Note 28

Cash flow statement

Adjustment for Group Parent Company
items not included in cash flow 2020/2021 2019/2020 2020/2021 2019/2020
Depreciation/amortisation 512 418 0 1
Revaluation of contingent considerations 9 -52
Gain/loss on sale of operations and non-current assets 0 -1
Change in pension liability -4 2 2 2
Change in other provisions and accrued items 8 -4
Other 26 -9 5 -3
Total 551 354 7 0

For the Group, interest received during the year totalled SEK 4 million (4), and interest paid was SEK 26 million (19). For the Parent Company, interest received during the year was SEK 31 million (27), and interest paid was SEK 22 million (17).

Acquisitions
The following adjustments were made as a result of the value of assets and liabilities in companies acquired during the year, together with adjustments such as contingent considerations paid for acquisitions made in previous year:

2020/2021 2019/2020
Non-current assets 1,612 440
Inventories 138 82
Receivables 160 110
Cash and cash equivalents 285 65
Total 2,195 697
Interest-bearing liabilities and provisions -237 -138
Non-interest-bearing liabilities and provisions -553 -142
Total -790 -280
Total adjustments of assets and liabilities 1,405 417
Consideration paid, the year’s acquisitions -1,405 -417
Consideration paid, prior years’ acquisitions -78 -79
Cash and cash equivalents in acquired companies 285 65
Effect on the Group’s cash and cash equivalents -1,198 -431

All operations acquired during the year were consolidated in the accounts using the acquisition method.

Divestments
The following adjustments have been made as a result of the valuation of assets and liabilities in companies divested during the year:

2020/2021 2019/2020
Non-current assets 1 0
Inventories 4 0
Receivables 4 1
Cash and cash equivalents 22 0
Interest-bearing liabilities and provisions
Non-interest-bearing liabilities and provisions -6 0
Divested net assets 25 1
Capital gains 2 0
Currency translation differences -6
Consideration paid incl. contingent consideration 21 1
Less: Cash and cash equivalents in divested companies -22 0
Less: Consideration not yet paid -20
Effect on the Group’s cash and cash equivalents -21 1

Cash and cash equivalents in the cash flow statement consist of cash and bank balances. The same definition used in determining cash and cash equivalents in the balance sheet has been applied in the cash flow statement.

Reconciliation of debts arising from financing activities
1 April 2020 Cash flows Non-cash changes 31 March 2021
Group Acquisitions of subsidiaries Adjustment in income statement Exchange rate differences New lease contract Ended lease contract
Bank overdraft facility 157 644 - - 0 - - 801
Liabilities to credit institutions 1,649 -336 6 - -3 - - 1,316
Other non-current interest-bearing liabilities 183 -2 232 21 -9 - - 425
Lease liabilities 627 -192 51 9 -18 225 -26 676
Liabilities stemming from financing activities 2,616 114 289 30 -30 225 -26 3,218
Reconciliation of debts arising from financing activities
1 April 2019 Cash flows Non-cash changes 31 March 2020
Group Acquisitions of subsidiaries Adjustment in income statement Exchange rate differences New lease contract Ended lease contract New accounting principle, IFRS 16
Bank overdraft facility 1,030 -873 - - 0 - - - 157
Liabilities to credit institutions 739 897 10 - 3 - - - 1,649
Other non-current interest-bearing liabilities 229 1 -4 -48 5 - - - 183
Lease liabilities - -156 - 8 6 216 -5 558 627
Liabilities stemming from financing activities 1,998 -131 6 -40 14 216 -5 558 2,616
Reconciliation of debts arising from financing activities
Parent Company 1 April 2020 Cash flows 31 March 2021
Bank overdraft facility 156 644 800
Liabilities to credit institutions 1,600 -300 1,300
Liabilities stemming from financing activities 1,756 344 2,100
Reconciliation of debts arising from financing activities
Parent Company 1 April 2019 Cash flows 31 March 2020
Bank overdraft facility
Liabilities to credit institutions
Liabilities stemming from financing activities

This website uses cookies

This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Cookie Policy.