Consolidated income statement

SEKm  Note 2012 2011
Net sales 3,4 109,994 101,598
Cost of goods sold   –87,741 –82,840
Gross operating income   22,253 18,758
Selling expenses   –11,625 –10,821
Administrative expenses   –5,505 –4,972
Other operating income 5 78 230
Other operating expenses 6 –19 –40
Items affecting comparability 3,7 –1,032 –138
Operating income  3,4,8 4,150 3,017
       
Financial income 9 204 337
Financial expenses 9 –876 –574
Financial items, net   –672 –237
Income after financial items   3,478 2,780
       
Taxes 10 –879 –716
Income for the period   2,599 2,064
       
Available for sale instruments 11,29 23 –91
Cash flow hedges 11 34 111
Exchange-rate differences on translation of foreign operations 11 –1,532 –223
Income tax related to other comprehensive income   –2 –104
Other comprehensive income, net of tax   –1,477 –307
Total comprehensive income for the period   1,122 1,757
       
Income for the period attributable to:      
Equity holders of the Parent Company   2,596 2,064
Non-controlling interests   3 —
       
Total comprehensive income for the period attributable to:      
Equity holders of the Parent Company   1,126 1,752
Non-controlling interests   –4 5
       
Earnings per share 20    
For income attributable to the equity holders of the Parent Company:      
Basic, SEK   9.08 7.25
Diluted, SEK   9.06 7.21
       
Average number of shares 20    
Basic, million   285.9 284.7
Diluted, million   286.6 286.1