Annual Report 2003 - Modern Times Group MTG AB
Annual Report 2003 - Modern Times Group MTG AB
Annual Report 2003 - Modern Times Group MTG AB
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financial statements<br />
44<br />
Parent company income statements<br />
SEK million Note <strong>2003</strong> 2002 2001<br />
Net Sales 76.3 104.7 63.8<br />
Gross Income 76.3 104.7 63.8<br />
Selling expenses - - -<br />
Administrative expenses -183.8 -243.7 -151.7<br />
Operating income 5, 21, 22, 23, 24 -107.5 -139.0 -87.9<br />
Dividends group 7 - 244.6 -<br />
Gain from financial assets 7 18.9 - -<br />
Interest revenue and other financial income 7 313.2 360.5 383.6<br />
Interest expense and other financial costs<br />
Income/loss after financial revenue and expense<br />
7 -50.5 -273.5 -60.2<br />
excluding interest on convertible debentures 174.1 192.6 235.5<br />
Interest on convertible debentures<br />
Unrealised exchange difference on<br />
-60.0 -59.5 -33.1<br />
convertible debentures 11.8 28.1 -34.1<br />
Income/loss before appropriations and tax 125.9 161,2 168.3<br />
Taxes 8 29.9 316.1 -121.0<br />
NET INCOME FOR THE YEAR 155.8 477.3 47.3
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