EX-7.1 5 a15-5090_1ex7d1.htm EX-7.1

Exhibit 7.1

 

STATEMENT OF RATIOS OF EARNINGS TO FIXED CHARGES

Calculation of Ratios of Earnings to Fixed Charges

for SEK excluding the S-system

on the Basis of IFRS

 

 

 

Year end December 31,

 

(Skr millions, except for ratios)

 

2014

 

2013

 

2012

 

Fixed Charges:

 

 

 

 

 

 

 

Interest expenses

 

2,196

 

2,603

 

3,527

 

Earnings:

 

 

 

 

 

 

 

Net profit

 

1,260

 

1,090

 

709

 

Taxes

 

369

 

318

 

116

 

Fixed charges

 

2,196

 

2,603

 

3,527

 

 

 

3,825

 

4,011

 

4,351

 

 

 

 

 

 

 

 

 

Ratio of earnings to fixed charges

 

1.74

 

1.54

 

1.23

 

 

For the purpose of calculating ratios of earnings to fixed charges, earnings consist of net profit for the year, plus taxes and fixed charges. Fixed charges consist of interest expenses, including borrowing costs, of SEK.