Financing

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.

Finance policy

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. 

Capital structure

Hemsö is currently partly financed with capital from owners in the form of shareholder’s equity and through external financing. At 30 June 2022, shareholder’s equity amounted to SEK 32,215 million. 

At 30 June 2022 Hemsö’s interest-bearing liabilities amounted to SEK 46,361 million (43,097).

 

Capital structure, SEK million
  Q2 2022 Q2 2021
Interest-bearing liabilities 46,361 43,097
Cash and cash equivalents

325

519
Net debt 46,036

42,578

     
Market value of investment properties 84,683  69,619
Investments in associated companies  1,475   1 185
Total 86,158 70,804
Loan-to-value ratio 53.4%   60.1%
Share of secured debt   0.0 %    0.0%