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INTENTIA: ANNOUNCEMENT OF 2003 ACCOUNTS.

AsiaPulse News

| February 02, 2004 | COPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

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STOCKHOLM, Sweden, Jan. 30 /PRNewswire-AsiaNet/ -- In a difficult market, license orders received increased while cash flow after investments improved to SEK 41 million during the fourth quarter

- Net revenue totaled SEK 796 million (997) in October-December and SEK 2,928 million (3,649) in January-December.

- Earnings after tax amounted to SEK -159 million (-6) in October-December and SEK -411 million (-144) in January-December. SEK 148 million in write-downs was charged to October-December earnings and SEK 234 million to January-December earnings. Adjusted for write-downs, earnings after tax were SEK -11 million in October-December and SEK -177 million in January-December.

- Earnings per share were SEK -1.4 (-0.2) in October-December and SEK -6.0 (-3.9) in January-December.

- Including the write-down of goodwill in the amount of SEK 19 million, operating earnings totaled SEK -28 million (-3) in October-December and SEK -238 million (-107) in January-December.

- Net revenue decreased by SEK 721 million for the year, while operating earnings adjusted for write-downs and severance-related expenses decreased from 2002 by SEK 34 million to SEK -141 million.

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