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Swedish Match
SWMA Jul 1, 2022
5:29 PM CET
+ 0.3 % 104.55 SEK
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Income statement

View data according to IFRS by clicking the tabs below. Show earlier data by clicking the arrow in the table header.

Financial tables in XLS format
Financial tables 2010-2019 segments prior to 2020 in Excel format

IFRS Quarterly

SEK millionQ1/22Q4/21Q3/21Q2/21Q1/21Q4/20Q3/20*Q2/20*Q1/20*Q4/19Q3/19Q2/19Q1/19Q4/18Q3/18Q2/18Q1/18Q4/17**Q3/17**Q2/17**Q1/17**Q4/16Q3/16Q2/16Q1/16Q4/15Q3/15Q2/15Q1/15Q4/14Q3/14Q2/14Q1/14Q4/13Q3/13Q2/13Q1/13Q4/12Q3/12Q2/12
Sales4,8924,7514,7784,5054,4554,1364,4004,1334,0293,9333,8293,7193,2583,3013,3883,3362,9412,9512,9153,0532,8333,9574,1183,9203,5573,7193,7563,6443,3683,5363,4163,3393,0143,1783,2303,2202,9823,1483,2083,213
Cost of goods sold-1,630-1,653-1,612-1,514-1,469-1,460-1,409-1,460-1,422-1,451-1,340-1,350-1,234-1,244-1,231-1,251-1,107-1,130-1,062-1,114-1,050-2,116-2,222-2,115-1,872-2,005-2,011-1,929-1,752-1,910-1,853-1,784-1,561-1,698-1,749-1,673-1,527-1,586-1,617-1,558
Gross profit3,2633,0993,1662,9902,9862,6772,9902,6722,6072,4822,4892,3692,0232,0572,1572,0851,8341,8211,8521,9391,7831,8411,8961,8041,6851,7141,7451,7151,6151,6271,5631,5551,4521,4811,4811,5461,4551,5621,5911,655
Selling and administrative expenses-1,243-1,194-1,103-1,037-933-1,031-946-982-1,009-1,020-904-936-834-862-853-823-786-780-765-852-791-889-808-798-745-808-745-771-741-710-675-681-637-633-638-668-618-667-640-710
Share of profit/loss in associated companies and joint ventures 4-5123244234101111-121452565566266119140751016743848187359172107
Settlement income----300-----------------------------------
Impairment charge - European chewing tobacco business----------367------------------------------
Income from defined benefit plan amendment-----------------69----------------------
Capital gain from transfer of businesses to STG---------------------------------------30
Relocation of distribution facilities ----------------------------42------------
Capital gain from sale of land--------------------107--------------2159---
Sale of STG shares -----------------66--131-648-560---------------
Sale of distribution facility------------------------145---------------
Gain on fair value of STG shares----------------------902-----------------
Operating profit2,0241,9012,0751,9562,3541,6502,0481,6931,6011,0981,5861,4341,1901,1961,3051,2631,0471,1781,0881,0911,2359542,6941,0611,7119081,0651,0211,0149929899418589329249681,0319861,0221,082
Dividend from STG -----------------42-65--------------------
Finance income91267111371030252328242116171410912182315109964457889988101112
Finance costs-95-95-94-92-100-92-112-94-108-83-83-87-93-83-89-90-87-96-101-101-98-109-165-100-116-137-111-119-118-137-134-133-134-137-151-146-144-146-152-151
Profit before income tax1,9371,8181,9871,8712,2651,5701,9431,6091,5231,0391,5261,3741,1211,1341,2321,1909741,1349971,0661,1568682,5459711,604780960906900861862816732804782830895850881942
Income tax expense-444-360-447-430-485-326-721-355-354-283-346-294-242-209-273-263-208-231-244-254-224-206-239-220-200-145-219-200-179-161-167-165-152-128-154-163-154-63-188-183
Profit for the period1,4931,4571,5401,4411,7801,2441,2221,2541,1687561,1801,0808809259599287669047538129326622,3067521,404636741705721700695651580675628667741787693759
Attributable to:
Equity holders of the Parent1,4921,4571,5391,4411,7791,2441,2221,2531,1687561,1801,0808809259599287669047538129326622,3067511,404636741705721700695651580675629667740787693759
Non-controlling interests0000000000000000000000000000000000-100000
Profit for the period1,4931,4571,5401,4411,7801,2441,2221,2541,1687561,1801,0808809259599287669047538129326622,3067521,404636741705721700695651580675628667741787693759

* The operating profit for the Group and for the product segment Cigars have been restated for the three first quarters in 2020. For further information, se note 1 in Q4 interim report 2020.

** Financial statements for 2017 has been restated in accordance with IFRS 15.

IFRS Annually

SEK million20212020201920182017*20162015201420132012
Sales18,48916,69814,73912,96611,75115,55114,48613,30512,61012,486
Cost of goods sold-6,249-5,751-5,376-4,832-4,356-8,325-7,697-7,109-6,647-6,138
Gross profit12,24010,9479,3638,1337,3967,2266,7896,1975,9636,349
Selling and administrative expenses-4,267-3,968-3,694-3,324-3,187-3,240-3,065-2,703-2,556-2,653
Share of net profit/loss in associated companies and joint venture 13135310180327285287337
Settlement income300---------
Impairment charge - European chewing tobacco business---367-------
Income from defined benefit plan amendment----69-----
Capital gain from transfer of businesses to STG---------30
Gain on sale of real estate----107-----
Capital gain from sale of land--------161-
Relocation of distribution facilities -------42---
Sale of STG shares ----1971,208----
Sale of distribution facility-----145----
Gain on fair value of STG shares-----902----
Operating profit8,2866,9915,3074,8124,5926,4204,0083,7803,8554,062
Dividend from STG----107-----
Finance income36499565495322273438
Finance costs-381-396-343-346-396-484-486-537-578-589
Net finance cost-345-347-247-281-240-431-463-510-544-551
Profit before income tax7,9416,6445,0604,5314,3535,9883,5453,2703,3103,511
Income tax expense-1,723-1,756-1,165-953-952-865-742-644-600-604
Profit for the year6,2184,8883,8963,5783,4005,1232,8032,6262,7112,907
Attributable to:
Equity holders of the Parent6,2174,8883,8953,5783,4005,1232,8032,6252,7122,906
Non-controlling interests110000---1-
Profit for the year6,2184,8883,8963,5783,4005,1232,8032,6262,7112,907
Earnings per share. basic. SEK**3.973.042.322.061.892.741.451.321.361.43
Earnings per share. diluted. SEK**3.973.042.322.061.892.741.451.321.361.43

* Financial statements for 2017 has been restated in accordance with IFRS 15.

** In May 2021 a share split (10:1) was made, historical data has been restated in accordance with IAS 33.

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