Parent company

The parent company Peab AB’s net sales for the first half-year 2020 amounted to SEK 170 million (156) and mainly consisted of internal Group services. Profit for the period amounted to SEK 391 million (34). Profit for the period included dividends of SEK 500 million (200) from subsidiaries.

The parent company’s assets mainly consist of participations in Group companies amounting to SEK 13,350 million (11,952). The assets have been financed from equity of SEK 9,448 million (7,828) and long-term liabilities to Group companies amounting to SEK 2,326 million (2,711).

The parent company is indirectly affected by the risks described in the section Risks and Uncertainty Factors.

Report on the parent company income statement in summary

MSEK Apr-Jun
2020		 Apr-Jun
2019		 Jan-Jun
2020		 Jan-Jun
2019		 Jul-Jun
2019/2020		 Jan-Dec
2019
Mkr Apr-jun
2020		 Apr-jun
2019		 Jan-jun
2020		 Jan-jun
2019		 Jul-jun
2019/2020		 Jan-dec
2019
Net sales Nettoomsättning 94 82 170 156 362 348
Administrative expenses Administrationskostnader -148 -133 -281 -242 -552 -513
Other operating income Övriga rörelseintäkter – – – – 5 5
Operating profit Rörelseresultat -54 -51 -111 -86 -185 -160
Result from financial investments Resultat från finansiella poster
Profit from participation in Group companies Resultat från andelar i koncernföretag 500 130 500 130 500 130
Other financial items Övriga finansiella poster -11 -13 -28 -36 -60 -68
Result after financial items Resultat efter finansiella poster 435 66 361 8 255 -98
Appropriations Bokslutsdispositioner – – – – 1,656 1,656
Pre-tax profit Resultat före skatt 435 66 361 8 1,911 1,558
Tax Skatt 14 15 30 26 -291 -295
Profit for the period 1) Periodens resultat 1) 449 81 391 34 1,620 1,263
1) Profit/loss for the period corresponds to comprehensive profit/loss for the period and therefore only one income statement is presented without a separate one for comprehensive profit/loss.

Report on financial position for the parent company in summary

MSEK Jun 30
2020		 Jun 30
2019		 Dec 31
2019
Mkr 30 jun
2020		 30 jun
2019		 31 dec
2019
Assets Tillgångar
Fixed assets Anläggningstillgångar
Intangible assets Immateriella anläggningstillgångar 47 52 51
Tangible assets Materiella anläggningstillgångar 1 1 1
Financial assets Finansiella anläggningstillgångar
Participation in Group companies Andelar i koncernföretag 13,350 11,952 12,050
Deferred tax recoverables Uppskjuten skattefordran 117 112 119
Total financial assets Summa finansiella anläggningstillgångar 13,467 12,064 12,169
Total fixed assets Summa anläggningstillgångar 13,515 12,117 12,221
Current assets Omsättningstillgångar
Current receivables Kortfristiga fordringar
Accounts receivable Kundfordringar 1 0 1
Receivables from Group companies Fordringar koncernföretag 607 262 2,479
Current tax assets Aktuella skattefordringar 187 209 60
Other receivables Övriga fordringar 0 12 44
Prepaid expenses and accrued income Förutbetalda kostnader och upplupna intäkter 24 14 10
Total current receivables Summa kortfristiga fordringar 819 497 2,594
Cash and bank Kassa och bank 0 0 0
Total current assets Summa omsättningstillgångar 819 497 2,594
Total assets Summa tillgångar 14,334 12,614 14,815
Equity and liabilities Eget kapital och skulder
Equity Eget kapital
Restricted equity Bundet eget kapital 1,900 1,903 1,901
Non-restricted equity Fritt eget kapital 7,548 5,925 7,156
Total equity Summa eget kapital 9,448 7,828 9,057
Untaxed reserves Obeskattade reserver 2,403 1,930 2,403
Provisions Avsättningar
Other provisions Övriga avsättningar 42 37 41
Total provisions Summa avsättningar 42 37 41
Long-term liabilities Långfristiga skulder
Liabilities to Group companies Skulder till koncernföretag 2,326 2,711 2,791
Total long-term liabilities Summa långfristiga skulder 2,326 2,711 2,791
Current liabilities Kortfristiga skulder
Accounts payable Leverantörsskulder 27 31 32
Liabilities to Group companies Skulder till koncernföretag 3 6 404
Other liabilities Övriga skulder 16 8 12
Accrued expenses and deferred income Upplupna kostnader och förutbetalda intäkter 69 63 75
Total current liabilities Summa kortfristiga skulder 115 108 523
Total liabilities Summa skulder 2,441 2,819 3,314
Total equity and liabilities Summa eget kapital och skulder 14,334 12,614 14,815