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 |