Financial data

Consolidated income statement
 
2016 Q1 2016 Q2 2016 Q3 2016 Q4 2017 Q1
SEKm unless otherwise indicated
Net sales
11,361 11,504 7,349 5,768 12,746
Cost of goods sold
(8,199) (7,567) (5,058) (4,062) (8,950)
Gross income
3,162 3,937 2,291 1,706 3,796
Selling expense
(1,546) (1,803) (1,438) (1,381) (1,884)
Administrative expense 1)
(451) (404) (415) (437) (489)
Other operating income/expense
1 (1) (7) 4 2
Impairment of goodwill
- - - - -
Operating income*
1,166 1,729 431 (108) 1,425
 
Financial items, net
(142) (72) (124) (84) (138)
 
Income after financial items
1,024 1,657 307 (192) 1,287
 
Income tax
(263) (398) (102) 71 (299)
 
Income for the period
761 1,259 205 (121) 988
Attributable to:
Equity holders of the Parent Company
759 1,255 206 (120) 985
Non-controlling interests
2 4 (1) (1) 3
 
*) Of which depreciation, amortization and impairment
(280) (275) (305) (304) (327)
 
Diluted earnings per share, SEK
1.32 2.19 0.36 (0.21) 1.72
Diluted weigthed average number of shares, million, n/a
574.3 573.4 574.0 574.1 574.2
 
Consolidated comprehensive income statement
 
2016 Q1 2016 Q2 2016 Q3 2016 Q4 2017 Q1
Income for the period
761 1259 205 (121) 988
 
Other comprehensive income
Items that will not be reclassified to the income statement:
Remeasurements on defined benefit pension plans, net of tax
(110) (258) (56) 175 0
Total items that will not be reclassified to the income statement, net of tax
      175  
 
Items that may be reclassified to the income statement:
Currency translation differences
(110) 522 399 247 (62)
Net investment hedge, net of tax
140 (291) (166) (288) 109
Available for sale instrument
- - - - -
Cash flow hedges, net of tax
(86) (30) (13) 96 (10)
Total items that may be reclassified to the income statement, net of tax
(56) 201 220 55 37
Other comprehensive income, net of tax
(166) (57) 164 230 37
 
Total comprehensive income for the period
595 1202 369 109 1025
 
Attributable to:
Equity holders of the Parent Company
593 1196 370 109 1022
Non-controlling interest
2 6 (1) 0 3
 
YTD
2016 Q1 2016 Q2 2016 Q3 2016 Q4 2017 Q1
Net sales
11,361 22,865 30,214 35,982 12,746
Cost of goods sold
(8,199) (15,766) (20,824) (24,886) (8,950)
Gross operating income
3,162 7,099 9,390 11,096 3,796
Selling expense
(1,546) (3,349) (4,787) (6,168) (1,884)
Administrative expense 1)
(451) (855) (1,270) (1,707) (489)
Other operating income/expense
1 0 (7) (3) 2
Impairment of goodwill
-     - -
Operating income*
1,166 2,895 3,326 3,218 1,425
 
Financial items, net
(142) (214) (338) (422) (138)
 
Income after financial items
1,024 2,681 2,988 2,796 1,287
 
Income tax
(263) (661) (763) (692) (299)
 
Income for the period
761 2,020 2,225 2,104 988
Attributable to:
Equity holders of the Parent Company
759 2,014 2,220 2,100 985
Non-controlling interests
2 6 5 4 3
 
*) Of which depreciation, amortization and impairment
(280) (555) (860) (1,164) (327)
 
Diluted earnings per share, SEK
1.32 3.51 3.87 3.66 1.72
Diluted weigthed average number of shares, million, n/a
574.3 573.8 573.9 574.1 574.2
 
Consolidated comprehensive income statement
 
2016 Q1 2016 Q2 2016 Q3 2016 Q4 2017 Q1
 
Income for the period
761 2,020 2,225 2,104 988
 
Other comprehensive income
Items that will not be reclassified to the income statement:
Remeasurements on defined pension plans, net of tax
(110) (368) (424) (249) 0
 
Items that may be reclassified to the income statement:
Currency translation differences
(110) 412 811 1,058 (62)
Available-for-sale instrument
-   - - -
Net investment hedge, net of tax
140 (151) (317) (605) 109
Cash flow hedges, net of tax
(86) (116) (129) (33) (10)
Total items that may be reclassified to the income statement, net of tax
(56) (223) (59) 420 37
Other comprehensive income, net of tax
(166)     171 37
 
Total comprehensive income for the period
595 1,797 2,166 2,275 1,025
 
Attributable to:
Equity holders of the Parent Company
593 1,789 2,159 2,268 1,022
Non-controlling interest
2 8 7 7 3
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.