Saab 2012 Annual Report Download - page 70

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1 January – 31 December
MSEK Note 2012 2011
Sales 3, 4 15,338 15,415
Cost of goods sold -10,723 -11,785
Gross income 4,615 3,630
Marketing expenses -1,385 -1,220
Administrative expenses -716 -664
Research and development costs -1,549 -1,143
Other operating income 5 77 219
Other operating expenses 6 -11 -3
Operating income 1,031 819
Result from financial items: 13
Result from shares in Group companies 835 1,410
Result from shares in associated companies and joint ventures 12 59
Result from other securities and receivables held as fixed assets -29 81
Other interest income and similar items 281 182
Interest expenses and similar items -185 -207
Income after financial items 1,945 2,344
Appropriations 14 -481 -293
Income before taxes 1,464 2,051
Taxes 15 -499 -462
Net income for the year 965 1,589
1 January – 31 December
MSEK Note 2012 2011
Net income for the year 965 1,589
Other comprehensive income --
Net comprehensive income for the year 965 1,589
PARENT COMPANY
INCOME STATEMENT
PARENT COMPANY
COMPREHENSIVE INCOME
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 Parent Company’s sales in 2012 amounted to MSEK 15,338 (15,415).
Operating income was MSEK 1,031 (819).
The operating income in 2011 included expenses of approximately MSEK 330
regarding increased pension obligations according to the FPG/PRI system
due to changed mortality assumptions.
Net financial income and expenses was MSEK 914 (1,525). After appropria-
tions of MSEK -481 (-293) and taxes of MSEK -499 (-462), net income for the
year amounted to MSEK 965 (1,589).
FINANCIAL INFORMATION > FINANCIAL STATEMENTS
66 SAAB ANNUAL REPORT 2012