Segment overview

Net sales by business area
  Fourth quarter
SEK M 2012 2011
Trucks 47,732 56,739
Construction Equipment 12,572 16,354
Buses 5,626 6,571
Volvo Penta 1,754 1,839
Volvo Aero 1,834
Other and eliminations 2,232 1,451
Industrial operations 69,916 84,788
     
Customer Finance 2,507 2,321
Reclassifications and eliminations (630) (602)
Volvo Group 71,793 86,507
     

Operating income by business area
  Fourth quarter
SEK M 2012 2011
Trucks 880 4,866
Construction Equipment 363 1,674
Buses (129) 308
Volvo Penta 14 102
Volvo Aero 155
Group functions and other (396) (417)
Industrial operations 731 6,688
     
Customer Finance 390 267
Volvo Group 1,121 6,955

Operating margin by business area
  Fourth quarter
% 2012 2011
Trucks 1.8 8.6
Construction Equipment 2.9 10.2
Buses (2.3) 4.7
Volvo Penta 0.8 5.5
Volvo Aero 8.5
Industrial operations 1.0 7.9
Volvo Group 1.6 8.0