Parent company

The parent company Peab AB’s net sales for 2019 amounted to SEK 348 million (299) and mainly consisted of internal Group services. Profit for the year amounted to SEK 1,263 million (2,809). Profit for the year included dividends of SEK 200 million (1,509) from subsidiaries. Group contributions constituted SEK 2,130 million (2,698) of appropriations.

The parent company’s assets mainly consist of participations in Group companies amounting to SEK 12,050 million (12,045). The assets have been financed from equity of SEK 9,057 million (9,033) and long-term liabilities to Group companies amounting to SEK 2,791 million (3,883).

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 Oct-Dec
2019		 Oct-Dec
2018		 Jan-Dec
2019		 Jan-Dec
2018
Mkr Okt-dec
2019		 Okt-dec
2018		 Jan-dec
2019		 Jan-dec
2018
Net sales Nettoomsättning 114 81 348 299
Administrative expenses Administrationskostnader -156 -134 -513 -470
Other operating income Övriga rörelseintäkter – – 5 –
Operating profit Rörelseresultat -42 -53 -160 -171
Result from financial investments Resultat från finansiella poster
Profit from participation in Group companies Resultat från andelar i koncernföretag 0 1 130 1,388
Other financial items Övriga finansiella poster -16 -19 -68 -89
Result after financial items Resultat efter finansiella poster -58 -71 -98 1,128
Appropriations Bokslutsdispositioner 1,656 2,083 1,656 2,083
Pre-tax profit Resultat före skatt 1,598 2,012 1,558 3,211
Tax Skatt -332 -438 -295 -402
Profit and comprehensive income for the period Periodens resultat och totalresultat 1,266 1,574 1,263 2,809

Report on financial position for the parent company in summary

MSEK Dec 31
2019		 Dec 31
2018
Mkr 31 dec
2019		 31 dec
2018
Assets Tillgångar
Fixed assets Anläggningstillgångar
Intangible assets Immateriella anläggningstillgångar 51 51
Tangible assets Materiella anläggningstillgångar 1 1
Financial assets Finansiella anläggningstillgångar
Participation in Group companies Andelar i koncernföretag 12,050 12,045
Deferred tax recoverables Uppskjuten skattefordran 119 111
Total financial assets Summa finansiella anläggningstillgångar 12,169 12,156
Total fixed assets Summa anläggningstillgångar 12,221 12,208
Current assets Omsättningstillgångar
Current receivables Kortfristiga fordringar
Accounts receivable Kundfordringar 1 0
Receivables from Group companies Fordringar koncernföretag 2,479 2,736
Current tax assets Aktuella skattefordringar 60 85
Other receivables Övriga fordringar 44 2
Prepaid expenses and accrued income Förutbetalda kostnader och upplupna intäkter 10 11
Total current receivables Summa kortfristiga fordringar 2,594 2,834
Cash and bank Kassa och bank 0 0
Total current assets Summa omsättningstillgångar 2,594 2,834
Total assets Summa tillgångar 14,815 15,042
Equity and liabilities Eget kapital och skulder
Equity Eget kapital
Restricted equity Bundet eget kapital 1,901 1,905
Non-restricted equity Fritt eget kapital 7,156 7,128
Total equity Summa eget kapital 9,057 9,033
   
Untaxed reserves Obeskattade reserver 2,403 1,930
Provisions Avsättningar
Other provisions Övriga avsättningar 41 36
Total provisions Summa avsättningar 41 36
Long-term liabilities Långfristiga skulder
Liabilities to Group companies Skulder till koncernföretag 2,791 3,883
Total long-term liabilities Summa långfristiga skulder 2,791 3,883
Current liabilities Kortfristiga skulder
Accounts payable Leverantörsskulder 32 31
Liabilities to Group companies Skulder till koncernföretag 404 59
Other liabilities Övriga skulder 12 4
Accrued expenses and deferred income Upplupna kostnader och förutbetalda intäkter 75 66
Total current liabilities Summa kortfristiga skulder 523 160
Total liabilities Summa skulder 3,314 4,043
Total equity and liabilities Summa eget kapital och skulder 14,815 15,042