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This chapter is covered by the Auditors' Report.

Parent Company Income Statement

Years ended December 31, SEK million Notes 2008 2007 2006 1)
Net sales 1) P2 5,086 3,236 2,601
Cost of sales –669 –368 –285
Gross income 4,417 2,868 2,316
       
Selling expenses 2) –1,113 –632 –206
Administrative expenses –1,271 –719 –1,072
Operating expenses –2,384 –1,351 –1,278
         
Other operating income and expenses 1) P3 3,065 2,723 2,339
Operating income 5,098 4,240 3,377
         
Financial income P4 24,131 13,747 12,811
Financial expenses P4 –9,791 –3,262 –2,549
Income after financial items 19,438 14,725 13,639
 
Transfers to (–)/from untaxed reserves
Changes in depreciation in excess of plan P15 –251 –448 –631
Changes in other untaxed reserves
P15		 –227 183 543
–478 –265 –88
         
Taxes
P5		 –1,733 –1,315 –1,189
Net income 17,227 13,145 12,362
1) License revenues are from 2007 included in Net sales, instead of in Other operation income and expenses, and 2006 has been restated accordingly.
2) Selling expenses include the net effect of risk provisions for customer finance of SEK 39 million in 2008 (SEK 133 million in 2007 and SEK 1,262 million in 2006).