Key ratios January-March 2011 • Revenue: MSEK 9,217 (9,495) • Income before nonrecurring items in continuing operations: MSEK -505 (-844) • EBT margin before nonrecurring items in continuing operations: -5.5% (-8.9%) • Cash flow from operating activities: MSEK -567 (30) • Income before tax: MSEK -554 (-972) • Net income for the period: MSEK -373 (-712) • Earnings per share: SEK -1.13 (-3.64) http://feed.ne.cision.com/client/waymaker1/WOLReleaseFile.aspx?id=1874093&fn=wkr0005.pdf CEO Comments... "Stable financial position It is also satisfying to be able to state that our financial position is stable. This is exemplified by the new bond loan that was issued in March 2011. At the end of March, our financial preparedness was SEK 11.9 billion, which is satisfactory and provides us, for example, with the scope to implement fleet renewal, which we have now begun. SAS has a remaining exposure in Spanair. In the event of Spanair going bankrupt, SAS’s total exposure is SEK 1.8 billion, but with a limited negative liquidity effect of MSEK 200-300. If such an event were to occur, this means that we would still meet our financial preparedness target with a good margin." Nu är SAS nere på en halvmiljard i förlust per kvartal mot tidigare en miljard... bra el an*s ?