Consolidated cash flow statement

MSEK

Note

2017

2018

For supplementary information, refer to Note 29 and Note 30.

Group total

 

 

 

Cash flow from operating activities

 

 

 

Income after financial income and expenses

 

16,940

17,349

Adjustment for depreciation, amortization and impairment losses

 

4,936

4,408

Other adjustment for non-cash items, etc.

29

–3,579

12

Income tax paid

 

–2,466

–2,978

Cash flow from operating activities before changes in working capital

 

15,831

18,791

 

 

 

 

Changes in working capital

 

 

 

Change in inventories

 

–2,276

–2,119

Change in operating receivables

 

–1,568

–1,013

Change in operating liabilities

 

3,158

–66

Cash flow from changes in working capital

 

–685

–3,198

 

 

 

 

Investments in rental equipment

 

–985

–825

Divestments of rental equipment

 

125

146

Cash flow from operating activities

 

14,286

14,914

 

 

 

 

Cash flow from investing activities

 

 

 

Acquisition of companies and shares, net of cash acquired

30

–4,631

Proceeds from sale of companies and shares, net of cash disposed

30

4,642

4,052

Acquisition of tangible assets

 

–2,698

–3,310

Proceeds from sale of tangible assets

 

327

209

Acquisition of intangible assets

 

–892

–611

Proceeds from sale of intangible assets

 

57

70

Other investments, net

 

12

–62

Net cash used in investing activities

 

1,448

–4,283

Net cash flow after investing activities

 

15,734

10,631

 

 

 

 

Cash flow from financing activities

 

 

 

Repayment of borrowings

29

–8,312

–859

Dividends paid

 

–3,458

–4,390

Cash flow from financing activities

 

–11,770

–5,249

 

 

 

 

Cash flow for the year

 

3,963

5,382

Cash and cash equivalents at beginning of year

 

8,818

12,724

Foreign exchange differences on cash and cash equivalents

 

–57

–17

Cash and cash equivalents at end of year

29

12,724

18,089

 

 

 

 

Continuing operations

 

 

 

Cash flow from operations

 

14,752

15,353

Cash flow from investing activities

 

1,592

–4,286

Cash flow from financing activities

 

–11,773

–5,247

Cash flow from continuing operations

 

4,571

5,820