent Company: ARLA (100%)



Sales turnover

Share capital


SlAB AB Tegeluddsv 21,11586 Stockholm

Tel: 081782 00 00

Cable: Siabbygg

Telex: 19986 Siabbyg s

1984/85

SKr"OOO

673,000

10,000

Board of Directors: Ivan Juto (Chairman)

Management: Jan Jeppson (Managing Director)

1985/86

SKr'OOO

730,000

10,000

PRINCIPAL ACTIVITIES: All types of construction and civil engineering work and building trade services

Trade Names: SlAB

Subsidiary Companies: KB Bygg AB; AB A Huse & Co; KB Maskin AB; Br Hansson Bygg AB; SlAB AsfaltAtervinnlng AB; Svenska Belaggn AB SBB; F G Larsson Byggnads AB; SlAB Construction Ltd (UK)

Principal Bankers: Skandinaviska Enskilda Banken; Post-Och Kreditbanken; Scandinavian Bank (UK)

188


Sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per share Earnings per share Share capital Shareholders funds· Untaxed reserves Retained earnings ·not including retained

earnings

1984 SKr'OOO

2,859,300 53,100 42,000 35,000

7,000 2.25SKr

13.46SKr 78,000 16,100

175,800 10,900

1985 SKr'ooo

3,028,500 61,300 42,600 33,240

9,360 3.00SKr

13.65SKr 78,000 16,100

200,800 34,800

Principal Shareholders: Byggnads AB LE Lundberg (46%); Sparbankernas Aktiefonder (7%); Nordbankens Pensionsstiftelse (5%)


SIEMENS-GRUPPEN I SVERIGE (THE) "Siemens Group of Sweden (The)" Box 23141, S-104 35 Stockholm Tel: (0) 8-7281000 Telex: 19880 Fax: 08-7281128

Supervisory Board: Dr B Rudewald (Managing Director of Siemens-Elema AB, the Parent Company), J Bottheim (Chairman of the Board of Siemens-Elema AB)

Directors: L-O Hjalmar (Managing Director of Siemens AB), 0 Wollman (Director of Finance Siemens-gruppen and Financial Director Siemens AB), C Myrin (Financial Director SiemensElema AB)

PRINCIPAL ACTIVITIES: Siemens-Elema AB, parent company of the Siemens-gruppen, Industrial plant (medical engineering); Siemens AB, 100% subsidiary of SiemensElema AB, electrical and electronic engineering

Trade Names: Siemens-Elema Parent Company: of Siemens-Elema AB (and the 'Siemens

gruppen i Sverige") is Siemens Beteiligungen AG in ZOrich, which is a 100% subsidiary of Siemens AG, Berlin/Munich

SubSidiary Companies: Siemens AB, Stockholm Principal Bankers: Svenska Handelsbanken; Goetabanken Financial Information:

Group sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per share Earnings per share Share capital Shareholders funds


30.9.84 SKr'OOO

2,111,600 70,400 29,200

6,700 9,600

6.00SKr 18.25SKr

80,000 33,700

SIEVERTS KABELVERK Landsvagen 66, S-172 87 Sundbyberg Tel: 08/282860 Cable: Sievertsfabrik Stockholm Telex: 19676 SIEVA S

Board of Directors: Jan Stenberg (Chairman)

30.9.85 SKr'Ooo

2,257,500 104,500 42,400 28,000 12,000

7.50SKr 26.50SKr

80,000 32,000

Management: Christer Bergman (Executive Vice President), Olle Mattisson (Vice President), Roger Runerson (Vice PreSident). Bengt Gerger (Vice President)

PRINCIPAL ACTIVITIES: Marketing and manufacture of cable for telecommunication and power distribution; optical fibre and cable

Parent Company: L M Ericsson Telephone Company, Stockholm, Sweden

Subsidiary Companies: BOFA Kabel, Sweden

Principal Bankers: Svenska Handelsbanken; SEbanken


Sales turnover


SKr'OOO

714,000

SKANDIA INSURANCE COMPANY LTD Sveavagen 44, S-103 50 Stockholm

Tel: +46-8-788 11 00

Cable: SKANDIA STOCKHOLM

Telex: 19347 SKANDIA S

Telefax: +46-8-10 31 74

Board of Directors: Carl-Sigvard Roos (Chairman), Nils-Erik Wirsall (Vice-Chairman), Peder Bonde, Bo Dockered, Gustaf Douglas, Gunnar Ericsson, Sten Gustafsson, Tom Hedelius, Sture Lindquist, Curt G Olsson, Rolf Oltl1mg, Claes Palme, Clas Reuterskiold, So Rydin, Sven SOderberg, Anders Wall, Bjorn Wolrath (Managing Director). Appointed by the Swedish Government: Astrid Kristensson, Einar Larsson, Bo Martinsson. Elected by the employees: Anders Olanders, Kerstin Persson. Deputy Members of the Board: Hans Dalborg (Deputy Managing Director), Karl-Eric HalEm (Deputy Managing Director), Goran Lindberg (Deputy Managing Director), Hans Undin (Deputy Managing Director), Leif Victorin (Deputy Managing Director). AppOinted by the Swedish Government: Hugo Bengtsson, Goran Borggard, Filip, Fridolfsson. Elected by the employees: Stig Caselius, Bertil Holmstrom

Group Management: Bjorn Wolrath (Managing Director), KarlEric Halen, Bjorn Hall, Goran Lindberg. Divisional Managers: Hans Undin (Consumer), Olle Lifvergren (Life), Leif Victorin (CommerCial). Group Insurance Operations: Stig Minnhagen. Capital Management: Bjorn Hall

PRINCIPAL ACTIVITIES: Parent company of a group engaged in insurance in all classes

Subsidiary Companies: Skandia Life Insurance Company Ltd; Skandia Investment AB; Skandinavisk fOrsakringsservice AB (95%); Skandia Risk Management AB; Skandia Aktiesparfondforvaltning AB; Anticimex AB (50%); Bokredit AB (34%); Scandic Hotel AB (25%); Sickla Industrifastighet AB (33%); Skandia International Holding AB (45%); Svenska Kreditforsakringsaktieboiaget (31%): Trans Secure SA (50%) (Luxembourg)


Group premium income

Group investment income

Profit before tax"

Profit after tax'

Dividends

Dividends per share

Share capital"

"consolidated figures of Parent Company only

31.12.85

SKr'OOO

8,295,000

4,281,000

304,000

248,000

72,000

6.00SKr

300,000

Principal Shareholders: Beijer Investment AB (13.33%); Investor AB (6.43%); Dagens Nyheter AB (6.28%); Providentia Forvaltnings AB (4.77%); Skandia Group PenSion Foundation (3.03%); Industrivarden AB (2.68%); Oresund Investment AB (2.50%); Skandianen Trust Foundation (2.23%); Assurance Generales de France Vie (1.98%); Fargholding AB (1.81 %)


189

SWEDEN

SKANDINAVISKA ALUMINIUM PROFILER AB SAPA Fack 574 01 Vetlanda 1 Tel: 0380/94100 Cable: sapa Telex: 35229 sapavtl s

Board of Directors: Gosta Bystedt (Chairman), Lars S Bergenhem (Vice Chairman), Nils H Bouveng (Managing Director), Gunnar Burmann (Deputy Managing Director), PerOlof Aronson, Kjell Johansson, Jan Helgesson, Mauritz Gri.inberger (Honorary Member). Deputy Members: Erik Svensson, Stig Johansson. Auditors: Peter Sandell, Gunnar Wid hagen

Management: Nils H Bouveng (Managing Director), Gunnar Burmann (Deputy Managing Director)

PRINCIPAL ACTIVITIES: Anodizing and fabrication of aluminium; aluminium extrusions, tubes and bars

Parent Company: Electrolux AB Subsidiary Companies: Hogstad Aluminium AB; Nordalex AB;

SAPA A/S (Denmark); SAPA Grena A/S (Denmark); A/S SAPA (Norway); SAPA Alumiiniprofiilit Oy (Finland); Scandex Aluminium NV (Netherlands); SAPA Aluminium Profile GmbH (Germany); SAPA Aluminium-Handels GmbH (Germany); SAPA Aluminium Profile AG (Switzerland); SAPA Holdings Ltd (UK)


Group turnover Profit before tax Profit (loss) after tax Retained profit Share capital Shareholders funds

31.12.84 SKr'OOO

1,585,000 13,500

(10,533) 30,100 50,000

116,000

Principal Shareholders: Granges Aluminium AB No of Employees: 2,613 Group

SKANDINAVISKA ELVERK, AB, Box 3118,10362 Stockholm Tel: 08/233350; +46 8233350 (International) Cable: CONCESSION Facsimile: 106077

Board of Directors: Percy Barnevik (Chairman)

31.12.85 SKr'OOO

1,775,112 26,920 3,934

33,140 50,000

122,069

Management Board: Kjell Hogfelt (Managing Director), Bengt Rydas (Administrative Director), Orvar Pettersson (Deputy Managing Director)

PRINCIPAL ACTIVITIES: Production and distribution of electricity

Parent Company: ASEA AB, Vasteras Subsidiary Companies: Yngeredsfors Kraft AB; Smalands Kraft

AB PrinCipal Bankers: Skandinaviska Enskilda Banken Financial Information:

31.12.84 SKr'OOO

Sales turnover 1,302,938 Profit before tax' 222,757 Profit after tax 9,442 Retained profit 3,625 Dividend 24,948 Dividend per share 11.00SKr Earnings per share 4.16SKr Share capital 226,800 Shareholders funds 427,722 'and appropriations


31.12.85 SKr'OOO

1,573,807 159,009

13,682 592,613 27,216

12.00SKr 6.03SKr 226,800 416,456

SWEDEN

SKANDINAVISKA ENSKILDA BANKEN Kungstradgardsgatan 8, S-106 40 Stockholm Tel: +46 8 763 50 00 Cable: Essebank Telex: 11000 essebi s

Chairman: Curt G Olsson; First Deputy Chairman: Peter Wallenberg

Executive Management: Hans Cavalli-Bjorkman (Chief Executive of the Malmo Group), Jacob Palmstierna (Chief Executive of SEB International), Bo C E Ramfors (Chief Executive of the Goteborg Group), Rutger Barnekow (Chief Executive of the Stockholm Group), Sven Erik Ragnar (Chief Executive of the Head Office), Per Ake Harrison (First Deputy Managing Director of SEB International)

PRINCIPAL ACTIVITIES: Banking Subsidiary Companies: Aktiv Placerlng AB; AB Arsenalen;

Finansskandic AB and its subsidiaries FS Flnanslnkasso AB; AB Vendax; FinansSkandlc (Luxembourg) SA (Luxembourg); Deutsche Skandic Leasing GmbH (Germany); FinansSkandic Corporation (USA); FinansSkandic (South East Asia) Pte Ltd (Singapore); AB Garnisonen; SEB-Fastigheter AB; Svensk Fastighetskredit AB. Subsidiary Banks: DeutschSkandinavische Bank AB (Germany) with a branch in Hamburg and its subsidiary Deutsch-Skandinavische Bank (Luxembourg) SA (Luxembourg); Enskilda Securities, Skandinaviska Enskilda Ltd (UK); Skandinaviska Enskilda Banken Corporation (USA) and its subsidiary Skandinaviska Enskilda Banken International Corporation (USA); Skandinaviska Enskilda Banken (Luxembourg) SA (Luxembourg); Skandinaviska Enskilda Banken (South East Asia) Ltd (Singapore). In addition Skandinaviska Enskilda Banken has 16 representative offices and an associated banking group, Scandinavian Banking Group (London, Geneva, Zurich, Hong Kong, Bahrain, Los Angeles, Sidney and Melbourne)


Profit before tax(1) Profit after tax(2) Retained profit Dividends Dividends per A share Dividends per B share Earnings per share(3) Share capital Shareholders funds(4) Deposits Total assets (1 land appropriations (2)extraordinary items and

appropriations (3)after 50% standard tax (4)including untaxed reserves

31.12.84 SKr'OOO

2,046,000 466,000 670,000 325,000 2.60SKr 4.10SKr 8.55SKr

1,204,000 10,005,000

146,980,000 182,105,000

31.12.85 SKr'OOO

2,247,000 479,000 589,000 361,000 3.20SKr 4.70SKr 9.21SKr

1,204,000 10,857,000

134,544,000 174,898,000

Principal Shareholders: Knut and Alice Wallenberg Foundation; Svenska Personal-Pensionskassan; AB Custos; S-E-Banken Profit Sharing Foundation


SKANDINAVISKA RAFFINADERI AB

Scanraff Box 10004, S-453 00 Lysekil Tel: 0523/604 60 Cable: Scanraf Telex: 42135 scanraf s

Board of Directors: Sture Hernow (Chairman) Management: Lars Nelson (Managing Director)

PRINCIPAL ACTIVITIES: Refining of crude oil to motor and aircraft fuel, diesel oil and other fuel oils

Subsidiary Companies: Scanraff Inc

190


Sales turnover Profit (loss) before tax Share capital Shareholders funds

1984 SKr'OOO 440,160

5,693 200,000

14

1985 SKr'OOO 393,988

(861) 200,000

14

Principal Shareholders: OK Petroleum AB (35.5525%); Texaco Oil AB (42.965%); Norsk Hydro AS (21.4825%)


SKANEK EK FOR 21301 Malmo Tel: 040/220 100 Cable: Skanek Telex: 32427 skanek s

Board of Directors: Hans Ramel, Olle Andersson, Hans Thuresson, Rune Andersson, GOran Andre, John Bengtsson, Ove Olsson, Ingvar Magnusson, Torsten Ridemark, Kurt Samuelsson, Bengt Brynell, Ernst JOrgensen, Sven Elmberg

Management: Bengt Brynell (Managing Director), 8engt-0lof Bengtsson, Jan Akesson, Lars Andersson, Stig-Arne Akesson, Gert Olof Hjortswang, Ake Hakansson, Ake Nilsson, Torsten Hansson, Knut Persson, Lars Nyberg, Bertil Akerstrom, Bengt Fredrlksson

PRINCIPAL ACTIVITIES: Pig breeding; meat products and cured meat

Subsidiary Companies: AB SnArestads Bilstation; Skaneks Producentservice AB; C Andersson & Co AB; MAltidsservice AB; Eslovs Siakteri AB; Skanek Livs AB; AB Varm Korv; The Swedish Bacon Co

Principal Bankers: Skanska Banken Financial Information:

Group sales turnover Profit before tax Profit after tax Share capital Shareholders funds


31.12.84 SKr'OOO

3,138,900 4,100 1,000

78,300 140,300

SKANEMEJERIER EK. FOR S-213 01 Malmo Tel: 040/22 00 30 Cable: Skanemejerier Telefax: 040-225542

Board of Directors: Eric Nilsson (Chairman) Management: Ingvar Axelsson (Managing Director) Senior Executives: Nils-Oscar Olsson

31.12.85 SKr'OOO

3,205,200 100 100

81,300 143,400

PRINCIPAL ACTIVITIES: Manufacture of dairy products and fruit juices

Principal Bankers: Malmohus Lans Foreningsbank Financial Information:

Sales turnover Profit before tax Profit after tax Share capital' 'From the farmers of the

cooperative


SKANSKA AB S-182 25 Danderyd Tel: +46-875 380 00 Cable: Skanska Telex: 11524 Skanska S

31.8.84 SKr'OOO

1,265,371 8,634 8,264

33,760

31.8.85 SKr'OOO

1,438,205 1,224

659 38,000

Board of Directors: Bengt Haak (Chairman), Sten Lindh, Assar Ericsson, Lena Ekman, Sven Johansson, Lennart Johansson, Lars-Ove Hakansson (President and Managing Director), Carl-0101 Tevnryd, Per Lindblad, Percy Barnevik, Stig Herner

Management: Lars-Ove Hakansson (President and Managing Director)


Subsidiary Companies: (100% owned unless stated): AB Angeredsasfalt (67%); AB Angeredsasfalt & Co, KB (65%); Aqueduktor AB; Boxholms Skogar AB; Boxholms Sag AB; Bro- & Vagbyggnader i 6rebro AB; Byggdirekten AB; Byggmastarnas i Boras Bostads AB; Byggnads AB Martin Karlsson; Byggnads AB Klensmeden; Byggnads AB Klensmeden & Co, KB; Byggnads AB Ragnar Wiksten; AB Balsta Varme & Sanitet; Datatechnology Datech AB; AB Drott; AB Farstaverken; Fastighets AB Betongblandaren; Fastighets AB Sulcus; Fastighets AB Vellonia; Fastighets AB Ragnar WikstE!n; Fastighets AB 6stman & Norell; Fastighetsbolaget Bristahem, KB; Fastighetsbolaget Eneby Centrum, KB; Fastighetsbolaget Pukan, KB; Fastighetsbolaget Tiibymarknaden, KB; Fastighetsbolaget Viksjo Centrum, KB; Fastighetsbolaget Arstahem, KB; Forserums Grus & Schakt AB; Forvaltnings AB Albus; AB Gadus; GEBEA, Goteborgsentreprenorers Bostadsproduktion AB & Co, KB (75%); Glostorps Fastighets AB; Glostorps Fastigheets AB & Co, KB; AB Grundschaktning; AB Grus- och Makadamprodukter; AB Grus- och Makadamprodukter & Co, KB; Grabo Bygg AB; Goteborgs Kross AB (67%); Goteborgs Kross AB & Co, KB (65%); Industriventilation International AB; Industriventilation Lulea AB; Industriventilation Produkt AB; Industriventilation Svenska AB; AB Jarnmontering; AB Kaholmen; Landsbro Grus AB; Lilla Edets Grus AB; Lundby System AB; Magnusson & Gran Byggnads AB; Anders Magnussons Entreprenad AB; Melleruds Gravbolag AB; Myresjofonster AB; AB Malarhus; Newcon AB; AB Norrbottens Cementgjuteri; Nova Scand Utvecklings AB (91%); Oresjos Sektionshus AB; AB Oskarshamns Gravmaskiner; AB Perukmakaren; AB Jan Railing; Rimojokk Kraftverk AB; Saxtorps Trading AB; SCEM AB; Sektionsbyggarna Oresjo AB; Sentab, Svenska Entreprenad AB; AB Joh Sjostrom; Skandinaviska Skorstensbyggnads AB; Skanska Fastighetsservice AB; Skanska Industri- & Marin Service AB; Skanska International AB; Skanska Prefab AB; AB Skanska Makadamfabriken; Stabilator AB; Stenbergs Elektriska AB; Sundsvalls Grus och Betong AB; AB Swedcon International (75%); AB Swedcon International & Co, KB (75%); AB Tryckror; AB Versus; AB Villicus; Vagbyggnadsbyrlm Forvaltnings AB; Vagbyggnadsbyran i Molndal AB; Vagbyggnadsbyran i Skara AB; 6rmo Skogar AB; C G Jensen A/S (Denmark); Marion SA (France); A/S Nefa (Norway); Skanska A/S (Norway); Skanska Baugesellschaft mbH (Germany); Oy Wallit (Finland). Skanska AB also has a large number of associated companies in Sweden and others in Norway, USA, Hong Kong and Yemen


Financial Information: 31.12.84 SKr'OOO

Sales turnover 14,765,000 Profit before tax 553,000 Profit after tax 298,000 Retained profit 174,614 Dividends 123,386 Dividends per share 2.00SKr* Earnings per share 7.50SKr Share capital 617,000 Shareholders funds 1,650,000 'split 5:1

Principal Shareholders: Protorp (13%); Opus (9%) No of Employees: 28,234

31.12.85 SKr'OOO

14,957,000 585,000 258,000 103,767 154,233 2.50SKr 6.00SKr 617,000

1,785,000

191

SWEDEN

SKANSKA BANKEN S-205 40 Malmo Tel: 4640351000 Cable: Skanskabank Telex: 33209 SYDBANK S (General Traffic)

Board of Directors: Carl-S. Roos (Chairman) Management: Axel Roos (Managing Director)

PRINCIPAL ACTIVITIES: Banking business, domestic and international (Regional Bank)

Representative Offices: In London and Oslo Financial Information:

31.12.84 31.12.85 SKr'OOO SKr'OOO

Profit before tax 45,000 88,700 Profit after tax 13,700 52,300 Retained profit 25,943 27,403 Dividends 12,240 15,300 Dividends per share 6.00SKr 7.50SKr Earnings per share 38.00SKr 50.00SKr Share capital 102,000 102,000 Shareholders funds 530,441 594,278 Deposits 5,204,911 5,930,845 Total assets 9,747,579 10,679,056


SKANSKA LANTMANNEN EK FOR 21301 Malmo Tel: (040) 22 0050 Cable: Skanskalantman Telex: 33139 esse II s

PRINCIPAL ACTIVITIES: Wholesale trade in agricultural supplies including grain, fertilisers and farming machinery; manufacture of animal feedstuffs


Sales turnover


1984 SKr'OOO

3,083,100

SKANSKA LANTMANNENS MASKIN AB 21301 Malmo Tel: 040/22 01 50 Cable: Lantmaskiner Telex: 33139

Board of Directors: Goran Ahsheim (Chairman) Management: Bruno Folkesson (Managing Director)

PRINCIPAL ACTIVITIES: Retail trade in tractors, agricultural machinery and earthmoving equipment

Parent Company: Skanska Lantmannen Subsidiary Companies: Entreprenad Center AB Principal Bankers: PK-banken Financial Information:

Sales turnover


SKARABORGSBANKEN Fack Radhusgatan 5, Box 612, 541 29 Skovde Tel: 0500/860 00 Cable: Skaraborgsbank Telex: 67034

Management: G Karlsson (Managing Director)

PRINCIPAL ACTIVITIES: Bank

1984 SKr'OOO 425,000


Profit before tax Profit after tax Retained profit Dividends Dividends per share Earnings per share Share capital Reserves Deposits Total assets

31.12.84 SKr'OOO

83,232 11,195 14,973 10,200

8.50SKr 35.00SKr

60,000 43,738

3,552,700 5,039,000

Principal Shareholders: AB Custos; Forsakrings AB Skandia; Trygg-Hansa; SPP


SKF (AB) Hornsgatan 1, S-415 50 Goteborg Tel: 031-371000 Cable: Kullager Telex: 2350

Board of Directors: Lennart Johansson (Chairman), Peter Wallenberg, G A Costanzo, Giovanni Agnelli, Mauritz Sahlin (Managing Director), Bengt Karlsson, Alf Akerman, Gosta Bystedt, Holger Bohlin, Goran Johansson, Bengt Haak, Valfrid Ljung

Management Board: Mauritz Sahlin (Managing Director and Group Chief Executive), Bengt Kihlberg (Deputy Managing Director), Goran Bergkvist (Deputy Managing Director and Head of SKF Europe), Jan Essunger (Deputy Managing Director and Group Director, Finance and Information Systems)

Senior Executives: Kaj Thoren (Head of SKF Tools), Sten Malmstrom (Head of SKF Components Systems) Ingemar Fernlund (Bearing Staff Director, Product Engineering and Research), Lars G Maimer (Group Director, Public Affairs), Krister Peil (Group Director, Legal), Olle Ranang (Group Director, Personnel and Organisation), Ulf Hoglund (Bearing Staff Director, Manufacturing and Engineering)

PRINCIPAL ACTIVITIES: Manufacture and sale of ball and roller bearings, cutting tools, textile machinery components, airframe components machine tools, linear motion systems, fasteners, transmission and bearing accessories etc

Subsidiary Companies: (100% owned unless stated): SKF Europe: Austria: SKF Osterreich Gesellschaft mbH. Belgium: SKF Belgium SA. Czechoslovakia: Kulickova loziska SKF as. Denmark: SKF Danmark AlS. Finland: Oy SKF Ab. France: SKF Compagnie d'Applications Mecaniques SA (99.7%); SOS Roulements; Les Applications du Roulement (ADR); RKS SA; CGR Roulements. Greece: SKF Hellas SA. Hungary: SKF Sved Golyoscsapagy Reszvenytarsasag. Italy: RIV-SKF Industrie SpA. Netherlands: SKF Engineering & Research Centre BV (99.9%); SKF Kogellagerindustrie BV; SKF Nederland BV; SKF Norma BV. Norway: SKF Norge A/S. Portugal: Sociedade SKF Ltda. Spain: SKF Espanola SA.Sweden: SKF Norden (part AB SKF); SKF Eurotrade AB; SKF Mekanprodukter AB; AB S Fagersten & Co (60%); Lidkopings Mekaniska Verkstads AB. Switzerland: SKF (Schweiz). UK: SKF (UK) Ltd. West Germany: SKF GmbH (99.9%); SKF Gleitlager GmbH; Lidkoping Werkzeugmaschinen GmbH. Yogoslavia: Unis-Tvornica Valkcanih Lezaja-UTL (23%); Unis-Tvornica Lezaja Sokolac (10%). SKF Overseas: Argentina: Cia Sudamericana BTB SA (99.6%); Compania SKF Argentina SA. Australia: SKF Australia Pty Ltd. Belgium: SKF Intertrade SA. Brazil: SKF do Brasil Llda; Comercial Brasileira de Rolamentos Ltda. Chile: SKF Chilena S.A.I.C.; Colombia: SKF Colombia SA. India: Associated Bearing Company Lid (51%); Skefko India Bearing Company Lid (39.9%). Iran: AB SA des Roulements a Billes Suedois SKF. Japan: SKF of Japan Ltd. Kenya: SKF Kenya Lid/ Malawi: SKF Malawi Lid. Malaysia: SKF Malaysia Sdn

192

Bhd. Morocco: Societe de Distribution de Roulements (SDR) (50%). New Zealand: SKF New Zealand Lid. Panama: SKF Panama Free Zone Inc. Peru: SKF del Peru SA. Singapore: SKF South East Asia (Pte) Ltd. South Africa: SKF South Africa (Pty) Ltd; SKF Bearing Manufacturers (Pty) Ltd. Turkey: SKF Bileli Rulmanliari Limited Sirketi. Uruguay: Cia Sud americana SKF. Venezuela: SKF Venezolana SA. Zambia: SKF (Zambia) Ltd. Zimbabwe: SKF (Zimbabwe) (Pvt) Ltd. SKF North America: Canada: SKF Canada Lid. Mexico: SKF Mexicana SA; Industria de Baleros Intercontinental SA de CV (IBISA) (40%). USA: SKF Industries Inc (99.6%). SKF Steel: Belgium: SKF Steel Brussels SA. Denmark: SKF Strel A/S. Canada: SKF Steel Ltd. Finland: SKF Teras Oy. France: SKF Acier SA. Italy: SKF Acciai SpA. Netherlands: SKF Staal BV. Norway: SKF Stal A/S. Sweden: SKF Steel Hofors AB; SKF Steel Hellefors AS; SKF Steel Kilsta AB; SKF Steel Mora AB; SKF Stal Forsaljnings AB; SKF Steel Marketing & Logistics AB; SKF Steel Engineering AB; SKF Steel Couplings AB; SKF Steel Ring AB. UK: SKF Steel Ltd. USA: SKF Steel Inc. West Germany: SKF Stahl GmbH. SKF Tools: Belgium: NV SKF & Dormer Tools (Belgium) SA. Brazil: FPB-FERRAMENTAS SA (90%). Canada: SKF & Dormer Tools of Canada Ltd. France: SKF & Dormer SA. Italy: SKF & Dormer Tools SpA; SKF Utensili SpA. Netherlands: SKF & Dormer Tools BV. Sweden: SKF Tools AB. UK: SKF & Dormer Tools (Sheffield) Ltd. USA: SKF & Dormer Tools Corporation. West Germany: SKF Werkzeuge GmbH. SKF Component Systems: Austria: Seeger Gesellschaft mbH. Belgium: ASEMIA SA. Brazil: Seeger-Reno Industria Comercio Ltda. France: SARMA s.n.c.; Transrol s.n.c.; SKF Equipments. Italy: RFT SpA; Anderton Italia SpA; SKF Componenti Industriali SpA. Netherlands: SKF Transportwielen BV/ Singapore: SKF Manufacturing Singapore (Pte) Ltd (99.9%). Sweden: SKF Specialty Products; Stellana Plast AB. UK: Anderton International Ltd; Stellana Ltd; SKF Engineering Products Lid. USA: AndertonUnited Products Inc; SKF Textile Products Inc; Waldes Truarc Inc. West Germany: Mikronwerk GmbH; SKF Bewegungstechnik GmbH; Seeger-Orbis GmbH; SKF Linearsysteme GmbH; SKF Textilmaschinen-Komponenten GmbH


Sales turnover Profit before tax Profit after tax Dividends Dividends per A & B share Dividend per C share Earnings per share Share capital Shareholders funds


31.12.84 SKr'OOO

17,843,000 1,318,000 1,000,000

203,000 7.00SKr

10.00SKr 25.95SKr 1,350,000 6,772,000

SKOOGS FORETAGSGRUPP AB Box 6, 201 20 Malmo Tel: 040/38 03 80 Telex: 33119 skoogs s

31.12.85 SKr'OOO

19,758,000 1,194,000

898,000 270,000

10.00SKr 10.00SKr 26.65SKr 1,350,000 6,708,000

Board of Directors: Hans Cavalli-Bjorkman (Chairman) Management: Gunnar Skoog (Managing Director) Senior Executives: Bo Forssell

PRINCIPAL ACTIVITIES: Wholesale of electrical and plumbing materials and tubing

Subsidiary Companies: Skoogs Elektriska AB; Skoogs VVS AB; AB Calvert & Co


Sales turnover

31.8.84 SKr'OOO 670,000

Principal Shareholders: The Skoog Family No of Employees: 550

31.8.85 SKr'OOO

1,026,000

SMEDJEBACKEN-BOXHOLM STAL AB Box 501, S-777 01 Smadjehacken Tel: +46 0240/711 20 Telex: 73214

Board of Directors: Carl-Eric Bjorkegren (Chairman) Management: Leif Gustafsson (Managing Director), Curt

Johansson (Finance), Bengt Stenberg (Purchasing), Rune Johansson (Divisional Manager-Metallurgy), Claes Hager (Divisional Manager-Steel Bars), Hans Andersson (Divisional Manager-Reinforcing Steel), Eskil Johansson (Divisional Manager-Steel Structures)

PRINCIPAL ACTIVITIES: Steel works and rolling mills with manufacturing departments for steel structures

Subsidiary Companies: Smedjebacken-Boxholm Stahl GmbH (Germany); Smedjebracken-Boxholm (UK) Ltd (UK); Smedjesbacken-Boxholm Nederland BV, (Netherlands)




SOCKERBOLAGET

Swedish Sugar Co (The) Box 17050, S-200 10 Malmo Tel: 040-249000 Telex: 32416 Socker S

31.12.84 SKr'OOO

1,103,900 2,600

800 117,000

3,000 125SKr 120,000 149,100

Board of Directors: K Ostlund (Chairman), A Brandberg, B Ekman, U Linderoth, S Lithell, A Pettersson, G Wiking, S Wramstedt, L-G Nilsson (Employee Representative), B Perden (Employee Representative)

Company Management: S Wramstedt (Managing Director), T Ryhl (Arlov Division), B Lundborg (Beet Sugar Production), I Gotthardsson (Fodder), T Moller (Business Development), B Blixt (Sales and Logistics), B Gustafsson (Finance/Economy), K Martensson (Research and Development), R Bjorsne (Personnel), Gertrud Helgesson (Information)

PRINCIPAL ACTIVITIES: Production and marketing of sugar and fodder

Parent Company: The Volvo Group (Provender Food AB) Subsidiary Companies: SSA-Bioenergi AB; Fibrex AB; AB

Sorigona; Tricum AB; SSA Development AB Principal Bankers: Skandinaviska Enskilda Banken Financial Information:

Sales turnover Profit before tax' Profit after tax' Share capital 'and allocations


1984 SKr'OOO

1,885,487 183,721 17,608

200,000

1985 SKr'OOO

2,065,491 349,104 125,237 200,000

SODRA SKOGSAGARNA (EK FOR AND SUBSIDIARIES) S-351 89 Vaxjo Tel: 0470/89 000 Telex: 52096; 52031 sodravx s Telefax: 13607

Board of Directors: Nils R Skoog (Chairman), Archibald Dickson (Vice Chairman), Jan Ekman, Tage Hallberg (Employee Representative), Gunnar Hindemark, Sigurd Lundberg, Lars

193

SWEDEN Nyren, Bengt Rogerstam (Employee Representative), LarsEric Astrom

Management: Rune Brandinger (Group President and Chief Executive Officer), Bertil Liljenberg (Vice President, Group Economy and Finance)

PRINCIPAL ACTIVITIES: Forestry, forest industries (pulp, paper mills, sawmills).

Trade Names: Skogcell (pulp) Subsidiary Companies: AB Klippans Finpappersbruk; Fridafors

Bruk AB; Nilssons Tra Hokerum AB; Monsteras Bostads AB; Monsteras Stuveri AB; Forvaltnings AB Valhalla; Meridies Data AB; Sjuharadsskog AB; Skogsagarnas Cellulosa Export AB; SCI les Forestiers; SOdra Forest Products Ltd; SOdra Skogsagarna A/S, Norge; Sodra France SA; Sodra Skogsagarna GmbH; NV SOdra Belgium SA; SOdra Italia Sri; Sodra AG Basel; SOclra Nederland BV; Sodra Skogsagarna AlS, Danmark; Sodra Timber Products Ltd; Skogsagarnas Cellulosa AB; AB Alex Traindustrier; AB Skogens Hus; Skogsagarnas Industri AB; Sodra AB; AB Hultsfredsbyggen; SOdra Skogsagarna Kemi AB; AB Sydskog; AB Skogcell; AB Skogcell; SOdra Timber AB

PrinCipal Bankers: Svenska Handelsbanken; Skandinaviska Enskilda Banken


Sales turnover Profit before tax Profit after tax Retained profit Share capital Shareholders equity


31.12.84 SKr'OOO

5,082,200 179,500 166,300 216,400 137,500 353,900

31.12.85 SKr'OOO

4,537,100 182,900 121,100 334,800 152,600 487,400

SOLIDAR, KONSUMENTFORENINGEN, EK FOR Spang 37, Box 834, S-20180 Malmo Tel: 040/24 30 00 Cable: Solidar

Senior Executives: Sven Hilltorp

PRINCIPAL ACTIVITIES: Department stores Financial Information:

Sales turnover


SOLNA GRUPPEN Bagarbyviigen 61, 191 87 Sollentuna Tel: 08/92 25 00 Cable: Solnaoffset, sth Telex: 10283 solna s

1984 SKr'OOO

1,487,370

Board of Directors: Arne Lundin (Chairman) Management: Ronny Sjoborg (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of printing presses Trade Names: Solna Parent Company: Grafoprint AB Subsidiary Companies: Solna Printing Machinery AB; Solna

Offset AB; Solna Komponenter AB; Solna Inc; Solna GmbH Principal Bankers: PK Banken Financial Information:

Sales turnover Profit (loss) before tax Profit (loss) after tax Share capital Shareholders funds


31.12.84 SKr'OOO 466,800

11,900 11,900

100,000 77,100

31.12.85 SKr'OOO 504,300

(900) (900)

100,000 81,600

SWEDEN

SONESSON-KONCERNEN Box 317, 201 23 Malmo Tel: 040/738 80 Cable: sonessons Telex: 32413 wson s

Board of Directors: Hans-Eric Ovin (Chairman), Anders Wall (Deputy Chairman), Lennart Nilsson, Per Lindblad, Eric Ljung, Birger Lowhagen, Gosta Renell, Sven Agrup, Kjell Persson (Employee Representative), Lars Jansson (Employee Representative)

Group Management: Lennart Nilsson (Group President), Bjorn Olsson (President, SAB NIFE), Melker Schorling (President, Crawford), Hans Borneson (President, Scan pump), Per-Eric Schyberg (President, Leo), Per-Olof Martensson (Executive Vice President, Leo), Sven Ohlsson (President, Dacke Invest), Conny Johansson (President, Svenska Fluidcarbon), Berthold Lindqvist (President, Gambro), Sven-Erik Persson (Vice President Administration)

PRINCIPAL ACTIVITIES: Equipment for rolling stock; batteries; power electronics; industrial doors; pumps; steel lockers; pharmaceutical products; medical technology etc

Subsidiary Companies: SAB NIFE AB; Crawford Door AB; Scanpump AB; AB Leo; Gambro AB; Svenska Fluidcarbon AB; AB Nils Dacke and others. Subsidiaries in 25 countries


Sales turnover Profit before tax Profit after tax' Dividends Dividends per share Share capital 'before minority interests


SSAB SVENSKT STAL AB PO Box 16344, S-103 26 Stockholm Tel: 08/24 23 10 Telex: 12670 ssabkon s

31.12.84 SKr'OOO

4,270,200 260,100 109,000 51,800

3.50SKr 366,300

Board of Directors: Per Skold (Chairman)

31.12.85 SKr'OOO

6,287,400 610,600 109,300 63,700

3.75SKr 424,800

Management: Henry Lundberg (President and Group Chief Executive Officer)

Executive Vice Presidents: Orvar Nyquist, Carl G Vernersson

PRINCIPAL ACTIV/TIES: Steel industry Subsidiary Companies: Dobel AB; Plannja AB; Primdata AB;

Tibnor AB; Platluna AB; Sigvard Kampe AB Principal Bankers: SE-Banken; PK-Banken Financial Information:

Sales turnover Profit (loss) before tax Profit (loss) after tax Dividends Dividends per share Share capital

1984 SKr'OOO

11,960,000 247,000 231,000 37,500

1.50SKr 2,500,000

1985 SKr'OOO

12,931,000 (12,000) (16,000) 37,500

1.50SKr 2,500,000

Principal Shareholders: Swedish State (75%); Granges AB (25%)


STAL REFRIGERATION AB S-601 87 Norrkoeping Tel: (011) 214010 Cable: Frostal Telex: 64110

Board of Directors: Sune Carlsson Management: Erik Herrmann (Managing Director) Senior Executives: Erik Brunell (Finance), Anders Lundberg

(Sales), Lars Ekstrand (Production)

194

PRINCIPAL ACTIVITIES: Complete industrial and marine refrigeration systems; heat pumps

Parent Company: ASEA AB, Sweden Subsidiary/Associated Companies: STAL Refrigeration B.V.

