Saab 2014 Annual Report Download - page 77

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FINANCIAL INFORMATION – FINANCIAL STATEMENTS
PARENT COMPANY INCOME STATEMENT
PARENT COMPANY COMPREHENSIVE INCOME
MSEK Note 2014 2013
Sales 3, 4 16,175 16,521
Cost of goods sold -11,869 -12,556
Gross income 4,306 3,965
Marketing expenses -1,365 -1,368
Administrative expenses -730 -680
Research and development costs -1,170 -1,088
Other operating income 5 170 87
Other operating expenses 6 -11 -254
Operating income 1,200 662
Result from financial items: 13
Result from shares in Group companies 554 875
Result from shares in associated companies and joint ventures 194 8
Result from other securities and receivables held as fixed assets -67 -180
Other interest income and similar items 205 195
Interest expenses and similar items -180 -191
Income after financial items 1,906 1,369
Appropriations 14 -419 -284
Income before taxes 1,487 1,085
Taxes 15 -317 -200
Net income for the year 1,170 885
MSEK Note 2014 2013
Net income for the year 1,170 885
Other comprehensive income - -
Net comprehensive income for the year 1,170 885
SALES AND INCOME
The Parent Company includes units
within the business areas Aeronautics,
Electronic Defence Systems, Security
and Defence Solutions, and Support
and Services. Group staff and Group
support are included as well. The busi-
ness areas Dynamics and Combitech
are subsidiaries to Saab AB and are
not a part of the Parent Company.
The Parent Company’s sales in 2014
amounted to MSEK 16,175 (16,521).
Operating income was MSEK 1,200
(662).
Net financial income and expenses
was MSEK 706 (707). After appropria-
tions of MSEK -419 (-284) and taxes of
MSEK -317 (-200), net income for the
year amounted to MSEK 1,170 (885)
SAAB ANNUAL REPORT 2014 – 73