A N N UA L R E P O R T
Consolidated statement of cash flows
Consolidated statement of cash flows
SEK THOUSANDS, 1 JANUARY–31 DECEMBER
Note
2015
2014
Profit before tax
32
124,570
129,755
Adjustments for non-cash items
33
54,389
31,497
Income tax paid
–20,809
–12,412
Cash flow from operating activities before
changes in working capital
158,150
148,840
–98
200
OPERATING ACTIVITIES
Changes in working capital:
– Decrease/increase in inventories
– Decrease/increase in receivables
531
–50,647
– Decrease/increase in current liabilities
–14,783
54,088
Total changes in working capital
–14,350
3,641
CASH FLOW FROM OPERATING ACTIVITIES
143,800
152,481
–43,747
–35,541
–17,204
–13,817
INVESTING ACTIVITIES
Acquisition of
– intangible non-current assets
– property, plant and equipment
34
– financial assets
– subsidiaries and operations
35
Sales of property, plant and equipment
CASH FLOW FROM INVESTING ACTIVITIES
–3,425
–5,500
–53,047
–56,079
2,316
1,183
–115,107
–109,754
–66,625
–66,182
FINANCING ACTIVITIES
Dividend paid
Loans raised
94,035
—
–20,667
–20,666
6,743
–86,848
Change in cash and cash equivalents
35,436
–44,121
Cash and cash equivalents at start of year
72,397
114,772
Exchange rate difference in cash and cash equivalents
–4,978
1,746
102,855
72,397
Repayment of loans
CASH FLOW FROM FINANCING ACTIVITIES
CASH AND CASH EQUIVALENTS AT YEAR-END
36
40
33-87_Addnode_Group_2015_EN.indd 40
2016-05-12 09:01:50