(Netherlands); STAL-LEVIN Ltd (UK); STAL-Kulde A/S (Norway); STAL Kulde A/S (Denmark); STAL Refrigeration Corporation (USA); STAL-SAMIFI SpA (Italy); Stal-Intecno SNC ASEA & Cie (France); STAL-ASTRA GmbH Kaelteanlagen (West Germany); STAL-ASTRA Kaelteanlagen GmbH (Austria); Oy STALNOVO Ab (Finland) and others in Yugoslavia, South Korea, The Philippines, India, Australia, Japan and Singapore


Sales turnover Profit before tax Profit after tax Retained profit Earnings per share Share capital Shareholders funds' including share capital

31.12.84 SKr'OOO 693,242

6,460 2,214

12,246 36.00SKr

55,000 85,692

31.12.85 SKr'OOO 754,336

15,881 8,048

18,211 72.00SKr

55,000 97,491

Principal Shareholders: ASEA AB, Vasteras, Sweden No of Employees: 1,150

STATENSJARNVAGAR 105 50 Stockholm Tel: 08/762 20 00 Cable: Statsbanan Telex: 19410 sjtgmc s

Board of Directors: Bengt Furback (Chairman)

PRINCIPAL ACTIVITIES: National transport services; travel agency interests


Sales turnover


1984 SKr'OOO

14,786,800

STATENS SKOGSINDUSTRIER (AB) S-105222 Stockholm Tel: 08/22 11 40 Telex: 19960 royal s

PRINCIPAL ACTIVITIES: Manufacture of pulp and paper Subsidiary Companies: Frovifors Bruk AB Financial Information:

Sales turnover


STATOIL PETROKEMI AB Box 855, S-444 01 Stenungsund Tel: 0303/870 00 Telex: 2404 staolef s

1984 SKr'OOO

5,400,000

Management: Finn Kulas (Managing Director), Bo Ljungberg (Deputy Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of petrochemical products including ethylene and propylene

Parent Company: Statoil-Den Norske stats oljeselskap a.s., Norway


Sales turnover


31.12.85 SKr'OOO

2,500,000

STC SCANDINAVIAN TRADING CO AB Box 7451, S-103 92 Stockholm Tel: +46 8-78900 00 Telex: 19442 TRADEA S

Management: Jan Danielson (President)

PRINCIPAL ACTIVITIES: Trade in oil, fruit, chemicals and fertilisers, as well as countertrading in these and other products

Parent Company: AB Volvo Financial Information:

Sales turnover Operating (loss)


STENA LINE AB Box 31300, S-40032 Goteborg Tel: 031/420 500 Telex: 2559 stena s

1984 SKr'OOO

27,737,000 (22,000)

PRINCIPAL ACTIVITIES: Operation of shipping line Financial Information:

1985 SKr'OOO

21,514,000 (146,000)

Sales turnover

1984 SKr'OOO

2,926,960

STENA METALL AB Fiskamnsg 8, Box 4088, 400 40 Goteborg Tel: 031/427600 Cable: Stenametall Telex: 2388 stena s

Senior Executives: J Carl stein

PRINCIPAL ACTIVITIES: Trade in iron, steel and non-ferrous metals; recycling of paper and scrap metal


Sales turnover


1984 SKr'OOO

1,706,870

STOCKHOLM ENERGI PRODUKTION AB Tuleg 13, S-11391 Stockholm Tel: 08/736 70 00 Telex: 10119 ENGVSTH Teletex: 2401-8105097 SHFE

Board of Directors: Carl Cederschiold (Chairman) Management: J E Ryman (Managing Director) Senior Executives: A Brodin, G Broman, B Agrenius

PRINCIPAL ACTIVITIES: District heating and electricity supply Subsidiary Companies: Lanforsens Kraft AB; Linje AB

Krangede-Horndal Principal Bankers: Handelsbanken; Skandinaviska Enskilda

Banken Financial Information:

Sales turnover Profit before tax Profit after tax Retained profit

31.12.84 SKr'OOO

1,912,000 6,000 1,000

300,000

Principal Shareholders: City of Stockholm No of Employees: 559

31.12.85 SKr'OOO

2,350,000 1,000 1,000

335,000

STORA KOPPARBERGS BERGSLAGS AB S·791 80 Falun Tel; +46 23 800 00 Cable: stora Telex: 74010 stora s Telefax: +4623 138 58

195

SWEDEN Board of Directors: Peter Wallenberg (Chairman), Peder Bonde

(Vice Chairman), L Eggertz, E Eriksson (Employees' Representative), B Nordstrom (Employees' Representative), J Palmstierna, A Svensson, G Douglas, L Johansson, K-A Linderoth, Bo Berggren (President and Chief Executive Officer. Deputy Members: S Ekbage (Employees' Representative), B Olsson (Employees' Representative), Margaretha af Ugglas, Jacob Wallenberg

Group Management: Bo Berggren (President and Chief Executive Officer), H Vestergren, I HlBgerstrand (Finance), 0 Lundqvist, N Grafstrom (Legal)

Senior Executives: Ulf Gudmundson (Information), Sten Hofvenstam (Personnel)

PRINCIPAL ACTIVITIES: Forestry, forestry products including pulp; generation of electric power; non wovens; packaging; printing paper, specialty paper, fine paper and board; chemicals

Subsidiary Companies: Anderstorp Stal AB; Berg & Abyns Kvarns- och Belysning AB; Bergvik Kemi AB; Billerud AB; AB Domex; Fredco Tra AB; Fredriksson & Co AB; AB G-man, Trelleborg; AB Jabo Traprodukter; Karmansbo Bruks AB; Lindbyns Kraft AB; Ljusnans Kraftaktiebolag; Ljusne-Voxna AB; Orealvens Kraft AB (65%); P Persson & Co AB; SPSnickerier AB; Skutskars Stuveri AB; Solfvarbo EI Kraft AB (70%); Stora Kopparberg FondfOrvaltning AB; Stora Trading AB; Vesterdalelfvens Kraft AB; ML Wittboldt AB; Carolina Forest Industries Inc (USA); Newton Falls Paper Mill (USA); Stara Forest Industries Ltd (Canada); Stora KopparbergBergvik SA (France); Stora (UK) Group Holdings Ltd (UK); Stora Reinsurance SA (Luxembourg); Bergmans Verkstad AB; Bergslagets Bostads AB; Bergvik och Ala AB; Blybergs Kraft AB (66.6%); AB Dannemora Gruvor; AB Getecolor; Kopparland AB; Storalene AB; AS Teta; AB Vikmanshyttans Isolerglas; Wikmanshytte Bruks AB; Stora Bergvik Danmark A/S (Denmark); SA Stora Billerud NV (Belgium); Stora Billerud Sri (Italy); J Schoen makers Beheer BV (Netherlands); Stora Kopparberg AG (Switzerland); Stora Kopparberg Corporation (USA); Stora Kopparberg Gesellschaft mbH (Austria); Stora Kopparberg (Ireland) Ltd (UK); Stora Kopparberg Sales Co Inc (USA); Stora Kopparberg-Bergvik BV (Netherlands); Stora Kopparberg-Bergvik Sales AB

PrinCipal Bankers: SE-Banken



Profit after tax

Dividends per share Earnings per share Share capital

Shareholders equity

31.12.84 31.12.85 SKr'OOO SKr'OOO

8,083,900 12,921,300 372,500 471,000 214,000 413,200

4.20SKr 6.00SKr 19.00SKr 17.40SKr

820,300 820,300 1,751,600 1,762,000

Principal Shareholders: AB Patricia (23.3%) AB Investor (13.2); Forvaltnings AB Providentia (11.2%); Skandia Group (2.8%); Swedish Staff Pension Society (2.6%); The E J Lundberg's Foundation's Education Fund (2.3%)


STORSTOCKHOLMS LOKAL TRAFIK Box 6301,11381 Stockholm

Tel: 08/786 10 00

Telex: 19159 sltrans s

PRINCIPAL ACTIVITIES: Local public transport Financial Information:

1984

SKr'OOO Sales turnover 3,946,000


SWEDEN

SUNDS DEFIBRATOR AB 851 94 Sundsvall

Tel: 060/56 72 00

Cable: Sunds

Telex: 71053 sunds s

Board of Directors: Bo Rydin (Chairman)

Management: Jan-Eric Bladh (Managing Director). Rune Engstrom (Executive Vice President). Erik Sjunnesson (Executive Vice President). Lennart Edstrom (Research and Development). Inge Nises (Finance). Willy Olsson (Production)

PRINCIPAL ACTIVITIES: Sunds Defibrator Group manufactures equipment and develops processes for producing chemical and mechanical pulp and fiberboard. converting corrugated sheets into case blanks. bundling steel bars and coils. and handling textile fibres

Trade Names: Sunds. Defibrator

Parent Company: Svenska Cellulosa AB. SCA

Subsidiary Companies: Sund Emba AB. Sweden and subsidiaries in Paris. Madrid. Vienna. London. Montreal. Minneapolis. North Lima. Ohio. Sao Paulo, Tokyo, Melbourne, Auckland



Sales turnover

Operating profit

No of Employees: 1.210 (Sweden)

1984

SKr'OOO

1.087,000

28.000

SUNDSVALLS VERKSTADER (AB) Box 710, S-851 21 Sundsvall

Tel: 060/1991 00

Cable: VerkstBderna

Telex: 71260 emhart s

Board of Directors: Magnus Lindahl (Chairman)

1985

SKr'OOO

1.355,000

63.000

Management: Stig Lundquist (Managing Director), Stem Emklot (Deputy Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of machinery for the production of glass containers

Trade Names: EMHART Parent Company: Emhart Corporation, USA

Principal Bankers: Handelsbanken; Nordbanken


Sales turnover

Profit before tax

Profit after tax


SUPRAKONCERNEN Box 516. S-261 24 Landskrona

Tel: 0418/761 00

Cable: Supra

Telex: 72588 Supra s

Board of Directors: Erik Tonseth (Chairman)

1985

SKr'OOO

513,000

14.100

3.500

Management: Folke Martensson (Managing Director)

Senior Executives: Orvar Jedeur-Palmgren, Goeran Ahrsjoe

PRINCIPAL ACTIVITIES: Manufacture of industrial chemicals and fertilisers

Trade Names: Supra AB

196

Parent Company: Norsk Hydro A/S



31.12.84 31.12.85

SKr'OOO SKr'OOO

Sales turnover 2,252,800 2,182,900


Profit after tax 3.800 2,600

Retained profit 13.400 6,300

Dividends 10.500 8.000

Dividends per share 105SKr 80SKr

Earnings per share 276SKr 96SKr

Share capital 100.000 100.000


Principal Shareholders: Norsk Hydro A/S. Norway; SLR (Swedish Farmers' Purchasing and Marketing Organisation). Sweden


SURAHAMMARS BRUKS AB S-735 00 Surahammar

Tel: 0220/304 00

Cable: Bruket

Telex: 40742; 40644 sura s

Telefax: 0220/30372

Board of Directors: Bert-Olof Svanholm. Lennart Grsnas

PRINCIPAL ACTIVITIES: Iron and steel industry; electrical steel sheet and railway wheels

Trade Names: SURA

Parent Company: ASEA AB

Subsidiary Companies: Normag Inc (USA); Cor-Magnetics Inc (Canada)



Sales turnover


SVEDALA-ARBRA AB 233 00 Svedala

Tel: 040/40 11 00

Cable: Svedalaabra

Telex: 32390 sasved s

31.12.84

SKr'OOO

539,008

Board of Directors: Arne G Bern (Chairman). Wendell F Bueche, Tord Andren. Jan Knutsson. John L Platner

Management: Jan Knutsson (Managing Director). Bengt Karlsson (Director of Marketing). Rolf Lundahl (Controller). Bengt Ringstrom (Production Director). Nils-Ake Berglund (Foundry Manager. Svedala). Lennart Nilsson (Assistant to Managing Director). Bengt Wasterdal (Plant Manager, Arbrs). Arvid Svensson (Technical Manager)

PRINCIPAL ACTIVITIES: Manufacture of mining, crushing and waste processing equipment; steel castings; snow-clearance equipment

Trade Names: Svedala-Arbra, Sal a

Parent Company: Allis-Chalmers Corporation. USA

Subsidiary Companies: Sala International AB; Svedala-Arbra A/S (Norway); Svedala-Arbra GmbH (West Germany); Svedala-Arbra AG (Switzerland)

Principal Bankers: Skanska Banken; Handelsbanken


Sales turnover'

Profit before tax

Profit after tax

Aetained profit

Earnings per share

Share capital

'including Sala

31.12.84

SKr'ooo

520,800

21,300

14,200

17,600

160SKr

67,000

31.12.85

SKr'OOO

567,200

14,200

8,300

18,300

110SKr

67,000

Principal Shareholders: Allis-Chalmers Corporation, USA

No of Employees: 1,180 (inc Sala)

SVENSKA AGGHANDELSFORBUNDET 196 80 Kungsangen

Tel: 0758/70120

Cable: Eggunion, Stockholn

Telex: 13669

Board of Directors: Rune Fredell (Chairman)

Management: Nils Norstrom (Chief Executive), Gosta Nilson (Marketing Director, Executive Vice President)

PRINCIPAL ACTIVITIES: Packing and marketing of eggs

Trade Names: KRONAGG

Subsidiary Companies: AB Svenska Aggprodukter

Principal Bankers: Foreningsbankernas Bank


1984 1985

SKr'OOO SKr'OOO


Profit before tax

Profit after tax

Retained profit

Members' capital


SVENSKA CELLULOSA AB SCA 851 88 Sundsvall

Tel: 060/193000

Cable: Pulpco svl

Telex: 71000 SCA S

5,000

2,000

2,000

2,953

Board of Directors: T Browaldh (Chairman), SAndo, G Dahlsten, T Daun, T Hedelius, R Francke, P lindberg, S Martin-Lof, E Penser, B Rydin

Management: B Aydin

Senior Executives: S Martin-Lof, J-S Enander, B Haden

4,900

3,000

2,700

3,045

PRINCIPAL ACTIVITIES: Manufacture of pulp, paper and board; timber; engineering; generation of electricity; hygiene products

Subsidiary/Associated Companies: Ba/forsens Kraft AB; Forvaltnings AB Aeolus; Sunds Defibrator AB; SCA Shipping AB; SCA Beteiligungen GmbH (West Germany); Molnlycke AB; SCA Emballage AB; SCA Teknik AB; SCA Nordliner AB; SCA Packaging AB; SCA Paper AB; SCA Pulp AB; SCA Skog AB; SCA Timber AB; Papeteries Leon Clergeau SA (France); NEHIM BV (Netherlands); SCA Cayman Ltd (Cayman Islands); SCA Holdings Ltd (UK); Svenska Cellulosa (France) SA (France); Svenska Cellulosa Italiana S.r.1. (Italy); Svenska Cellulosa Nederland BV (Netherlands)


197


31.12.84 31.12.85 SKr'OOO SKr'OOO

Sales turnover 11,516,000 12,611,000 Profit before tax 1,519,000 1,323,000 Profit after tax 1,303,000 1,173,000 Retained profit 620,000 614,000 Dividends 178,000 224,000 Dividends per share 3.50SKr 4.40SKr Earnings per share 16.00SKr 13.00SKr Share capital 1,258,000 1,270,000 Shareholders funds 2,671,000 2,846,000

Principal Shareholders: AB Industrivarden; AB Custos; SHB's Pensionsstiftelse


SVENSKA ESSO AB Box 5833, 102 48 Stockholm Tel: 08/783 60 00 Cab~:Esso; Essoswed Telex: 19135 esso s

Board of Directors: Jan Ekman (Chairman) Management: Bengt Sjogren (Managing Director) Senior Executives: Gustav Gradin, Jan Nilsson

PRINCIPAL ACTIVITIES: Trade in petroleum products Trade Names: Esso, Primus, Esso Motor Hotel Parent Company: Esso Invest Subsidiary Companies: Esso Motor Hotel; Primus-Sievert Principal Bankers: Skandinaviska Enskilda Banken Financial Information:

Sales turnover

Principal Shareholders: Exxon Corp No of Employees: 2,200

SVENSKA FINA AB Box 1084. 16312 Spango Tel: 750 78 80 Telex: 15735 fina s

SKr'OOO 6,600,000

Management: J L Warner (Managing Director)

PRINCIPAL ACTIVITIES: Retail petroleum and petroleum products

Parent Company: Petrofina SA. Belgium Financial Information:

Sales turnover


SVENSKA HANDELSBANKEN Blasieholmstorg 11. 10328 Stockholm Tel: (468) 7691000 Cable: Handelsbank Telex: 11090

SKr'OOO 900,000

Board of Directors: J Wallander (Chairman). T Browaldh (Deputy Chairman). M Carlgren (Deputy Chairman). L Claesson. P-O Edin. J Ekman (Deputy Chairman). C-E Feinsilber. T Falldin. T Hedelius (PreSident). N Holgerson. B Karlson. U Laurin. P lindberg. B lindegren. G Lundblad. B Lowhagen. B J Persson. B Aydin, G Sundblad. A Wall. S Agrup

Management: J Hedelius (PreSident) Executive Vice Presidents: Regional Bank Divisions:- H

Clarkson (Stockholm City). H Lundholm (Central Sweden). A Martensson (Western Sweden). GRundstrom (Southern Sweden). C Kallstromer (Northern Norrland). J Setterberg (Greater Stockholm), L Spetz (Southern Norrland). B Strage (Eastern Sweden). Central Head Office:- M Abrahamsson (Central Administration Division). B Damberg (Central Credit Division), L Nyberg (Central Division of Investment Banking). K Wahlstrom (Central Controller's Division). L Bertmar (Corporate Finance). Central International Divisions:-A Ljungh

SWEDEN (Division Head), L Odnevall (Medium and Long-Term Finance), S Wikstrom (Foreign Exchange)

PRINCIPAL ACTIVITIES: Bank Subsidiary Companies: Fastighets AB Filia; Sigab (95%);

Svenska Finans AB (95%); Fastighets AB Blasieholmen; Handelsbankens Fondservice AB; Svenska International Ltd (UK); Svenska Handelsbanken SA (Luxembourg); Svenska Handelsbanken Inc (USA); Svenska Handelsbanken Asia Ltd (Singapore)

Financial Information: Consolidated Figures 31.12.84 31.12.85

Profit before tax( 1 ) Retained profit Dividends Dividends per share Earnings per share Share capital Shareholders funds Deposits Total assets (1) and allocations (2) adjusted to conform with

new accounting principles

SKr'OOO 1,688,600(2)

141,300 203,800 7.50SKr

31.ooSKr(2) 630,700

1,116,000 70,058,000

157,287,000

SKr'OOO 1,865,600

102,000 262,500 9.75SKr

35.70SKr 630,700

1,288,600 65,774,000

164,750,000

Principal Shareholders: The Oktogonan Foundation (5.2%); The Skandia Group (5.1%); SPP (Pension Insurance) (4.8%); The Trygg-Hansa Group (5.0%); Industrivarden (3.3%); The Folksam Group (2.1%); Uinsforsakringsbolagen, Stockholm (1.2%); Almedahl-Dalsjofors (1.1%); Lansforsiikringar Norbotten (1.1 %); PK Bankens Aktiesparfond (1.1 %)


SVENSKA HOECHST AB Box 5415, 402 29 Goteborg Tel: 031/678500 Cable: Hoechstanilin, Gbg Telex: 2275 hoegbg s

Board of Directors: Lars 0 Ericson (Chairman) Management: P A Lundblad (Managing Director)

PRINCIPAL ACTIVITIES: Import and distribution of paints, plastiCS, synthetic fibres, industrial chemicals and other products of Hoechst AG Frankfurt



1984 SKr'OOO 753,600

15,000,000

1985 SKr'Ooo 849,000

15,000,000

Principal Shareholders: Hoechst AG, Frankfurt, West Germany No of Employees: 256

SVENSKA LANTMANNENS RIKSFCRBUND

Swedish Farmers' Supply & Crop Marketing Association Box 12238, 102 26 Stockholm Tel: 08/13 15 00 Cable: Riksforbundet Telex: 19460 sir s

Board of Directors: Yngve Ahlsten (Chairman), Lars-Olof Larsson

PRINCIPAL ACTIVITIES: Trade in grain and seeds, feed and feed ingredients, fertilisers, pesticides, agricultural machinery and tractors, fuel oils

Subsidiary Companies: The Cerealia Group; Lantmiinnens Maskin Co

Principal Bankers: PK-banken; Foreningsbanken

198



1984 SKr'OOO

9,554,179 29,609 10,520

1985 SKr'ooO

9,291,797 45,113 18,982

Principal Shareholders: 19 regional cooperatives No of Employees: 247

SVENSKA MEJERIERNAS RIKSFORENING UPA Swedish Dairies' Association Box 24, 101 20 Stockholm Tel: 08/23 87 00 Cable: Riksmejerier Telex: 19333

Board of Directors: Bengt Ola Edlund (Chairman) Management: Lennart Tiberg (Managing Director)

PRINCIPAL ACTIVITIES: Production of milk and dairy products Trade Names: SMR Principal Bankers: PK-banken; F6reningsbanken; Svenska

Handelsbanken Financial Information:



SVENSKA MOTOR AB

SMA Box 1363, S-171263 Solna Tel: 08/830935

PRINCIPAL ACTIVITIES: Motor trade Financial Information:

Sales turnover


31.8.84 SKr'OOO

3,062,115 14,197 4,867

12,017 37,018

1984 SKr'OOO

1,160,000

SVENSKA PERSONAL-PENSIONSKASSAN

SPP Regeringsgatan 107, 10373 Stockholm Tel: 08/787 30 00 Cable: Pension

Management: Karl-Axel Linderoth (Managing Director)

PRINCIPAL ACTIVITIES: Life insurance Financial Information:

Premium income


o SVENSKA PRESSBYRAN (A B) See PRESSBYRAN, SVENSKA, (AB)

SVENSKA RAYON AS 660 50 Wilberg Tel: 054/141000 Cable: Rayon, Karlstad Telex: 66086 rayon s

Board of Directors: Peter Sahlin (Chairman) Management: Per Ahlgren (Managing Director)

SKr'OOO 4,800,000

PRINCIPAL ACTIVITIES: Manufacture of rayon staple fibre Trade Names: SWELAN

Parent Company: KF Industri AB Principal Bankers: Wermlandsbanken Financial Information:



SVENSKA SHELL KONCERNEN Armegatan 38, 171 79 Solna Tel: 08/7308000 Cable: Shell Telex: 19360 shell s

1984 SKr'OOO 384,000

22,000

Board of Directors: Alf Bergman (Chairman), J Roland Williams

PRINCIPAL ACTIVITIES: Wholesale trade in petrol, petroleum products, oils, greases, asphalt, petrochemicals

Parent Company: AB Svenska Shell Financial Information:

31.12.84 SKr'OOO

Sales turnover 11,648,000 Profit before tax 20,000 Profit after tax 14,000 Retained profit 954,000 Dividends 30,000 Dividends per share 30SKr Earnings per share 14SKr Share capital 100,000

31.12.85 SKr'OOO

12,860,000 117,000 117,000 978,000 35,000 35SKr

117SKr 100,000

Principal Shareholders: The Shell Petroleum Company Ltd (100%)


SVENSKA TOBAKS AB Box 17007, 10462 Stockholm Tel: (08) 58 0200 Cable: Swetobacco Telex: 17091 swetob s

Board of Directors: Sven G Andren (Chairman), Soren Gyll, Clas Bohman, Nils Holgerson, Erik Hook, Goran Linden, Gosta Renell, Stig Tillmar, Klaus Unger

Management: Klaus Unger (President) Senior Executives: Max Bolander, Georg Falk, Carl-Ake

Franzen, Stellan Ohrstom

PRINCIPAL ACTIVITIES: Manufacture and sale of tobacco products

Parent Company: Procordia AB Subsidiary Companies: Elisabeth Bas BV (Netherlands); The

Pinkerton Tobacco Company (USA) (bought July 1985); Fleximark AB; AB Kornet




SVENSKA UNILEVER Box 7838, 103 98 Stockholm Tel: 08/23 83 80 Cable: Unilever Telex: 19332 uniexp s


1,597,000 1,770,800 86,400 340,200 46,400 340,200

211,400 257,800 300,000 400,000 647,400 1,087,600

199

SWEDEN Management: Ingvar Jonsson (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of detergents, soaps and household products

Principal Bankers: Bell Engineering Works Ltd (Switzerland); De Pretto-Escher Wyss SpA (Italy); Turbosystems International (USA)


Sales turnover Profit before tax Profit after tax Retained profit Dividends Share capital

Principal Shareholders: Unilever NV/PLC No of Employees: 1 ,532

1984 Skr'OOO

1,668,200 153,500 60,700

109,400 51,500

100,500

SVERIGES SLAKTERIFORBUND (INCLUDING SUBSIDIARY COMPANIES) 121 86 Johanneshov

Tel: 08/713 00 00 Cable: Scan Telex: 19394; 19384 scan s

Board of Directors: Lars Elander (Chairman) Management: Sven Tidala (Managing Director) Senior Executives: Anders Johansson, Ola Sand, Lars Danell,

Alf Nilsson, Svante Thunqvist

PRINCIPAL ACTIVITIES: Meat and meat products; poultry Trade Names: Scan, Essman, Samfod, Kronfagel, Ivars Subsidiary Companies: AB Kronfagel, AB Samfod, Scanfood

AB; Konvex AB; Scan AB; Kottforsknregsinstitutet AB; Ellco Food AB; Secco Tork AB; Stenab Produktion AB

Principal Bankers: Skanska Banken; Foreningsbankernas bank Financial Information:

31.12.84 SKr'OOO

Sales turnover 5,933,800 Profit before tax 15,100 Profit (loss) after tax (6,900) Cooperative capital 83,200 Shareholders funds 18,200

Principal Shareholders: Cooperative Organisation No of Employees: 2,113

SWEDBANK Sparbankernas Bank Brunkebergstorg 8, S-10534 Stockholm Tel: +46 8-222320 Cable: SWEDBANK Telex: 12826 swedbnk s

31.12.85 SKr'OOO

6,528,600 47,900

300 91,400 24,900

Board of Directors: Ingemund Bengtsson (Chairman), Bertil Sjostrand (First Vice Chairman), Ake Janson (Second Vice Chairman), Erik Hovhammar, Birger Lonnquist, Leif Lewin, Folke Toyra, Arne Lundberg, Kjell Andersson, Bernt Groan, Kurt Lodenius, Goran Collert (President), Per-Goran Nyberg. Appointed by the Government: Gunnar Hofring. Deputy members: Anders Larsson, Erik-Anund Hallin, Rolf Westergren. Ove Rydin, Johan Engstrom, Gosta Karlsson. Appointed by the employees' trade unions: Ragnar Bergling, Goran Henningsson, Fred Friberg

EXfJcutive Committee: Ingemund Bengtsson. Bertil Sjostrand, Ake Janson, Birger Lonnquist, Folke Toyra. Deputy members: Leif Lewin, Bernt Groan, Goran Collert.

PRINCIPAL ACTIVITIES: Banking

SWEDEN Financial Information: Consolidated Figures

31.12.84 SKr'OOO

Profit before tax Profit after tax Retained profit Share capital Shareholders funds Deposits Total assets

472,000 400,000 10,000

180,000 2,632,000

19,146,000 116,255,000

31.12.85 SKr"OOO 532,000 480,000 15,000

360,000 2,896,000

16,260,000 131,442,000

Principal Shareholders: The Swedish Savings Banks No of Employees: 1,139

SWEDCARRIER (AB) Ostermalmsg 47, Box 26008, 10041 Stockholm Tel: 08/14 02 00 Cable: Svelastbil Telex: 19604 svelast s

Senior Executives: N-O Landeberg

PRINCIPAL ACTIVITIES: Transport services; shipping, air transport and road haulage


Sales turnover


SWEDISH MATCH PO Box 16100, S-103 22 Stockholm Tel: Int +46 8 22 06 20 Cable: matchco stockholm Telex: 19454 match s Telecopier: 08-20 70 10

1984 SKr'OOO

1,030,000

Board of Directors: Curt Nicolin (Chairman), Sven Wallgren (Vice Chairman), Sigvard Ando, Gosta Bystedt, Claes Dahlbiick, Hans Larsson, Lars Gunnar Lindberg, Lennart Engstrom, Karl-Erik Sahlberg, Mrs Margaretha af Ugglas

Corporate Management: Hans Larsson (President and Chief Executive Officer), Torbjorn Nilsson (Vice President), Willi Senn (Vice President)

Senior Executives: Andrejs Cakste (Business Control), Arne Brinkman (Management Personnel), Peo Lindholm (Finance), Sven Yngwe (Information), Anders Aberg (Legal)

PRINCIPAL ACTIVITIES: Swedish Match is an international industrial corporation with a decentralized organization. It consists of the following groups: Tarkett (flooring), Swedish Match Con~umer Products (matches, lighters and paper prOducts), Akerlund & Rausing (packaging), Swedoor, Kitchens and Alby (chemicals)

Subsidiary Companies in Europe and North America: Tarkett AB; HTH Kok Svenska AB; E Leksell AB; Marbodal AB; Star Byggterminal AB; Nils Troedsson AB; Swedoor AB; Arenco Match Machinery AB; Intermatch Sweden AB; AB JonkopingVulcan; Svenska Tiindsticksbolagets Forsiiljningsaktiebolag; Ceka Pac AB; Finess International AB; Rinaldo & Johansson AB; JD Stenqvist AB; Swedish Tissue AB; AB Akerlund & Rausing; Alby Klorat AB; Fastighetsaktiebolaget Match, Sweden; Swedish Match Holding A/S; Tarkett ApS; HTH Aarhus A/S; HTH Hiller0d A/S; HTH Hj0rring ApS; HTH Kolding A/S; HTH K0kkener A/S; HTH Lyngby ApS; HTH Odense ApS; HTH Tisstrup A/S; Marbodal; Scadania A/S; A/S Akerlund & Rausing, Denmark; Tarkett Oy; Marbodal Oy; Oviteollisuus Oy (51.6%); Bjorneborgs Tiindsticks-fabriks Ab, Finland; Bryn-Halden & Nitedals Taendstikfabrik A/S; Fagertun-Tarkett A/S; HTH Bergen A/S; Starkj0kken A/S; HTH Kj0kken A/S; HTH Oslo Sentrum A/S; HTH Oslo Vika

200

A/S; HTH Trondheim A/S; Scadania A/S; Nitedals Taendstiker A/S; Transparent Emballasje A/S, Norway; Tarkett Ges.m.b.H; Sirius-Solo Zundholzfabrik Ges.m.b.H., Austria; AIIuma SA; NV Unal SA; Swedish Match Finance International SA, Belgium; Swedish Match Holding SA; Tarkett SA; Adco SA; Cricket SA; Feudor SA; Akerlund & Rausing SARL, France; Tarkett Ltd, Eire; Swedish Match Holding Company NV; BV Nederlandse Lucifers-Handelmaatschappij v/h J.W. Attema & Co; Poppell BV; Akerlund & Rausing Benelux BV, Netherlands; Sociedade Nacional de Fosforos SARL (70.1%); Sociedade de Iniciativa e Aproveitamentos Florestais SARL (99.9%), Portugal; Swedish Match Consumer Products; TerzaDiamond SA, Switzerland; Swedish Match Holdings Ltd; Tarkett Ltd; Swedoors Ltd; Bech, Neale & Co Ltd; Solo Matches Ltd; Universal Wood Products Ltd; Akerlund & Rausing Ltd; East & Baker Ltd; Pembroke Packaging; Star Interiors Ltd, UK; Swedish Match Beteiligungen GmbH (99.9%); Swedish Match Risk Management GmbH (99.9%): Tarkett GmbH (99.9%); Nordic-Holz Bauelemente GmbH (99.9%); Deutsche Zundholzfabriken GmbH (99.9%); Akerlund & Rausing Papierwaren GmbH (99.9%); Akerlund & Rausing Verpackung GmbH (99.9%); 3K-Buromobel GmbH (99.9%); Rhenowest Kunststoff-und Spanplattenwerke GmbH (99.9%); Star Mobelwerk GmbH (99.9%), Germany; Swedish Match Holding Inc; Harris-Tarkett Inc; Tarkett Inc; Swedoors Inc; Universal Match Corp; Alby-Olin Chlorates Company (75%), USA; Alby Chlorates Canada Inc (75%), Canada and others in Argentina, Brazil, Chile, Colombia, Dominican Republic, Jamaica, Peru, Uruguay, Australia, Bangladesh, Morocco, Pakistan, Philippines, Thailand and Zaire



31.12.84

SKr'OOO



Net result 427,000

Dividends 77,000


Earnings per share 28.05SKr


Shareholders equity 1,570,000


SWEDYARDS CORPORATION SVENSKA VARV AB Eriksberg, Box 8954, 402 74 Goteborg

Tel: + 46-31 65 86 00

Telex: 214 54 SVEVARV S

31.12.85

SKr'OOO

10,718,000

195,000

174,000

85,000

10.50SKr

24.10SKr

404,000

1.582,000

Board of Directors: Bjorn Wahlstrom (Chairman), Kaj Janerus, Sten Wikander, Sven Olving, Gustav Heiberg Simonsen, Per Tegner, Bjorn Wahlstrom, Olof Lund. Employee Representatives: Kjell Ekvall, Tore Martenson. Deputy Members: Olle Stangberg, Bo Eriksson, Gert Karlgren

Group Management: Olof Lund (Group President and Chief Executive Officer), Kent Sj06 (Executive Vice President), Bengt Gamner, Kent Johansson

Group Staff: Ake Plyhm (Corporate Control). Lennart Jiirvengren (General Council), Tor Grotenfelt (Corporate Finance), Kent Johansson (Information)

PRINCIPAL ACTIVITIES: Offshore; energy; ship repairs; ship production; engineering; piping installations; marine and industrial services

Subsidiary Companies: Gotaverken Arendal AB: Kockums AB; Karlskronavarvet AB; Citgo AB: Finnboda AB: Calor-Celsius AB; Gotaverken Energy Systems AB; Generator Industri AB

Principal Bankers: SE Banken; Handelshanken


Sales turnover (Loss) before tax Profit (loss) after tax Share capital Shareholders equity

31.12.84 SKr'OOO

7,078,000 (1,036,000) (1,045,000) 1,000,000 1,245,000

Principal Shareholders: The Swedish State No of Employees: 15,649 Group

SYDKRAFT AB Carl Gustafs Vag 1, 200 70 Malmo Tel: 040/2450 00 Cable: Sydkraft Telex: 32810

31.12.85 SKr'OOO

6,985,000 (519,000) 418,000 500,000 576,500

Board of Directors: A Lundberg (Chairman), S Sterning (Vice Chairman), J Dahlfors (Second Vice Chairman), G Ahlstrom, S Andersson, B Christersson, V Bjork, E Eskilstorp, B Persson, C B Raven, P-H Ohlsson, A Karlsson, A Sjoberg, N Yngvesson, J Dahlfors, B Danas, K Hakansson, T Lundstrom, B Ostman

PRINCIPAL ACTIVITIES: Electricity, gas and water services Subsidiary Companies: Bjurfors AB; Blekinge Fastbransle AB;

Dangs AB (66.67%); Edhs Elektriska Kraft AB; Hjalta AB (85%); Karlsshamnverkets Kraftgrupp AB (70%); AB Lenhovda Elverk (88%); Mattmars Kraft AB; Nissans Kraftforvaltnings AB; AB Nordkraft; Pengfors AB; AB Skanor-Falsterbo Elverk; AB Storboforsen (51%); AS Sydbransle; AB Sydenergi; Sydkraft Naturgas AB; Sydkraft Varme AB; Sydvenska Varmekraft AS; AB Sydvarme; Trangfors AB; AB Vellingeortens Electricitetsverk; Wemmenhog-Skytts Kraft AB; Vannas Kraft AB; Varmeshults AB; Ljungby Industrivarme HB (51%); Onnestads Andelselectricitetsforening MBPA




31.12.84 SKr'OOO

3,752,000 551,000

62,000 98,700

988,000

SYDSVENSKA DAGBLADETS AB Box 145, 201 21 Malmo Tel: 040/93 60 00 Cable: Sydsvenskan Telex: 32318 sdsred s

31.12.85 SKr'OOO

4,544,000 602,000

87,000 108,700 988,000

Management: Leif Ingvaldsson (Managing Director)

PRINCIPAL ACTIVITIES: Printing and publishing newspapers Principal Bankers: Skandinaviska Enskilda Financial Information:


1985 SKr'OOO 570,259

8,401 4,254 8,085 2,417

2:50SKr 5.60SKr

19,333 4,020

Principal Shareholders: (% ownership of share capital shown) Wahlgrenska Stiftelsen (3.4%); Owner Families (49.7%); Fastighets AB (25.5%); Employees (17.2%); Others (4.2%)


201

SWEDEN

SYSTEMBOLAGET AB Box 7828, 103 97 Stockholm Tel: 08/789 35 00 Telex: 8105098

Board of Directors: B Goransson (Chairman), E .A.sbrink (Vice Chairman), G Romanus (Managing Director), 0 Andreasson (Member of Parliament), I Elm (Member of Parliament), A Hallman (Managing Director), Jakob Lindberg (Assistant Under-Secretary), T Lundgren (Office Manager), Lennart Nilsson (Director-General of the National Swedish Tax Board), B Johansson (Shop Manager), N-T Strom (Shop Manager), CA Ifvarsson (Deputy Member, Deputy Director-General of the National Swedish Board of Health and Welfare), T Karlsson (Deputy Member, Member of Parliament), L Lindstam (Deputy Member, Assistant Under-Secretary), M Olsson (Deputy Member, Member of Parliament), B Stensson (Deputy Member, Member of Parliament), K Andersson (Deputy Member, Shop Manager), B Persson (Deputy Member, Shop Manager)

Management: G Romanus (Managing Director), L Jansson (Vice Managing Director), J Thagesson, L Ragnarsson, T Carlsson, G Lindblad, I Svensson

PRINCIPAL ACTIVITIES: Systembolaget is a state-owned monopoly which covers retail sale of spirits, wines and strong beers in Sweden. The company also sells non-alcoholic party drinks as a substitute for alcoholic drinks


Sales turnover Profit before tax Profit after tax Dividends' Dividends per share Earnings per share Share capital Shareholders funds 'the profits remaining after

the dividend payment is paid into the state finances

31.12.84 SKr'OOO

12,723,800 345,200 144,300 25,000 50SKr

289SKr 500

217,400

Principal Shareholders: State owned (100%) No of Employees: 4,000

TARKETT GROUP Box 3004, 372 03 Ronneby Tel: 0457/71000 Cable: Tarkett Telex: 43566 tarkett 5

President: Finn Johnsson

31.12.85 SKr'OOO

13,546,400 334,700 136,100

272SKr 500

210,800

Directors: Lars Thelander, Ingvar Backhamre, Staffan Junel, Kulle Svensson

Senior Executives: Agne Pettersson (Business ContrOl), H Tholinder (Business Development)

PRINCIPAL ACTIVITIES: Manufacture of resilient, wooden and textile flooring

Trade Names: TARKETT Parent Company: Swedish Match Subsidiary/Associated Companies: Tarkett Oy (Finland);

Fagertun Tarkett A/S (Norway); Tarkett GmbH (West Germany); Tarkett GesmbH (Austria); Tarkett France Sari (France); Tarkett ApS (Denmark); Tarkett Ltd (UK); Tarkett Ltd (Eire); Tarkett Inc (USA); Harris-Tarkett Inc (USA); Tarkett Australia Pty Ltd (Australia)




1985 SKr'OOO

2,669,000 181,000

SWEDEN

TELEFONAKTIEBOLAGET L M ERICSSON See ERICSSON, TELEFONAKTIEBOLAGET L M,

TELEVERKET Fack 12386, Farsta Tel: 08/7131000 Telex: 14970

Board of Directors: Tony Hagstrom (Chairman), B Rosqvist, L Bergander, B Kindbom, R Benn, G Lennartsson, G Lundh, B Rydin, C-S Giesecke, G Hambraeus

PRINCIPAL ACTIVITIES: Telecommunications equipment and services including telephones; radio broadcasting, data information services and alarm systems

Subsidiary Companies: Teleinvest AB; Notelsat (50%); EI/emtel Utvecklings AB (50%)



30.6.84 SKr'OOO

14,047,000 294,000

No of Employees: 43,537 (excluding subsidiaries)

TEll TELEINDUSTRIER AB Box 234, 149 01 Nynashamn Tel: +46 752-620 00 Telex: 19260 TEll S Telefax: +46 752 176 52

Chairman: Tony Hagstrom Managing Directors: Per Ake, E Edlund

30.6.85 SKr'OOO

15,495,000 329,000

PRINCIPAL ACTIVITIES: Telecommunications equipment Trade Names: TEll, TELEINDUSTRIER AB Parent Company: Teleinvest AB Subsidiary Companies: Teli PIc (UK); Teli SEA (Singapore); Teli

control communication (Norway, Sweden and UK) Principal Bankers: Svenska Handelsbanken Financial Information:


31.6.85 SKr'OOO

1,730,000 71,000 71,000

Principal Shareholders: Teleinvest AB No of Employees: 4,500

TENO AB Box 297, 601 04 Norrkoping Tel: 011/197503 Telex: 64329 teno 5

Telefax: 011/197550

31.6.86 SKr'OOO

2,028,.000

Board of Directors: Karl Erik Persson, Tor-Olof Dahl, BerndtAke Ericsson, Kai Hietarinta, Jouko Leskinen, Ronald Lundholm, Jan Ohlsson, Bertil Ronndahl, Peter Sahlin, Magnus Savander, Gote Hansson, Robert Issal (Managing Director)

Management: Robert Issal

PRINCIPAL ACTIVITIES: Manufacturers of polyethylene film, sacks and bags

Trade Names: Tenofilm, Tenotak, Tenotat, Wettex Parent Company: KF Industri AB Subsidiary Companies: Teno AS (Denmark); Wettex Sales Ltd

(UK); Teno A/S (Norway); Essem Plast AB. Associated Companies: Cel/oplast USA Inc (37.4%) (USA)


Sales turnover Profit (loss) before tax Profit (loss) after tax Share capital Total equity

31.12.84 SKr'OOO 655,207

(1,350) (1,638) 24,000 34,157

31.12.85 SKr'OOO 722,034

64 28

24,000 34,224

202

Principal Shareholders: KF Industri AB (51%); Oy W Rosenlew Ab (25%); Neste Oy (24%)


