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 Sep 30, 2022 Sep 30, 2021 Dec 31, 2021
MSEK Level 2 Level 3 Total Level 2 Level 3 Total Level 2 Level 3 Total
Koncernen 30 sep 2022 30 sep 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 76 76 55 55 55 55
Of which unlisted funds Varav onoterade fonder 35 35 32 32 32 32
Of which unlisted shareholdings and participations Varav onoterade aktier och andelar 41 41 23 23 23 23
Other long-term receivables Andra långfristiga fordringar 1 1 – –
Of which commodity hedging with futures Varav råvarusäkring med termin 1 1 – –
Other current receivables Övriga kortfristiga fordringar 12 12 10 10 8 8
Of which commodity hedging with futures Varav råvarusäkring med termin 7 7 9 9 7 7
Of which currency swaps Varav valutaswappar 5 5 1 1 1 1
Total financial assets Summa finansiella tillgångar 13 76 89 10 55 65 8 55 63
Financial liabilities Finansiella skulder
Other long-term liabilities Övriga långfristiga skulder – 3 3 –
Of which interest rate swaps Varav ränteswappar – 3 3 –
Other current liabilities Övriga kortfristiga skulder 16 16 4 4 6 6
Of which interest rate swaps Varav ränteswappar – – 2 2
Of which currency swaps Varav valutaswappar 1 1 2 2 1 1
Of which commodity hedging with futures Varav råvarusäkring med termin 14 14 – 1 1
Of which contingent consideration Varav villkorad köpeskilling 1 1 2 2 2 2
Total financial liabilities Summa finansiella skulder 16 – 16 7 – 7 6 – 6

 

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, 2022 Sep 30, 2021 Dec 31, 2021 Sep 30, 2022 Sep 30, 2021 Dec 31, 2021
Koncernen Långfristiga värdepappersinnehav
Onoterade fonder Onoterade aktier och andelar
Mkr 30 sep 2022 30 sep 2021 31 dec 2021 30 sep 2022 30 sep 2021 31 dec 2021
Opening balance Ingående balans 32 37 37 23 23 23
Investments Investeringar 2 4 4 18
Dividends received Erhållen utdelning -12 -12
Reported in profit/loss for the period Redovisat i periodens resultat
Net finance Finansnetto 1 3 3
Closing balance Utgående balans 35 32 32 41 23 23
Group Contingent consideration
MSEK Sep 30, 2022 Sep 30, 2021 Dec 31, 2021
Koncernen Villkorad köpeskilling
Mkr 30 sep 2022 30 sep 2021 31 dec 2021
Opening balance Ingående balans 2 – –
Aquisitions during the period Periodens förvärv 2 2
Payments during the period Periodens utbetalningar -1
Closing balance Utgående balans 1 2 2
The contingent consideration will amount from SEK 0 million to maximum of SEK 1 million.