Financial data

Consolidated income statement
 
2013 Q3 2013 Q4 2014 Q1 2014 Q2 2014 Q3
SEKm unless otherwise indicated
Net Sales
6349 4707 9685 11045 6785
Cost of goods sold
(4678) (3525) (7133) (7609) (4850)
Gross income
1671 1182 2552 3436 1935
Selling expense
(1179) (1150) (1324) (1714) (1306)
Administrative expense 1)
(286) (341) (325) (351) (328)
Other operating income/expense
0 1 0 0 0
Operating income*
206 (308) 903 1384 301
 
Financial items, net
(111) (125) (96) (110) (70)
 
Income after financial items
95 (433) 807 1274 231
 
Income tax
(3) 129 (191) (299) (55)
 
Income for the period
92 (304) 616 975 176
Attributable to:
Equity holders of the Parent Company
93 (302) 615 971 176
Non-controlling interests in income for the period
(1) (2) 1 4 0
 
*) Of which depreciation, amortization and impairment
(248) (240) (231) (238) (238)
 
Diluted earnings per share, SEK
0.16 (0.53) 1.07 1.70 0.31
Diluted weigthed average number of shares, million
572.8 572.8 572.9 572.8 573.0
 
Consolidated comprehensive income statement
 
2013 Q3 2013 Q4 2014 Q1 2014 Q2 2014 Q3
Income for the period
92 (304) 616 975 176
 
Items that will not be reclassified to the income statement:
Remeasurements on defined benefit pension liabilities
136 12 (79) (22) (140)
 
136   - - (140)
Items that may be subsequently reclassified to the income statement:
Currency translation differences
(449) 310 54 557 379
Hedging of net equities in foreign subsidiaries
-     (45) (198)
Available for sale instrument
-       -
Cash flow hedges
(13) (12) 11 (23) 71
 
(462)   65 489 252
Other comprehensive income, net of tax
(326) 310 (14) 467 112
Total comprehensive income for the period
(234) 6 602 1442 288
 
Attributable to:
Equity holders of the Parent company
(232) 9 601 1437 288
Non-controlling interest
(2) (3) 1 5 0
 
YTD
2013 Q3 2013 Q4 2014 Q1 2014 Q2 2014 Q3
 
Net Sales
25600 30307 9685 20730 27515
Cost of goods sold
(18763) (22288) (7133) (14742) (19592)
Gross operating income
6837 8019 2552 5988 7923
Selling expense
(3998) (5148) (1324) (3038) (4344)
Administrative expense 1)
(919) (1260) (325) (676) (1004)
Other operating income/expense
(4) (3) 0 13 13
Operating income*
1916 1608 903 2287 2588
 
Financial items, net
(303) (428) (96) (206) (276)
 
Income after financial items
1613 1180 807 2081 2312
 
Taxes
(393) (264) (191) (490) (545)
 
Income for the period
1220 916 616 1591 1767
Attributable to:
Equity holders of the Parent Company
1216 914 615 1586 1762
Non-controlling interests in income for the period
4 2 1 5 5
 
*) Of which depreciation, amortization and impairment
(738) (978) (231) (469) (707)
 
Diluted earnings per share, SEK
2.12 1.6 1.07 2.77 3.08
Diluted weigthed average number of shares, million
572.7 572.8 572.9 572.8 572.9
 
Consolidated comprehensive income statement
 
Income for the period
1220 916 616 1591 1767
 
Items that will not be reclassified to the income statement:
Remeasurements on defined pension liabilities
136 148 (79) (101) (241)
 
136   - - (241)
Items that may be subsequently reclassified to the income statement:
Currency translation differences
(147) 163 54 611 990
Available-for-sale instrument
- - - - -
Hedging of net equities in foreign subsidiaries
-     (45) (243)
Cash flow hedges
16 4 11 (12) 59
 
(131)   65 554 806
Other comprehensive income, net of tax
5 315 (14) 453 565
Total comprehensive income for the period
1225 1231 602 2044 2332
 
Attributable to:
Equity holders of the Parent company
1222 1231 601 2038 2326
Non-controlling interest
3 0 1 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.