Financial data

Consolidated income statement
 
2014 Q4 2015 Q1 2015 Q2 2015 Q3 2015 Q4
SEKm unless otherwise indicated
Net sales
5,323 10,928 12,263 7,307 5,672
Cost of goods sold
(3,921) (7,952) (8,446) (5,232) (4,366)
Gross income
1,402 2,976 3,817 2,075 1,306
Selling expense
(1,282) (1,467) (1,718) (1,333) (1,315)
Administrative expense 1)
(388) (397) (424) (350) (361)
Other operating income/expense
3 0 0 13 5
Impairment of goodwill
(767) - - - -
Operating income*
(1,032) 1,112 1,675 405 (365)
 
Financial items, net
(49) (55) (139) (83) (67)
 
Income after financial items
(1,081) 1,057 1,536 322 (432)
 
Income tax
119 (269) (393) (126) 193
 
Income for the period
(962) 788 1,143 196 (239)
Attributable to:
Equity holders of the Parent Company
(961) 786 1,138 197 (238)
Non-controlling interests
(1) 2 5 (1) (1)
 
*) Of which depreciation, amortization and impairment
(1,027) (261) (277) (285) (330)
 
Diluted earnings per share, SEK
(1.68) 1.37 1.98 0.34 (0.42)
Diluted weigthed average number of shares, million, n/a
573.5 573.8 574.1 574.3 574.3
 
Consolidated comprehensive income statement
 
2014 Q4 2015 Q1 2015 Q2 2015 Q3 2015 Q4
Income for the period
(962) 788 1143 196 (239)
 
Items that will not be reclassified to the income statement:
Remeasurements on defined benefit pension liabilities, net of tax
(136) (65) 111 31 218
 
Items that may be reclassified to the income statement:
Currency translation differences
772 571 (502) 227 (284)
Net investment hedge, net of tax
(478) (462) 296 (176) 92
Available for sale instrument
- - - - -
Cash flow hedges, net of tax
73 4 (87) (19) 42
 
367 113 (293) 32 (150)
Other comprehensive income, net of tax
231 48 (182) 63 68
Total comprehensive income for the period
(731) 836 961 259 (171)
 
Attributable to:
Equity holders of the Parent Company
(731) 834 956 261 (169)
Non-controlling interest
0 2 5 (2) (2)
 
YTD
2014 Q4 2015 Q1 2015 Q2 2015 Q3 2015 Q4
Net sales
32,838 10,928 23,191 30,498 36,170
Cost of goods sold
(23,488) (7,952) (16,398) (21,630) (25,996)
Gross operating income
9,350 2,976 6,793 8,868 10,174
Selling expense
(5,626) (1,467) (3,185) (4,518) (5,833)
Administrative expense 1)
(1,392) (397) (821) (1,171) (1,532)
Other operating income/expense
16 0 0 13 18
Impairment of goodwill
(767) -     -
Operating income*
1,581 1,112 2,787 3,192 2,827
 
Financial items, net
(325) (55) (194) (277) (344)
 
Income after financial items
1,256 1,057 2,593 2,915 2,483
 
Taxes
(432) (269) (662) (788) (595)
 
Income for the period
824 788 1,931 2,127 1,888
Attributable to:
Equity holders of the Parent Company
820 786 1,924 2,121 1,883
Non-controlling interests
4 2 7 6 5
 
*) Of which depreciation, amortization and impairment
(1,734) (261) (538) (823) (1,153)
 
Diluted earnings per share, SEK
1.43 1.37 3.35 3.69 3.28
Diluted weigthed average number of shares, million, n/a
573.1 573.8 574.0 574.1 574.2
 
Consolidated comprehensive income statement
 
2014 Q4 2015 Q1 2015 Q2 2015 Q3 2015 Q4
 
Income for the period
824 788 1,931 2,127 1,888
 
Items that will not be reclassified to the income statement:
Remeasurements on defined pension liabilities
(377) (65) 46 77 295
 
- -   - -
Items that may be reclassified to the income statement:
Currency translation differences
1,762 571 69 296 12
Available-for-sale instrument
- -   - -
Net investment hedge, net of tax
(721) (462) (166) (342) (250)
Cash flow hedges, net of tax
132 4 (83) (102) (60)
 
  113 (180) (148)  
Other comprehensive income, net of tax
1,173 48 (134) (71) (298)
Total comprehensive income for the period
1,620 836 1,797 2,056 1,885
 
Attributable to:
Equity holders of the Parent Company
1,614 834 1,790 2,051 1,882
Non-controlling interest
6 2 7 5 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.