CloseMove

$GsParseVar.SearchText$

Consolidated income statement

                
Amounts in SEK million, 1 January-31 December Note 2008 2007
Net sales 5, 6 164,549 143,639
Cost of products sold1 7 -122,961 -103,404
Gross profit   41,588 40,235
       
Other operating income 8 2,376 1,782
Selling expenses   -5,584 -4,915
Administrative expenses   -7,587 -7,578
Research and development costs   -1,529 -1,015
Other operating expenses 9 -796 -924
Participations in the results of associated companies 6, 23, 51 1,427 998
Operating profit (EBIT)2 6, 10, 11, 12, 49, 50 29,895 28,583
       
Financial income3 13 3,412 2,276
Financial expenses4 14 -9,809 -6,926
Profit before tax5   23,498 23,933
       
Income tax expense 16 -5,735 -3,247
Profit for the year6   17,763 20,686
       
Attributable to      
Equity holders of the Parent Company   17,095 19,769
Minority interests 17 668 917
Total   17,763 20,686
       
Earnings per share      
Number of shares in Vattenfall AB, thousands   131,700 131,700
Earnings per share, basic and diluted, SEK   129.80 150.11
Dividend, SEK million   6,9007 8,000
Dividend per share, SEK   52.397 60.74
       
Supplementary information      
Operating profit before depreciation and amortisation (EBITDA)   45,960 45,821
Financial items, net excl. discounting effects attributable to provisions, interest components related to pension costs and return from the Swedish Nuclear Waste Fund   -5,049 -3,040
       
1) Of which, depreciation, amortisation and impairment losses related to intangible assets (non-current) and property, plant and equipment   -15,508 -16,486
2) Of which, depreciation, amortisation and impairment losses related to intangible assets (non-current) and property, plant and equipment   -16,065 -17,238
2) Including items affecting comparability attributable to:
Capital gains/losses, net
  98 86
3) Including return from the Swedish Nuclear Waste Fund   1,452 843
4) Including interest components related to pension costs   -943 -811
4) Including discounting effects attributable to provisions   -2,800 -2,453
5) Including items affecting comparability attributable to:
Capital gains/losses, net
  124 97
6) Including items affecting comparability stated above adjusted for tax   95 136
7) Proposed dividend.      

© 2009 Vattenfall AB | 162 87 Stockholm | +46 8 739 50 00