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 Jul-Sep | 2021 Jul-Sep | 2022 Jan-Sep | 2021 Jan-Sep | 2021 Full-year | Rolling 12 months | |
| (MSEK) | 2022 jul-sep | 2021 jul-sep | 2022 jan-sep | 2021 jan-sep | 2021 helår | Rullande 12 mån | |
| Operating result | Rörelseresultat | 40 | 219 | 537 | 463 | 621 | 695 |
| Reversal of inventory gains (-)/losses (+) | Återläggning lagervinster (-)/förluster (+) | 27 | -26 | 1 | -69 | -92 | -22 |
| Adjustment for items affecting comparability | Justering för jämförelsestörande poster | – | – | – | – | – | – |
| Group | Koncernen | 67 | 193 | 538 | 394 | 529 | 673 |
Working capital
| (SEK M) | 2022 Sep 30 | 2021 Sep 30 | 2021 Dec 31 | |
| (MSEK) | 2022 30 sep | 2021 30 sep | 2021 31 dec | |
| Inventories | Varulager | 1,418 | 770 | 1,033 |
| Accounts receivable | Kundfordringar | 934 | 866 | 653 |
| Other receivables | Övriga rörelsefordringar | 23 | 34 | 39 |
| Deduction accounts payable | Avdrag leverantörsskulder | -692 | -783 | -641 |
| Deduction other current liabilities | Avdrag övriga kortfristiga skulder | -343 | -277 | -229 |
| Rounding | Avrundning | – | – | 1 |
| Group | Koncernen | 1,340 | 610 | 856 |
Average working capital is an average for each period based on quarterly data.
Net debt excl. IFRS 16
| (SEK M) | 2022 Sep 30 | 2021 Sep 30 | 2021 Dec 31 | |
| (MSEK) | 2022 30 sep | 2021 30 sep | 2021 31 dec | |
| Non-current interest-bearing liabilities and leasing liabilities | Långfristiga räntebärande skulder och leasingskulder | 970 | 679 | 681 |
| Current interest-bearing liabilities and leasing liabilities | Kortfristiga räntebärande skulder och leasingskulder | 101 | 97 | 95 |
| Deduction leasing liabilities | Avdrag leasingskulder | -515 | -501 | -481 |
| Deduction financial assets | Avdrag finansiella anläggningstillgångar | 0 | 0 | 0 |
| Deduction cash and equivalents | Avdrag likvida medel | -80 | -176 | -54 |
| Rounding | Avrundning | -1 | -1 | – |
| Group | Koncernen | 475 | 98 | 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 Sep 30 | 2021 Sep 30 | 2021 Dec 31 | |
| (MSEK) | 2022 30 sep | 2021 30 sep | 2021 31 dec | |
| Equity excl. IFRS 16 | Eget kapital exkl. IFRS 16 | 1,738 | 1,287 | 1,420 |
| Non-current interest-bearing liabilities and leasing liabilities | Långfristiga räntebärande skulder och leasingskulder | 970 | 679 | 681 |
| Current interest-bearing liabilities and leasing liabilities | Kortfristiga räntebärande skulder och leasingskulder | 101 | 97 | 95 |
| Deduction leasing liabilities | Avdrag leasingskulder | -515 | -501 | -481 |
| Rounding | Avrundning | – | – | 1 |
| Group | Koncernen | 2,294 | 1,562 | 1,716 |
Average capital employed excl. IFRS 16 is an average for each period based on quarterly data.