GROUP CONSOLIDATED INCOME STATEMENT

    1 January–31 December
    2016  2017 
   Note MSEK  MSEK 
Revenue      
Ferry Operations   12,592 12,737
Offshore Drilling   7,360 3,507
Shipping    2,750 5,610
Property   2,554 2,779
New Businesses   6,734 6,804
Other   832 273
Total revenue   32,822 31,710
       
Net result on sale of non-current assets  4 474 1,073
Total other income   474 1,073
       
Change in fair value of investment properties 12 1,503 940
       
Total income 3 34,799 33,723
       
Direct operating expenses      
Ferry Operations   –8,737 –8,856
Offshore Drilling   –2,919 –1,833
Shipping   –1,545 –4,369
Property   –867 –908
New Businesses   –4,962 –4,999
Other   –420 –126
Total direct operating expenses   19,450 21,091
       
Gross profit   15,349 12,632
       
Selling expenses   –1,359 –1,235
Administrative expenses  5 –2,966 –2,786
Depreciation, amortisation and impairment  3, 9, 10, 11 –7,011 –5,802
Operating profit  3 4,013 2,809
       
Result from investments in strategic associates  6 66 74
Dividends received   114 96
Result on sale of securities   387 565
Interest income   277 273
Interest expenses   –2,385 –2,110
Exchange gains/losses   13 –61
Other finance income/costs   –223 –303
Financial net  7 –1,751 –1,466
       
Profit before tax   2,262 1,343
       
Income taxes  8 256 –855
Profit for the year    2,518 488
       
Profit for the year attributable to:      
Shareholders of the Parent company   2,531 506
Non-controlling interests   –13 –18
Profit for the year   2,518 488