Income statements per quarter - Group

GROUP, SEK m Q1 2022 Q4 2021 Q3 2021 Q2 2021 Q1 2021
Net revenue1)
Property management, gross 499.0 488.4 494.4 494.7 459.0
Rent revenue, intra-Group -50.3 -44.3 -45.7 -29.3 -33.7
Property management, net 448.7 444.1 448.7 465.4 425.3
Other segments 195.1 258.9 183.7 169.5 92.3
643.8 703.0 632.4 634.9 517.6
Property management expenses
Maintenance -11.5 -9.7 -6.2 -4.7 -5.7
Operation and administration -85.7 -92.9 -72.0 -77.8 -83.4
Ground rents
Property tax -62.0 -51.1 -51.5 -50.7 -50.9
Depreciation rights of use -1.5 -1.4 -1.5 -1.4 -1.5
Property management expenses -160.7 -155.1 -131.2 -134.6 -141.5
Other segments, gross expenses -230.3 -249.8 -199.2 -175.8 -110.1
Rental expenses, intra-Group 50.3 44.3 45.7 29.3 33.7
Other segments, net expenses -180.0 -205.5 -153.5 -146.5 -76.4
Operating expenses -340.7 -360.6 -284.7 -281.1 -217.9
Gross profit 303.1 342.4 347.7 353.8 299.7
– of which Property management 288.0 289.0 317.5 330.8 283.8
– of which Other segments 15.1 53.4 30.2 23.0 15.9
Central administration -12.8 -21.2 -12.2 -12.3 -12.2
Operating profit before items affecting comparability and changes in value 290.3 321.2 335.5 341.5 287.5
Items affecting comparability
Changes in value, investment properties 227.0 1,844.1 328.4 642.4 -235.6
Changes in value, interest derivatives
Operating profit or loss 517.3 2,165.3 663.9 983.9 51.9
Financial income and expense -38.0 -37.6 -34.5 -33.2 -33.6
Profit or loss before tax 479.3 2,127.7 629.4 950.7 18.3
Tax -99.3 -443.5 -127.7 -195.0 -4.6
Net profit or loss 380.0 1,684.2 501.7 755.7 13.7
Other comprehensive income
Total comprehensive income or loss for the period 380.0 1,684.2 501.7 755.7 13.7
1) Service revenue totalled SEK 23.8 million for the period Jan-Mar 2022. The figure for Jan-Mar 2021 was SEK 21.6 million and for Jan-Dec 92.0 million.