Income statements per year - Group

SEK m 2020 2019 2018 2017 2016
Net revenue          
Property management 1,767.9 1,896.4 1,797.1 1,750.6 1,703.1
Other operations 71.7 84.8 85.8 89.9 86.8
  1,839.6 1,981.2 1,882.9 1,840.5 1,789.9
           
Property management costs          
– Maintenance -27.0 -28.9 -24.5 -29.8 -29.0
– Operations and administration -298.1 -287.0 -283.1 -269.4 -262.2
– Ground rents - -21.8 -22.6 -21.8
– Property tax -200.3 -200.7 -165.9 -167.3 -164.5
– Depreciation -5.1 -6.8
Property management expenses -530.5 -523.4 -495.3 -489.1 -477.5
           
Other operations, costs -69.2 -52.5 -51.1 -50.7 -50.0
Cost of operations -599.7 -575.9 -546.4 -539.8 -527.5
           
Gross profit 1,239.9 1,405.3 1,336.5 1,300.7 1,262.4
– of which Property management 1,237.4 1,373.0 1,301.8 1,261.5 1,225.6
– of which Other operations 2.5 32.3 34.7 39.2 36.8
           
Central administration -47.4 -49.2 -43.5 -41.3 -42.9
Operating profit before changes in value and items affecting comparability 1,192.5 1,356.1 1,293.0 1,259.4 1,219.5
           
Items affecting comparability 35.9 -138.6
Changes in value, investment properties -2,929.9 2,726.9 3,620.8 2,848.2 4,160.1
Changes in value, interest derivatives - 3.7 26.6 61.6 45.4
Operating profit or loss -1,701.5 4,086.7 4,940.4 4,030.6 5,425.0
           
Financial income and expense          
Financial income 0.0 0.4 2.9 0.1 0.3
Financial expense -131.7 -119.1 -123.4 -135.8 -141.4
  -131.7 -118.7 -120.5 -135.7 -141.1
           
Profit or loss before tax -1,833.2 3,968.0 4,819.9 3,894.9 5,283.9
Tax 371.5 -821.6 -500.2 -859.9 -1,163.7
NET PROFIT OR LOSS FOR THE YEAR -1,461.7 3,146.4 4,319.7 3,035.0 4,120.2
           
Other comprehensive income -
TOTAL COMPREHENSIVE INCOME OR LOSS FOR THE YEAR -1,461.7 3,146.4 4,319.7 3,035.0 4,120.2