Cash Flow

Cash flow
MSEK2019201820172016201520142013201220112010
Operating activities:
Income after financial items2,6071,7962,0991,6111,7311,5239792,0032,783776
Transferred to and establishment of pension fund---------132-147
Adjustment for items not affecting cash flows2,1321,8081,4791,2266887231,2241,0821412,317
Divident from associated companies and joint ventures20392616252----
Income tax paid-408-479-272-120-266-394-368-574-450-196
Cash flow from operating activities before changes in working capital4,3513,1643,3322,7332,1781,8541,8352,5112,3422,750
Cash flow from changes in working capital:
Contract assets and liabilities-1,649-3,039-7185,092-2,800-868-1,564-6035121,222
Inventories-1,141-1,057-972-1,329349-856-147-199-243586
Other current receivables176-1,044925-2,540511-6433-178-27592
Other current liabilities-2181,965704521426-243-542-672438-366
Provisions-325-479-107-323-306-536-277-509-630-297
Cash flow from operating activities1,194-4903,1644,154358-713-6623502,3924,487
Investing activities:
Investments in intangible fixed assets-196-198-193-98-70-68-44-51-26-70
Capitalised development costs-1,392-1,140-871-784-524-171-24-292-15-47
Investments in tangible fixed assets-1,213-1,481-1,093-807-799-732-543-328-325-262
Investments in lease assets--------1-1-2
Sales and disposals of tangible fixed assets3223252771546102311
Sale of lease assets-----1058131230165
Investments in and sales of short-term investments3,219-4,55463-1,525-1,7227201,936585-2,967-993
Dividend from joint ventures------430---
Investments in financial assets-171-48-30-169-368--238---6
Sale of financial assets35621042522640-26306
Investments in operations-15-170-49-221152-68-568-1,135-
Sale of subsidiaries-33-77312299-1741,264161
Cash flow from investing activities314-7,288-2,165-3,303-3,1593601,576-133-2,575-1,143
Financing activities:
Repayments of loans-990-967-1,301-582-1,865-468-1,100-19-50-1,950
Amortisation of lease liabilities-415---------
Raising of loans83,8201,7007324,7581,000845---
Rights issue115,967--------
Repurchase of shares-301-203----252----80
Dividend paid to Parent Company's shareholders-601-588-559-530-501-479-477-474-367-237
Dividend paid to non-controlling interest-24-24-4-5-10-5-1---
Transactions with non-controlling interest8-14-15------
Cash flow from financing activities-2,3047,991-164-3702,382-204-733-493-417-2,267
Cash flow for the year-796213835481-419-557181-276-6001,077
Liquid assets at beginning of year2,4512,2021,4028501,2841,7641,6161,9182,5441,463
Exchange rate difference in liquid assets3236-3571-1577-33-26-264
Liquid assets at year-end1,6872,4512,2021,4028501,2841,7641,6161,9182,544