Sensitivity analysis
BillerudKorsnäs is affected by the general economic climate, changes in exchange rates and other factors more specific to the Company. BillerudKorsnäs actively seeks to minimise risk through preventive measures. Wherever this is not possible, risk is hedged or insured against.
Sensitivity analysis
| Approximate effects on earnings before tax |
||
| Variable | Change | SEKm |
| Sales volume | +/–10% | +/–900 |
| Exchange rates SEK* | +/–10% | –/+640 |
| Fibre price | +/–10% | –/+700 |
| Price of electricity** | +/–10% | –/+40 |
| Interest rate on loans*** | +/–1 pctg point | –/+28 |
*Excluding effects of currency hedging.
**Excluding effects of electricity price hedging.
***Excluding effects of interest hedging.
| An approximate breakdown of BillerudKorsnäs' operating costs, % | |
| Fibre (wood and external pulp) | 34 |
| Chemicals | 9 |
| Customer delivery expenses | 10 |
| Energy | 4 |
| Other variable costs | 5 |
| Employee benefits expense | 17 |
| Depreciation/amortisation | 8 |
| Other fixed costs | 13 |
| Total | 100 |