EX-99.2 2 a20-16695_1ex99d2.htm EX-99.2

Exhibit 99.2

 

CAPITALIZATION

 

The following table sets out SEK’s consolidated capitalization as at March 31, 2020. This table should be read in conjunction with the unaudited financial statements included in our Report on Form 6-K for the three months ended March 31, 2020.

 

(Skr millions)

 

 

 

Senior debt:

 

 

 

Long-term

 

222,001

 

Short-term

 

90,838

 

Total senior debt (1), (2)

 

312,839

 

 

 

 

 

Subordinated debt:

 

 

 

Long-term

 

—

 

Short-term

 

—

 

Total subordinated debt (1)

 

—

 

 

 

 

 

Equity:

 

 

 

Share capital (3,990,000) shares issued and paid-up, par value skr 1,000 (3)

 

3,990

 

Reserves

 

– 64

 

Retained earnings

 

15,358

 

 

 

 

 

Total

 

19,284

 

 

 

 

 

Total capitalization

 

332,123

 

 

(1)                                 At March 31, 2020, our consolidated group had no contingent liabilities. Other than that disclosed herein, we had no other indebtedness as at March 31, 2020.

(2)                                 Unguaranteed and unsecured.

(3)                                 In accordance with our Articles of Association, SEK’s share capital shall neither be less than Skr 1,500 million nor more than Skr 6,000 million.

 

There has been no material change in SEK’s capitalization, contingent liabilities and guarantees since March 31, 2020.