Income Statement

(SEK million) 2016 2015
Net sales 24,606.1 22,585.8
Cost of goods sold -17,916.0 -16,377.2
Gross profit 6,690.1 6,208.6
     
Selling expenses -4,559.3 -4,331.0
Administration expenses -443.2 -390.1
Other operating income 32.4 18.3
Other operating expenses -1.4 -0.6
Operating profit (EBIT) 1,718.6 1,505.2
     
Finance income 549.5 173.4
Finance expense -1,689.1 -1,446.9
Net finance income/expense -1,139.6 -1,273.5
     
Profit before tax 579.0 231.7
     
Income tax -237.1 -161.5
Profit/loss for the year 341.9 70.2
Profit/loss for the year attributable to  
    Parent company shareholders 341.9 70.2
    Non-controlling interests
Basic earnings per share, SEK 1.11 0.21
Diluted earnings per share, SEK 1.11 0.21