Financial data

Consolidated income statement
 
2015 Q3 2015 Q4 2016 Q1 2016 Q2 2016 Q3
SEKm unless otherwise indicated
Net sales
7,307 5,672 11,361 11,504 7,349
Cost of goods sold
(5,232) (4,366) (8,199) (7,567) (5,058)
Gross income
2,075 1,306 3,162 3,937 2,291
Selling expense
(1,333) (1,315) (1,546) (1,803) (1,438)
Administrative expense 1)
(350) (361) (451) (404) (415)
Other operating income/expense
13 5 1 (1) (7)
Impairment of goodwill
- - - - -
Operating income*
405 (365) 1,166 1,729 431
 
Financial items, net
(83) (67) (142) (72) (124)
 
Income after financial items
322 (432) 1,024 1,657 307
 
Income tax
(126) 193 (263) (398) (102)
 
Income for the period
196 (239) 761 1,259 205
Attributable to:
Equity holders of the Parent Company
197 (238) 759 1,255 206
Non-controlling interests
(1) (1) 2 4 (1)
 
*) Of which depreciation, amortization and impairment
(285) (330) (280) (275) (305)
 
Diluted earnings per share, SEK
0.34 (0.42) 1.32 2.19 0.36
Diluted weigthed average number of shares, million, n/a
574.3 574.3 574.3 573.4 574.0
 
Consolidated comprehensive income statement
 
2015 Q3 2015 Q4 2016 Q1 2016 Q2 2016 Q3
Income for the period
196 (239) 761 1259 205
 
Items that will not be reclassified to the income statement:
Remeasurements on defined benefit pension plans, net of tax
31 218 (110) (258) (56)
 
Items that may be reclassified to the income statement:
Currency translation differences
227 (284) (110) 522 399
Net investment hedge, net of tax
(176) 92 140 (291) (166)
Available for sale instrument
- - - - -
Cash flow hedges, net of tax
(19) 42 (86) (30) (13)
 
32 (150) (56) 201 220
Other comprehensive income, net of tax
63 68 (166) (57) 164
Total comprehensive income for the period
259 (171) 595 1202 369
 
Attributable to:
Equity holders of the Parent Company
261 (169) 593 1196 370
Non-controlling interest
(2) (2) 2 6 (1)
 
YTD
2015 Q3 2015 Q4 2016 Q1 2016 Q2 2016 Q3
Net sales
30,498 36,170 11,361 22,865 30,214
Cost of goods sold
(21,630) (25,996) (8,199) (15,766) (20,824)
Gross operating income
8,868 10,174 3,162 7,099 9,390
Selling expense
(4,518) (5,833) (1,546) (3,349) (4,787)
Administrative expense 1)
(1,171) (1,532) (451) (855) (1,270)
Other operating income/expense
13 18 1 0 (7)
Impairment of goodwill
  - -    
Operating income*
3,192 2,827 1,166 2,895 3,326
 
Financial items, net
(277) (344) (142) (214) (338)
 
Income after financial items
2,915 2,483 1,024 2,681 2,988
 
Income tax
(788) (595) (263) (661) (763)
 
Income for the period
2,127 1,888 761 2,020 2,225
Attributable to:
Equity holders of the Parent Company
2,121 1,883 759 2,014 2,220
Non-controlling interests
6 5 2 6 5
 
*) Of which depreciation, amortization and impairment
(823) (1,153) (280) (555) (860)
 
Diluted earnings per share, SEK
3.69 3.28 1.32 3.51 3.87
Diluted weigthed average number of shares, million, n/a
574.1 574.2 574.3 573.8 573.9
 
Consolidated comprehensive income statement
 
2015 Q3 2015 Q4 2016 Q1 2016 Q2 2016 Q3
 
Income for the period
2,127 1,888 761 2,020 2,225
 
Items that will not be reclassified to the income statement:
Remeasurements on defined pension plans, net of tax
77 295 (110) (368) (424)
 
- - -   -
Items that may be reclassified to the income statement:
Currency translation differences
296 12 (110) 412 811
Available-for-sale instrument
- - -   -
Net investment hedge, net of tax
(342) (250) 140 (151) (317)
Cash flow hedges, net of tax
(102) (60) (86) (116) (129)
 
(148)   (56) 145 365
Other comprehensive income, net of tax
(71) (298) (166) (223) (59)
Total comprehensive income for the period
2,056 1,885 595 1,797 2,166
 
Attributable to:
Equity holders of the Parent Company
2,051 1,882 593 1,789 2,159
Non-controlling interest
5 3 2 8 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.