First quarter        
SEK M 2012 2011 Change, % Change, %* 12 months
  rolling values
Jan–Dec 2011
Trucks 48,911 45,128 8 6 202,703 198,920
Construction Equipment 17,999 15,422 17 11 66,077 63,500
Buses 5,224 4,742 10 7 22,305 21,823
Volvo Penta 1,933 2,066 (6) (8) 8,325 8,458
Volvo Aero 1,682 1,598 5 1 6,440 6,356
Other and eliminations 1,284 1,001 4,815 4,532
Industrial operations 77,034 69,956 10 7 310,667 303,589
             
Customer Finance 2,367 2,099 13 11 9,150 8,882
Reclassifications and eliminations (563) (478) (2,189) (2,104)
Volvo Group 78,838 71,577 10 7 317,628 310,367
             
* Adjusted for exchange rate fluctuations and acquired and divested units.