Consolidated operating cash flow statement, supplementary disclosure OCF

 

 

2021

 

2020

 

2019

 

Note

SEKm

EURm1)

 

SEKm

EURm1)

 

SEKm

EURm1)

IS Net sales

 

121,867

12,017

 

121,752

11,626

 

128,975

12,193

Operating expenses

 

–101,885

–10,047

 

–97,555

–9,315

 

–106,416

–10,060

Operating surplus

 

19,982

1,970

 

24,197

2,311

 

22,559

2,133

Adjustment for non-cash items

 

489

49

 

456

43

 

373

35

Operating cash surplus

 

20,471

2,019

 

24,653

2,354

 

22,932

2,168

Change in

 

 

 

 

 

 

 

 

 

Inventories

 

–1,047

–103

 

–2,207

–211

 

–194

–18

Operating receivables

 

–2,084

–206

 

53

5

 

–1,949

–184

Operating liabilities

 

2,287

226

 

1,344

128

 

2,502

237

Change in working capital

 

–844

–83

 

–810

–78

 

359

35

Investments in non-current assets, net

 

–7,304

–720

 

–6,439

–615

 

–5,707

–540

Restructuring costs, etc.

 

–725

–72

 

–977

–93

 

–1,494

–141

Operating cash flow before investments in operating assets through leases

 

11,598

1,144

 

16,427

1,568

 

16,090

1,522

Investments in operating assets through leases

 

–480

–48

 

–409

–39

 

–451

–43

Operating cash flow

 

11,118

1,096

 

16,018

1,529

 

15,639

1,479

Financial items

E7

–662

–65

 

–958

–91

 

–1,309

–124

Income taxes paid

B5

–3,634

–358

 

–3,917

–374

 

–1,130

–107

Other

 

72

7

 

32

3

 

8

1

Cash flow from current operations

 

6,894

680

 

11,175

1,067

 

13,208

1,249

Acquisitions of Group companies and other operations

F6

–11,813

–1,165

 

–747

–71

 

–143

–13

Divestments of Group companies and other operations

F6

13

1

 

367

35

 

220

21

Cash flow from acquisitions and divestments

 

–11,800

–1,164

 

–380

–36

 

77

8

Cash flow before transactions with shareholders

 

–4,906

–484

 

10,795

1,031

 

13,285

1,257

Private placement to non-controlling interests

 

25

2

 

64

6

 

4

0

Dividend to non-controlling interests

 

–571

–56

 

–423

–40

 

–336

–32

EQ Dividend

 

–4,741

–467

 

–4,390

–419

 

–4,038

–382

Net cash flow

 

–10,193

–1,005

 

6,046

578

 

8,915

843

1) Translation to EUR is provided for the convenience of the reader.
    The following average exchange rates were used:

 

 

10.14

 

 

10.47

 

 

10.58

 

2021

 

2020

 

2019

Net debt

SEKm

EURm

 

SEKm

EURm

 

SEKm

EURm

Net debt, January 12)

–42,688

–4,257

 

–50,940

–4,886

 

–54,404

–5,294

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

 

 

–3,786

–358

Net cash flow1)

–10,193

–1,005

 

6,046

578

 

8,915

843

Remeasurements to equity1)

–147

–15

 

–199

–19

 

488

46

Investments in non-operating assets through leases1)

–385

–38

 

–399

–38

 

–434

–41

Translation differences

–2,020

–104

 

2,804

108

 

–1,719

–82

Net debt, December 312)

–55,433

–5,419

 

–42,688

–4,257

 

–50,940

–4,886

1) Translation to EUR is provided for the convenience of the reader.
    The following average exchange rates were used:

10.14

 

 

10.47

 

 

10.58

2) Translation to EUR is provided for the convenience of the reader.
    The following closing exchange rates were used:

10.23

 

 

10.03

 

 

10.43