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 |