Income statements per year - Group

SEK m 2018 2017 2016 2015 2014
Net revenue          
Property management 1,797.1 1,750.6 1,703.1 1,610.7 1,596.4
Parking operations 85.8 89.9 86.8 78.3 68.9
  1,882.9 1,840.5 1,789.9 1,689.0 1,665.3
           
Property management costs          
– Maintenance -24.5 -29.8 -29.0 -34.4 -31.9
– Operations and administration -283.1 -269.4 -262.2 -256.5 -248.6
– Ground rents -21.8 -22.6 -21.8 -21.5 -17.0
– Property tax -165.9 -167.3 -164.5 -154.1 -154.2
Property management expenses -495.3 -489.1 -477.5 -466.5 -451.7
           
Parking operations, costs -51.1 -50.7 -50.0 -50.4 -49.8
Cost of operations -546.4 -539.8 -527.5 -516.9 -501.5
           
Gross profit 1,336.5 1,300.7 1,262.4 1,172.1 1,163.8
– of which Property management 1,301.8 1,261.5 1,225.6 1,144.2 1,144.7
– of which Parking operations 34.7 39.2 36.8 27.9 19.1
           
Central administration -43.5 -41.3 -42.9 -38.8 -36.2

Operating profit before changes in value and items affecting comparability

1,293.0 1,259.4 1,219.5 1,133.3 1,127.6
           
Items affecting comparability -138.6
Changes in value "Investment properties" 3,620.8 2,848.2 4,160.1 3,426.5 1,708.6
Changes in value "Interest derivatives" 26.6 61.6 45.4 11.8 -185.8
Operating profit 4,940.4 4,030.6 5,425.0 4,571.6 2,650.4
           
Financial income and expense          
Financial income 2.9 0.1 0.3 1.2 3.6
Financial expense -123.4 -135.8 -141.4 -124.2 -133.5
  -120.5 -135.7 -141.1 -123.0 -129.9
           
Profit before tax 4,819.9 3,894.9 5,283.9 4,448.6 2,520.5
Tax -500.2 -859.9 -1,163.7 -978.5 -519.2
PROFIT FOR THE YEAR AFTER TAX 4,319.7 3,035.0 4,120.2 3,470.1 2,001.3
           
Other comprehensive income
TOTAL COMPREHENSIVE INCOME FOR THE YEAR 4,319.7 3,035.0 4,120.2 3,470.1 2,001.3