TETRA PAK.INTERNATIONAL AB Fack 22101 Lund Tel: 046/10 40 00 Cable: Tetrapak Telex: 32140 tplund 5

Management: T Johannesson (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of paper products including cups, tubes, disposable cartons; packaging machinery


Sales turnover


TEXACO OIL AB Box 7839, S-103 98 Stockholm Tel: 08/22 82 40 Cable: Texacoil Telex: 10695 texoil 5

1984 SKr'OOO

3,051,400

Board of Directors: Per Hakan Osvald (Chairman) Management: Sture Hernow (Managing Director)

PRINCIPAL ACTIVITIES: Wholesale and retail trade in petrol and petroleum products

Trade Names: TEXACO Parent Company: Texaco International Trader Inc; Ultimate

parent company Texaco Inc, USA Principal Bankers: SE-Banken; PK-Banken Financial Information:

Sales turnover Profit (loss) before tax· Profit after tax Retained profit Share capital ·and disposition


THUN, ERIK, AB

1984 SKr'OOO

2,495,018 (4,417)

110,000 110,000 25,000

Cstra Hamnen 7, Box 900, S-531 19 Lidkoping Tel: 0510-220 20 Cable: 'Thunship' Telex: 670 70 THUNLD S Telefax: 46-51027542

President: Helge Kal/sson Directors: Jan Kal/sson, Anders Kal/sson

1985 SKr'OOO

2,891,320 119,348

25,000

PRINCIPAL ACTIVITIES: Shipowners, shipbrokers Subsidiary Companies: Arafart AB; Lovene Dorrfabrik AB;

Thunbolaget AS; Thunrederier AB; Rederi AB Gota Kanal; Uddeval/a Skeppsmakleri AB; Vaners Stuveri AB; Thuns Befraktnings AS; Jubels Fastighets AB; Lacko-Data AB; Thunship AB; Este Frachtschiff GmbH; Canal route AB; Jubels Forvaltnings AB; Etab Ltd; Mark AB Salen Idre; Mark AB Salfjal/stangen; Falkenbergs Flytdockor AB; Angbats AB EOS; AB Traff i Lidkoping; Rederi AB Vanern; Hoganas Bransle AB; Redereij Thun BV; Contrnar Marine SA; Rederi AB Kinnekul/e; Eurocontact Forvaltnings AB; Reclerij Black Sea BV; Mecka Marknad i Lidkoping AB

Principal Bankers: Svenska Handelsbanken


Group sales turnover Profit before tax Profit after tax Dividends Dividends per share Share capital Shareholders funds

31.12.84 SKr'OOO 352,000

14,000 14,000

80 20.00SKr

2,000 5,000

Principal Shareholders: The Kallsson Family No of Employees: Company: 35, Group: 236

TISNOR AS Box 9100,10272 Stockholm 9 Tel: 08/744 00 20 Cable: Tibnor Telex: 19486 Telefax: 7442396

31.12.85 SKr'OOO 280,000

2,000 2,000

80 6.70SKr

6,000 3,000

Board of Directors: Henry Lundberg (Chairman). Sven Soderberg, Wiking Sjostrand. Gunnar Engman. Solvieg Wikstrom, Carl G Vernersson, Anders Ullberg. Hans Bergstrom (President). Employee Representatives: Gottner Holmberg, Bengt SOderlund. Bengt Nilsson. Hans Johansson

Group Executive Management: Hans Bergstrom (President). Peter Kerell (Economy, Finance and Administration), Hans Hansson (Vice President Steel, Non-Ferrous Metals and Building Materials), Lennart W Andersson (Eastern Region), Christer Ekelund (Western Region), Sten Ahlgren (Southern Region), Christer Eriksson (Northern Region)

Senior Executives: Business Sectors: Stune Renebo (Commercial Steel), Hans Castwall (Tubes and Special Steel), Curt Larnhed (Stainless Steel), Richard Fuchs (Non-Ferrous Metals), Urban Branden (Building Materials), Christer Ekelund (Tools, Industrial Products and Machinery)

PRINCIPAL ACTIVITIES: Wholesale steel, non-ferrous metals, stainless building materials, machinery, tools and industrial supplies

Trade Names: TIBNOR Parent Company: SSAB Svenskt Stal AB (85%); AVESTA AB

(15%) Subsidiary Companies: (100% owned unless stated): Tibnor

Energi AB; Tibnor Goteborg AB; Tibnor International AB; Tibnor Koping AB; Tibnor Malmo AB; Tibnor Platbasen AB; Tibnor Stockholm AB; Tibnor Sunsvall AB; Tibnor Trading AB. Operating subsidiaries: AB N J Backlund; Tibnor Geijers AB; Broson AB; AB Abrahamssons Jarnafflir; Tibnor Lulea AB; Tibnor Ostergotland; AB Falu Masklnaffar; Gustafsson & GOrtz AB; Heimer & Co AB; AB Hyden & Co; AB Idestrand & Co; Fritz Lundgren AB; AB Melanderska Jiirnhandeln; A Nicklasson AB; AB G W Nilsson; Scholander SISI AB; Schreiner Fleischer AS (Norway); Tibnor AKMA AB; Tibnor Dalarna AB; Tibnor Karlges AB; Tibnor International Inc (USA); Jacob Wennberg AB; Wolraths Jarn AB; Hans Aman AB. Shareholding subsidiary: Geico AG (Switzerland) and a number of dormant subsidiaries

Principal Bankers: Skandinaviska Enskilda Banken; Svenska Handelsbanken; Gotabanken

Financial Information: Consolidated figures 31.12.84

Sales turnover Profit before tax' Profit before tax Net profit Dividends Dividends per share Earnings per share Share capital Shareholders funds 'and appropriations

SKr'OOO 5,145,000

109,500 45,000 40,000

109.90SKr 100,000 307,130

31.12.85 SKr'OOO

5,203,600 72,000 24,900 20,000 23,000

23.00SKr 72.00SKr

100,000 281,917

203

SWEDEN Principal Shareholders: SSAB Svenskt SIal AB (85%); Avesta

AB (15%) No of Employees: 2,689

TIDNINGS AS MARIESERG 100 26 Stockholm Tel: 08/738 2900 Cable: Dagsnyheter Telex: 13152 TIDMA

Supervisory Board: Jan Wallander (Chairman), G Bonnier, J Bonnier, T Bonnier, 0 Maberg, G Petren, C Reuterskiold, S Nycander, B Stromstedt, S G Svensson, J Akerman, C Nylander, H Eriksson

Management Board: C Reuterskiold (Managing Director), H Tingmalm (Vice Managing Director), A Ahrsjo (Vice Managing Director)

Senior Executives: S Nycander (Chief Editor Dagens Nyheter), Ch Jutterstrom (Chief Editor Dagens Nyheter), B Stromstedt (Chief Editor Expressen), J Kopp (Technical Director), L Borin (Financial Director), U Mattsson (Personnel Director)

PRINCIPAL ACTIVITIES: Publishing of newspapers Trade Names: DAGENS NYHETER (morning-newspaper),

EXPRESSEN (evening-newspaper) Subsidiary Companies: AB Vintervagen; Pressens Bild AB; AB

Film-Teknik; GME-System AB; Video Express AB; Media Transfer AB


Sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per share Earnings per share Share capital Shareholders funds 'adjusted for split of shares

and bonus issue


1984 SKr'OOO

1,874,600 57,000 22,300 7,900

14,400 2.33SKr'

11.05SKr' 103,800 91,500

TOUR & ANDERSSON AS Svardlangsvagen 46, S-121 72 Johanneshov Tel: 08/81 1200 Gable: Tourand, Stockholm Telex: 19599 tajo s Telecopy: 450520

1985 SKr'OOO

2,157,600 178,700 77,700 56,200 21,500

3.50SKr' 14.95SKr'

122,900 133,800

Board of Directors: Lars V Kylberg (Chairman), Bertil Regner, Enno Abel, Fredrik Lundberg, Hans Stahle, Lennart Wahlgren (Managing Director)

Management: Lennart Wahlgren (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of electronic control apparatus, valves and fittings for heating and ventilating plants; sanitary fittings; fire fighting equipment

Trade Names: TA, AHA Parent Company: Incentive AB Subsidiary Companies: Arcu Armaturindustri AB; T A Industri

Automation AB; T A Svenska Forsaljnings AB; NV T A Control SA (Belgium); TA Control A/S (Denmark); Tour & Andersson Oy (Finland); TA Control France SA (France); Tour & Andersson Nederland BV (Netherlands); TA-ESCO A/S (Norway); Tatour AG (Switzerland); TA Controls Ltd (UK); Tour & Andersson Inc (USA); TA ROKAL GmbH (Germany); Tour & Andersson GesmbH (Austria); TA-Gebiiudeautomation GmbH (Germany); Tour & Andersson Ltd (Canada); Tour & Andersson Pty Ltd (Australia)

Principal Bankers: Gotabanken


Sales turnover


TRANSATLANTIC, REDERI AB, 403 36 Goteborg Tel: 031/63 50 00 Cable: Nike Telex: 2300 TRANS S

1984 SKr'OOO 855,000

Board of Directors: Bo Rydin (Chairman), Torkel Carlsson, Claes Dahlbiick, Dag Adler, Peter Carlsson, Jaan Kaber, Uif Linden, Goran Sundblad, Bengt Andreasson (Employee Representative), Sven Thorell (Employee Representative), Liss Jensen (Representative for the Swedish Seamen's Union) Jan-Erik Strand man (Representative for the Swedish Engineer Officers' AssOCiation), Barbro Johansson (Employee Representative)

Group Executive Management: Peter Carlsson (Group President, President, Transatlantic Shipping Co Ltd), Stellan Daun (Group Senior Vice President, President, Swedish Transocean Lines), Bjorn Ersman (Executive Vice President, Transatlantic Shipping Company Ltd), Bo Midander (Executive Vice President, Swedish Transocean Lines), Mats LissDaniels (Vice President, Administrative Director), Per Fagerlund (Vice President, Technical Director)

PRINCIPAL ACTIVITIES: Ship owners Principal Subsidiary Companies: Rederiaktiebolaget

Transocean; Transocean Shipping Agency AB; AB Scanfreight (33%); Atlantic Container Line (ACL) AB; Simon Edstrom AB; Ocean Terminalen AB; Transatlantic Project and Contract Cargoes AB; Maxton AB (31%); Transatlantic Southern Africa Servies AB; The Transatlantic Shipping Agency Pty Ltd (South Africa); Transocean Shipping Agency A/S (Denmark); Intercontinental Transport (ICT) BV (50%) (Netherlands); Trans Barwil Agencies (UK) Ltd (50%) (UK); Transocean Oy (43%); Transatlantic Bulk Shipping AB; Transatlantic Ship Management AB; Transatlantic Representation (West Africa) AB; Citrans AB/KB (50%); TransConsultants AB (60%); Transatlantic Trading AB; The Transatlantic Holdings Pty Ltd (Australia); Trans-Austral Shipping Pty Ltd (Australia); Transpacific Bulk Carriers Pty Ltd (Australia); Wiltrans Agency Pty Ltd (50%) (Australia); Safe Offshore AB (27%); Transtema AB (50%)


Sales turnover Profit (loss) before tax Profit (loss) after tax Retained profit Earnings per share Share capital Shareholders funds

31.12.84 SKr'OOO

3,362,400 (4,600) (6,400) 50,200

120,500 224,800

31.12.85 SKr'OOO

3,434,700 10,400 9,300

50,300 4.60SKr 120,500 224,800

PrinCipal Shareholders: Rederi AB Transmark (18.1 %); Brostrom Shipping Co Ltd (24.88%); Forvaltnings AB Etuiet (15.8%); The Adlerbert Foundations (4.44%); Almedahl-Dalsjofors AB (2.57%)


TRELLEBORG AB 231 81 Trelleborg Tel: +46 410/510 00 Cable: Trelleborggummi Telex: 32950 trelle s

Board of Directors: Ernst Herslow (Chairman), Bertil Bertilsson (Deputy Chairman), Rune Andersson (Managing Director and Group President), Hans Cavalli-Bjorkman, Jan Odhnoff, Borje

204

Karlsson, Ingvar Wenehed, Goran Linders, Lennart Nilsson, Gustaf Douglas

Management Board: Rune Andersson (Managing Director and Group President), Bo Forsen (Deputy Managing Director), Thomas Older (Deputy Managing Director)

Senior Executives: Carl Aspegren (Legal/Information), Lars Goran Barck (Personel), Ivar Akerman (Treasurer), Bo Jacobsson (Controller/Internal Audit), Ulf Svensson (Purchasing), Fredrik Arp (Tyres), Stefan Johansson (Industrial Supplies)

PRINCIPAL ACTIVITIES: Trelleborg is a Swedish corporation operating within the field of highly qualified products in rubber, thermoplastic elastomers, plastic and composite materials, primarily for industrial applications

SubSidiary Companies: Ulvex AB; Tekniska Gummifabriken Jakobsberg AB; Trelleborg Gummiwerke GmbH; Trelleborg BV; AB Viirnamo Gummifabrik; Eskilstuna Gummi AB; Trelleborg i Orebro AB; Sigma AB; Trelleborg Atlas A/S; Bakker Rubberfabriek BV; Goodall Rubber Co; Spondon Plastics Ltd; own sales companies in 18 countries


31.12.84 SKr'OOO


31.12.85 SKr'OOO

2,132,200 85,900 69,400

127,000 20,951

2.50SKr 13.40SKr

209,500 263,400

Principal Shareholders: Dunker funds; AB Hevea; 4th AP-fund; Forsinvest AB


TRYGG-HANSA Flemmingatan 18, 106 26 Stockholm Tel: 08/785 1000 Telex: 19887 hansa s

Board of Directors: Hans Lowbeer (Chairman), C-S Giesecke

PRINCIPAL ACTIVITIES: Life insurance and non-life insurance Parent Company: Hansa omnsesidig sakforksiikring (Hansa

Mutual General Insurance Co) Subsidiary Companies: Hansa Foretag Forsiikrings AB (Hansa

Commercial & Industrial Insurance Co); Hansa Trafik omsesidig sakforsakring (Hansa Commercial Motor Insurance Co); Hansa SSO Forsiikringsaktiebolag (Hansa Marine Insurance Co); Hansa International Forsiikringsaktiebolag (Hansa International Insurance Co)

No of Employees: 2,506 Office Staff, 617 Field Staff

UPSALA-EKEBY AB Box 603, S-751 25 Uppsala Tel: 18-111120 Cable: Ekeby S Telex: 76032 Ekeby s

Management: Ulf Ericsson (President), Bengt Andreasson (Executive Vice PreSident), Berti! Rolf (Vice PreSident, Marketing)

PRINCIPAL ACTIVITIES: Manufacture of ceramic products, china, crystal and soda glass, cutlery

Trade Names: Rorstrand, Kosta Boda, GAB Gense, Hackefors Subsidiary Companies: Rorstrand AB; Kosta Boda AB;

Guldsmedsaktiebolaget GAB; Kosta Boda France SARL (France); Kosta Boda Suisse S.A. (Switzerland); Kosta Boda USA Ltd (USA); Rorstrand Norge A/S (Norway); A/S Gense (Denmark)

Principal Bankers: Uplandsbanken; Svenska Handelsbanken


Sales turnover

1984 SKr'OOO 465,000


V.A.G. SVERIGE AB Verkst.v.14, 151 88 Sc5dertalje Tel: 0755/83500 Telex: 10216 Vagsve s

Chairman: Nils Linander Directors: Yngve Nord Senior Executives: Ake Brannstrom, Urban Erdtman, Christer

Wannemo

PRINCIPAL ACTIVITIES: Import and distribution of motor vehicles

Parent Company: Saab-Scania AB Subsidiary Companies: V.A.G. Stockholm AB; Interrent

Biluthyrning AB Financial Information:

31.12.84 SKr'OOO

31.12.85 SKr'OOO

Sales turnover 2,047,663 2,616,346 Profit before tax 127,762 Profit after tax 19,658 Dividend 11,760 Dividend per share 16% Share capital 73,500

Principal Shareholders: Saab-Scania AB (67%) No of Employees: 957

VALAND OMSESIDIGT LlVFORSAKRINGSBOLAG Box 7829, S-10397 Stockholm Tel: 08/22 34 20

PRINCIPAL ACTIVITIES: Life insurance services Financial Information:

150,719 15,618 11,760

14% 84,000

Premium income

1984 SKr'OOO

1,121,000

VARGON ALLOYS AB 468 00 Vargon Tel: 0521/203 70 Cable: Vargab Telex: 42025 vargab s Teletex: 8285038-vargab

Board of Directors: Stig H Tjernstrom (Chairman) Management: Ingemar Widell (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of ferrochromium, ferrosilicon, ferro silico chromium and electrode coating powder

Principal Bankers: Sparbankernas Bank; Skandinaviska EnskHda




1984 SKr'OOO 329,000

11,000 10,000 17,000

VASTSVENSKA LANTMAN FOR UPA 531 87 Lidkoping Tel: 05 10/221 40 Cable: Westlantman Telex: 67198 vlhks

Board of Directors: Arne Christensson (Chairman)

1985 SKr'OOO 259,000

2,000 1,000

17,000

205

SWEDEN Management: Arne Frisinger (Managing Director), Lars Johnson

(Marketing Director), Bert Ericsson (Financial Manager)

PRINCIPAL ACTIVITIES: Farm input supply and crop marketing Subsidiary Companies: Vanfor KB; Terrama Lantbruk AB;

Terrama Entreprenad AB Principal Bankers: PK-Banken, Foreningsbanken Financial Information:


Sales turnover 2,020,000 2,157,000 Profit before tax 3,400 20,700 Profit after tax 1,100 11,200 Share capital 72,000 80,000 Shareholders funds 105,000 124,000

Principal Shareholders: Cooperative owned by 14,600 members No of Employees: 1,100

VIN- & SPIRIT CENTRALEN AB Box 43005, 100 72 Stockholm Tel: 08/180060 Cable: Vinasprit Telex: 11895 vinos s

Management: Lars Lindmark (Managing Director)

PRINCIPAL ACTIVITIES: Manufacture of wines, spirits and liqueurs


Sales turnover


VIVO-FAVOR FORBUNDET Box 1301, 171 25 Solna Tel: 08/734 54 50 Telefax: (08) 27 34 56

1984 SKr'OOO

1,863,760

Board of Directors: Permanent Members: Henry Andersson, Jan Edstrom, Stig Levin, Sture Moberg, Sven Nilsson, Verner Soderqvist. Deputy Members: BertH Anderson, Reidar Hagfoss, Ove Jeppsson, Ulf Kroon, Eugen Persson, Gote Thelin. Additional Member: Clas Andersson

Management: Paul Hansen (Managing Director)

PRINCIPAL ACTIVITIES: Supermarkets Trade Names: Vivo, Favor, Minilivs, Matnara Financial Information:

Sales excl tax

1984 SKr'OOO

7,220,000

No of Employees: 8,500 (Retail Stores)

VOLVO,AB S-405 08 Goteborg Tel: 46 31 59 00 00 Cable: Volvo Goteborg Telex: 27000 Volvo S

1985 SKr'OOO

8,665,000

Board of Directors: Pehr G Gyllenhammar (Chairman and Chief Executive Officer), Tore Browaldh (Vice Chairman), Lennart Johansson (Vice Chairman), Nils Holgerson, Ulf Laurin, Mats Israelsson, Sven Agrup, Nils Holgerson, Goran Johnsson (Employee Representative), Stig A L Svensson (Employee Representative), Hakan Frisinger, Bengt Haak, Hans-Eric Ovin, Ulf G Linden. Deputy Members of the Board: Egon Kajsjo (Employee Representative), Olle Ludvigsson (Employee Representative). Secretary to the Board: Claes Beyer (Secretary to the Board)

Group Management: Pehr G Gyllenhammar (Chairman and Chief Executive Officer), Hakan Frisinger (President), Ulf G Linden (Executive Vice PreSident), Gosta Renell (Executive Vice President), Bo Ekman (Senior Vice President), Ernst G

SWEDEN Knappe (Senior Vice President), Gunnar L Johansson (Senior Executive Vice President), Lennart Jeansson (Senior Vice President)

PRINCIPAL ACTIVITIES: Development, production and marketing of products and services for transport; active in the energy field, food processing and in finance operations

Trade Names: Volvo Subsidiary Companies: Manufacturing companies:- Volvo Car

Corporation; Volvo Truck Corporation; AB Volvo Penta; Volvo Components Corporation; Centro-Morgardshammar AB; Volvo Flygmotor AB; Volvo Bus Corporation; Kockums Jernverksaktiebolag; Volvo Trucks (Great Britain) Ltd (UK); Industria de Motores Diesel SA de CV (Mexico); Volvo do Brasil Motores e Veiculos SA (61%) (Brazil); Volvo del Peru SA (87%) (Peru); Swedish Motor Assemblies, Sdn Bhd (50%) (Malaysia); Volvo Australia Pty Ltd (Australia); Volvo BM AB; Thai Swedish Assembly Co Ltd (Thailand). Sales companies:Volvo Svenska Bil AB; Volvo Norge AS (Norway); Volvo Danmark AfS (Denmark); Volvo Auto Oy Ab (Finland); Volvo Deutschland GmbH (Germany); Auto Carrier System GmbH (Germany); Volvo (Suisse) SA (Switzerland); Volvo France SA (France); Volvo Distribuidora SA (Peru); Volvo Sudamericana SACI (Argnetina). Other subsidiaries:- STC Scandinavian Trading Company AB; Provendor Food AB; AB Fortos; Volvo Energibolagen; Volvo Transport AB; Volvo Data AB; Fbrsakrings AB Volvia; Steget AB; Volvamus AB; Fastighets AB VOlvo-City; Volvo International Development AB; Volvo Aktiesparfondfbrvaltning AB; Volvobil AB; VTS Transportation Systems AB (92%); AB Vulcanverken; Investment AB Cardo; United Turbine AB & Co KB (75%); Volvo Continental NV (Belgium); Volvo Capital BV (Netherlands); Volvo Approvisionnement SARL (France); Volvo North America Corp (USA); Beijer Industries Inc (USA); Volvo Capital Corporation (USA); Volvo Penta de Mexico SA de CV (Mexico); VLA, SA (Panama); Comercio e Participac;:ao Volvo Ltda (Brazil); Volvo Amazonas SA (Peru); Beijer (Hong kong) Ltd (Hong Kong); Volvo Far East Ltd (Hong Kong); Volvo Thailand Ltd (Thailand); Beijer (Singapore) Pte Ltd (Singapore); Volvo East Asia (Pte) Ltd (Singapore); Volvo Finance SA (Switzerland); Volvo Finance Far East Ltd (Hong Kong) and 14 dormant companies


Sales turnover Profit before tax(1) Net income Retained profit Dividends Dividends per share Earnings per share Share capital Shareholders equity (l)allocations & minority

interests (2)stock split


VOLVO BM AB 631 85 Eskilstuna Tel: 016/151000 Cable: Munktells Telex: 46130

Chairman: Eric Johanson

31.12.84 SKr'OOO

87,052,000 7,647,000 1.565.000

997,000 411,000

5.30SKr(2) 46.50SKr 1,940,000

14,842,000

Directors: Stig Arne Olson (Managing Director)

31.12.85 SKr'OOO

86,196,000 7,602,000 2.546.000 1,727,000

666,000 8.50SKr

49.20SKr 1,940,000

17,667,000

Senior Executives: Ove Danerlbv (Senior Vice President), SvenEric Carlsson (Senior Vice President), Harry Backstrom (Senior Vice President), Lennart Soderberg (Senior Vice President)

PRINCIPAL ACTIVITIES: Manufacture of construction, mining and material handling equipment

Trade Names: Volvo BM

206

Parent Company: VME Group NV, Netherlands Subsidiary Companies: Volvo BM Iberica (Spain); Volvo BM

Maskin A/S (Norway); Volvo BM UK Ltd (UK); Volvo BM Materiels TP SA (France); VME Deutschland GmbH (West Germany)

Principal Bankers: Svenska Handelsbanken; Skandinaviska Enskilda Banken; PK-banken


SKr'OOO SKr'Ooo Sales turnover 2,615,000 3,189,000 Profit before tax 66,000 152,000 Profit after tax 43,000 26,000 Retained profit 8,000 35,000 Dividends 15,000 Dividends per share 91SKr Earnings per share 703SKr 921SKr Share capital 165,000 165,000 Shareholders funds 269,840 333,000

Principal Shareholders: AB Volvo; Clark Equipment Co, USA No of Employees: 5,300

VOL VO BUS CORPORATION S-405 08 Gbteborg Tel: +46 31-66 80 00 Telex: 27000 VOLVO S

Management: Larserik Nilsson (President)

PRINCIPAL ACTIVITIES: Manufacture of buses, bus chassis and components

Parent Company: AB Volvo Financial Information:

Sales turnover Operating income


1984 SKr'OOO

1,336,000 114,000

VOL VO CAR CORPORATION S-405 508 Gbteborg Tel: 031/590000 Telex: 2700 VOLVO S

Management: Roger Holtback (PreSident)

1985 SKr'OOO

1,672,000 60,000

PRINCIPAL ACTIVITIES: Manufacture of passenger cars Parent Company: AS Volvo Financial Information:



VOLVO Fl YGMOTOR AB S-461 81 Trollhattan Tel: 520/94000 Cable: flygmotor Telex: 42040

President: Gunnar L Johansson

1984 SKr'OOO

30,304,000 5,737,000

1985 SKr'OOO

34,549,000 6,138,000

Directors: Arne Wittlbf (Technical), Hans Kruger (Sales, Military), Rolf Andersson (Sales, CommerCial), Ingemar Olsson (Production), Leif Gustafsson (Finance and Administration)

Senior Executives: Bengt Eriksson (Vice President)

PRINCIPAL ACTIVITIES: Manufacture of jet engines, hydraulic products; automotive components; heaters; energy recycling systems

Parent Company: AB Volvo Subsidiary Companies: Volvo Hydraulics Corporation; Volvo

Hydraulikfabrik GmbH; A Anderssons Maskin AB; Volvo Flygmotor Transmissioner AB



Sales turnover(1) Profit before tax(2) Profit after tax(3) Retained profit Dividends

Dividends per share Share capital Shareholders funds (1 )including subsidiaries (2)and allocations (3)before internal consolidation


VOLVO PENTA AB S-405 08 G6teborg Tel: +46 31-66 81 00; 23 54 60 Cable: Penta Telex: 20755 PENTA S Telefax: 510595

31.12.84 SKr'OOO

1,345,000 143,000 124,000 47,000 16,500 15SKr

110,000 156,000

Board of Directors: P G Gyllenhammer, Olle Johanson, Ernst G Knappe, Anders Lindstrom, Hans-Eric Ovin, Bo Nyhlen, Bengt Segeheden Sven Timm

Management: Bo Nyhlen (President)

PRINCIPAL ACTIVITIES: Development, design, manufacture and marketing of marine and industrial engines, marine transmissions and industrial components

Parent Company: AB Volvo Subsidiary Companies: Volvo Penta UK Ltd, Volvo Penta

Deutschland GmbH, Volvo Penta Italia SpA Financial Information:



1985 SKr'OOO

2,262,000 330,000

VOLVO TRUCK CORPORATION S-405 08 G6teborg Tel: 031/666000 Telex: 27000 VOLVO S

Management: Sten Langenius (President)

PRINCIPAL ACTIVITIES: Manufacture of trucks Parent Company: AB Volvo Financial Information:



W WEIBULL AB See WEI BULL, W, AB

WALLEN IUS LINES Rederi AB Soya

1984 SKr'OOO

15,219,000 1,122,000

1986 SKr'OOO

2,109,000 178,000

1985 SKr'OOO

16,642,000 921,000

Swedenborgsgatan 2, Box 17086, S-104 62 Stockholm Tel: 08/7720500

Cable: Walleniusrederi Telex: 19010 owline s Telefax: 08-40 68 54

207

SWEDEN Board of Directors: John G Kleberg (Chairman), Rune

Smedman, Per Hakan Osvald, Ingvar Vesterby, Margareta Wallenius-Kleberg, Arne Koch, Klas Kleberg

Management: Arne G M Koch (President), Ch Olsson, G Lindeblad, 0 Hasselqvist, I Vesterby, Margareta WalleniusKleberg

PRINCIPAL ACTIVITIES: Shipping services; vehicle shipments

Trade Names: WALLENIUS LINES

Parent Company: Rederi AB Soya

Subsidiary Companies: (100% owned unless stated): Rederi AB Wallenco; Rederi AB Wallship; Rederi AB Wallstar; Rederi AB Walltank; Rederi AB Wallmarin; KB Rederi AB Soya & Co (61%); Wallenius Lines (Japan) Ltd (78%) (Japan); Motorships Inc (USA); Wallenius lines (Singapore) Pte Ltd (Singapore); Wall nor A/S (Norway)

Principal Bankers: Skandinaviska Enskilda Banken; Post- och Kreditbanken


31.12.84

SKr'OOO





Dividends 15,000



Total equity 106,672

Principal Shareholders: Wallenius Family (100%)


W ARBY KALLA AB Box 9, S-14301 Varby

Tel: 08/7405000

Telex: 19490

Management: G6sta Burman (Managing Director)

PRINCIPAL ACTIVITIES: Brewers and soft drinks manufacturers; mineral water

31.12.85

SKr'OOO

2,445,164

77,012

20,396

22,106

20,000

50.00SKr

40,000

93,669

Trade Names: Warby, Kavaljer, Svensk Lager, Norrland

Parent Company: KF


Sales turnover


WEIBULL, W, AB Box 520, 261 24 Landskrona

Tel: 0418/780500

Cable: Wei bull

Telex: 72388 weibull s

Telefax: 0418/19585

1984

SKr'OOO

537,000

1985

SKr'OOO

639,000

Board of Directors: Per-Erik Persson (Chairman)

Management: Torbj6rn Sandberg (Managing Director), Sven Sandahl (Vice Managing Director)

Senior Executives: Ingvar Nilsson, Peder Weibull

PRINCIPAL ACTIVITIES: Plant breeders; producers of agricultural and horticultural seeds

Parent Company: Hillesh6g AB (100%)

Subsidiary Companies: W Weibull GmbH (Germany); Geertsema Zaden BV (Netherlands)



Sales turnover Profit before tax Profit after tax Retained profit Dividends Dividends per share Earnings per share Share capital Shareholders funds 'in 1984 garden operations

transferred to new company-Wei bull International AB


WERMLANDSSANKEN Box 1008, S-651 15 Karlstad Tel: 054/17 40 00 Cable: WERMLANDSBANK Telex: 660 33 Webankk S

1984' SKr'OOO 297,600

9,000 4,100 4,900 3,800 5SKr 6SKr

36,000 14,100

1985 SKr'OOO 339,900

5,300 2,000 2,100 2,000

2.5SKr 3SKr

36,000 14,100

Supervisory Board: Maans Nerman (Chairman of the Board), Ingemar Essen (Deputy Chairman of the Board), Lennart Hemmingson, Goesta Orrlind, Ingvar Larsson, Carl Johan Wettergren, Lars Ander, Sune Lundh, Bengt Magnusson, Gunnar Schotte, Bo Nord, Ulia-Britt Green

Management Board: Maans Nerman (Chairman of the Board), Gunnar Schotte (Managing Director and Chief Executive), Lars Hammar (Deputy Managing Director and Deputy Chief Executive), Tord Olofsson (Deputy Managing Director), Anders Mattsson (Deputy Managing Director), Sven Palm, Aake Lindell, Kjell Mellander, Bo Nord (Staff Representative), Ulia-Britt Green (Staff Representative)

PRINCIPAL ACTIVITIES: Banking business Trade Names: Wermlandsbanken Subsidiary Companies: Fastighets AB Merkurius;

Wemlandsbankens Finans AB Principal Bankers: Philadelphia International Bank; Midland

Bank PLC; Credit de Lyonnais; Deutsche Bank Financial Information:

31.12.84 31.12.85 SKr'OOO SKr'OOO

Profit before tax 37,900 31,000 Profit after tax 13,700 19,400 Retained profit 11,300 11,500 Dividends 13,500 17,400 Dividends per ordinary share 8.50SKr 11.00SKr Earnings per ordinary share 41.91 SKr 40.50SKr Dividends per preference

share 2.50SKr 2.50SKr Ordinary share capital 78,100 78,100 Preference share capital 4,000 4,000 Shareholders funds 588,600 642,000 Deposits 4,692,500 4,692,600 Total assets 7,144,000 8,039,800

Principal Shareholders: Bonnier & Bonnier Independent Investment AB; Stiftelsen Wevas; Nya Wermlands-Tidningens AB


WILH SeCKER (AS) See BECKER, WILH, (AB)

WIRSSO SRUKS AS 730 61 Virsbo Tel: 0223/342 00 Cable: Wirsbobruk, Fagersta Telex: 7517 wirsbo s Telefax: 0223/34012

208

Board of Directors: Ossi Virolainen (Chairman) Management: Ake Forsell (Chief Executive)

PRINCIPAL ACTIVITIES: Manufacture of steel, copper and plastic pipe and tube for heating, plumbing and sanitary installations and industrial purposes; forgings

Trade Names: Aquawarm, Wirsbo PEX, Wirsboflex, Meltaway, Radisol, Climatube, Prisol, Plus Prisol, Polyheat

Parent Company: Outokumpu Svenska AS, ultimate parent company Outokumpu Oy, Finland

Subsidiary Companies: Wirsbo Aguawarm AS Principal Bankers: Handelsbanken Financial Information:

Sales turnover Profit before tax Profit (loss) after tax Retained profit Profit after depreciation' Dividends Share capital Shareholders funds 'and financial items

31.12.84 SKr'OOO 957,000

247 (352)

31,190 34,793 10,000 40,000 81,756

Principal Shareholders: Outokumpu Svenska AS No of Employees: 1 ,233

31.12.85 SKr'OOO 996,000

1,690 1,040

21,993 7,803

40,000 73,587

YNGVE KULLENSERG SYGGNADS AS See KULLENBERG, YNGVE, BYGGNADS AS

ZANDER & INGESTROM GROUP Box 12088, S-102 23 Stockholm Tel: 46-8 80 90 00 Telex: 10074 ZIS S

Board of Directors: Harry Faulkner (Chairman) Management Board: Sten Soderstrom (Managing Director),

Svante Thunander (Deputy Managing Director), Ernst Holdebeck (Sales Director)

PRINCIPAL ACTIVITIES: Manufacturing and distribution of industrial goods (pumps, thermal eqUipment, hydraulic equipment, water and sewage stations, and others)

Trade Names: Zeta Parent Company: Alfa-Laval AS Subsidiary Companies: IMO AS (Sweden); Maskin AS Zeta

(Norway); OY Zeta AS (Finland); Alfa-Laval Zeta AS (Denmark)

Principal Bankers: Sundsvallsbanken Financial Information:

Sales turnover


1984 SKr'OOO 978,475

Alphabetical Index

A Ahlstrom Corporation 49 Assurance Compagniet Baltica Cloetta (AB) 143 A Jespersen & S0n International A/S 3 Livsforsikringsakts 4 Colgate-Palmolive A/S 9 A Johnson & Co HAB 131 Astra AB 136 Collett-Marwell Hauge Gruppen 99 A/S Norcem 95 Astrup H0yer A/S 96 Consafekoncernen AB 143 A/S PLM Haustrup Holding 36 Asv 96 Copenhagen Handelsbank A/S Aalborg Portland 3 Atlas Copco AB 136 (Aktieselskabet Kj0benhavns Aalborg Shipyard Ltd 3 Atlas Copco MCT AB 137 Handelsbank) 9 Aalborg Vrerft A/S 3 Atlas-Danmark Concern 4 Copenhagen Lighting Department Aaltosen Tehtaat Oy 49 Avesta AB 137 (The) 29 Aarhus Oliefabrik A/S 3 B & W Stormarknader AB 137 Copenhagen Telephone Company Inc 28 Aarsrether, Br0dr, A/S 95 Baltica, Assurance Compagniet, A/S 5 Crawford Door AB 143 AB Electrolux 131 Baltica, Assurance Compagniet, Custos (AB) 143 AB Juvel 131 Livsforsikringsakts 5 CWS Svineslagterier A/S 9 AB Skandinaviska Elverk 131 Bang & Olufsen a/s 5 Daells Varehus A/S 9 Abba Group 131 Bank of Finland 82 Dafgard, Gunnar, AB 144 A-Betong AB 131 BASF Svenska AB 137 Dagab, Distributions, AB 144 ABV-Armerad Betong Bates Ventil Siikke Co A/S 5 Dagbladet Politi ken Aktieselskabet 9

Viigforbiittringar AB 131 Bates-Gruppen A/S 96 Dagmar Oy AB 51 Actinor Group 95 Bayer Sverige AB 137 Dagros A/S 9 Ada AB 131 BBC 5 Dahl, Br0drene, A/S 10 Aftenposten 95 Becker, Wilh, (A B) 137 Dahl, F E, & Co A/S 99 AGA Group 131 Beijer Byggmaterial AB 138 Dalhoff Larsen & Hornemann A/S 10 Aga,Oy,Ab 49 Beijer, G & L, AB 138 Danfoss Concern (The) 10 ~gro Fellesslakteri 95 Bennett Reisebureau A/S 96 Danimerco (A/S) 10 AhlEms AB 132 Benzon, Alfred, A/S 6 Danisco (Aktieselskabet) 10 AHLMARKS GRUPPEN 132 Berendsen, Sophus, A/S 6 Danish Air Lines 14 Ahlstrom, A, Corporation 49 Bergen Bank 97 Danish Co-operative Farm Supply Ltd 12 Aker mek Verksted A/S 95 Bergens Mekaniske Verksteder A/S 97 Danish Crown Meat Packers 11 ~kergruppen 95 Bergesen d.y. A/S 97 Danish Fur Breeders Association 14 ~kerlund & Rausing (AB) 132 Bergman & Beving AB 138 Danish Fur Sales 14 Akermans Verkstad AB 132 Bergs0e Group 6 Danish Soyacake Factory (Pvt) Ltd 13 Aksjeselskapet Kosmos 95 Berlingske, Det, Officin A/S 6 Danish State Railways 17 Aktivbanken A/S 3 Berol Kemi AB 138 Danish Steel Works Ltd 15 Alfa-Laval AB 133 Bertel 0 Steen A/S 98 Danish Sugar Corporation Ltd (The) 15 Alfort & Cronholm (AB) 133 Betongindustrikoncernen 139 Alfred Benzon A/S 4 Bilia (AB) 139 Danmark, Mejeriselskabet, AMBA 11

Danmark, Olieskabet, Amba 11 Algol, Oy, Ab 49 Bilspedition AB 139

Danmarks Nationalbank 11 Alimak AB 133 Bj01sen Valsem011e A/S 98

Danmarks-Radio 11 Alko Ltd (The Finnish State Alcohol Bladkompagniet A/S 7

Dannebrog Shipyard Ltd 11 Company) 49 Block, G, Watne A/S 98 Allers, Carl, Etablissement A/S 4 Boel Foods Ltd (A/S) 7 Dannebrog Vrerft AS 11

Alvenius-Koncernen 133 Bohnstedt-Petersen A/S 7 Danpo A/S 12 Amer Group Ltd 50 Boliden Bergsoe AB 139 Dansk Esso A/S 12 Amer-yhtymii Oy 50 Boliden Group (The) 139 Dansk Industri Syndikat A/S 17 AMF 134 Boliden Metall AB 140 Dansk Interpares A/S 12 Andelsbanken-Danebank 4 Boliden Mineral AB 140 Dansk Landbrugs Grovvareselskab

Andelssm0r Amba 8 B0ndernes Salgslag 98 amba 12 Anderson, Paul, Industrier AB 134 Bonnierforetagen AB 140 Dansk Olie og Naturgas A/S 12 Ankerl0kken Gruppen A/S 95 Bonniers Tidskriftsforlag AB 140 Dansk Ost Amba 13 Apoteksbolaget AB 134 Bording, F E, A/S 7 Dansk Pelsdyravlerforening 14 Apothekernes Laboratorium A/S 96 Bording Group of Companies 7 Dansk Shell (AS) 13 A-Pressen AB 134 Bosch, Robert, AB 141 Dansk Sojakagefabrik ApS 13 Arbejdernes Landsbank A/S 4 BP Olie-Kompagniet A/S 7 Dansk Supermarked A/S 13 Arbetsmarknadsforsiikringar BPA Byggproduktion AB 141 Danske Andelsslagteriers

