Cash flow statements
SEK M   2007 2006
Operating activities      
Operating earnings   667.8 586.7
Depreciation/amortization   90.8 80.8
Adjustment for expenses not incl. in cash flow   -0.5 8.0
Interest received   20.0 14.3
Interest paid and other finacial expenses   -64.0 -69.2
Income tax paid   -153.6 -164.5
Cash flow from operating activities before changes in working capital   560.5 456.1
       
Changes in working capital   -31.4 7.6
Cash flow from operating activities   529.1 463.7
       
Investing activities      
Purchases of tangible and intangible fixed assets   -134.6 -106.1
Debt purchases   -666.2 -869.7
Amortization of purchased debt   484.0 409.8
Purchases of subsidiaries and other companies   -110.1 -1.9
Other cash flow from investing activities   11.0 -6.4
Cash flow from investing activities   -415.9 -574.3
       
Financing activities      
Borrowing and amortization   69.6 321.0
New share issues   61.9 -
Share dividend to parent company's shareholders   -214.4 -175.4
Share dividend to minority owners   0.0 -8.7
Cash flow from financing activities   -82.9 -136.9
       
Change in liquid assets   30.3 26.3
       
Opening balance of liquid assets   217.4 198.5
Exchange rate differences in liquid assets   12.1 -7.4
Closing balance of liquid assets   259.8 217.4
       
     
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