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1 January – 31 December
MSEK Note 2010 2009
Sales 3, 4 14,745 15,385
Cost of goods sold -11,523 -11,276
Gross income 3,222 4,109
Marketing expenses -1,114 -1,138
Administrative expenses -727 -675
Research and development costs -824 -811
Other operating income 58268
Other operating expenses 6 -16 -68
Operating income 623 1,485
Result from financial items: 13
Result from shares in Group companies 1,199 1,178
Result from shares in associated companies/joint ventures 32 7
Result from other securities and receivables held as fixed assets 107 -238
Other interest income and similar items 114 109
Interest expenses and similar items -173 -309
Income after financial items 1,902 2,232
Appropriations 14 -83 3
Income before taxes 1,819 2,235
Taxes 15 -430 -560
Net income for the year 1,389 1,675
1 January – 31 December
MSEK Note 2010 2009
Net income for the year 1,389 1,675
Other comprehensive income --
Net comprehensive income for the year 1,389 1,675
PARENT COMPANY
INCOME STATEMENT
PARENT COMPANY
COMPREHENSIVE INCOME
SALES AND INCOME
The Parent Company’s sales in 2010 amounted to MSEK14,745 (15,385).
Operating income was MSEK 623 (1,485) and included provisions of
MSEK290 related to projects in Security and Defence Solutions that im-
pacted profitability negatively. A total of MSEK 338 in restructuring costs
impacted operating income negatively.
Net financial income and expenses amounted to MSEK 1,279 (747). The
deviation between the result for 2010 and 2009 is explained by currency
gains in the tender portfolio, positive currency differences, increased net inter-
est and internal dividends. After appropriations of MSEK -83 (3) and taxes of
MSEK -430 (-560), net income for the year amounted to MSEK 1,389 (1,675).
FINANCIAL INFORMATION > FINANCIAL STATEMENTS
SAAB ANNUAL REPORT 2010 67