Cash flow statements per year - Group

SEK m 2022 2021 2020 2019 2018
Current operations          
Profit before tax 904.3 3,726.1 -1,833.2 3,968.0 4,819.9
Depreciation and impairment of assets 53.4 38.9 78.6 52.8 8.6
Unrealized change in value, investment properties 209.1 -2,579.3 2,929.9 -2,726.9 -3,620.8
Unrealized change in value, interest derivatives -3.7 -26.6
Other changes -0.4 5.3 0.5 6.0 3.4
Income tax paid -91.2 -110.3 -99.3 -138.0 -162.2
Cash flow from current operations before changes in working capital 1,075.2  1,080.7 1,076.5 1,158.2 1,022.3
           
Cash flow from changes in working capital          
Decrease (+) / Increase (–) in inventories -69.9 -93.5
Decrease (+) / Increase (–) in operating receivables -35.2 -4.5  -36.8 72.1 -37.4
Decrease (-) / Increase (+) in operating liabilities 54.2  11.6 32.5 136.8 18.0
Cash flow from current operations 1,024.3   994.3 1,072.2 1,367.1 1,002.9
           
Investments          
Acquisition of business -39.8 
Investment in intangible fixed assets -15.7 -8.9  -43.2 -58.6 -11.9
Investment in properties -966.3 -573.8  -885.9 -865.2 -737.7
Investment in equipment -35.9 -6.6  -19.8 -4.4 -5.6
Disposal of equipment 0.1 0.8 
Cash flow from investments -1,017.8  -628.3  -948.9 -928.2 -755.2
           
Financing          
Loan raised 2,800.0 4,250.0  3,450.0 5,350.0 7,100.0
Amortization of loans -3,000.0 -3,700.0  -3,150.0 -4,350.0 -5,950.0
Amortization of lease liabilities -9.5 -11.8  -41.4 -40.3
Dividend paid -526.0 -505.8  -804.4 -763.2 -721.9
Repurchase of own shares -500.0
Cash flow from financing activities -735.5  32.4  -1,045.8 196.5 428.1
           
Cash flow for the year -729.0   398.4 -922.5 635.4 675.8
Cash and cash equivalents at the beginning of the year 1,182.0  783.6  1,706.1 1,070.7 394.9
Cash and cash equivalents at the year-end 453.0  1,182.0  783.6 1,706.1 1,070.7
           
Supplementary disclosures, cash flow statement          
Interest received 2.2 0.3  0.7 0.8 3.5
Interest paid -141.6 -115.9 -125.2 -116.8 -100.6