Note 15 – Lease agreements

The Group has leases for real estate, vehicles, machinery and other equipment used in the operations. Leases of real estate and machinery generally have a leasing period of between three and 15 years, while that for vehicles and other equipment is generally between three and five years. The Group’s obligations in leases are secured by the lessor’s ownership.

Right of use assets

The table below presents the book value of the right of use assets and amortization per asset class and the financial year’s additional right of use assets.

2023 Buildings Cars Equipment, tools, fixtures and fittings Other Total
2023 Byggnader Bilar Inventarier, verktyg och installationer Övrigt Totalt
Depreciation Avskrivningar -82 -4 -7 -1 -94
Closing balance, December 31, 2023 Utgående balans 31 december 2023 424 6 41 2 473
Additional right of use assets during the 2023 financial year total SEK 11 M (94).
2022 Buildings Cars Equipment, tools, fixtures and fittings Other Total
2022 Byggnader Bilar Inventarier, verktyg och installationer Övrigt Totalt
Depreciation Avskrivningar -81 -3 -5 -1 -90
Closing balance, December 31, 2022 Utgående balans 31 december 2022 455 5 30 4 494

Lease liabilities

The table below presents the amounts recognized as lease liabilities in the consolidated balance sheet.

2023 2022
Non-current leasing liabilities Långfristiga leasingskulder 376 405
Current leasing liabilities Kortfristiga leasingskulder 103 94
Total Totalt 479 499

The table below presents a maturity analysis regarding contractually undiscounted payments of the lease liabilities.

2023 2022
Maturity within 1 year Förfaller inom 1 år 104 95
Maturity within 1-2 years Förfaller inom 1-2 år 101 86
Maturity within 2-3 years Förfaller inom 2-3 år 101 86
Maturity within 3-5 years Förfaller inom 3-5 år 167 164
Maturity later than 5 years Förfaller efter 5 år 33 99
Total Totalt 506 530

Earnings impact attributable to leases

The table below presents the amounts attributable to leases recognized in the consolidated income statement during the year.

Costs Kostnader 2023 2022
Depreciation of rights of use Avskrivningar på nyttjanderättstillgångar 94 90
Interest expenses for leasing liabilities Räntekostnader för leasingskulder 10 10
Total Totalt 104 100
The Group’s total cash outflow attributable to leases amounted to SEK 103 M (100).

Uncommenced leasing commitments

The Group has no material uncommenced leasing commitments.