Trelleborg is preparing for the joint venture in antivibration solutions for light and heavy vehicles. For this reason, the previously reported quarterly data for the Trelleborg Automotive business area, which will be included in the joint venture, has been separated from the other business areas in Trelleborg's financial reporting.
The previously divested operations, the Protective Products operation, the French Light-Vehicle Component operation and the Gas Spring operation for passenger cars have in addition to this been transferred to “Discontinuing operations”.
The data on key indicators can be found in the enclosed file.
As from the quarterly report for the period July-September 2012, Trelleborg’s participation in the joint venture is recognized using the equity method. The Group’s share of profits in the company is recognized in the income statement under the item “Share of profit or loss in associated companies before tax” and included in operating profit and on the line “Tax on share of profit or loss in associated companies”, which is recognized as a tax expense.