Pensionsforsiikring 134 Braathens S.A.F.E. A/S 98 Konservesfabrik Amba 13 Arctia Oy 50 Brdr Schur International A/S 7 Danske Bank af 1871, Den, A/S 14 Ardal og Sunndal Verk a.s. 96 Broderna Edstrand AB 141 Danske, Det, Luftfartselskab$ A/S 14 Area, Matkatoimisto Oy, 50 Br0dr Aarsrether A/S 98 Danske K01ehuse "Cold Stores", Det, ARE-Yhtymii 50 Br0dr Hetland A/S 98 A/S 14 Aritmos (AB) 134 Br0drene Dahl A/S 8 Danske Pels Auktioner 14 Aria ekonomisk forening 134 Bruel & Kjaer 8 Danske Spritfabrikker A/S (De) 14 Arosbygdens Lantmiin Forening UPA 135 Bruun & S0rensen A/S 8 Danske Staalvalsevaerk, Det, A/S 15 Aro-Yhtymii Oy 50 Bryn-Halden & Nitedals-Gruppen 98 Danske Statsbaner 17 a.s. Jens Villadsens Fabriker (mother BT Industries AB 141 Danske Sukkerfabrikker A/S (De) 15

company for the Icopal Group) 4 Butterdane 8 Danske Traelastkompagni, Det, A/S 15 ASEA AB 135 Calor-Celsius AB 141 Datacentralen af 1959 (I/S) 16 Asea Skandia (AB) 135 Cardo (AB) 142 Dat-Schaub AMBA 16 ASEA STAL AB 135 . Carl Allers Etablissement A/S 8 DDL 14 Asea-Atom (AB) 136 Casco (AB) 142 DDS 15 Asea-Per Kure A/S 96 Catena (AB) 142 De Forenede Bryggerier A/S 44 ASG AB 136 Celebrity Siagterierne 8 Delmec-Gruppen 16 Asken, Investment AB, 136 Cementa AB 142 Den Danske Bank af 1871 A/S 16 Asko Oy 50 Cheminova A/S 8 Den Danske Provinsbank A/S 37 Aspelin-Stormbull A/S 96 Christiani & Nielsen A/S 8 Den norske Creditbank 99 Aspo Group 51 Christiania Bank og Kreditkasse 99 Den Norske Stats Oljeselskap A/S 100 Assa-Stenman AB (trading name) 154 Christiania Glasmagasin A/S 99 Denota og Lilleborg Fabriker A/S 100 Assurance Compagniet Baltica A/S 4 Citgo AB 143 Det Berlingske Officin A/S 16

209

INDEX: Alphabetical

Det Danske K0lehuse "Cold Stores" Finlayson, Oy, Ab 53 Hallands Lantman 157 A/S 16 Finnair Oy 53 Hallstrom & Nisses Bygg AB 157

Det Danske Luftfartselskab A/S 16 Finnboard (Suo men Kartonkiyhdistys) 54 Halmstads Jarnverks AB 158 Det Danske Staalvalsevaerk A/S 16 Finnish Cooperative Wholesale Hankkija 55 Det Danske Tobaksaktieselskab Society 81 Hansa MutualGeneral Insurance Co 158

IMGROS 16 Finnish Fur Sales Co ltd 86 Hansa Omsesidig Sakforsakring 158 Det Danske Traelastkompagni A/S 16 Finnish National Board of Forestry 65 Hansson, Firma Elof, 158 Det Norske Luftfartselskap A/S 100 Finnish State Railways 88 Hartela Contractors ltd 56 DFDS AfS 16 Finnish Sugar Co. ltd 54 Hartwall, Oy, Ab 56 Dickson Forvaltnings AB 144 FinnoilOy 54 Hasselfors AB 158 Dios AB 144 Finn-Stroi Oy 54 Havnem01Ierne-Fredericia-Odense-DISA 17 Firma Elof Hansson 150 K0benhavn A/S 24 Distributions Dagab AB 144 Fiskars Oy Ab 55 Hedegard, Peder P, AfS 24 DLG 12 Fiskeby AB 150 Hedmark Og Oppland Siakterier 105 DnC 99 Fiskeprodusentenes Fellesslag AIL 102 HED-OPP 105 DNL/SAS 100 Fisker & Nielsen A/S 20 Helens Ror AB 158 Domanverket 144 Fjeldhammer Brug A/S 103 Helly-Hansen AfS 105 DONG 12 Flakt AB 151 Helsingborgs Mjolkcentral Ek For 158 Draco (AB) 144 Flygt AB 151 Helsingin Kauppiaat Oy 56 Dronningborg Maskinfabrik A/S 17 Folksamgruppen 151 Helsingin Kaupungin Energialaitos 56 DS Industries 13 Folium Fabrikker A/S 103 Helsingin Keskustukku Oy 56 DSB 17 Foodia AB 151 Helsingin Osuuskauppa 56 Du Pont Scandinavia AB 144 Ford Motor Company A/S 20 Hennes & Mauritz AB 158 Dumex AfS (Dumex ltd) 17 Ford Motor Company AB 151 Herning Svineslagteri 9 Duni Bila-Gruppen 144 Ford Motor Norge A/S 103 Hesselberg, Sigurd, A/S 105 Dynapac AB 145 Ford, Oy, Ab 55 Hetland, Bmdr, A/S 106 Dyno Industrier A.S 100 Forenade Well AB 152 Hexagon AB 159 Dyrup, S, & Co AfS 17 Forenede Margarinfabrikker A/S 103 Hilleshog AB 159 East Asiatic Company ltd A/S (A/S forenede Papirfabrikker A/S (De) 20 Hoegh, Leif, & Co A/S 106

Det 0stasiatiske Kompagni) 18 Forenede Sjaellandske Hoffmann, H, & Soenner A/S Edet AB 145 Andelsslagterier 20 Kancern 24 Edstrand, Broderna, AB 145 Foreningsbankernas Bank 152 Hoganas AB 159 Effoa-Finland Steamship Co ltd 51 FORMA 103 H0jgaard & Schultz A/S 24 Eka Co-op 52 Forvaltnings Ratos AB 152 Hoki AfS 24 Eka Nobel AB 145 Fosselius & Alpen AB 152 Hollming ltd 56 Ekengren, Insinooritoimisto Bertel, F0tex AfS 21 Holmegaards Glasvaerker A/S 24

Oy 51 Framnres Mek Vrerksted A/S 103 Holmens Bruk AB 159 Elanto, Osuusliike, 51 Frank Mohn A/S 103 Hoistebro Eksportslagteri AfS 25 Eldon AB 146 Frederikshavn Vrerft A/S 21 Horten Verft (A/S) 106 Electrolux, AB, 146 Freia A/S 104 HSB's Riksforbund. Ek For 160 Electrolux Autoliv AB 147 Frigoscandia AB 152 Huber, Oy, Ab 56 Electrolux Danmark A/S 19 Frionor Norsk Frossenfisk AfL 104 Huhtamaki Group (The) 57 Electrolux Norge A/S 100 Frovifors Bruk AB 152 Hunsfos Fabrikker 106 Electrolux, Oy, Ab 51 Furuholmen, Ingeni0r Thor, A/S 104 Husqvarna AB 160 Elektricitelsselskabet Isefjordvaerket Fyens Andels-Foderstofforretning Huurre Oy 57

lIS 19 AmbA 21 IBM 58 Elektrisk Bureau (A/S) 101 G & L Beijer AB 152 IBM 106 Elektro Union AfS 101 G Block Watne A/S 104 IBM Danmark A/S 25 Elektrokoppar AB 147 Gadelius AB 152 IBM Svenska AB 160 Elf Aquitaine Norge A/S 101 Gambro AB 153 ICA AB 160 Elkem 101 Gartnerhallen AIL 104 ICA Eol AB 160 Elkraft Power Company ltd 19 GASA Odense, A.m.b.a. 21 ICA Essve AB 161 Ellos AB 147 GDG Biltrafik AB 153 ICA-Hakon AB 161 Elopak A/S 102 General Foods AB 153 IFV Power Company 26 Emborg Foods Aalborg AfS 19 General Motors Nordiska AB 153 Iggesunds Bruk (A B) 161 Enso-Gutzeit Oy 52 General Motors Norge A/S 104 Ikea Svenska AB 161 E-osuuskunta Eka 52 Generaldirektoratet for post-og IKO Kabel AB 161 Ericsson Cables AB 147 telegrafvresenet 21 IImarinen, Elakevakuutusosakeyhtio 57 Ericsson Information Systems AB 147 Gislaved AB 154 IImarinen Pension Insurance Ericsson, L M, AfS 19 Gjensidige Forsikring 104 Company Ltd 57 Ericsson, Oy L M, Ab 52 GKN-Stenman AB 154 Imatran Voima Oy 58 Ericsson Radio Systems AB 147 Glace-Bolaget 154 IMGROS, Det Danske Ericsson, Telefonaktiebolaget L M, 148 GN Great Nordic ltd 22 Tobaksaktieselskab, 25 Erik Thun AB 148 GN Laur Knudsen as (LK) 21 Incentive A/S 25 ESAB AB 148 GN Store Nord A/S 22 Incentive AB 162 Esselte AS 148 Gota Lantman ek for 154 Industri AB Euroc 162 Ess-Food 19 Gotabanken 154 Industriforvaltnings AB Kinnevik 162 Esso Exploration & Production Gotaverken Arendal AB 155 Industrivarden-Group 162

Norway Inc 102 Gotaverken Motor AB 155 Ingeni0r Thor Furuholmen AfS 106 Esso, Oy, Ab 52 Goteborgs-Postens Nya AB 155 Insinooritoimisto Bertel Ekengren Oy 58 Euroc, Industri AB, 149 Government Procurement Centre 88 Instrumentarium Corporation 58

Expo-Fyn, A/S 19 Grafoprint (A B) 155 Interdan A/S 25 F E Bording A/S 20 Granges AB 155 Interessentselskabet Midtkraft lIS 25 F E Dahl & Co A/S 102 Granges Aluminium AS 156 International Business Machines A/S 106 F L Smidth & Co A/S 20 Granges Metallverken AB 156 International Business Machines, OY,

Faellesforeningen for Danmarks Graningeverkens AB 156 Ab 58 Brugsforeninger 20 Greenex AfS 22 Investa Konsernet 106

FAF 21 Grenaa Dampvreveri A/S 22 Investment AB Asken 162 Farrnek Ek For 149 Grindsted Products A/S 22 Investment AB Kinnevik 162 Farmos Group ltd 52 Grundfos International a/s 22 Investment AB Promotion 162

Farrnos-Yh1ymii Oy 52 Gullfiber AB 156 Irma A/S 25 Fazer, Oy Karl, Ab 53 Gunnar Dafgard AB 156 Isbergs A/S 107

FDB-Co-Op Denmark 20 Gunnebo AB 156 Isefjordvaerket, Elektricitelsselskabet,

Feitsildfiskernes Salgslag 102 Gustavsberg AB 157 lIS 26 Felix (AB) 149 Gutenberghus Group 23 Isku-yhtiot 58 Felleskj0pet Rogaland Agder 102 Gyproc (A B) 157 ISS - International Service System

Felleskj0pet -0stlandet 102 H&M 158 A/S 26

Felleskj0pet-T rondeheim 102 H Hoffmann & Soenner A/S Kancern 23 ltikka, Osuuskunta, 59

Fellesmeieriet 102 Hackman, Oy, Ab 55 J Lauritzen Holdings A/S 26

Fexima Oy 53 Hafnia Insurance Group 23 J M Byggnads och Fastighets AB 163

FFV Group 149 Hafnia I nvest ltd 23 JAKA 26

FFV Telub AB 150 Hafslund A/S 105 Jan Liebig ltd 163

Findus AB 150 Hagglund & Soner (AB) 157 Jarnia AS 163

210

INDEX: Alphabetical

JCC 163 Kymmene-Stromberg Corporation 63 Nidar Bergene A.S. 111 Jespersen, A, & Sen International Kyro, OV, AB 63 Niro Atomizer (A/S) 32

A/S 26 L M Ericsson A/S 30 NKF 113 Joh Johannson 107 Liiiiketukku Oy 63 NKL 113 Johannson. Joh, 107 Landstlngens Inkopscentral Lic Ek. NKT 33 Johnson, A, & Co HAB 163 For 167 NNP 172 Johnson Construction Company AB 163 Lannen Tehtaat Oy 63 Noack, Nordiska Jonas 0glalnd A/S 107 Lantmannen i Sormland Ek. For 167 Ackumulatorfabriker, AB 173 Jonkoplngs LAns Siakterilorening Ek Larsen & Nielsen Constructor Nobel Industries Sweden AB 173

For 163 Holding A/S 30 Nodest Industrier A/S 112 Jotun A/S 107 Lassila & Tikanoja Group 64 Nokia Group 67 Joutseno-Pulp Co. 59 Lauritzen, J, Holdings A/S 30 Nora Industrier A.S. 112 JUTLAND slagterierne 27 LB-HUS AB 167 Norcem, A/S, 112 Jutland Telephone Co. Ltd 27 Leil Hoegh & Co A/S 109 Norcem-Bygg A/S 112 Juvel, AB, 163 LemminkAinen Oy 64 Nordbanken 173 Jydsk Telelon A/S 27 Lemvigh-Muller & Munck A/S 30 Nordchoklad (AB) 174 Jydske Andelssl. Kons. Fabr AMBA 26 Leo-Koncernen 168 Nordisk Andelsforbund 32 Jyllands-Posten A/S 27 Liebig, Jan, Ltd 168 Nordisk Brown Boveri A/S 5 Jyske Bank 27 lihakunta 64 Nordisk Fjerfabrik A/S 33 Jyske Bryggerier A/S 27 linjellyg AB 168 Nordisk Solar Compagni, A/S 33 KabiVitrum AB 164 Linjegods A/S 109 Nordisk Transport & Spedition AB 174 Kajaani Oy 59 linkopia-Expert 168 Nordisk Wavin A/S 33 Kaldnes Mek. Verksted A/S 107 lithells (AB) 168 Nordiska Ackumulatorfabriker Noack Kalervo, Keskiniiinen LKAB 169 AB 174

EliikevakuutusyhtiO, 59 LKB-Produkter AB 168 Nordiska Kompaniet (AB) 174 Kaleva Travel Agency Ltd 59 Lohja Corporation 64 Nordiske Kabel-og Traadfabriker Kalmar Industries AB 164 Lounais-Suomen Osuusteurastamo 64 (Akts) 33 KaMeWa AB 164 Levenskiold-Vaekere A/S 109 Nordmere & Romsdal Meieri AIL aVd. Kampsax A/S 28 LSO 64 Kristiansund 112 Kansallis-Osake-Pankki 59 Luhta Oy 65 Nord-Norges Salgslag AIL 113 Kanthal Haganils AB 164 Luna AB 169 Nordstjernan AB 174 Karjaportti, Osuusteurastamo. 60 Lundbergkoncernen 169 Nordtend AB 174 Karlshamns Oljefabriker (AB) 165 Luossavaara-Kllrunavaara AB 169 Norema A/S 113 Kasvioljy-Vilxtolje, Oy, Ab 60 M Peterson & Son A/S 109 Norges Kjett og Fleskesentral 113 Kaukomarkkinat Oy 60 Maltojaloste, Osuuskunta, 65 Norges Kooperative Landsforening 113 Kavli, O. A/S 107 Makrotalo Oy 65 Norges Statsbaner 113 Kelas A/S 108 Millardalens Lantmiln Ek. For. 169 Normeat A/S 33 KemiOy 60 Millarskog Ek For 169 Norol 115 Kemi-Intressen AB 165 Mallasjuoma Oy 65 Norpipe A/S 113 Kemira Oy 60 MAN B&W Diesel A/S 30 Norrlands Skogsilgares Cellulosa AB 174 Kemisk Vaerk Kege A/S 28 Marabou (AB) 169 Norrlands Siakteriforening 175 Keppo, Oy, Ab 61 Margarinbolaget AB 170 Norsildmel 114 Keskinillnen Elilkevakuutusyhtio Martin Olsson livsmedel AB 170 Norsk Agip A/S 114

Kalervo 61 Maruebeni Scandinavia AB 170 Norsk Alcoa A/S 114 Keskiniiinen Henkivakuutusyhtio Matkatolmisto Oy Area 65 Norsk Data A.S 114

Suomi-Salama 61 Mecobenzon A/S 31 Norsk Elektrisk & Brown Boveri (A/S) 114 Keskinilinen Vakuutusyhtio Sampo 61 Media Holding International AB 170 Norsk Hydro a.s. 114 Kesko Oy 61 Mejeriselskabet Danmark AMBA 31 Norsk Jernverk (AS) 115 Keskuskunta OK-liha 61 Mejeriselskabet Esbjerg A.M.B.A. 31 Norsk Kollektlv Pensjonskasse AS 115 Keskus-Sato Oy 61 Mellanskog 170 Norsk Medisinaldepot 115 Kesoil Oy 62 Mercantile, OV, AB 65 Norsk Olje a.s 115 KF 165 Metrobutikerna AB 170 Norsk Texaco Oil A/S 116 KFK 29 Metsii-Botnia Oy AB 65 Norske Eggsentraler 116 Kjebenhavns Telelon A/S 28 Metsilhallitus 65 Norske Esso AS 116 Klaveness, Torvald, Gruppen 108 Metsiiliito Group (The) 66 Norske Fina A/S 116 Klippans Finpappersbruk AB 165 Metsiiliiton Teollisuus Oy (Group) 66 Norske Folk Gjensidige Kloster Cruise A/S 108 Metsii-Serla Group (The) 66 livsforsikringsselskap 116 Klever Maelk A.m.b.a. 28 Midtkraft, Interessentselskabet, lIS 31 Norske Meierier 116 KMWAB 165 Milco Export Amba 31 Norske Shell (A/S) 116 K6benhavns Belyningsvaesen 29 MNK-Rakennusosakeyhtio 66 Norske Skogindustrier A.S. 117 Kebenhavns Pektinlabrlk A/S 29 Mo Och Domsjo AB 170 Norwegian Post Office (The) 119 Kockums Marine AB 166 Mobil Oil A/S 31 Norwegian State Railways 113 Kommunal Landspensjonskasse 108 Mobil Oil A/S Norge 110 Norzink AS 117 Kommunernes Pensionslorsikring AS 29 MoDo 170 Novenco A/S 34 Kone Corporation 62 MoDo Konsumentprodukter AB 171 Novo Industri A/S 34 Kone Gruppen i Sverige 166 MoDo Papper AB 171 Novopan Traeindustri A/S 34 Kongsberg Vaapenfabrikk 108 MoDoCeliAB 171 NPL Group 175 Konsum 166 Moelven Brug A/S 110 Nye Fredriksstad Mek Verksted (A/S) 117 Konsum Viist ek lar 166 Mohn, Frank, A/S 110 Nymolla AB 175 Konsumentforeningen Solidar Ek for 166 Meller-Gruppen 110 Nyniis Petroleum (AB) 1,75 Konsumentforeningen Stockholm Mellesentralen lIS 110 o Kavli A/S 117

M.O.ek for 166 Molnlycke AB 171 Obbola linerboard AB 175 Konsumentforeningen Viirmland 166 Molnlycke, Oy, Ab 66 Odense Staalskibsvaerft A/S 35 Kontino, Oy, Ab 62 Monark Group 171 Odense Steel Shipyard Ltd 35 Kooperativa FOrbundet 165 Monberg & Thorsen A/S 31 0ernes KonsummBIIlks Selskab Kopparfors AB 166 Moss Rosenberg Verft a.s. 110 Amba 35 Korn-Og Foderstof Kompagniet A/S 29 Munkedals AB 172 0glaend, Jonas, A/S 117 Korsniis-Marma AB 166 Munksjo AB 172 OK Petroleum AB 175 Kosan A/S 29 Myllykoski Oy 67 OKG Aktiebolag 176 Kosmos, Aksjeselskapet, 108 Myresjo Group 172 OK-liha, Keskuskunta, 68 Kristianstad-Blekinge Siakterifarening 167 Narvesen A/S 111 OKOBANK 68 Kryolitselskabet 0resund A/S 29 National Elektro A/S 111 Olav Thon Gruppen 118 KTAS 28 National Industri A/S 111 Olieskabet Danmark Amba 35 Kuivamaito Oy 62 NCB 174 Olivarius & Christensens Eftf A/S 35 Kullenberg, Vngve, Byggnads AB 167 NEBB 114 Olson & Wright (AB) 176 Kummila Oy 62 Nedre Norrlands Producentforening 172 Olsson, Martin, livsmedel AB 176 Kungstirnen AB 167 Neles Oy 67 OMP-Vhtymii Oy 68 Kustannusosakeyhtio Olava 63 Nesa A/S 32 Onninen Oy 68 Kuwait Petroleum (Danmark) A/S 29 Neste Battery Ltd Oy 172 Oras Oy 66 Kuwait Petroleum Svenska AB 167 Neste Oy 67 Orebro Pappersbruk AB 176 Kvaerner Industrier A/S 109 Neste Polyeten AB 173 0resund, Kryolitselskabet, A/S 35 Kverneland A/S 109 Nestle Danmark A/S 32 Orion Corporation Ltd 69 KYl'lenlaakson Osuusmeijeri 63 Nestle Norge A/S 111 Orion-yhtymil Oy 69

211

INDEX: Alphabetical

Orkla Borregaard A.S (Iollowing Polar Construction Companies 73 Schreiner Fleischer A/S 121 merger 01 Orkla Industrier A.s & Polar-Express AB (Oy) 74 Schur, Brdr, Intemational A/S 38 Borregaard A.S in Oct 1986) Politiken, Dagbladet, Aktieselskabet 36 SCS Holding A/S 39 Parent Company 01 Orkla- Politiken Newspapers Ltd 36 SEAS A/S 39 Borregaard Group 118 Postipankki 74 Seco Tools AB 187

0stlold Siakteri AIL 118 post-og telegralvlBsenet, Securitasgruppen AB 187 Ostgata Enskilda Bank 176 Generaldiraktoratet lor, 37 Securus Industrier A-S 121 0stjyske Siagterier Amba 35 Posts and Telecommunications 01 SELGA 187 Osuuskauppa Tuotanto 69 Finland 74 Selmer-Sande A.S. 121 Osuuskauppa Ympiiristo 69 Postverket 119 Selvaagbygg A/S 121 Osuuskunta Itikka 69 Pouttu Oy 74 Semper AB 188 Osuuskunta Maitojaloste 69 PressbyrAn, Svenska, (AB) 181 Shell, Oy, AB 79 Osuuskunta Tuottajain Maito 69 Pripps Bryggarier (AB) 181 SIABAB 188 Osuusliike Elanto 69 Privatbanken A/S 37 Siemens A/S 39 Osuuspankkien Keskuspankki Oy 68 Procordia AB 181 Siemens A/S 121 Osuusteurastamo Karjaportti 69 Promotion, Investment AB, 181 ·Siemens Group 01 Sweden (The)" 188 Otava, Kustannusosakeyhtio, 69 Provinsbanken 37 Siemens Oy 79 Otto Wuorio Oy 69 Puolimatka Group Ltd 75 Siemens-Gruppen i Sverige (The) 188 Oulu Oy 70 Puukeskus Oy 75 Sieverts Kabelverk 188 Outokumpu Oy 70 Raision Tehtaat 75 Sigurd Hesselberg A/S 122 OVAKO Oy-Ab 70 Rakennuskunta Haka 75 Sinebrychoff, Oy, Ab 79 Oy Aga Ab 70 Rakennus-Ruola Oy 75 SISU-AUTO AB (OY) 80 Oy Algol Ab 70 Rakennusvalmiste Oy 75 Skandia Insurance Company Ltd 189 Oy Electrolux Ab 70 Rantasipi Oy 75 Skandinavisk Holding A/S 39 Oy Esso Ab 70 Rasmussen & Schietz A/S 37 Skandlnavisk Motor Compagni A/S 40 Oy Finlayson Ab 70 Ratos, Forvaltnings, AB 182 Skandinavisk Tobakskompagni A/S 40 Oy Ford Ab 70 Rauloss Ammunisjonslabrikker A/S 119 Skandinaviska Aluminium Proliler AB 189 Oy G W Sohlberg AB Group 70 Rauma-Repola Oy 76 Skandinavlska Elverk, AB, 189 Oy Gustav Paulig Ab 70 Rautakirja Oy 76 Skandinaviska Enskilda Banken 190 Oy Hackman Ab 70 Rautakonttori Oy 76 Skandinaviska Raffinaderi AB 190 Oy Hartwall Ab 70 Rautaruukki Oy 76 Skanek ek lor 190 Oy Huber Ab 70 Rederi AB Soya 207 Skinemejerier Ek. For 190 OY Intemational Business Machines Rederi AB Transatlantic 182 Skanska AB 190

Ab 70 Renlund, Oy, Ab 76 SkAnska Banken 191 Oy JuliUS Tallberg Ab 70 Rentto Oy 77 Skinska Lantmiinnen ek lor 191 Oy Karl Fazer Ab 70 Reso AB 182 Skinska Lantmiinnens Maskin AB 191 Oy KasviOljy-Viixtolje Ab 70 Rettig-Strengberg Oy AB 77 Skaraborgsbanken 191 Oy Keppo Ab 70 Rieber & Sen Konsemet 119 SKF(AB) 192 Oy Kontino Ab 70 Riisla Oy 77 Skoogs Foretagsgrupp AB 192 OY Kyro AB 71 Riksbyggen ekonomisk loriining 182 SKOPBANK 80 Oy L M Ericsson Ab 71 Riksost Ek. For 183 Siagteriregion Nordvest AMBA 40 OY Mercantile AB 71 Robert Bosch AB 183 Siagteriselskabet SUNDBY-WENBO Oy Molnlycke Ab 71 Rockwool AB 183 AmbA 40 Oy Partek Ab 71 Rockwoollntemational A/S 37 SLO-Yhtyma 78 Oy Philips Ab 71 Rogaland Agder, Felleskjepet, 119 SMA 198 Oy Renlund Ab 71 Rogalandsmeieriet AIL 120 SmedJebacken-Boxholm StAI AB 193 Oy Saab-Valmet Ab 71 Rosenlew, W., Ltd 77 Smidth, F L, & Co A/S 40 Oy Scan-Auto Ab 71 Royal Copenhagen A/S 38 Sockerbolaget 193 Oy Shell AB 71 S C Serensen A/S 38 SOderstrom, Wemer, Oy 80 Oy Sinebrychoff Ab 71 S Dyrup & Co A/S 38 Sadra Skogslgama (ek for and OY Stockmann AB 71 SAAB-ANA AB 183 subsidiaries) 193 Oy Teboil Ab 71 Saab-Scania AB 183 Sohlberg, Oy G W, AB Group 80 Oy UniOn-Oljy Ab 71 Saab-Scania Enertech AB 184 SOK 81 Oy Veho Ab 71 Saab-Valmet, Oy, Ab 77 Solidar, Konsumentloreningen, Ek lOr 193 Oy Wiirtsilii Ab 71 Saarioinen Oy 77 Solna Gruppen 193 Oy Wilh Schauman Ab 71 Saastamoinen Oy 77 Sonesson-Koncemen 194 Oy Yleisradio Ab 71 SAB NIFE AB 184 Sophus Berendsen A/S 40 P/L Vestlandsmeieret 118 Saba Melnlycke A/S 120 Serensen, S C, A/S 40 Pigens Familjebageri AB 177 SabaForetagen AB 184 Ser-Norge Aluminium A/S 122 Palkki-yhtiot 71 SAb; AS 185 Sotka Oy 80 Paloheimo Oy 71 Sabroe, Thomas Ths, & Co (A/S) 38 Sparbankemas Bank 199 Pappersgruppen AB 177 Sadolin & Holmblad Ltd 38 Sparekassen SDS 41 Papyrus (AB) 177 SiilveAns AB 185 Spies Koncemen 41 Parcon AB 177 Saga Petroleum a.s. 120 SPP 198 Partek, Oy, Ab 71 Siihkoliikkeiden Oy 78 SSAB Svenskt StAi AB 194 Paul Anderson Industrier AB 177 SAila AB 185 Stabburet A/S 122 Paulig, Oy Gustav, Ab 72 Salora Oy 78 STAL Relrigeration AB 194 Peder P HedegArd A/S 35 Samlod (AB) 185 Standard Electric Kirk A/S 41 Pegenova AB 177 Sampo, Keskiniiinen Vakuutusyhtio, 78 Standard Telelon og Kabellabrik A/S 122 Pension-Varma, Mutual Insurance Sandvik AB 185 Star Shipping A/S 122

Company 72 Sannes AB 185 Starckjohann-Telko Oy 80 Persson-Invest (AB) 178 Sanoma Corporation 78 Statens Jiirnviigar 194 Perstorp AB 178 SAPA 189 Statens Kornlorretning 122 Perusyhtymii Oy 72 Sara AB 186 Statens Skogsindustrier (AB) 194 Peterson, M, & Son A/S 118 SAS 186 STATOIL 122 Pharmacia AB 178 SAS Catering Norge A/S 120 Statoil Petrokemi AB 194

Pharos AB 179 Satahiimeen Osuusteurastamo 78 Stats Oljeselskap, Den Norske, A/S 122 Philips Industri og Handels A/S 36 Saugbrugsloreningen 120 Statsanstaltan lor Livslorsikring 41 Philips Norden AB 179 Savonlinnan Seudun Osuuskunta STC Scandinavian Trading Co AB 195 Philips Norrkopingsindustrier AB 179 Tuote 79 Steen, Bertel 0, A/S 123

Philips, Norsk, A/S 119 SCA 197 Stena Line AB 195

Philips, Oy, Ab 72 Scan KLS ek. for 186 Stena Metall AB 195

Philipson Invest AB 179 Scan Vaest Ek For 186 Sterling Airways A/S 41

Phoenix Contractors (A/S) 38 Scanair 186 Stockholm Energi Produktion AB 195

PIA Group (The) 180 Scan-Auto, Oy, Ab 79 Stockmann, OY, AB 81

Pilkington Floatglas AB 180 Scandic Hotel ab 186 Stora Kopparbergs Bergslags AS 195

PKbanken 180 Scandinavian Airlines System 186 Store brand A/S 123

Platzer Bygg AB 180 Scandinavian Tobacco Co Ltd 40 Stormellen Salgsaksjeselskap 123

PLM AB 180 Scania-Bussar AB 187 Stomo A/S 42

PLM Haustrup, Group 36 Scanraff 190 Storstockholms Lokaltrafik 195

Pohjanmaa Oy 73 Scanvest Ring A/S 120 Sukkerlabriken Nykebing Limiteret 42

Pohjola Insurance Company Ltd 73 Schauman, Oy Wilh, Ab 79 SUNDBY -WENBO, Siagteriselskabet,

Pohjolan Voima Oy 73 Schibsted Gruppen 121 AmbA 42

212

INDEX: Alphabetical

Sunds Defibrator AB 196 Tukkukauppojen Oy 85 Sundsvalls Verkstiider (AB) 196 Tukkumanni Oy 85 Sunila Oy 81 TUKO 85 Suomen General Motors Oy 81 Tulip Siagterierne amba 43 Suo men Matkatoimisto Oy 81 Tuotanto, Osuuskauppa, 85 Suomen Osuuskauppojen Tuottajain Linhakeskuskunta 85

Keskuskunta 81 Tuottajain Maito, Osuuskunta, 86 Suomen Pankki-Finlands Bank 82 Turkistuottajat Oy 86 Suomen Petrooli Oy 82 Turo Oy 86 Suomen Puhallintehdas Oy 82 Turun Osuuskauppa 86 Suomen Trikoo Oy AB 82 Turun Sanomat Oy 85 Suomi-Salama, Keskiniiinen Uistein Group 125

Henkivakuutusyhtio, 83 Uni Forsikring 125 Superfos a/s 42 Union A/S (Union Co) 125 Suprakoncernen 196 Union Bank of Finland Ltd 86 Surahammars Bruks AB 196 Union-Oljy, Oy, Ab 87 Svedala-Arbra AB 196 United Breweries Ltd 44 Svenska Agghandelsforbundet 197 United Paper Mills Ltd 91 Svenska Cellulosa AB 197 Upsala-Ekeby AB 204 Svenska Eigrossist AB 187 VAG. Sverige AB 205 Svenska Esso AB 197 Valand Omsesidlgt Svenska Fina AB 197 Livforsiikringsbolag 205 Svenska Handelsbanken 197 Valintatalo Oy 87 Svenska Hoechst AB 198 Valio Finnish Cooperative Dairies Svenska Lantmiinnens Riksforbund 198 Association 87 Svenska Mejeriernas Riksforening Valio Meijerien Keskusosuusliike 87

UPA 198 Valksdal Melle (A/S) 126 Svenska Motor AB 198 Valmet Corporation 87 Svenska Personal-Pensionskassan 198 Valtameri Oy 88 Svenska PressbyrAn (AB) 198 Valtion Hankintakeskus 88 Svenska Rayon AB 198 Vailion Viljavarasto 88 Svenska Shell Koncernen 199 Valtionrautatiet 88 Svenska Tobaks AB 199 VAPO Oy 89 Svenska Unilever 199 Vargon Alloys AB 205 SVENSKA VARV AB 200 Viistsvenska Lantmiin For UPA 205 Sveriges Siakteriforbund (including Vehnii Oy Ab 89

subsidiary companies) 199 Veho, Oy, Ab 89 SwedBank 199 Veidekke A/S 126 Swedcarrier (AB) 200 Veitslluoto Oy 89 Swedish Dairies' Association 198 Velux International AS 44 Swedish Farmers' Supply & Crop Vesta Group pic 126

Marketing Association 198 Vestfold-Buskerud Siakteri AIL 126 Swedish Match 200 Vestjyske Siagterier Amba 44 Swedish Sugar Co (The) 193 Vestlandske Salslag 126 Swedyards Corporation 200 Vestlandsmeieret, P IL, 127 Sydkraft AB 201 Vesto Oy 90 Sydsvenska Dagbladets AB 201 Viking-Askim A/S 127 Sydvaranger A/S 124 Villadsens, a.s. Jens, Fabriker Systembolaget AB 201 (mother company for the lcopal Tallberg, Oy Julius, Ab 83 Group) 44 Talous-Osakekauppa 83 Vin- & Spirit Centralen AB 205 Tampella Ltd 83 Vinmonopolet A/S 127 Tampereen Kaupungen Siihkolaitos 83 Vivo-Favor Forbundet 205 Tamro Group 83 Velund (A/S) 45 Tapiola Insurance Group (The) 84 Volvo, AB 205 T arkett Group 201 Volvo BM AB 206 Teboil, Oy, Ab 84 Volvo Bus Corporation 206 Teknisk Isolenng A/S 124 Volvo Car Corporation 206 Telefonaktiebolaget L M Ericsson 202 Volvo Denmark A/S 45 Televerket 202 Volvo Flygmotor AB 206 TEll Teleindustrier AB 202 Volvo Norge A/S 127 TENO AB 202 Volvo Penta AB 207 Teriisbetoni Group 84 Volvo Truck Corporation 207 Tervakoski Oy 84 Volvo-Auto Oy Ab 90 Tervo SA Oy 84 W-AutoOy 90 Tetra Pak International AB 202 WWeibuliAB 207 Texaco A/S 43 Wallenius Lines 207 Texaco Oil AB 202 WArby Klila AB 207 Th Wessel & Vett A/S Magasin du Wiirtsilli, Oy, Ab 90

Nord 43 Weibull, W, AB 207 Thomas Ths Sabroe & Co (A/S) 43 Wermlandsbanken 208 Thomesto Oy 84 Werner SOderstrom Oy 90 Thon, Olav, Gruppen 124 Wessel, Th, & Vett A/S Magasin du Thun, Erik, AB 202 Nord 45 Tibnor AB 203 Wihuri Oy 90 Ticon Industrier 124 Wiik & HOglund (Group) 91 Tidnings AB Marieberg 203 Wilh Becker (AB) 208 Tiedemann-Gruppen 124 Wilh Wilhelmsen Limited A/S 127 Tikkurila Oy 84 Wilhelmsen, Wilh, Limited A/S 127 Tinfos Jernverk A/S 124 Wirsbo Bruks AB 208 Tjlllreborg Gruppen A/S 43 W.Rosenlew Ltd 91 Tofte Industrier A/S 124 Wuorio, Otto, Oy 91 Toms Confectionery Group 43 Yhtyneet Kuvalehdet Oy 91 Toms Fabrikker A/S 43 Yhtyneet Paperitehtaat Oy 91 Torvald Klaveness Gruppen 125 YIT Ltd General Engineering and Total Marine Norsk A/S 125 Contracting Company 91 Tour & Andersson AB 203 Yleisradio, Oy, Ab 92 Transatlantic, Rederl AB, 204 Ympliristo, Osuuskauppa, 92 Trelleborg AB 204 Yngve Kullenberg Byggnads AB 208 Trosvik-Gruppen 125 Zander & Ingestrom Group 208 Trygg-Hansa 204 TS-Yhtymii 85 lukku Oy 85

213

Index by Country

Danmarks-Radio 11 GASA Odense, A.m.b.a. 21 Dannebrog Shipyard Ltd 11 Generaldirektoratet for post-og

DENMARK Dannebrog VlIlrft AS 11 telegrafvlllsenet 21 Danpo A/S 12 GN Great Nordic Ltd 22 Dansk Esso A/S 12 GN Laur Knudsen as (LK) 21

A Jespersen & Sen International A/S Dansk Industri Syndikat A/S 17 GN Store Nord A/S 22

3 Dansk Interpares A/S 12 Greenex A/S 22 A/S PLM Haustrup Holding 36 Dansk Landbrugs Grovvareselskab Grenaa Dampvlllveri A/S 22 Aalborg Portland 3 amba 12 Grindsted Products A/S 22 Aalborg Shipyard Ltd 3 Dansk Olie og Naturgas A/S 12 Grundfos International a/s 22 Aalborg VlIlrft A/S 3 Dansk Ost Amba 13 Gutenberghus Group 23 Aarhus Oliefabrik A/S 3 Dansk Pelsdyravlerforening 14 H Hoffmann & Soenner A/S Kancern 23 Aktivbanken A/S 3 Dansk Shell (AS) 13 Hafnla Insurance Group 23 Alfred Benzon A/S 4 Dansk Sojakagefabrik ApS 13 Hafnia Invest Ltd 23 Allers, Carl, Etablissement A/S 4 Dansk Supermarked A/S 13 Havnemellerne-Fredericia-Odense-Andelsbanken-Danebank 4 Danske Andelsslagteriers Kebenhavn A/S 24 Andelssmer Amba 8 Konservesfabrik Amba 13 Hedeglrd, Peder P, A/S 24 Arbejdernes Landsbank A/S 4 Danske Bank af 1871, Den, A/S 14 Herning Svineslagteri 9 a.s. Jens Villadsens Fabriker (mother Danske, Det, Luftfartselskab$ A/S 14 Hoffmann, H, & Soenner A/S

company for the lcopal Group) 4 Danske Kelehuse 'Cold Stores', Det, Kancern 24 Assurance Compagniet Baltica A/S 4 A/S 14 Hejgaard & Schultz A/S 24 Assurance Compagniet Baltica Danske Pels Auktioner 14 Hoki A/S 24

Livsforsikringsakts 4 Danske Sprltfabrikker A/S (De) 14 Holmegaards Glasvaerker A/S 24 Atlas-Danmark Concern 4 Danske Staalvalsevaerk, Det, A/S 15 Hoistebro Eksportslagteri A/S 25 Baltica, Assurance Compagniet, A/S 5 Danske Statsbaner 17 IBM Danmark A/S 25 Baltica, Assurance Compagniet, Danske Sukkerfabrikker A/S (De) 15 IFV Power Company 26

