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) | 2018 Oct-Dec | 2017 Oct-Dec | 2018 Full-year | 2017 Full-year | |
| (MSEK) | 2018 okt-dec | 2017 okt-dec | 2018 helår | 2017 helår | |
| Operating result | Rörelseresultat | 22 | 5 | 132 | 57 |
| Reversal of inventory gains (-)/losses (+) | Återläggning lagervinster (-)/förluster (+) | -1 | -6 | -27 | -27 |
| Adjustment for items affecting comparability | Justering för jämförelsestörande poster | -4 | 10 | 12 | 52 |
| Group | Koncernen | 17 | 9 | 117 | 82 |
Net debt
| (SEK M) | 2018 Dec 31 | 2017 Dec 31 | |
| (MSEK) | 2018 31 dec | 2017 31 dec | |
| Non-current interest-bearing liabilities | Långfristiga räntebärande skulder | 543 | 519 |
| Current interest-bearing liabilities | Kortfristiga räntebärande skulder | 5 | 20 |
| Deduction financial assets | Avdrag finansiella anläggningstillgångar | 0 | 0 |
| Deduction cash and equivalents | Avdrag likvida medel | -108 | -61 |
| Rounding | Avrundning | – | – |
| Group | Koncernen | 440 | 478 |
Net debt/equity ratio is calculated as net debt divided by Equity.
Working capital
| (SEK M) | 2018 Dec 31 | 2017 Dec 31 | |
| (MSEK) | 2018 31 dec | 2017 31 dec | |
| Inventories | Varulager | 651 | 599 |
| Accounts receivable | Kundfordringar | 470 | 489 |
| Other receivables | Övriga rörelsefordringar | 63 | 35 |
| Deduction accounts payable | Avdrag leverantörsskulder | -468 | -479 |
| Deduction other current liabilities | Avdrag övriga kortfristiga skulder | -145 | -152 |
| Rounding | Avrundning | 1 | – |
| Group | Koncernen | 572 | 492 |
Average working capital is an average for each period based on quarterly data.
Capital employed
| (SEK M) | 2018 Dec 31 | 2017 Dec 31 | |
| (MSEK) | 2018 31 dec | 2017 31 dec | |
| Equity | Eget kapital | 892 | 802 |
| Non-current interest-bearing liabilities | Långfristiga räntebärande skulder | 543 | 519 |
| Current interest-bearing liabilities | Kortfristiga räntebärande skulder | 5 | 20 |
| Rounding | Avrundning | – | – |
| Group | Koncernen | 1,440 | 1,341 |
Average capital employed is an average for each period based on quarterly data.