H & M Hennes & Mauritz AB financials
H & M Hennes & Mauritz AB
Country: SE Reporting currency: SEK Latest annual report: 2024-11-30
LEI:
529900O5RR7R39FRDM42 Financial statements
(SEK, as reported — unscaled; 110 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Cost of sales | SEK 109.18B | SEK 115.14B |
| Gross profit | SEK 125.30B | SEK 120.90B |
| Administrative expenses | SEK 10.76B | SEK 10.89B |
| Operating profit (EBIT) | SEK 17.31B | SEK 14.54B |
| Finance costs | SEK 2.75B | SEK 2.14B |
| Profit before tax | SEK 15.44B | SEK 13.01B |
| Income tax expense | SEK 3.86B | SEK 4.29B |
| Profit for the year | SEK 11.58B | SEK 8.72B |
| — attributable to owners | SEK 11.62B | SEK 8.74B |
| — attributable to NCI | -SEK 37.0M | -SEK 29.0M |
| Total comprehensive income | SEK 12.08B | SEK 8.43B |
| Per share | ||
| Basic EPS | SEK 7.21 | SEK 5.37 |
| Diluted EPS | SEK 7.21 | SEK 5.37 |
| Free cash flow / share | SEK 13.46 | SEK 15.94 |
| Cash flow statement | ||
| Net cash from operating activities | SEK 31.76B | SEK 33.95B |
| Net cash from investing activities | -SEK 11.57B | -SEK 9.62B |
| Purchase of PP&E (capex) | SEK 10.06B | SEK 7.99B |
| Net cash from financing activities | -SEK 29.20B | -SEK 18.61B |
| Dividends paid | SEK 10.46B | SEK 10.58B |
| Lease liability payments | SEK 12.63B | SEK 12.87B |
| Net change in cash | -SEK 9.02B | SEK 5.71B |
| Balance sheet | ||
| Total assets | SEK 180.21B | SEK 181.27B |
| Non-current assets | SEK 104.49B | SEK 100.74B |
| Property, plant & equipment | SEK 86.22B | SEK 81.54B |
| Right-of-use assets | SEK 57.06B | SEK 56.29B |
| Intangible assets & goodwill | SEK 8.73B | SEK 9.72B |
| Current assets | SEK 75.73B | SEK 80.53B |
| Trade & other receivables | SEK 5.63B | SEK 3.30B |
| Cash & equivalents | SEK 17.34B | SEK 26.40B |
| Total equity | SEK 46.21B | SEK 47.51B |
| — attributable to owners | SEK 46.14B | SEK 47.43B |
| Non-controlling interests | SEK 69.0M | SEK 82.0M |
| Non-current liabilities | SEK 67.35B | SEK 65.84B |
| Lease liabilities (non-current) | SEK 50.36B | SEK 48.73B |
| Current liabilities | SEK 66.65B | SEK 67.93B |
| Lease liabilities (current) | SEK 12.48B | SEK 12.16B |
| Deferred tax liabilities | SEK 2.24B | SEK 2.51B |
| Derived metrics | ||
| Free cash flow | SEK 21.70B | SEK 25.96B |
| Operating margin | 7.4% | 6.2% |
| Net margin | 4.9% | 3.7% |
| Return on equity | 25.1% | 18.3% |
| Cash conversion ratio | 2.74× | 3.90× |
| Capex coverage | 3.16× | 4.25× |
| Other reported items | ||
| Accruals Classified As Current | SEK 20.15B | SEK 22.73B |
| Adjusted Weighted Average Shares | 1611.7M | 1629.1M |
| Adjustments For Decrease Increase In Inventories | -SEK 3.04B | SEK 5.25B |
| Adjustments For Decrease Increase In Trade and Other Receivables | -SEK 2.30B | -SEK 594.0M |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | SEK 22.25B | SEK 22.95B |
| Adjustments For Increase Decrease In Employee Benefit Liabilities | SEK 13.0M | SEK 5.0M |
| Adjustments For Increase Decrease In Trade and Other Payables | SEK 346.0M | SEK 189.0M |
| Adjustments For Provisions | SEK 676.0M | -SEK 328.0M |
| Brand Names | SEK 400.0M | SEK 450.0M |
| Cash Flows From Used In Increase Decrease In Current Borrowings | -SEK 2.97B | -SEK 408.0M |
| Cash Flows From Used In Operations Before Changes In Working Capital | SEK 36.74B | SEK 29.11B |
| Comprehensive Income Attributable To Noncontrolling Interests | -SEK 37.0M | -SEK 29.0M |
| Comprehensive Income Attributable To Owners of Parent | SEK 12.11B | SEK 8.46B |
| Current Loans Received and Current Portion of Noncurrent Loans Received | SEK 0 | SEK 3.00B |
| Current Prepaid Expenses | SEK 3.92B | SEK 4.53B |
| Current Tax Assets | SEK 2.83B | SEK 3.83B |
| Current Tax Liabilities | SEK 2.26B | SEK 1.38B |
