Consolidated Cash flow statement

SEK m Note 2015 2014
Cash flow from operating activities:
Operating income from continuing operations  490 433
Operating income from discontinued operations 5 23
Adjustments for items not included in cash flow 36 149 97
Adjustments for items not included in cash flow, discontinued operations 0 2
Received interest 2 5
Paid interest -13 -14
Paid income tax -44 -4
Cash flow from operating activities before changes in working capital 589 541
Changes in working capital:
Increase(-)/decrease (+) in inventories  -23 -16
Increase(-)/decrease(+) in accounts receivable 18 -13
Increase(-)/decrease (+) in receivables  -16 23
Increase(+)/decrease (-) in accounts payable 51 -16
Increase(+)/decrease(-) in short-term liabilities  -6 10
Discontinued operations, change in working capital 11 4
Cash flow from operating activities  623 533
Cash flow used in investing activities:
Acquisition of tangible fixed assets 22232425  -162 -88
Acquisition of intangible fixed assets -2 -2
Sale of tangible fixed assets 3 3
Sale of intangible fixed assets 0 0
Acquisition of subsidiaries  – -397
Change in other long-term receivables  0 0
Cash flow used in investing activities  -161 -484
Cash flow used in financing activities:
Dividends to shareholders  -211 -188
Net change, overdraft facility and other financial liabilities 1 -17
Repayment of loans  -382 -834
Loans received  130 967
Cash flow used in financing activities  -462 -72
Cash flow for the year    0 -23
Cash and cash equivalents, opening balance  205 225
Exchange rate differences, cash and cash equivalents  -2 3
Cash and cash equivalents, closing balance  203 205