Samhällsbyggnadsbolaget i Norden AB (publ) ("SBB") published on 28 August 2024 the interim report for January-June 2024 in which errors have been identified after the publication. The errors are attributable to the human factor. SBB has produced a correction sheet for the interim report for January-June 2024 which is available on SBB's website. It should be read together with the interim report published on 28 August 2024. The errors identified and corrected relate to the omission of two lines in the Consolidated cash flow statement, condensed on page 22 in the report. This relates to the lines Redemption of hybrid bonds and Buy-back shares, class-D in Financing activities. See table below for more information.

1 Jan 2024 1 Jan 2023 1 Apr 2024 1 Apr 2023 1 Jan 2023
Amounts in SEKm 30 Jun 2024 30 Jun 2023 30 Jun 2024 30 Jun 2023 31 Dec 2023
Operating activities
Profit before tax, continuing operations -4,805 14,229 -3,502 -10,107 -21,179
Profit before tax, discontinued operations -833 -997 -6,090
Adjustment for non-cash flow items
     Depreciation 10 2 5 6
     Changes in value, property 3,579 8,284 1,595 5,952 18,051
     Dissolution of goodwill following property sales 320 78 320 78 797
     Goodwill impairment 1,794
     Results, production of residentials 14 2 13 17
     Profit from joint ventures and associated companies 1,987 3,661 1,795 3,292 6,017
     Changes in the value of financial instruments 34 1,949 21 750 2,580
Dividends from joint ventures and associated companies 131 282 131 282 283
Net interest income -231 3,129 143 2,051 1,818
Interest paid -911 -1,094 -577 -470 -2,236
Interest received 146 146 77 91 220
Paid tax -287 -460 -120 -291 -856
Cash flow from operating activities before changes in working capital -13 917 -100 632 1,222
Cash flow from changes in working capital
Increase (-)/Decrease (+) of operating receivables -282 139 6 660 1,057
Increase (+)/Decrease (-) of operating liabilities -184 322 -272 -849 -929
Cash flow from operating activities -478 1,378 -366 450 1,350
Investment activities
Investments in properties -566 -1,767 -430 -824 -2,901
Acquisitions of subsidiaries less acquired cash and cash equivalents -400 -753 -199 -3 -1,629
Disposals of subsidiaries less cash and cash equivalents 9,832 296 5,814 229 12,675
Investments/divestitures in equipment, machinery and installations -71 -1 -75
Investments/disposals in joint ventures and associated companies -173 2,564 -173 2,717 2,470
Change in receivables from joint ventures and associated companies -105 -476 -7 -443 781
Cash flow from financial assets 341 663 336 819 -194
Change in other non-current receivables -15 -1,063 -22 -1,172 -998
Cash flow from investing activities 8,915 -606 5,320 1,323 10,129
Financing activities
Issue of warrants 12 12
Repurchase warrants -4 -5
Repurchase compulsory convertibles -4
Redemption of mandatory convertible -2 -2 1
Redemption of hybrid bonds -713
Dividend paid -1,652 -770 -1,659
Buy-back shares, class-D -352 -352
Divestiture to minority 8,654 -9 9,057
Contribution from minority 18
Redeemed minority 47 -680 47 -680
Borrowings 3,409 23,250 3,409 7,758 21,544
Repayment of loans -8,938 -31,182 -5,229 -11,860 -38,885
Change in cash collateral -2,178 -2,048
Changes in other non-current liabilities raised -38 275 -93 212 -52
Cash flow from financing activities -6,555 -3,520 -2,206 -5,356 -12,047
Cash flow for the period 1,881 -2,748 2,747 -3,583 -568
Cash and cash equivalents at the beginning of the period 3,845 4,429 3,003 5,299 4,429
Cash flow for the period 1,881 -2,748 2,747 -3,583 -568
Translation gains/losses in cash and cash equivalents 20 -2 -4 -37 -16
Cash and cash equivalents at the end of the period 5,747 1,679 5,747 1,679 3,845

For further information, please contact:
Helena Lindahl, Treasury Director, [email protected][email protected]

Samhällsbyggnadsbolaget i Norden AB (publ) (SBB) is the Nordic region’s leading property company in social infrastructure. The Company’s strategy is to long term own and manage social infrastructure properties in the Nordics and rent regulated residential properties in Sweden, and to actively work with property development. Through SBB’s commitment and engagement in community participation and social responsibility, municipalities and other stakeholders find the Company an attractive long-term partner. The Company’s series B shares (ticker SBB B) and D shares (ticker SBB D) are listed on Nasdaq Stockholm, Large Cap. Further information about SBB is available at www.sbbnorden.se.