| Deferred Tax Assets | SEK 5.39B | SEK 5.71B |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | SEK 10.46B | SEK 10.58B |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | SEK 6.80 | — |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -SEK 35.0M | -SEK 1.02B |
| Equity and Liabilities | SEK 180.21B | SEK 181.27B |
| Fair Value of Investments In Equity Instruments Designated As Measured At Fair Value Through Other Comprehensive Income | SEK 3.03B | SEK 2.36B |
| Finance Income | SEK 890.0M | SEK 616.0M |
| Financial Assets | SEK 3.29B | SEK 2.57B |
| Income Tax Relating To Cash Flow Hedges of Other Comprehensive Income | -SEK 121.0M | SEK 85.0M |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | -SEK 18.0M | -SEK 10.0M |
| Income Taxes Paid Refund Classified As Operating Activities | -SEK 1.72B | -SEK 5.57B |
| Increase Decrease Through Appropriation of Retained Earnings | SEK 0 | — |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control | — | -SEK 40.0M |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control Equity Attributable To Owners of Parent | — | SEK 111.0M |
| Interest Paid Classified As Operating Activities | SEK 760.0M | SEK 399.0M |
| Interest Received Classified As Operating Activities | SEK 890.0M | SEK 616.0M |
| Investments In Associates Accounted For Using Equity Method | SEK 259.0M | SEK 209.0M |
| Issued Capital Ordinary Shares | SEK 207.0M | SEK 207.0M |
| Land and Buildings | SEK 665.0M | SEK 689.0M |
| Liabilities | SEK 134.00B | SEK 133.76B |
| Longterm Restructuring Provision | SEK 0 | SEK 5.0M |
| Merchandise | SEK 40.35B | SEK 37.36B |
| Noncurrent Portion of Noncurrent Loans Received | SEK 14.12B | SEK 14.08B |
| Noncurrent Recognised Liabilities Defined Benefit Plan | SEK 471.0M | SEK 379.0M |
| Other Adjustments For Noncash Items | SEK 78.0M | -SEK 971.0M |
| Other Comprehensive Income | SEK 493.0M | -SEK 290.0M |
| Other Comprehensive Income Before Tax Cash Flow Hedges | -SEK 589.0M | SEK 413.0M |
| Other Comprehensive Income Before Tax Exchange Differences On Translation | SEK 717.0M | SEK 12.0M |
| Other Comprehensive Income Before Tax Gains Losses From Investments In Equity Instruments | SEK 299.0M | -SEK 599.0M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | -SEK 73.0M | -SEK 41.0M |
| Other Current Liabilities | SEK 6.81B | SEK 7.33B |
| Other Current Receivables | SEK 5.65B | SEK 5.11B |
| Other Noncurrent Nonfinancial Liabilities | SEK 162.0M | SEK 132.0M |
| Other Noncurrent Receivables | SEK 859.0M | SEK 1.20B |
| Other Reserves | SEK 6.45B | SEK 6.20B |
| Payments For Development Project Expenditure | SEK 1.37B | SEK 967.0M |
| Payments To Acquire Or Redeem Entitys Shares | SEK 2.93B | SEK 1.07B |
| Proceeds From Contributions of Noncontrolling Interests | SEK 24.0M | SEK 0 |
| Proceeds From Noncurrent Borrowings | SEK 0 | SEK 6.31B |
| Purchase of Other Longterm Assets Classified As Investing Activities | SEK 126.0M | SEK 655.0M |
| Purchase of Treasury Shares | -SEK 2.88B | SEK 1.12B |
| Repayments of Noncurrent Borrowings | SEK 248.0M | SEK 0 |
| Retained Earnings | SEK 39.49B | SEK 41.02B |
| Revenue From Contracts With Customers | SEK 234.48B | SEK 236.03B |
| Sales and Marketing Expense | SEK 97.15B | SEK 96.44B |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net of Tax | SEK 0 | SEK 0 |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | -SEK 78.0M | SEK 971.0M |
| Shortterm Restructuring Provision | SEK 540.0M | SEK 304.0M |
| Trade and Other Current Payables To Trade Suppliers | SEK 24.42B | SEK 21.03B |
| Weighted Average Shares | 1611.7M | 1629.1M |
Methodology
Every line item above is a fact tagged in H & M Hennes & Mauritz AB's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (SEK), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.