Parent Company statement of cash flows

SEK million Note 2010 2009
Operating activities      
Profit after financial items   –221 203
Adjustment for non-cash items      
  Depreciation and amortisation according to plan   31 30
  Impairment of non-current assets   95 87
  Change in value of current investments   –6 –63
  Profit from sale of non-current assets   –1 –196
  Other items not affecting cash flow   57 –33
Income tax paid   –75 –31
Net cash flow from operating activities before change in working capital   –120 –3
       
Change in      
  Inventories (increase –)   97 708
  Operating receivables (increase –)   –93 122
  Operating liabilities (increase +)   –139 233
Cash flow from operating activities   –255 1,060
       
Investing activities      
Purchases of shares in subsidiaries   –70 –14
Sale of shares in subsidiaries   0 229
Changes in other financial assets   –49 17
Investments in intangible assets   –29 —
Investments in property, plant and equipment   –47 –102
Sale of property, plant and equipment   5 —
Cash flow from investing activities   –190 130
       
Cash flow after investing activities   –445 1,190
       
Financing activities      
Capital contributed, paid-up   95 61
Capital contributed, paid out   –33 –39
Change in subordinated debentures   –1 0
Dividends paid   –312 –262
Change in loans from members   197 –160
Change in other loans   759 –383
Intra-Group transfers received   1,121 485
Intra-Group transfers paid   –188 —
Change in current investments with maturity > 90 days   –990 –531
Cash flow from financing activities   648 –829
       
CASH FLOW FOR THE YEAR 42 203 361
       
Cash and cash equivalents at beginning of year   1,015 654
Cash and cash equivalents at end of year 30 1,218 1,015