Consolidated cash flow statement

SEKm Notes 2019/2020 2018/2019
OPERATING ACTIVITIES
Profit after financial items 1,105 865
Adjustment for items not included in cash flow 28 354 229
Income tax paid -273 -230
Cash flow from operating activities before changes in working capital 1,186 864
Cash flow from changes in working capital
Changes in inventories -88 -237
Changes in operating receivables -90 -378
Changes in operating liabilities 109 275
CASH FLOW FROM OPERATING ACTIVITIES 1,117 524
INVESTING ACTIVITIES
Acquisition of property, plant and equipment -85 -70
Disposal of property, plant and equipment 4 5
Acquisition of intangible non-current assets -20 -23
Acquisition of operations, net liquidity effect 28 -431 -662
Disposal of operations, net liquidity effect 28 1 17
Change in financial assets -1 8
CASH FLOW FROM INVESTING ACTIVITIES -532 -725
FINANCING ACTIVITIES
Repurchase of treasury shares -42 -38
Exercised, issued and repurchased call options 16 22
Borrowings 28 351 915
Repayments on loans 28 -326 -326
Amortisation leasing 28 -156
Other financing -4 -1
Dividend paid to equity holders of the Parent Company -336 -269
Dividend paid to non-controlling interests -10 -9
CASH FLOW FROM FINANCING ACTIVITIES -507 294
CASH FLOW FOR THE YEAR 78 93
Cash and cash equivalents at beginning of year 295 192
Exchange differences on cash and cash equivalents -10 10
CASH AND CASH EQUIVALENTS AT YEAR-END 363 295