Livsforsikringsakts 5 Danske Traelastkompagni, Det, A/S 15 IMGROS, Det Danske Bang & Olulsen a/s 5 Datacentralen al 1959 (liS) 16 Tobaksaktieselskab, 25 Bates Ventil Siikke Co A/S 5 Oat-Schaub AMBA 16 Incentive A/S 25 BBC 5 DOL 14 Interdan A/S 25 Benzon, Alfred, A/S 6 DDS 15 Interessentselskabet Mid1kraft lIS 25 Berendsen, Sophus, A/S 6 De Forenede Bryggerier A/S 44 Irma A/S 25 Bergs08 Group 6 Delmec-Gruppen 16 Isefjordvaerket, Elektricitelsselskabet, Berlingske, Det, Officin A/S 6 Den Danske Bank al 1871 A/S 16 liS 26 Bladkompagniet A/S 7 Den Danske Provinsbank A/S 37 ISS - International Service System Boal Foods Ltd (A/S) 7 Det Berlingske Officin A/S 16 A/S 26 Bohnstedt-Petersen A/S 7 Det Danske Kelehuse 'Cold Stores' J Lauritzen Holdings A/S 26 Bording, F E, A/S 7 A/S 16 JAKA 26 Bording Group of Companies 7 Det Danske Luftfartselskab A/S 16 Jespersen, A, & Sen International BP Olie-Kompagniet A/S 7 Det Danske Staalvalsevaerk A/S 16 A/S 26 Brdr Schur International A/S 7 Det Danske Tobaksaktieselskab JUTLAND slagterierne 27 Bredrene Dahl A/S 8 IMGROS 16 Jutland Telephone Co. Ltd 27 Bruel & Kjaer 8 Det Danske Traelastkompagni A/S 16 Jydsk Telelon A/S 27 Bruun & Serensen A/S 8 DFDS A/S 16 Jydske Andelssl. Kons. Fabr AMBA 26 Bulterdane 8 OISA 17 Jyllands-Posten A/S 27 Carl Allers Etablissement A/S 8 DLG 12 Jyske Bank 27 Celebrity Siagterierne 8 DONG 12 Jyske Bryggerier A/S 27 Cheminova A/S 8 Dronningborg Maskinfabrik A/S 17 Kampsax A/S 28 Christiani & Nielsen A/S 8 OS Industries 13 Kemisk Vaerk Kege A/S 28 Colgate-Palmolive A/S 9 DSB 17 KFK 29 Copenhagen Handelsbank A/S Dumex A/S (Dumex Ltd) 17 Kjebenhavns Telelon A/S 28

(Aktieselskabet Kjebenhavns Dyrup, S, & Co A/S 17 Klever MlBlk A.m.b.a. 28 Handelsbank) 9 East Asiatic Company Ltd A/S (A/S Kobenhavns Belyningsvaesen 29

Copenhagen Lighting Department Det 0stasiatlske Kompagni) 18 Kebenhavns Pektinfabrik A/S 29 (The) 29 Electrolux Danmark A/S 19 Kommunernes Pensionsforsikring AS 29

Copenhagen Telephone Company Inc 28 Elektricitelsselskabet Iseljordvaerket Korn-Og Foderstol Kompagniet A/S 29 CWS Svineslagterier A/S 9 liS 19 Kosan A/S 29 Daells Varehus A/S 9 Elkraft Power Company Ltd 19 Kryolitselskabet 0resund A/S 29 Dagbladet Politiken Aktieselskabet 9 Emborg Foods Aalborg A/S 19 KTAS 28 Dagros A/S 9 Ericsson, L M, A/S 19 Kuwait Petroleum (Danmark) A/S 29 Dahl, Bredrene, A/S 10 Ess-Food 19 L M Ericsson A/S 30 Dalhoff Larsen & Hornemann A/S 10 Expo-Fyn, A/S 19 Larsen & Nielsen Constructor Danfoss Concern (The) 10 F E Bording A/S 20 Holding A/S 30 Danimerco (A/S) 10 F L Smidth & Co A/S 20 lauritzen, J, Holdings A/S 30 Danisco (Aktieselskabet) 10 Faellesloreningen for Danmarks Lemvlgh-Muller & Munck A/S 30 Danish Air Lines 14 Brugsforeninger 20 MAN B&W Diesel A/S 30 Danish Co-operative Farm Supply Ltd 12 FAF 21 Mecobenzon A/S 31 Danish Crown Meat Packers 11 FDB-Co-Op Denmark 20 Mejeriselskabet Danmark AMBA 31 Danish Fur Breeders Association 14 Fisker & Nielsen A/S 20 Mejeriselskabet Esbjerg A.M.B.A. 31 Danish Fur Sales 14 Ford Motor Company A/S 20 Midtkraft, Interessentselskabet, liS 31 Danish Soyacake Factory (Pvt) Ltd 13 forenede Papirfabrikker A/S (De) 20 Milco Export Amba 31 Danish State Railways 17 Forenede Sjaellandske Mobil Oil A/S 31 Darush Steel Works Ltd 15 Andels!;lagterier 20 Monberg & Thorsen A/S 31

Danish Sugar Corporation Ltd (The) 15 Fetex A/S 21 Nesa A/S 32 Danmark, Mejeriselskabet, AMBA 11 Frederikshavn VlIlrft A/S 21 Nestle Danmark A/S 32 Danmark, Olieskabet, Amba 11 Fyens Andels-Foderstofforretning Niro Atomizer (A/S) 32 Danmarks Nationalbank 11 AmbA 21 NKT 33

214

INDEX: By Country

Nordisk Andelsforbund 32 Amer Group Ltd 50 Lemminkiiinen Oy 64 Nordisk Brown BOveri A/S 5 Amer-yhtymii Oy 50 Lihakunta 64 Nordisk Fjerfabrik A/S 33 Arctia Oy 50 Lohja Corporation 64 Nordisk Solar Compagni, A/S 33 Area, Matkatoimisto Oy, 50 Lounais-Suomen Osuusteurastamo 64 Nordisk Wavin A/S 33 ARE-Vhtymii 50 LSO 64 Nordiske Kabel-og Traadfabriker Arc-Vhtymii Oy 50 Luhta Oy 65

(Akts) 33 Asko Oy 50 Maitojaloste, Osuuskunta, Normeal A/S 33 Aspo Group 51

65

Novenco A/S 34 Bank of Finland 82 Makrotalo Oy 65

Novo Industri A/S 34 Dagmar Oy AB 51 Mallasjuoma Oy 65

Novopan Traeindustri A/S 34 Elloa-Finland Steamship Co Ltd 51 Matkatoimisto Oy Area 65

Odense Staalskibsvaerft A/S 35 Eka Co-op 52 Mercantile, OV, AB 65

Odense Steel Shipyard Ltd 35 Ekengren, Insinooritoimisto Bertel, Metsii-Botnia Oy AB 65

0ernes Konsummaelks Selskab Oy Metsiihallitus 65

51 Amba 35 Elanto, Osuusliike, 51

Metsiiliito Group (The) 66

Olieskabet Danma~ Amba 35 Electrolux, Oy, Ab 51 Metsiilliton Teollisuus Oy (Group) 66

Olivarius & Christensens Eftf A/S 35 Enso-Gutzeit Oy 52 Metsii-Serla Group (The) 66

0resund, Kryolitselskabet, A/S 35 E-osuuskunta Eka 52 MNK-Rakennusosakeyhtio 66

0stjyske Siagterier Amba 35 Ericsson, Oy L M, Ab 52 Molnlycke, Oy, Ab 66

Peder P Hedegllird A/S 35 EsSQ, Oy, Ab 52 Myllykoski Oy 67

Philips Industri og Handels A/S 36 Farmos Group Ltd 52 Neles Oy 67

Phoenix Contractors (A/S) 36 Farmos-Vhtymii Oy 52 Neste Oy 67

PLM Haustrup, Group 36 Fazer, Oy Karl, Ab 53 Nokia Group 67

Politiken, Dagbladet, Aktieselskabet 36 Fexima Oy 53 OK-Liha, Keskuskunta, 68

Politiken Newspapers Ltd 36 Finlayson, Oy, Ab 53 OKOBANK 68

post-og telegralvaesenet, Finnair Oy 53 OMP-Vhtymii Oy 68

Generaldirektoratet for, 37 Finnboard (Suomen Kartonkiyhdistys) 54 Onninen Oy 68

Privatbanken A/S 37 Finnish Cooperative Wholesale Oras Oy 68

Provinsbanken 37 Society 81 Orion Corporation Ltd 69

Rasmussen & Schililtz A/S 37 Finnish Fur Sales Co Ltd 86 Orion-yhtymii Oy 69

Rockwool International A/S 37 Finnish National Board of Forestry 65 Osuuskauppa Tuotanto 69

Royal Copenhagen A/S 38 Finnish State Railways 88 Osuuskauppa Vmpiiristo 69

S C Slilrensen A/S 38 Finnish Sugar Co. Ltd 54 Osuuskunta Itikka 69

S Dyrup & Co A/S 38 Finnoil Oy 54 Osuuskunta Maitojaloste 69

Sabroe, Thomas Ths, & Co (A/S) 38 Finn-Slroi Oy 54 Osuuskunta Tuottajain Maito 69

Sadolin & Holmblad Ltd 38 Fiskars Oy Ab 55 Osuusliike Elanto 69

Scandinavian Tobacco Co Ltd 40 Ford, Oy, Ab 55 Osuuspankkien Keskuspankki Oy 68

Schur, Brdr, International A/S 38 Government Procurement Centre 88 Osuusteurastamo Karjaportti 69

SCS Holding A/S 39 Hackman, Oy, Ab 55 Otava, Kustannusosakeyhtio, 69

SEAS A/S 39 Hankkija 55 Otto Wuorio Oy 69

Siemens A/S 39 Hartela Contractors Ltd 56 Oulu Oy 70

Skandinavisk Holding A/S 39 Hartwall, Oy, Ab 56 Outokumpu Oy 70

Skandinavisk Motor Compagni A/S 40 Helsingin Kauppiaat Oy 56 OVAKO Oy-Ab 70

Skandinavisk Tobakskompagni A/S 40 Helsingin Kaupungin Energialaitos 56 Oy Aga Ab 70

Siagteriregion Nordvest AMBA 40 Helsingin Keskustukku Oy 56 Oy Algol Ab 70

Siagteriselskabet SUNDBV-WENBO Helsingin Osuuskauppa 56 Oy Electrolux Ab 70

AmbA 40 Hollming Ltd 56 Oy Esso Ab 70

Smidth, F L, & Co A/S 40 Huber, Oy, Ab 56 Oy Finlayson Ab 70

Sophus Berendsen A/S 40 Huhtamiiki Group (The) 57 Oy Ford Ab 70

Slilrensen, S C, A/S 40 Huurre Oy 57 Oy G W Sohlberg AB Group 70

Sparekassen SDS 41 IBM 58 Oy Gustav Paulig Ab 70

Spies Koncernen 41 IImarinen. Eliikevakuutusosakeyhtio 57 Oy Hackman Ab 70

Standard Electric Kirk A/S 41 IImarinen Pension Insurance Oy Hartwall Ab 70

Statsanstaltan for Livsforsikring 41 Company Ltd 57 Oy Huber Ab 70

Sterling Airways A/S 41 Imatran Voima Oy 58 OY International Business Machines

Storno A/S 42 Insinooritoimisto Bertel Ekengren Oy 58 Ab 70

Sukkerfabriken Nyklllbing Limiteret 42 Instrumentarium Corporation 58 Oy Julius Tallberg Ab 70

SUNDBY -WENBO. Siagteriselskabet, International Business Machines OV Oy Karl Fazer Ab 70

AmbA 42 Ab • , 58 Oy Kasvioljy-Viixtolje Ab 70

Superfos a/s 42 Isku-yhtiot 58 Oy Keppo Ab 70 Texaco A/S 43 Itikka. Osuuskunta. 59 Oy Kontino Ab 70 Th Wessel & Vett A/S Magasln du Joutseno-Pulp Co. 59 OV Kyro AB 71

Nord 43 Kajaani Oy 59 Oy L M Ericsson Ab 71 Thomas Ths Sabroe & Co (A/S) 43 Kalervo, Keskiniiinen OY Mercantile AB 71 Tjaereborg Gruppen A/S 43 Eliikevakuutusyhtio. 59 Oy MOinlycke Ab 71 Toms Confectionery Group 43 Kaleva Travel Agency Ltd 59 Oy Partek Ab 71 Toms Fabrikker A/S 43 Kansallis-Osake-Pankki 59 Oy Philips Ab 71 Tulip Siagterierne amba 43 Karjaportti, Osuusteurastamo, 60 Oy Renlund Ab 71 United Breweries Ltd 44 KasviOljy-Viixtolje. Oy, Ab 60 Oy Saab-Valmet Ab 71 Velux International AS 44 Kaukomarkkinat Oy 60 Oy Scan-Auto Ab 71 Vestjyske Siagterier Amba 44 KemiOy 60 Oy Shell AB 71 Villadsens, a.s. Jens, Fabriker Kemira Oy 60 Oy Sinebrychoff Ab 71

(mother company for the Icopal Keppa, Oy. Ab 61 OY Stockmann AB 71 Group) 44 Kesklniiinen Eliikevakuutusyhtio Oy Teboil Ab 71

Vllliund (A/S) 45 Kalervo 61 Oy Union-Oljy Ab Volvo Denmark A/S 45 Kesklniiinen Henkivakuutusyhtio

71 Oy Veho Ab 71

Wessel. Th. & Vett A/S Magasin du Suomi-Salama 61 Oy Wiirtsilii Ab Nord 45 Keskiniiinen Vakuutusyhtiii Sampo 61 Oy Wilh Schauman Ab

71

Kesko Oy . 61 Oy Yleisradio Ab 71

Keskuskunta OK-Liha 61 Palkki-yhtiiit 71

Keskus-Sato Oy 61 71

Paloheimo Oy 71

FINLAND Kesoil Oy 62 Partek.Oy.Ab 71 Kone Corporation 62 Paulig, Oy Gustav, Ab Kontino, Oy, Ab .62 Pension-Varma, Mutual Insurance

72

Kuivamaito Oy 62 Company 72 Kummila Oy 62

A Ahlstrom Corporation 49 Kustannusosakeyhtio Otava Perusyhtymii Oy 72

Aaltosen Tehtaat Oy 49 63 Philips, Oy, Ab 72

Aga. Oy. Ab 49 Kymenlaakson OsuuSmeijeri 63 Pohjanmaa Oy 73

Ahlstrom, A. Corporation 49 Kymmene-Striimberg Corporation 63 Pohjola Insurance Company Ltd 73 Kyro, OY. AB 63

Algol. Oy, Ab 49 Liiiiketukku Oy Pohjolan VOima Oy 73

Alko Ltd (The Finnish State Alcohol 63 Polar Construction Companies

Lannen Tehtaat Oy 63 73

Company) 49 LaSSila & Tikanoja Group 64 Polar-Express AB (Oy) 74 Postipankki 74

215

INDEX: By Country

Posts and Telecommunications of Veitsiluoto Oy 89 Hedmark Og Oppland Siakterier 105 Finland 74 Vesto Oy 90 HED-OPP 105

Pouttu Oy 74 Volvo-Auto Oy Ab 90 Hally-Hansen A/S 105 Puolimatka Group Ltd 75 W-Auto Oy 90 Hesselberg, Sigurd. A/S 105 Puukeskus Oy 75 Wiirtsilii, Oy, Ab 90 Hetland, Broor. A/S 106 Raision T ehtaat 75 Werner SOderstrom Oy 90 HOegh, Leif, & Co A/S 106 Rakennuskunta Haka 75 Wihuri Oy 90 Horten Verft (A/S) 106 Rakennus-Ruola Oy 75 Wlik & HOglund (Group) 91 Hunsfos Fabrikker 106 Rakennusvalmiste Oy 75 W.Rosenlew Ltd 91 IBM 106 Rantasipi Oy 75 Wuorlo, Otto. Oy 91 Ingeni0r Thor Furuholmen A/S 106 Rauma-Repola Oy 76 Yhtyneet Kuvalehdet Oy 91 International Business Machines A/S 106 Rautakirja Oy 76 Yhtyneet Paperitehtaat Oy 91 Investa Konsernet 106 Rautakonttori Oy 76 YIT Ltd General Engineering and Isbergs A/S 107 Rautaruukki Oy 76 Contracting Company 91 Joh Johannson 107 Renlund, Oy, Ab 76 Yleisradlo, Oy, Ab 92 Johannson, Joh, 107 Rentto Oy 77 Ympiiristo, Osuuskauppa. 92 Jonas 0glamd A/S 107 Rettig-Strengberg Oy AB 77 Jotun A/S 107 Rilsla Oy 77 Kaldnes Mek. Verksted A/S 107 Rosenlew. W., Ltd 77 Kavli, O. A/S 107 Saab-Valmet, Oy, Ab 77 Kefas A/S 108 Saarioinen Oy 77 NORWAY Klaveness, Torvald. Gruppen 108 Saastamoinen Oy 77 Kloster Cruise A/S 108 Siihkoliikkeiden Oy 78 Kommunal Landspensjonskasse 108 Salora Oy 78 Kongsberg Vaapenfabrikk 108 Sampo, Keskiniiinen Vakuutusyhtio. 78 A/S Norcem 95 Kosmos, AksJeselskapet, 108 Sanoma Corporation 78 Aarsaether, Broor, A/S 95 Kvaerner Industrier A/S 109 Satahiimeen Osuusteurastamo 78 Actinor Group 95 Kverneland A/S 109 Savonlinnan Seudun Osuuskunta Aftenposten 95 Leif Hoegh & Co A/S 109

Tuote 79 Agro Fellesslakteri 95 Linjegods A/S 109 Scan-Auto, Oy, Ab 79 Aker mek Verksted A/S 95 L0venskiold-V89ker0 A/S 109 Schauman, Oy Wilh. Ab 79 Akergruppen 95 M Peterson & Son A/S 109 Shell, Oy, AB 79 Aksjeselskapel Kosmos 95 Mobil Oil A/S Norge 110 Siemens Oy 79 Ankerl0kken Gruppen A/S 95 Moelven Brug A/S 110 Sinebrychoff, Oy, Ab 79 ~pothekernes Laboratorium A/S 96 Mohn. Frank, A/S 110 SISU-AUTO AB (OY) 80 Ardal og Sunndal Verk a.s. 96 M0l1er-Gruppen 110 SKOPBANK 80 Asea-Per Kure A/S 96 M011esentralen liS 110 SLO-Yhtyma 78 Aspelin-Stormbull A/S 96 Moss Rosenberg Verft a.s. 110 SOderstrom, Werner, Oy 80 Astrup H0yer A/S 96 Narvesen A/S 111 Sohlberg. Oy G W, AB Group 80 ASV 96 National Elektro A/S 111 SOK 81 Bates-Gruppen A/S 96 Nationallndustri A/S 111 Sotka Oy 80 Bennett Reisebureau A/S 96 NEBB 114 Starckjohann-Telko Oy 80 Bergen Bank 97 Nastle Norge A/S 111 Stockmann. OY. AB 81 Bergens Mekaniske Verksteder A/S 97 Nidar Bergene A.S. 111 Sunila Oy 81 Bergesen d.y. A/S 97 NKF 113 Suomen General Motors Oy 81 Bertel 0 Steen A/S 98 NKL 113 Suomen Matkatoimisto Oy 81 Bj01sen Valsem011e A/S 98 Nodest Industrier A/S 112 Suomen Osuuskauppojen Block. G. Watne A/S 98 Nora Industrier A.S. 112

Keskuskunta 81 B0ndernes Salgslag 98 Norcem. A/S. 112 Suomen Pankki-Finlands Bank 82 Braathens S.A.F.E. A/S 98 Norcem-Bygg A/S 112 Suomen Petrooli Oy 82 Br0dr Aarsaether A/S 98 Nordm0re & Romsdal Meieri AIL aVd. Suomen Puhallintehdas Oy 82 Br0dr Hetland A/S 98 Kristiansund 112 Suomen Trikoo Oy AB 82 Bryn-Halden & Nitedals-Gruppen 98 Nord-Norges Salgslag AIL 113 Suomi-Salama, Keskiniiinen Christiania Bank og Kreditkasse 99 Norema A/S 113

Henkivakuutusyhtio, 83 Christiania Glasmagasin A/S 99 Norges Kj0tt og Fleskesentral 113 Tallberg. Oy Julius, Ab 83 COllett-Marwell Hauge Gruppen 99 Norges Kooperative Landsforening ·113 Talous-Osakekauppa 83 Dahl. F E. & Co A/S 99 Norges Statsbaner 113 Tampella Ltd 83 Den norske Creditbank 99 Norol 115 Tampereen Kaupungen Siihkolaitos 83 Den Norske Stats Oljeselskap A/S 100 Norpipe A/S 113 Tamro Group 83 Denofa og Lilleborg Fabriker A/S 100 Norsildmel 114 Tapiola Insurance Group (The) 84 Det Norske Luftfartselskap A/S 100 Norsk Agip A/S 114 Teboil. Oy. Ab 84 DnC 99 Norsk Alcoa A/S 114 Teriisbetoni Group 84 DNL/SAS 100 Norsk Data A.S 114 Tervakoski Oy 84 Dyno Industrier A.S 100 Norsk Elektrisk & Brown Boveri (A/S) 114 Tervo SA Oy 84 Electrolux Norge A/S 100 Norsk Hydro a.s. 114 Thomesto Oy 84 Elektrisk Bureau (A/S) 101 Norsk Jernverk (AS) 115 Tikkurila Oy 84 Elektro Union A/S 101 Norsk Kollektiv Pensjonskasse AS 115 TS-Yhtymii 85 Elf Aquitaine Norge A/S 101 Norsk Medisinaldepot 115 Tukku Oy 85 Elkem 101 Norsk Olje a.s 115 Tukkukauppojen Oy 85 Elopak A/S 102 Norsk Texaco 011 A/S 116 Tukkumanni Oy 85 Esso Exploration & Production Norske Eggsentraler 116 TUKO 85 Norway Inc 102 Norske Esso AS 116 Tuotanto. Osuuskauppa. 85 F E Dahl & Co A/S 102 Norske Fina A/S 116 Tuottajain Linhakeskuskunta 85 Feltsildfiskernes Salgslag 102 Norske Folk Gjensidige

Tuottajain Maito. Osuuskunta, 86 Felleskj0pet Rogaland Agder 102 Livsforsikrlngsselskap 116 TurkistuottaJat Oy 86 Felleskj0pet-0stlandet 102 Norske Meierier 116 Turo Oy 86 Felleskj0pet-Trondeheim 102 Norske Shell (A/S) 116

Turun Osuuskauppa 86 Fellesmeieriet 102 Norske Skogindustrier A.S. 117

Turun Sanomat Oy 85 Fiskeprodusentenes Fellesslag AIL 102 Norwegian Post Office (The) 119 Union Bank of Finland Ltd 86 Fjeldhammer Brug A/S 103 Norwegian State Railways 113

Union-Oljy. Oy. Ab 87 Folium Fabrikker A/S 103 Norzink AS 117

United Paper Mills Ltd 91 Ford Motor Norge A/S 103 Nye Fredriksstad Mek Verksted (A/S) 117

Valintatalo Oy 87 Forenede Margarinfabrikker A/S 103 o Kavli A/S 117

Valio Finnish Cooperative Dairies' FORMA 103 0glaend. Jonas. A/S 117

Association 87 Framnaes Mek V89rksted A/S 103 Olav Thon Gruppen 118

Valio Meijerien Keskusosuusliike 87 Frank Mohn A/S 103 Orkla Borregaard A.S (following

Valmet Corporation 87 Freia A/S 104 merger of Orkla Industrier A.s &

Valtameri Oy 88 Frionor Norsk Frossenfisk AIL 104 Borregaard A.S in Oct 1986) Valtion Hankintakeskus 88 Furuholmen. Ingeni0r Thor. A/S 104 Parent Company of Orkla-

Valtion Viljavarasto 88 G Block Watne A/S 104 Borregaard Group 118

Valtionrautatiet 88 Gartnerhallen AIL 104 0stfold Siakteri AIL 118

VAPOOy 89 General Motors Norge A/S 104 P/L Vestlandsmeieret 118

Vehnii Oy Ab 89 Gjensidige Forsikring 104 Peterson, M. & Son A/S 118

Veho. Oy, Ab 89 Hafslund A/S 105 Philips. Norsk. A/S 119

216

INDEX: By Country

Poslverkel 119 Astra AB 136 Graloprinl (AB) 155 Rauloss Ammunisjonslabrokker A/S 119 Atlas Copco AB 136 GrAnges AB 155 Rieber & Sen Konsernel 119 Atlas Copco MCT AB 137 Griinges Aluminium AB 156 Rogaland Agder, Felleskj0pet, 119 Avesta AB 137 Griinges Metallverken AB 156 Rogalandsmeieriet AIL 120 B & W Stormarknader AB 137 Graningeverkens AB 156 Saba Melnlycke A/S 120 BASF Svenska AB 137 Guilliber AB 156 Saga Petroleum a.s. 120 Bayer Sverige AB 137 Gunnar DalgArd AB 156 SAS Catering Norge A/S 120 Becker, Wilh, (AB) 137 Gunnebo AB 156 Saugbrugsforeningen 120 Beijer Byggmaterial AB 138 Gustavsberg AB 157 Scanvest Ring A/S 120 Beijer, G & L, AB 138 Gyproc (AB) 157 Schibsted Gruppen 121 Bergman & Beving AB 138 H&M 158 Schreiner Fleischer A/S 121 Berol Kemi AB 138 Hiigglund & Soner (AB) 157 Securus Industrier A-S 121 Betongindustrikoncernen 139 Hallands Lantmiin 157 Selmer-Sande A.S. 121 Bilia (AB) 139 Hallstrom & Nisses Bygg AB 157 Selvaagbygg A/S 121 Bilspedition AB 139 Halmstads Jiirnverks AB 158 Siemens A/S 121 Boliden Bergsoe AB 139 Hansa MutualGeneral Insurance Co 158 Sigurd Hesselberg A/S 122 Boliden Group (The) 139 Hansa Omsesidig Sakforsiikring 158 Ser-Norge Aluminium A/S 122 Boliden Metall AB 140 Hansson, Firma Elol, 158 Stabburet A/S 122 Boliden Mineral AB 140 Hassellors AB 158 Standard Telafon og Kabellabrik A/S 122 Bonnierforetagen AB 140 Helens Ror AB 158 Star Shipping A/S 122 Bonniers Tidskriftsforlag AB 140 Helsingborgs Mjolkcentral Ek For 158 Statens Kornforretning 122 Bosch, Robert, AB 141 Hennes & Mauritz AB 158 STATOIL 122 BPA Byggproduktion AB 141 Hexagon AB 159 Stats Oljeselskap, Den Norske, A/S 122 Broderna Edstrand AB 141 HilieshOg AB 159 Steen, Bertel 0, A/S 123 BT Industries AB 141 HOganiis AB 159 Storebrand A/S 123 Calor-Celsius AB 141 Holmens Bruk AB 159 Storm011en Salgsaksjeselskap 123 Cardo (AB) 142 HSB's Riksforbund. Ek For 160 Sydvaranger A/S 124 Casco (AB) 142 Husqvarna AB 160 Teknisk Isolering A/S 124 Catena (AB) 142 IBM Svenska AB 160

Cementa AB 142 ICAAB 160 Thon, Olav, Gruppen 124 Citgo AB 143 ICA Eol AB 160 Ticon Industrier 124

Tiedemann-Gruppen 124 Cloetta (AB) 143 ICA Essve AB 161 Tinfos Jernverk A/S 124 Consafekoncernen AB 143 ICA-Hakon AB 161

Crawford Door AB 143 Iggesunds Bruk (AB) 161 Tofte Industrier A/S 124 Custos (AB) 143 Ikea Svenska AB 161 Torvaid Klaveness Gruppen 125 DafgArd, Gunnar, AB 144 IKO Kabel AB 161 Totai Marine Norsk A/S 125 Dagab, Distributions, AB 144 Incentive AB 162 Trosvik-Gruppen 125 Dickson Forvaltnings AB 144 Industri AB Euroc 162 Uistein Group 125 Dios AB 144 Industriforvaltnings AB Kinnevik 162 Uni Forsikring 125 Distributions Dagab AB 144 Industriviirden-Group 162 Union A/S (Union Co) 125 Domiinverket 144 Investment AB Asken 162 Valksdai Melle (A/S) 126 Draco (AB) 144 Investment AB Kinnevik 162 Veidekke A/S 126 Du Pont Scandinavia AB 144 Investment AB Promotion 162 Vesta Group pic 126 Duni BiiA-Gruppen 144 J M Byggnads och Fastighets AB 163 Vestfold-Buskerud Siakteri AIL 126 Dynapac AB 145 Jan Liebig Ltd 163 Vesllandske Saislag 126 Edet AB 145 Jiirnia AB 163 Vestlandsmeieret, P/L, 127 Edstrand, Broderna, AB 145 JCC 163 Viking-Askim A/S 127 Eka Nobel AB 145 Johnson, A, & Co HAB 163 Vinmonopolet A/S 127 Eldon AB 146 Johnson Construction Company AB 163 Volvo Norge A/S 127 Electrolux, AB, 146 Jonkopings Liins Siakteriforening Ek Wilh Wilhelmsen limited A/S 127 Electrolux Autoliv AB 147 For 163 Wilhelmsen, Wilh, Limited A/S 127 Elektrokoppar AB 147 Juvel, AB, 163 Ellos AB 147 KabiVitrum AB 164 Ericsson Cables AB 147 Kalmar Industries AB 164 Ericsson Information Systems AB 147 KaMeWa AB 164

SWEDEN Ericsson Radio Systems AB 147 Kanthal HOganAs AB 164 Ericsson, Telefonaktiebolaget L M, 148 Karlshamns Oljefabriker (AB) 165 Erik Thun AB 148 Kemi-Intressen AB 165 ESAB AB 148 KF 165

A Johnson & Co HAB 131 Esselte AB 148 Klippans Finpappersbruk AB 165 AB Electrolux 131 Euroc, Industri AB, 149 KMWAB 165 AB Juvel 131 Farmek Ek For 149 Kockums Marine AB 166 AS Skandinaviska Elverk 131 Felix (AB) 149 Kone Gruppen i Sverige 166 Abba Group 131 FFV Group 149 Konsum 166 A-Betong AB 131 FFV Telub AB 150 Konsum Viist ek for 166 ABV-Armerad Selong Findus AS 150 Konsumentforeningen Solidar Ek for 166

Vagforbiittringar AB 131 Firma Elof Hansson 150 Konsumentforeningen Stockholm Ada AB 131 Fiskeby' AB 150 M.O.ek for 166 AGA Group 131 Fliikt AB 151 Konsumentforeningen Viirmland 166 Ahlens AS 132 Flyg1 AB 151 Kooperativa Forbundet 165 AHLMARKS GRUPPEN 132 Folksamgruppen 151 Kopparfors AB 166 Akerlund & Rausing (AB) 132 Foodia AB 151 Korsniis-Marma AS 166 Akermans Verkstad AS 132 Ford Motor Company AS 151 Kristianstad-Blekinge Siakteriforening 167 Alia-Laval AS 133 Forenade Well AS 152 Kullenberg, Yngve, Syggnads AS 167 Allort & Cronholm (AB) 133 Foreningsbankernas Bank 152 Kungsornen AB 167 AlimakAB 133 Forvaltnings Ratos AB 152 Kuwait Petroleum Svenska AB 167 AlveniuS-Koncernen 133 Fosselius & Alpen AB 152 Landstingens Inkopscentral Lic Ek. AMF 134 Frigoscandla AS 152 For 167 Anderson, Paul, Industrier AS 134 Frovifors Sruk AS 152 Lantmiinnen i Stirmland Ek. For 167 Apoteksbolaget AB 134 G & L Beijer AB 152 LB-HUS AB 167 A-Pressen AB 134 Gadelius AB 152 Leo-Koncernen 168 Arbetsmarknadsforsiikringar Gambro AB 153 Liebig, Jan, Ltd 168

Pensionslorsilkring 134 GDG Biltrafik AB 153 Linjeflyg AB 168 Arilmos (AB) 134 General Foods AB 153 Linkopia-Expert 168 Aria ekonomisk forening 134 General Motors Nordiska AB 153 Lithells (AB) 168 Arosbygdens Lantmiln Forening UPA 135 Gislaved AB 154 LKAB 169 ASEA AB 135 GKN-Stenman AB 154 LKB-Produkter AB 168 Asea Skandia (AB) 135 Glace-Balaget 154 Luna AB 169 ASEA STAL AB 135 Gota Lantmiin ek fOr 154 Lundbergkoncernen 169 Asea-Atom (AB) 136 GOtabanken 154 Luossavaara-Kiirunavaara AB 169 ASGAB 136 Gotaverken Arendal AB 155 Miilardalens Lantmiin Ek. For. 169 Asken, Investment AB, 136 Gotaverken Motor AB 155 Miilarskog Ek For 169 Assa-5lenman AB (trading name) 154 Goteborgs-Postens Nya AB 155 Marabou (AB) 169

217

INDEX: By Country

Margarinbolaget AB 170 Scandinavian Airlines System 186 Transatlantic, Rederi AB, 204 Martin Olsson Livsmedel AB 170 Scania-Bussar AB 187 Trelleborg AB 204 Maruebeni Scandinavia AB 170 Scanralf 190 Trygg-Hansa 204 Media Holding International AB 170 Seco Tools AB 187 Upsala-Ekeby AB 204 Mellanskog 170 Securitasgruppen AB 187 VAG. Sverlge AB 205 Metrobutikerna AB 170 SELGA 187 Valand Omsesldlgt Mo Och Domsjo AB 170 Semper AB 188 LIvfOrslikringsbolag 205 MoDo 170 SlAB AB 188 V.rgOn Alloys AB 205 MoDo Konsumentprodukter AB 171 'Siemens Group of Sweden (The)" 188 Viistsvenska Lantmiin FOr UPA 205 MoDo Papper AB 171 Siemens-Gruppen i Sverige (The) 188 Vln- & Spirtt Centralen AB 205 MoDoCell AB 171 Sieverts Kabelverk 188 Vivo-Favor Forbundet 205 Molnlycke AB 171 Skandia Insurance Company Ltd 189 Volvo, AB 205 Monark Group 171 Skandinaviska Aluminium Profller AB 189 Volvo BM AB 206 Munkedals AB 172 Skandinaviska Elverk, AB, 189 Volvo Bus Corporation 206 Munksjo AB 172 Skandinaviska Enskilda Banken 190 Volvo Car Corporation 206 Myresjo Group 172 Skandinaviska Ralfinaderi AB 190 Volvo Flygmotor AB 206 NCB 174 Skanek ek for 190 Volvo Penta AB 207 Nedre Norrlands Producentforening 172 SkAnemejerier Ek. For 190 Volvo Truck Corporation 207 Neste Battery Ltd Oy 172 Skanska AB 190 WWeibuliAB 207 Neste Polyeten AB 173 SkAnska Banken 191 Wallen/us Lines 207 NNP 172 SkAnska Lantmiinnen ek for 191 WArby Killia AB 207 NoaCk, Nordiska SkAnska Lantmiinnens Maskin AB 191 Weibull, W, AB 207

Ackumulatorfabriker, AB 173 Skaraborgsbanken 191 Wermlandsbanken 208 Nobel Industries Sweden AB 173 SKF (AB) 192 Wilh Becker (AB) 208 Nordbanken 173 Skoogs Foretagsgrupp AB 192 Wirsbo Bruks AB 208 Nordchoklad (AB) 174 SMA 198 Yngve Kullenberg Byggnads AB 208 Nordisk Transport & Spedition AB 174 Smedjebecken-Boxholm SIAl AB 193 Zander & Ingestrom Group 208 Nordiska Ackumulatorfabriker Noack Sockerbolaget 193

AB 174 Sadra Skogsiigarna (ek for and Nordiska Kompaniet (AB) 174 subsidiaries) 193 Nordstjernan AB 174 Solidar, Konsumentforeningen, Ek for 193 Nordlend AB 174 Solna Gruppen 193 Norrlands Skogsiigares Cellulosa AB 174 Sonesson-Koncernen 194 Norrlands Siakteriforening 175 Sparbankernas Bank 199 NPL Group 175 SPP 198 Nymolla AB 175 SSAB Svenskt StAI AB 194 Nyniis Petroleum (AB) 175 STAL Refrigeration AB 194 Obbola Linerboard AB 175 Statens Jiirnviigar 194 OK Petroleum AB 175 Statens Skogsindustrier (AB) 194 OKG Aktiebolag 176 Statoil Petrokemi AB 194 Olson & Wright (AB) 176 STC Scandinavian Trading Co AB 195 Olsson, Martin, Livsmedel AB 176 Stena Line AB 195 Orebro Pappersbruk AB 176 Stena Metall AB 195 Ostg6ta Enskilda Bank 176 Stockholm Energi Produktion AB 195 PAgens Familjebageri AB 177 Stora Kopparbergs Bergslags AB 195 Pappersgruppen AB 177 Storstockholms Lokaltrafik 195 Papyrus (AB) 177 Sunds Defibrator AB 196 Parcon AB 177 Sundsvalls Verkstiider (AB) 196 Paul Anderson Industrier AB 177 Suprakoncernen 196 Pegenova AB 177 Surahammars Bruks AB 196 Persson-Invest (A B) 178 Svedala-Arbra AB 196 Perstorp AB 178 Svenska Agghandelsforbundet 197 Pharmacia AB 178 Svenska Cellulosa AB 197 Pharos AB 179 Svenska Eigrossist AB 187 Philips Norden AB 179 Svenska Esso AB 197 Philips Norrkopingsindustrier AB 179 Svenska Fina AB 197 Philipson Invest AB 179 Svenska Handelsbanken 197 PIA Group (The) 180 Svenska Hoechst AB 198 Pilkington Floatglas AB 180 Svenska Lantmiinnens Riksforbund 198 PKbanken 180 Svenska Mejeriernas Rlksforening Platzer Bygg AB 180 UPA 198 PLM AB 180 Svenska Motor AB 198 Pressbynin, Svenska, (AB) 181 Svenska Personal-Pensionskassan 198 Pripps Bryggerier (AB) 181 Svenska PressbyrAn (AB) 198 Procordia AB 181 Svenska Rayon AB 198 Promotion, Investment AB, 181 Svenska Shell Koncernen 199 Ratos, Forvaltnings, AB 182 Svenska Tobaks AB 199 Rederi AB Soya 207 Svenska Unilever 199 Rederi AB Transatlantic 182 SVENSKA VARV AB 200 Reso AB 182 Sveriges Siakteriforbund (including Riksbyggen ekonomisk foriining 182 subsidiary companies) 199 Riksost Ek. For 183 SwedBank 199 Robert Bosch AB 183 Swedcarrier (AB) 200 Rockwool AB 183 Swedish Dairies' Association 198 SAAB-ANA AB 183 Swedish Farmers' Supply & Crop Saab-Scania AB 183 Marketing Association 198 Saab-Scania Enertech AB 184 Swedish Match 200 SAB NIFE AB 184 Swedish Sugar Co (The) 193 SabaForetagen AB 184 Swedyards Corporation 200 SAbi AB 185 Sydkraft AB 201 Siifveans AB 185 Sydsvenska Dagbladets AB 201 SAila AB 185 Systembolaget AB 201 Samfod (A B) 185 Tarkett Group 201 Sandvik AB 185 Telefonaktiebolaget L M Ericsson 202 Sannes AB 185 Televerket 202 SAPA 189 TEll Teleindustrier AB 202 Sara AB 186 TENO AB 202 SAS 186 Tetra Pak International AB 202 SCA 197 Texaco Oil AB 202 Scan KLS ek. for 186 Thun, Erik, AB 202 Scan Vaest Ek For 186 Tibnor AB 203 Scanair 186 Tidnings AS Marleberg 203 Scandic Hotel ab 186 Tour & Andersson AB 203

218

Index to Business Activities

NORWAY Scandinavian Airlines System 186 Felleskj0pet-0stlandet 102 Swedcarrier (A B) 200

Advertising and public relations Felleskj0pet-Trondeheim 102 Kverneland A/S 109 Moelven Brug A/S 110 Rogaland Agder, Felleskj0pet, 119 Aluminium

DENMARK SWEDEN Politi ken, Dagbladet, Aktieselskabet 36 Alfa-Laval AB 133

Cardo (A B) 142 FINLAND Electrolux, AB, 146 FINLAND

Dagmar Oy AB 51 Flygt AB 151 Aspo Group 51 Huhtamiiki Group (The) 57 Gota Lantmiin ek for 154 Huhtamiiki Group (The) 57

