Fourth quarter and full year 2022 financial results impacted by non-cash impairments
After conducting the review of the carrying value of Telia Company’s assets and reflecting the changed macro-economic landscape and increase in the company's Weighted Average Cost of Capital (WACC) from increased market interest rates, there is a need to perform non-cash impairments of goodwill in a number of Telia Company’s business units. Specifically, non-cash impairment charges of SEK 9.5 billion relating to Finland, SEK 8.5 billion relating to Norway, and a total of SEK 1.1 billion relating to Denmark and Latvia will be recorded. In addition, there will be a SEK 0.3 billion non-cash