Consolidated operating cash flow statement, supplementary disclosure OCF

 

 

2017

 

2016

 

2015

Group

Note

SEKm

EURm1)

 

SEKm

EURm1)

 

SEKm

EURm1)

1)

Translation to EUR is provided for the convenience of the reader. An average exchange rate of 9.63 (9.46; 9.35) was used.

IS Net sales

 

109,265

11,343

 

101,238

10,706

 

98,519

10,537

Operating expenses

 

–90,867

–9,433

 

–84,498

–8,936

 

–83,483

–8,929

Operating surplus

 

18,398

1,910

 

16,740

1,770

 

15,036

1,608

Adjustment for non-cash items

 

67

7

 

19

2

 

15

2

Operating cash surplus

 

18,465

1,917

 

16,759

1,772

 

15,051

1,610

 

 

 

 

 

 

 

 

 

 

Change in

 

 

 

 

 

 

 

 

 

Inventories

 

–1,703

–177

 

1,059

112

 

–1,407

–150

Operating receivables

 

1,522

158

 

–298

–31

 

–1,029

–110

Operating liabilities

 

–559

–58

 

835

88

 

1,919

205

Change in working capital

 

–740

–77

 

1,596

169

 

–517

–55

Current capital expenditures

 

–3,911

–406

 

–4,222

–446

 

–3,293

–352

Restructuring costs, etc.

 

–1,091

–113

 

–1,102

–117

 

–801

–86

Operating cash flow

 

12,723

1,321

 

13,031

1,378

 

10,440

1,117

Financial items

E7

–1,182

–123

 

–835

–88

 

–828

–88

Paid tax

B4

–2,971

–308

 

–3,782

–400

 

–2,194

–235

Other

 

175

18

 

149

16

 

132

14

Cash flow from current operations

 

8,745

908

 

8,563

906

 

7,550

808

 

 

 

 

 

 

 

 

 

 

Strategic capital expenditures and divestments

 

 

 

 

 

 

 

 

 

Company acquisitions

F6

–26,045

–2,704

 

–6,540

–692

 

–92

–10

Strategic capital expenditures in non-current assets

 

–2,101

–218

 

–2,033

–215

 

–2,179

–233

Total strategic capital expenditures

 

–28,146

–2,922

 

–8,573

–907

 

–2,271

–243

Divestments

F6

29

3

 

369

39

 

49

5

Cash flow from capital expenditures and divestments

 

–28,117

–2,919

 

–8,204

–868

 

–2,222

–238

Cash flow before transactions with shareholders

 

–19,372

–2,011

 

359

38

 

5,328

570

Private placement to non-controlling interests

 

28

3

 

435

46

 

Dividend to non-controlling interests

 

–285

–30

 

–190

–20

 

–216

–23

Transactions with shareholders

 

838

87

 

–14,571

–1,541

 

–2,225

–238

Net cash flow

 

–18,791

–1,951

 

–13,967

–1,477

 

2,887

309

 

2017

 

2016

 

2015

Net debt

SEKm

EURm

 

SEKm

EURm

 

SEKm

EURm

1)

Translation to EUR is provided for the convenience of the reader. An average exchange rate of 9.63 (9.46; 9.35) was used.

2)

Translation to EUR is provided for the convenience of the reader. Closing exchange rate of 9.84 (9.56; 9.13) was used for net debt.

Net debt, January 12)

–35,173

–3,680

 

–19,058

–2,087

 

–25,066

–2,629

Net cash flow1)

–18,791

–1,951

 

–13,967

–1,477

 

2,887

309

Remeasurements to equity1)

1,061

110

 

–1,570

–166

 

1,281

137

Exchange rate effects, etc.

436

189

 

–578

50

 

1,840

96

Net debt, December 312)

–52,467

–5,332

 

–35,173

–3,680

 

–19,058

–2,087