| SEK million, 1 May – 30 April |
2005/06 |
2006/07 |
2007/08 |
| Current operations |
|
|
|
| Operating profit |
253.0 |
329.4 |
402.5 |
| Interest received |
5.5 |
11.3 |
5.6 |
| Interest paid |
–24.7 |
–27.7 |
–38.3 |
| Adjustment for non-cash items etc. |
64.1 |
38.4 |
46.5 |
| Income taxes paid |
–42.7 |
–56.3 |
–71.5 |
| Cash flow from current operations before changes in working capital |
255.1 |
295.1 |
344.8 |
| Changes in working capital |
|
|
|
| Inventories |
–7.1 |
–96.0 |
–12.4 |
| Current receivables |
–28.4 |
–88.5 |
–120.8 |
| Accounts payable - trade |
31.9 |
37.0 |
3.9 |
| Current liabilities |
-32.6 |
55.7 |
2.8 |
| Cash flow from current operations |
219.0 |
203.5 |
203.5 |
| Investment activities |
|
|
|
| Acquisition of subsidiaries |
–19.5 |
–49.8 |
–90.0 |
| Sale of subsidiaries |
- |
– |
6.1 |
| Acquisition of intangible assets |
– |
– |
–1.0 |
| Acquisition of tangible assets |
–77.9 |
–171.5 |
–94.7 |
| Sale of tangible assets |
3.2 |
3.6 |
13.6 |
| Acquisition of financial assets |
– |
– |
–4.0 |
| Sale of financial assets |
1.5 |
1.5 |
1.1 |
| Cash flow from investment activities |
–92.6 |
–216.2 |
–168.9 |
| Financial activities |
|
|
|
| Loans raised |
52.4 |
359.0 |
271.9 |
| Amortization of loans |
–148.8 |
–65.4 |
–190.4 |
| Dividend to shareholders |
–40.0 |
–266.0 |
–266.0 |
| New share issues |
19.5 |
16.0 |
- |
| Cash flow from financial activities |
–116.9 |
–43.6 |
6.1 |
| Increase/decrease in liquid assets |
9.4 |
30.7 |
55.5 |
| Liquid assets at start of year |
21.9 |
32.1 |
61.5 |
| Exchange difference in liquid assets |
0.7 |
-1.4 |
0.1 |
| Liquid assets at year-end |
32.1 |
61.5 |
117.1 |