Note 3 – 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 2016, note 34. The fair value of financial assets and liabilities is estimated to be, in principle, the same as their booked values.

Group   30 Jun 2017 30 Jun 2016 31 Dec 2016
MSEK Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total
  Koncernen 30 jun 2017 30 jun 2016 31 dec 2016
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 611 58 669 301 32 333 480 54 534
    Whereof shareholding in listed company    Varav marknadsnoterade aktier 611     611 301     301 480     480
    Whereof investment in an unlisted fund    Varav icke marknadsnoterad fond     58 58     32 32     54 54
Other current receivables Övriga kortfristiga fordringar 7 7 1 1 12 12
    Whereof currency swaps    Varav valutaswappar   7   7   1   1   12   12
Total assets Summa tillgångar 611 7  58 676 301 1 32 334 480 12 54 546
Liabilities Skulder
Other long-term liabilities Övriga långfristiga skulder 66 26 92 135 135 95 23 118
    Whereof commodity hedging with futures    Varav råvarusäkring med termin       –   1   1       –
    Whereof interest rate swaps    Varav ränteswappar   66   66   134   134   95   95
    Whereof contingent consideration    Varav villkorad köpeskilling     26 26       –     23 23
Other current liabilities Övriga kortfristiga skulder 0 0 2 2 0 0
    Whereof currency swaps    Varav valutaswappar   0   0   2   2   0   0
Total liabilities Summa skulder – 66 26 92 – 137 – 137 – 95 23 118
Parent company   30 Jun 2017 30 Jun 2016 31 Dec 2016
MSEK Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total
  Moderbolaget 30 jun 2017 30 jun 2016 31 dec 2016
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 611 611 301 301 480 480
  Whereof shareholding in listed company    Varav marknadsnoterade aktier 611     611 301     301 480     480
Total assets Summa tillgångar 611 –  –  611 301 – – 301 480 – – 480

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 30 Jun 2017 30 Jun 2016 31 Dec 2016
  Koncernen Andra långfristiga värdepappersinnehav
Mkr 30 jun 2017 30 jun 2016 31 dec 2016
Opening balance Ingående balans 54 49 49
Investments during the period Investeringar under perioden 4 2 38
Dividends received Erhållen utdelning 0 -37 -51
Reported in profit for the period * Redovisat i periodens resultat * 0 22 22
Reported in other comprehensive income Redovisat i övrigt totalresultat 0 -4 -4
Closing balance Utgående balans 58 32 54


* Reported in net financial items

Group   Contingent consideration
MSEK 30 Jun 2017 30 Jun 2016 31 Dec 2016
  Koncernen Villkorad köpeskilling
Mkr 30 jun 2017 30 jun 2016 31 dec 2016
Opening balance Ingående balans 23 –  –
Acquisitions for the period Periodens förvärv 3 24
Reported in profit for the period Redovisat i periodens resultat
   Other operating income    Övriga rörelseintäkter – -1
   Interest expense (discount) *    Räntekostnad (diskontering) * 0 0
Closing balance Utgående balans 26 – 23

The contingent consideration will amount to at least SEK 0 million and at most SEK 30 million.

* Reported in net financial items