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 Apr-Jun | 2022 Apr-Jun | 2023 Jan-Jun | 2022 Jan-Jun | 2022 Full-year | Rolling 12 months | |
| (MSEK) | 2023 apr-jun | 2022 apr-jun | 2023 jan-jun | 2022 jan-jun | 2022 helår | Rullande 12 mån | |
| Operating result | Rörelseresultat | 26 | 313 | 27 | 497 | 418 | -52 |
| Reversal of inventory gains (-)/losses (+) | Återläggning lagervinster (-)/förluster (+) | 7 | -22 | 16 | -26 | 70 | 112 |
| Adjustment for items affecting comparability | Justering för jämförelsestörande poster | – | – | – | – | – | – |
| Group | Koncernen | 33 | 291 | 43 | 471 | 488 | 60 |
Working capital
| (SEK M) | 2023 Jun 30 | 2022 Jun 30 | 2022 Dec 31 | |
| (MSEK) | 2023 30 jun | 2022 30 jun | 2022 31 dec | |
| Inventories | Varulager | 999 | 1,396 | 1,127 |
| Accounts receivable | Kundfordringar | 731 | 1,126 | 675 |
| Other receivables | Övriga rörelsefordringar | 169 | 40 | 78 |
| Deduction accounts payable | Avdrag leverantörsskulder | -776 | -1,041 | -480 |
| Deduction other current liabilities | Avdrag övriga kortfristiga skulder | -331 | -451 | -269 |
| Rounding | Avrundning | – | – | -1 |
| Group | Koncernen | 792 | 1,070 | 1,130 |
Average working capital is an average for each period based on quarterly data.
Net debt excl. IFRS 16
| (SEK M) | 2023 Jun 30 | 2022 Jun 30 | 2022 Dec 31 | |
| (MSEK) | 2023 30 jun | 2022 30 jun | 2022 31 dec | |
| Non-current interest-bearing liabilities and leasing liabilities | Långfristiga räntebärande skulder och leasingskulder | 805 | 843 | 811 |
| Current interest-bearing liabilities and leasing liabilities | Kortfristiga räntebärande skulder och leasingskulder | 103 | 110 | 95 |
| Deduction leasing liabilities | Avdrag leasingskulder | -517 | -547 | -499 |
| Deduction financial assets | Avdrag finansiella anläggningstillgångar | 0 | 0 | 0 |
| Deduction cash and equivalents | Avdrag likvida medel | -188 | -168 | -50 |
| Rounding | Avrundning | – | -1 | – |
| Group | Koncernen | 203 | 237 | 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 Jun 30 | 2022 Jun 30 | 2022 Dec 31 | |
| (MSEK) | 2023 30 jun | 2022 30 jun | 2022 31 dec | |
| Equity excl. IFRS 16 | Eget kapital exkl. IFRS 16 | 1,544 | 1,695 | 1,645 |
| Non-current interest-bearing liabilities and leasing liabilities | Långfristiga räntebärande skulder och leasingskulder | 805 | 843 | 811 |
| Current interest-bearing liabilities and leasing liabilities | Kortfristiga räntebärande skulder och leasingskulder | 103 | 110 | 95 |
| Deduction leasing liabilities | Avdrag leasingskulder | -517 | -547 | -499 |
| Rounding | Avrundning | – | – | – |
| Group | Koncernen | 1,935 | 2,101 | 2,052 |
Average capital employed excl. IFRS 16 is an average for each period based on quarterly data.