Note 4 – Financial assets and liabilities valued at fair value

The table below shows the allocated level for financial assets and financial liabilities recognized at fair value in the Group’s balance sheet. Measurement of fair value is based on a three level hierarchy;

Level 1: prices that reflect quoted prices on an active market for identical assets.
Level 2: based on direct or indirect inputs observable to the market not included in level 1.
Level 3: based on inputs unobservable to the market.

For a description of how fair value has been calculated see the Annual Report 2017, note 35. The fair value of financial assets and liabilities is estimated to be, in principle, the same as their recognized values.

Group 31 Mar 2018 31 Mar 2017 31 Dec 2017
MSEK Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total
Koncernen 31 mar 2018 31 mar 2017 31 dec 2017
Mkr Nivå 1 Nivå 2 Nivå 3 Summa Nivå 1 Nivå 2 Nivå 3 Summa Nivå 1 Nivå 2 Nivå 3 Summa
Assets Tillgångar                        
Other securities held as fixed assets Andra långfristiga värdepappersinnehav 71 71 432 55 487 59 59
   Whereof shareholding in listed company    Varav marknadsnoterade aktier       – 432     432       –
   Whereof investment in unlisted funds    Varav icke marknadsnoterad fonder     71 71     55 55     59 59
Other long-term receivables Andra långfristiga fordringar 2 2 – 2 2
   Whereof commodity hedging with futures    Varav råvarusäkring med termin   2   2       –   2   2
Other current receivables Övriga kortfristiga fordringar 1 1 1 1 4 4
   Whereof currency swaps    Varav valutaswappar   1   1   1   1   4   4
Total assets Summa tillgångar – 3 71 74 432 1 55 488 – 6 59 65
Liabilities Skulder                        
Other long-term liabilities Övriga långfristiga skulder 36 23 59 80 26 106 44 23 67
   Whereof interest rate swaps    Varav ränteswappar   36   36   80   80   44   44
   Whereof contingent consideration    Varav villkorad köpeskilling     23 23   26 26     23 23
Other current liabilities Övriga kortfristiga skulder 10 11 21 3 3 2 11 13
   Whereof currency swaps    Varav valutaswappar   10   10   3   3   2   2
   Whereof contingent consideration    Varav villkorad köpeskilling     11 11     –     11 11
Total liabilities Summa skulder – 46 34 80 – 83 26 109 – 46 34 80
Parent company 31 Mar 2018 31 Mar 2017 31 Dec 2017
MSEK Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total
Moderbolaget 31 mar 2018 31 mar 2017 31 dec 2017
Mkr Nivå 1 Nivå 2 Nivå 3 Summa Nivå 1 Nivå 2 Nivå 3 Summa Nivå 1 Nivå 2 Nivå 3 Summa
Assets Tillgångar
Other securities held as fixed assets Andra långfristiga värdepappersinnehav – 432 432 –
   Whereof shareholding in listed company    Varav marknadsnoterade aktier       – 432     432       –
Total assets Summa tillgångar – – – – 432 – – 432 – – – –

The tables below is a reconciliation between the opening and closing balance for assets and liabilities included in level 3.

Group Other securities held as fixed asset
MSEK 31 mar 2018 31 mar 2017 31 dec 2017
Koncernen Andra långfristiga värdepappersinnehav
Mkr 31 mar 2018 31 mar 2017 31 dec 2017
Opening balance Ingående balans 59 54 54
Investments during the period Investeringar under perioden 5 1 17
Repayments during the period Återbetalningar under perioden – – -14
Dividends received Erhållen utdelning – – -1
Reported in profit for the period * Redovisat i periodens resultat * 7 – -2
Reported in other comprehensive income Redovisat i övrigt totalresultat – – 5
Closing balance Utgående balans 71 55 59

* Reported in net financial items

Group Contingent consideration
MSEK 31 mar 2018 31 mar 2017 31 dec 2017
Koncernen Villkorad köpeskilling
Mkr 31 mar 2018 31 mar 2017 31 dec 2017
Opening balance Ingående balans 34 23 23
Acquisitions during the period Periodens förvärv – 3 11
Reported in profit for the period Redovisat i periodens resultat
   Interest expense (discount) *    Räntekostnad (diskontering) * 0 0 0
Closing balance Utgående balans 34 26 34

The contingent consideration will amount to at least SEK 3 million and at most SEK 38 million.
* Reported in net financial items