Financial data

Consolidated income statement
 
2014 Q2 2014 Q3 2014 Q4 2015 Q1 2015 Q2
SEKm unless otherwise indicated
Net sales
11,045 6,785 5,323 10,928 12,263
Cost of goods sold
(7,620) (4,819) (3,921) (7,952) (8,446)
Gross income
3,425 1,966 1,402 2,976 3,817
Selling expense
(1,714) (1,306) (1,282) (1,467) (1,718)
Administrative expense 1)
(351) (328) (388) (397) (424)
Other operating income/expense
13 0 3 0 0
Impairment of goodwill
- - (767) - -
Operating income*
1,373 332 (1,032) 1,112 1,675
 
Financial items, net
(110) (70) (49) (55) (139)
 
Income after financial items
1,263 262 (1,081) 1,057 1,536
 
Income tax
(296) (63) 119 (269) (393)
 
Income for the period
967 199 (962) 788 1,143
Attributable to:
Equity holders of the Parent Company
963 199 (961) 786 1,138
Non-controlling interests
4 0 (1) 2 5
 
*) Of which depreciation, amortization and impairment
(238) (238) (1,027) (261) (277)
 
Diluted earnings per share, SEK
1.68 0.35 (1.68) 1.37 1.98
Diluted weigthed average number of shares, million, n/a
572.8 573.0 573.5 573.8 574.1
 
Consolidated comprehensive income statement
 
2014 Q2 2014 Q3 2014 Q4 2015 Q1 2015 Q2
Income for the period
967 199 (962) 788 1143
 
Items that will not be reclassified to the income statement:
Remeasurements on defined benefit pension liabilities, net of tax
(22) (140) (136) (65) 111
 
Items that may be reclassified to the income statement:
Currency translation differences
557 379 772 571 (502)
Net investment hedge, net of tax
(45) (198) (478) (462) 296
Available for sale instrument
- - - - -
Cash flow hedges, net of tax
(23) 71 73 4 (87)
 
489 252 367 113 (293)
Other comprehensive income, net of tax
467 112 231 48 (182)
Total comprehensive income for the period
1434 311 (731) 836 961
 
Attributable to:
Equity holders of the Parent Company
1429 311 (731) 834 956
Non-controlling interest
5 0 0 2 5
 
YTD
2014 Q2 2014 Q3 2014 Q4 2015 Q1 2015 Q2
Net sales
20,730 27,515 32,838 10,928 23,191
Cost of goods sold
(14,748) (19,567) (23,488) (7,952) (16,398)
Gross operating income
5,982 7,948 9,350 2,976 6,793
Selling expense
(3,038) (4,344) (5,626) (1,467) (3,185)
Administrative expense 1)
(676) (1,004) (1,392) (397) (821)
Other operating income/expense
13 13 16 0 0
Impairment of goodwill
    (767) -  
Operating income*
2,281 2,613 1,581 1,112 2,787
 
Financial items, net
(206) (276) (325) (55) (194)
 
Income after financial items
2,075 2,337 1,256 1,057 2,593
 
Taxes
(488) (551) (432) (269) (662)
 
Income for the period
1,587 1,786 824 788 1,931
Attributable to:
Equity holders of the Parent Company
1,582 1,781 820 786 1,924
Non-controlling interests
5 5 4 2 7
 
*) Of which depreciation, amortization and impairment
(469) (707) (1,734) (261) (538)
 
Diluted earnings per share, SEK
2.76 3.11 1.43 1.37 3.35
Diluted weigthed average number of shares, million, n/a
572.8 572.9 573.1 573.8 574.0
 
Consolidated comprehensive income statement
 
2014 Q2 2014 Q3 2014 Q4 2015 Q1 2015 Q2
 
Income for the period
1,587 1,786 824 788 1,931
 
Items that will not be reclassified to the income statement:
Remeasurements on defined pension liabilities
(101) (241) (377) (65) 46
 
  - - -  
Items that may be reclassified to the income statement:
Currency translation differences
611 990 1,762 571 69
Available-for-sale instrument
- - - -  
Net investment hedge, net of tax
(45) (243) (721) (462) (166)
Cash flow hedges, net of tax
(12) 59 132 4 (83)
 
554 806   113 (180)
Other comprehensive income, net of tax
453 565 1,173 48 (134)
Total comprehensive income for the period
2,040 2,351 1,620 836 1,797
 
Attributable to:
Equity holders of the Parent Company
2,034 2,345 1,614 834 1,790
Non-controlling interest
6 6 6 2 7
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.