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 2020, note 35. 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 Sep 30, 2021 Sep 30, 2020 Dec 31, 2020
MSEK Level 2 Level 3 Total Level 2 Level 3 Total Level 2 Level 3 Total
Koncernen 30 sep 2021 30 sep 2020 31 dec 2020
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 55 55 67 67 60 60
Of which unlisted funds Varav onoterade fonder 32 32 44 44 37 37
Of which unlisted shareholdings and participations Varav onoterade aktier och andelar 23 23 23 23 23 23
Other current receivables Övriga kortfristiga fordringar 10 10 6 6 5 5
Of which commodity hedging with futures Varav råvarusäkring med termin 9 9 5 5 5 5
Of which currency swaps Varav valutaswappar 1 1 1 1   –
Total financial assets Summa finansiella tillgångar 10 55 65 6 67 73 5 60 65
Financial liabilities Finansiella skulder
Other long-term liabilities Övriga långfristiga skulder 3 3 9 9 8 8
Of which interest rate swaps Varav ränteswappar 3 3 9 9 8 8
Other current liabilities Övriga kortfristiga skulder 4 4 5 5 4 4
Of which currency swaps Varav valutaswappar 2 2 1 1 2 2
Of which commodity hedging with futures Varav råvarusäkring med termin – 4 4 2 2
Of which contingent consideration Varav villkorad köpeskilling 2 2   –   –
Total financial liabilities Summa finansiella skulder 7 – 7 14 – 14 12 – 12

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

Group Securities held as fixed asset
Unlisted funds Unlisted shares and participations
MSEK Sep 30, 2021 Sep 30, 2020 Dec 31, 2020 Sep 30, 2021 Sep 30, 2020 Dec 31, 2020
Koncernen Långfristiga värdepappersinnehav
Onoterade fonder Onoterade aktier och andelar
Mkr 30 sep 2021 30 sep 2020 31 dec 2020 30 sep 2021 30 sep 2020 31 dec 2020
Opening balance Ingående balans 37 58 58 23 24 24
Investments Investeringar 4 3 4
Sales Försäljningar -1 -1
Dividends received Erhållen utdelning -12 -17 -21
Reported in profit/loss for the period Redovisat i periodens resultat
Net finance Finansnetto 3 0 -4
Closing balance Utgående balans 32 44 37 23 23 23
Group Contingent consideration
MSEK Sep 30, 2021 Sep 30, 2020 Dec 31, 2020
Koncernen Villkorad köpeskilling
Mkr 30 sep 2021 30 sep 2020 31 dec 2020
Opening balance Ingående balans – 1 1
Aquisitions during the period Periodens förvärv 2
Payments during the period Periodens utbetalningar -1 -1
Closing balance Utgående balans 2 – –
The contingent consideration will amount from SEK 0 million to maximum of SEK 6 million.