Notes for P&L
All amounts in SEKm unless otherwise stated
Note 32 Cash flow statement
| Group | Parent company | |||
|---|---|---|---|---|
| Adjustment for items not included in cash flow | 2020 | 2019 | 2020 | 2019 |
| Depreciation and amortisation | 273.7 | 233.3 | 0.2 | 0.1 |
| Gain/loss on sale of operations and non-current assets | -3.7 | -0.6 | – | – |
| Change in pension liability | -0.7 | 0.8 | – | – |
| Change in other provisions and accrued items | 22.5 | 4.3 | – | – |
| Group contributions/ dividends not paid | – | – | – | – |
| Other | -11.4 | 1.3 | -21.3 | 0.2 |
| Total | 280.4 | 239.1 | -21.1 | 0.3 |
For the Group, interest received during the year totalled SEK 0.8 million (0.9), and interest paid was SEK 13.1 million (8.0).
The following adjustments were made as a result of the value of assets and liabilities in companies acquired during the year, together with adjustments such as contingent considerations paid for acquisitions made in previous years:
| 2020 | 2019 | |
|---|---|---|
| Non-current assets | 310.3 | 229.5 |
| Inventories | 103.1 | 27.4 |
| Receivables | 138.6 | 28.5 |
| Cash and cash equivalents | 68.1 | 17.0 |
| Total | 620.1 | 302.4 |
| Interest-bearing liabilities and provisions | – | – |
| Non-interest-bearing liabilities and provisions | 226.8 | 46.0 |
| Total | 226.8 | 46.0 |
| Consideration paid | -411.2 | -335.3 |
| Cash and cash equivalents in acquired companies | 68.1 | 17.0 |
| Effect on the Group’s cash and cash equivalents | 343.1 | 318.3 |
All businesses acquired during the year were consolidated in the accounts using the acquisition method.
Cash and cash equivalents in the cash flow statement consist of cash and bank balances.The same definition applied to determine cash and cash equivalents in the balance sheet was applied in the cash flow statement.
| Reconciliation of debts arising from financing activities | |||||||
|---|---|---|---|---|---|---|---|
| Changes that do not affect cash flow | |||||||
| Group | Opening balance 2020-01-01 |
Cash flow | Acquisition of subsi- diaries |
Exchange rate changes | Changes in fair value | Leases | Closing balance 2020-12-31 |
| Bank overdraft facility | 463.2 | -463.2 | – | – | – | – | 0.0 |
| Liabilities to credit institutions | 194.4 | 210.5 | 66.9 | -19.4 | – | – | 452.4 |
| Other interest-bearing liabilities | 17.9 | 0.8 | 71.6 | -5.7 | 1.2 | – | 85.8 |
| Lease liability | 215.7 | -99.9 | – | – | – | 117.5 | 233.3 |
| Total | 891.2 | -351.8 | 138.5 | -25.1 | 1.2 | 117.5 | 771.5 |
| Parent Company | Opening balance 2020-01-01 |
Cash flow | Exchange rate changes | Closing balance 2020-12-31 |
|||
| Bank overdraft facility | 463.2 | -463.2 | – | 0.0 | |||
| Current liabilities to credit institutions | 196.6 | 233.9 | -21.7 | 408.8 | |||
| Total | 659.8 | -229.3 | -21.7 | 408.8 | |||
| Reconciliation of debts arising from financing activities | ||||||
|---|---|---|---|---|---|---|
| Change that do not affect cash flow | ||||||
| Group | Opening balance 2019-01-01 |
Cash flow | Acquisition of subsidiaries | Exchange rate changes | Leases¹ | Closing balance 2019-12-31 |
| Bank overdraft facility | 129.9 | 333.3 | – | – | – | 463.2 |
| Liabilities to credit institutions | 706.2 | -502.8 | -8.5 | -0.5 | – | 194.4 |
| Other interest-bearing liabilities | 9.4 | – | 8.5 | – | – | 17.9 |
| Lease liability | – | -86.4 | – | – | 302.1 | 215.7 |
| Total | 845.5 | -255.9 | 0.0 | -0.5 | 302.1 | 891.1 |
| ¹ Of which 229.6 relates to the effect of the new accounting standard and the remainder relates to new investments. | ||||||
| Parent Company | Opening balance 2019-01-01 |
Cash flow | Closing balance 2019-12-31 |
|||
| Bank overdraft facility | 129.9 | 333.3 | 463.2 | |||
| Current liabilities to credit institutions | 700.7 | -504.1 | 196.6 | |||
| Total | 830.6 | -170.8 | 659.8 | |||