Consolidated Cash flow statement

SEK m Note 2016 2015
Cash flow from operating activities:
Operating income from continuing operations 463 490
Operating income from discontinued operations 5
Adustments for non-cash items 36 141 149
Adustments for non-cash items, discontinued operations 0
Received interest 1 2
Paid interest -11 -13
Paid income tax -117 -44
Cash flow from operating activities before changes in working capital 478 589
Changes in working capital:
Increase(-)/decrease (+) in inventories -18 -23
Increase(-)/decrease(+) in accounts receivable -42 18
Increase(-)/decrease(+) in receivables 6 -16
Increase(+)/decrease (-) in accounts payable 9 51
Increase(+)/decrease(-) in short-term liabilities 14 -6
Discontinued operations, change in working capital 11
Cash flow from operating activities 446 623
Cash flow used in investing activities:
Acquisition of tangible fixed assets 22232425 -166 -162
Acquisition of intangible fixed assets -12 -2
Sale of tangible fixed assets 3 3
Sale of intangible fixed assets 0 0
Acquisition of subsidiaries  38 -124
Change in other long-term liabilities 0 0
Cash flow used in investing activities -300 -161
Cash flow used in financing activities:
Dividends to shareholders -235 -211
Net change, overdraft facility and other financial liabilities -9 1
Repayment of loans -191 -382
Loans received 277 130
Cash flow used in financing activities -159 -462
Cash flow for the year   -12 0
Cash and cash equivalents, opening balance 203 205
Exchange rate differences, cash and cash equivalents -6 -2
Cash and cash equivalents, closing balance 186 203