Earnings for the year
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 |