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January-December
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|---|---|---|---|---|---|---|---|---|---|
| SEK in millions | Note | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 |
| Net income |
|
21,442 | 20,298 | 19,283 |
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| Adjustments for: |
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| Amortization, depreciation and impairment losses |
|
12,111 | 11,879 | 11,231 |
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|
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| Capital gains/losses on sales/disposals of non-current assets |
|
-17 | -84 | -117 |
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| Income from associated companies and joint ventures, net of dividends received |
|
-7,686 | -5,012 | -3,791 |
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|
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| Pensions and other provisions |
|
-294 | -847 | -1,344 |
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| Financial items |
|
1,924 | 1,495 | -836 |
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| Income taxes |
|
1,077 | -189 | 3,560 |
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| Miscellaneous non-cash items |
|
-77 | 1 | 48 |
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| Cash flow before change in working capital |
|
28,480 | 27,541 | 28,034 |
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| Increase (-)/Decrease (+) in operating receivables |
|
-1,824 | 427 | -1,792 |
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| Increase (-)/Decrease (+) in inventories |
|
-325 | -86 | -242 |
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| Increase (+)/Decrease (-) in operating liabilities |
|
755 | -1,353 | 1,501 |
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| Change in working capital |
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-1,394 | -1,012 | -533 |
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| Cash flow from operating activities | 31 | 27,086 | 26,529 | 27,501 |
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| Intangible assets and property, plant and equipment acquired | 31 | -15,758 | -13,525 | -10,905 |
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| Intangible assets and property, plant and equipment divested |
|
40 | 176 | 255 |
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| Shares, participations and operations acquired | 31 | -4,079 | -4,597 | -3,274 |
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| Shares, participations and operations divested | 31 | 32 | 116 | 348 |
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| Loans granted and other similar investments |
|
-472 | -740 | -349 |
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| Repayment of loans granted and other similar investments |
|
309 | 1,863 | 488 |
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| Compensation from pension fund |
|
– | 525 | 700 |
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| Net change in short-term investments |
|
294 | 477 | -347 |
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| Cash flow from investing activities |
|
-19,634 | -15,705 | -13,084 |
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| Cash flow before financing activities |
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7,452 | 10,824 | 14,417 |
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| Dividends paid to parent company's shareholders |
|
-17,962 | -28,290 | -15,717 |
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| Dividends to and investments by minority shareholders, net |
|
-1,902 | -1,415 | -1,523 |
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| Proceeds from long-term borrowings |
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11,776 | 17,075 | 5,049 |
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| Repayment of long-term borrowings |
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-1,261 | -2,853 | -6,515 |
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|
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| Net change in short-term borrowings |
|
4,990 | 757 | -676 |
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| Cash flow from financing activities |
|
-4,359 | -14,726 | -19,382 |
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| Net change in cash and cash equivalents |
|
3,093 | -3,902 | -4,965 |
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| Cash and cash equivalents, opening balance |
|
7,802 | 11,603 | 16,834 |
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| Net change in cash and cash equivalents for the year |
|
3,093 | -3,902 | -4,965 |
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| Exchange rate differences in cash and cash equivalents |
|
931 | 101 | -266 |
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| Cash and cash equivalents, closing balance | 20 | 11,826 | 7,802 | 11,603 |
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| Interest received | 31 | 787 | 571 | 487 |
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| Interest paid | 31 | -2,569 | -1,457 | -1,082 |
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| Dividends received | 31 | 1,410 | 2,684 |
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| Income taxes paid | 31 | -3,892 | -5,142 | -2,382 |
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