The Group’s net sales in Sweden amounted to SEK 4,210m (3,353). Exports from Sweden during the year amounted to SEK 3,863m (4,379), of which SEK 3,124m (3,664) were to Group subsidiaries. The vast majority of the Group’s revenues consisted of product sales. Revenue from service activities amounted to SEK 1,258m (1,247).
Operating income included net exchange-rate differences in the amount of SEK –53m (71). The Group’s Swedish factories accounted for 1.6% (2.4) of the total value of production. Costs for research and development amounted to SEK 1,669m (1,597) and are included in the item Cost of goods sold.
The Group’s depreciation and amortization charge for the year amounted to SEK 3,173m (3,328). Salaries, remunerations and employer contributions amounted to SEK 16,237m (16,375) and expenses for post-employment benefits amounted to SEK 425m (741).
Government grants relating to expenses have been deducted in the related expenses by SEK 156m (96). Government grants related to assets have been recognized as deferred income in the balance sheet and will be recognized as income over the useful life of the assets. In 2011, these grants amounted to SEK 121m (220).