The overall objective of Hemsö’s financial operations is to ensure a long-term, stable capital structure, and to achieve the best possible financial net within the given risk frameworks.
Responsibility for Hemsö’s financial transactions and risks are managed centrally by the Group’s Finance Department. Work is conducted according to the Group’s finance policy, which is adopted by the Board of Directors.
Hemsö is currently partly financed with capital from owners in the form of shareholders’ equity and through external financing. At 31 March 2019, shareholders’ equity amounted to SEK 14,668 million.
At 31 March 2019 debt portfolio amounted to SEK 34,418 million and comprises secured bank loans, commercial paper and unsecured bonds.
|Q1 2019||Q1 2018|
|Cash and cash equivalents||3,585||1,132|
|Market value of investment properties||49,559||40,152|
|Share of secured debt||0.0%||0.0%|