Note Financial risk management and hedge accounting
Liquidity risk
Liquidity risk concerns the Group’s ability to meet its financial
commitments as they fall due.
The table below shows all of the Group’s financial commitments,
listed by the earliest contractual maturity date at the
balance sheet date. All liabilities to banks and credit institutions
are based on variable interest rates, which means the
year-end carrying value reflects the present value of these
liabilities. All liabilities in foreign currency are translated into
SEK at year-end closing rates.
Disclosure of financial liabilities by maturity date, December 31, 2018
Total amount Less than 1 year
Between
1 and 2 years
Between
2 and 5 years More than 5 years
Non-current liabilities
Financial liabilities
Liabilities to banks and credit institutions 2,551 933 - 1,100 518
Other non-current liabilities 362 - - - 362
Total non-current liabilities 2,913 933 - 1,100 880
Interest on liabilities to banks and credit institutions 451 144 - 171 136
Total non-current liabilities and interest 3,364 1,077 - 1,271 1,016
Current liabilities
Financial liabilities
Liabilities to banks and credit institutions 661 661 - - -
Accounts payables 2,685 2,685 - - -
Derivative financial instruments 258 258 - - -
Accrued expenses 1,044 1,044 - - -
Other current liabilities 193 193 - - -
Total current liabilities 4,841 4,841 - - -
Interest on liabilities to banks and credit institutions 33 33 - - -
Total current liabilities and interest 4,874 4,874 - - -
Unused committed credit facilities available to the Group at the 2018 year-end
Total amount Less than 1 year
Between
1 and 2 years
Between
2 and 5 years More than 5 years
Unused committed credit facilities 4,698 1,034 - 3,664 -
3
75