SAS Year end report January-December 1998

Main points in the Final Accounts as per December 31, 1998:

• SAS Group’s income before taxes amounted to MSEK 2,829 (2,231).

• SAS Group’s operating revenue revenue increased by 5.2% to MSEK 40,946.

• Cash flow from operations was MSEK 3,807 (3,954).

• Capital gains from sale of aircraft and buildings amounted to MSEK 1,014 (83).

• Earnings per share for SAS Danmark A/S was SEK 13.78 (9.57), for SAS Norge ASA SEK 12.13 (10.11), and for SAS Sverige AB SEK 12.77 (10.13).

• Income after tax reported in SAS’s parent companies amounted to:

SAS Danmark A/S MDKK 545 (389)
SAS Norge ASA MNOK 541 (440)
SAS Sverige AB MSEK 900 (714)