Annual Report 2007 - Financial StatementsConsolidated Cash Flow Statements
| January-December | |||
| SEK in millions | Note | 2007 | 2006 |
| Net income | 20,298 | 19,283 | |
| Adjustments for: | |||
| Amortization, depreciation and impairment losses | 11,879 | 11,231 | |
| Capital gains/losses on sales/disposals of non-current assets | -84 | -117 | |
| Income from associated companies and joint ventures, net of dividends received | -5,012 | -3,791 | |
| Pensions and other provisions | -847 | -1,344 | |
| Financial items | 1,495 | -836 | |
| Income taxes | -189 | 3,560 | |
| Miscellaneous non-cash items | 1 | 48 | |
| Cash flow before change in working capital | 27,541 | 28,034 | |
| Increase (-)/Decrease (+) in operating receivables | 427 | -1,792 | |
| Increase (-)/Decrease (+) in inventories | -86 | -242 | |
| Increase (+)/Decrease (-) in operating liabilities | -1,353 | 1,501 | |
| Change in working capital | -1,012 | -533 | |
| Cash flow from operating activities | 31 | 26,529 | 27,501 |
| Intangible assets and property, plant and equipment acquired | 31 | -13,525 | -10,905 |
| Intangible assets and property, plant and equipment divested | 176 | 255 | |
| Shares, participations and operations acquired | 31 | -4,597 | -3,274 |
| Shares, participations and operations divested | 31 | 116 | 348 |
| Loans granted and other similar investments | -740 | -349 | |
| Repayment of loans granted and other similar investments | 1,863 | 488 | |
| Compensation from pension fund | 525 | 700 | |
| Net change in short-term investments | 477 | -347 | |
| Cash flow from investing activities | -15,705 | -13,084 | |
| Cash flow before financing activities | 10,824 | 14,417 | |
| Dividends paid to parent company's shareholders | -28,290 | -15,717 | |
| Dividends to and investments by minority shareholders, net | -1,415 | -1,523 | |
| Proceeds from long-term borrowings | 17,075 | 5,049 | |
| Repayment of long-term borrowings | -2,853 | -6,515 | |
| Net change in short-term borrowings | 757 | -676 | |
| Cash flow from financing activities | -14,726 | -19,382 | |
| Net change in cash and cash equivalents | -3,902 | -4,965 | |
| Cash and cash equivalents, opening balance | 11,603 | 16,834 | |
| Net change in cash and cash equivalents for the year | -3,902 | -4,965 | |
| Exchange rate differences in cash and cash equivalents | 101 | -266 | |
| Cash and cash equivalents, closing balance | 20 | 7,802 | 11,603 |
| Interest received | 571 | 487 | |
| Interest paid | -1,457 | -1,082 | |
| Income taxes paid | -5,142 | -2,382 | |
- Consolidated Income Statements
- Consolidated Balance Sheets
- Consolidated Cash Flow Statements
- Consolidated Statements of Changes in Equity
- 1 Basis of Preparation
- 2 Critical Accounting Policies, Estimates and Assumptions
- 3 Consolidated Financial Statements
- 4 Significant Accounting Policies
- 5 Changes in Group Composition
- 6 Segment Information
- 7 Net Sales
- 8 Expenses by Nature
- 9 Other Operating Income and Expenses
- 10 Related Party Transactions
- 11 Amortization, Depreciation and Impairment Losses
- 12 Associated Companies and Joint Ventures
- 13 Finance Costs and Other Financial Items
- 14 Income Taxes
- 15 Goodwill and Other Intangible Assets
- 16 Property, Plant and Equipment
- 17 Other Non-current Assets
- 18 Inventories
- 19 Trade and Other Receivables
- 20 Interest-bearing Receivables, Cash and Cash Equivalents
- 21 Equity and Earnings per Share
- 22 Long-term and Short-Term Borrowings
- 23 Provisions for Pensions and Employment Contracts
- 24 Other Provisions
- 25 Other Long-term Liabilities
- 26 Trade Payables and Other Current Liabilities
- 27 Financial Assets and Liabilities by Category
- 28 Financial Risk Management
- 29 Leasing Agreements
- 30 Contingencies, Other Contractual Obligations and Litigation
- 31 Cash Flow Information
- 32 Human Resources
- 33 Auditors' Fees and Services
- 34 Business Combinations etc.
- 35 Specification of Shareholdings and Participations