Annual Report 2009 - Husqvarna Group

44 Husqvarna Annual Report 2009
Group Income Statement
SEKm Note 2009
2008
Net sales 3, 4 34,074 32,342
Cost of goods sold –25,423 –22,965
Gross operating income 8,651 9,377
Selling expenses –5,547 –5,496
Administrative expenses –1,541 –1,474
Other operating income 5 5 4
Other operating expenses 6 –8 –48
Shares of income in associated companies 0 –2
Operating income 1,560 2,361
Financial income 8 36 122
Financial expenses 8 –502 –716
Financial items, net –466 –594
Income after financial items 1,094 1,767
Taxes 9 –191 –479
Income for the period 903 1,288
Income for the period attributable to:
Equity holders of the Parent Company 899 1,278
Minority interest in income for the period 4 10
903 1,288
Earnings per share
Before dilution, SEK 1,64 2,81
After dilution, SEK 1,64 2,81
Average number of shares
Before dilution, million 17 548,6 454,3
After dilution, million 548,8 454,5
Consolidated comprehensive income statement
SEKm Note 2009
2008
Income for the period 903 1,288
Other comprehensive income, net of tax:
Exhange differences on translating foreign operations –581 1,038
Available for sale instruments 0 3
Cash flow hedges –1 16
Other comprehensive income, net of tax 16 –582 1,057
Total comprehensive income for the period 321 2,345
Attributable to:
Equity holders of the Parent Company 316 2,331
Minority interest in income for the period 5 14