Group income statement

Amount in SEK million	2021	2020

Net sales	94,685	86,864
Cost of goods sold	−76,335	−70,315
Gross profit	18,350	16,549

Sales expenses	−11,126	−10,377
Administrative expenses	−5,984	−5,462
Shares in associated companies’ earnings	−149	−140
Other operating income	1,473	1,464
Other operating expenses	−167	−273
Operating profit before items affecting comparability	2,397	1,760

Profit from financial items
Profit from securities and receivables that are fixed assets	74	−2
Other interest income and similar terms	67	−40
Interest expenses and similar income terms	−134	−50
Profit after financial items before items affecting comparability	2,404	1,669

Items affecting comparability	–	–
Profit before tax	2,404	1,669

Tax on profit for the year	−770	−619
Profit after tax	1,634	1,050

Attributable to
Parent company shareholders	708	239
Holdings without a controlling interest	926	811

ProfitAX
Profit before tax	2,404	1,669
Goodwill amortization	1,093	848
Goodwill amortization associated companies	419	276
Adjustment of IFRS 16 and IAS 19 in Axfood	−24	60
Other adjustments	−223	−99
Items affecting comparability	0	0
	3,669	2,754

Depreciation and write-downs included in the 2020 earnings
	Goodwill	Other intangible	Tangible	Associated companies	Total
Cost of goods sold	-440	-175	-726		-1,341
Sales expenses	-577	-76	-228		-881
Administrative expenses	-73	-119	-142		-334
Other operating expenses	-3	-4			-7
Shares in associated companies’ earnings				-462	-462
	-1,093	-374	-1,096	-462	-3,025

Depreciation and write-downs included in the 2019 earnings
	Goodwill	Other intangible	Tangible	Associated companies	Total
Cost of goods sold	-332	-170	-719		-1,221
Sales expenses	-486	-74	-257		-817
Administrative expenses	-28	-129	-120		-277
Other operating expenses	-2	-4			-6
Shares in associated companies’ earnings				-318	-318
	-848	-377	-1,096	-318	-2,639