Anoto Group AB reported consolidated and parent earnings results for the fourth quarter and full year ended December 2011. For the fourth quarter, on consolidated basis, the company reported net sales of SEK 57,100,000 compared to SEK 56,735,000 a year ago. Operating profit was SEK 224,000 compared to operating loss of SEK 13,946,000 a year ago. Loss before taxes was SEK 382,000 compared to SEK 13,943,000 a year ago. Total loss attributable to shareholders of the company was SEK 361,000 compared to SEK 14,361,000 a year ago. Cash outflow from operating activities was SEK 5,669,000 compared to cash flow from operating activities of SEK 14,497,000 a year ago. Cash outflow per share before and after dilution was SEK 0.05 compared to cash flow per share before and after dilution of SEK 0.13 a year ago. EBITDA was SEK 5 million compared to LBITDA of SEK 4 million a year ago. For the full year, on consolidated basis, the company reported net sales of SEK 192,286,000 compared to SEK 208,395,000 a year ago. Operating loss was SEK 242,980,000 compared to operating loss of SEK 74,475,000 a year ago. Loss before taxes was SEK 243,849,000 compared to SEK 77,272,000 a year ago. Total loss attributable to shareholders of the company was SEK 246,274,000 compared to SEK 75,527,000 a year ago. Loss per share before and after dilution was SEK 1.89 compared to SEK 0.60 a year ago. Cash outflow from operating activities was SEK 49,977,000 compared to cash flow from operating activities of SEK 15,308,000 a year ago. Cash outflow per share before and after dilution was SEK 0.44. Earnings before depreciations and amortizations was SEK 4 million compared to loss before depreciations and amortizations of SEK 28 million a year ago. For the fourth quarter, the parent company reported net sales of SEK 3,423,000 compared to SEK 1,756,000 a year ago. Operating profit was SEK 349,000 million compared to SEK 161,000 a year ago. Loss was SEK 10,151,000 compared to SEK 45,838,000 a year ago. For the full year, the parent company reported net sales of SEK 9,128,000 compared to SEK 4,509,000 a year ago. Operating profit was SEK 864,000 million compared to SEK 407,000 a year ago. Loss was SEK 239,702,000 compared to SEK 45,590,000 a year ago. The company expects improved cash flow as a consequence of previous cost reductions and improved sales. The company expects sales to increase in 2012.