SEK m | 2023 | 2022 | 2021 | 2020 | 2019 |
Current operations | |||||
Profit before tax | -2,535.2 | 904.3 | 3,726.1 | -1,833.2 | 3,968.0 |
Depreciation and impairment of assets | 52.8 | 53.4 | 38.9 | 78.6 | 52.8 |
Items affecting comparability | -187.8 | - | - | - | - |
Unrealized change in value, investment properties | 4,042.4 | 209.1 | -2,579.3 | 2,929.9 | -2,726.9 |
Unrealized change in value, interest derivatives | – | – | – | – | -3.7 |
Other changes | -2.4 | -0.4 | 5.3 | 0.5 | 6.0 |
Income tax paid | -70.4 | -91.2 | -110.3 | -99.3 | -138.0 |
Cash flow from current operations before changes in working capital | 1,299.4 | 1,075.2 | 1,080.7 | 1,076.5 | 1,158.2 |
Cash flow from changes in working capital | |||||
Decrease (+) / Increase (–) in inventories | -38.2 | -69.9 | -93.5 | – | – |
Decrease (+) / Increase (–) in operating receivables | -9.6 | -35.2 | -4.5 | -36.8 | 72.1 |
Decrease (-) / Increase (+) in operating liabilities | 133.7 | 54.2 | 11.6 | 32.5 | 136.8 |
Cash flow from current operations | 1,385.3 | 1,024.3 | 994.3 | 1,072.2 | 1,367.1 |
Investments | |||||
Acquisition of business | – | – | -39.8 | – | – |
Investment in intangible fixed assets | -30.8 | -15.7 | -8.9 | -43.2 | -58.6 |
Investment in properties | -1,238.3 | -966.3 | -573.8 | -885.9 | -865.2 |
Investment in equipment | -32.6 | -35.9 | -6.6 | -19.8 | -4.4 |
Disposal of equipment | 0.7 | 0.1 | 0.8 | – | – |
Cash flow from investments | -1,301.0 | -1,017.8 | -628.3 | -948.9 | -928.2 |
Financing | |||||
Loan raised | 5,200.0 | 2,800.0 | 4,250.0 | 3,450.0 | 5,350.0 |
Amortization of loans | -4,800.0 | -3,000.0 | -3,700.0 | -3,150.0 | -4,350.0 |
Amortization of lease liabilities | -8.7 | -9.5 | -11.8 | -41.4 | -40.3 |
Dividend paid | -546.2 | -526.0 | -505.8 | -804.4 | -763.2 |
Repurchase of own shares | – | – | – | -500.0 | – |
Cash flow from financing activities | -154.9 | -735.5 | 32.4 | -1,045.8 | 196.5 |
Cash flow for the year | -70.6 | -729.0 | 398.4 | -922.5 | 635.4 |
Cash and cash equivalents at the beginning of the year | 453.0 | 1,182.0 | 783.6 | 1,706.1 | 1,070.7 |
Cash and cash equivalents at the year-end | 382.4 | 453.0 | 1,182.0 | 783.6 | 1,706.1 |
Supplementary disclosures, cash flow statement | |||||
Interest received | 10.7 | 2.2 | 0.3 | 0.7 | 0.8 |
Interest paid | -289.4 | -141.6 | -115.9 | -125.2 | -116.8 |