Hilleshiig AB 159 Keppo, Oy, Ab 61 Miilardalens Lantmiin Ek. For. 169 Mercantile, OY, AB 65

NORWAY Nedre Norrlands Producentforening 172 Nokia Group 67 Bates-Gruppen A/S 96 SAAB-ANA AB 183

SkAnska Lantmiinnen ek for 191 NORWAY

SkAnska Lantmiinnens Maskin AB 191 SWEDEN Svenska Lantmiinnens Riksforbund 198 Ardal og Sunndal Verk a.s. 96

Media Holding International AB 170 Viistsvenska Lantmiin For UPA 205 Elkem 101 PIA Group (The) 180 Weibull, W, AB 207 Norsk Alcoa A/S 114

Norsk Hydro a.s. 114 Raufoss Ammunisjonsfabrikker A/S 119 S0r-Norge Aluminium A/S 122

Aerospace equipment and Agriculture and horticulture SWEDEN components Edstrand, Broderna, AB 145 Electrolux, AB, 146 Griinges AB 155

DENMARK Griinges Aluminium AB 156 DENMARK Danske Sukkerfabrikker A/S (De) 15 Skandinaviska Aluminium Profiler AB 189 Bohnstedt-Petersen A/S 7 GASA Odense, A.m.b.a. 21

FINLAND FINLAND Finnair Oy 53 Liinnen Tehtaat Oy 63 Baking and flour milling Scan-Auto, Oy, Ab 79 Valmet Corporation 87

NORWAY Hafslund A/S 105

NORWAY DENMARK Kongsberg Vaapenfabrikk 108

SWEDEN Havnem01Ierne-Fredericia-Odense-

Hilleshiig AB 159 K0benhavn A/S 24 SWEDEN Suprakoncernen 196 Korn-Og Foderstof Kompagniet A/S 29 FFV Group 149 Weibull, W, AB 207 0resund, Kryolitselskabet, A/S 35 Saab-Scania AB 183 Volvo Flygmotor AB 206 FINLAND

Elanto, Osuusliike, 51

Air transport E-osuuskunta Eka 52 Fazer, Oy Karl, Ab 53

Agricultural and horticultural Raision Tehtaat 75

equipment and services NORWAY

DENMARK Forenede Margarinfabrikker AfS 103 Danske, Det, Luftfartselskab$ A/S 14 Freia A/S 104 Tjereborg Gruppen A/S 43 Kavli, 0, A/S 107

DENMARK M011esentralen lIS 110 Berendsen,SOphuS,A/S 6 FINLAND Nora Industrier A.S. 112 Dansk Interpares A/S 12 Area, Matkatoimisto Oy, 50 Orkla Borregaard A.S (following Dronningborg Maskinfabrik A/S 17 Finnair Oy 53 merger of Orkla Industrier A.s & Grundfos International a/s 22 Borregaard A.S in Oct 1986) Skandinavisk Holding A/S 39 Parent Company of Orkla-Superfos a/s 42 NORWAY Borregaard Group 118

Braathens S.A.F.E. A/S 98 Stabburet A/S 122 FINLAND Det Norske Luftfartselskap A/S 100 Statens Kornforretning 122

Hankkija 55 Kosmos, Aksjeselskapet, 108 Storm011en Salgsaksjeselskap 123 Linjegods A/S 109 Tiedemann-Gruppen 124

Kone Corporation 62 Valksdal M011e (A/S) 126 Uinnen Tehtaat Oy 63 Rosenlew, W., Ltd 77 SWEDEN SISU-AUTO AB (OY) 80 ASGAB 136 SWEDEN Valmet Corporation 87 Linjeflyg AB 168 Cloetta (A B) 143 Valtion Hankintakeskus 88 Olson & Wright (A B) 176 Findus AS 150 Valtion Viljavarasto 88 Scanair 186 Juvel, AB, 163

219

INDEX: Business Activities Subdivided by Country

Pagens Familjebageri AB 177 NORWAY Nordiske Kabel-og Traad1abriker

Hafslund A/S 105 (Akts) 33

Norsk Hydro a.s. 114 Phoenix Contractors (A/S) 36 Rockwool International A/S 37

Banks, finance and investment SWEDEN SCS Holding A/S 39 Serensen, S C, A/S 40

Cardo (AB) 142 Superfos a/s 42 Incentive AB 162 Velux International AS 44 LKB-Produkter AB 168 Villadsens, a.s. Jens, Fabriker

DENMARK Nobel Industries Sweden AB 173 (mother company for the lcopal Perstorp AB 178 Group) 44

Aktivbanken A/S 3 Pharmacia AB 178 Andelsbanken-Danebank 4 FINLAND Arbejdernes Landsbank A/S 4 Copenhagen Handelsbank A/S

AhlstrOm, A, Corporation 49

(Aktieselskabet Kjebenhavns Algol, Oy, Ab 49

Handelsbank) 9 Brewing, wines and spirits Aro-Yhtymli Oy 50

Danmarks Nationalbank 11 E-osuuskunta Eka 52

Danske Bank af 1871, Den, A/S 14 Hackman, Oy, Ab 55

Hafnia Invest Ltd 23 Hankkija 55

Incentive A/S 25 Huber, Oy, Ab 56

Jyske Bank 27 DENMARK Kemi Oy 60

Privatbanken A/S 37 Danske Spritfabrikker A/S (De) 14 Lemminkainen Oy 64

Provinsbanken 37 IMGROS, Det Danske Lohja Corporation 64

Sparekassen SDS 41 Tobaksaktieselskab, 25 Makrotalo Oy 65

Jyske Bryggerier A/S 27 Metsilliito Group (The) 66

FINLAND United Breweries Ltd 44 Metsaliiton Teollisuus Oy (Group) 66

Metsa-Serla Group (The) 66

Kansallis-Osake-Pankki 59 FINLAND

Nokia Group 67

OKOBANK 68 Oulu Oy 70

Postipankki 74 Alko Ltd (The Finnish State Alcohol Outokumpu Oy 70

SKOPBANK 80 Company) 49 Partek, Oy, Ab 71

Suomen Pankki-Finlands Bank 82 Hartwall, Oy, Ab 56 Perusyhtyma Oy 72

Union Bank of Finland Ltd 86 Huhtamilki Group (The) 57 Rakennusvalmiste Oy 75 Mallasjuoma Oy 65 Rautakonttori Oy 76

NORWAY Sinebrychoff, Oy, Ab 79 Renlund, Oy, Ab 76

Schauman, Oy Wilh, Ab 79 Actinor Group 95 NORWAY

Starckjohann-Telko Oy 80 Bergen Bank 97 Valmet Corporation 87 Christiania Bank og Kreditkasse 99 Nora Industrier A.S. 112 Valtion Hankintakeskus 88 Den norske Creditbank 99 Vinmonopolet A/S 127 Wilrtsila, Oy, Ab 90 Hafslund A/S 105 Investa Konsernet 106 SWEDEN Orkla Borregaard A.S (following

NORWAY

merger of Orkla Industrier A.s & Cloetta (AB) 143 Aspelin-Stormbull A/S 96

Borregaard A.S in Oct 1986) Olsson, Martin, Livsmedel AB 176 Block, G, Watne A/S 98

Parent Company of Orkla-Pripps Bryggerier (AB) 181 Dyno Industrler A.S 100

Borregaard Group 118 Procordia AB 181 Fjeldhammer Brug A/S 103

Storebrand A/S 123 Systembolaget AB 201 Hetland, Bredr, A/S 106 Vin- & Spirit Centralen AB 205 KVlBrner Industrier A/S 109 Warby Killia AB 207 Levenskiold-VlBkere A/S 109

SWEDEN Moelven Brug A/S 110 Anderson, Paul, Industrier AB 134 Norcem, A/S, 112

Cardo (AB) 142 Norcem-Bygg A/S 112 Catena (AB) 142 Broadcasting, films and theatre Norema A/S 113

Custos (AB) 143 Norske Fina A/S 116

Foreningsbankernas Bank 152 Norske Skogindustrier A.S. 117

Gotabanken 154 Rieber & Sen Konsernet 119

Industriforvaltnings AB Kinnevik 162 Ticon Industrier 124

Industrivilrden-Group 162 DENMARK Johnson, A, & Co HAB 163 Kullenberg, Yngve, Byggnads AB 167 Danmarks-Radio 11 SWEDEN

Nordbanken 173 A-Betong AB 131

Ostgota Enskilda Bank 176 FINLAND Alvenius-Koncernen 133

PKbanken 180 Anderson, Paul, Industriar AB 134

Ratos, Forvaltnings, AB 182 Yleisradio, Oy, Ab 92 Beijer Byggmaterial AB 138

Silfveans AB 185 Betongindustrlkoncernen 139

Skandinaviska Enskilda Banken 190 NORWAY Cementa AB 142

Skanska Banken 191 Orkla Borregaard A.S (following Crawford Door AB 143

Skaraborgsbanken 191 merger of Orkla Industrier A.s & Electrolux, AB, 146

Svenska Handelsbanken 197 Borregaard A.S in Oct 1986) Euroc, Industrl AB, 149

SwedBank 199 Parent Company of Orkla-GKN-Stenman AB 154

Wermlandsbanken 208 Borregaard Group 118 Granges Aluminium AB 156 Gullfiber AB 156 Gustavsberg AB 157

SWEDEN Gyproc (AB) 157

Televerket 202 Hansson, Firma Elof, 158

Biotechnology Hexagon AB 159 Hoganas AB 159 HSB's Riksforbund. Ek For 160 Incentive AB 162

Building materials and fittings Industrivilrden-Group 162

DENMARK LB-HUS AB 167

Danisco (Aktiaselskabet) 10 Malarskog Ek For 169

Novo Industri A/S 34 Myresjo Group 172 Norrlands Skogsagares Cellulosa AB 174

DENMARK Perstorp AB 178

FINLAND Dahl, Bredrene, A/S 10 Platzer Bygg AB 180

Finnish Sugar Co. Ltd 54 Danimerco (A/S) 10 Promotion, Investment AB, 181

Kemira Oy 60 Dansk Interpares A/S 12 SwediSh Match 200

Metsil-Serla Group (The) 66 Danske Traelastkompagni, Det, A/S 15 Tarkett Group 201

Orion-yhtymii Oy 69 Hoffmann, H, & Soenner A/S Tibnor AB 203

Raision Tehtaat 75 Kancern 24 Tour & Andersson AB 203

Teriisbetoni Group 84 Lemvigh-Muller & Munck A/S 30 Viistsvenska Lantmiin For UPA 205

220


Wirsbo Bruks AB 208 Rieber & S0n Konsernet 119 Zander & Ingestrom Group 208

SWEDEN Beijer Byggmaterial AB 138

Cables and wires Betongindustrikoncernen 139 Civil engineering and construction Cementa AB 142 Euroc, Industri AB, 149 Viistsvenska Lantmiin For UPA 205

DENMARK DENMARK Berendsen, Sophus, A/S 6 Bruun & S0rensen A/S 8 Ericsson, L M, A/S 19 Cereal products Christiani & Nielsen A/S 8 Nordiske Kabel-og Traadfabriker Delmec-Gruppen 16

(Akts) 33 Hoffmann, H, & Soenner A/S Siemens A/S 39 Kancern 24

H0jgaard & Schultz A/S 24 FINLAND DENMARK Jespersen, A, & S0n International

Ericsson, Oy L M, Ab 52 Dansk Landbrugs Grovvareselskab A/S 26 Kampsax A/S 28

Hankkija 55 amba 12 Larsen & Nielsen Constructor

Nokia Group 67 Dansk Sojakagefabrik ApS 13 Holding A/S 30

Rentto Oy 77 Fyens Andels-Foderstofforretning Monberg & Thorsen A/S 31

AmbA 21 Hedegard, Peder P, A/S 24 Phoenix Contractors (A/S) 36

NORWAY Korn-Og Foderstof Kompagniet A/S 29 Rasmussen & Schi0tz A/S 37

Elektrisk Bureau (A/S) 101 Superfos a/s 42 National Industri A/S 111 Standard Telefon og Kabelfabrik A/S 122 FINLAND

FINLAND Finnish Sugar Co. Ltd 54

Ekengren, Insinooritoimisto Bertel, Raision Tehtaat 75 SWEDEN Valtion Viljavarasto 88 Oy 51

ASEA AB 135 Vehnii Oy Ab 89 Finn-Stroi Oy 54 Avesta AB 137 Hartela Contractors Ltd 56 Dickson Forvaltnings AB 144 Keskus-Sato Oy 61 Edstrand, Broderna, AB 145 NORWAY Kummila Oy 62 Elektrokoppar AB 147 Bj01sen Valsem011e A/S 98 Lemminkiiinen Oy 64 Ericsson Cables AB 147 Nestle Norge A/S 111 Makrotalo Oy 65 Ericsson, Telefonaktiebolaget L M, 148 Nora Industrier A.S. 112 MNK-Rakennusosakeyhtio 66 ESAB AB 148 Stabburet A/S 122 Nokia Group 67 Halmstads Jarnverks AB 158 Statens Kornforretning 122 OMP-Yhtymii Oy 68 Hansson, Firma Elof, 158 Valksdal M011e (A/S) 126 Palkki-yhtiot 71 IKO Kabel AB 161 Perusyhtyma Oy 72 Sieverts Kabelverk 188 SWEDEN Polar Construction Companies 73

Puolimatka Group Ltd 75 Arosbygdens Lantman Forening UPA 135 Rakennuskunta Haka 75 Findus AB 150 Rakennus-Ruola Oy 75 Gota Lantman ek for 154 Terasbetoni Group 84

Carpets Hansson, Firma Elof, 158 Tervo SA Oy 84 Kungsornen AB 167 Vesto Oy 90 Lantmiinnen i Sormland Ek. For 167 Wihuri Oy 90 Miilardalens Lantmiin Ek. For. 169 Wuorio, Otto, Oy 91 Scan Vaest Ek For 186 YIT Ltd General Engineering and

FINLAND Semper AB 188 Contracting Company 91 Fexima Oy 53 Svenska Lantmannens Riksforbund 198 Nokia Group 67 NORWAY Renlund, Oy, Ab 76

Astrup H0yer A/S 96

NORWAY Chemical plant Block, G, Watne A/S 98 Elkem 101

Rieber & S0n Konsernet 119 Furuholmen, Ingeni0r Thor, A/S 104 Kvrerner Industrier A/S 109

SWEDEN Moelven Brug A/S 110

Ikea Svenska AB 161 DENMARK Norcem, A/S, 112

Swedish Match 200 Norpipe A/S 113

Tarkett Group 201 Atlas-Danmark Concern 4 Orkla Borregaard A.S (following Sabroe, Thomas Ths, & Co (A/S) 38 merger of Orkla Industrier A.s & Superfos a/s 42 Borregaard A.S in Oct 1986)

Parent Company of Orkla-FINLAND Borregaard Group 118

Cement and bricks Algol, Oy, Ab 49 Selmer-Sande A.S. 121

Hackman, Oy, Ab 55 Selvaagbygg A/S 121

Huhtamiiki Group (The) 57 Ticon Industrier 124 Wihuri Oy 90 Veidekke A/S 126

DENMARK SWEDEN NORWAY Aalborg Portland 3 ABV-Armerad Betong Dansk Interpares A/S 12 Hetland, Br0dr, A/S 106

Kosmos, Aksjeselskapet, 108 Vagforbiittringar AB 131 Norcem, A/S, 112 Anderson, Paul, Industrier AB 134

FINLAND Orkla Borregaard A.S (following Asken, Investment AB, 136 Hankkija 55 merger of Orkla Industrier A.s & Boliden Group (The) 139 Lohja Corporation 64 Borregaard A.S in Oct 1986) BPA Byggproduktion AB 141 Paloheimo Oy 71 Parent Company of Orkla- Calor-Celsius AB 141 Partek,Oy,Ab 71 Borregaard Group 118 Citgo AB 143 Perusyhtyma Oy 72 Tofte Industrier A/S 124 Dios AB 144 Rakennusvalmiste Oy 75 Trosvik-Gruppen 125 Electrolux, AB, 146 Rautakonttori Oy 76 Granges AB 155 Renlund, Oy, Ab 76 SWEDEN

Hallstrom & Nisses Bygg AB 157 Starckjohann-Telko Oy 80 Hansson, Firma Elof, 158

Boliden Group (The) 139 HSB's Riksforbund. Ek For 160

NORWAY Calor-Celsius AB 141 Industriviirden-Group 162 Cardo (A B) 142 J M Byggnads och Fastighets AB 163

Norcem, A/S, 112 ST AL Refrigeration AB 194 JCC 163 Norcem-Bygg A/S 112 Sunds Defibrator AB 196 Kullenberg, Yngve, Byggnads AB 167

221


Lundbergkoncernen 169 Molnlycke AB 171 Landstingens Inkopscentral Lic Ek. Nordstjernan AB 174 Procordia AB 181 For 167 NPL Group 175 Procordia AB 181 Luna AB 169 Philipson Invest AB 179 Maruebeni Scandinavia AB 170 Platzer Bygg AB 180 STC Scandinavian Trading Co AB 195 SlAB AB 188 Skanska AB 190

Coal mining

Computer software and services

Civil engineering consultants DENMARK

Sabroe, Thomas Ths, & Co (A/S) 38 DENMARK

DENMARK SWEDEN Datacentralen af 1959 (lIS) 16 East Asiatic Company Ltd A/S (A/S

Christiani & Nielsen A/S 8 Johnson, A, & Co HAB 163 Det 0stasiatiske Kompagni) 18 Danisco (Aktieselskabet) 10 IBM Danmark A/S 25 Kampsax A/S 28 ISS - International Service System Phoenix Contractors (A/S) 36 A/S 26

Coal products Siemens A/S 39 FINLAND Superfos a/s 42

Nokia Group 67 Perusyhtyma Oy 72 FINLAND

Amer-yhtyma Oy 50 NORWAY FINLAND Nokia Group 67

Hafslund A/S 105 Aspo Group 51 Philips, Oy, Ab 72

Kvrerner Industrier A/S 109 Starckjohann-Telko Oy 80 Teboil, Oy, Ab 84 NORWAY

SWEDEN International Business Machines A/S 106 Anderson, Paul, Industrier AB 134 NORWAY Norsk Data A.S 114 Bo~den Group (The) 139 Norcem, A/S, 112 Scanvest Ring A/S 120 Citgo AB 143 NPL Group 175 SWEDEN Procordia AB 181 AHLMARKS GRUPPEN 132 Riksbyggen ekonomisk foraning 182

Coffee Anderson, Paul, Industrier AB 134 Beijer, G & L, AB 138 Boliden Group (The) 139 Bonnierforetagen AB 140

Cleaning and refuse col/ection Ericsson Information Systems AB 147

services DENMARK Euroc, Industri AB, 149 FFV Telub AB 150

Dansk Sojakagefabrik ApS 13 IBM Svenska AB 160

IMGROS, Det Danske Nordstjernan AB 174

Tobaksaktieselskab, 25 Nestle Danmark A/S 32 Philips Norden AB 179

DENMARK Olivarius & Christensens Eft! A/S 35 Siemens-Gruppen i Sverige (The) 188

ISS - International Service System A/S 26 FINLAND

E-osuuskunta Eka 52 Confectionery SWEDEN Paulig, Oy Gustav, Ab 72 Beijer, G & L, AB 138 Calor-Celsius AB 141 NORWAY PLM AB 180

Forenede Margarinfabrikker A/S 103 Johannson, Joh, 107 DENMARK Nestle Norge A{S 111 Benzon, Alfred, A{S 6

IMGROS, Det Danske Clothing SWEDEN Tobaksaktieselskab, 25

Nestle Danmark A{S 32 Findus AB 150 Olivarius & Christensens Eft! A/S 35 General Foods AB 153 0resund, Kryolitselskabet, A{S 35 Olsson, Martin, Livsmedel AB 176 Toms Fabrikker A/S 43

DENMARK Dahl, BrCildrene, A/S 10 FINLAND

Fazer, Oy Karl, Ab 53 FINLAND Commodity trading Huhtamaki Group (The) 57 Amer-yhtyma Oy 50 Kuivamaito Oy 62 Asko Oy 50 Rettig-Strengberg Oy AB 77

E-osuuskunta Eka 52 Fexima Oy 53

DENMARK NORWAY Keppo,Oy,Ab 61 Freia A/S 104 Lassila & Tikanoja Group 64 Dagros A/S 9

Nidar Bergene A.S. 111 Luhta Oy 65 Nordisk Andelsforbund 32

Orkla Borregaard A.S (following Suomen Trikoo Oy AB 82 Superfos a/s 42

merger of Orkla Industrier A.s & Turo Oy 86 Borregaard A. S in Oct 1986) Vallion Hartkintakeskus 88 FINl..ANtI Parent Company of Orkla-

Kaukomarkkinat Oy 60 Borregaard Group 118 NORWAY Valtameri Oy 88 Vestlandsmeieret, P/L, 127 Helly-Hansen A/S 105 Valtion Hankintakeskus 88 Nora Industrier A.S. 112 SWEDEN 0glamd. Jonas, A/S 117 SWEDEN Cloetta (AB) 143 Saba MfIIlnlycke A/S 120

BASF Svenska AB 137 Findus AB 150 TiEHIemann-Gruppen 124

Beijer, G & L, AB 138 Glace-Bolaget 154 Boliden Group (The) 139 Karishamns Oljefabriker (AB) 165

SWEDEN Edstrand, Br6derna, AB 145 Marabou (AB) 169 Becker, Wilh, (AB) 137 Investment AS Kinnevik 162 Nordchoklad (AB) 174 Hansson, Firma Elof, 158 Johnson, A, & Co HAB 163 Procordia AB 181

222


Olivarius & Christensens Eftf A/S 35 IBM Svenska AB 160 Nordstjernan AB 174

Construction equipment and plant FINLAND Philips Norden AB 179 PIA Group (The) 180 hire Kuivamaito Oy 62 Siemens-Gruppen i Sverige (The) 188

Kymenlaakson Osuusmeijeri 63 Maitojaloste, Osuuskunta, 65 Savonlinnan Seudun Osuuskunta

Tuote 79 DENMARK Tuottajain Maito, Osuuskunta, 86 Defence and armaments Hoffmann, H, & Soenner A/S Valio Meijerien Keskusosuusliike 87

Kancern 24 Kampsax A/S 28 Phoenix Contractors (A/S) 36 NORWAY

Smidth, F L, & Co A/S 40 Fellesmeieriet 102 FINLAND Forenede Margarinfabrikker A/S 103 Hackman, Oy, Ab 55

FINLAND Kavli, 0, A/S 107 Val met Corporation 87 Nestle Norge A/S 111 Hankkija 55 Nordm0re & Romsdal Meieri AIL avd. Lannen Tehtaat Oy 63 Kristiansund 112 NORWAY Scan-Auto, Oy, Ab 79 Norske Eggsentraler 116 Kongsberg Vaapenfabrikk 108 Terasbetoni Group 84 Norske Meierier 116 Moelven Brug A/S 110 Wihuri Oy 90 Rogalandsmeieriet AIL 120 Raufoss Ammunisjonsfabrikker A/S 119

Vestlandsmeieret, P/L, 127 NORWAY

SWEDEN Kvrerner Industrier A/S 109 SWEDEN Ericsson, Telefonaktiebolaget L M, 148 Moelven Brug A/S 110

Ticon I ndustrier 124 Aritmos (AB) 134 FFV Group 149 Aria ekonomisk forening 134 FFV Telub AB 150 Glace-Bolaget 154 Hagglund & Soner (AB) 157

SWEDEN Helsingborgs Mjolkcentral Ek For 158 Nobel Industries Sweden AB 173 A-Betong AB 131 Margarinbolaget AB 170 Saab-Scania AB 183 Akermans Verkstad AB 132 Nedre Norrlands Producentforening 172 Anderson, Paul, Industrier AB 134 Riksost Ek. For 183 Atlas Copco AB 136 Semper AB 188 Atlas Copco MCT AB 137 Skanemei.~rier Ek. For 190 Dynapac AB 145 Svenska Agghandelsforbundet 197 Defence electronics Euroc, Industri AB, 149 Svenska Mejeriernas Riksforening Flygt AB 151 UPA 198 Incentive AB 162 Kullenberg, Yngve, Byggnads AB 167 NPL Group 175 FINLAND Skanska Lantmannens Maskin AB 191 Philips, Oy, Ab 72 Svedala-Arbra AB 196 Data processing equipment Volvo BM AB 206

NORWAY

Elektrisk Bureau (A/S) 101

DENMARK SWEDEN Copper and copper alloys Berendsen, Sophus, A/S 6

Bording, F E, A/S 7 Ericsson Radio Systems AB 147 Datacentralen af 1959 (lIS) 16 Ericsson, Telefonaktiebolaget L M, 148 East Asiatic Company Ltd A/S (A/S Philips Norden AB 179

Det 0stasiatiske Kompagni) 18 Siemens-Gruppen i Sverige (The) 188 DENMARK

GN Store Nord A/S 22 Bergs0e Group 6 IBM Danmark A/S 25

ISS - International Service System FINLAND AfS 26 Domestic ceramics Mercantile, OY, AB 65 Kampsax A/S 28 Myllykoski Oy 67 Siemens A/S 39 Outokumpu Oy 70 Superfos a/s 42

NORWAY FINLAND DENMARK

Raufoss Ammunisjonsfabrikker A/S 119 Aspo Group 51 Danimerco (A/S) 10 International Business Machines, OY, Royal Copenhagen A/S 38

SWEDEN Ab 58 Mercantile, OY, AB 65 FINLAND Boliden Group (The) 139 Nokia Group 67

Boliden Mineral AB 140 Philips, Oy, Ab 72 Valtion Hankintakeskus 88 Granges AB 155 Valmet Corporation 87 Wartsila, Oy, Ab 90 Granges Metallverken AB 156 Valtion Hankintakeskus 88 Wirsbo Bruks AB 208

SWEDEN NORWAY Gustavsberg AB 157 International Business Machines A/S 106 Hansson, Firma Elof, 158 Kongsberg Vaapenfabrikk 108 Upsala-Ekeby AB 204

Dairy products Norsk Data A.S 114 Scanvest Ring A/S 120 Siemens A/S 121 Viking-Askim A/S 127

Domestic electrical appliances DENMARK

Boel Foods Ltd (A/S) 7 SWEDEN Butterdane 8 BASF Svenska AB 137 Danmark, Mejeriselskabet, AMBA 11 Beijer, G & L, AB 138 Dansk Ost Amba 13 Bonnierforetagen AB 140 DENMARK Emborg Foods Aalborg A/S 19 BT Industries AB 141 BBC 5 KI0ver Mrelk A.m.b.a. 28 Citgo AB 143 Dahl, Br0drene, A/S 10 Mejeriselskabet Esbjerg A.M. B.A. 31 Ericsson Information Systems AB 147 Electrolux Danmark A/S 19 Milco Export Amba 31 Ericsson, Telefonaktiebolaget L M, 148 Fisker & Nielsen A/S 20 Nestle Danmark A/S 32 Esselte AB 148 GN Laur Knudsen as (LK) 21 0ernes Konsummrelks Selskab FFV Group 149 Nordisk Solar Compagni, A/S 33

Amba 35 FFV Telub AB 150 Siemens AfS 39

223


FINLAND Lohja Corporation 64 Asko Oy 50 Nokia Group 67 Electrolux, Oy, Ab 51 Outokumpu Oy 70 Electrical machinery and Fexima Oy 53 Philips, Oy, Ab 72 components Onninen Oy 68 Rautakonttori Oy 76 Philips, Oy, Ab 72 Renlund, Oy, Ab 76 Rautakonttori Oy 76 Rosenlew, W., Ltd 77

Siihkoliikkeiden Oy 78 NORWAY Salora Oy 78 DENMARK Electrolux Norge A/S 100 Siemens Oy 79

Valmet Corporation 87 BBC 5 Philips, Norsk, A/S 119

Valtion Hankintakeskus 88 Berendsen, Sophus, A/S 6 Wiirtsilii, Oy, Ab 90 Bruun & Serensen A/S 8

SWEDEN Wihuri Oy 90 DISA 17 Asea Skandia (AB) 135 GN Store Nord A/S 22 BASF Svenska AB 137 Grundfos International a/s 22 Bosch, Robert, AB 141 NORWAY Monberg & Thorsen A/S 31 Electrolux, AB, 146 Siemens A/S 39 FFV Telub AB 150 Aker mek Verksted A/S 95

Hansson, Firma Elof, 158 Elektrisk Bureau (A/S) 101 Husqvarna AB 160 Kongsberg Vaapenfabrikk 108 FINLAND

Kanthal Hoganiis AB 164 Meller-Gruppen 110 Ericsson, Oy L M, Ab 52 Philips Norden AB 179 National Elektro A/S 111 Hankkija 55 Philips Norrkopingsindustrier AB 179 Norsk Elektrisk & Brown Boveri (A/S) 114 Huber, Oy, Ab 56 Siemens-Gruppen i Sverige (The) 188 Scan vest Ring A/S 120 Instrumentarium Corporation 58

Siemens A/S 121 Kymmene-Stromberg Corporation 63 Nokia Group 67 Philips, Oy, Ab 72

SWEDEN Val met Corporation 87 Education and training services

ASEA AB 135 Wihuri Oy 90 Asea Skandia (A B) 135 Bergman & Beving AB 138 NORWAY Du Pont Scandinavia AB 144

Actinor Group 95 DENMARK Ericsson Radio Systems AB 147

Esselte AB 148 Aker mek Verksted A/S 95 ISS - International Service System

FFV Group 149 Asea-Per Kure A/S 96 A/S 26 Elektro Union A/S 101

FFV Telub AB 150 Flygt AB 151 Investa Konsernet 106

SWEDEN Johnson, A, & Co HAB 163 National Elektro A/S 111 Citgo AB 143 Kanthal Hoganiis AB 164 National Industri A/S 111

Norsk Elektrisk & Brown Boveri (A/S) 114 Linkopia-Expert 168

Siemens A/S 121 Neste Battery Ltd Oy 172 Noack, Nordiska

Educational equipment Ackumulatorfabriker, AB 173 SWEDEN Philips Norden AB 179 ASEA AB 135 Procordia AB 181 Eldon AB 146 Promotion, Investment AB, 181 Euroc, Industri AB, 149 Saab-Scania AB 183 Gotaverken Motor AB 155

FINLAND SAB NIFE AB 184 Hiigglund & Soner (A B) 157 Valtion Hankintakeskus 88 SELGA 187 Neste Battery Ltd Oy 172

Siemens-Gruppen i Sverige (The) 188 Promotion, Investment AB, 181 Tour & Andersson AB 203 Siemens-Gruppen i Sverige (The) 188 SWEDEN Zander & Ingestrom Group 208

Esselte AB 148

Electrical engineering consultants Electricity supply

Electrical and electronic equipment

DENMARK DENMARK DENMARK Elkraft Power Company Ltd 19 Bang & Olufsen a/s 5

Berendsen, Sophus, A/S 6 Isefjordvaerket, Elektricitelsselskabet, BBC 5

GN Store Nord A/S 22 lIS 26 Berendsen, Sophus, A/S 6 Kobenhavns Belyningsvaesen 29 Bruun & Serensen A/S 8 Midtkraft, Interessentselskabet, lIS 31 Dahl, Bredrene, A/S 10 FINLAND Nesa A/S 32 Danfoss Concern (The) 10 Sabroe, Thomas Ths, & Co (A/S) 38 DISA 17 Hankkija 55 SEAS A/S 39 Ericsson, L M, A/S 19 Imatran Voima Oy 58 Siemens A/S 39 GN Laur Knudsen as (LK) 21 Nokia Group 67 GN Store Nord A/S 22 Onninen Oy 68 ISS - International Service System VIT Ltd General Engineering and FINLAND

A/S 26 Contracting Company 91 Enso-Gutzeit Oy 52 Nordisk Solar Compagni, A/S 33 Helsingin Kaupungin Energialaitos 56 Nordiske Kabel-og Traadfabriker Imatran Voima Oy 58

(Akts) 33 NORWAY Lohja Corporation 64 Philips Industri og Handels A/S 36 Nokia Group 67 Phoenix Contractors (A/S) 36 Elektro Union A/S 101

Pohjolan Voima Oy 73 Siemens A/S 39 Norsk Elektrisk & Brown Boveri (A/S) 114

Rosenlew, W., Ltd 77 Standard Electric Kirk A/S 41 Norsk Olje a.s 115 Tampereen Kaupungen Siihkolaitos 83

Wiirtsilii, Oy, Ab 90 FINLAND SWEDEN Aspo Group 51 NORWAY Ericsson, Oy L M, Ab 52 ASEA AB 135 Fiskars Oy Ab 55 BPA Byggproduktion AB 141 Folium Fabrikker A/S 103

Hankkija 55 Eldon AB 146 Hafslund A/S 105

Hollming Ltd 56 FFV Telub AB 150 Nora Industrier A.S. 112

Huber, Oy, Ab 56 Siemens-Gruppen i Sverige (The) 188 Norsk Elektrisk & Brown Boveri (A/S) 114

224


Orkla Borregaard A.S (following Valtion Hankintakeskus 88 SWEDEN merger of Orkla Industrier A.s & VAPO Oy 89 AGA Group 131 Borregaard A.S in Oct 1986) Alfa-Laval AB 133 Parent Company of Orkla- NORWAY Calor-Celsius AB 141 Borregaard Group 118

98 Electrolux, AB, 146 Union A/S (Union Co) 125 Bj01sen Valsem011e A/S

Hexagon AB 159 Dyno Industrier A.S 100 STAL Refrigeration AB 194 Felleskj0pet-Trondeheim 102

Zander & Ingestrom Group 208 SWEDEN M011esentralen lIS 110 AGA Group 131 Nora Industrier A.S. 112 ASEA STAL AB 135 Norsk Hydro a.s. 114 Graningeverkens AB 156 Rogaland Agder, Felleskj0pet, 119 Hoganas AB 159 Storm011en Salgsaksjeselskap 123 Food and drink retailing Korsnas-Marma AB 166 OKG Aktiebolag 176

SWEDEN Skandinaviska Elverk, AB, 189 Stockholm Energi Produktion AB 195 Arosbygdens Lantman Forening UPA 135 Stora Kopparbergs Bergslags AB 195 Hansson, Firma Elof, 158 DENMARK Svenska Cellulosa AB 197 Hasselfors AB 158

Dansk Supermarked A/S 13 Sydkraft AB 201 Kemi-Intressen AB 165

Lantmannen i Sormland Ek. For 167 Faellesforeningen for Danmarks

Malardalens Lantman Ek. For. 169 Brugsforeninger 20 Nobel Industries Sweden AB 173 F0tex A/S 21 Suprakoncernen 196 Hoki A/S 24

Elevators, lifting equipment and Svenska Lantmannens Riksforbund 198 Irma A/S 25

conveyors Vastsvenska Lantman For UPA 205 Wessel, Th, & Vett A/S Magasin du

Weibull, W, AB 207 Nord 45

FINLAND Elanto, Osuusliike, 51

DENMARK Fish and fish processing E-osuuskunta Eka 52

Berendsen, Sophus, A/S 6 POhjanmaa Oy 73 Siemens A/S 39 Stockmann, OV, AB 81

Suomen Osuuskauppojen

FINLAND Keskuskunta 81

Talous-Osakekauppa 83 Algol, Oy, Ab 49 DENMARK Tukkukauppojen Oy 85 Kontino, Oy, Ab 62 Nestle Danmark A/S 32 Tuotanto, Osuuskauppa, 85 Suomen Puhallintehdas Oy 82 Turun Osuuskauppa 86 Valmet Corporation 87

FINLAND

Finnish Sugar Co. Ltd 54 NORWAY NORWAY Huhtamaki Group (The) 57 Agro Fellesslakteri 95 Hetland, Br0dr, A/S 106 Paulig, Oy Gustav, Ab 72 Narvesen A/S 111

SWEDEN NORWAY SWEDEN Alimak AB 133 Aarsalther, Br0dr, A/S 95 ICAAB 160 Hagglund & Soner (AB) 157 Feitsildfiskernes Salgslag 102 Konsum Viist ek for 166 Kone Gruppen i Sverige 166 Fiskeprodusentenes Fellesslag AIL 102 Konsumentforeningen Stockholm Promotion, Investment AB, 181 Frionor Norsk Frossenfisk AIL 104 M.O.ek for 166 Sandvik AB 185 Nestle Norge A/S 111 Konsumentforeningen Varmland 166

Orkla Borregaard A.S (following Metrobutikerna AB 170 merger of Orkla Industrier A.s & Olsson, Martin, Livsmedel AB 176 Borregaard A.S in Oct 1986) PIA Group (The) 180

Explosives Parent Company of Orkla- Pressbyran, Svenska, (AB) 181 Borregaard Group 118 SabaForetagen AB 184

Stabburet A/S 122 Vivo-Favor Forbundet 205 Vestlandske Salslag 126

FINLAND SWEDEN Kemira Oy 60 Abba Group 131 Footwear

Cloetta (AB) 143 NORWAY Findus AB 150 Norsk Hydro a.s. 114 Foodia AB 151 Rauloss Ammunisjonsfabrikker A/S 119 Hansson, Firma Etol, 158

ICA-Hakon AB 161 FINLAND Aaltosen Tehtaat Oy 49

SWEDEN Fexima Oy 53 Luossavaara-Kiirunavaara AB 169 Lassila & Tikanoja Group 64 Nobel Industries Sweden AB 173 Nokia Group 67

Food and beverage plant Rentto Oy 77 Suomen Trikoo Oy AB 82 Valtion Hankintakeskus 88

Fertilisers DENMARK NORWAY

Danske Sukkerfabrikker A/S (De) 15 Orkla Borregaard A.S (following

Sabroe, Thomas Ths, & Co (A/S) 38 merger of Orkla Industrier A.s &

Sukkerfabriken Nyk0bing Limiteret 42 Borregaard A.S in Oct 1986) DENMARK Parent Company of Orkla-Dansk Landbrugs Grovvareselskab Borregaard Group 118

amba 12 FINLAND Viking-Askim A/S 127 Fyens Andels-Foderstolforretning Algol, Oy, Ab 49

AmbA 21 Hackman, Oy, Ab 55 Korn-Og Foderstof Kompagniet A/S 29 Hankkija 55 Superfos a/s 42 Huhtamaki Group (The) 57

Forestry Huurre Oy 57 FINLAND

Farmos-Vhtymii Oy 52 NORWAY Hankkija 55 Hetland, Br0dr, A/S 106 Kemira Oy 60 Nordm0re & Romsdal Meieri AIL aVd. FINLAND Mercantile, OV, AB 65 Kristiansund 112 Enso-Gutzeit Oy 52

225


Hackman, Oy, Ab 55 Semper AB 188 Kemi Oy 60 Rauma-Repola Oy 76 Furniture and components Tampella Ltd 83 Veitsiluoto Oy 89

Fruit products NORWAY

Hafslund A/S 105 DENMARK

Norske Skogindustrier A.S. 117 East Asiatic Company Ltd A/S (A/S Orkla Borregaard A.S (following DENMARK Det f2istasiatiske Kompagni) 18

merger of Orkla Industrier A.s & GASA Odense, A.m.b.a. 21 Borregaard A.S in Oct 1986) Olivarius & Christensens Eftf A/S 35 FINLAND Parent Company of Orkla- Sukkerfabriken Nyk0bing Limiteret 42 Borregaard Group 118 Asko Oy 50

E-osuuskunta Eka S2 FINLAND

SWEDEN Fexirna Oy 53

Hansson, Firma Elof, 158 Huhtamaki Group (The) 57 Hollrning Ltd 56

KF 165 Lannen Tehtaat Oy 63 Isku-yhtiot 58

Kopparfors AB 166 Tuottajain Linhakeskuskunta 85 Metsa-Sarla Group (The) 66

Mo Och DomsjO AB 170 Sohlberg, Oy G W, AB Group 80

SOdra Skogsagarna (ek for and NORWAY Valtion HBnkintakeskus 88

subsidiaries) 193 Gartnerhallen A/L 104 Stora Kopparbergs Bergslags AB 195 Nestle Norge A/S 111 NORWAY

