Consolidated cash-flow statement

1 January–31 December
SEK million	Note	2013	2012
Operating activities
Income for the year		5,268	5,138
Adjustments for non-cash items
Amortisation, depreciation and impairment of intangible assets and property, plant and equipment	8, 9	246	270
Proceeds from the disposal of non-current assets		0	0
Change in pension provision	18	–1	–1
Other adjustments		–6	6
Cash flow from operating activities before changes in operating assets and liabilities		5,507	5,413

Cash flow from changes in operating assets and liabilities
Change in trade and other receivables		–142	–70
Change in other current assets		16	–39
Change in trade payables and other liabilities		–29	4
Change in other operating liabilities		–11	288
Cash flow from operating activities		5,340	5,597

Investing activities
Investments in intangible assets	3, 8	–101	–36
Purchases of property, plant and equipment	3, 9	–162	–124
Disposals of property, plant and equipment		1	3
Investments in financial assets		–2,900	–6,483
Divestment of financial assets		4,305	5,478
Cash flow from investing activities		1,143	–1,162

Financing activities
Dividends to the owner, the Swedish State	15	–5,137	–5,007
Cash flow from financing activities		–5,137	–5,007

Cash flow for the year		1,347	–572
Cash and cash equivalents at beginning of the year	14	1,692	2,264
Cash and cash equivalents at end of the year	14	3,039	1,692