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Sandvik

Annual Report 2022

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Primary Menu

  • 2022 in brief
    2022 in brief
    • Important events
    • Key figures, Group total
    • About Sandvik
    • Letter from the CEO
    • Trends and driving forces
    • Our share
      • Overview
      • Sandvik as an investment
      • Dialogue with analysts
      • Annual General Meeting
  • Strategy
    Strategy
    • Value creation
      • Overview
      • Shift to growth
      • Digital shift
      • Sustainability shift
      • Agile through cycle
      • Customer’s first choice
      • Employer of choice
    • Targets and target fulfillment
    • Strategic risk landscape
    • Alleima
  • Operations
    Operations
    • Sandvik Mining and Rock Solutions
      • Overview
      • Strategy and growth
      • Sustainability, customers and employees
      • Innovations
      • Future opportunities
    • Sandvik Rock Processing Solutions
      • Overview
      • Strategy and growth
      • Sustainability, customers and employees
      • Innovations
      • Future opportunities
    • Sandvik Manufacturing and Machining Solutions
      • Overview
      • Strategy and growth
      • Sustainability, customers and employees
      • Innovations
      • Future opportunities
  • Directors’ report
    Directors’ report
    • Group total
    • Development in business areas
    • Corporate Governance Report
      • Overview
      • The Sandvik Way
      • Ownership structure and AGM
      • Nomination committee
      • Board of Directors
      • Board Committees
      • President and Group Executive Management, business areas and Group functions
      • External auditor
      • Internal control over financial reporting
    • Board of Directors
    • Group Executive Management
    • Risk management
      • Overview
      • Key risks 2022
  • Financial information
    Financial information
    • Consolidated financial statements
      • Income statement
      • Balance sheet
      • Changes in equity
      • Cash flow statement
    • Group notes
      • G1 Significant accounting principles
      • G2 Segment information
      • G3 Categories of revenue
      • G4 Personnel information and remuneration of management
      • G5 Remuneration to auditors
      • G6 Research and development costs
      • G7 Other operating income
      • G8 Other operating expenses
      • G9 Operating expenses
      • G10 Net financial items
      • G11 Income tax
      • G12 Earnings per share
      • G13 Intangible assets
      • G14 Property, plant and equipment
      • G15 Right-of-use assets
      • G16 Shares in associates, joint ventures and financial assets
      • G17 Non-current receivables
      • G18 Inventories
      • G19 Trade receivables
      • G20 Other current receivables
      • G21 Capital and reserves
      • G22 Provisions for pension and other non-current post-employment benefits
      • G23 Other interest-bearing liabilities
      • G24 Other provisions
      • G25 Other liabilities
      • G26 Accrued expenses
      • G27 Contingent liabilities and pledged assets
      • G28 Supplementary information – financial risk management
      • G29 Transactions with related parties
      • G30 Supplementary information to the cash flow statement, group total
      • G31 Business combinations
      • G32 Divestments, discontinued operations and assets held for sale
      • G33 Government grants
      • G34 Events after the end of the period
    • Financial statements,
      Parent Company
      • Income statement
      • Balance sheet
      • Changes in equity
      • Cash flow statement
    • Parent Company notes
      • P1 Accounting principles, Parent Company
      • P2 Categories of revenue
      • P3 Personnel information and remuneration to management
      • P4 Remuneration to auditors
      • P5 Research and development
      • P6 Other operating income and expenses
      • P7 Financial income and expenses
      • P8 Income tax
      • P9 Intangible assets
      • P10 Property, plant and equipment
      • P11 Leases
      • P12 Shares in Group companies
      • P13 Non-current receivables and other current receivables
      • P14 Inventories
      • P15 Capital and reserves
      • P16 Provisions for pension and other non-current post-employment benefits
      • P17 Other provisions
      • P18 Non-current interest-bearing liabilities
      • P19 Accrued expenses and deferred income
      • P20 Contingent liabilities and pledged assets
      • P21 Transactions with related parties
      • P22 Supplementary information to the cash flow statement
      • P23 Events after the end of the period
    • Board statement on dividend proposal
    • Proposed appropriation of profits
    • Auditors’ report
  • Sustainable business
    Sustainable business
    • Sustainability Governance
      • Overview
      • Materiality assessment
      • Code of Conduct
      • Compliance
      • Human rights
      • Employees
      • Environment, Health and Safety
      • Sustainable supplier management
      • Community involvement
    • Non-financial notes
      • NF1 About this report
      • NF2 Stakeholder dialogues
      • NF3 Code of Conduct
      • NF4 Whistleblowing (Speak Up)
      • NF5 Compliance
      • NF6 Employees
      • NF7 Health and Safety (EHS)
      • NF8 Environmental footprint
      • NF9 Sustainable supplier management
      • NF10 Community involvement
      • NF11 EU taxonomy
      • NF12 GRI index
    • Assurance report

