Note 28

Cash flow statement

Adjustment for Group Parent Company
items not included in cash flow 2019/2020 2018/2019 2019/2020 2018/2019
Depreciation/amortisation 418 226 1 1
Revaluation of contingent considerations -52 -8
Gain/loss on sale of operations and non-current assets -1 -6
Change in pension liability 2 0 2 2
Change in other provisions and accrued items -4 14
Other -9 3 -3 -3
Total 354 229 0 0

For the Group, interest received during the year totalled SEK 4 million (3), and interest paid was SEK 19 million (13). For the Parent Company, interest received during the year was SEK 27 million (25), and interest paid was SEK 17 million (13).

Acquisitions
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:

2019/2020 2018/2019
Non-current assets 440 689
Inventories 82 63
Receivables 110 185
Cash and cash equivalents 65 101
Total 697 1,038
Interest-bearing liabilities and provisions -138 -150
Non-interest-bearing liabilities and provisions -142 -241
Total -280 -391
Total adjustments of assets and liabilities 417 647
Consideration paid, the year’s acquisitions -417 -647
Consideration paid, prior years’ acquisitions -79 -116
Cash and cash equivalents in acquired companies 65 101
Effect on the Group’s cash and cash equivalents -431 -662

All operations acquired during the year were consolidated in the accounts using the acquisition method.

Divestments
The following adjustments have been made as a result of the valuation of assets and liabilities in companies divested during the year:

2019/2020 2018/2019
Non-current assets 0 8
Inventories 0 16
Receivables 1 18
Cash and cash equivalents 0 3
Interest-bearing liabilities and provisions -8
Non-interest-bearing liabilities and provisions 0 -22
Divested net assets 1 15
Total 0 5
Consideration paid incl. contingent consideration 1 20
Cash and cash equivalents in acquired companies 0 -3
Effect on the Group’s cash and cash equivalents 1 17

Cash and cash equivalents in the cash flow statement consist of cash and bank balances. The same definition used in determining cash and cash equivalents in the balance sheet has been applied in the cash flow statement.

Reconciliation of debts arising from financing activities
1 April 2019 Cash flows Non-cash changes 31 March 2020
Group Acquisitions of subsidiaries Adjustment in income statement Exchange rate differences New lease contract Ended lease contract New accounting principle, IFRS 16
Bank overdraft facility 1,030 -873 - - 0 - - - 157
Liabilities to credit institutions 739 897 10 - 3 - - - 1,649
Other non-current interest-bearing liabilities 229 1 -4 -48 5 - - - 183
Lease liabilities - -156 - 8 6 216 -5 558 627
Liabilities stemming from financing activities 1,998 -131 6 -40 14 216 -5 558 2,616
Reconciliation of debts arising from financing activities
1 April 2018 Cash flows Non-cash changes 31 March 2019
Group Acquisitions of subsidiaries Adjustment in income statement Exchange rate differences
Bank overdraft facility 820 210 - - - 1,030
Liabilities to credit institutions 315 371 52 - 1 739
Other non-current interest-bearing liabilities 233 8 -13 3 -2 229
Liabilities stemming from financing activities 1,368 589 39 3 -1 1,998
Reconciliation of debts arising from financing activities
Parent Company 1 April 2019 Cash flows 31 March 2020
Bank overdraft facility 1,030 -874 156
Liabilities to credit institutions 700 900 1,600
Liabilities stemming from financing activities 1,730 26 1,756
Reconciliation of debts arising from financing activities
Parent Company 1 April 2018 Cash flows 31 March 2019
Bank overdraft facility 821 209 1,030
Liabilities to credit institutions 300 400 700
Liabilities stemming from financing activities 1,121 609 1,730

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