Parent Company Income Statement

SEK m Note* 2017 2016
Net sales 56  1 160 1 140
Cost of goods sold 68910  -1 050 -1 023
Gross profit  110 117
Selling expenses 89  -122 -121
Administrative expenses 8911  -160 -158
Research and development expenses 8  -5 -5
Other operating income 14  247 256
Other operating expenses 815  -44 -151
EBIT 16  26 -63
Income from financial items 1617
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