Below are the financial statements of Telefonaktiebolaget LM Ericsson, 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 billions of SEK | 2024 2024-01-01 - 2024-12-31 | 2023 2023-01-01 - 2023-12-31 | 2022 2022-01-01 - 2022-12-31 |
|---|---|---|---|
| Net sales | 247.88a | 263.35a | 271.55a |
| Cost of sales | -138.52a | -161.75a | -158.25a |
| Gross income | 109.37a | 101.6a | 113.3a |
| Research and development expenses | -53.51a | -50.66a | -47.3a |
| Selling and administrative expenses | -51.66a | -39.26a | -35.69a |
| Impairment losses on trade receivables | -0.27a | -0.27a | -0.04a |
| Operating expenses | -105.44a | -90.19a | -83.03a |
| Other operating income | 3.23a | 0.99a | 1.23a |
| Other operating expenses | -2.6a | -32.86a | -4.49a |
| Share in earnings of associated companies | -0.25a | 0.12a | 0.02a |
| Earnings (loss) before financial items and income tax (EBIT) | 4.31a | -20.33a | 27.02a |
| Financial income | 2.73a | 2.15a | 0.78a |
| Financial expenses | -4.1a | -4.12a | -1.93a |
| Net foreign exchange gains/losses | -0.36a | -1.02a | -1.26a |
| Income (loss) after financial items | 2.59a | -23.32a | 24.61a |
| Income tax | -2.22a | -2.79a | -5.5a |
| Net income (loss) | 0.37a | -26.1a | 19.11a |
| Net income (loss) attributable to | — | — | — |
| Owners of the parent company | 0.02a | -26.45a | 18.72a |
| Non-controlling interests | 0.35a | 0.34a | 0.39a |
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