Notes for P&L
All amounts in SEKm unless otherwise stated
Note 17 Leases
| Group | ||
|---|---|---|
| Maturity structure lease liabilities | 2022 | 2021 |
| Within one year | 133 | 122 |
| 1-2 years | 81 | 52 |
| 2-3 years | 58 | 80 |
| 3-4 years | 25 | 35 |
| 4-5 years | 16 | 15 |
| Later than 5 years | 59 | 38 |
| Total undiscounted lease payments | 371 | 342 |
| Carrying amount | 356 | 339 |
| Group | ||
| Revenue and costs from lease agreements | 2022 | 2021 |
| Lease payments received | 2 | 3 |
| Lease costs | ||
| Depreciation of right-of-use assets | -154 | -122 |
| Interest on lease liabilities | -5 | -3 |
| Cost for short-term leasing | -1 | -1 |
| Cost for leases of low-value | -1 | -1 |
| Total | -161 | -127 |
Accounting principle
Lease liabilities includes the present value of the following lease payments:
- Fixed payments (including fees that are fixed in substance)
- Variable lease fees depending on an index or price
- Guaranteed residual value that the lessee expects to pay to the lessor
- The exercise price of a call option, if it is reasonably certain that the lessee will exercise the option, and
- The fine for terminating the lease, if the length of the lease reflects the assumption that the lessee will take advantage of this opportunity
Lease payments are discounted with a discount rate based on the country's underlying currency, exchange rate, length of contract and underlying interest with a supplement for company-specific risk premium. The discount rate is the same for all assets, unless a specific interest rate is specified in the agreement.
Lease payments related to short-term leases and leases of low value assets are recognized as operating expenses on a straight-line basis over the term of the lease. Assets with low value include, among other things, printers and copying machines. Full lease accounting principle can be found in note 16.