Electrolux 2000 Annual Report Download - page 40

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38 ELECTROLUX ANNUAL REPORT 2000
2000 1999 2000 1999
SEKm SEKm EURm EURm
Net sales (Note 2) 124,493 119,550 14,099 13,982
Cost of goods sold –93,549 –87,288 –10,594 –10,209
Gross operating income 30,944 32,262 3,505 3,773
Selling expense –17,092 –18,450 –1,936 –2,158
Administrative expense –5,585 –6,261 –633 –732
Other operating income (Note 3) 130 192 15 22
Other operating expense (Note 4) –347 –323 –39 –38
Items affecting comparability (Note 5) –448 –216 –51 –25
Operating income (Notes 2, 6, 25) 7,602 7,204 861 842
Interest income (Note 7) 1,029 1,076 117 126
Interest expense (Note 7) –2,101 –2,138 –238 –250
Income after financial items 6,530 6,142 740 718
Taxes (Note 8) –2,121 –2,005 –240 –234
Minority interests in net income (Note 9) 48 38 54
Net income 4,457 4,175 505 488
Net income per share, SEK, EUR (Note 10) 12.40 11.40 1.40 1.33
Exchange rate: EUR 1 = SEK 8.83 (8.55)
Consolidated income statement