Financial data

Consolidated income statement
 
2015 Q1 2015 Q2 2015 Q3 2015 Q4 2016 Q1
SEKm unless otherwise indicated
Net sales
10,928 12,263 7,307 5,672 11,361
Cost of goods sold
(7,952) (8,446) (5,232) (4,366) (8,199)
Gross income
2,976 3,817 2,075 1,306 3,162
Selling expense
(1,467) (1,718) (1,333) (1,315) (1,546)
Administrative expense 1)
(397) (424) (350) (361) (451)
Other operating income/expense
0 0 13 5 1
Impairment of goodwill
- - - - -
Operating income*
1,112 1,675 405 (365) 1,166
 
Financial items, net
(55) (139) (83) (67) (142)
 
Income after financial items
1,057 1,536 322 (432) 1,024
 
Income tax
(269) (393) (126) 193 (263)
 
Income for the period
788 1,143 196 (239) 761
Attributable to:
Equity holders of the Parent Company
786 1,138 197 (238) 759
Non-controlling interests
2 5 (1) (1) 2
 
*) Of which depreciation, amortization and impairment
(261) (277) (285) (330) (280)
 
Diluted earnings per share, SEK
1.37 1.98 0.34 (0.42) 1.32
Diluted weigthed average number of shares, million, n/a
573.8 574.1 574.3 574.3 574.3
 
Consolidated comprehensive income statement
 
2015 Q1 2015 Q2 2015 Q3 2015 Q4 2016 Q1
Income for the period
788 1143 196 (239) 761
 
Items that will not be reclassified to the income statement:
Remeasurements on defined benefit pension plans, net of tax
(65) 111 31 218 (110)
 
Items that may be reclassified to the income statement:
Currency translation differences
571 (502) 227 (284) (110)
Net investment hedge, net of tax
(462) 296 (176) 92 140
Available for sale instrument
- - - - -
Cash flow hedges, net of tax
4 (87) (19) 42 (86)
 
113 (293) 32 (150) (56)
Other comprehensive income, net of tax
48 (182) 63 68 (166)
Total comprehensive income for the period
836 961 259 (171) 595
 
Attributable to:
Equity holders of the Parent Company
834 956 261 (169) 593
Non-controlling interest
2 5 (2) (2) 2
 
YTD
2015 Q1 2015 Q2 2015 Q3 2015 Q4 2016 Q1
Net sales
10,928 23,191 30,498 36,170 11,361
Cost of goods sold
(7,952) (16,398) (21,630) (25,996) (8,199)
Gross operating income
2,976 6,793 8,868 10,174 3,162
Selling expense
(1,467) (3,185) (4,518) (5,833) (1,546)
Administrative expense 1)
(397) (821) (1,171) (1,532) (451)
Other operating income/expense
0 0 13 18 1
Impairment of goodwill
-     - -
Operating income*
1,112 2,787 3,192 2,827 1,166
 
Financial items, net
(55) (194) (277) (344) (142)
 
Income after financial items
1,057 2,593 2,915 2,483 1,024
 
Income tax
(269) (662) (788) (595) (263)
 
Income for the period
788 1,931 2,127 1,888 761
Attributable to:
Equity holders of the Parent Company
786 1,924 2,121 1,883 759
Non-controlling interests
2 7 6 5 2
 
*) Of which depreciation, amortization and impairment
(261) (538) (823) (1,153) (280)
 
Diluted earnings per share, SEK
1.37 3.35 3.69 3.28 1.32
Diluted weigthed average number of shares, million, n/a
573.8 574.0 574.1 574.2 574.3
 
Consolidated comprehensive income statement
 
2015 Q1 2015 Q2 2015 Q3 2015 Q4 2016 Q1
 
Income for the period
788 1,931 2,127 1,888 761
 
Items that will not be reclassified to the income statement:
Remeasurements on defined pension plans, net of tax
(65) 46 77 295 (110)
 
-   - - -
Items that may be reclassified to the income statement:
Currency translation differences
571 69 296 12 (110)
Available-for-sale instrument
-   - - -
Net investment hedge, net of tax
(462) (166) (342) (250) 140
Cash flow hedges, net of tax
4 (83) (102) (60) (86)
 
113 (180) (148)   (56)
Other comprehensive income, net of tax
48 (134) (71) (298) (166)
Total comprehensive income for the period
836 1,797 2,056 1,885 595
 
Attributable to:
Equity holders of the Parent Company
834 1,790 2,051 1,882 593
Non-controlling interest
2 7 5 3 2
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.