Consolidated income statement
| SEKm | Note | 20121) | 2013 |
|---|---|---|---|
| Net sales | 3, 4 | 109,994 | 109,151 |
| Cost of goods sold |
|
-87,807 | -87,892 |
| Gross operating income |
|
22,187 | 21,259 |
| Selling expenses |
|
-11,673 | -11,564 |
| Administrative expenses |
|
-5,541 | -5,646 |
| Other operating income | 5 | 78 | 35 |
| Other operating expenses | 6 | -19 | -29 |
| Items affecting comparability | 3, 7 | -1,032 | -2,475 |
| Operating income | 3, 4, 8 | 4,000 | 1,580 |
| Financial income | 9 | 204 | 138 |
| Financial expenses | 9 | -1,050 | -814 |
| Financial items, net |
|
-846 | -676 |
| Income after financial items |
|
3,154 | 904 |
| Taxes | 10 | -789 | -232 |
| Income for the period |
|
2,365 | 672 |
| Items that will not be reclassified to income for the period: |
|
|
|
| Remeasurement of provisions for post-employment benefits | 22 | -917 | 1,851 |
| Income tax relating to items that will not be reclassified |
|
51 | -636 |
|
|
|
-866 | 1,215 |
| Items that may be reclassified subsequently to income for the period: |
|
|
|
| Available for sale instruments | 11, 29 | 23 | -69 |
| Cash flow hedges | 11 | 34 | 41 |
| Exchange-rate differences on translation of foreign operations | 11 | -1,532 | -1,518 |
| Income tax relating to other comprehensive income |
|
-2 | 29 |
|
|
|
-1,477 | -1,517 |
| Other comprehensive income, net of tax |
|
-2,343 | -302 |
| Total comprehensive income for the period |
|
22 | 370 |
| Income for the period attributable to: |
|
|
|
| Equity holders of the Parent Company |
|
2,362 | 671 |
| Non-controlling interests in income for the period |
|
3 | 1 |
| Total comprehensive income for the period attributable to: |
|
|
|
| Equity holders of the Parent Company |
|
26 | 374 |
| Non-controlling interests in income for the period |
|
-4 | -4 |
| Earnings per share | 20 |
|
|
| For income attributable to the equity holders of the Parent Company: |
|
|
|
| Basic, SEK |
|
8.26 | 2.35 |
| Diluted, SEK |
|
8.24 | 2.34 |
| Average number of shares | 20 |
|
|
| Basic, million |
|
285.9 | 286.2 |
| Diluted, million |
|
286.6 | 287.3 |
CEO Statement
In 2013 we continued to deliver above our growth target and delivered 4.5% in organic sales growth.
CEO Statement
I'm convinced that raising product efficiency for the growing middle class is where long-term shareholder value creation lies.
Our products
Electrolux is the only appliance manufacturer in the industry to offer complete solutions for both consumers and professionals. The focus is on innovative and energy-efficient products in the premium segments.
Sustainability
Achieving the Group's vision of sustainability leadership is crucial to realizing the business strategy. The objective is to develop smarter, more accessible, resource-efficient solutions that meet people's needs and improve their lives. Read the comprehensive sustainability performance review.
Awards & recognition
Financial Reporting
Net sales for the Electrolux Group in 2013 amounted to SEK 109,151m, as against SEK 109,994m in the previous year. The organic sales growth was 4.5%, while currencies had an impact of -5.3%.
