Swedish Match AB financials
Swedish Match AB
Country: SE Reporting currency: SEK Latest annual report: 2021-12-31
LEI:
529900YVXCGNWAUYZG78 Financial statements
(SEK, as reported — unscaled; 89 line items across 2 annual periods)
| Line item | 2021 | 2020 |
|---|---|---|
| Income statement | ||
| Cost of sales | SEK 6.25B | SEK 5.75B |
| Gross profit | SEK 12.24B | SEK 10.95B |
| Administrative expenses | SEK 1.07B | SEK 1.12B |
| Operating profit (EBIT) | SEK 8.29B | SEK 6.99B |
| Net finance income / (cost) | -SEK 345.0M | -SEK 347.0M |
| Finance costs | SEK 381.0M | SEK 396.0M |
| Profit before tax | SEK 7.94B | SEK 6.64B |
| Income tax expense | SEK 1.72B | SEK 1.76B |
| Profit for the year | SEK 6.22B | SEK 4.89B |
| — attributable to owners | SEK 6.22B | SEK 4.89B |
| — attributable to NCI | SEK 1.0M | SEK 1.0M |
| Total comprehensive income | SEK 7.30B | SEK 3.63B |
| Cash flow statement | ||
| Net cash from operating activities | SEK 6.34B | SEK 5.61B |
| Income taxes paid | -SEK 1.68B | -SEK 2.01B |
| Net cash from investing activities | -SEK 1.16B | -SEK 1.17B |
| Purchase of intangibles | SEK 8.0M | SEK 63.0M |
| Net cash from financing activities | -SEK 6.61B | -SEK 3.12B |
| Dividends paid | SEK 2.37B | SEK 2.02B |
| Proceeds from borrowings | SEK 1.81B | SEK 3.70B |
| Repayments of borrowings | SEK 2.27B | SEK 1.30B |
| Lease liability payments | SEK 89.0M | SEK 81.0M |
| Net change in cash | -SEK 1.43B | SEK 1.31B |
| Balance sheet | ||
| Total assets | SEK 16.15B | SEK 15.15B |
| Non-current assets | SEK 9.12B | SEK 7.76B |
| Property, plant & equipment | SEK 4.52B | SEK 3.59B |
| Right-of-use assets | SEK 388.0M | SEK 278.0M |
| Intangible assets & goodwill | SEK 2.28B | SEK 2.24B |
| Inventories | SEK 2.27B | SEK 1.82B |
| Trade & other receivables | SEK 1.84B | SEK 1.58B |
| Cash & equivalents | SEK 2.12B | SEK 3.41B |
| Total equity | -SEK 6.67B | -SEK 7.80B |
| — attributable to owners | -SEK 6.69B | -SEK 7.81B |
| Non-controlling interests | SEK 17.0M | SEK 16.0M |
| Non-current liabilities | SEK 17.98B | SEK 17.19B |
| Long-term borrowings | SEK 14.20B | SEK 13.51B |
| Lease liabilities (non-current) | SEK 307.0M | SEK 208.0M |
| Current liabilities | SEK 4.84B | SEK 5.76B |
| Lease liabilities (current) | SEK 96.0M | SEK 77.0M |
| Deferred tax liabilities | SEK 1.40B | SEK 1.27B |
| Derived metrics | ||
| Return on equity | -93.2% | -62.7% |
| Cash conversion ratio | 1.02× | 1.15× |
| Other reported items | ||
| Adjustments For Decrease Increase In Inventories | -SEK 299.0M | -SEK 182.0M |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | SEK 615.0M | SEK 588.0M |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | -SEK 13.0M | -SEK 13.0M |
| Basic and Diluted Earnings Loss Per Share | SEK 3.97 | SEK 3.04 |
| Cash Flows From Used In Operations Before Changes In Working Capital | SEK 6.83B | SEK 5.30B |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | SEK 39.0M | SEK 32.0M |
| Cash Receipts From Repayment of Advances and Loans Made To Related Parties | SEK 11.0M | SEK 9.0M |
| Comprehensive Income Attributable To Noncontrolling Interests | SEK 1.0M | SEK 0 |
| Comprehensive Income Attributable To Owners of Parent | SEK 7.30B | SEK 3.63B |
| Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | SEK 7.03B | SEK 7.36B |
| Current Borrowings and Current Portion of Noncurrent Borrowings | SEK 990.0M | SEK 1.85B |
| Current Prepayments and Current Accrued Income | SEK 155.0M | SEK 117.0M |
| Current Provisions | SEK 535.0M | SEK 381.0M |
| Current Tax Assets Current | SEK 167.0M | SEK 119.0M |
| Current Tax Liabilities | SEK 88.0M | SEK 149.0M |
| Deferred Tax Assets | SEK 520.0M | SEK 640.0M |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | SEK 2.37B | SEK 2.02B |
| Dividends Received Classified As Operating Activities | SEK 13.0M | SEK 10.0M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | SEK 141.0M | -SEK 274.0M |
| Equity and Liabilities | SEK 16.15B | SEK 15.15B |
| Finance Income | SEK 36.0M | SEK 49.0M |
| Gains Losses On Cash Flow Hedges Before Tax | SEK 82.0M | -SEK 51.0M |
| Gains Losses On Exchange Differences On Translation Net of Tax | SEK 740.0M | -SEK 1.12B |
| Gains On Litigation Settlements | SEK 300.0M | SEK 0 |
| Income Tax Relating To Cash Flow Hedges of Other Comprehensive Income | -SEK 17.0M | SEK 11.0M |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | -SEK 91.0M | SEK 33.0M |
| Investments In Associates Accounted For Using Equity Method | SEK 41.0M | SEK 42.0M |
| Issued Capital | SEK 390.0M | SEK 390.0M |
| Liabilities | SEK 22.82B | SEK 22.95B |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | SEK 0 | SEK 28.0M |
| Noncurrent Biological Assets | SEK 38.0M | SEK 44.0M |
| Other Adjustments For Noncash Items | -SEK 42.0M | SEK 72.0M |
| Other Comprehensive Income | SEK 1.08B | -SEK 1.26B |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | SEK 369.0M | -SEK 132.0M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | SEK 805.0M | -SEK 1.16B |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | SEK 278.0M | -SEK 99.0M |
| Other Current Receivables | SEK 476.0M | SEK 315.0M |
| Other Operating Income Expense | SEK 44.0M | SEK 14.0M |
| Other Reserves | SEK 573.0M | -SEK 232.0M |
| Payments To Acquire Or Redeem Entitys Shares | SEK 3.80B | SEK 3.10B |
| Purchase of Treasury Shares | SEK 3.80B | SEK 3.10B |
| Reclassification Adjustments On Exchange Differences On Translation Before Tax | SEK 0 | SEK 0 |
| Recognised Liabilities Defined Benefit Plan | SEK 1.45B | SEK 1.50B |
| Retained Earnings | -SEK 7.65B | -SEK 7.97B |
| Revenue From Sale of Goods | SEK 18.49B | SEK 16.70B |
| Sales and Marketing Expense | SEK 3.24B | SEK 2.87B |
| Share of Profit Loss of Associates Accounted For Using Equity Method | SEK 13.0M | SEK 13.0M |
| Trade and Other Current Payables To Trade Suppliers | SEK 464.0M | SEK 409.0M |
Methodology
Every line item above is a fact tagged in Swedish Match 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.