Financial data

Consolidated income statement
 
2013 Q4 2014 Q1 2014 Q2 2014 Q3 2014 Q4
SEKm unless otherwise indicated
Net Sales
4707 9685 11045 6785 5323
Cost of goods sold
(3525) (7133) (7609) (4850) (3886)
Gross income
1182 2552 3436 1935 1437
Selling expense
(1150) (1324) (1714) (1306) (1282)
Administrative expense 1)
(341) (325) (351) (328) (388)
Other operating income/expense
1 0 0 0 3
Impairment of goodwill
-       (767)
Operating income*
(308) 903 1384 301 (997)
 
Financial items, net
(125) (96) (110) (70) (49)
 
Income after financial items
(433) 807 1274 231 (1046)
 
Income tax
129 (191) (299) (55) 110
 
Income for the period
(304) 616 975 176 (936)
Attributable to:
Equity holders of the Parent Company
(302) 615 971 176 (935)
Non-controlling interests in income for the period
(2) 1 4 0 (1)
 
*) Of which depreciation, amortization and impairment
(240) (231) (238) (238) (1027)
 
Diluted earnings per share, SEK
(0.53) 1.07 1.70 0.31 (1.63)
Diluted weigthed average number of shares, million
572.8 572.9 572.8 573.0 573.5
 
Consolidated comprehensive income statement
 
2013 Q4 2014 Q1 2014 Q2 2014 Q3 2014 Q4
Income for the period
(304) 616 975 176 (936)
 
Items that will not be reclassified to the income statement:
Remeasurements on defined benefit pension liabilities
12 (79) (22) (140) (136)
 
  - - (140)  
Items that may be subsequently reclassified to the income statement:
Currency translation differences
310 54 557 379 772
Hedging of net equities in foreign subsidiaries
-   (45) (198) (478)
Available for sale instrument
      -  
Cash flow hedges
(12) 11 (23) 71 73
 
  65 489 252  
Other comprehensive income, net of tax
310 (14) 467 112 231
Total comprehensive income for the period
6 602 1442 288 (705)
 
Attributable to:
Equity holders of the Parent company
9 601 1437 288 (705)
Non-controlling interest
(3) 1 5 0 0
 
YTD
2013 Q4 2014 Q1 2014 Q2 2014 Q3 2014 Q4
 
Net Sales
30307 9685 20730 27515 32838
Cost of goods sold
(22288) (7133) (14742) (19592) (23478)
Gross operating income
8019 2552 5988 7923 9360
Selling expense
(5148) (1324) (3038) (4344) (5626)
Administrative expense 1)
(1260) (325) (676) (1004) (1392)
Other operating income/expense
(3) 0 13 13 16
Impairment of goodwill
-       (767)
Operating income*
1608 903 2287 2588 1591
 
Financial items, net
(428) (96) (206) (276) (325)
 
Income after financial items
1180 807 2081 2312 1266
 
Taxes
(264) (191) (490) (545) (435)
 
Income for the period
916 616 1591 1767 831
Attributable to:
Equity holders of the Parent Company
914 615 1586 1762 827
Non-controlling interests in income for the period
2 1 5 5 4
 
*) Of which depreciation, amortization and impairment
(978) (231) (469) (707) (1734)
 
Diluted earnings per share, SEK
1.60 1.07 2.77 3.08 1.44
Diluted weigthed average number of shares, million
572.8 572.9 572.8 572.9 573.1
 
Consolidated comprehensive income statement
 
Income for the period
916 616 1591 1767 831
 
Items that will not be reclassified to the income statement:
Remeasurements on defined pension liabilities
148 (79) (101) (241) (377)
 
  - - (241)  
Items that may be subsequently reclassified to the income statement:
Currency translation differences
163 54 611 990 1762
Available-for-sale instrument
- - - - -
Hedging of net equities in foreign subsidiaries
    (45) (243) (721)
Cash flow hedges
4 11 (12) 59 132
 
  65 554 806  
Other comprehensive income, net of tax
315 (14) 453 565 1173
Total comprehensive income for the period
1231 602 2044 2332 1627
 
Attributable to:
Equity holders of the Parent company
1231 601 2038 2326 1621
Non-controlling interest
0 1 6 6 6
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.