Income statement

SEK million2016201520142013
Net sales 12,955 11,881 9,746  8,831
Cost of goods sold -8,607 -7,847 -6,464  -5,833
Gross profit 4,348 4,034 3,282  2,998
Development costs -156 -133 -107  -110
Selling costs -2,179 -2,044 -1,708  -1,601
Administrative expenses -791 -635 -535  -449
Other operating income and expenses 50 13 49  18
Operating profit 1,272 1,235 981  856
Net financial items -78 -98 -86  -100
Profit after financial items 1,194 1,137 895  756
Tax -258 -243 -192  -169
Net profit for the year 936 894  703  587