Securit as ’ fnancial model – consolidated s t atement of income Supplement ar y information M SEK 2012 2011 2010 Sales 64 039.8 58 995.6 59 097.5 Sales, acquired business 2 418.4 5 061.5 2 242.3 T ot al sales 66 458.2 64 057.1 61 339.8 Organic sale s gro w th, % 0 3 1 Production e xpenses -55 360.0 -52 977.4 -50 076.0 Gross income 11 098.2 11 079.7 11 263.8 Gro s s margin, % 16.7 17.3 18.4 Expenses for br anch ofces -3 828.5 -3 621.2 -3 656.3 Other sellin g and adminis tr ativ e e xpenses -4 199.7 -4 145.7 -3 895.0 T ot al e xpenses -8 028.2 -7 766.9 -7 551.3 Other oper atin g income 12.8 74.3 12.7 Share in income of associated companies 2.7 -2.4 -1.0 Oper atin g income before amortization 3 085.5 3 384.7 3 724.2 Operating margin, % 4.6 5.3 6.1 Amortization and impairment of acquisition related int an g ible assets -297.1 -218.2 -164.3 Acquisition related cos ts -49.5 -193.5 -89.6 Items afectin g compar abilit y -424.3 – – Oper atin g income after amortization 2 314.6 2 973.0 3 470.3 f inancial income and e xpenses -573.0 -493.0 -502.3 Income before t ax es 1 741.6 2 480.0 2 968.0 Ne t margin, % 2.6 3.9 4.8 T ax es -529.6 -741.4 -887.2 Net income for the y ear 1 212.0 1 738.6 2 080.8 n n n Oper atin g items. n n n Net debt -related items. n n n G oodwill, t ax es and non-oper atin g items. n n n Items related to shareholder s ’ equit y . Securit as ’ fnancial model is described on pa g es 50–51. 69 Securit as Annual R eport 2012 Annual R eport Consolidated fnancial s t atements