Hexagon - Annual Report 2005

Consolidated Cash Flow Statement Consolidated Cash Flow Statement 2005 9,637 –8,793 844 349 180 106 0 –457 31 150 37 1 –172 –113 956 –256 –290 354 –192 764 –140 –340 19 19 –442 322 –6,547 1,118 – –5,429 5,274 – – 140 –115 –5 5,294 187 237 15 187 439 9,578 –439 9,139 MSEK Cash flow from operating activities Net sales Operating expenses Operating earnings Adjustments for items in operating earnings not influencing cash flow Depreciation Write-downs Change in provisions Capital gains on divestment of fixed assets Capital gains on shares in group companies Earnings from shares in associated companies Adjustment of inventory value through purchase accounting for acquired subsidiary Interest received Dividend received Interest paid Tax paid Cash flow from operating activities before change in working capital Cash flow from change in working capital Change in inventories Change in current receivables Change in current liabilities Cash flow from change in working capital Cash flow from operating activities Cash flow from ordinary investment activities Investments in intangible fixed assets Investments in tangible fixed assets Divestments of intangible fixed assets Divestments of tangible fixed assets Cash flow from ordinary investment activities Operating cash flow Cash flow from other investment activities Investments in subsidiaries Divestments of subsidiaries Investments in financial fixed assets Cash flow from other investment activities Cash flow from financing activities Borrowings Amortisation Option premiums New issue Dividend to parent company shareholders Dividend to minority shareholders of subsidiaries Cash flow from financing activity Cash flow for the year Liquid assets, opening balance 1) Effect of translation differences on liquid assets Cash flow for the year Liquid assets, closing balance 1) Net debt Interest-bearing provisions and liabilities Liquid assets 1) Net debt 2004 Note (IFRS) 8,256 –7,622 634 243 – –5 5 5 –12 – 41 4 –131 –61 723 –81 –210 210 –81 642 –82 –240 – 23 –299 343 9 –857 9 3 –2 –856 616 0 5 2 –85 – 538 25 219 –7 25 237 2,952 –237 2,715 2004 (RR) 8,256 –7,668 588 341 – –57 5 5 –12 – 41 4 –131 –61 723 –81 –210 210 –81 642 –82 –240 – 23 –299 343 –857 3 –2 –856 616 – 5 2 –85 – 538 25 219 –7 25 237 2,952 –237 2,715 2003 7,103 –6,697 406 305 – –42 0 – –20 – 15 4 –92 –42 534 –27 –19 –48 –94 440 –79 –163 – 16 –226 214 –9 – – –9 – –50 – – –85 – –135 70 141 8 70 219 1,981 –219 1,762 1) Liquid assets include short-term investments, cash and bank balances. 49HEXAGONANNUALREPORT2005