Consolidated statements of cash flows

1 January–31 December        
SEK million Note   2011 2010
Operating activities 16      
Income for the year      5,007 4,766
Adjustments for items not included in cash flow        
    Amortisation, depreciation and impairment of        
    intangible assets and property, plant and equipment 9, 10   286 346
    Proceeds from the disposal of non-current assets      0 1
    Change in pension provision  20   –1 –1
    Other adjustments      –3 35
Cash flow from operating activities before        
changes in operating assets and liabilities     5,289 5,148
         
Cash flow from changes in        
operating assets and liabilities        
Change in trade and other receivables      –44 –2
Change in other current assets      –27 –8
Change in trade payables and other liabilities      –31 –8
Change in other operating liabilities      413 –294
Cash flow from operating activities      5,600 4,836
         
Investing activities 16      
Investments in intangible assets  9   –35 –29
Purchases of property, plant and equipment 10   –162 –174
Disposals of property, plant and equipment     4 5
Investments in financial assets     –2,097 –848
Divestment of financial assets     1,584 381
Net change in investments for Triss Månadsklöver     –135 –69
Cash flow from investing activities      –842 –735
         
Financing activities        
Distribution of previous year’s profit 17   –4,766 –4,877
Cash flow from financing activities      –4,766 –4,877
         
Cash flow for the year      –9 –776
Cash and cash equivalents at beginning of the year  15   2,273 3,049
Cash and cash equivalents at end of the year  15   2,264 2,273
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