Income statements per quarter - Group

Excel
Download xls
GROUP, SEK m Q4 2019 Q3 2019 Q2 2019 Q1 2019 Q4 2018
Net revenue1)
Property management 488.8 469.5 466.1 472.0 464.0
Parking operations 23.3 19.9 20.8 20.8 23.3
512.1 489.4 486.9 492.8 487.3
Property management expenses
Maintenance -8.6 -7.7 -7.3 -5.3 -5.4
Operation and administration -82.8 -63.8 -68.1 -72.3 -81.7
Ground rents -5.5
Property tax -50.2 -49.8 -50.4 -50.3 -41.5
Depreciation rights of use -3.1 -1.2 -1.3 -1.2
Property management expenses -144.7 -122.5 -127.1 -129.1 -134.1
Parking operations, expenses -13.3 -13.3 -13.0 -12.9 -12.8
Operating expenses -158.0 -135.8 -140.1 -142.0 -146.9
Gross profit 354.1 353.6 346.8 350.8 340.4
– of which Property management 344.1 347.0 339.0 342.9 329.9
– of which Parking operations 10.0 6.6 7.8 7.9 10.5
Central administration -15.6 -11.4 -11.4 -10.8 -13.8
Operating profit before items affecting comparability and changes in value 338.5 342.2 335.4 340.0 326.6
Items affecting comparability
Changes in value, investment properties 1,027.0 408.0 960.1 331.8 1,154.1
Changes in value, interest derivatives 0.4 1.1 2.2 4.1
Operating profit 1,365.5 750.6 1,296.6 674.0 1,484.8
Financial income and expense2) -29.9 -29.5 -30.7 -28.6 -26.3
Profit before tax 1,335.6 721.1 1,265.9 645.4 1,458.5
Tax -233.9 -157.6 -284.2 -145.9 -276.2
Profit after tax 1,101.7 563.5 981.7 499.5 1,182.3
Other comprehensive income
Total comprehensive income for the period 1,101.7 563.5 981.7 499.5 1,182.3
1) Service revenue totalled SEK 86.8 million, equivalent to 4% of the total net revenue for the period Jan-Dec 2019. The figure for Jan-Sep 2018 was SEK 59.1 million, equivalent to 4%, and for Jan-Dec 2018 SEK 77.7 million, equivalent to 4%.
2) The figure for Jan-dec 2019 includes SEK -22.4 million, which is attributable mainly to ground rents according to IFRS 16.