Notes for P&L
Note 15 Property, plant and equipment
Accounting policy
Property, plant and equipment are recognized in the Group at cost less accumulated depreciation and any impairment. Cost includes the purchase price and any expenses that are directly attributable to the asset to put it in place and in the condition to be utilized for the purpose for which it was acquired.
Assets leased through leases are recognized as non-current assets in the statement of financial position and recognized initially at the lower of the item’s fair value and the present value of minimum lease payments on entering the arrangement.
Depreciation and impairment
Depreciation is on a straight-line basis over the estimated useful life of the asset. Leased assets are depreciated over their estimated useful life, or if it is shorter, the contracted lease term. Depreciation is recognized in each function the assets belong to.
Estimated useful lives:
|
Machinery and other technical plant |
5 years |
|
Equipment, tools, fixtures and fittings |
3-5 years |
| Machinery and equipment | ||
|---|---|---|
| Accumulated cost, SEK M | 31-Dec-24 | 31-Dec-23 |
| Opening balance | 39.1 | 43.4 |
| Sales/retirements | -10.4 | -3.9 |
| Purchasing | 0.0 | 0.2 |
| Translation difference | 0.8 | -0.6 |
| Closing balance | 29.5 | 39.1 |
| Accumulated depreciation | ||
| Opening balance | -36.1 | -39.1 |
| Reversed depreciation on sales and retirements | 10.4 | 3.8 |
| Depreciation for the year | -1.4 | -1.2 |
| Translation difference | -0.8 | 0.4 |
| Closing balance | -27.9 | -36.1 |
| Carrying amounts | ||
| At beginning of year | 3.0 | 4.3 |
| At end of year | 1.6 | 3.0 |
| Depreciation is included in the following lines in the statement of comprehensive income | ||
| 2024 | 2023 | |
| Cost of goods sold | 0.0 | -0.0 |
| Administrative expenses | -1.2 | -1.0 |
| Selling expenses | 0.0 | 0.0 |
| Development costs | -0.2 | -0.2 |
| Total | -1.4 | -1.2 |