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INCOME STATEMENTS
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The Boliden Group
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2008 | 2009 | 2010 | 2011 | 2012 |
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Revenues
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30,987 | 27,635 | 36,716 | 40,323 | 40,001 |
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Cost of goods sold
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(28,832) | (22,957) | (30,038) | (34,404) | (34,636) |
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Gross profit
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2,155 | 4,678 | 6,678 | 5,919 | 5,365 |
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Selling expenses
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(502) | (408) | (408) | (384) | (385) |
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Administrative expenses
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(411) | (534) | (431) | (540) | (558) |
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Research and development costs
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(377) | (218) | (286) | (358) | (429) |
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Other operating income/expenses
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136 | 105 | 90 | 111 | 77 |
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Results from participations in associated companies
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3 | - | - | - | 1 |
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Operating profit
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1,004 | 3,623 | 5,643 | 4,748 | 4,071 |
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Financial income
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37 | 11 | 7 | 71 | 92 |
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Financial expenses
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(318) | (257) | (319) | (259) | (271) |
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Profit after financial items
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723 | 3,377 | 5,331 | 4,560 | 3,892 |
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Taxes
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212 | (876) | (1,374) | (1,171) | (618) |
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Profit for the year
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935 | 2,501 | 3,957 | 3,389 | 3,274 |
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REPORT OF COMPREHENSIVE INCOME
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The Boliden Group
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2009 | 2010 | 2011 | 2012 | |
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Profit for the year
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2,501 | 3,957 | 3,389 | 3,274 | |
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Other comprehensive income
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Cash flow hedging
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Change in market value of derivative instruments
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(1,867) | (305) | 523 | (147) | |
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Fiscal effect on derivative instruments
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490 | 80 | (138) | 39 | |
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Transfers to the Income Statement
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(991) | (431) | (297) | (201) | |
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Tax on transfers to the Income Statement
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261 | 113 | 78 | 53 | |
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Effect of change in tax rate, market value of derivative instruments
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0 | 0 | 0 | (8) | |
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(2,107) | (543) | 167 | (265) | |
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The period's translation difference on overseas operations
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(251) | (697) | (32) | (169) | |
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Profit on hedging on net investments in overseas operations
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338 | 942 | 42 | 219 | |
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Tax on the profit from hedging instruments
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(89) | (248) | (11) | (48) | |
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(2) | (3) | (1) | 2 | |
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Other items included in comprehensive income
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(1) | 0 | 0 | 0 | |
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Total other comprehensive income
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(2,110) | (546) | 166 | (263) | |
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Comprehensive income for the period
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391 | 3,411 | 3,555 | 3,011 | |