Financial Report (January - June 2012) - Volvo

income statement
6
Amounts in million SEK
Revenue 65,325 62,863 125,525
Cost of goods sold (54,176) (51,068) (103,459)
Gross profit 11,149 11,795 22,066
Research & Development expenses (2,227) (2,031) (4,184)
Selling, General & Administrative expenses (7,460) (6,567) (12,954)
Other income & expenses (1,223) (1,668) (3,292)
EBIT 239 1,529 1,636
Interest income & expenses (223) (216) (549)
Other financial income & expenses (239) 336 123
EBT (223) 1,649 1,210
Tax & Non-controlling interests (31) (436) (283)
net Income (254) 1,213 927
balance sheet
Amounts in million SEK
2012
H1
2012
30 June
2011
H1
2011
30 June
2011
FY
2011
31 Dec
Intangible assets 13,895 12,978 13,624
Property, plant and equipment 31,808 31,900 30,479
Other non current assets 2,611 1,543 2,266
non-current assets 48,314 46,421 46,369
Inventories 15,268 11,922 13,219
Receivables 8,048 6,657 6,039
Other current assets 607 291 211
Cash and cash equivalents 12,832 14,056 15,103
Current assets 36,755 32,926 34,572
Total Assets 85,069 79,347 80,941
Equity 22,070 22,035 22,647
Provisions, non-current 12,504 12,451 12,565
Non current liabilities 9,144 7,966 8,595
Total non-current liabilities 21,648 20,417 21,160
Provisions, current 12,925 11,771 11,502
Trade payables 16,094 14,387 15,464
Other current liabilities 12,332 10,737 10,168
Total current liabilities 41,351 36,895 37,134
Total equity and liabilities 85,069 79,347 80,941
VOLVO CAR GROUP H1 2012