Alternative performance measures

The Group uses a number of alternative performance measures in its report. The alternative performance measures that BE Group considers significant are the following:

Underlying operating result (uEBIT)

(SEK M) 2023
Jan-Mar
2022
Jan-Mar
2022
Full-year
Rolling
12 months
(MSEK) 2023
jan-mar
2022
jan-mar
2022
helår
Rullande
12 mån
Operating result Rörelseresultat 1 184 418 235
Reversal of inventory gains (-)/losses (+) Återläggning lagervinster (-)/förluster (+) 9 -4 70 83
Adjustment for items affecting comparability Justering för jämförelsestörande poster
Group Koncernen 10 180 488 318

Working capital

(SEK M) 2023
Mar 31
2022
Mar 31
2022
Dec 31
(MSEK) 2023
31 mar
2022
31 mar
2022
31 dec
Inventories Varulager 931 1,026 1,127
Accounts receivable Kundfordringar 863 1,102 675
Other receivables Övriga rörelsefordringar 128 23 78
Deduction accounts payable Avdrag leverantörsskulder -719 -893 -480
Deduction other current liabilities Avdrag övriga kortfristiga skulder -272 -338 -269
Rounding Avrundning -1
Group Koncernen 931 920 1,130
Average working capital is an average for each period based on quarterly data.

Net debt excl. IFRS 16

(SEK M) 2023
Mar 31
2022
Mar 31
2022
Dec 31
(MSEK) 2023
31 mar
2022
31 mar
2022
31 dec
Non-current interest-bearing liabilities and leasing liabilities Långfristiga räntebärande skulder och leasingskulder 765 651 811
Current interest-bearing liabilities and leasing liabilities Kortfristiga räntebärande skulder och leasingskulder 100 96 95
Deduction leasing liabilities Avdrag leasingskulder -522 -469 -499
Deduction financial assets Avdrag finansiella anläggningstillgångar 0 0 0
Deduction cash and equivalents Avdrag likvida medel -139 -119 -50
Rounding Avrundning
Group Koncernen 204 159 357
Net debt/equity ratio excl. IFRS 16 is calculated as net debt excl. IFRS 16 divided by Equity.

Capital employed excl. IFRS 16

(SEK M) 2023
Mar 31
2022
Mar 31
2022
Dec 31
(MSEK) 2023
31 mar
2022
31 mar
2022
31 dec
Equity excl. IFRS 16 Eget kapital exkl. IFRS 16 1,650 1,576 1,645
Non-current interest-bearing liabilities and leasing liabilities Långfristiga räntebärande skulder och leasingskulder 765 651 811
Current interest-bearing liabilities and leasing liabilities Kortfristiga räntebärande skulder och leasingskulder 100 96 95
Deduction leasing liabilities Avdrag leasingskulder -522 -469 -499
Rounding Avrundning
Group Koncernen 1,993 1,854 2,052
Average capital employed excl. IFRS 16 is an average for each period based on quarterly data.