Consolidated statements of
comprehensive income
SEK in millions, except per share data |
Note |
Jan–Dec 2016 |
Jan–Dec 2015 |
|
Continuing operations |
||||
Net sales |
84,178 |
86,498 |
||
Cost of sales |
-50,691 |
-52,710 |
||
Gross profit |
33,487 |
33,788 |
||
Selling and marketing expenses |
-13,507 |
-14,269 |
||
Administrative expenses |
-5,620 |
-5,826 |
||
Research and development expenses |
-173 |
-147 |
||
Other operating income |
5,490 |
1,124 |
||
Other operating expenses |
-1,397 |
-3,457 |
||
Income from associated companies and joint ventures |
2,810 |
3,394 |
||
Operating income |
21,090 |
14,606 |
||
Finance income |
803 |
609 |
||
Finance costs |
-2,644 |
-3,526 |
||
Income after financial items |
19,249 |
11,689 |
||
Income taxes |
-2,816 |
-2,157 |
||
Net income from continuing operations |
16,433 |
9,532 |
||
Discontinued operations |
||||
Net income from discontinued operations1 |
-9,937 |
673 |
||
Total net income |
6,496 |
10,205 |
||
Items that may be reclassified to net income: |
||||
Foreign currency translation differences from continuing operations |
1,303 |
-6,868 |
||
Foreign currency translation differences from discontinued operations |
868 |
-5,478 |
||
Income from associated companies |
-340 |
-2 |
||
Cash flow hedges |
-128 |
614 |
||
Available-for-sale financial instruments |
134 |
-2 |
||
Income taxes relating to items that may be reclassified |
668 |
-667 |
||
Items that will not be reclassified to net income: |
||||
Remeasurements of defined benefit pension plans |
-1,297 |
4,322 |
||
Income tax relating to items that will not be reclassified |
276 |
-922 |
||
Associates' remeasurements of defined benefit pension plans |
-20 |
6 |
||
Other comprehensive income |
1,463 |
-8,997 |
||
Total comprehensive income |
7,959 |
1,208 |
||
Net income attributable to: |
||||
Owners of the parent |
3,732 |
8,551 |
||
Non-controlling interests |
2,764 |
1,654 |
||
Total comprehensive income attributable to: |
||||
Owners of the parent |
4,833 |
987 |
||
Non-controlling interests |
3,125 |
221 |
||
Earnings per share (SEK), basic and diluted, total |
0.86 |
1.97 |
||
Earnings per share (SEK), basic and diluted, continuing operations |
3.76 |
2.16 |
||
Earnings per share (SEK), basic and diluted, discontinued operations |
-2.90 |
-0.19 |
1) Includes expenses for the provision for the settlement amount proposed by the US and Dutch authorities, see Note C34.