Below are the financial statements of Autoliv, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | 10,390a | 10,475a | 8,842a |
| Cost of sales | -8,463a | -8,654a | -7,446a |
| Gross profit | 1,927a | 1,822a | 1,396a |
| Selling, general and administrative expenses | -530a | -500a | -440a |
| Research, development and engineering expenses, net | -398a | -425a | -390a |
| Other income (expense), net | -19a | -207a | 93a |
| Operating income | 979a | 690a | 659a |
| Income from equity method investment | 7a | 5a | 3a |
| Interest income | 13a | 13a | 6a |
| Interest expense | -108a | -93a | -60a |
| Other non-operating items, net | -16a | -3a | -5a |
| Income before income taxes | 875a | 612a | 603a |
| Income tax expense | -227a | -123a | -178a |
| Net income | 648a | 489a | 425a |
| Less: net income attributable to non-controlling interest | 1a | 1a | 2a |
| Net income attributable to controlling interest | 646a | 488a | 423a |
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