New Wave Group Annual Report 2021 - EN | Page 93

Note 10 - Currency exposure in operating result
Note 11 - Financial income and expenses
NWG // FINANCIAL INFORMATION // THE GROUP
Right-of-use assets
Buildings and land
Equipment , tools and installations
SEK million 2021 2020 2021 2020
Accumulated acquisition values Opening accumulated acquisition values
885.8
864.3
81.2
66.9
Acquisitions
30.8
116.1
22.5
28.0
Terminations
-38.5
-25.8
-7.1
-7.4
Translation differences
66.1
-68.8
7.3
-6.3
Closing accumulated acquistion values
944.2
885.8
103.9
81.2
Accumulated depreciations Opening accumulated depreciations
-194.4
-105.4
-36.3
-19.8
Terminations
14.8
7.3
5.0
4.1
Depreciations
-112. 0
-111.3
-20.6
-23.5
Translation differences
-21.7
15.1
-4.0
2.8
Closing accumulated depreciations
-313.3
-194.4
-55.9
-36.3
Closing book value 630.9 691.4 48.0 44.9
SEK million
2021
2020
Gain or losses on right-of-use assets
1.0
0.3
Short-term lease expenses
-18.7
-22.0
Low value asset expenses
-6.7
-5.1
Variable lease expenses
-14.3
-20.9
Depreciation of right-of-use assets
-132.6
-134.8
Recognized in operating result
-171.3
-182.5
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 2021 , total cash outflows related to leases amounted to SEK 185.8 million , with a distribution of SEK 59.3 within cash flow from operating activities and SEK 126.6 million within financing activities .
Note 10 - Currency exposure in operating result
Note 11 - Financial income and expenses
SEK million
2021
2020
Operating result Euro , EUR
258.0
171.9
Canadian dollar , CAD
11 . 5
-5.2
Swiss franc , CHF
97.3
74.9
US dollar , USD
207.6
28.3
Norwegian krone , NOK
56.0
28.0
Danish krone , DKK
24.3
12.5
Chinese yuan , CNY
36.8
18.3
Polish zloty , PLN
4.2
-1.9
Hong Kong dollar , HKD
86.9
77.9
British pound , GBP
3.2
0.0
Icelandic krona , ISK
-0.2
-1.1
Total operating result in foreign currencies
785.6
403.7
SEK million
2021
2020
Interest income
1.1
2.6
Interest on overdue accounts receivable 0.9 0.8
Currency gains on financial receivables and
liabilities
1.0
0.7
Interest expense on interest-bearing liabilities
excl . lease liabilities
-24.2
-44.7
Interest expense on lease liabilities -19.6 -20.1 Interest expense on overdue accounts payable -0.1 -0.3
Currency losses on financial receivables and
liabilities
-1.2
-3.4
Other financial expenses
-0.9
-0.6
Total
-43.0
-64.9
The table shows currency exposed operating result per currency , before Group adjustments .
ANNUAL REPORT // 093