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 and Sustainability Report 2021, note 34. The fair value of financial assets and liabilities recognized as their amortized cost is estimated to be, in principle, the same as their recognized values.

Group Jun 30, 2022 Jun 30, 2021 Dec 31, 2021
MSEK Level 2 Level 3 Total Level 2 Level 3 Total Level 2 Level 3 Total
Koncernen 30 jun 2022 30 jun 2021 31 dec 2021
Mkr Nivå 2 Nivå 3 Summa Nivå 2 Nivå 3 Summa Nivå 2 Nivå 3 Summa
Financial assets Finansiella tillgångar
Securities held as fixed assets Långfristiga värdepappersinnehav 75 75 60 60 55 55
Of which unlisted funds Varav onoterade fonder 36 36 37 37 32 32
Of which unlisted shareholdings and participations Varav onoterade aktier och andelar 39 39 23 23 23 23
Other long-term receivables Andra långfristiga fordringar 2 2
Of which commodity hedging with futures Varav råvarusäkring med termin 2 2
Other current receivables Övriga kortfristiga fordringar 23 23 19 19 8 8
Of which commodity hedging with futures Varav råvarusäkring med termin 18 18 18 18 7 7
Of which currency swaps Varav valutaswappar 5 5 1 1 1 1
Total financial assets Summa finansiella tillgångar 25 75 100 19 60 79 8 55 63
Financial liabilities Finansiella skulder
Other long-term liabilities Övriga långfristiga skulder 5 5
Of which interest rate swaps Varav ränteswappar 5 5
Other current liabilities Övriga kortfristiga skulder 5 5 13 13 6 6
Of which interest rate swaps Varav ränteswappar 2 2
Of which currency swaps Varav valutaswappar 1 1 1 1
Of which commodity hedging with futures Varav råvarusäkring med termin 4 4 12 12 1 1
Of which contingent consideration Varav villkorad köpeskilling 1 1 2 2
Total financial liabilities Summa finansiella skulder 5 5 18 18 6 6

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

The contingent consideration will amount from SEK 0 million to maximum of SEK 1 million.