SEK m | 2020 | 2019 | 2018 | 2017 | 2016 |
Current operations | |||||
Profit before tax | -1,833.2 | 3,968.0 | 4,819.9 | 3,894.9 | 5,283.9 |
Depreciation and impairment of assets | 78.6 | 52.8 | 8.6 | 3.7 | 3.0 |
Items affecting comparability | – | – | – | 138.6 | – |
Unrealized change in value, investment properties | 2,929.9 | -2,726.9 | -3,620.8 | -2,848.2 | -4,160.1 |
Unrealized change in value, interest derivatives | – | -3.7 | -26.6 | -61.6 | -45.4 |
Other changes | 0.5 | 6.0 | 3.4 | 1.3 | 1.9 |
Income tax paid | -99.3 | -138.0 | -162.2 | -150.6 | -105.7 |
Cash flow from current operations before changes in working capital | 1,076.5 | 1,158.2 | 1,022.3 | 978.1 | 977.6 |
Cash flow from changes in working capital | |||||
Decrease (+) / Increase (–) in operating receivables | -36.8 | 72.1 | -37.4 | -11.5 | 28.6 |
Decrease (-) / Increase (+) in operating liabilities | 32.5 | 136.8 | 18.0 | 32.5 | 22.5 |
Cash flow from current operations | 1,072.2 | 1,367.1 | 1,002.9 | 999.1 | 1,028.7 |
Investments | |||||
Investment in intangible fixed assets | -59.9 | -58.6 | -11.9 | – | – |
Investment in properties | -885.9 | -865.2 | -737.7 | -583.7 | -616.7 |
Investment in equipment | -3.1 | -4.4 | -5.6 | -3.6 | -2.2 |
Sale of equipment | – | – | – | – | 0.2 |
Cash flow from investments | -948.9 | -928.2 | -755.2 | -587.3 | -618.7 |
Financing | |||||
Loan raised | 3,450.0 | 5,350.0 | 7,100.0 | 4,000.0 | 3,300.0 |
Amortization of loans | -3,150.0 | -4,350.0 | -5,950.0 | -4,450.0 | -2,400.0 |
Amortization of lease liabilities | -41.4 | -40.3 | – | – | – |
Dividend paid | -804.4 | -763.2 | -721.9 | -680.7 | -639.4 |
Repurchase of own shares | -500.0 | – | – | – | – |
Cash flow from financing activities | -1,045.8 | 196.5 | 428.1 | -1,130.7 | 260.6 |
Cash flow for the year | -922.5 | 635.4 | 675.8 | -718.9 | 670.6 |
Cash and cash equivalents at the beginning of the year | 1,706.1 | 1,070.7 | 394.9 | 1,113.8 | 443.2 |
Cash and cash equivalents at the year-end | 783.6 | 1,706.1 | 1,070.7 | 394.9 | 1,113.8 |
Supplementary disclosures, cash flow statement | |||||
Interest received | 0.7 | 0.8 | 3.5 | 2.0 | 0.7 |
Interest paid | -125.2 | -116.8 | -100.6 | -130.2 | -134.3 |