SAS Interim report January-March 2000

Highlights of the Interim Report as per March 31, 2000

•The SAS Group’s income before taxes was MSEK –297 (–11).

•Income excluding capital gainswas MSEK –310 (–398).

•Passenger traffic (RPK) increased 5.9%. Traffic in Business Class increased 5%.

• Increased fuel costs had a negative impact of MSEK 368 on income compared with the previous year.

•Earnings per share amounted to SEK –1.16 (–0.02) for SAS Danmark A/S, SEK –1.40 (0.22) for SAS Norge ASA and SEK –1.55 (– 0.10) for SAS Sverige AB.

• SAS’s parent companies report the following income after taxes:

SAS Danmark A/S MDKK –48 (–1)
SAS Norge ASA MNOK –63 (10)
SAS Sverige AB MSEK –109 (–7)