Discontinued operations

Former segment region Eurasia, is classified as discontinued operations since December 31, 2015. Consequently, information on region Eurasia is presented on an aggregated level. For additional information on discontinued operations, see Note C34 to the consolidated financial statements.

Net sales decreased 17.5 percent in reported currency to SEK 11,268 million (13,653), adjusted EBITDA decreased to SEK 4,246 million (5,880), and the adjusted EBITDA margin, declined to 37.7 percent (43.1) all mainly due to the disposal of Ncell in Nepal during 2016, the disposal of Tcell in Tajikistan during 2017 and devaluation in Uzbekistan in 2017. Net income was SEK 1,729 million (-9,937). Besides from the above, 2017 was positively affected by the settlement with the authorities regarding the Uzbekistan investigations whilst 2016 was negatively impacted by the original provision. See Note C34 for further information.

Discontinued operations
SEK in millions except margins, operational data and changes

Jan–Dec 
2017

Jan–Dec 
2016

Chg

(% )

Net sales (external)

11,268

13,653

-17.5

Adjusted EBITDA

4,246

5,880

-27.8

Margin (%)

37.7

43.1

 

Net income

1,729

-9,937

 

CAPEX

1,787

5,813

-69.3

CAPEX excluding license and spectrum fees

1,782

2,432

-26.7