Addnode Group Annual Report 2015 | Page 2

ADDNODE GROUP ADDNODE GROUP IN BRIEF Addnode Group acquires, operates and develops entrepreneur-driven companies that supply software and services to markets in which we have or can achieve a leading position. We are Europe’s leading supplier of software and services for design, construction and product data information, and a leading supplier of document and case management systems to public sector clients in Sweden and Norway. In 2015 we had 19 per cent growth and net sales of SEK 1,901 m. BRIEF FACTS TWO CORE BUSINESSES IT solutions for design, construction and product data information. IT solutions for document and case management. ENTREPRENEURSHIP ACQUISITIONS We are characterised by entrepreneurship with short decision-making channels in which business-critical decisions are made as close to customers and end-users as possible. We have carried out more than 40 acquisitions since 2003 and are constantly searching for companies that can strengthen or complement either of our two core businesses. Nº 1 Europe’s leading supplier of design, construction and product data systems. 600,000 engineers and administrators rely on our software and services. RECURRING REVENUE 49 per cent of our revenue is of a recurring nature from support and maintenance contracts, and SaaS solutions. 49% recurring revenue in 2015. Contents ADDNODE GROUP 2 Addnode in brief 3 2015 in figures 4 Message from the CEO 6 Overview 8 Business concept and targets 10 Risks 12 Acquisitions ANNUAL REPORT 2015 14 Markets Consolidated financial statements 42 Financial statements for the Parent Company 46 Supplementary disclosures and notes 72 Interview with the Chairman of the Board 38 16 Business areas CSR Share data 30 Five-year summary 32 Interview with the CFO 33 Report of the Board of Directors 24 26 Corporate Governance Report 82 Auditors’ Report 83 Definitions 84 Glossary of industrial terms 85 Addresses 86 Shareholder information 73 Addnode Group Annual Report 2015 The annual report can be downloaded from www.addnodegroup.com Production Addnode Group and Appelberg Publishing Group Photo Tobias Ohls Illustrations Valero Doval Printing Trydells This publication is a translation of Addnode Group’s Swedish annual report for the fiscal year 2015. 2 01-32+88_Addnode_2015_EN.indd 2 2016-05-12 08:51:52