SEK M 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002
Net sales 296,031 303,589 257,375 208,487 294,932 276,795 249,020 231,191 202,171 174,768 177,080
Cost of sales (231,216) (233,097) (197,480) (179,578) (232,247) (214,160) (192,400) (180,823) (158,453) (141,256) (145,453)
Gross income 64,815 70,492 59,895 28,909 62,685 62,635 56,620 50,368 43,718 33,512 31,627
                       
Research and development expenses (14,794) (13,276) (12,970) (13,193) (14,348) (11,059) (8,354) (7,557) (7,614) (6,829) (5,869)
Selling expenses (26,582) (25,181) (22,649) (23,752) (25,597) (24,671) (19,999) (19,616) (18,317) (15,891) (15,393)
Administrative expenses (5,639) (4,753) (5,640) (5,838) (6,921) (7,092) (6,481) (6,147) (5,310) (5,259) (5,464)
Other operating income and expenses (1,600) (1,045) (659) (2,432) (1,457) 249 (3,275) (397) 7 (540) (2,989)
Income from Volvo Financial Services 2,033 1,365 926 490
Income from investments in associated companies (23) (82) (86) (15) 23 428 61 (568) 2 166 126
Income from other investments (46) (225) (57) (13) 69 93 141 37 828 (3,581) 309
Operating income 16,130 25,930 17,834 (16,333) 14,454 20,583 18,713 18,153 14,679 2,504 2,837