Rieber & S0n Konsernet 119 Norema A/S 113 Stabburet A/S 122

Freight forwarding SWEDEN SWEDEN

Cloetta (AB) 143 Hexagon AB 159

Felix (AB) 149 Ikea Svenska AB 161

Findus AB 150 Swedish Match 200

Foodia AB 151 DENMARK Hansson, Firma Elof, 158 DFDS A/S 16 ICA-Hakon AB 161 DSB 17 Skanemejerier Ek. For 190 Furs

FINLAND Aspo Group 51

Fuel distribution NORWAY

DENMARK

Linjegods A/S 109 Danske Pels Auktioner 14

SWEDEN DENMARK FINLAND

ASG AB 136 BP Olie-Kompagniet A/S 7 Keppo, Oy, Ab 61 Beijer, G & L, AB 138 Danmark, Olieskabet, Amba 11 Lassila & Tikanoja Group 64 Bilspedition AB 139 Dansk Olie og Naturgas A/S 12 Turkistuottajat Oy 86 Frigoscandia AB 152 Dansk Shell (AS) 13 Nordisk Transport & Spedition AB 174 Kuwait Petroleum (Danmark) A/S 29 Olson & Wright (AB) 176 Mobil Oil A/S 31 Swedcarrier (AB) 200 Sabroe, Thomas Ths, & Co (A/S) 38

Texaco A/S 43 General chemicals

FINLAND

Frozen and ready prepared food Aspo Group 51

products Esso, Oy, Ab 52 DENMARK Finnoil Oy 54 Benzon, Alfred, A/S 6 Hankkija 55 Kesoil Oy 62 Cheminova A/S 8

Shell, Oy, AB 79 Dansk Landbrugs Grovvareselskab

DENMARK Starckjohann-Telko Oy 80 amba 12 Dansk Sojakagefabrik ApS 13

Danpo A/S 12 Suomen Petrooli Oy 82 Fyens Andels-Foderstoftorretning Nestle Danmark A/S 32 Teboil, Oy, Ab 84 AmbA 21

Union-Oljy, Oy, Ab 87 Kemisk Vaerk K0ge A/S 28 VAPO Oy 89

FINLAND Superfos a/s 42

Helsingin Kauppiaat Oy 56 NORWAY Huhtamaki Group (The) 57

Mobil Oil A/S Norge 110 FINLAND

Lannen Tehtaat Oy 63 Lihakunta 64 Norsk Hydro a.s. 114 Algol, Oy, Ab 49

Saarioinen Oy 77 Norsk Olje a.s 115 Aspo Group S1 Norsk Texaco Oil A/S 116 Farmos-Yhtyma Oy 52

Norske Fina A/S 116 Finnish Sugar Co. Ltd 54 NORWAY Norske Shell (A/S) 116 Joutseno-Pulp Co. 59

Nestle Norge A/S 111 Stats Oljeselskap, Den Norske, A/S 122 Kymmene-Stromberg Corporation 63

Orkla Borregaard A.S (following Liiaketukku Oy 63

merger of Orkla Industrier A.s & SWEDEN Mercantile, OY, AB 65

Borregaard A.S in Oct 1986) Metsaliito Group (The) 66

Parent Company of Orkla- AHLMARKS GRUPPEN 132 Nokia Group 67

Borregaard Group 118 Du Pont Scandinavia AB 144 Oulu Oy 70

Stabburet A/S 122 Kuwait Petroleum Svenska AB 167 Starckjohann-Tetko Oy 80 Nynas Petroleum (AB) 175 Tikkurila Oy 84 OK Petroleum AB 175 Union-Oljy, Oy, Ab 87

SWEDEN Persson-Invest (AB) 178 Dafgard, Gunnar, AB 144 Sannes AB 185 Felix (AB) 149 Svenska Esso AB 197 NORWAY

Findus AB 150 Svenska Fina AB 197 Apothekemes Laboratorlum A/S 96 Foodia AB 151 Svenska Lantmannens Riksforbund 198 Dyno Industrter A.S 100 General Foods AB 153 Svenska Shell Koncernen 199 Norsk Hydro a.s. 114 Hansson, Firma Elof, 158 Texaco Oil AB 202 Norske Esso AS 116 ICA-Hakon AB 161 Vastsvenska Lantman For UPA 205 Norzink AS 117

226


Orkla Borregaard A.S (fo"owing Hansson, Firma Elof, 158 merger of Orkla Industrier A.s & Borregaard A.S in Oct 1986) General trading Parent Company of Orkla-Borregaard Group 118

Glass

SWEDEN DENMARK

Ada AB 131 Dagros A/S 9 Alfort & Cronholm (AB) 133 Dahl, Bredrene, A/S 10 BASF Svenska AB 137 Dansk Landbrugs Growareselskab DENMARK

Bayer Sverige AB 137 amba 12 Dansk Interpares A/S Berol Kemi AB East ASiatic Company Ltd A/S (A/S

12 138 Holmegaards Glasvaerker A/S 24

Boliden Group (The) 139 Det 0stasiatiske Kompagni) 18 United Breweries Ltd 44 Boliden Mineral AB 140

IMGROS, Det Danske

Casco (AB) 142 Tobaksaktieselskab, 25

Cementa AB 142 Serensen, S C, A/S 40 FINLAND

Du Pont Scandinavia AB 144 Kyro, OY, AB 63

Eka Nobel AB 145 FINLAND Starckjohann-Telko Oy 80

Hansson, Firma Elof, 158 Algol, Oy, Ab 49 Johnson, A, & Co HAB 163 Amer-yhtymii Oy 50 SWEDEN Korsniis-Marma AB 166 Asko Oy 50

Lantmiinnen i Sormland Ek. For 167 Fexima Oy 53 BPA Byggproduktion AB 141

Neste Polyeten AB 173 Helsingin Osuuskauppa 56 Hansson, Firma Elof, 158

Nobel Industries Sweden AB 173 Kaukomarkkinat Oy 60 Myresjo Group 172

Norrlands Skogsiigares Ce"ulosa AB 174 Neste Oy 67 Pilkington Floatglas AB 180

Perstorp AB 178 Onninen Oy 68

Statoil Petrokemi AB 194 Renlund, Oy, Ab 76

Suprakoncernen 196 Riisla Oy 77 Ta"berg, Oy Julius, Ab 83

Svenska Hoechst AB 198 Turun Osuuskauppa 86 Hand tools Swedish Match 200 Valintatalo Oy 87 Vargon Alloys AB 205 Valtameri Oy 88

Valtion Hankintakeskus 88

NORWAY DENMARK

General mechanical engineering Actinor Group 95 Berendsen, Sophus, A/S 6 Kaldnes Mek. Verksted A/S 107 Dahl, Bredrene, A/S 10 Norges Kjett og Fleskesentral 113 PLM Haustrup, Group 36 Norges Kooperative Landsforening 113 Orkla Borregaard A.S (following

FINLAND merger of Orkla Industrier A.s & DENMARK Borregaard A.S in Oct 1986) Fiskars Oy Ab 55

Berendsen, Sophus, A/S 6 Parent Company of Orkla- Hackman, Oy, Ab 55

MAN B&W Diesel A/S 30 Borregaard Group 118 Hankkija 55

Mercantile, OY, AB 65 Monberg & Thorsen A/S 31 0resund, Kryolitselskabet, A/S 35

SWEDEN Metsii-Serla Group (The) 66

Smidth, F L, & Co A/S 40 Beijer, G & L, AB 138 Rautakonttori Oy 76

Catena (AB) 142 Renlund, Oy, Ab 76

Euroc, Industri AB, 149 Teriisbetoni Group 84

FINLAND FFV Group 149 Valtion Hankintakeskus 88

Gadelius AB 152 Wihuri Oy 90 Ahlstrom, A, Corporation 49 Investment AB Kinnevik 162 Fexima Oy 53 Johnson, A, & Co HAB 163 SWEDEN Kymmene-Stromberg Corporation 63 Landstingens Inkopscentral Lic Ek. Lohja Corporation 64 For 167 Atlas Copco AB 136

Onninen Oy 68 Maruebeni Scandinavia AB 170 Fosselius & Alpen AB 152

Orion-yhtymii Oy 69 Ratos, Forvaltnings, AB 182 Hansson, Firma Elof, 158

Teriisbetoni Group 84 Siifve4ns AB 185 Luna AB 169

Valmet Corporation 87 STC Scandinavian Trading Co AB 195 Promotion, Investment AB, 181

Yhtyneet Paperitehtaat Oy 91 Svenska Lantmiinnens Riksforbund 198 Sandvik AB 185

YIT Ltd General Engineering and Contracting Company 91

NORWAY Generators Hardware

Actinor Group 95 Kvrerner Industrier A/S 109 Ticon Industrier 124 DENMARK DENMARK

SWEDEN Kosan A/S 29 Danimerco (A/S) Siemens A/S 39 10

Velux International AS 44 Akerlund & Rausing (AB) 132

FINLAND Calor-Celsius AB 141 Custos (AB) 143 Paloheimo Oy 71 FINLAND

Grafoprint (AB) 155 Valmet Corporation 87 Fexima Oy 53 Johnson, A, & Co HAB 163 Wihuri Oy 90 Hackman, Oy, Ab 55

Kanthal Hoganiis AB 164 Rautakonttori Oy 76

Kockums Marine AB 166 NORWAY Renlund, Oy, Ab 76

Ku"enberg, Yngve, Byggnads AB 167 Bergens Mekaniske Verksteder A/S 97 Starckjohann-Telko Oy 80

Nordstjernan AB 174 Elektro Union A/S 101 Tallberg, Oy Julius, Ab 83

Parcon AB 177 Investa Konsernet 106 Valtion Hankintakeskus 88

Pharos AB 179 National Industri A/S 111 Wihuri Oy 90

Procordia AB 181 Norsk Elektrisk & Brown Boveri (A/S) 114 Seco Tools AB 187 SWEDEN Solna Gruppen 193 SWEDEN GKN-Stenman AB Sundsva"s Verkstiider (AB) 196 ASEA AB

154 135 Jiirnia AB 163

Svenska Unilever 199 Flygt AB 151 Sandvik AB 185

227


Beijer, G & l, AB 138 Electrolux, AB, 146

Heating, ventilation and refrigeration Industrial ceramics FFV Group 149 Grafoprint (AB) 155 Hagglund & Stiner (AB) 157 Hansson, Firma Elof, 158 Hexagon AB 159

DENMARK FINLAND Incentive AB 162

Berendsen, Sophus, A/S 6 Renlund, Oy, Ab 76 KMWAB 165

Bruun & S0rensen A/S 8 Wiirtsilii, Oy, Ab 90 luna AB 169

Dahl, Br0drene, A/S 10 Persson-Invest (AB) 178

Danfoss Concern (The) 10 Pharos AB 179

Dansk Esso A/S 12 Promotion, Investment AB, 181

Grundfos International als 22 Ratos, Ftirvaltnings, AB 182

Novenco A/S 34 Industrial engines Saab-Scania AB 183

Sabroe, Thomas Ths, & Co (A/S) 38 SKF (AB) 192

S0rensen, S C, A/S 40 Solna Gruppen 193 STAl Refrigeration AB 194 Sunds Defibrator AB 196

FINLAND DENMARK Sundsvalls Verkstiider (AB) 196

Aga, Oy, Ab 49 Berendsen, Sophus, A/S 6 Svenska Cellulosa AB 197

ARE-Yhtymii 50 Kosan A/S 29 Svenska Unilever 199

Asko Oy 50 MAN B&W Diesel A/S 30 Tibnor AB 203

Hankkija 55 Zander & Ingestrtim Group 208

Kymmene-Strtimberg Corporation 63 FINLAND Onninen Oy 68 Renlund, Oy, Ab 76 Enso-Gutzeit Oy 52

Teriisbetoni Group 84 Val met Corporation 87

Val met Corporation 87 Veho, Oy, Ab 89 Industrial gases Wiirtsilii, Oy, Ab 90 Wihuri Oy 90

SWEDEN

Alfa-laval AB 133 NORWAY ASEA STAl AB 135

FINLAND

BPA Byggproduktion AB 141 Bergens Mekaniske Verksteder A/S 97 Suomen Petrooli Oy 82

Calor-Celsius AB 141 Kongsberg Vaapenfabrikk 108 Teboil, Oy, Ab 84

Electrolux, AB, 146 Fliikt AB 151 SWEDEN NORWAY Fosselius & Alpen AB 152 Catena (AB) 142 Norsk Hydro a.s. 114 Frigoscandia AB 152 Saab-Scania AB 183 Hansson, Firma Elof, 158 Swedyards Corporation 200 Promotion, Investment AB, 181 Volvo Penta AB 207 SWEDEN

Ratos, Ftirvaltnings, AB 182 AGA Group 131 Saab-Scania AB 183 Boliden Group (The) 139 Saab-Scania Enertech AB 184 Eka Nobel AB 145 STAl Refrigeration AB 194 Swedyards Corporation 200 Industrial equipment Tour & Andersson AB 203 Volvo Flygmotor AB 206 Zander & Ingestrtim Group 208 Infant and dietetic foods

DENMARK Atlas-Danmark Concern 4 Berendsen, Sophus, A/S 6

Hotels, restaurants and catering East ASiatic Company ltd AIS (A/S FINLAND

Det I2Istasiatiske Kompagni) 18 Huhtamiiki Group (The) 57 Niro Atomizer (A/S) 32 Kuivamaito Oy 62 I2Iresund, Kryolitselskabet, AIS 35 Sabroe, Thomas Ths, & Co (A/S) 38 NORWAY

DENMARK ses Holding AIS 39 ISS - International Service System Siemens AIS 39 Apothekernes laboratorium A/S 96

AlS 26 Nestle Norge A/S 111

Tjaareborg Gruppen A/S 43 FINLAND Aga,Oy,Ab 49

SWEDEN

FINLAND Algol, Oy, Ab 49 Findus AB 150

Kone Corporation 62 Semper AB 188 Arctia Oy 50 Kyro, OY, AB 63 Elanto, Osuusliike, 51 Mercantile, OY, AB 65 Fazer, Oy Karl, Ab 53 Nokia Group 67 Finnair Oy 53 Helsingin Osuuskauppa 56

Outokumpu Oy 70 Insurance Rantasipi Oy 75

Partek, Oy, Ab 71 Perusyhtymii Oy 72

Suomen Osuuskauppojen Rauma-Repola Oy 76 Keskuskunta 81

Tuotanto, Osuuskauppa, 85 Tampella ltd 83

Turun Osuuskauppa 86 Valmet Corporation 87 DENMARK Wihuri Oy 90 Yhtyneet Paperitehtaat Oy 91 Baltica, Assurance Compagniet, AIS 5

NORWAY Baltica, Assurance Compagniet,

livsforsikringsakts 5 Kosmos, Aksjeselskapet, 108 NORWAY Berendsen, Sophus, A/S 6 Narvesen AIS 111 Actinor Group 95 Hafnia Insurance Group 23 SAS Catering Norge AIS 120 Aspelin-Stormbull AIS 96 Hafnia Invest ltd 23 Thon, Olav, Gruppen 124 Kaldnes Mek. Verksted AIS 107 Kommunernes Pensionsforsikring AS 29

Kverner Industrier A/S 109 Statsanstaltan for livsforslkring 41

SWEDEN Nye Fredriksstad Mek Verksted (A/S) 117

GOG Biltrafik AB 153 Securus Industrier A-S 121 FINLAND

PIA Group (The) 180 Ticon Industrier 124

IImarinen, Eliikevakuutusosakeyhtiti 57 Procordia AB 181 Kalervo, Keskiniiinen

Reso AB 182 SWEDEN Eliikevakuutusyhtiti, 59 Sara AB 186 ASEA AB 135 Pension-Varma, Mutual Insurance

Scandic Hotel ab 186 ASEA STAlAB 135 Company 72

Scandinavian Airlines System 186 Atlas Copeo AB 136 Pohjola Insurance Company ltd 73

228


Sam po, Keskiniiinen Vakuutusyhtio, 78 NORWAY Suomi-Salama, Keskiniiinen Norges Kj0tt og Fleskesentral 113

Henkivakuutusyhtio, 83 Irrigation equipment Tapiola Insurance Group (The) 84 SWEDEN

Hansson, Firma Elol, 158 NORWAY

Gjensidige Forsikring 104 DENMARK

Kommunal Landspensjonskasse 108 Grundfos International a/s 22 Norsk Kollektiv Pensjonskasse AS 115 Leisure goods and giftware Norske Folk Gjensidige FINLAND

Livslorsikringsselskap 116 Hankkija 55 Storebrand A/S 123 Uni Forsikring 125

NORWAY Vesta Group pic 126 DENMARK Norpipe A/S 113 Berendsen, Sophus, A/S 6 Rogaland Agder, Felleskj0pet, 119 Gutenberghus Group 23

SWEDEN

AMF 134 SWEDEN FINLAND

Folksamgruppen 151 Flygt AB 151 Fiskars Oy Ab 55 Hansa Omsesidig Saklorsiikring 158 Viistsvenska Lantmiin For UPA 205 Kaukomarkkinat Oy 60 Skandia Insurance Company Ltd 189 Lohja Corporation 64 Svenska Personal-Pensionskassan 198 Rautakonttori Oy 76 Trygg-Hansa 204 Scan-Auto, Oy, Ab 79 Val and Omsesidigt Knitted goods

Livlorsiikringsbolag 205 NORWAY Helly-Hansen A/S 105 Moelven Brug A/S 110 M0l1er-Gruppen 110

FINLAND 0glrend, Jonas, A/S 117 Iron and steel Suomen Trikoo Oy AB 82 Tiedemann-Gruppen 124

Viking-Askim A/S 127

NORWAY

0glrend, Jonas, A/S 117 SWEDEN

Tiedemann-Gruppen 124 Aritmos (A B) 134 DENMARK Hansson, Firma Elol, 158

Danske Staalvalsevaerk, Det, AfS 15 SWEDEN Monark Group 171

DISA 17 Perstorp AB 178

Sabroe, Thomas Ths, & Co (A/S) 38 Hansson, Firma Elof, 158 Upsala-Ekeby AB 204

FINLAND

Algol, Oy, Ab 49 Laundries and dry cleaning Leisure services Aspo Group 51 Kontino, Oy, Ab 62 Mercantile, OY, AB 65 Outokumpu Oy 70 DENMARK FINLAND OVAKO Oy-Ab 70 Rautaruukki Oy 76 Berendsen, Sophus, A/S 6 Turun Osuuskauppa 86 Starckjohann-Telko Oy 80 ISS - International Service System

A/S 26

NORWAY FINLAND Livestock and animal feeds Ankerl0kken Gruppen A/S 95 Elanto, Osuusliike, 51

Aspelin-Stormbull AfS 96 Denola og Lilleborg Fabriker A/S 100 SWEDEN Hafslund AfS 105 Electrolux, AB, 146 Kaldnes Mek. Verksted A/S 107 DENMARK

Kverneland A/S 109 Dansk Landbrugs Grovvareselskab Norsk Jernverk (AS) 115 amba 12 Raufoss Ammunisjonslabrikker AfS 119 Dansk Sojakagelabrik ApS 13 Schreiner Fleischer A/S 121 Leasing and rental services Fyens Andels-Foderstofforretning Tinfos Jernverk A/S 124 AmbA 21

Hedegard, Peder P, A/S 24 Korn-Og Foderstof Kompagniet A/S 29

SWEDEN Sukkerfabriken Nyk0bing Limiteret 42 FINLAND Superfos a/s 42

AGA Group 131 Amer-yhtymii Oy 50 Avesta AB 137 Beijer, G & L, AB 138 FINLAND

Dickson Forvaltnings AB 144 NORWAY E-osuuskunta Eka 52 Edstrand, Brtiderna, AB 145 M0l1er-Gruppen 110 Farmos-Yhtymii Oy 52 Electrolux, AB, 146 Finnish Sugar Co. Ltd 54 Granges AB 155 SWEDEN Hankkija 55 Gunnebo AB 156 Catena (A B) 142

Kuivamaito Oy 62 Hansson, Firma Elol, 158 Lannen Tehtaat Oy 63 Hoganas AB 159

Siemens-Gruppen i Sverige (The) 188 Raision Tehtaat 75 Johnson, A, & Co HAB 163 Savonlinnan Seudun Osuuskunta

Kanthal Hoganas AB 164 Tuote 79 Nordstjernan AB 174 Vehna Oy Ab 89 Sandvik AB 185 Leather goods SKF (A B) 192 NORWAY Smedjebacken-Boxholm Stal AB 193 Bj01sen Valsem011e A/S 98 SSAB Svenskt Stal AB 194 Hetland, Bmdr, A/S 106 Stena Metall AB 195 Kavli, 0, A/S 107 Surahammars Bruks AB 196 FINLAND M011esentralen I/S 110 Svedala-Arbra AB 196 Aaltosen Tehtaat Oy 49 Norsildmel 114 Vargon Alloys AB 205 Lihakunta 64 0glrend, Jonas, AfS 117 Wirsbo Bruks AB 208 Rentto Oy 77 Rogaland Agder, Felleskj0pet, 119

229


Statens Kornforretning 122 FINLAND SWEDEN Stormellen Salgsaksjeselskap 123 Kemira Oy 60 Aritmos (AB) 134 Tiedemann-Gruppen 124 Lassila & Tikanoja Group 64 DafgArd, Gunnar, AB 144 Valksdal Melle (A/S) 126 Farmek Ek For 149

SWEDEN Felix (AB) 149

SWEDEN Findus AB 150 Arosbygdens lantman Forening UPA 135 Bayer Sverige AB 137 Foodia AB 151 Boliden Group (The) 139 Du Pont Scandinavia AB 144 Jonkopings liins Siakteriforening Ek

Gota Lantman ek for 154 Svenska Hoechst AB 198 For 163 Hallands Lantman 157 Svenska Rayon AB 198 Kristianstad-Blekinge Siakteriforening 167 Karlshamns Oljefabriker (AB) 165 lithells {AB) 168 Kemi-Intressen AB 165 Nedre Norrlands Producentforening 172 Malardalens Lantman Ek. For. 169 Norrlands Siakteriforening 175 Nedre Norrlands Producentforening 172 Samfod (AB) 185 Scan Vaest Ek For 186 Manpower services Scan KlS ek. for 186 SkAnska Lantmannen ek for 191 Skanek ek for 190 Sockerbolaget 193 Sveriges Siakteriforbund (including

Svenska Lantmannens Riksforbund 198 subsidiary companies) 199 Vastsvenska Lantman For UPA 205

SWEDEN

Calor-Celsius AB 141 Citgo AB 143 Mechanical engineering consultants

Machine tools

Meat and meat processing DENMARK

DENMARK Berendsen, Sophus, A/S 6

SCS Holding A/S 39 FINLAND

FINLAND DENMARK Fexima Oy 53

Aspo Group 51 Celebrity Siagterierne 8 Terasbetoni Group 84

Hackman, Oy, Ab 55 CWS Svineslagterier A/S 9 Hankkije 55 Danish Crown Meat Packers 11 SWEDEN

Kontino, Oy, Ab 62 Danpo A/S 12 Calor-Celsius AB 141 Mercantile, OY, AB 65 Danske Andelsslagteriers Sandvik AB 185 Rautakonttori Oy 76 Konservesfabrik Amba 13 SKF (AB) 192 Renlund, Oy, Ab 76 Oat-Schaub AMBA 16 Tallberg, Oy Julius, Ab 83 Emborg Foods Aalborg A/S 19 Valmet Corporation 87 Ess-Food 19 Vallion Hankintakeskus 88 Expo-Fyn, A/S 19

Forenede Sjaellandske Mechanical engineering plant

SWEDEN Andelsslagterier 20

ASEA AB 135 Hoistebro Eksportslagteri A/S 25 JAKA 26

Hansson, Firma Elof, 158 JUTLAND slagterierne 27 Seco Tools AB 187 Normeat A/S 33 DENMARK SKF (AB) 192 f2Jstjyske Siagterier Amba 35 Bruun & Serensen A/S 8

Siagteriregion Nordvest AMBA 40 Dansk Landbrugs Grovvareselskab SUNDBY-WENBO, Siagteriselskabet, amba 12

AmbA 42 DISA 17

Mail order services Tulip Siagterierne amba 43 Kosan A/S 29 Vestjyske Siagterier Amba 44

FINLAND

FINLAND Fexima Oy 53

Finnish Sugar Co. ltd 54 Kontino, Oy, Ab 62

FINLAND Helsingin Kauppiaat Oy 56 Outokumpu Oy 70

Amer-yhtyma Oy 50 Huhtamaki Group (The) 57 Partek, Oy, Ab 71 Stockmann, OY, AB 81· Itikka, Osuuskunta, 59

Perusyhtymii Oy 72 Tukkukauppojen Oy 85 Karjaportti, Osuusteurastamo, 60

Rauma-Repola Oy 76

lihakunta 64 Terasbetoni Group 84

SWEDEN lounais-Suomen Osuusteurastamo 64 Wihuri Oy 90

EliosAB 147 OK-liha, Keskuskunta, 68 Pouttu Oy 74 NORWAY

Saarioinen Oy 77 KVlBrner Industrier A/S 109 Satahameen Osuusteurastamo 78 Saba Melnlycke A/S 120 Savonlinnan Seudun Osuuskunta Ticon Industrier 124

Management services and Tuote 79

consultants Tuottajain linhakeskuskunta 85 SWEDEN Alfa-Laval AB 133

NORWAY Asken, Investment AB, 136

Agro Fellesslakteri 95 Calor-Celsius AB 141

FINLAND Bendernes Salgslag 98 Hagglund & Soner (AB) 157

Frionor Norsk Frossenfisk All 104 KMWAB 165 Enso-Gutzeit Oy 52 Hedmark Og Oppland Siakterier 105

Nestle Norge A/S 111 SWEDEN Nord-Norges Salgslag All 113 Parcon AB 177 Norges Kjett og Fleskesentral 113 Mechanical handling equipment

Norske Eggsentraler 116 Orkla Borregaard A.S (following

merger of Orkla Industrier A.s &

Man-made fibres Borregaard A.S in Oct 1986) Parent Company of Orkla- DENMARK Borregaard Group 118 Berendsen, Sophus,A/S 6

0stfold Siakteri All 118 Kosan A/S 29 Rieber & Sen Konsernet 119 Stabburet A/S 122

DENMARK Vestfold-Buskerud Siakieri All 126 FINLAND

Nordisk Fjerfabrik A/S 33 Vestlandske Salslag 126 Amer-yhtymii Oy 50

230


Hackman, Oy, Ab 55 NORWAY Mercantile, OY, AB 65

Actinor Group Nokia Group 67 95 Metal treatment and related services Partek,Oy. Ab 71 Saba M01nlycke A/S 120 Rauma-Repola Oy 76 Suomen Puhallintehdas Oy 82

SWEDEN Terasbetoni Group 84 Wlhuri Oy 90 Duni BilA-Gruppen 144 FINLAND

Gislaved AB 154 Aspo Group 51 SWEDEN Kemi-Intressen AB 165

Atlas Copeo AB 136 LKB-Produkter AB 168

BT Industries AB 141 Molnlycke AB 171

Electrolux, AB, 146 Mining and quarrying Hansson, Firma Elof, 158 Incentive AB 162 KF 165

Metal castings Sunds Defibrator AB 196 Volvo BM AB 206 DENMARK

Greenex A/S 22 0resund, Kryolitselskabet, A/S 35

DENMARK Medical and surgical equipment FINLAND

V01und (A/S) 45 Lohja Corporation 64 Outokumpu Oy 70

FINLAND Partek, Oy, Ab 71 Rautaruukki Oy 76

DENMARK Asko Oy 50 0resund, Kryolitselskabet, A/S 35 Kymmene-Stromberg Corporation 63 NORWAY Siemens A/S 39 Nokia Group 67 Ardal og Sunndal Verk a.s. 96 Outokumpu Oy 70 Elkem 101 FINLAND Rauma-Repola Oy 76

Norcem, A/S, 112 Aga, Oy, Ab 49 Orkla Borregaard A.S (following Hackman, Oy, Ab 55 NORWAY merger 01 Orkla Industrier A.s &

Instrumentarium Corporation 58 Borregaard A.S in Oct 1986) Tamro Group 83 KV<Brner Industrier A/S 109 Parent Company of Orkla-

Norcem, A/S, 112 Borregaard Group 118

NORWAY Rauloss Ammunisjonslabrikker A/S 119 Sydvaranger A/S 124

Actinor Group 95 SWEDEN Moelven Brug A/S 110 SWEDEN

A-Betong AB 131 BPA Byggproduktion AB 141 Atlas Copco AB 136

SWEDEN Electrolux, AB, 146 Boliden Group (The) 139 Gambro AB 153 Granges AB 155 Granges AB 155 Pharmacia AB 178 Kanthal HOganas AB 164 HOganas AB 159 Sonesson-Koncernen 194 Svenska Unilever 199 Johnson, A, & Co HAB 163

Luossavaara-Kiirunavaara AB 169 Svedala-Arbra AB 196

Medical instruments Metal fabrication

Mining equipment

DENMARK DENMARK

Bruel & Kjaer 8 FINLAND Siemens A/S 39 V01und (A/S) 45

Outokumpu Oy 70 Perusyhtyma Oy 72

FINLAND FINLAND Tampella Ltd 83 Hackman, Oy, Ab 55 Instrumentarium Corporation 58 Fiskars Oy Ab 55 SWEDEN Kone Corporation 62 Nokia Group 67 Laaketukku Oy 63 Oras Oy 68 Alimak AS 133 Philips, Oy, Ab 72 Outokumpu Oy 70 Atlas Copeo AB 136 Valmet Corporation 87 Rautaruukki Oy 76 Atlas Copco MCT AB 137 Valtion Hankintakeskus 88 Flygt AB 151

Hagglund & SOner (AB) 157 NORWAY Luossavaara-Kiirunavaara AB 169

NORWAY Sandvik AB 185 Actinor Group 95 Denola og Lilleborg Fabriker A/S 100 Volvo BM AB 206

Kaldnes Mek. Verksted A/S 107 KV<Brner Industrier A/S 109

SWEDEN Norsk Hydro a,s. 114 Gambro AB 153 Nye Fredriksstad Mek Verksted (A/S) 117 Siemens-Gruppen i Sverige (The) 188 Rauloss Ammunisjonsfabrikker A/S 119 Motor vehicle components

SWEDEN

Medical supplies Alvenius-Koncernen 133 DENMARK Avesta AB 137 BPA Byggproduktion AB 141 Interdan A/S 25 Granges AB 155 Granges Aluminium AB 156 FINLAND

FINLAND Gunnebo AB 156 Aro-Yhtyma Oy 50 Skandinaviska Aluminium Profiler AB 189 KesoilOy 62 Huhtamiiki Group (The) 57 SKF (AB) 192 Partek, Oy, Ab 71 Uiiiketukku Oy 63 Smedjebacken-Boxholm StAI AB 193 Scan-Auto, Oy, Ab 79 Orion-yhtyma Oy 69 Svenska Unilever 199 Suomen General Motors Oy 81 Vallion Hankintakeskus 88 Wirsbo Bruks AB 208 Veho, Oy, Ab 89

231


Volvo-Auto Oy Ab 90 Volvo Truck Corporation 207 Kontino, Oy, Ab 62 VV-Auto Oy 90 Mercantile, OV, AB 65 Wihuri Oy 90 Outokumpu Oy 70

NORWAY Motorcycles and bicycles NORWAY Dahl, F E, & Co A/S 99 Kvmmer Industriar A/S 109 Kongsberg Vaapenfabrikk 108 Norsk Hydro a.s. 114 Mohn, Frank, A/S 110 Norzink AS 117 Meller-Gruppen 110 Ser-Norge Aluminium A/S 122 Raufoss Ammunisjonsfabrikker A/S 119 FINLAND Tinfos Jernverk A/S 124 Steen, Bertel 0, A/S 123 Veho, Oy, Ab 89

SWEDEN SWEDEN NORWAY

Beljar, G & L, AB 138 Catana (AB) 142 0glmnd, Jonas, A/S 117 Boliden Bergsoe AB 139 Electrolux Autoliv AB 147

Boliden Group (The) 139 FFV Group 149 SWEDEN Boliden Metall AB 140 FFV Telub AB 150

Grllnges AB 155 Granges AB 155 Aritmos (AB) 134 Stena Metall AB 195 Granges Aluminium AB 156 Electrolux, AB, 146

Gullfiber AB 156 Monark Group 171 Incentive AB 162 Volvo, AB 205 Volvo Bus Corporation 206

Non-food retailing Volvo Flygmotor AB 206 Natural gas supply

Motor vehicles DENMARK DENMARK Bladkompagniat A/S 7 Kobenhavns Belyningsvaesen 29 Daells Varehus A/S 9

Danimerco (A/S) 10 FINLAND Dansk Interpares A/S 12

DENMARK Danske Traelastkompagni, Det. A/S 15 Neste Oy 67

Faellesforeningen for Danmarks Bohnstadt-Petersen A/S 7 Ford Motor Company A/S 20 Brugsforeninger 20 Intardan AfS 25 SWEDEN Fetex A/S 21 Skandinavisk Motor Compagni A/S 40 Sydkraft AB 201 Hoki A/S 24 Volvo Denmark A/S 45 Irma A/S 25

Wessel, Th, & Vett A/S Magasin du

FINLAND Nord 45

ARE-Yhtymii 50 Non-alcoholic beverages FINLAND Aro-Yhtymii Oy 50

Ford, Oy, Ab 55 Amer-yhtymii Oy 50 Hankkija 55 ARE-Vhtymii 50 Perusyhtymii Oy 72 Elanto, Osuusliike, 51 Rauma-Repola Oy 76 DENMARK E-osuuskunta Eka 52 Saab-Valmet, Oy, Ab 77 Jyske Bryggerier A/S 27 Instrumentarium Corporation 58 Scan-Auto, Oy, Ab 79 Mejeriselskabet Esbjerg A.M.B.A. 31 Pohjanmaa Oy 73 SISU-AUTO AB (OY) 80 United Breweries Ltd 44 Rautakirja Oy 76 Starckjohann-Telko Oy 80

Renlund, Oy, Ab 76 Suomen General Motors Oy 81

Schauman, Oy Wilh, Ab 79 Tukkumannl Oy 85 FINLAND

Stockmann, OY, AB 81 Valtion Hankintakeskus 88 Hartwall, Oy, Ab 56 Suomen Osuuskauppojen Veho, Oy, Ab 89 Huhtamiiki Group (The) 57 Keskuskunta 81 Volvo-Auto Oy Ab 90 Mallasjuoma Oy 65 Talous-Osakekauppa 83 VV-Auto Oy 90 Sinebrychoff, Oy. Ab 79 Tukkukaup~enOy 85

Veho, Oy, Ab 89 NORWAY NORWAY Ympiristo, Osuuskauppa, 92 Dahl. F E, & Co A/S 99 Foranede Margarinfabrikker A/S 103 Ford Motor Norge A/S 103 Freia A/S 104 NORWAY General Motors Norge A/S 104 Nora Industrier A.S. 112

Christiania Glasmagasin A/S 99 Isbergs A/S 107 Vinmonopolet A/S 127 Kaldnes Mek. Verksted A/S 107 Levenskiold-Vmkere A/S 109 Kongsberg Vaapenfabrikk 108 Narvesen A/S 111 Meller-Gruppen 110 SWEDEN Norsk Elektrisk & Brown Boveri (A/S) 114 Steen, Bertel 0, A/S 123 Cloetta (AB) 143 Thon, Olav, Gruppen 124 Volvo Norge A/S 127 Findus AB 150

Persson-Invest (AB) 178 Pripps Bryggerier (AB) 181 SWEDEN

SWEDEN Procordia AB 181 Ahlilns AB 132 Bilia(AB) 139 Skllnemejerier Ek. For 190 Apotaksbolaget AB 134 Catena (AB) 142 Systambolaget AB 201 Arnmos (AB) 134 Electrolux, AB, 146 B & W Stormarknader AB 137 Ford Motor Company AB 151 Esselta AB 148 GOG Biltrafik AB 153 FFV Group 149 General Motors Nordiska AB 153 Hennes & Mauritz AB 158 InvRslmflni AS Kinnevik 162 Non-ferrous metals

Ikea Svenska AD 161 Kalmar Industries All 164 Konsum Viist ek for 166 Philipson Invest AB 179 Konsumentforenlngen Stockholm SAAB-ANA AB 183 M.O.ek far 166 Saab-Scania AB 183 Konsumentfarenlngen Viirmland 166 SAila AB 185 DENMARK

Nordiska Kompaniet (AB) 174 Scania-Bussar AS 187 Bergsee Group 6 PIA Group (The) 180 Svenska Motor AB 198 Greenex A/S 22 Pressbyran, Svenska, (A B) 181 VAG. Sverige AB 205

SabaFaretagen AB 184 Volvo, AB 205

FINLAND SkAnska Lantmiinnens Maskin AB 191 Volvo Bus Corporation 206

49 Solidar, Konsumentforeningen, Ek for 193 Volvo Car Corporation 206 Algol, Oy, Ab

232


FINLAND

Nuclear engineering Oil and gas services and equipment E-osuuskunta Eka 52 Kasvitlljy-Vaxlolje, Oy, Ab 60 Raislon Tehtaal 75

FINLAND DENMARK NORWAY

Imatran Voima Oy 58 Aalborg VlI!rft A/S 3 Aarsll!ther, Brflldr, A/S 95 Kampsax A/S 28 Denofa og Lilleborg Fabriker A/S 100

SWEDEN Kosan A/S 29 Forenede Margarinfabrikker A/S 103 Lauritzen, J, Holdings A/S 30 Hetland, Brflldr, A/S 106

ASEA AB 135 Nordiske Kabel-og Traadfabriker Mfllllesentralen lIS 110

ASEA STAL AB 135 (Akts) 33 Orkla Borregaard A.S (following

Asea-Atom (AB) 136 Sabroe, Thomas Ths, & Co (A/S) 38 merger of Orkla Industrier A.s &

Boliden Group (The) 139 VfIIlund (A/S) 45 Borregaard A.S in Oct 1986)

Siemens-Gruppen i Sverige (The) 188 Parent Company of Orkla-

NORWAY Borregaard Group 118

Actinor Group 95 Aker mek Verksted A/S 95 SWEDEN

Office equipment Bergens Mekaniske Verksteder A/S 97 Framnll!s Mek VlI!rksted A/S 103 Aritmos (AB) 134 Kongsberg Vaapenfabrikk 108 Findus AB 150 Kosmos, Aksjeselskapet, 108 Hansson, Firma Elof, 158 KVlI!rner Industrier A/S 109 ICA-Hakon AB 161

DENMARK Moss Rosenberg VerI! a.s. 110 Karlshamns Oljefabriker (AB) 165 Norcem, A/S, 112 KF 165

Bording, F E, A/S 7 Norpipe A/S 113 Margarinbolaget AB 170

East Asiatic Company Ltd A/S (A/S Norsk Elektrisk & Brown Boveri (A/S) 114

Det 0stasiatiske Kompagni) 18 Norske Fina A/S 116

Siemens A/S 39 Nye Fredriksstad Mek Verksted (A/S) 117

Skandinavisk Holding A/S 39 Orkla Borregaard A.S (following

merger of Orkla Industrier A.s & Optical equipment Borregaard A.S in Oct 1986)

FINLAND Parent Company of Orkla-

Finnish Sugar Co. Ltd 54 Borregaard Group 118

International Business Machines, OY, Trosvik-Gruppen 125

Ab 58 Wilhelmsen, Wilh, Limited A/S 127 FINLAND

Sohlberg. Oy G W, AB Group 80 Instrumentarium Corporation Valtion Hankintakeskus 88 SWEDEN

58

ASEA STAL AB 135

NORWAY Calor-Celsius AB 141 NORWAY Gtltaverken Arendal AB 155

International Business Machines A/S 106 Johnson, A, & Co HAB 163 Actinor Group 95 OK Petroleum AB 175

