New Wave Group Annual Report 2024 | Page 111

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 2024 2023 2024 2023
Accumulated acquisition values Opening accumulated acquisition values
1, 047.0
1,056.5
130.9
133.1
Acquisitions
292.5
12.9
36.2
12.8
Terminations
-173.2
-50.4
-21.6
-21.0
Translation differences
29.3
28.0
3.9
6.0
Closing accumulated acquistion values
1,195.6
1,047.0
149.4
130.9
Accumulated depreciations Opening accumulated depreciations
-548.0
-428.1
-88.0
-81.7
Terminations
151.5
50.4
24.3
21.0
Depreciations
-149.0
-128.5
-26.7
-22.6
Translation differences
-11. 0
-41.8
-1.8
-4.7
Closing accumulated depreciations
-556.6
-548.0
-92.2
-88.0
Closing book value 639.0 499.1 57.2 42.9
SEK million
2024
2023
Gain or losses on right-of-use assets
0.9
0.0
Short-term lease expenses
-31.6
-32.0
Low value asset expenses
-2.8
-4.6
Variable lease expenses
-37.9
-55.5
Depreciation of right-of-use assets
-175.8
-151.1
Recognized in operating result
-247.3
-243.2
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 2024, total cash outflows related to leases amounted to SEK 267,6 million, with a distribution of SEK 92.9 within cash flow from operating activities and SEK 174.7 million within financing activities.
Note 10- Currency exposure in operating result
Note 11- Financial income and expenses
SEK million
2024
2023
Operating result Euro, EUR
419.6
480.1
Canadian dollar, CAD
0.8
17.8
Swiss franc, CHF
135.2
166.9
US dollar, USD
265.0
302.1
Norwegian krone, NOK
36.0
33.3
Danish krone, DKK
52.7
60.6
Chinese yuan, CNY
68.1
55.1
Polish zloty, PLN
13.6
11. 2
Hong Kong dollar, HKD
94.8
134. 4
British pound, GBP
37.4
58.3
Icelandic krona, ISK
-1.7
-1.3
Total operating result in foreign currencies
1,121.4
1,318.5
SEK million
2024
2023
Interest income
9.0
4.5
Interest on overdue accounts receivable 1.0 1.1
Currency gains on financial receivables and
liabilities
0.7
4.0
Interest expense on interest-bearing liabilities
excl. lease liabilities
-112. 5
-121.7
Interest expense on lease liabilities-24.0-13.4 Interest expense on overdue accounts payable-0.4-0.1
Currency losses on financial receivables and
liabilities
-2.3
-11.1
Other financial expenses
-0.5
-1.0
Total
-128.9
-137.7
The table shows currency exposed operating result per currency, before Group adjustments.
ANNUAL REPORT / / 111