Volvo 2001 Annual Report Download - page 58
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THE VOLVO GROUP
54
SEK M 1999 2000 2001
Net sales Note 3 125,019 130,070 189,280
Cost of sales (99,501) (104,548) (155,592)
Gross income 25,518 25,522 33,688
Research and development expenses (4,525) (4,876) (5,391)
Selling expenses (8,865) (10,140) (15,766)
Administrative expenses (4,791) (4,974) (6,709)
Other operating income and expenses Note 4 (611) 622 (4,096)
Income from investments in associated companies Note 7 567 444 50
Income from other investments Note 8 170 70 1,410
Income from divestment of Volvo Cars 26,695 – –
Restructuring costs Note 5 ––(3,862)
Operating income (loss) Note 6 34,158 6,668 (676)
Interest income and similar credits 1,812 1,588 1,275
Interest expenses and similar charges (1,505) (1,845) (2,274)
Other financial income and expenses Note 9 131 (165) (191)
Income (loss) after financial items 34,596 6,246 (1,866)
Taxes Note 10 (2,270) (1,510) 326
Minority interests in net income Note 11 (104) (27) 73
Net income (loss) 32,222 4,709 (1,467)
Net income (loss) per share, SEK 73.00 11.20 (3.50)
Consolidated income statements