MenuClose
Close archive
2019
-
Interim Report
Q1
(25.4.2019) -
Half Year Financial Report
2019
-
Interim Report
Q3
2019
-
Financial Statements Bulletin
2019
2018
-
Interim Report
Q1
2018
-
Half Year Financial Report
2018
-
Interim Report
Q3
2018
-
Financial Statements Bulletin
2018
-
Annual Report
(12.2.2019)
| Consolidated statement of cash flows | |||||
| MEUR | 2017 | 2016 | Note | ||
| Cash flow from operating activities: | |||||
| Profit for the financial period | 383 | 357 | |||
| Adjustments for: | |||||
| Depreciation, amortisation and impairment | 134 | 138 | 8 | ||
| Financial income and expenses | 47 | 53 | 10 | ||
| Gains and losses on sale of intangible assets and property, plant and equipment and other changes | -17 | -6 | |||
| Share of result of associates and joint ventures | -13 | -14 | 15 | ||
| Income taxes | 122 | 123 | 11 | ||
| Cash flow before changes in working capital | 657 | 650 | |||
| Changes in working capital: | |||||
| Receivables, non-interest-bearing, increase (-) / decrease (+) | -264 | 89 | |||
| Inventories, increase (-) / decrease (+) | -27 | 162 | 17 | ||
| Liabilities, non-interest-bearing, increase (+) / decrease (-) | 189 | -167 | |||
| Changes in working capital | -102 | 84 | |||
| Cash flow from operating activities before financial items and taxes | 555 | 734 | |||
| Financial items and taxes: | |||||
| Interest income | 1 | ||||
| Interest expenses | -6 | -13 | |||
| Other financial income and expenses | -2 | 19 | |||
| Income taxes paid | -119 | -127 | |||
| Financial items and paid taxes | -126 | -121 | |||
| Cash flow from operating activities | 430 | 613 | |||
| Cash flow from investing activities: | |||||
| Acquisitions | -191 | -81 | 2 | ||
| Investments in associates and joint ventures | -9 | 15 | |||
| Investments in property, plant and equipment and intangible assets | -64 | -55 | 13 | 14 | |
| Proceeds from sale of property, plant and equipment and intangible assets | 17 | 18 | |||
| Proceeds from sale of other investments | 2 | 1 | 16 | ||
| Loan receivables, increase (-) / decrease (+), and other changes | 1 | ||||
| Cash flow from investing activities | -235 | -126 | |||
| Cash flow after investing activities | 195 | 487 | |||
| Cash flow from financing activities: | |||||
| Proceeds from non-current debt | 90 | 131 | |||
| Repayments and other changes in non-current debt | -101 | -91 | 24 | ||
| Loan receivables, increase (-) / decrease (+) | 2 | -4 | |||
| Current loans, increase (+) / decrease (-) | -5 | -125 | |||
| Dividends paid | -264 | -250 | |||
| Cash flow from financing activities | -278 | -339 | |||
| Change in cash and cash equivalents, increase (+) / decrease (-) | -83 | 148 | |||
| Cash and cash equivalents at the beginning of the financial period | 472 | 334 | |||
| Exchange rate changes | -10 | -9 | |||
| Cash and cash equivalents at the end of the financial period | 379 | 472 | |||
| The notes are an integral part of these consolidated financial statements. | |||||
Note
Add a note?