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) | 2022 Apr-Jun | 2021 Apr-Jun | 2022 Jan-Jun | 2021 Jan-Jun | 2021 Full-year | Rolling 12 months | |
| (MSEK) | 2022 apr-jun | 2021 apr-jun | 2022 jan-jun | 2021 jan-jun | 2021 helår | Rullande 12 mån | |
| Operating result | Rörelseresultat | 313 | 158 | 497 | 244 | 621 | 874 |
| Reversal of inventory gains (-)/losses (+) | Återläggning lagervinster (-)/förluster (+) | -22 | -25 | -26 | -43 | -92 | -75 |
| Adjustment for items affecting comparability | Justering för jämförelsestörande poster | – | – | – | – | – | – |
| Group | Koncernen | 291 | 133 | 471 | 201 | 529 | 799 |
Working capital
| (SEK M) | 2022 Jun 30 | 2021 Jun 30 | 2021 Dec 31 | |
| (MSEK) | 2022 30 jun | 2021 30 jun | 2021 31 dec | |
| Inventories | Varulager | 1,396 | 559 | 1,033 |
| Accounts receivable | Kundfordringar | 1,126 | 755 | 653 |
| Other receivables | Övriga rörelsefordringar | 40 | 34 | 39 |
| Deduction accounts payable | Avdrag leverantörsskulder | -1,041 | -669 | -641 |
| Deduction other current liabilities | Avdrag övriga kortfristiga skulder | -451 | -244 | -229 |
| Rounding | Avrundning | – | -1 | 1 |
| Group | Koncernen | 1,070 | 434 | 856 |
Average working capital is an average for each period based on quarterly data.
Net debt excl. IFRS 16
| (SEK M) | 2022 Jun 30 | 2021 Jun 30 | 2021 Dec 31 | |
| (MSEK) | 2022 30 jun | 2021 30 jun | 2021 31 dec | |
| Non-current interest-bearing liabilities and leasing liabilities | Långfristiga räntebärande skulder och leasingskulder | 843 | 684 | 681 |
| Current interest-bearing liabilities and leasing liabilities | Kortfristiga räntebärande skulder och leasingskulder | 110 | 96 | 95 |
| Deduction leasing liabilities | Avdrag leasingskulder | -547 | -514 | -481 |
| Deduction financial assets | Avdrag finansiella anläggningstillgångar | 0 | 0 | 0 |
| Deduction cash and equivalents | Avdrag likvida medel | -168 | -190 | -54 |
| Rounding | Avrundning | -1 | -1 | – |
| Group | Koncernen | 237 | 75 | 241 |
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) | 2022 Jun 30 | 2021 Jun 30 | 2021 Dec 31 | |
| (MSEK) | 2022 30 jun | 2021 30 jun | 2021 31 dec | |
| Equity excl. IFRS 16 | Eget kapital exkl. IFRS 16 | 1,695 | 1,107 | 1,420 |
| Non-current interest-bearing liabilities and leasing liabilities | Långfristiga räntebärande skulder och leasingskulder | 843 | 684 | 681 |
| Current interest-bearing liabilities and leasing liabilities | Kortfristiga räntebärande skulder och leasingskulder | 110 | 96 | 95 |
| Deduction leasing liabilities | Avdrag leasingskulder | -547 | -514 | -481 |
| Rounding | Avrundning | – | -1 | 1 |
| Group | Koncernen | 2,101 | 1,372 | 1,716 |
Average capital employed excl. IFRS 16 is an average for each period based on quarterly data.