New Wave Group Annual Report 2020 English | Page 87

Note 10 - Currency exposure in operating result
Note 11 - Financial income and expenses
NWG // FINANCIAL INFORMATION // THE GROUP
Buildings and land
Equipment , tools and installations
SEK million 2020 2019 2020 2019
Accumulated acquisition values Opening accumulated acquisition values
864.3
593.6
66.9
47.4
Acquisitions
116.1
282.3
28.0
19.4
Terminations
-25.8
-31.9
-7.4
-1.2
Translation differences
-68.8
20.3
-6.3
1.2
Closing accumulated acquistion values
885.8
864.3
81.2
66.9
Accumulated depreciations Opening accumulated depreciations
-105.4
0.0
-19.8
0.0
Terminations
7.3
3.7
4.1
0.5
Depreciations
-111.3
-106.5
-23.5
-19.9
Translation differences
15.1
-2.6
2.8
-0.4
Closing accumulated depreciations
-194.4
-105.4
-36.3
-19.8
Closing book value 691.4 758.9 44.9 47.1
SEK million
2020
2019
Gain or losses on right-of-use assets
0.3
0.3
Short-term lease expenses
-22.0
-30.6
Low value asset expenses
-5.1
-7.7
Variable lease expenses
-20.9
-29.6
Depreciation of right-of-use assets
-134.8
-126.4
Recognized in operating result
-182.5
-194.1
Refer to note 11 for interest expenses on the lease liabilities and note 16 for maturity analysis of the lease liabilities and note 19 for split between long-term and short-term lease liabilities . During 2020 , total cash outflows related to leases amounted to SEK 194.8 million , with a distribution of SEK 68.1 million within cash flow from operating activities and SEK 126.7 million within financing activities .
Note 10 - Currency exposure in operating result
Note 11 - Financial income and expenses
SEK million
2020
2019
Operating result Euro , EUR
171.9
136.0
Canadian dollar , CAD
-5.2
-30.1
Swiss franc , CHF
74.9
147.1
US dollar , USD
28.3
80.0
Norwegian krone , NOK
28.0
17.6
Danish krone , DKK
12.5
15.9
Chinese yuan , CNY
18.3
15.8
Polish zloty , PLN
-1.9
5.9
Hong Kong dollar , HKD
77.9
42.4
British pound , GBP
0.0
3.1
Icelandic krona , ISK
-1.1
-0.5
Total operating result in foreign currencies
403.7
433.2
SEK million
2020
2019
Interest income
2.6
5.8
Interest on overdue accounts receivable 0.8 2.6
Currency gains on financial receivables and
liabilities
0.7
0.5
Interest expense on interest-bearing liabilities
excl . lease liabilities
-44.7
-55.3
Interest expense on lease liabilities -20.1 -20.0 Interest expense on overdue accounts payable -0.3 -0.1
Currency losses on financial receivables and
liabilities
-3.4
-0.9
Other financial expenses
-0.6
-0.8
Total
-64.9
-68.2
The table shows currency exposed operating result per currency , before Group adjustments .
ANNUAL REPORT // 087