| Operating activities |
|
|
|
| Profit before tax |
|
23,498 |
23,933 |
| Depreciation, amortisation and impairment losses |
|
16,060 |
17,252 |
| Tax paid |
|
-8,203 |
-8,132 |
| Other adjustment items |
42 |
-620 |
996 |
| Funds from operations (FFO) |
|
30,735 |
34,049 |
| |
|
|
|
| Changes in inventories |
|
-2,222 |
55 |
| Changes in operating receivables |
|
-1,318 |
-1,395 |
| Changes in operating liabilities |
|
12,858 |
64 |
| Other changes |
|
-3,859 |
-442 |
| Cash flow from changes in operating assets and operating liabilities |
|
5,459 |
-1,718 |
| Cash flow from operating activities |
|
36,194 |
32,331 |
| |
|
|
|
| Investing activities |
|
|
|
| Investments |
42 |
-42,296 |
-18,964 |
| Divestments |
42 |
865 |
925 |
| Cash and cash equivalents in acquired/divested companies |
|
158 |
2 |
| Cash flow from investing activities |
|
-41,273 |
-18,037 |
| |
|
|
|
| Cash flow before financing activities |
|
-5,079 |
14,294 |
| |
|
|
|
| Financing activities |
|
|
|
| Changes in short-term investments |
|
-4,806 |
-4,155 |
| Changes in loans to minority owners in foreign subsidiaries |
|
-174 |
-773 |
| Loans raised |
42 |
31,797 |
4,434 |
| Amortisation of debt |
|
-4,457 |
-10,570 |
| Contribution from minority interests |
|
- |
9 |
| Dividends paid to equity holders |
|
-8,066 |
-7,607 |
| Cash flow from financing activities |
|
14,294 |
-18,662 |
| |
|
|
|
| Cash flow for the year |
|
9,215 |
-4,368 |
| |
|
|
|
| Cash and cash equivalents |
|
|
|
| Cash and cash equivalents at the beginning of the year |
|
10,563 |
14,634 |
| Cash flow for the year |
|
9,215 |
-4,368 |
| Translation differences |
|
1,126 |
297 |
| Cash and cash equivalents at the end of the year |
|
20,904 |
10,563 |
|
|
|
|
| |
|
|
|
| Supplementary information |
|
|
|
| |
|
|
|
| Cash flow before financing activities |
|
-5,079 |
14,294 |
| |
|
|
|
| Financing activities |
|
|
|
| Dividends paid to equity holders |
|
-8,066 |
-7,607 |
| Contribution from minority interests |
|
- |
9 |
| Cash flow after dividend |
|
-13,145 |
6,696 |
| |
|
|
|
| Analysis of change in net debt |
|
|
|
| Net debt at beginning of the year |
|
-43,740 |
-49,407 |
| Cash flow after dividend |
|
-13,145 |
6,696 |
| Changes as a result of valuation at fair value |
|
-1,847 |
783 |
| Change in interest-bearing liabilities for leasing |
|
-25 |
-194 |
| Interest-bearing liabilities acquired |
|
-107 |
- |
| Translation differences on net debt |
|
-7,136 |
-1,618 |
| Net debt at the end of the year |
|
-66,000 |
-43,740 |
| |
|
|
|
| Free cash flow |
|
18,963 |
19,650 |
