Consolidated income statement

SEKm	Note	2016	2015
Net sales	3, 4	121,093	123,511
Cost of goods sold	4, 7	–95,820	–99,913
Gross operating income		25,273	23,598
Selling expenses	4, 7	–13,208	–12,719
Administrative expenses	4, 7	–5,812	–6,019
Other operating income	5	218	67
Other operating expenses	6, 7	–197	–2,186
Operating income	3, 4, 8	6,274	2,741
Financial income	9	109	123
Financial expenses	9	–802	–763
Financial items, net		–693	–640
Income after financial items		5,581	2,101
Taxes	10	–1,088	–533
Income for the period		4,493	1,568
Items that will not be reclassified to income for the period:
Remeasurement of provisions for post–employment benefits	22	–236	343
Income tax relating to items that will not be reclassified		44	–114
		–192	229
Items that may be reclassified subsequently to income for the period:
Available- for- sale instruments	11, 29	43	–39
Cash flow hedges	11	–82	–28
Exchange–rate differences on translation of foreign operations	11	328	–1,454
Income tax relating to items that may be reclassified		–20	29
		269	–1,492
Other comprehensive income, net of tax		77	–1,263
Total comprehensive income for the period		4,570	305
Income for the period attributable to:
Equity holders of the Parent Company		4,494	1,566
Non–controlling interests		–1	2
Total comprehensive income for the period attributable to:
Equity holders of the Parent Company		4,570	307
Non–controlling interests		0	–2
Earnings per share	20
For income attributable to the equity holders of the Parent Company:
Basic, SEK		15.64	5.45
Diluted, SEK		15.55	5.42
Average number of shares	20
Basic, million		287.4	287.1
Diluted, million		289.0	288.9