Autoliv was founded in 1953 and is headquartered in Norrmalm, SE

Chairman, President & CEO

Autoliv has an office in Norrmalm

Norrmalm, SE (HQ)

70 Klarabergsviadukten

Autoliv's revenue was reported to be $2.6 b in Q1, 2017

USD

## Revenue (Q1, 2017) | 2.6 b |

## Gross profit (Q1, 2017) | 4.7 b |

## Gross profit margin (Q1, 2017), % | 179% |

## Net income (Q1, 2017) | 142.1 m |

## EBIT (Q1, 2017) | 217.6 m |

## Market capitalization (21-Jul-2017) | 9.4 b |

## Closing share price (21-Jul-2017) | 115.9 |

## Cash (31-Mar-2017) | 1.2 b |

Autoliv's current market capitalization is $9.4 b.

- Source: Company Filings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Revenue | 8.8 b | 9.2 b | 9.2 b | 10.1 b |

## Revenue growth, % | 5% | (1%) | 10% | |

## Cost of goods sold | 7.1 b | 7.4 b | 7.3 b | 8 b |

## Gross profit | 1.7 b | 1.8 b | 1.8 b | 2.1 b |

## Gross profit Margin, % | 19% | 20% | 20% | 20% |

## Sales and marketing expense | 389.9 m | 414.9 m | 411.5 m | 476.1 m |

## R&D expense | 489.3 m | 535.6 m | 523.8 m | 651 m |

## General and administrative expense | (476.1 m) | |||

## Operating expense total | 922.8 m | 1.1 b | 1.1 b | 1.2 b |

## Depreciation and amortization | 286 m | 305.4 m | 319.1 m | 383 m |

## EBIT | 761.4 m | 722.6 m | 727.8 m | 847.7 m |

## EBIT margin, % | 9% | 8% | 8% | 8% |

## Interest expense | 32.9 m | 63.4 m | 65.1 m | 62.4 m |

## Interest income | 3.9 m | 4.8 m | 2.7 m | 4.5 m |

## Pre tax profit | 734 m | 667 m | 675.7 m | 803.8 m |

## Income tax expense | 244.1 m | 198 m | 218.2 m | 242.2 m |

## Net Income | 489.9 m | 469 m | 457.5 m | 561.6 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 2.4 b | 2.2 b | 2.2 b | 2.3 b | 2.2 b | 2.4 b | 2.6 b | 2.5 b | 2.6 b |

## Cost of goods sold | (1.9 b) | (1.8 b) | (1.8 b) | (1.8 b) | (1.7 b) | (1.9 b) | (2.1 b) | (2 b) | (2.1 b) |

## Gross profit | 4.3 b | 4 b | 3.9 b | 4.1 b | 3.9 b | 4.4 b | 4.6 b | 4.4 b | 4.7 b |

## Gross profit Margin, % | 181% | 181% | 181% | 180% | 180% | 179% | 180% | 180% | 179% |

## General and administrative expense | (100.6 m) | (101.2 m) | (101.3 m) | (113.1 m) | (120.3 m) | (116.5 m) | (120.3 m) | ||

## Operating expense total | (100.6 m) | (101.2 m) | (101.3 m) | (113.1 m) | (120.3 m) | (116.5 m) | (120.3 m) | ||

## EBIT | 139.4 m | 174.8 m | 80 m | 208.7 m | 157.8 m | 205.2 m | 212.7 m | 191.1 m | 217.6 m |

## EBIT margin, % | 6% | 8% | 4% | 9% | 7% | 8% | 8% | 8% | 8% |

## Interest expense | (17.8 m) | (19.4 m) | (17.1 m) | (16.9 m) | (15.6 m) | (15.5 m) | (15.6 m) | (15.6 m) | (16.2 m) |

## Interest income | 1.3 m | 1.6 m | 400 k | 600 k | 800 k | 1.2 m | 900 k | 1 m | 2 m |

## Pre tax profit | 122.9 m | 156.5 m | 64.5 m | 194.5 m | 151.8 m | 190.3 m | 200.4 m | 185.1 m | 194.4 m |

## Income tax expense | (39.7 m) | (49.8 m) | (28.8 m) | (57.7 m) | (52.7 m) | (56.8 m) | (52 m) | (49.6 m) | (52.3 m) |

## Net Income | 83.2 m | 106.7 m | 35.7 m | 136.8 m | 99.1 m | 133.5 m | 148.4 m | 135.5 m | 142.1 m |

- Source: Company Filings

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Cash | 1.1 b | 1.5 b | 1.3 b | 1.2 b |

