Consolidated operating cash flow statement, supplementary disclosure OCF

 

 

2020

 

2019

 

2018

 

Note

SEKm

EURm1)

 

SEKm

EURm1)

 

SEKm

EURm1)

IS Net sales

 

121,752

11,626

 

128,975

12,193

 

118,500

11,565

Operating expenses

 

–97,555

–9,315

 

–106,416

–10,060

 

–100,165

–9,776

Operating surplus

 

24,197

2,311

 

22,559

2,133

 

18,335

1,789

Adjustment for non-cash items

 

456

43

 

373

35

 

235

23

Operating cash surplus

 

24,653

2,354

 

22,932

2,168

 

18,570

1,812

 

 

 

 

 

 

 

 

 

 

Change in

 

 

 

 

 

 

 

 

 

Inventories

 

–2,207

–211

 

–194

–18

 

–1,017

–99

Operating receivables

 

53

5

 

–1,949

–184

 

–344

–34

Operating liabilities

 

1,344

128

 

2,502

237

 

390

38

Change in working capital

 

–810

–78

 

359

35

 

–971

–95

Investments in non-current assets, net

 

–6,439

–615

 

–5,707

–540

 

–6,781

–660

Restructuring costs, etc.

 

–977

–93

 

–1,494

–141

 

–918

–90

Operating cash flow before investments in operating assets through leases

 

16,427

1,568

 

16,090

1,522

 

9,900

967

Investments in operating assets through leases

 

–409

–39

 

–451

–43

 

Operating cash flow

 

16,018

1,529

 

15,639

1,479

 

9,900

967

Financial items

E7

–958

–91

 

–1,309

–124

 

–1,157

–113

Income taxes paid

B5

–3,917

–374

 

–1,130

–107

 

–2,466

–241

Other

 

32

3

 

8

1

 

86

8

Cash flow from current operations

 

11,175

1,067

 

13,208

1,249

 

6,363

621

Acquisitions of Group companies and other operations

F6

–747

–71

 

–143

–13

 

–694

–68

Divestments of Group companies and other operations

F6

367

35

 

220

21

 

68

7

Cash flow from acquisitions and divestments

 

–380

–36

 

77

8

 

–626

–61

Cash flow before transactions with shareholders

 

10,795

1,031

 

13,285

1,257

 

5,737

560

Private placement to non-controlling interests

 

64

6

 

4

0

 

5

0

Dividend to non-controlling interests

E8

–423

–40

 

–336

–32

 

–397

–39

Dividend

E8

–4,390

–419

 

–4,038

–382

 

–4,038

–394

Net cash flow

 

6,046

578

 

8,915

843

 

1,307

127

1)

Translation to EUR is provided for the convenience of the reader. An average exchange rate of 10.47 (10.58; 10.25) was used.

 

2020

 

2019

 

2018

Net debt

SEKm

EURm

 

SEKm

EURm

 

SEKm

EURm

Net debt, January 12)

–50,940

–4,886

 

–54,404

–5,294

 

–52,467

–5,332

Changed opening balance for net debt due to IFRS 16 Leases1)

 

–3,786

–358

 

Net cash flow1)

6,046

578

 

8,915

843

 

1,307

127

Remeasurements to equity1)

–199

–19

 

488

46

 

–1,041

–102

Investments in non-operating assets through leases1)

–399

–38

 

–434

–41

 

Translation differences

2,804

108

 

–1,719

–82

 

–2,203

13

Net debt, December 312)

–42,688

–4,257

 

–50,940

–4,886

 

–54,404

–5,294

1)

Translation to EUR is provided for the convenience of the reader. An average exchange rate of 10.47 (10.58; 10.25) was used.

2)

Translation to EUR is provided for the convenience of the reader. Closing exchange rate of 10.03 (10.43; 10.28) was used for net debt.