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% | +/–910 |
| Exchange rates, SEK1 | +/–10% | –/+660 |
| - of which related to EUR | +/–10% | –/+330 |
| - of which related to USD | +/–10% | –/+250 |
| - of which related to GBP | +/–10% | –/+80 |
| Fibre price2 | +/–10% | –/+840 |
| Electricity price3 | +/–10% | –/+85 |
| Loan interest rate4 | +/–1 percentage point | –/+60 |
1 Excluding effects of currency hedging.
2 Pertains to wood and pulp.
3 Excluding effects of electricity price hedging.
4 Excluding effects of interest hedging.
| Breakdown of operating costs, % | |
| Fibre (wood and external pulp) | 36 |
| Chemicals | 10 |
| Delivery expenses | 10 |
| Energy | 4 |
| Other variable costs | 6 |
| Employee benefit costs | 16 |
| Depreciation/amortisation | 7 |
| Other fixed costs | 11 |
| Total | 100 |