Hemnet Group ENG 2022

Note G11 Income tax

Note G12 Earnings per share

2022

2021

2022

2021

Current tax: Current tax on profit for the year

Earnings per share before dilution Profit for the year attributable to ordinary equity holders of the Parent Company Weighted average number of ordinary shares outstanding during the year Earnings per share before dilution, SEK Diluted earnings per share Profit for the year attributable to ordinary equity holders of the Parent Company Weighted average number of ordinary shares outstanding during the year Effect of warrant programmes issued 1 Number of shares for the calculation of diluted earnings per share Earnings per share after dilution, SEK

-86.8 -86.8

-55.8 -55.8

Total current tax

293.8

156.5

G1 G2 G3 G4 G5 G6 G7 G8 G9

Deferred tax (Note G16): Deferred tax on temporary differences and tax loss

100,345,982 100,999,394

9.9 9.9

14.2 14.2

2.93

1.55

Total deferred tax Total income tax

-76.9 -41.6 The income tax on the Group's profit before tax differs from the theoretical amount that would have been obtained when using the Swedish tax rate for the results of the consolidated companies as follows: 2022 2021 Earnings before tax 370.7 198.1 Income tax calculated according to tax rate in Sweden (20.6% and 21.4% respectively) -76.4 -40.8 Tax effect of: Non-deductible costs -0.5 -0.5 Other -0.3 Income tax expense -76.9 -41.6 This year's effective tax rate is -20.8% (-21.0%).

293.8

156.5

100,345,982 100,999,394

0

181,253

100,345,982 101,180,647

G10 G11 G12 G13 G14 G15 G16 G17 G18 G19 G20 G21 G22 G23 G24 G25 G26 G27 G28

2.93

1.55

1 The calculation of dilution of shares is made based on the number of days that the warrant programs that have been active during each period concerned. As no market price is available to set against the exercise price and the number of warrants is limited in relation to the number of ordinary shares, the dilution effect for periods before Hemnet's IPO on 27 April, 2021, has been calculated based on the maximum theoretical dilution. For periods after 27 April, 2021, the calculation of dilution is made based on the average share price during each period concerned. Possible dilution through financial instruments Hemnet Group AB (publ) has outstanding long-term incentive plans. The warrants under the long-term incentive plans are considered dilutive only when they result in lower earnings per share after than before dilution. As of 31 December, 2022, the company has three outstanding incentive programs. For more information on redemption rates and description of incentive schemes, see note G8 Employee remuneration, etc.

Note G13 Intangible assets

Customer relationships

Capitalised development costs

2022

Goodwill

Platform Trademarks

Total

Opening acquisition value Acquisitions for the year Closing acquisition value

902.8

1,090.4

40.5

241.7

27.6 13.7 41.4 -15.0

2,303.1

-

-

-

-

13.7

902.8

1,090.4

40.5

241.7

2,316.8

Opening accumulated amortisation

-

-275.8

-40.3

-0.6

-331.5

Amortisation for the year

-

-55.4

-0.2

-

-6.3

-61.9

Closing accumulated amortisation

-

-331.1

-40.5

-0.6

-21.3

-393.5

P1 P2 P3 P4 P5 P6 P7 P8 P9

As of December 31, 2022 Acquisition value Accumulated amortisation Closing carrying amount

902.8

1,090.4 -331.1

40.5 -40.5

241.7

41.4 -21.3 20.1

2,316.8 -393.5 1,923.4

-

-0.6

902.8

759.3

-

241.2

Customer relationships

Capitalised development costs

2021

Goodwill

Platform Trademarks

Total

Opening acquisition value Acquisitions for the year Closing acquisition value

902.8

1,090.4

40.5

241.7

21.1

2,296.6

-

-

-

-

6.5

6.5

902.8

1,090.4

40.5

241.7

27.6

2,303.1

Opening accumulated amortisation

-

-220.4

-32.1

-0.3 -0.3 -0.6

-8.2 -6.8

-260.8

Amortisation for the year

-

-55.4

-8.2

-70.7

Closing accumulated amortisation

-

-275.8

-40.3

-15.0

-331.5

As of December 31, 2021 Acquisition value Accumulated amortisation Closing carrying amount

902.8

1,090.4 -275.8

40.5 -40.3

241.7

27.6 -15.0 12.7

2,303.1 -331.5 1,971.6

-

-0.6

902.8

814.7

0.2

241.2

58 · Hemnet Group | Annual and sustainability report 2022

Financial statements

Made with FlippingBook flipbook maker