Note 16 – 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.
| 2025 | Buildings and land | Cars | Equipment, tools, fixtures and fittings | Other | Total | |
| 2025 | Byggnader och mark | Bilar | Inventarier, verktyg och installationer | Övrigt | Totalt | |
| Opening balance, January 1, 2025 | Ingående balans 1 januari 2025 | 354 | 6 | 33 | 2 | 395 |
| Depreciation | Avskrivningar | -83 | -3 | -5 | 0 | -91 |
| Aquisition | Anskaffningar | 0 | 4 | 0 | 0 | 4 |
| Terminations | Termineringar | 0 | 0 | 0 | 0 | 0 |
| Currency adjustments | Valutajustering | -13 | 0 | -1 | 0 | -14 |
| Other adjustments | Övriga justeringar | 5 | 0 | 1 | -1 | 5 |
| Closing balance, December 31, 2025 | Utgående balans 31 december 2025 | 263 | 7 | 28 | 1 | 299 |
| 2024 | Buildings and land | Cars | Equipment, tools, fixtures and fittings | Other | Total | |
| 2024 | Byggnader och mark | Bilar | Inventarier, verktyg och installationer | Övrigt | Totalt | |
| Opening balance, January 1, 2024 | Ingående balans 1 januari 2024 | 424 | 6 | 41 | 2 | 473 |
| Depreciation | Avskrivningar | -85 | -4 | -7 | -1 | -97 |
| Aquisition | Anskaffningar | 0 | 5 | 0 | 0 | 5 |
| Terminations | Termineringar | -1 | -1 | -1 | 0 | -3 |
| Currency adjustments | Valutajustering | 10 | 0 | 0 | 0 | 10 |
| Other adjustments | Övriga justeringar | 6 | 0 | 0 | 1 | 7 |
| Closing balance, December 31, 2024 | Utgående balans 31 december 2024 | 354 | 6 | 33 | 2 | 395 |
Lease liabilities
The table below presents the amounts recognized as lease liabilities in the consolidated balance sheet.
| 2025 | 2024 | ||
| Non-current lease liabilities | Långfristiga leasingskulder | 225 | 321 |
| Current lease liabilities | Kortfristiga leasingskulder | 103 | 107 |
| Total | Totalt | 328 | 428 |
The table below presents a maturity analysis regarding contractually undiscounted payments of the lease liabilities.
| 2025 | 2024 | ||
| Maturity within 1 year | Förfaller inom 1 år | 102 | 109 |
| Maturity within 1-2 years | Förfaller inom 1-2 år | 98 | 110 |
| Maturity within 2-3 years | Förfaller inom 2-3 år | 93 | 94 |
| Maturity within 3-5 years | Förfaller inom 3-5 år | 42 | 128 |
| Maturity later than 5 years | Förfaller efter 5 år | 15 | 21 |
| Total | Totalt | 350 | 462 |
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 | 2025 | 2024 |
| Depreciation of rights of use | Avskrivningar på nyttjanderättstillgångar | 91 | 97 |
| Interest expenses for lease liabilities | Räntekostnader för leasingskulder | 9 | 10 |
| Total | Totalt | 100 | 107 |
Uncommenced lease commitments
The Group has no material uncommenced lease commitments.