Note 28
Cash flow statement
| Adjustment for items not included in cash flow | Group | Parent Company | ||
| 2018/2019 | 2017/2018 | 2018/2019 | 2017/2018 | |
| Depreciation/amortisation | 226 | 180 | 1 | 1 |
| Gain/loss on sale of operations and non-current assets | -6 | -31 | – | – |
| Change in pension liability | 0 | 2 | 2 | 0 |
| Change in other provisions and accrued items | 14 | 4 | – | – |
| Other | -5 | 4 | -3 | 3 |
| Total | 229 | 159 | 0 | 4 |
For the Group, interest received during the year totalled SEK 3 million (3), and interest paid was SEK 13 million (7). For the Parent Company, interest received during the year was SEK 25 million (19), and interest paid was SEK 13 million (6).
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:teringar har gjorts till följd av värdet av tillgångar och skulder i under året förvärvade företag, jämte justeringar, som exempelvis utbetalda villkorade köpeskillingar avseende förvärv genomförda tidigare år:
| 2018/2019 | 2017/2018 | |||
| Non-current assets | 689 | 646 | ||
| Inventories | 63 | 66 | ||
| Receivables | 185 | 148 | ||
| Cash and cash equivalents | 101 | 50 | ||
| Total | 1,038 | 910 | ||
| Interest-bearing liabilities and provisions | -150 | -207 | ||
| Non-interest-bearing liabilities and provisions | -241 | -208 | ||
| Total | -391 | -415 | ||
| Total adjustments of assets and liabilities | 647 | 495 | ||
| Consideration paid | -647 | -495 | ||
| Consideration paid regarding acquisitions implemented in previous years | -116 | -65 | ||
| Cash and cash equivalents in acquired companies | 101 | 50 | ||
| Effect on the Group’s cash and cash equivalents | -662 | -510 | ||
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 this year´s divested company Solar Supply Sweden AB:
| 2018/2019 | 2017/2018 | |||
| Non-current assets | 8 | 1 | ||
| Inventories | 16 | 15 | ||
| Receivables | 18 | 19 | ||
| Cash and cash equivalents | 3 | 16 | ||
| Interest-bearing liabilities and provisions | -8 | - | ||
| Non-interest-bearing liabilities and provisions | -22 | -33 | ||
| Divested net assets | 15 | 18 | ||
| Total | 5 | 31 | ||
| Consideration paid incl. contingent consideration | 20 | 49 | ||
| Cash and cash equivalents in acquired companies | -3 | -16 | ||
| Effect on the Group’s cash and cash equivalents | 17 | 33 | ||
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 | ||||||
| Group | 4/1/2018 | Cash flows | Non-cash flow affecting changes | 3/31/2019 | ||
| Acquisit ions of subsidi aries | Changes in fair value | 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 | ||||||
| Group | 4/1/2017 | Cash flows | Non-cash flow affecting changes | 3/31/2018 | ||
| Acquisitions of subsidiaries | Changes in fair value | Exchange rate differences | ||||
| Bank overdraft facility | 861 | -51 | 10 | 820 | ||
| Liabilities to credit institutions | 10 | 293 | 12 | 315 | ||
| Other non-current interest-bearing liabilities | 108 | -8 | 111 | 14 | 8 | 233 |
| Liabilities stemming from financing activities | 979 | 234 | 133 | 14 | 8 | 1,368 |
| Reconciliation of debts arising from financing activities | |||
| Parent Company | 4/1/2017 | Cash flows | 3/31/2018 |
| Bank overdraft facility | 821 | 209 | 1,030 |
| Liabilities to credit institutions | 300 | 400 | 700 |
| Liabilities stemming from financing activities | 1,121 | 609 | 1,730 |
| Reconciliation of debts arising from financing activities | |||
| Parent Company | 4/1/2017 | Cash flows | 3/31/2018 |
| Bank overdraft facility | 861 | -40 | 821 |
| Liabilities to credit institutions | - | 300 | 300 |
| Liabilities stemming from financing activities | 861 | 260 | 1,121 |