Consolidated statements of comprehensive income

2018

Consolidated statements of
comprehensive income

SEK in millions, except per share data	Note	Jan–Dec 2016	Jan–Dec 2015
Continuing operations
Net sales	C1, C5, C6	84,178	86,498
Cost of sales	C7	-50,691	-52,710
Gross profit	C1	33,487	33,788
Selling and marketing expenses	C1, C7	-13,507	-14,269
Administrative expenses	C7	-5,620	-5,826
Research and development expenses	C7	-173	-147
Other operating income	C8	5,490	1,124
Other operating expenses	C8	-1,397	-3,457
Income from associated companies and joint ventures	C14	2,810	3,394
Operating income	C5	21,090	14,606
Finance income	C9	803	609
Finance costs	C9	-2,644	-3,526
Income after financial items		19,249	11,689
Income taxes	C10	-2,816	-2,157
Net income from continuing operations		16,433	9,532
Discontinued operations
Net income from discontinued operations¹	C34	-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	C11	1,303	-6,868
Foreign currency translation differences from discontinued operations	C11, C34	868	-5,478
Income from associated companies	C11, C14	-340	-2
Cash flow hedges	C11	-128	614
Available-for-sale financial instruments	C11	134	-2
Income taxes relating to items that may be reclassified	C10, C11	668	-667
Items that will not be reclassified to net income:
Remeasurements of defined benefit pension plans	C21	-1,297	4,322
Income tax relating to items that will not be reclassified	C10	276	-922
Associates' remeasurements of defined benefit pension plans	C14	-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	C19	2,764	1,654
Total comprehensive income attributable to:
Owners of the parent		4,833	987
Non-controlling interests	C19	3,125	221

Earnings per share (SEK), basic and diluted, total	C19	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.