Income statement

View data according to IFRS or earlier data according to Swedish GAAP until 2004 by clicking the tabs below. Show earlier data by clicking the arrow in the table header.

SEK millionQ1/18Q4/17Q3/17Q2/17Q1/17Q4/16Q3/16Q2/16Q1/16Q4/15Q3/15Q2/15Q1/15Q4/14Q3/14Q2/14Q1/14Q4/13Q3/13Q2/13Q1/13Q4/12Q3/12Q2/12Q1/12Q4/11Q3/11Q2/11Q1/11Q4/10Q3/10Q2/10Q1/10Q4/09Q3/09Q2/09Q1/09Q4/08Q3/08Q2/08Q1/08
Sales2,9412,9512,9153,0532,8333,9574,1183,9203,5573,7193,7563,6443,3683,5363,4163,3393,0143,1783,2303,2202,9823,1483,2083,2132,9173,0643,0112,9442,6462,8013,8233,7013,2823,5453,6063,6663,3873,4803,2743,1642,693
Cost of goods sold-1,107-1,130-1,062-1,114-1,050-2,116-2,222-2,115-1,872-2,005-2,011-1,929-1,752-1,910-1,853-1,784-1,561-1,698-1,749-1,673-1,527-1,586-1,617-1,558-1,376-1,515-1,495-1,467-1,298-1,338-1,896-1,805-1,624-1,835-1,843-1,812-1,624-1,747-1,663-1,633-1,395
Gross profit1,8341,8211,8521,9391,7831,8411,8961,8041,6851,7141,7451,7151,6151,6271,5631,5551,4521,4811,4811,5461,4551,5621,5911,6551,5411,5491,5161,4781,3481,4631,9271,8961,6581,7101,7641,8541,7621,7331,6111,5311,298
Selling and administrative expenses-786-780-765-852-791-889-808-798-745-808-745-771-741-710-675-681-637-633-638-668-618-667-640-710-635-648-604-647-617-621-878-955-902-860-892-958-970-930-808-846-799
Share of profit/loss in associated companies and joint ventures -12145256556626611914075101674384818735917210766120717462-6514-20342455-3
Net gain from pension settlement-----------------------------59-----------
Income from defined benefit plan amendment-69---------------
Capital gain from transfer of businesses to STG-----------------------30-----585-----------
Gain on sale of subsidiary and related assets-------------------------------------73---
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 profit1,0471,1781,0881,0911,2359542,6941,0611,7119081,0651,0211,0149929899418589329249681,0319861,0221,0829721,0229839047931,4211,049945755850874899794880808691496
Dividend from STG -----------------------
Finance income1410912182315109964457889988101112681091086581035142741393340
Finance costs-87-96-101-101-98-109-165-100-116-137-111-119-118-137-134-133-134-137-151-146-144-146-152-151-140-142-140-140-138-207-134-134-115-121-152-122-135-137-154-150-153
Profit before income tax9741,1349971,0661,1568682,5459711,6047809609069008618628167328047828308958508819428388888537736651,221921816649739757791686784693574383
Income tax expense-208-231-244-254-224-206-239-220-200-145-219-200-179-161-167-165-152-128-154-163-154-63-188-183-170-183-169-157-132-148-192-180-130-143-142-168-159-97-72-95-78
Profit for the period from continuing operations7669047538129326622,3067521,4046367417057217006956515806756286677417876937596687056846165331,074729637519595615624527687621479304
Discontinued operations
Profit from discontinued operations, net after tax----------------------------------705414041503842
Profit for the period7669047538129326622,3067521,4046367417057217006956515806756286677417876937596687056846165331,0747296375195951,319664567728671517346
Attributable to:
Equity holders of the Parent7669047538129326622,3067511,4046367417057217006956515806756296677407876937596677056846155331,0737296365195951,319664567728671517346
Non-controlling interests000000000000000000-10000000000000000000000
Profit for the period7669047538129326622,3067521,4046367417057217006956515806756286677417876937596687056846165331,0747296375195951,319664567728671517346

2017 have been restated to reflect the recognition of revenue according to IFRS 15. As a consequence of the implementation of IFRS 15, Swedish Match segment reporting has changed as of 2017.

SEK million2017201620152014201320122011201020092008
Sales. including tobacco tax15,02528,48227,43825,90824,99125,44923,66225,06225,48322,793
Less tobacco tax-3,273-12,932-12,952-12,603-12,381-12,963-11,997-11,456-11,279-10,182
Sales11,75115,55114,48613,30512,61012,48611,66613,60614,20412,611
Cost of goods sold-4,356-8,325-7,697-7,109-6,647-6,138-5,774-6,662-7,114-6,437
Gross profit7,3967,2266,7896,1975,9636,3495,8926,9447,0896,174
Selling and administrative expenses-3,187-3,240-3,065-2,703-2,566-2,653-2,516-3,356-3,681-3,384
Share of net profit/loss in associated companies and joint venture 10180327285287337327-621011
Net gain from pension settlement-------59--
Income from defined benefit plan amendment69---------
Capital gain from transfer of businesses to STG-----30-585--
Gain on sale of subsidiary and related assets---------73
Gain on sale of real estate107---------
Relocation of distribution facilities ---42-------
Capital gain from sale of land----161-----
Sale of STG shares 1971,208--------
Gain on fair value of STG shares-902--------
Sale of distribution facility-145--------
Operating profit4,5926,4204,0083,7803,8554,0623,7024,1693,4172,874
Dividend from STG107---------
Finance income495322273438372786154
Finance costs-396-484-486-537-578-589-560-590-529-595
Net finance cost-240-431-463-510-544-551-523-562-443-441
Profit before income tax4,3535,9883,5453,2703,3103,5113,1803,6072,9742,433
Income tax expense-952-865-742-644-600-604-642-649-613-342
Profit for the year from continuing operations3,4005,1232,8032,6262,7112,9072,5382,9582,3612,091
Discontinued operations
Profit from discontinued operations. net after tax--------785170
Profit for the year3,4005,1232,8032,6262,7112,9072,5382,9583,1462,261
Attributable to:
Equity holders of the Parent3,4005,1232,8032,6252,7122,9062,5382,9573,1462,261
Non-controlling interests0000-101111
Profit for the year3,4005,1232,8032,6262,7112,9072,5382,9583,1462,261
Earnings per share. basic. SEK
From continuing operations18.8827.3814.4813.2313.6314.3312.1413.129.678.30
Including discontinued operations--------12.888.98
Earnings per share. diluted. SEK
From continuing operations18.8827.3814.4813.2213.6114.2512.0713.099.668.29
Including discontinued operations--------12.878.96

2017 have been restated to reflect the recognition of revenue according to IFRS 15. As a consequence of the implementation of IFRS 15, Swedish Match segment reporting has changed as of 2017.

Discontinued operations pertain to South African operations divested on July 2. 2009.