Autoliv, inc. (ALV)
Income statement / Yearly
Dec'19Dec'18Dec'17Dec'16Dec'15Dec'14Dec'13Dec'12Dec'11Dec'10Dec'09Dec'08
Net sales

8,547

8,678

8,136

7,921

9,169

9,240

8,803

8,266

8,232

7,170

5,120

6,473

Cost of sales

6,963

6,966

6,457

6,293

7,325

7,436

7,098

6,620

6,504

5,578

4,272

5,349

Gross profit

1,584

1,711

1,679

1,628

1,844

1,803

1,704

1,646

1,727

1,592

847

1,124

Selling, general and administrative expenses

398

390

406

394

411

414

389

366

368

327

299

354

Research, development and engineering expenses, net

405

412

370

357

523

535

489

455

441

361

322

367

Goodwill, impairment charge

-

-

-

-

0

-

-

-

-

-

-

-

Amortization of intangibles

11

11

11

10

19

16

20

20

18

18

23

23

Other income (expense), net

-42

-211

-31

-34

-161

-114

-43

-98

-9

-16

-133

-72

Operating income

725

686

859

831

727

722

761

705

889

869

68

306

Income from equity method investment

2

3

1

2

4

6

7

8

6

5

3

3

Interest income

3

6

7

4

2

4

3

3

4

3

5

12

Interest expense

69

66

61

62

65

63

32

41

62

54

68

72

Other non-operating items, net

-13

-18

-15

8

5

-3

-5

-6

4

-6

-4

-1

Loss on extinguishment of debt

-

-

-

-

-

-

-

-

-6

-12

-

-

Income before income taxes

648

612

792

784

675

667

734

668

828

805

5

248

Income tax expense

185

234

204

224

218

198

244

183

201

210

-7

76

Income from continuing operations

462

377

588

559

-

-

-

-

-

-

-

-

Loss from discontinued operations, net of income taxes

-

-193

-285

1

-

-

-

-

-

-

-

-

Net income

462

183

303

561

457

469

489

485

627

595

12

172

Less: Net income from continuing operations attributable to non-controlling interest

1

1

2

1

-

-

-

-

-

-

-

-

Less: Net loss from discontinued operations attributable to non-controlling interest

-

-8

-126

-7

-

-

-

-

-

-

-

-

Less: Net income attributable to non-controlling interest

-

-

-

-

0

1

4

2

3

4

2

7

Net income attributable to controlling interest

461

190

427

567

456

467

485

483

623

590

10

164

Amounts attributable to controlling interest:
Net income from continuing operations

461

375

586

558

-

-

-

-

-

-

-

-

Net loss from discontinued operations

-

-185

-158

8

-

-

-

-

-

-

-

-

Net income attributable to controlling interest

461

190

427

567

-

-

-

-

-

-

-

-

Earnings per share continuing operations - basic

5.29

4.32

6.70

6.33

-

-

-

-

-

-

-

-

Loss per share discontinuing operations - basic

-

-2.13

-1.82

0.10

-

-

-

-

-

-

-

-

Earnings per share – basic

5.29

2.19

4.88

6.43

5.18

5.08

5.09

5.17

6.99

6.77

0.12

2.29

Earnings per share continuing operations - diluted

5.29

4.31

6.68

6.32

-

-

-

-

-

-

-

-

Loss per share discontinuing operations - diluted

-

-2.13

-1.81

0.10

-

-

-

-

-

-

-

-

Earnings per share – diluted

5.29

2.18

4.87

6.42

5.17

5.06

5.07

5.08

6.65

6.39

0.12

2.28

Weighted average number of shares outstanding, net of treasury shares (in millions)

87

87

87

88

88

92

95

93

89

87

81

71

Weighted average number of shares outstanding, assuming dilution and net of treasury shares (in millions)

87

87

87

88

88

92

95

95

93

92

84

72

Cash dividend per share – declared

2.48

2.48

2.40

2.32

2.24

2.14

2.02

1.94

1.78

1.05

-

1.42

Cash dividend per share – paid

2.48

2.46

2.38

2.30

2.22

2.12

2.00

1.89

1.73

0.65

0.21

-