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ERICSSON LM TELEPHONE CO (ERIC)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-19Dec-31-18Dec-31-17Dec-31-13Dec-31-12Dec-31-11
   20-F20-F20-FS-1/AS-1/AS-1/A
Revenues   [+]0004801,3511,550
            Revenue growth     -64.5%-12.8% 
Cost of goods sold  0004548531,055
Gross profit  00026498495
            Gross margin     5.4%36.9%31.9%
Selling, general and administrative     59250290
Research and development     1931,1651,065
EBITDA   [+]   -206-1,835-628
            EBITDA margin     -42.9%-135.8%-40.5%
Depreciation and amortization     46202247
EBIT   [+]000-252-2,037-875
            EBIT margin     -52.5%-150.8%-56.5%
Interest expense     84626
Pre-tax income  000-260-2,083-901
Income taxes  000911128
Minority interest      1 
Net income  000-269-2,093-1,029
            Net margin     -56.0%-154.9%-66.4%
   
   
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

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