SWEDEN Sandvik AB 185 Swedyards Corporation 200

SWEDEN

Esselta AB 148 Pharos AB 179 IBM Svenska AB 160 Promotion, Investment AB, 181

Oil refining

Other textiles

Oil and gas exploration and production DENMARK

Dansk Esso A/S 12 Dansk Shell (AS) 13 DENMARK

Kuwait Petroleum (Danmark) A/S 29 Grenaa DampvlI!veri A/S 22 DENMARK

FINLAND Nordlsk Fjerfabrik A/S 33

Dansk OIie og Naturgas A/S 12 Rockwool International AIS 31

Neste Oy 67

FINLAND NORWAY FINLAND

Neste av 67 Mobil 011 A/S Norge 110 Finlayson, Oy, Ab 53 Norsk Hydro a.s. 114 Lassila & Tikanoja Group 64

NORWAY Norske Esso AS 116 Mtllnlycke, av, Ab 66

"'rdal og Sunndal Verk a.s. Norske Shell (A/S) 116

96 Stats Oljeselskap, Den Norske, AIS 122 Elf Aquitaine Norge A/S 101

NORWAY

Esso Exploration & Production SWEDEN Investa Konsemet Norway Inc 102

106

Moss Rosenberg Verft a.s. 110 Johnson, A, & Co HAB 163 Orkla Borregaard A.S (following

Norcem, A/S, 112 Nynas Petroleum (AB) 175 merger of Orkla Industrier A.s &

Norpipe A/S 113 OK Petroleum AB 175 Borregaard A.S in Oct 1986)

Norsk Agip A/S 114 Skandlnaviska Raffinaderi AB 190 Parent Company of Orkla-

Norsk Hydro a.s. 114 Svenska Shell Koncemen 199 Borregaard Group 118

Saba MfIIlnlycke A/S 120 Norske Esso AS 116 Norske Fina A/S 116 Norske Shell (A/S) 116 SWEDEN Saga Petroleum a.s. 120 Oils and fats Selvaagbygg A/S 121

Asken, Investment AB, 136 Stats Oljeselskap, Den Norske, A/S 122

Becker, Wilh, (AB) 137 Total Marine Norsk A/S 125

Hansson, Firma Elof, 158 Wilhelmsen, Wilh, Limited A/S 127

Ikea Svenska AB 161

DENMARK Mtllnlycke AB 171

SWEDEN Aarhus Oliefabrik AIS Promotion, Investment AB 181

Dansk Sojakagefabrlk ApS 3 RockwoolAB ' 183

OK Petroleum AB 175 Ess-Food 13 Stora KopparbergR Bergslags AEl 195 19 Svenska Rayon AB 198

233


Stora Kopparbergs Bergslags AB 195 Svenska Cellulosa AB 197

Packaging Paper and board Swedish Match 200 Tetra Pak International AB 202

DENMARK DENMARK

Danske Sukkerfabrikker AIS (De) 15 Bates Ventil Siikke CO AIS 5 Paper and packaging machinery

Holmegaards Glasvaerker AIS 24 Danske Sukkerfabrikker AIS (De) 15

PLM Haustrup, Group 36 forenede Papirfabrikker AIS (Da) 20 Schur, Brdr, International AIS 38 Olivarius & Christensens Eftf AIS 35

Schur, Brdr, Intarnatlonal AIS 38 DENMARK

FINLAND FINLAND Schur, Brdr, International AIS 38

Ahlstrom, A, Corporation 49 Ahlstrom, A, Corporation 49 Amer-yhtymii Oy 50 Enso-Gutzeit Oy 52 FINLAND

Enso-Gutzett Oy 52 Finnboard (Suomen Kartonklyhdistys) 64 Algol, Oy, Ab 49 Fexima Oy 53 Joutseno-Pulp Co. 59 Wiirtsllii, Oy, Ab 90 Hankkija 55 Kajaani Oy 59 Huhtamiiki Group (The) 57 Kemi Oy 60 SWEDEN Metsiiliito Group (The) 66 Kymmene-Stromberg Corporation 63 Metsiiliiton Teollisuus Oy (Group) 66 Kyro, OV, AB 63

Forenade Well AB 152

Metsii-5erta Group (The) 66 Metsii-Botnia Oy AB 65 Hansson, Firma Elo!, 158

Rosenlew, W., Ltd n Metsiillito Group (The) 66 PLMAB 180

Schauman, Oy Wilh, Ab 79 Metsiiliiton Teollisuus Oy (Group) 66 Sunds Dafibrator AB 196

Sohlberg, Oy G W, AB Group 60 Metsii-Serla Group (The) 66 Svenska Unilever 199

Tampella Ltd 83 Myllykoski Oy 67 Tetra Pak International AB 202

Wihuri Oy 90 Nokia Group 67 VhtyneetPaperitehtaatOy 91 Oulu Oy 70

Rauma-Repola Oy 76

NORWAY Rosenlew, W., Ltd n Petrochemicals

Dyno Industrier A.S 100 Schauman, Oy Wilh, Ab 79 Sunila Oy 81

Elopak AIS 102 Tampella Ltd 83 Tervakoski Oy 84

SWEDEN Vailion Hankintakeskus 88 DENMARK

Akertund & Rausing (AB) 132 Veitsiluoto Oy 89 Kuwait Petroleum (Danmark) AIS 29

Duni Bi18-Gruppen 144 Wihuri Oy 90 Phoenix Contractors (A/S) 36

Esselta AB 148 Vhtyneet Paperitehtaat Oy 91

Fiskeby AB 150 NORWAY

FINLAND

Forenade Wetl AB 152 Aspo Group 51 Gislaved AB 164 Fjeldhammer Brug AIS 103 Esso, Oy, Ab 52 Griinges Aluminium AB 156 Folium Fabrikker AIS 103 Hankkija 55 Hansson, Firma Elo!, 158 Hunsfos Fabrikker 106 Mercantile, OV, AB 65 Hexagon AS 159 Kosmos, Aksjeselskapet, 108 Neste Oy 67 Korsniis-Marma AS 166 Norske Skogindustrier A.S. 117 Shell, Oy, AB 79 MunksjOAB 172 Orkla Borregaard A.S (following Vallion Hankintakeskus 88 Pappersgruppen AB In merger of Orkla Industrier A.s &

PLMAB 180 Borregaard A.S in Oct 1986) Swedish Match 200 Parent Company of Orkla- NORWAY

Borregaard Group 118 Norsk Hydro a.s. 114 Peterson, M, & Son AIS 118 Norske Esso AS 116 Saba M01nlycke AIS 120 Norske Shell (A/S) 116 Saugbrugsforeningen 120

Paints, inks and dyestuffs Tofte Industrier AIS 124 SWEDEN Union AIS (Union Co) 125 Hansson, Firma Elo!, 158

Nyniis Petroleum (AB) 175 SWEDEN Procordia AB 181

DENMARK Akerlund & Rausing (AB) 132 Statoll Petrokemi AB 194 Casco (AB) 142 Svenska Shell Koncernen 199

Dansk Interpares AIS 12 Duni Bila-Gruppen 144 Dyrup, 5, & Co AIS 17 Edet AB 145 Kemisk Vaerk Kege AIS 28 Fiskeby AB 150 Sadolin & Holmblad Ltd 38 Forenade Well AB 152 Pharmaceuticals

Frovi!ors Bruk AB 152 Grafoprint (AB) 155

FINLAND Graningeverkens AB 156 Kemira Oy 60 Hansson, Firma Elof, 158 Mercantile, OV, AB 65 Holmens Bruk AB 159 DENMARK Partek,Oy,Ab 71 Iggesunds Bruk (AB) 161 Renlund, Oy, Ab 76 Klippans Finpappersbruk AB 165 Benzon, Alfred, AIS 6

Starckjohann-Tetko Oy 80 Korsniis-Marma AB 166 Danisco (Aktieselskabet) 10

Tlkkurila 0)' 84 Liebig, Jan, Ltd 168 Dumex AIS (Oumex Ltd) 17

Valtlon Hankintakeskus 88 Mo Och Domsjo AB 170 Grindsted Products AIS 22

MoDo Konsumentprodukter AB 171 Mecobenzon AIS 31

MoDo Papper AB 171 Novo Industri AIS 34

NORWAY MoDoCeli AB 171 Dyno Industrier A.S 100 Munkedals AB 172 FINLAND

Hesselberg, Sigurd, AIS 105 Munksjo AB 172 Algol, Oy, Ab 49 Jotun AIS 107 Norrlands Skogsiigares Cellulosa AB 174 Farmos-Vhtymii Oy 52 Nodest Industrier AIS 112 Nymolla AB 175 Huhtamiiki Group (The) 57

Obbola Linerboard AB 175 Orebro Pappersbruk AB 176

Liiiiketukku Oy 63

SWEDEN Mercantile, OV, AB 65

Pappersgruppen AB In Orion-yhtymii Oy 69 AIIort & Cronholm (AB) 133 Papyrus (AB) In Suomen Petrooli Oy 82 BASF Svenska AB 137 Pegenova AB 177 Tamro Group 83 Becker, Wilh, (AB) 137 Persson-Invest (AB) 178 Casco (AB) 142 Sodra Skogsiigarna (ek fOr and

Nobel Industries Sweden AB 173 subsidiaries) 193 NORWAY

Svenslca Hoechst AB 198 Statens Skogsindustrier (AB) 194 Actinor Group 95

234


Apothekernes Laboratorium AIS 96 Esselte AB 148 Nordiske Kabel-og Traadfabriker Collett-Marwell Hauge Gruppen 99 Gislaved AB 154 (Akts) 33 Hafslund AIS 105 Gustavsberg AB 157 Siemens AIS 39 Norsk Medisinaldepot 115 Hansson, Firma Elof, 158

KF 165 FINLAND SWEDEN Liebig. Jan, Ltd 168

Neste Polyeten AB 173 Hollming Ltd 56 Apoteksbolaget AB 134 Perstorp AB 178 Kymmene-Stromberg Corporation 63 Astra AB 136 Rockwool AB 183 Valmet Corporation 87 Draco (AB) 144 Svenska Hoechst AB 198 Wiirtsilii, Oy, Ab 90 KabiVitrum AB 164 Tarkett Group 201 Kemi-Intressen AB 165 TENO AB 202 NORWAY Leo-Koncernen 168 Tibnor AB 203 Nobel Industries Sweden AB 173 Trelleborg AB 204 Elektro Union AIS 101 Pharmacia AB 178 Wirsbo Bruks AB 208 Hafslund AIS 105 Procordla AB 181 Norsk Elektrisk & Brown Boveri (A/S) 114 Sonesson-Koncernen 194 Siemens AIS 121

SWEDEN Pollution control equipment ASEA AB 135

Photographic and copying ASEA STAL AB 135 equipment and services SAB NIFE AB 184

Siemens-Gruppen i Sverige (The) 188

DENMARK Sonesson-Koncernen 194 Swedyards Corporation 200

Atlas-Danmark Concern 4 DENMARK Bruun & Serensen AIS 8

Danlsco (Aktleselskabet) 10 Bording. F E. AIS 7 Kampsax AIS 28

Siemens AIS 39 Precious metals FINLAND Valtion Hankintakeskus 88 FINLAND

Algol, Oy, Ab 49 SWEDEN Partek, Oy, Ab 71 FINLAND Du Pont Scandinavia AB 144 Suomen Puhallintehdas Oy 82 Kontino, Oy, Ab 62 Esselte AB 148 Outokumpu Oy 70 Linkopia-Expert 168 NORWAY Procordia AB 181

Hetland, Bredr, AIS 106 SWEDEN Mohn, Frank, AIS 110 Boliden Group (The) 139 Securus Industrier A-S 121 Boliden Metall AB 140 Trosvik-Gruppen 125 Boliden Mineral AB 140

Plastics and plastic products SWEDEN

ABV-Armerad Betong Viigforbiittringar AB 131 Printing and binding

DENMARK Alfa-Laval AB 133 ASEA AB 135

Dansk Interpares AIS 12 Boliden Group (The) 139 Nordisk Wavin AIS 33 BPA Byggproduktlon AB 141 SCS Holding AIS 39 Calor-Celsius AB 141 Superfos a/s 42 Cardo (AB) 142 DENMARK Villadsens, a.s. Jens, Fabriker Flygt AB 151 Allers, Carl, Etabllssement AIS 4

(mother company for the Icopal GOtaverken Motor AB 155 Bording, F E, AIS 7 Group) 44 GUlifiber AB 156 Gutenberghus Group 23

Hansson, Firma Elof, 158 Jyllands-Posten AIS 27 FINLAND Pharos AB 179 Politiken, Dagbladet, Aktieselskabet 36 Asko Oy 50 Promotion, Investment AB, 181 Aspo Group 51 Zender & Ingestrom Group 208 FINLAND Finnish Sugar Co. Ltd 54 Amer-yhtymii Oy 50 Hackman, Oy, Ab 55 Mercantile, OV, AB 65 Huhtamiiki Group (The) 57 Otava, Kustannusosakeyhtio, 69 Keppo,Oy,Ab 61 Postal services Sanoma Corporation 78 Liiiiketukku Oy 63 SOderstrom. Werner, Oy 80 Lohja Corporation 64 Vhtyneat Kuvalehdet Oy 91 Mercantile, OV, AB 65 Metsii-Serla Group (The) 66 Neste Oy 67 NORWAY Nokia Group 67 DENMARK

Schibsted Gruppen 121 Sterckjohann-Telko Oy 80 post-og telegrafvassenet, Valtion Hankintakeskus 88 Generaldirektoratet for, 37

SWEDEN WihlJri Oy 90 Wlik & Hiiglund (Group) 91 FINLAND Aritmos (AB) 134 Vhtyneet Paperitehtaat Oy 91

Posts and Telecommunications of Bonniers Tidskriftsforlag AB 140 Esselte AB 148

Finland 74 Sydsvenska Dagbladets AB 201 NORWAY

Dyno Industrier A.S 100 NORWAY Jotun AIS 107

Postverket Meller-Gruppen 110 119 Norsk Hydro a.s. 114 Printing machinery and equipment Raufoss Ammunisjonsfabrikker AIS 119 Rieber & Sen Konsernet 119 Securus Industrier A-S 121 Power equipment Ticon Industrier 124

DENMARK

SWEDEN East ASiatic Company Ltd AIS (A/S BASF Svenska AS 137 Det 0stasiatiske Kompagni) 18 Bayer Sverige AB 137 DENMARK Casco (A B) 142 BBC 5 FINLAND Electrolux. AB. 148 Kosan AIS 29 Mercantile, OV, AB 65

235


SWEDEN Skanska AB 190 Hankkija 55 Kalmar Industries AB 164 Huber. Oy. Ab 56 Solna Gruppen 193 Lohja Corporation 64

Mercantile. OV. AB 65 Neles Oy 67

Public services Oras Oy 68 Aauma-Aepola Oy 76

Process engineering Valmet Corporation 87

DENMARK NORWAY

Kjebenhavns Telefon A/S 28 KVlBrner Industrier A/S 109

DENMARK Kobenhavns Belyningsvaesen 29 Mohn. Frank. A/S 110 Trosvik-Gruppen 125

Atlas-Danmark Conoern 4 Berendsen. Sophus. A/S 6 FINLAND Siemens A/S 39 Helsingin Kaupungin Energialai10s 56

SWEDEN

Posts and Telecommunications of Atlas Copco AB 136

FINLAND Finland 74 Flygt AB 151

Valtion Hankintakeskus 88 Gustavsberg AB 157 Algol. Oy. Ab 49 Hansson. Firma Elof. 158 Fexima Oy 53 Promotion. Investment AB. 181 Hackman. Oy. Ab 55 NORWAY Sonesson-Koncernen 194 Outokumpu Oy 70 Postverket 119 STAL Refrigeration AB 194 Partek.Oy.Ab 71 Svenska Unilever 199 Aaision Tehtaat 75

SWEDEN Swedyards Corporation 200 Rauma-Aepola Oy 76 Tour & Andersson AB 203 Valmet Corporation 87 Stockholm Energi Produktion AB 195 Volvo Flygmotor AB 206 Wihuri Oy 90 Sydkraft AB 201 Zander & Ingestrom Group 208 YIT Ltd General Engineering and

Contracting Company 91

NORWAY Publishing and information services Railway and bus services Actinor Group 95 Hetland. Bredr. A/S 106 KV8nner Industrier A/S 109 Norcem. A/S. 112 Orkla Borregaard AS (following DENMARK DENMARK

merger of Orkla Industrier A.s & Allers. Carl. Etablissement A/S 4 DSB 17 Borragaard A:S 4n Oct 1986) Berlingske. Det. Officin A/S 6 Parant Company of Orkla- Gutenberghus Group 23 'Borregaard Group 118 Jyllands-Posten A/S 27 FINLAND

Politiken. Dagbladet. Aktieselskabet 36 Valtionrautatiet 88

SWEDEN Atlas Copco AB 136 FINLAND NORWAY

Boliden Group (The) 139 Amer-yhtymii Oy 50 Norges Statsbaner 113

Calor-Celsius AS 141 OIava. Kustannusosakeyhtio. 69 Saab-Scania AS 183 Sanoma Corporation 78 SWEDEN Sandvik AB 185 SOderstrom. Werner. Oy 80 ASGAB 136 ST AL Refrigeration AB 194 TS-Vhtymii 85 GOG Biltrafik AB 153 Svedala-Arbra AB 196 Vhtyneet Kuvalehdet Oy 91 Statens Jiirnviigar 194 Svenska Unilever 199 Storstockholms Lokaltrafik 195 Swedyards Corporation 200 NORWAY Zander & Ingestrom Group 208

Aftenposten 95 Narvesen A/S 111 Orkla Borregaard A.S (following Railway vehicles and equipment

merger of Orkla Industrier A.s &

Property and real estate Borregaard A.S in Oct 1986) Parent Company 0/ Orkla-Borregaard Group 118

Schibsted Gruppen 121 DENMARK Berendsen. Sophus. A/S 6

NORWAY SWEDEN Siemens A/S 39 Actinor .Group 95 A-Pressen AB 134 Mcelven Brug A/S 110 Bonnierforetagen AB 140 FINLAND Nora Industrier A.S. 112 Bonniers Tidskriftsforlag AB 140 Valmet Corporation 87 Norcem. A/S. 112 Esselte AB 148 OrklaBorregaard A.S (following Goteborgs-Postens Nya AB 155

merger of Orkla Industrier A.s & PIA Group (The) 180 NORWAY Borregaard A.S in Oct 1986) Procordia AB 181 FramnlBs Mek VlBrksted A/S 103 Parent Compeny of Orkla- Sydsvenska Dagbladets AB 201 Norsk Elektrisk & Brown Boveri (A/S) 114 BorregaardGroup 118 Tidnings AB Marieberg 203

Selvaagbygg A/S 121 SWEDEN Thon.CHav.Gruppen 124

ASEA AB 135 Ticon Industrier 124

Hiigglund & Soner (AB) 157

Pumps. valves and compressors Kalmar Industries AB 164 SWEDEN Procordla AB 181 ABV-Armerad Betong Procordia AB 181

Viigforbiittringar AS 131 Sonesson-Koncernen 194 Anderson. Paul. Industrier AB 134 Surahammars Bruks AB 196

BPA ByggproduktiDn AS 141 DENMARK Custos (AB) 143 Berendsen. Sophus. A/S 6 HSB's Aiksforbund. Ek For 160 Danfoss Concern (The) 10 Industriviirden-Group 162 Grundfos International a/s 22 Ready mixed concrete J M Byggnads och Fastighets AB 163 Kosan A/S 29 Kullenberg. Yngve. B19gneds AB 167 Sabree. Thomas Ths. & Co (A/S) 38 NPl Group 175 Philipson Invest AS 179 Platzer B19g AS 180 FINLAND

Aatos. Forvaltnings. AB 182 Amer-yhtymii Oy 50 FINLAND

Sa/veans AB 185 Hackman. Oy. Ab 55 Lohja Corporation 64

236


Parlek. Oy. Ab 71 Rockwool AB 183 Renlund. Oy. Ab 76 Tour & Andersson AB 203

Ship and boat building and marine NORWAY engineering Norcem. A/S. 112 Norske Skoginduslrier A.S. 117

Scientific instruments Rieber & Sen Konsemet 119

DENMARK SWEDEN

Aalborg Vmrft A/S 3 Anderson. Paul. Industrier AB 134 Berendsen. Sophus. A/S 6 Betongindustrikoncernen 139 DENMARK Dannebrog Vmrft AS 11 Euroc. Industri AB. 149 Frederikshavn Vmrit A/S 21 Sruel & Kjaer 8

Lauritzen. J. Holdings A/S 30 Dahl, Bredrene, A/S 10 Odense Staalskibsvaerft A/S 35 GN Store Nord A/S 22 Sabroe, Thomas Ths, & Co (A/S) 38

Road haulage FINLAND FINLAND

Hollming Ltd 56 HOllming Ltd 56 Instrumentarium Corporation 58 Kone Corporation 62 Kone Corporation 62 Rauma-Repola Oy 76

DENMARK Philips, Oy, Ab 72 Scan-Auto, Oy, Ab 79

DSB 17 Vallion Hankintakesku8 88 Schauman, Oy Wilh, Ab 79 Valmet Corporation 87

FINLAND Wiirtsilii, Oy. Ab 90 FinnoilOy 54 NORWAY

NORWAY Polar-Express AB (Oy) 74 Actinor Group 95 Ankerlekken Gruppen A/S 95 Sergens Mekaniske Verksteder A/S 97 NORWAY

SWEDEN Horten Verft (A/S) 106 Kosmos, Aksjesalskapet, 108 Kaldnes Mek. Verksted A/S 107 Linjegods A/S 109 Atlas Copeo AS 136 Kvmrner Industrier A/S 109 Meller-Gruppen 110 Bergman & Seving AS 138 Moss Rosenberg Verft a.s. 110 FFV Group 149 Nye Fredriksstad Mek Verksted (A/S) 117

SWEDEN LKS-Produkter AS 168 Uistein Group 125 Pharos AS 179 ASGAB 136 Silspedition AB 139 SWEDEN GOG Biltrafik AB 153 Citgo AB 143 Swedcarrier (AB) 200 Johnson, A. & Co HAS 163 Viislsvenska Lantmiin For UPA 205

Security equipment KaMeWa AB 164 Kockums Marine AB 166 Swedyards Corporation 200 Volvo Penta AS 207

Rubber and rubber goods DENMARK

Bruun & Serensen A/S 8 Shipping and port services Ericsson, L M, A/S 19

FINLAND ISS - International Service System

Renlund, Oy, Ab 76 A/S 26 Renlto Oy 77 Siemens A/S 39

DENMARK NORWAY FINLAND Dansk Esso A/S 12 Viking-Askim A,S 127 DFDS A/S 16

Aspo Group 51 DSB 17 Outokumpu Oy 70 East ASiatic Company Ltd A,S (A,S

SWEDEN Philips,Oy,Ab 72 Det 0stasiatiske Kompagni) 18 Sayer Sverige AS 137 Starckjohann-Telko Oy 80 Kosan A/S 29 Gislaved AB 154 Valtion Hankintakeskus 88 Lauritzen, J, Holdings A/S 30 Hansson, Firma Elof, 15B Wiirtsilii, Oy, Ab 90 Hexagon AS 159

FINLAND KF 165 SWEDEN Aspo Group 51 Trelleborg AB 204

Effoa-Finland Steamship Co Ltd 51 Ericsson, Telefonaktiebolaget L M, 14B Neste Oy 67 FFVTelub AS 150 Oulu Oy 70 GKN-Stenman AS 154 Thomesto Oy B4 Pharos AS 179 Safety equipment

Procordia AS lBl Securitasgruppen AS lB7 NORWAY Televerket 202 Bergesen d.y. A,S 97

Hoegh, Leif, & Co A/S 106 DENMARK Investa Konsernet 106

Klaveness, Torvald, Gruppen 108 ISS - International Service System Kosmos. Aksjeselskapet, lOB A/S 26

Security services Kvaerner Industrier A/S 109 Linjegods A/S 109

FINLAND Moss Rosenberg Verit a.s. 110 Kemira Oy 60 Selvaagbygg A/S 121

Star Shipping A/S 122 NORWAY DENMARK Wilhelmsen, Wilh, Limited A/S 127 Actinor Group 95 ISS - International Service System SWEDEN Helly-Hansen A/S 105 A/S 26

AHLMARKS GRUPPEN 132 ASG AB 136 SWEDEN

SWEDEN Boliden Group (The) 139 Becker, Wilh, (AB) 137 Bonnierioretagen AB 140 Electrolux Autoliv AB 147 Procordia AS lBl Consafekoncernen AB 143 Gullfiber AB 156 Procordia AS lBl Nordstjernan AS 174 Pharos AB 179 Securitasgruppen AS 187 Stena Line AB 195

237


Swedcarrier (AB) 200 Freia A/S 104 SWEDEN Swedyards Corporation 200 Kavli, 0, A/S 107 Hansson, Firma Elof, 158 Thun, Erik, AB 202 Nestle Norge A/S 111 Promotion, Investment AB, 181 Transatlantic, Rederi AB, 204 Nora Industrier A.S. 112 Svenska Rayon AB 198 Wallenius Lines 207 Rieber & S0n Konsernet 119

SWEDEN

Findus AB 150 Storage and warehousing Snack products General Foods AB 153

Procordia AB 181

DENMARK DENMARK

Danske K01ehuse ·Cold Stores', Oet, Oanske Spritfabrikker A/S (De) 14 Specialty chemicals

A/S 14 I¥GROS, Oet Oanske OFOS A/S 16

Tobaksaktieselskab, 25 OSB 17 0resund, Kryolitselskabet, A/S 35 0stjyske Siagterier Amba 35

DENMARK FINLAND

Benzon, Alfred, A/S 6 FINLAND Huhtamaki Group (The) 57 Berendsen, Sophus, A/S 6 Polar-Express AB (Oy) 74 Saarioinen Oy 77 Oumex A/S (Oumex Ltd) 17 Tamro Group 83

Grindsted Products A/S 22 Valtion Hankintakeskus 88 NORWAY Kemisk Vaerk K0ge A/S 28 Valtion Viljavarasto 88 Nora Industrier A.S. 112 K0benhavns Pektinfabrik A/S 29 Orkla Borregaard A.S (following Novo Industri A/S 34 SWEDEN

merger of Orkla Industrier A.s & Superfos a/s 42 ASG AB 136 Borregaard A.S in Oct 1986) Bilspedition AB 139 Parent Company of Orkla- FINLAND Frigoscandia AB 152 Borregaard Group 118

Aga, Oy, Ab 49 Hansson, Firma Elof, 158 Algol, Oy, Ab 49 Olson & Wright (AB) 176

SWEDEN Aspo Group 51 Hansson, Firma Elof, 158 E-osuuskunta Eka 52 Marabou (AB) 169 Farmos-Yhtyma Oy 52

Huhtamaki Group (The) 57 Sugar Kemira Oy 60 Keppo, Oy, Ab 61 Kymmene-Stromberg Corporation 63

Soaps, detergents and other Laaketukku Oy 63 cleaning products Metsaliiton Teollisuus Oy (Group) 66 DENMARK

Metsa-Serla Group (The) 66 Oanske Sukkerlabrikker A/S (De) 15

Nokia Group 67 Sukkerlabriken Nyk0bing Limiteret 42

Outokumpu Oy 70 Raision Tehtaat 75

DENMARK Tamro Group 83 FINLAND

Colgate-Palmolive A/S 9 Tikkurila Oy 84 Finnish Sugar Co. Ltd 54 ISS - International Service System

A/S 26 NORWAY SWEDEN

Actinor Group 95 Cardo (AB) 142 FINLAND Bryn-Halden & Nitedals-Gruppen 98 Hilleshiig AB 159 Farmos-Yhtyma Oy 52 M011esentralen I/S 110 Sockerbolaget 193 Hackman, Oy, Ab 55 Nodest Industrier A/S 112 Laaketukku Oy 63 Orkla Borregaard A.S (following Metsa-Serla Group (The) 66 merger of Orkla Industrier A.s & Orion-yhtymii Oy 69 Borregaard A.S in Oct 1986)

Tea Raision Tehtaat 75 Parent Company of Orkla-Renlund, Oy, Ab 76 Borregaard Group 118 Valtion Hankintakeskus 88 Securus Indus trier A-S 121

Tinfos Jernverk A/S 124

NORWAY DENMARK Oenofa og Lilleborg Fabriker A/S 100 SWEDEN Oansk Sojakagefabrik ApS 13 Norsk Olje a.s 115 Boliden Group (The) 139 IMGROS, Oet Oanske Orkla Borregaard A.S (following Casco (AB) 142 Tobaksaktieselskab, 25

merger of Orkla Industrier A.s & Ou Pont Scandinavia AB 144 Olivarius & Christensens Eftf A/S 35 Borregaard A.S in Oct 1986) Eka Nobel AB 145 Parent Company of Orkla- Hansson, Firma Elof, 158

FINLAND Borregaard Group 118 Karlshamns Oljefabriker (AB) 165 Paulig, Oy Gustav, Ab 72 Saba M01nlycke A/S 120 LKB-Produkter AB 168

Nobel Industries Sweden AB 173 SWEDEN Nymolla AB 175 NORWAY

Boliden Group (Tha) 139 Promotion, Investment AB, 181 Nestle Norge A/S 111 Svenska Lantmannens Riksforbund 198

Hansson, Firma Elof, 158 Vargon Alloys AB ~05

Nordlend AB 174 SWEDEN Svenska Cellulosa AB 197 Findus AB 150

Spinning and weaving Soups, sauces and other relishes Telecommunications

DENMARK

FINLAND Grenaa Oampvaaveri A/S 22 DENMARK Huhtamiiki Group (The) 57 BBC 5

FINLAND Berendsen, Sophus, A/S 6 NORWAY Asko Oy 50 East Asiatic Company Ltd A/S (A/S

Forenede Margarinfabrikker A/S 103 Finlayson, Oy, Ab 53 Oet 0stasiatiske Kompagni) 18

238


Ericsson, L M, A/S 19 SWEDEN GN Store Nord A/S 22 Procordia AB 181 Jydsk Telelon AfS 27 Timber industries Svenska Tobaks AB 199 Nordiske Kabel-og Traadlabriker

(Akts) 33 Siemens A/S 39 Standard Electric Kirk AfS 41 Storno A/S 42 DENMARK Toiletries and cosmetics

Dalhoff Larsen & Hornemann A/S 10 FINLAND Dansk Interpares A/S 12 Ericsson, Oy L M, Ab 52 East Asiatic Company Ltd A/S (AfS Nokia Group 67 Det 0stasiatiske Kompagni) 18 Philips, Oy, Ab 72 Novopan Traeindustri A/S 34 DENMARK

Valtion Hankintakeskus 88 Colgate-Palmolive A/S 9 FINLAND Irma A/S 25

NORWAY Enso-Gutzeit Oy 52 Elektrisk Bureau (A/S) 101 Hackman, Oy, Ab 55 FINLAND

Meller-Gruppen 110 Hankkija 55 Farmos-Yhtymii Oy 52 Scanvest Ring A/S 120 Isku-yhtiot 58 Hackman, Oy, Ab 55 Siemens A/S 121 Kajaani Oy 59 Huhtamiiki Group (The) 57 Standard Telelon og Kabe/fabrik A/S 122 KemiOy 60 Liiiiketukku Oy 63

Kymmene-Stromberg Corporation 63 Nokia Group 67

SWEDEN Metsiihallitus 65 Orion-yhtymii Oy 69 Metsiiliito Group (The) 66 Tamro Group 83

Ericsson Radio Systems AB 147 Metsiiliiton Teollisuus Oy (Group) 66 Ericsson, Telelonakliebolaget L M, 148 Oulu Oy 70 FFV Telub AB 150 Paloheimo Oy 71 NORWAY Philips Norden AB 179 Perusyhtymii Oy 72 Collett-Marwell Hauge Gruppen 99 Siemens-Gruppen i Sverige (The) 188 Puukeskus Oy 75 Denola og lilleborg Fabriker A/S 100 Televerkel 202 Rakennusvalmiste Oy 75 Orkla Borregaard A.S (Iollowing TEll Teleindustrier AB 202 Rauma-Repola Oy 76 merger 01 Orkla Indus trier A.s &

Rosenlew, W., Ltd 77 Borregaard A.S in OCI 1986) Saastamoinen Oy 77 Parent Company 01 Orkla-Schauman, Oy Wilh, Ab 79 Borregaard Group 118

Telecommunications services Sotka Oy 80 Saba Melnlycke AfS 120 VAPO Oy 89 Veitsiluoto Oy 89 SWEDEN

BASF Svenska AB 137 NORWAY

DENMARK Levenskiold-Vrekere A/S 109 Jydsk Telelon A/S 27 Moelven Brug A/S 110 Jyllands-Poslen A/S 27 Norske Skogindustrier A.S. 117

Travel and tourism Kjebenhavns Telelon A/S 28 Ticon Industrier 124 post-og lelegralvresenet,

Generaldirekloratet lor, 37 SWEDEN Superlos a/s 42

Custos (AB) 143 Domiinverket 144 DENMARK

FINLAND Graningeverkens AB 156 DSB 17 Posts and Telecommunications 01 Hallanqs Lantmiin 157 Spies Koncernen 41 Finland 74 Hansson, Firma Elol, 158 Sterling Airways A/S 41 Hasse/fors AB 158 Tjrereborg Gruppen A/S 43 HilleshOg AB 159 Iggesunds Bruk (A B) 161 KF 165 FINLAND

Textile finishing Kopparlors AB 166 Elloa-Finland Steamship Co Ltd 51 Korsniis-Marma AB 166 Kaleva Travel Agency Ltd 59 LB-HUS AB 167 Suomen Matkatoimisto Oy 81 liebig, Jan, Ltd 168

DENMARK Miilarskog Ek For 169 NORWAY Mellanskog 170

Grenaa Dampvreveri A/S 22 Mo Och Domsjo AB 170 Bennett Reisebureau A/S 96 Nordisk Fjerlabrik A/S 33 MoDoCell AB 171 Kloster Cruise A/S 108

Norrlands Skogsiigares Cellulosa AB 174 Kosmos, Aksjeselskapet, 108 FINLAND Papyrus (A B) 177 Norges Statsbaner 113 Amer-yhtymii Oy 50 Sl\bi AB 185 Finlayson, Oy, Ab 53 SOdra Skogsiigarna (ek lor and SWEDEN Suomen Trikoo Oy AB 82 subsidiaries) 193 Reso AB 182 Stora Kopparbergs Bergslags AB 195 Scandinavian Airlines System 186 NORWAY

Svenska Cellulosa AB 197 Statens Jiirnviigar 194 Nora Industrier A.S. 112

SWEDEN Tobacco Promotion, Investment AB, 181 Vegetable products Svenska Rayon AB 198

DENMARK DENMARK

Textile machinery IMGROS, Det Danske GASA Odense, A.m.b.a. Tobaksaktieselskab, 25 21

Skandinavisk Holding A/S 39 Olivarius & Christensens Elt! A/S 35 Skandinavisk Tobakskompagni A/S 40 Sukkerfabriken Nykebing limiteret 42

FINLAND FINLAND FINLAND Mercantile, OY, AB 65 Amer-yhtymii Oy 50 Huhtamiiki Group (The) 57

Rettig-Strengberg Oy AB 77 Kasvioljy-Viixtolje, Oy, Ab 60 SWEDEN Lannen Tehtaat Oy 63 SKF (A B) 192 NORWAY Paulig, Oy Gustav, Ab 72 Sunds Delibrator AB 196

Raision Tehtaat 75 Tiedemann-Gruppen 124 Tuoltajain linhakeskuskunla 85

239


NORWAY Gartnerhallen AIL 104 Nestle Norge A/S 111 Nora Industrier A.S. 112 Orlda Borregaard A.S (following

merger of Orkla Industrier A.s & Borregeard A.S in Oct 1986) Parent Company of Orkle-Borregaard Group 118

Stabburet A/S 122 Tiedemann-Gruppen 124

SWEDEN Findus AB Foodia AB Hansson, Firma Elof, ICA-Hakon AB Sempar AB

Watches and clocks

SWEDEN Hansson, Firma Elof,

150 151 158 161 188

158

Water supply and treatment services

DENMARK Grundfos International a/s Kobenhavns Belyningsvaasen

SWEDEN Flygt AB Sydkraft AB

Welding equipment and services

FINLAND Aga,Oy,Ab Renlund, Oy, Ab

NORWAY Hafslund A/S

SWEDEN ESABAB

Wholesalers

DENMARK

BBC Bladkompagniet A/S Bohnstedt-Petersen AIS Colgate-Palmolive A/S Dagros A/S Dahl, BrtKIrene, A/S Danimerco (A/S) Dansk Interpares A/S Dansk Landbrugs Grovvareselskab

amba Dansk Ost Amba Oansk Sojakagefabrik ApS Danske Traelastkornpagni, Det, AIS Faellesforeningen for Danmarks

Brugsforeninger IMGROS, Det Danske

Tobaksaktieselskab, Interdan A/S

22 29

151 201

49 76

105

148

5 7 7 9 9

10 10 12

12 13 13 15

20

25 25

Irma A/S Mecobenzon A/S Olivarius & Christensens Eftf A/S Philips Industri og Handels AIS SCS Holding A/S Skandinavisk Holding A/S Serensen, S C, A/S Superfos a/s

FINLAND Algol, Oy, Ab Amer-yhtyma Oy ARE-Yhtymii Aspo Group Eleclrolux, Oy, Ab E-osuuskunla Eka Esso, Oy, Ab Hankkija Helsingin Keskustukku Oy Helsingin Osuuskauppa Huber, Oy, Ab Huhtamaki Group (The) Instrumentarium Corporation Kaukomarkkinat Oy Kesko Oy Liiaketukku Oy Lassila & Tikanoja Group Lihakunta Metsaliito Group (The) Philips, Oy, Ab Pohjanmaa Oy Rautakirja Oy Renlund, Oy, Ab SISU-AUTO AB (OY) Siockmann, OY, AB Tukku Oy Tukkukauppojen Oy Tukkumanni Oy Turun Osuuskauppa Vallion Hankintakeskus Veho, Oy, Ab Wihuri Oy Ymparislo, Osuuskauppa,

NORWAY

25 31 35 36 39 39 40 42

49 50 50 51 51 52 52 55 56 56 56 57 58 60 61 63 64 64 66 72 73 76 76 80 81 85 85 85 86 88 89 90 92

Dahl, F E, & CO AIS 99 Felleskjepel-Trondeheim 102 Fiskeprodusenlenes Fellesslag AIL 102 Gartnerhallen AIL 104 Johannson, Joh, 107 Kefas A/S 1 08 Levenskiold-VlIlkere A/S 109 Mellesenlralen lIS 110 Narvesen A/S 111 Norsk Elektrisk & Brown Boveri (A/S) 114 Norsk Medisinaidepol 115 Norske Meierier 116 0gllllnd, Jonas, A/S 117 Philips, Norsk, A/S 119 Rogaland Agder, Felleskjepet. 119 Schreiner Fleischer A/S 121 Sialens Kornforrelning 122 Siormellen Salgsaksjeselskap 123 Vestlandske Salslag 126 Volvo Norge A/S 127

SWEDEN AdaAB Apoteksbolaget AB Arosbygdens Lantman Forening UPA Bayer Sverige AB Bergman & Beving AB Bosch, Robert, AB Dagab, Distributions, AB Dickson Forvaltnings AB Du Pont Scandinavia AB Fosselius & Alpen AB Gadelius AB Hallands Lantman Helens Ror AB ICAAB ICA Eol AB ICA Essve AB ICA-Hakon AB Jarnia AB Kemi-Intressen AB KF Lantmannen i Sormland Ek. For Liebig, Jan, Ltd Linkopia-Expert Luna AB

240

131 134 135 137 138 141 144 144 144 152 152 157 158 160 160 161 161 163 165 165 167 168 168 169

Malardalens Lantman Ek. For. Monark Group Olsson, Martin, Livsmedel AS Pappersgruppen AS Pegenova AS PIA Group (The) Riksost Ek. For 5MB-ANA AS SabaFOretagen AS Sabi AS SELGA Skanska Lantmannan ek fOr Skoogs Foretagsgrupp AS Stena MetaH AS Svenska Hoechst AS Sveriges Siakterifarbund (including

subsidiary companies) Swedish Match Tibnor AS VAG. Sverige AS

Woollen goods

NORWAY Norges Kjett og Fleskesentral

SWEDEN Hansson, Firma Elof,

169 171 176 177 177 180 183 183 184 185 187 191 192 195 198

199 200 203 205

113

158

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Major Companies of Scandinavia 1987/88

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