Financial data

Consolidated income statement
 
2015 Q2 2015 Q3 2015 Q4 2016 Q1 2016 Q2
SEKm unless otherwise indicated
Net sales
12,263 7,307 5,672 11,361 11,504
Cost of goods sold
(8,446) (5,232) (4,366) (8,199) (7,567)
Gross income
3,817 2,075 1,306 3,162 3,937
Selling expense
(1,718) (1,333) (1,315) (1,546) (1,803)
Administrative expense 1)
(424) (350) (361) (451) (404)
Other operating income/expense
0 13 5 1 (1)
Impairment of goodwill
- - - - -
Operating income*
1,675 405 (365) 1,166 1,729
 
Financial items, net
(139) (83) (67) (142) (72)
 
Income after financial items
1,536 322 (432) 1,024 1,657
 
Income tax
(393) (126) 193 (263) (398)
 
Income for the period
1,143 196 (239) 761 1,259
Attributable to:
Equity holders of the Parent Company
1,138 197 (238) 759 1,255
Non-controlling interests
5 (1) (1) 2 4
 
*) Of which depreciation, amortization and impairment
(277) (285) (330) (280) (275)
 
Diluted earnings per share, SEK
1.98 0.34 (0.42) 1.32 2.19
Diluted weigthed average number of shares, million, n/a
574.1 574.3 574.3 574.3 573.4
 
Consolidated comprehensive income statement
 
2015 Q2 2015 Q3 2015 Q4 2016 Q1 2016 Q2
Income for the period
1143 196 (239) 761 1259
 
Items that will not be reclassified to the income statement:
Remeasurements on defined benefit pension plans, net of tax
111 31 218 (110) (258)
 
Items that may be reclassified to the income statement:
Currency translation differences
(502) 227 (284) (110) 522
Net investment hedge, net of tax
296 (176) 92 140 (291)
Available for sale instrument
- - - - -
Cash flow hedges, net of tax
(87) (19) 42 (86) (30)
 
(293) 32 (150) (56) 201
Other comprehensive income, net of tax
(182) 63 68 (166) (57)
Total comprehensive income for the period
961 259 (171) 595 1202
 
Attributable to:
Equity holders of the Parent Company
956 261 (169) 593 1196
Non-controlling interest
5 (2) (2) 2 6
 
YTD
2015 Q2 2015 Q3 2015 Q4 2016 Q1 2016 Q2
Net sales
23,191 30,498 36,170 11,361 22,865
Cost of goods sold
(16,398) (21,630) (25,996) (8,199) (15,766)
Gross operating income
6,793 8,868 10,174 3,162 7,099
Selling expense
(3,185) (4,518) (5,833) (1,546) (3,349)
Administrative expense 1)
(821) (1,171) (1,532) (451) (855)
Other operating income/expense
0 13 18 1 0
Impairment of goodwill
    - -  
Operating income*
2,787 3,192 2,827 1,166 2,895
 
Financial items, net
(194) (277) (344) (142) (214)
 
Income after financial items
2,593 2,915 2,483 1,024 2,681
 
Income tax
(662) (788) (595) (263) (661)
 
Income for the period
1,931 2,127 1,888 761 2,020
Attributable to:
Equity holders of the Parent Company
1,924 2,121 1,883 759 2,014
Non-controlling interests
7 6 5 2 6
 
*) Of which depreciation, amortization and impairment
(538) (823) (1,153) (280) (555)
 
Diluted earnings per share, SEK
3.35 3.69 3.28 1.32 3.51
Diluted weigthed average number of shares, million, n/a
574.0 574.1 574.2 574.3 573.8
 
Consolidated comprehensive income statement
 
2015 Q2 2015 Q3 2015 Q4 2016 Q1 2016 Q2
 
Income for the period
1,931 2,127 1,888 761 2,020
 
Items that will not be reclassified to the income statement:
Remeasurements on defined pension plans, net of tax
46 77 295 (110) (368)
 
  - - -  
Items that may be reclassified to the income statement:
Currency translation differences
69 296 12 (110) 412
Available-for-sale instrument
  - - -  
Net investment hedge, net of tax
(166) (342) (250) 140 (151)
Cash flow hedges, net of tax
(83) (102) (60) (86) (116)
 
(180) (148)   (56) 145
Other comprehensive income, net of tax
(134) (71) (298) (166) (223)
Total comprehensive income for the period
1,797 2,056 1,885 595 1,797
 
Attributable to:
Equity holders of the Parent Company
1,790 2,051 1,882 593 1,789
Non-controlling interest
7 5 3 2 8
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.