Consolidated cash flow statement

SEK million	Note	2009	2008
Cash flow for discontinued operations, please refer to Note 38. For additional cash flow information, please refer to Note 1 and Note 33.
OPERATING ACTIVITIES
Cash flow from operations before changes in working capital
Operating profit/loss from continuing operations		5,527	2,848
Operating profit/loss from discontinued operations	38	-17	708
Operating profit/loss		5,510	3,556
Adjustments for non-cash items in operating profit/loss
Depreciation and amortization		3,555	3,534
Impairment		526	1,936
Result from shares in associated companies and joint ventures		98	794
Gain/loss on sale of fixed assets		-339	-1,370
Exchange rate difference		-120	46
Interest received		520	953
Interest paid		-540	-1,196
Finance costs paid		-341	-87
Dividend received		1	-
Taxes paid		-883	-377
Cash flow from operations before changes in working capital	33	7,987	7,789
Changes in working capital
Materials and supplies		106	92
Operating assets		1,211	1,781
Operating liabilities		-186	-1,766
Changes in working capital	33	1,131	107
CASH FLOW FROM OPERATING ACTIVITIES		9,118	7,896
INVESTING ACTIVITIES
Acquisition of intangible assets	33	-358	-765
Sale of intangible assets	33	86	-8
Acquisition of tangible assets	33	-4,089	-3,880
Sale of tangible assets	33	21	45
Acquisition of shares in group companies (excluding cash)	18	-529	-535
Sale of shares in group companies	18	848	2,250
Capital contribution to joint ventures	18	-316	-141
Sale of other securities	18	-	23
Other financial assets, lending		-18	-110
Other financial assets, received payments		3,401	441
Cash flow from investing activities		-954	-2,680
CASH FLOW AFTER INVESTING ACTIVITIES		8,164	5,216
FINANCING ACTIVITIES
Proceeds from credit institutions and similar liabilities		1,300	243
Repayment of loans from credit institutions and similar liabilities		-7,226	-2,511
Proceeds from other interest-bearing liabilities		111	29
Repayment of other interest-bearing lending		-57	-194
Dividends		-2,202	-3,492
New share issues		4	1
Repurchase of own shares		-1	-462
Dividends to minority		-4	-
New share issues to minority		-	7
Cash flow from financing activities		-8,075	-6,379
NET CHANGE IN CASH AND CASH EQUIVALENTS		89	-1,163
Cash and cash equivalents at beginning of the year	26	1,250	2,459
Exchange rate differences in cash	26	-27	-46
CASH AND CASH EQUIVALENTS AT END OF THE YEAR	26	1,312	1,250