**Exhibit 7.1**

 

Exhibit 7.1: Statement Re: Computation of Ratio ofEarnings to Fixed Charges

 

(amounts in SEK millions except ratio)

 
|                               |   | **Year ended  December 31,  1999** |   | **Period  ended  August 23,  2000** |   | **Period  ended  December 31,  2000** |   | **Year ended  December 31,  2001** |   | **Year ended  December 31,  2002** |   | **Year ended  December 31,  2003** |   |
|------------------------------------|--------|-----------------------------------------|--------|------------------------------------------|--------|--------------------------------------------|--------|-----------------------------------------|--------|-----------------------------------------|--------|-----------------------------------------|--------|
|                               |   | **Predecessor**                         |   | **Successor**                            |   |
| **Swedish GAAP:**                  |   |                                    |   |                                     |   |                                       |   |                                    |   |                                    |   |                                    |   |
| Earnings:                          |   |                                    |   |                                     |   |                                       |   |                                    |   |                                    |   |                                    |   |
| Pre-tax income                     |   | 89                                      |   | 470                                      |   | (327                                       | )      | 341                                     |   | 426                                     |   | 775                                     |   |
| Plus:                              |   |                                    |   |                                     |   |                                       |   |                                    |   |                                    |   |                                    |   |
| Fixed charges:                     |   |                                    |   |                                     |   |                                       |   |                                    |   |                                    |   |                                    |   |
| Interest expense                   |   | 264                                     |   | 162                                      |   | 298                                        |   | 833                                     |   | 647                                     |   | 406                                     |   |
| Interest portion of rental expense |   | 52                                      |   | 53                                       |   | 26                                         |   | 86                                      |   | 78                                      |   | 69                                      |   |
| Earnings including fixed charges   |   | 405                                     |   | 685                                      |   | (3                                         | )      | 1,260                                   |   | 1,151                                   |   | 1,250                                   |   |
|                               |   |                                    |   |                                     |   |                                       |   |                                    |   |                                    |   |                                    |   |
| Fixed charges:                     |   |                                    |   |                                     |   |                                       |   |                                    |   |                                    |   |                                    |   |
| Interest expense                   |   | 264                                     |   | 162                                      |   | 298                                        |   | 833                                     |   | 647                                     |   | 406                                     |   |
| Interest portion of rental expense |   | 52                                      |   | 53                                       |   | 26                                         |   | 86                                      |   | 78                                      |   | 69                                      |   |
| Total fixed charges                |   | 316                                     |   | 215                                      |   | 324                                        |   | 919                                     |   | 725                                     |   | 475                                     |   |
|                               |   |                                    |   |                                     |   |                                       |   |                                    |   |                                    |   |                                    |   |
| Ratio of earnings to fixed charges |   | 1.3                                     |   | 3.2                                      |   | (0.0                                       | )      | 1.4                                     |   | 1.6                                     |   | 2.6                                     |   |
|                               |   |                                    |   |                                     |   |                                       |   |                                    |   |                                    |   |                                    |   |
| **US GAAP:**                       |   |                                    |   |                                     |   |                                       |   |                                    |   |                                    |   |                                    |   |
| Earnings:                          |   |                                    |   |                                     |   |                                       |   |                                    |   |                                    |   |                                    |   |
| Pre-tax income                     |   | 613                                     |   | 639                                      |   | (292                                       | )      | 262                                     |   | 881                                     |   | 1,218                                   |   |
| Plus:                              |   |                                    |   |                                     |   |                                       |   |                                    |   |                                    |   |                                    |   |
| Fixed charges:                     |   |                                    |   |                                     |   |                                       |   |                                    |   |                                    |   |                                    |   |
| Interest expense                   |   | 264                                     |   | 162                                      |   | 298                                        |   | 833                                     |   | 647                                     |   | 406                                     |   |
| Interest portion of rental expense |   | 52                                      |   | 53                                       |   | 26                                         |   | 86                                      |   | 78                                      |   | 69                                      |   |
| Earnings including fixed charges   |   | 929                                     |   | 854                                      |   | 32                                         |   | 1,181                                   |   | 1,606                                   |   | 1,693                                   |   |
|                               |   |                                    |   |                                     |   |                                       |   |                                    |   |                                    |   |                                    |   |
| Fixed charges:                     |   |                                    |   |                                     |   |                                       |   |                                    |   |                                    |   |                                    |   |
| Interest expense                   |   | 264                                     |   | 162                                      |   | 298                                        |   | 833                                     |   | 647                                     |   | 406                                     |   |
| Interest portion of rental expense |   | 52                                      |   | 53                                       |   | 26                                         |   | 86                                      |   | 78                                      |   | 69                                      |   |
| Total fixed charges                |   | 316                                     |   | 215                                      |   | 324                                        |   | 919                                     |   | 725                                     |   | 475                                     |   |
|                               |   |                                    |   |                                     |   |                                       |   |                                    |   |                                    |   |                                    |   |
| Ratio of earnings to fixed charges |   | 2.9                                     |   | 4.0                                      |   | 0.1                                        |   | 1.3                                     |   | 2.2                                     |   | 3.6                                     |   |

 

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