Note 28 Financial instruments

The different categories of financial instruments in the Group’s balance sheet are presented in the table below.

Financial instruments 2020, MSEK

 

Amortised cost

 

Financial assets and liabilities recognised at fair value via profit or loss

 

Derivatives used in hedge accounting

 

Financial liabilities valued at amortised cost

Assets

 

 

 

 

 

 

 

 

Long-term receivables

 

899

 

 

 

Financial assets

 

 

2,729

 

 

Rent receivables

 

47

 

 

 

Other receivables

 

475

 

 

 

Cash and bank

 

161

 

 

 

Liabilities

 

 

 

 

 

 

 

 

Interest rate derivatives

 

 

740

 

 

 

Currency derivatives

 

 

 

392

 

 

Long-term liabilities

 

 

 

 

45,499

Accounts payable

 

 

 

 

125

Other liabilities

 

 

 

 

1,497

Total

 

1,582

 

1,989

 

392

 

47,122

Financial instruments 2019, MSEK

 

Amortised cost

 

Financial liabilities recognised at fair value via profit or loss

 

Derivatives used in hedge accounting

 

Financial liabilities valued at amortised cost

Assets

 

 

 

 

 

 

 

 

Long-term receivables

 

856

 

 

 

Rent receivables

 

70

 

 

 

Other receivables

 

132

 

 

 

Cash and bank

 

173

 

 

 

Liabilities

 

 

 

 

 

 

 

 

Interest rate derivatives

 

 

592

 

 

Currency derivatives

 

 

 

123

 

Long-term liabilities

 

 

 

 

40,604

Accounts payable

 

 

 

 

203

Other liabilities

 

 

 

 

1,514

Total

 

1,231

 

592

 

123

 

42,321

Financial instruments such as rent receivables, accounts payable and so on are recognised at amortised cost less any impairments, which is why fair value is deemed to agree with book value. Long-term interest-bearing liabilities have primarily short-term interest conditions – and for long-term MTNs, the fair value must not differ significantly from nominal values – which in all entails that amortised cost corresponds to fair value.