Financial data

Consolidated income statement
 
2015 Q4 2016 Q1 2016 Q2 2016 Q3 2016 Q4
SEKm unless otherwise indicated
Net sales
5,672 11,361 11,504 7,349 5,768
Cost of goods sold
(4,366) (8,199) (7,567) (5,058) (4,062)
Gross income
1,306 3,162 3,937 2,291 1,706
Selling expense
(1,315) (1,546) (1,803) (1,438) (1,381)
Administrative expense 1)
(361) (451) (404) (415) (437)
Other operating income/expense
5 1 (1) (7) 4
Impairment of goodwill
- - - - -
Operating income*
(365) 1,166 1,729 431 (108)
 
Financial items, net
(67) (142) (72) (124) (84)
 
Income after financial items
(432) 1,024 1,657 307 (192)
 
Income tax
193 (263) (398) (102) 71
 
Income for the period
(239) 761 1,259 205 (121)
Attributable to:
Equity holders of the Parent Company
(238) 759 1,255 206 (120)
Non-controlling interests
(1) 2 4 (1) (1)
 
*) Of which depreciation, amortization and impairment
(330) (280) (275) (305) (304)
 
Diluted earnings per share, SEK
(0.42) 1.32 2.19 0.36 (0.21)
Diluted weigthed average number of shares, million, n/a
574.3 574.3 573.4 574.0 574.1
 
Consolidated comprehensive income statement
 
2015 Q4 2016 Q1 2016 Q2 2016 Q3 2016 Q4
Income for the period
(239) 761 1259 205 (121)
 
Other comprehensive income
Items that will not be reclassified to the income statement:
Remeasurements on defined benefit pension plans, net of tax
218 (110) (258) (56) 175
Total items that will not be reclassified to the income statement, net of tax
218       175
 
Items that may be reclassified to the income statement:
Currency translation differences
(284) (110) 522 399 247
Net investment hedge, net of tax
92 140 (291) (166) (288)
Available for sale instrument
- - - - -
Cash flow hedges, net of tax
42 (86) (30) (13) 96
Total items that may be reclassified to the income statement, net of tax
(150) (56) 201 220 55
Other comprehensive income, net of tax
68 (166) (57) 164 230
 
Total comprehensive income for the period
(171) 595 1202 369 109
 
Attributable to:
Equity holders of the Parent Company
(169) 593 1196 370 109
Non-controlling interest
(2) 2 6 (1) 0
 
YTD
2015 Q4 2016 Q1 2016 Q2 2016 Q3 2016 Q4
Net sales
36,170 11,361 22,865 30,214 35,982
Cost of goods sold
(25,996) (8,199) (15,766) (20,824) (24,886)
Gross operating income
10,174 3,162 7,099 9,390 11,096
Selling expense
(5,833) (1,546) (3,349) (4,787) (6,168)
Administrative expense 1)
(1,532) (451) (855) (1,270) (1,707)
Other operating income/expense
18 1 0 (7) (3)
Impairment of goodwill
- -     -
Operating income*
2,827 1,166 2,895 3,326 3,218
 
Financial items, net
(344) (142) (214) (338) (422)
 
Income after financial items
2,483 1,024 2,681 2,988 2,796
 
Income tax
(595) (263) (661) (763) (692)
 
Income for the period
1,888 761 2,020 2,225 2,104
Attributable to:
Equity holders of the Parent Company
1,883 759 2,014 2,220 2,100
Non-controlling interests
5 2 6 5 4
 
*) Of which depreciation, amortization and impairment
(1,153) (280) (555) (860) (1,164)
 
Diluted earnings per share, SEK
3.28 1.32 3.51 3.87 3.66
Diluted weigthed average number of shares, million, n/a
574.2 574.3 573.8 573.9 574.1
 
Consolidated comprehensive income statement
 
2015 Q4 2016 Q1 2016 Q2 2016 Q3 2016 Q4
 
Income for the period
1,888 761 2,020 2,225 2,104
 
Other comprehensive income
Items that will not be reclassified to the income statement:
Remeasurements on defined pension plans, net of tax
295 (110) (368) (424) (249)
 
  -   -  
Items that may be reclassified to the income statement:
Currency translation differences
12 (110) 412 811 1,058
Available-for-sale instrument
- -   - -
Net investment hedge, net of tax
(250) 140 (151) (317) (605)
Cash flow hedges, net of tax
(60) (86) (116) (129) (33)
Total items that may be reclassified to the income statement, net of tax
(298) (166) (223) (59) 420
Other comprehensive income, net of tax
(3)       171
 
Total comprehensive income for the period
1,885 595 1,797 2,166 2,275
 
Attributable to:
Equity holders of the Parent Company
1,882 593 1,789 2,159 2,268
Non-controlling interest
3 2 8 7 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.