AAK Annual Report 2020

SEK million Note Jan–Dec 2020 Jan–Dec 2019 Net sales 28 27,934 28,510 Other operating income 364 193 Total operating income 28,298 28,703 Raw materials and consumables and changes in inventories of finished goods and work in progress -19,969 -20,247 Goods for resale -603 -496 Other external expenses 5, 16, 28 -2,416 -2,685 Employee benefits expenses 6, 7, 8, 9 -2,334 -2,423 Depreciation, amortization and impairment loss 14, 15, 16 -755 -687 Other operating expenses -54 -23 Total operating expenses -26,131 -26,561 Operating profit (EBIT) 2,167 2,142 Result from financial items 10, 16 Financial income 19 26 Financial expenses -146 -157 Net financial items -127 -131 Profit before tax 2,040 2,011 Income tax 11, 16 -459 -498 Profit for the year 1,581 1,513 Attributable to: Non-controlling interests 18 26 Parent company shareholders 1,563 1,487 Earnings per share attributable to Parent shareholders (SEK per share) 12 6.16 5.86 Earnings per share including dilution (SEK per share) 12 6.13 5.84 Earnings per share including full dilution (SEK per share) 12 6.07 5.74 AAK Annual Report 2020 56  Consolidated Income Statement