SEKm | Note | 2022 | 2021 |
Net sales | 3, 4 | ||
Cost of goods sold | 5, 7 | – | – |
Gross operating income | |||
Selling expenses | 5, 7 | – | – |
Administrative expenses | 5, 7 | – | – |
Other operating income/expenses | 5, 6 | – | – |
Operating income | |||
Financial items, net | 9 | – | – |
Income after financial items | |||
Taxes | 10 | – | – |
Income for the period |
SEKm | Note | 2022 | 2021 |
Items that will not be reclassified to income | |||
for the period: | |||
Remeasurement of provisions for post-employment benefits | 21 | – | |
Income tax relating to items that will not be reclassified | – | ||
Total | – | ||
Items that may be subsequently reclassified | |||
to income for the period: | |||
Exchange-rate differences on translation | |||
of foreign operations | |||
Other comprehensive income, net of tax | 11 | ||
Total comprehensive income for the period | |||
Income for the period attributable to: | |||
Equity holders of the Parent Company | |||
Total | |||
Total comprehensive income for the period | |||
attributable to: | |||
Equity holders of the Parent Company | |||
Total | |||
Earnings per share, SEK | 20 | ||
For income attributable to the equity holders | |||
of the Parent Company: | |||
Basic, SEK | |||
Diluted, SEK | |||
Average number of shares | 20 | ||
Basic, million | |||
Diluted, million |
December 31 | December 31 | ||
SEKm | Note | 2022 | 2021 |
ASSETS | |||
Non-current assets | |||
Property, plant and equipment, owned | 12 | ||
Property, plant and equipment, right-of-use | 8 | ||
Goodwill | 13 | ||
Other intangible assets | 13 | ||
Deferred tax assets | 10 | ||
Pension plan assets | 21 | ||
Other non-current assets | 14 | ||
Total non-current assets | |||
Current assets | |||
Inventories | 15 | ||
Trade receivables | 17, 18 | ||
Tax assets | |||
Other current assets | 16 | ||
Short-term financial assets | 18 | ||
Cash and cash equivalents | 18 | ||
Total current assets | |||
Total assets |
December 31 | December 31 | ||
SEKm | Note | 2022 | 2021 |
EQUITY AND LIABILITIES | |||
Equity attributable to equity holders | |||
of the Parent Company | |||
Share capital | 20 | ||
Other paid-in capital | 20 | ||
Other reserves | 20 | ||
Retained earnings | 20 | ||
Equity attributable to equity holders | |||
of the Parent Company | |||
Total equity | |||
Non-current liabilities | |||
Long-term borrowings | 18 | ||
Long-term lease liabilities | 18 | ||
Deferred tax liabilities | 10 | ||
Provisions for post-employment benefits | 21 | ||
Other provisions | 22 | ||
Total non-current liabilities | |||
Current liabilities | |||
Trade payables | 18 | ||
Tax liabilities | |||
Other liabilities | 23 | ||
Short-term borrowings | 18 | ||
Short-term lease liabilities | 18 | ||
Other provisions | 22 | ||
Total current liabilities | |||
Total equity and liabilities |
Attributable to equity holders of the Parent Company | ||||||
Share | Other | Other | Retained | Total | ||
SEKm | Note | capital | paid-in capital | reserves | earnings | equity |
Opening balance, January 1, 2021 | ||||||
Income for the period | – | – | – | |||
Remeasurement of provisions for post-employment benefits | – | – | – | |||
Exchange differences on translation of foreign operations | – | – | – | |||
Income tax relating to other comprehensive income | – | – | – | – | – | |
Other comprehensive income, net of tax | – | – | ||||
Total comprehensive income for the period | – | – | ||||
Dividend | – | – | – | – | – | |
Share-based incentive program | – | – | – | |||
Equity swap for share-based incentive program | – | – | – | – | – | |
Total transactions with equity holders | – | – | – | – | – | |
Closing balance, December 31, 2021 | ||||||
Opening balance, January 1, 2022 | ||||||
Income for the period | – | – | – | |||
Remeasurement of provisions for post-employment benefits | – | – | – | – | – | |
Exchange differences on translation of foreign operations | – | – | – | |||
Income tax relating to other comprehensive income | – | – | – | |||
Other comprehensive income, net of tax | – | – | – | |||
Total comprehensive income for the period | – | – | ||||
Dividend | – | – | – | – | – | |
Share-based incentive program | – | – | – | |||
Equity swap for share-based incentive program | – | – | – | – | – | |
Total transactions with equity holders | – | – | – | – | – | |
Closing balance, December 31, 2022 |
SEKm | Note | 2022 | 2021 |
Operations | |||
Operating income | |||
Depreciation and amortization | |||
Other non-cash items | |||
Interest and similar items received | |||
Interest and similar items paid | – | – | |
Taxes paid | – | – | |
Cash flow from operations, excluding change in operating assets and liabilities | |||
Change in operating assets and liabilities | |||
Change in inventories | – | – | |
Change in trade receivables | – | – | |
Change in accounts payable | |||
Change in other operating assets, liabilities and provisions | – | ||
Cash flow from change in operating assets and liabilities | – | ||
Cash flow from operations | |||
Investments | |||
Acquisition of operations | 25 | – | |
Divestment of operations | 25 | – | |
Capital expenditure in property, plant and equipment | 12 | – | – |
Capital expenditure in other intangibles | 13 | – | – |
Other | |||
Cash flow from investments | – | – | |
Cash flow from operations and investments | – |
SEKm | Note | 2022 | 2021 |
Financing | |||
Change in short-term investments, net | 18 | – | |
Change in short-term borrowings, net | 18 | – | |
New long-term borrowings | 18 | ||
Amortization of long-term borrowings | 18 | – | – |
Payment of lease liabilities | 18 | – | – |
Dividend | – | ||
Equity swap for share-based incentive program | – | – | |
Cash flow from financing | – | ||
Total cash flow | |||
Cash and cash equivalents at beginning of period | |||
Exchange-rate differences pertaining to cash | |||
and cash equivalents | |||
Cash and cash equivalents at end of period |
The consolidated financial statements include Electrolux | |
Professional AB and all companies over which the Parent Company |