Primary Menu

  • 2022 in brief
    2022 in brief
    • Important events
    • Key figures, Group total
    • About Sandvik
    • Letter from the CEO
    • Trends and driving forces
    • Our share
      • Overview
      • Sandvik as an investment
      • Dialogue with analysts
      • Annual General Meeting
  • Strategy
    Strategy
    • Value creation
      • Overview
      • Shift to growth
      • Digital shift
      • Sustainability shift
      • Agile through cycle
      • Customer’s first choice
      • Employer of choice
    • Targets and target fulfillment
    • Strategic risk landscape
    • Alleima
  • Operations
    Operations
    • Sandvik Mining and Rock Solutions
      • Overview
      • Strategy and growth
      • Sustainability, customers and employees
      • Innovations
      • Future opportunities
    • Sandvik Rock Processing Solutions
      • Overview
      • Strategy and growth
      • Sustainability, customers and employees
      • Innovations
      • Future opportunities
    • Sandvik Manufacturing and Machining Solutions
      • Overview
      • Strategy and growth
      • Sustainability, customers and employees
      • Innovations
      • Future opportunities
  • Directors’ report
    Directors’ report
    • Group total
    • Development in business areas
    • Corporate Governance Report
      • Overview
      • The Sandvik Way
      • Ownership structure and AGM
      • Nomination committee
      • Board of Directors
      • Board Committees
      • President and Group Executive Management, business areas and Group functions
      • External auditor
      • Internal control over financial reporting
    • Board of Directors
    • Group Executive Management
    • Risk management
      • Overview
      • Key risks 2022
  • Financial information
    Financial information
    • Consolidated financial statements
      • Income statement
      • Balance sheet
      • Changes in equity
      • Cash flow statement
    • Group notes
      • G1 Significant accounting principles
      • G2 Segment information
      • G3 Categories of revenue
      • G4 Personnel information and remuneration of management
      • G5 Remuneration to auditors
      • G6 Research and development costs
      • G7 Other operating income
      • G8 Other operating expenses
      • G9 Operating expenses
      • G10 Net financial items
      • G11 Income tax
      • G12 Earnings per share
      • G13 Intangible assets
      • G14 Property, plant and equipment
      • G15 Right-of-use assets
      • G16 Shares in associates, joint ventures and financial assets
      • G17 Non-current receivables
      • G18 Inventories
      • G19 Trade receivables
      • G20 Other current receivables
      • G21 Capital and reserves
      • G22 Provisions for pension and other non-current post-employment benefits
      • G23 Other interest-bearing liabilities
      • G24 Other provisions
      • G25 Other liabilities
      • G26 Accrued expenses
      • G27 Contingent liabilities and pledged assets
      • G28 Supplementary information – financial risk management
      • G29 Transactions with related parties
      • G30 Supplementary information to the cash flow statement, group total
      • G31 Business combinations
      • G32 Divestments, discontinued operations and assets held for sale
      • G33 Government grants
      • G34 Events after the end of the period
    • Financial statements,
      Parent Company
      • Income statement
      • Balance sheet
      • Changes in equity
      • Cash flow statement
    • Parent Company notes
      • P1 Accounting principles, Parent Company
      • P2 Categories of revenue
      • P3 Personnel information and remuneration to management
      • P4 Remuneration to auditors
      • P5 Research and development
      • P6 Other operating income and expenses
      • P7 Financial income and expenses
      • P8 Income tax
      • P9 Intangible assets
      • P10 Property, plant and equipment
      • P11 Leases
      • P12 Shares in Group companies
      • P13 Non-current receivables and other current receivables
      • P14 Inventories
      • P15 Capital and reserves
      • P16 Provisions for pension and other non-current post-employment benefits
      • P17 Other provisions
      • P18 Non-current interest-bearing liabilities
      • P19 Accrued expenses and deferred income
      • P20 Contingent liabilities and pledged assets
      • P21 Transactions with related parties
      • P22 Supplementary information to the cash flow statement
      • P23 Events after the end of the period
    • Board statement on dividend proposal
    • Proposed appropriation of profits
    • Auditors’ report
  • Sustainable business
    Sustainable business
    • Sustainability Governance
      • Overview
      • Materiality assessment
      • Code of Conduct
      • Compliance
      • Human rights
      • Employees
      • Environment, Health and Safety
      • Sustainable supplier management
      • Community involvement
    • Non-financial notes
      • NF1 About this report
      • NF2 Stakeholder dialogues
      • NF3 Code of Conduct
      • NF4 Whistleblowing (Speak Up)
      • NF5 Compliance
      • NF6 Employees
      • NF7 Health and Safety (EHS)
      • NF8 Environmental footprint
      • NF9 Sustainable supplier management
      • NF10 Community involvement
      • NF11 EU taxonomy
      • NF12 GRI index
    • Assurance report
(PDF:) Download

Directors’ report

  • Group total
  • Development in business areas
  • Corporate Governance Report
    • Overview
    • The Sandvik Way
    • Ownership structure and AGM
    • Nomination committee
    • Board of Directors
    • Board Committees
    • President and Group Executive Management, business areas and Group functions
    • External auditor
    • Internal control over financial reporting
  • Board of Directors
  • Group Executive Management
  • Risk management
    • Overview
    • Key risks 2022

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Risk management

  • Overview

  • Key risks 2022

Related links

  • President and Group Executive Management, business areas and Group functions
  • Internal control over financial reporting
  • G28 Supplementary information – financial risk management
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Sandvik
Sandvik

Sandvik is an engineering group in mining and rock excavation, metal-cutting and materials technology.

Copyright © Sandvik AB; (publ)
Box 510, SE-101 30 Stockholm, Sweden
Phone: +46 8 456 11 00

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