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Parent Company Cash Flow Statement

Amounts in SEK million, 1 January-31 December 2008 2007
Operating activities    
Funds from operations (FFO)    
Profit for the year 37,508 4,455
Adjustments for the effect of items
not included in the cash flow:
   
Income tax expense 1,024 1,529
Appropriations -3,498 -452
Depreciation and amortisation 806 832
Dividend-contingent Group contributions -1,315 -1,564
Unrealised exchange rate effects 6,102 2,170
Change in provisions -35 -40
Capital gains -31,409 -
Other 1,270 -
Tax paid -2,872 -1,844
Cash flow from changes in operating
assets and operating liabilities
2,998 8,421
Cash flow from operating activities 10,579 13,507
     
Investing activities    
Investments in Group companies, associated
companies and other shares and participations
-9,139 -10
Investments in property, plant and
equipment and intangible assets: non-current
-1,320 -1,103
Investment grants received 10 -
New share issue/shareholder contribution rendered -45,247 -
Divestments of property, plant and equipment
and intangible assets: non-current
271 363
Divestments of shares and participations 49,227 102
Cash flow from investing activities -6,198 -648
     
Cash flow before financing activities 4,381 12,859
     
Financing activities    
Changes in loans 2,078 -7,256
Group contributions received 1,564 2,068
Dividend paid to equity holders -8,000 -7,500
Cash flow from financing activities -4,358 -12,688
     
Cash flow for the year 23 171
     
Cash and cash equivalents    
Cash and cash equivalents at the
beginning of the year
352 181
Cash flow for the year 23 171
Cash and cash equivalents at the end of the year 375 352

Interest paid totalled SEK 3,343 million (3,202) and interest received totalled SEK 1,558 million (1,545). Dividends received totalled SEK 3,269 million (769).

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