GROUP Consolidated Income Statement

    1 January–31 December
  Note 2015
MSEK
2016
MSEK
Revenue      
Ferry Operations   12,491 12,592
Offshore Drilling   7,891 7,360
Shipping   3,623 2,750
Property   2,515 2,554
New Businesses   6,752 6,734
Other   117 832
Total revenue   33,389 32,822
       
Net result on sale of non-current assets 4 2,279 474
Total other income   2,279 474
       
Change in fair value of investment properties 12 749 1,503
       
Total income 3 36,417 34,799
       
Direct operating expenses      
Ferry Operations   –9,272 –8,737
Offshore Drilling   –3,209 –2,919
Shipping   –1,503 –1,545
Property   –820 –867
New Businesses   –4,940 –4,962
Other   –69 –420
Total direct operating expenses   –19,813 –19,450
       
Gross profit   16,604 15,349
       
Selling expenses   –1,414 –1,359
Administrative expenses 5 –2,793 –2,966
Depreciation, amortisation and impairment 3, 9, 10, 11 –5,596 –7,011
Operating profit 3 6,801 4,013
       
Result from investments in strategic associates 6 60 66
Dividends received   136 114
Result on sale of securities   –35 387
Interest income   213 277
Interest expenses   –2,431 –2,385
Exchange gains/losses   81 13
Other finance income/costs   –321 –223
Financial net 7 –2,297 –1,751
       
Profit before tax   4,504 2,262
       
Income taxes 8 –516 256
Profit for the year   3,988 2,518
       
Profit for the year attributable to:      
Shareholders of the Parent company   3,990 2,531
Non-controlling interests   –2 –13
Profit for the year   3,988 2,518