Parent Company Income Statement

SEK m Note* 2017 2016
Net sales 5, 6 1 160 1 140
Cost of goods sold 6, 8, 9, 10 -1 050 -1 023
Gross profit 110 117
Selling expenses 8, 9 -122 -121
Administrative expenses 8, 9, 11 -160 -158
Research and development expenses 8 -5 -5
Other operating income 14 247 256
Other operating expenses 8, 15 -44 -151
EBIT 16 26 -63
Income from financial items 16, 17
Revenue from participation in Group Companies 18 290 273
Other operating income and similar income 22 25
Interest expenses and similar expenses -16 -22
Net financial items 297 277
Income after financial items 323 214
Tax on income for the year 19 -39 -35
Net income for the year 284 178

*Related notes to the income statement

1 – General information
2 – Summary of important accounting principles
3 – Financial risks
4 – Important estimations and assessments for accounting purposes
5 – Operating segments
12 – Personnel (Average number)
13 – Salaries and other remuneration