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) | 2021 Jul-Sep | 2020 Jul-Sep | 2021 Jan-Sep | 2020 Jan-Sep | 2020 Full-year | Rolling 12 months | |
| (MSEK) | 2021 jul-sep | 2020 jul-sep | 2021 jan-sep | 2020 jan-sep | 2020 helår | Rullande 12 mån | |
| Operating result | Rörelseresultat | 219 | 4 | 463 | 21 | 39 | 481 |
| Reversal of inventory gains (-)/losses (+) | Återläggning lagervinster (-)/förluster (+) | -26 | 10 | -69 | 23 | 17 | -75 |
| Adjustment for items affecting comparability | Justering för jämförelsestörande poster | – | – | – | 40 | 40 | – |
| Group | Koncernen | 193 | 14 | 394 | 84 | 96 | 406 |
Working capital
| (SEK M) | 2021 Sep 30 | 2020 Sep 30 | 2020 Dec 31 | |
| (MSEK) | 2021 30 sep | 2020 30 sep | 2020 31 dec | |
| Inventories | Varulager | 770 | 553 | 501 |
| Accounts receivable | Kundfordringar | 866 | 450 | 376 |
| Other receivables | Övriga rörelsefordringar | 34 | 42 | 42 |
| Deduction accounts payable | Avdrag leverantörsskulder | -783 | -402 | -414 |
| Deduction other current liabilities | Avdrag övriga kortfristiga skulder | -277 | -169 | -162 |
| Rounding | Avrundning | – | – | – |
| Group | Koncernen | 610 | 474 | 343 |
Average working capital is an average for each period based on quarterly data.
Net debt excl. IFRS 16
| (SEK M) | 2021 Sep 30 | 2020 Sep 30 | 2020 Dec 31 | |
| (MSEK) | 2021 30 sep | 2020 30 sep | 2020 31 dec | |
| Non-current interest-bearing liabilities and leasing liabilities | Långfristiga räntebärande skulder och leasingskulder | 679 | 842 | 778 |
| Current interest-bearing liabilities and leasing liabilities | Kortfristiga räntebärande skulder och leasingskulder | 97 | 91 | 85 |
| Deduction leasing liabilities | Avdrag leasingskulder | -501 | -550 | -541 |
| Deduction financial assets | Avdrag finansiella anläggningstillgångar | 0 | 0 | 0 |
| Deduction cash and equivalents | Avdrag likvida medel | -176 | -102 | -166 |
| Rounding | Avrundning | -1 | – | – |
| Group | Koncernen | 98 | 281 | 156 |
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) | 2021 Sep 30 | 2020 Sep 30 | 2020 Dec 31 | |
| (MSEK) | 2021 30 sep | 2020 30 sep | 2020 31 dec | |
| Equity excl. IFRS 16 | Eget kapital exkl. IFRS 16 | 1,287 | 926 | 912 |
| Non-current interest-bearing liabilities and leasing liabilities | Långfristiga räntebärande skulder och leasingskulder | 679 | 842 | 778 |
| Current interest-bearing liabilities and leasing liabilities | Kortfristiga räntebärande skulder och leasingskulder | 97 | 91 | 85 |
| Deduction leasing liabilities | Avdrag leasingskulder | -501 | -550 | -541 |
| Rounding | Avrundning | – | – | – |
| Group | Koncernen | 1,562 | 1,309 | 1,234 |
Average capital employed excl. IFRS 16 is an average for each period based on quarterly data.