EX-7.2 4 a2107706zex-7_2.htm EXHIBIT 7.2
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Exhibit 7.2

RATIOS OF EARNINGS TO FIXED CHARGES

Calculation of Ratios of Earnings to Fixed Charges
for SEK excluding the S-system
on the Basis of Swedish Accounting Principles

 
   Year Ended December 31,
 
   2001
   2000
   1999
   1998
   1997
Fixed Charges:                    
  Interest expenses   6,081.0   6,451.8   5,174.5   5,305.5   4,906.9

Earnings:
 
 
 
 
 
 
 
 
 
 
  Net profit   540.7   601.8   600.4   667.9   709.6
  Taxes   188.3   228.1   226.4   253.6   217.9
  Fixed charges   6,081.0   6,451.6   5,174.5   5,305.5   4,906.9
   
 
 
 
 
    6,810.0   7,281.5   6,001.3   6,227.0   5,834.4
   
 
 
 
 

Ratio of earnings to fixed charges
 
1.12
 
1.13
 
1.16
 
1.17
 
1.19
   
 
 
 
 


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