Parent Company cash flow statement
| SEK m | Note | 2021 | 2020 |
|---|---|---|---|
| OPERATING ACTIVITIES | |||
| Profit before appropriations and taxes | 82 | 341 | |
| of which, paid-in interest | 944 | 1,450 | |
| of which, interest paid | -502 | -434 | |
| Adjustment for other items not included in cash flow | |||
| Depreciation and amortisation on tangible and intangible assets | 68 | 62 | |
| Impairment of shares in subsidiaries | 72 | 116 | |
| Unrealised component of net income from financial transactions | -76 | 96 | |
| Impairment gains and losses | -8 | 41 | |
| Increase/decrease in accrued interest income and interest expense | -568 | -168 | |
| Increase/decrease in provisions | -2 | -16 | |
| Derecognition gains and losses | 2 | 1 | |
| Other items | -107 | -31 | |
| Adjustment for items included in investing activities | |||
| Dividend from subsidiaries | - | -302 | |
| Realised profit from divestment of shares and participations in joint ventures | -66 | -58 | |
| Income tax paid | -98 | -15 | |
| Amortisations on acquired loan portfolios | 1,493 | 1,235 | |
| Increase/decrease in other assets and liabilities | 201 | 1,355 | |
| Cash flow from operating activities | 993 | 2,657 |
| INVESTING ACTIVITIES | Note | 2021 | 2020 |
|---|---|---|---|
| Acquired loan portfolios | -933 | -869 | |
| Disposed loan portfolios | 2 | - | |
| Loans to Group companies | -1,560 | -437 | |
| Repaid loans, Group companies | 1,354 | 1,912 | |
| Investments in bonds and other securities | -1,109 | -2,069 | |
| Divestments of bonds and other securities | 1,691 | 751 | |
| Dividend from subsidiaries recevied | - | 302 | |
| Other cash flows from investing activities | -18 | -6 | |
| Cash flow from investing activities | -573 | -416 |
| FINANCING ACTIVITIES | Note | 2021 | 2020 |
|---|---|---|---|
| Deposits from the public | 117 | -3,272 | |
| Debt securities issued | - | 2,018 | |
| Repurchase and repayment of Debt securites issued | -1,445 | -1,352 | |
| Additional tier 1 capital | - | 414 | |
| Interest paid on Additional Tier 1 capital | -90 | -60 | |
| Acquisition agreement for treasury shares | - | -8 | |
| Cash flow from financing activities | 32 | -1,418 | -2,260 |
| Cash flow for the year | -998 | -19 | |
| Cash at beginning of the year | 3,576 | 3,602 | |
| Translation difference | -9 | -7 | |
| Cash at end of the year 1) | 2,569 | 3,576 |
1) Cash and cash equivalents in cash flow statement
| SEK m | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|
| Cash | 0 | 0 |
| Treasury bills and Treasury bonds | 1,576 | 2,411 |
| Lending to credit institutions | 1,467 | 1,611 |
| excl. pledged bank balances | 0 | 0 |
| Liabilities to Group companies, group account | -474 | -446 |
| Total cash and cash equivalents in cash flow statement | 2,569 | 3,576 |