Financial Data

Key figures

Key figures

Quarters

Key figures and per share data
SEKm	2022 Q3	2022 Q2	2022 Q1	2021 Q4	2021 Q3	2021 Q2	2021 Q1	2020 Q4	2020 Q3	2020 Q2	2020 Q1	2019 Q4	2019 Q3	2019 Q2	2019 Q1	2018 Q4	2018 Q3	2018 Q2	2018 Q1	2017 Q4	2017 Q3	2017 Q2	2017 Q1
Property-related key ratios
Property value (market value)	154,511	157,400	158,919	149,335	124,960	116,845	104,736	90,185	81,187	72,974	80,235	79,542	30,776	30,331	27,201	25,243	25,122	25,637	23,816	23,001	22,052	21,143	16,892
Number of properties	2,317	2,537	2,337	2,241	1,893	1,902	1,786	1,618	1,455	1,302	1,342	1,394	842	790	644	570	782	812	753	749	720	720	712
Leasable area, Sq.m., thousands	5,346	5,502	5,566	5,425	5,029	4,943	4,573	3,958	3,820	3,715	4,180	4,233	1,795	1,797	1,466	1,330	1,402	1,493	1,380	1,366	1,359	1,325	1,058
Surplus ratio, %	71	69	63	64	75	70	65	65	71	70	67	61	68	69	56	60	69	66	60	67	71	65	55
Yield, %	3.8	3.8	3.8	3.8	4.0	4.1	4.3	4.3	4.5	4.6	4.7	4.8	4.8	4.7	4.6	4.7	4.8	4.6	4.7	4.8	4.7	4.7	4.7
Economic letting ratio, %	95.2	95.1	94.3	94.1	93.7	93.9	93.7	93.6	94.5	94	94.3	94.8	95.3	95.4	96.6	96.2	96.9	96.6	96.5	96.8	97	96.9	98.7
WAULT, social infrastructure properties, yrs	11	11	11	11	9	9	9	9	9	7	7	7	7	7	7	7	7	7	7	7	7	7	8
Financial key ratios
Rental Income, SEKm	1,888	1,878	1,831	1,695	1,459	1,451	1,325	1,253	1,204	1,323	1,341	596	507	464	429	453	427	410	390	384	370	348	236
Net operating income	1,333	1,290	1,153	1,082	1,089	1,018	858	810	852	922	895	362	343	320	240	274	293	272	233	257	263	226	131
Interim profit	-2,081	-2,721	2,939	12,553	4,003	6,558	2,735	3,350	3,139	1,223	1,372	1,287	404	717	216	691	482	405	113	381	362	1,038	648
Cash flow from current operations	884	1,045	738	694	589	743	389	642	411	750	444	238	263	147	97	-7	99	116	40	140	88	100	32
Equity excluding non-controlling interest	57,132	59,323	66,069	63,009	47,983	44,147	41,303	37,244	31,711	24,770	24,167	24,304	10,872	10,662	9,580	9,009	7,391	6,948	6,592	6,389	6,040	5,596	4,438
Return on Equity, %	neg	neg	3	17	6	11	5	8	8	3	4	5	3	5	2	7	5	5	1	5	5	18	19
Loan-to-value ratio, %	47	46	42	40	35	37	35	35	42	50	50	41	38	43	52	53	56	59	62	58	59	60	64
Secured loan-to-value ratio, %	19	19	18	12	8	9	12	10	13	15	17	26	16	19	37	38	44	48	48	N/A	N/A	N/A	N/A
Equity ratio, %	40	40	42	43	41	41	42	43	42	38	36	30	36	43	39	41	36	32	33	32	32	29	30
Adjusted Equity ratio, %	45	45	46	48	45	45	46	48	46	42	40	33	39	46	43	44	40	36	37	36	36	33	32
Interest coverage ratio, times	4.8	5.6	5.5	5.5	5.7	5.2	4.8	4.1	3.3	3.1	2.8	N/A	N/A	N/A	2.0	N/A	N/A	N/A	1.7	N/A	N/A	N/A	N/A
Share-related key ratios
EPRA NTA (actual net asset value), SEKm	50,509	54,251	61,366	57,354	40,449	35,597	33,942	29,724	23,844	18,148	17,821	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPRA NRV (long-term net asset value), SEKm	58,316	62,115	68,794	64,516	49,296	43,992	41,201	37,505	30,886	24,932	24,758	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Earnings per ordinary class A and B shares, SEK	-1.53	-1.99	1.86	8.47	2.63	4.05	1.75	2.29	2.35	0.86	0.94	1.51	0.40	0.73	0.20	0.83	0.61	0.56	0.19	0.48	0.47	1.40	1.59
Earnings per ordinary class D share, SEK	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.5	0.50	0.50	0.50	1.00	0.50	0.50	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Average number of ordinary class A and B shares	1,454,141,898	1,454,141,898	1,452,975,231	1,451,151,898	1,426,846,914	1,330,457,517	1,329,482,358	1,288,232,323	1,268,092,596	1,268,092,596	1,259,332,896	781,570,028	756,049,031	756,049,031	756,049,031	752,310,988	737,949,031	737,949,031	737,949,031	752,310,988	736,912,138	727,369,131	7,230,434
Average number of ordinary class D shares	193,865,905	193,865,905	193,865,905	193,865,905	193,865,905	193,577,118	183,877,510	172,192,593	137,819,243	106,519,951	106,050,135	3,645,452	74,662,662	66,698,620	45,058,648	3,645,452	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Average number of preference shares	-	-	-	-	-	-	30,713	30,713	30,713	30,713	30,713	300,584	112,035	175,251	175,251	300,584	333,205	333,205	333,205	300,584	168,360	168,360	N/A
Number of ordinary class A and B shares	1,454,141,898	1,454,141,898	1,451,141,898	1,451,141,898	1,426,846,914	1,418,221,851	1,329,482,358	1,329,482,358	1,268,092,596	1,268,092,596	1,268,092,596	756,049,031	756,049,031	756,049,031	756,049,031	756,049,031	737,949,031	756,049,031	737,949,031	756,049,031	737,949,031	737,949,031	7,230,434
Number of ordinary class D shares	193,865,905	193,865,905	193,865,905	193,865,905	193,865,905	196,865,905	192,724,976	179,881,880	172,021,720	106,519,951	106,519,951	41,626,390	76,498,230	73,398,336	45,690,906	41,626,390	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Number of preference shares	-	-	-	-	-	-	30,713	30,713	30,713	30,713	30,713	175,251	30,713	175,251	175,251	175,251	333,205	333,205	333,205	333,205	333,205	333,205	N/A

(1) Interest coverarage ratio is calculated in accordance with a new definition from Q4 2020.
(2) The key ratios are calculated in accordance with EPRA's new guidelines for calculation of net asset values.

Marika Dimming

Investor Relations and Head of Sustainability

[email protected]