Parent company cash flow
statements

SEK in millions

Note

 

Jan–Dec 2017

Jan–Dec 2016

Net income

   

14,153

10,367

Adjustments for:

       

Amortization, depreciation and impairment losses

   

8,187

2,877

Capital gains/losses on sales/discards of non-current assets

   

-1,061

-118

Pensions and other provisions

   

-4,227

12,942

Financial items

   

2,899

3,539

Group contributions and appropriations

   

-7,000

-11,567

Income taxes

   

194

-641

Cash flow before change in working capital

   

13,145

17,399

Increase (-)/Decrease (+) in operating receivables

   

-34

-103

Increase (+)/Decrease (-) in operating liabilities

   

-6,238

-46

Change in working capital

   

-6,271

-150

Cash flow from operating activities

   

6,874

17,249

Intangible and tangible non-current assets acquired

   

0

-7

Repayment of capital in subsidiary

   

219

501

Equity instruments acquired

   

-4,082

-1,495

Equity instruments and operations divested

   

1,373

3,342

Loans granted and other similar investments

   

8,410

-11,195

Net change in interest-bearing current receivables

   

-8,056

1,719

Repayment of long-term loans

   

2,774

2,716

Cash flow from investing activities

   

638

-4,419

Cash flow before financing activities

   

7,512

12,830

Repurchased treasury shares including transaction costs

   

-4

-5

Dividend to shareholders

   

-8,660

-12,990

Group contributions net

   

7,687

7,394

Proceeds from borrowings

   

15,670

-337

Repayment of borrowings

   

-18,589

-6,843

Net change in short-term borrowings

   

-3,362

Settlement of derivative contracts for economic hedges and CSA

   

-1,927

1,180

Cash received for repurchase agreements

   

1,812

6,975

Cash paid for repurchase agreements

   

-1,707

-6,416

Cash flow from financing activities

   

-5,719

-14,403

Change in cash and cash equivalents

   

1,793

-1,573

         

Cash and cash equivalents, opening balance

   

12,232

13,558

Change in cash and cash equivalents

   

1,793

-1,573

Exchange rate differences in cash and cash equivalents

   

393

247

Cash and cash equivalents, closing balance

P12

 

14,418

12,232

         

Dividends received

   

12,916

21,796

Interest received

   

723

884

Interest paid

   

-1,701

-2,198

Income taxes paid

   

-342

-1,754