## Inventories | 773.4 m | |||

## Current Assets | 3.7 b | 4.1 b | 4 b | 4.1 b |

## PP&E | 1.3 b | 1.4 b | 1.4 b | 1.7 b |

## Goodwill | 1.6 b | 1.6 b | 1.7 b | 1.9 b |

## Total Assets | 7 b | 7.4 b | 7.5 b | 8.2 b |

## Accounts Payable | 1.2 b | 1.1 b | 1.2 b | 1.2 b |

## Total Debt | 279.1 m | 1.5 b | 1.5 b | 1.3 b |

## Current Liabilities | 2.4 b | 2.1 b | 2.2 b | 2.6 b |

## Non-Current Liabilities | 554.1 m | 1.9 b | 1.8 b | 1.7 b |

## Total Liabilities | 3 b | 4 b | 4.1 b | 4.3 b |

## Common Stock | 102.8 m | 102.8 m | 102.8 m | 102.8 m |

## Additional Paid-in Capital | 1.3 b | 1.3 b | 1.3 b | 1.3 b |

## Retained Earnings | 3 b | 3.2 b | 3.5 b | 3.9 b |

## Total Equity | 4 b | 3.4 b | 3.5 b | 3.9 b |

## Debt to Equity Ratio | 0.1 x | 0.4 x | 0.4 x | 0.3 x |

## Debt to Assets Ratio | 0 x | 0.2 x | 0.2 x | 0.2 x |

## Financial Leverage | 1.7 x | 2.2 x | 2.2 x | 2.1 x |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 2.1 b | 1.8 b | 1.4 b | 1.3 b | 1.2 b | 1.2 b | 1.1 b | 1.2 b | 1.2 b |

## Inventories | 683.2 m | 686.5 m | 652.7 m | 684.1 m | 692.8 m | 766.7 m | 750.4 m | 799.2 m | 758.6 m |

## Current Assets | 4.9 b | 4.5 b | 4 b | 4 b | 3.8 b | 4.1 b | 4.1 b | 4.1 b | 4.3 b |

## PP&E | 1.4 b | 1.4 b | 1.4 b | 1.6 b | 1.6 b | 1.7 b | 1.7 b | ||

## Goodwill | 1.6 b | 1.6 b | 1.6 b | 1.6 b | 1.7 b | 1.8 b | 1.9 b | 1.9 b | 1.9 b |

## Total Assets | 8.2 b | 7.8 b | 7.3 b | 7.4 b | 7.3 b | 8.1 b | 8.2 b | 8.3 b | 8.5 b |

## Accounts Payable | 1.2 b | 1.1 b | 1.1 b | 1.1 b | 1 b | 1.2 b | 1.3 b | 1.2 b | 1.2 b |

## Current Liabilities | 2.4 b | 2.3 b | 2.3 b | 2.2 b | 2.1 b | 2.4 b | 2.5 b | 2.4 b | 2.7 b |

## Non-Current Liabilities | 1.8 b | 1.8 b | 1.8 b | 1.8 b | 1.9 b | 1.9 b | 1.8 b | 1.8 b | 1.7 b |

## Common Stock | 102.8 m | 102.8 m | 102.8 m | 102.8 m | 102.8 m | 102.8 m | 102.8 m | 102.8 m | 102.8 m |

## Additional Paid-in Capital | 1.3 b | 1.3 b | 1.3 b | 1.3 b | 1.3 b | 1.3 b | 1.3 b | 1.3 b | 1.3 b |

## Retained Earnings | 3.1 b | 3.1 b | 3.2 b | 3.3 b | 3.4 b | 3.6 b | 3.7 b | 3.8 b | 4 b |

## Total Equity | 3.9 b | 3.7 b | 3.2 b | 3.3 b | 3.3 b | 3.9 b | 4 b | 4 b | 4.1 b |

## Financial Leverage | 2.1 x | 2.1 x | 2.3 x | 2.2 x | 2.2 x | 2.1 x | 2.1 x | 2.1 x | 2.1 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | 489.9 m | 469 m | 457.5 m | 561.6 m |

## Depreciation and Amortization | (43.7 m) | |||

## Accounts Payable | 299.7 m | 106.9 m | 230.4 m | 271.2 m |

## Cash From Operating Activities | 837.9 m | 712.7 m | 750.5 m | 868.4 m |

## Purchases of PP&E | (385.6 m) | (456 m) | (465.8 m) | (506.8 m) |

## Cash From Investing Activities | (377.4 m) | (453 m) | (591.1 m) | (726 m) |

## Dividends Paid | (191 m) | (194.9 m) | (195.7 m) | (202.8 m) |

## Cash From Financing Activities | (318.3 m) | 226.3 m | (318.9 m) | (200.2 m) |

## Income Taxes Paid | 28.2 m | 3.3 m | 9.2 m | 15.9 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 83.2 m | 106.7 m | 35.7 m | 136.8 m | 99.1 m | 133.5 m | 148.4 m | 135.5 m | 142.1 m |

## Depreciation and Amortization | (4.2 m) | (4.1 m) | (3.7 m) | (3.3 m) | (4.2 m) | (7.9 m) | (11.9 m) | (12.2 m) | (21.8 m) |

## Accounts Payable | 1.1 b | 1 b | 1.2 b | 1.3 b | 1.2 b | 1.2 b |

USD | Y, 2017 |
---|---|

## Revenue/Employee | 38.4 k |

## Financial Leverage | 2.1 x |

Source: 169 public H-1B filings from Autoliv