
Annual Report 2007 - Financial StatementsConsolidated Income Statements
| January-December | |||
| SEK in millions, except per share data | Note | 2007 | 2006 |
| Net sales | 6, 7 | 96,344 | 91,060 |
| Mobility Services | 44,519 | 41,949 | |
| Broadband Services | 41,273 | 40,880 | |
| Integrated Enterprise Services | 13,729 | 12,940 | |
| Eurasia | 10,338 | 8,508 | |
| Other operations | 647 | 527 | |
| Eliminations | -14,162 | -13,744 | |
| Net sales, total | 96,344 | 91,060 | |
| Cost of sales | 8 | -54,196 | -48,640 |
| Gross profit | 42,148 | 42,420 | |
| Selling and marketing expenses | 8 | -15,819 | -14,213 |
| Administrative expenses | 8 | -6,760 | -6,317 |
| Research and development expenses | 8 | -1,732 | -1,837 |
| Other operating income | 9 | 1,349 | 1,138 |
| Capital gains | 232 | 151 | |
| Exchange rate gains | 49 | 214 | |
| Commissions, etc. | 311 | 280 | |
| Grants, etc. | 24 | 15 | |
| Recovered accounts receivable, released accounts payable | 680 | 425 | |
| Compensation for damages | 53 | 53 | |
| Other operating income, total | 1,349 | 1,138 | |
| Other operating expenses | 9 | -728 | -1,281 |
| Capital losses | -44 | -60 | |
| Provisions for onerous contracts | 4 | - | |
| Exchange rate losses | -114 | -236 | |
| Restructuring costs | -366 | -928 | |
| Impairment charges | -171 | -30 | |
| Damages paid | -37 | -27 | |
| Other operating expenses, total | -728 | -1,281 | |
| Income from associated companies and joint ventures | 6, 12 | 7,697 | 5,579 |
| Svenska UMTS-nät AB, Sweden (joint venture) | -156 | -70 | |
| SIA Lattelecom, Latvia | 225 | 209 | |
| OAO MegaFon, Russia | 4,181 | 2,779 | |
| Turkcell Iletisim Hizmetleri A.S., Turkey | 2,725 | 2,021 | |
| Overseas Telecom AB, Sweden | 18 | 633 | |
| Telefos AB, Sweden | 640 | 37 | |
| Unisource N.V./AUCS, the Netherlands | 32 | 31 | |
| Other holdings | 32 | -61 | |
| Income from associated companies and joint ventures, total | 7,697 | 5,579 | |
| Operating income | 6 | 26,155 | 25,489 |
| Finance costs | 13 | -1,736 | -1,049 |
| Interest expenses | -1,948 | -1,038 | |
| Interest expenses on finance leases | -5 | -8 | |
| Unwinding of provision discounts | -26 | -77 | |
| Capitalized interest | 17 | 29 | |
| Net exchange rate gains and losses | 226 | 45 | |
| Finance costs, total | -1,736 | -1,049 | |
| Other financial items | 13 | 832 | 786 |
| Interest income | 736 | 576 | |
| Interest on finance leases | 52 | 46 | |
| Dividends from financial investments | 0 | 1 | |
| Capital gains/losses on financial investments available-for-sale | 49 | 191 | |
| Impairment losses on venture capital investments | -5 | -28 | |
| Other financial items, total | 832 | 786 | |
| Income after financial items | 25,251 | 25,226 | |
| Income taxes | 14 | -4,953 | -5,943 |
| Current taxes | -5,781 | -4,901 | |
| Deferred taxes | 828 | -1,042 | |
| Income taxes, total | -4,953 | -5,943 | |
| Net income | 20,298 | 19,283 | |
| Attributable to: | |||
| Shareholders of the parent company | 17,674 | 16,987 | |
| Minority interests | 2,624 | 2,296 | |
| Shareholders' earnings per share (SEK), basic and diluted | 21 | 3.94 | 3.78 |