January-December
SEK in millionsNote20072006
Net income
20,0013,228
Adjustments for:


Amortization, depreciation and impairment losses
3,2953,671
Capital gains/losses on sales/discards of non-current assets
89-437
Pensions and other provisions
-1,173-2,204
Financial items2677741
Group contributions and appropriations
2,5853,504
Income taxes26-2,182896
Cash flow before change in working capital23,3928,699
Increase (-)/Decrease (+) in operating receivables
903-1,909
Increase (-)/Decrease (+) in inventories etc.
6-6
Increase (+)/Decrease (-) in operating liabilities
-5592,017
Change in working capital350102
Cash flow from operating activities
23,7428,801
Intangible and tangible non-current assets acquired
-3,074-2,580
Shares and participations
-10,673-14,131
Non-current assets divested, etc.
-228-
Loans granted and other similar investments
-2,912-
Repayment of loans granted and other similar investments
-100
Compensation from pension fund
9501,000
Net change in interest-bearing current receivables
111-117
Cash flow from investing activities-15,826-15,728
Cash flow before financing activities
7,916-6,927
Dividend to shareholders
-28,290-15,717
Group contributions and dividends received
-1,0911,122
Proceeds from long-term borrowings
16,4604,901
Repayment of long-term borrowings
-777-5,804
Change in short-term borrowings
97917,490
Cash flow from financing activities
-12,7181,992
Change in cash and cash equivalents
-4,803-4,935
Cash and cash equivalents, opening balance
7,59312,528
Change in cash and cash equivalents
-4,803-4,935
Cash and cash equivalents, closing balance152,7907,593