New Wave Group Annual Report 2023 | 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 2023 2022 2023 2022
Accumulated acquisition values Opening accumulated acquisition values
1 056.5
944.2
133.1
103.9
Acquisitions
12.9
120.9
12.8
26.3
Terminations
-50.4
-48.0
-21.0
-2.9
Translation differences
28.0
39.4
6.0
5.8
Closing accumulated acquistion values
1 047.0
1 056.5
130.9
133.1
Accumulated depreciations Opening accumulated depreciations
-428.1
-313.3
-81.7
-55.9
Terminations
50.4
29.8
21.0
1.3
Depreciations
-128.5
-125.4
-22.6
-23.6
Translation differences
-41.8
-19.2
-4.7
-3.5
Closing accumulated depreciations
-548.0
-428.1
-88.0
-81.7
Closing book value 499.1 628.5 42.9 51.4
SEK million
2023
2022
Gain or losses on right-of-use assets
0.0
1.7
Short-term lease expenses
-32.0
-28.1
Low value asset expenses
-4.6
-6.3
Variable lease expenses
-55.5
-9.2
Depreciation of right-of-use assets
-151.1
-149.0
Recognized in operating result
-243.2
-190.9
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 2023 , total cash outflows related to leases amounted to SEK 263.6 ( 215.4 ) million , with a distribution of SEK 115.0 ( 77.2 ) million within cash flow from operating activities and SEK 148.7 ( 138.2 ) million within financing activities .
Note 10 - Currency exposure in operating result
Note 11 - Financial income and expenses
SEK million
2023
2022
Operating result Euro , EUR
480.1
410.3
Canadian dollar , CAD
17.8
22.3
Swiss franc , CHF
166.9
240.8
US dollar , USD
302.1
319.1
Norwegian krone , NOK
33.3
57.2
Danish krone , DKK
60.6
53.9
Chinese yuan , CNY
55.1
70.0
Polish zloty , PLN
11.2
11 . 8
Hong Kong dollar , HKD
134.4
177.2
British pound , GBP
58.3
37.3
Icelandic krona , ISK
-1.3
-1.4
Total operating result in foreign currencies
1 318.5
1 398.5
SEK million
2023
2022
Interest income
4.5
2.7
Interest on overdue accounts receivable 1.1 1.0
Currency gains on financial receivables and
liabilities
4.0
0.0
Interest expense on interest-bearing liabilities
excl . lease liabilities
-121.7
-36.5
Interest expense on lease liabilities -13.4 -16.4 Interest expense on overdue accounts payable -0.1 -0.1
Currency losses on financial receivables and
liabilities
-11.1
-4.3
Other financial expenses
-1.0
-1.4
Total
-137.7
-55.0
The table shows currency exposed operating result per currency , before Group adjustments .
ANNUAL REPORT // 093