Financial data

Consolidated income statement
 
2014 Q1 2014 Q2 2014 Q3 2014 Q4 2015 Q1
SEKm unless otherwise indicated
Net Sales
9,685 11,045 6,785 5,323 10,928
Cost of goods sold
(7,128) (7,620) (4,819) (3,921) (7,952)
Gross income
2,557 3,425 1,966 1,402 2,976
Selling expense
(1,324) (1,714) (1,306) (1,282) (1,467)
Administrative expense 1)
(325) (351) (328) (388) (397)
Other operating income/expense
0 13 0 3 0
Impairment of goodwill
- - - (767) -
Operating income*
908 1,373 332 (1,032) 1,112
 
Financial items, net
(96) (110) (70) (49) (55)
 
Income after financial items
812 1,263 262 (1,081) 1,057
 
Income tax
(192) (296) (63) 119 (269)
 
Income for the period
620 967 199 (962) 788
Attributable to:
Equity holders of the Parent Company
619 966 199 (961) 786
Non-controlling interests in income for the period
1 4 0 (1) 2
 
*) Of which depreciation, amortization and impairment
(231) (238) (238) (1,027) (261)
 
Diluted earnings per share, SEK
1.08 1.68 0.35 (1.68) 1.37
Diluted weigthed average number of shares, million, n/a
572.9 572.8 573.0 573.5 573.8
 
Consolidated comprehensive income statement
 
2014 Q1 2014 Q2 2014 Q3 2014 Q4 2015 Q1
Income for the period
620 967 199 (962) 788
 
Items that will not be reclassified to the income statement:
Remeasurements on defined benefit pension liabilities, net of tax
(79) (22) (140) (136) (65)
 
Items that may be subsequently reclassified to the income statement:
Currency translation differences
54 557 379 772 571
Hedging of net equities in foreign subsidiaries, net of tax
- (45) (198) (478) (462)
Available for sale instrument
- - - - -
Cash flow hedges, net of tax
11 (23) 71 73 4
 
65 489 252 367 113
Other comprehensive income, net of tax
(14) 467 112 231 48
Total comprehensive income for the period
606 1434 311 (731) 836
 
Attributable to:
Equity holders of the Parent Company
605 1429 311 (731) 834
Non-controlling interest
1 5 0 0 2
 
YTD
2014 Q1 2014 Q2 2014 Q3 2014 Q4 2015 Q1
Net Sales
9,685 20,730 27,515 32,838 10,928
Cost of goods sold
(7,128) (14,748) (19,567) (23,488) (7,952)
Gross operating income
2,557 5,982 7,948 9,350 2,976
Selling expense
(1,324) (3,038) (4,344) (5,626) (1,467)
Administrative expense 1)
(325) (676) (1,004) (1,392) (397)
Other operating income/expense
0 13 13 16 0
Impairment of goodwill
-     (767) -
Operating income*
908 2,281 2,613 1,581 1,112
 
Financial items, net
(96) (206) (276) (325) (55)
 
Income after financial items
812 2,075 2,337 1,256 1,057
 
Taxes
(192) (488) (551) (432) (269)
 
Income for the period
620 1,587 1,786 824 788
Attributable to:
Equity holders of the Parent Company
619 1,582 1,781 820 786
Non-controlling interests in income for the period
1 5 5 4 2
 
*) Of which depreciation, amortization and impairment
(231) (469) (707) (1,734) (261)
 
Diluted earnings per share, SEK
1.08 2.76 3.11 1.43 1.37
Diluted weigthed average number of shares, million, n/a
572.9 572.8 572.9 573.1 573.8
 
Consolidated comprehensive income statement
 
2014 Q1 2014 Q2 2014 Q3 2014 Q4 2015 Q1
 
Income for the period
620 1,587 1,786 824 788
 
Items that will not be reclassified to the income statement:
Remeasurements on defined pension liabilities
(79) (101) (241) (377) (65)
 
- - - - -
Items that may be subsequently reclassified to the income statement:
Currency translation differences
54 611 990 1,762 571
Available-for-sale instrument
- - - - -
Net investment hedge, net of tax
- (45) (243) (721) (462)
Cash flow hedges, net of tax
11 (12) 59 132 4
 
65 554 806   113
Other comprehensive income, net of tax
(14) 453 565 1,173 48
Total comprehensive income for the period
606 2,040 2,351 1,620 836
 
Attributable to:
Equity holders of the Parent company
605 2,034 2,345 1,614 834
Non-controlling interest
1 6 6 6 2
1) The pro forma financial statement for the full year 2005 include Group common administrative costs in the amount of SEK -200m. This amount includes the costs of employees and functions that have been transferred from Electrolux to Husqvarna plus costs that Husqvarna will incur as a separate listed company. Group common costs for the first quarter of 2005 were initially estimated at SEK -40m, SEK - 50m for the second quarter of 2005, SEK -51m for the third quarter of 2005 and SEK -59 for the fourth quarter. In order to facilitate year-on-year comparisons, these pro forma costs for the first, second, third and fourth quarter of 2005 have instead been assumed to equal the outcome for the first, second, third and fourth quarter of 2006, i.e. SEK -29m, SEK -35m and SEK -40m, SEK -40. Group common costs for 2005 have been adjusted accordingly quarter by quarter.