VOLCAR IL B — Volvo Car AB Income Statement

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Annual income statement for Volvo Car AB, fiscal year end - December 31st, SEK millions except per share, conversion factor applied.

	2019 December 31st	R2020 December 31st	2021 December 31st	2022 December 31st	2023 December 31st
Period Length:	12 M	12 M	12 M	12 M	12 M
Source:	ARS	Interim Report	ARS	ARS	ARS
Standards:	IFRS	—	IFRS	IFRS	IFRS
Status:	Final	Final	Final	Final	Final
Revenue
Total Revenue	274,117	262,833	282,045	330,145	399,343
Cost of Revenue
Gross Profit	51,154	45,248	60,413	60,332	77,621
Selling / General / Administrative Expenses
Research And Development
Depreciation and Amortization
Unusual Expense / Income
Other Operating Expenses
Total Operating Expenses	259,814	254,317	261,770	307,813	379,404
Operating Profit	14,303	8,516	20,275	22,332	19,939
Total Net Non Operating Interest Income / Expense
Other Net Non Operating Costs
Net Income Before Taxes	13,168	9,546	18,760	20,815	20,860
Provision for Income Taxes
Net Income After Taxes	9,603	7,788	14,177	17,003	14,066
Minority Interest
Net Income Before Extraordinary Items
Net Income	7,115	5,834	12,546	15,577	13,053
Adjustments to Net Income
Income Available to Common Shareholders Excluding Extraordinary Items
Income Available to Common Shareholders Including Extraordinary Items
Diluted Net Income	7,115	5,708	12,186	15,577	13,053
Diluted Weighted Average Shares
Basic EPS Including Extraordinary Items
Diluted EPS Including Extraordinary Items
Diluted EPS Excluding Extraordinary Items
Normalised Income Before Taxes
Normalised Income After Taxes
Normalised Income Available to Common Shareholders
Diluted Normalised EPS	11.2	7.41	4.61	3.62	4.56
Dividends per Share