Consolidated cash flow statement
| SEK million | Note | 2010 | 2009 |
| OPERATING ACTIVITIES | |||
| Cash flow from operations before changes in working capital | |||
| Operating profit from continuing operations | 7,088 | 5,736 | |
| Operating profit/loss from discontinued operations | 37 | 453 | -17 |
| Operating profit | 7,541 | 5,719 | |
| Adjustments for non-cash items in operating profit | |||
| Depreciation and amortization | 3,597 | 3,555 | |
| Impairment | 29 | 526 | |
| Result from shares in associated companies and joint ventures | 74 | 98 | |
| Gain/loss on sale of fixed assets | -442 | -339 | |
| Exchange rate difference | - | -120 | |
| Interest received | 11 | 520 | |
| Interest paid | -357 | -540 | |
| Finance costs paid | -4 | -341 | |
| Dividend received | 1 | 1 | |
| Taxes paid | -740 | -883 | |
| Cash flow from operations before changes in working capital | 31 | 9,710 | 8,196 |
| Changes in working capital | |||
| Materials and supplies | -64 | 106 | |
| Operating assets | -443 | 1,002 | |
| Operating liabilities | 407 | -186 | |
| Changes in working capital | 31 | -100 | 922 |
| CASH FLOW FROM OPERATING ACTIVITIES | 9,610 | 9,118 | |
| INVESTING ACTIVITIES | |||
| Acquisition of intangible assets | 31 | -283 | -358 |
| Sale of intangible assets | 31 | 20 | 86 |
| Acquisition of tangible assets | 31 | -3,356 | -4,089 |
| Sale of tangible assets | 31 | 16 | 21 |
| Acquisition of shares in group companies (excluding cash) | 17 | -1,371 | -529 |
| Sale of shares in group companies | 17 | 324 | 848 |
| Capital contribution to joint ventures | 17 | -139 | -316 |
| Sale of joint ventures | 17 | -271 | - |
| Other financial assets, lending | -202 | -18 | |
| Other financial assets, received payments | 2 | 3,401 | |
| Cash flow from investing activities | -5,260 | -954 | |
| CASH FLOW AFTER INVESTING ACTIVITIES | 4,350 | 8,164 | |
| FINANCING ACTIVITIES | |||
| Proceeds from credit institutions and similar liabilities | - | 1,300 | |
| Repayment of loans from credit institutions and similar liabilities | -2,587 | -7,226 | |
| Proceeds from other interest-bearing liabilities | - | 111 | |
| Repayment of other interest-bearing lending | -219 | -57 | |
| Dividends | -2,580 | -2,202 | |
| New share issues | 74 | 4 | |
| Repurchase of own shares | - | -1 | |
| Sale of own shares | 256 | - | |
| Shareholders contribution from minority | 241 | - | |
| Dividends to minority | - | -4 | |
| Cash flow from financing activities | -4,815 | -8,075 | |
| NET CHANGE IN CASH AND CASH EQUIVALENTS | -465 | 89 | |
| Cash and cash equivalents at beginning of the year | 25 | 1,312 | 1,250 |
| Exchange rate differences in cash | 25 | -13 | -27 |
| CASH AND CASH EQUIVALENTS AT END OF THE YEAR | 25 | 834 | 1,312 |
| Cash flow for discontinued operations, please refer to Note 37. For additional cash flow information, please refer to Note 31. | |||