Lagercrantz 2008/09
Cash flow analysis for the Group
| Note |
2008/09 |
2007/08 |
2006/07 |
2005/06 |
2004/05 |
| Operating activities |
|
|
|
|
|
|
| Profit after finance items |
36
|
94 |
121 |
90 |
55 |
-1 |
| Adjustments for items not included in cash flow etc |
37
|
27 |
15 |
9 |
5 |
6 |
|
|
121 |
136 |
99 |
60 |
5 |
| Current taxes |
|
-26 |
-34 |
-6 |
-8 |
2 |
Cash flow from operating activities before changes in working capital
|
|
95 |
102 |
93 |
52 |
7 |
| Cash flow from changes in working capital |
|
|
|
|
|
|
| Increase (–)/Decrease (+) in inventories |
|
17 |
1 |
0 |
17 |
38 |
| Increase (–)/Decrease (+) in operating receivables |
|
95 |
16 |
-65 |
-7 |
-19 |
| Increase (+)/Decrease (–) in operating liabilities |
|
-70 |
1 |
48 |
24 |
10 |
Cash flow from operating activities
|
|
137 |
120 |
76 |
86 |
36 |
| Investing activities |
|
|
|
|
|
|
| Investment in businesses |
38
|
-57 |
-27 |
-160 |
-28 |
-15 |
| Acquisition of intangible non-current assets |
|
-6 |
-7 |
-13 |
-6 |
0 |
| Acquisition of tangible non-current asset |
|
-17 |
-18 |
-21 |
-12 |
-9 |
| Disposal of tangible non-current asset |
|
1 |
70 |
25 |
1 |
16 |
| Disposal of/decrease in financial assets |
|
2 |
-1 |
-1 |
0 |
2 |
Cash flow from investment activities
|
|
-77 |
17 |
-170 |
-45 |
-6 |
| Financing activities |
|
|
|
|
|
|
| Repurchase of own shares |
|
-11 |
-37 |
- |
-10 |
- |
| Dividend paid |
|
-34 |
-30 |
-24 |
-18 |
-22 |
| Change in loan liabilities |
|
-32 |
-84 |
158 |
-37 |
-67 |
Cash flow from financing activities
|
|
-77 |
-151 |
134 |
-65 |
-89 |
Cash flow for the year
|
|
-17 |
-14 |
40 |
-24 |
-59 |
Liquid funds at beginning of year
|
|
79 |
94 |
55 |
78 |
138 |
Exchange rate difference in liquid funds
|
|
-2 |
-1 |
-1 |
1 |
-1 |
Liquid funds at year-end
|
|
60 |
79 |
94 |
55 |
78 |
| Change in net financial liability/claim |
|
2008/09 |
2007/08 |
2006/07 |
2005/06 |
2004/05 |
| Net financial liability (+)/claim (–) at beginning of year |
|
93 |
161 |
-9 |
-5 |
2 |
| Change in interest-bearing liabilities |
|
-28 |
-85 |
160 |
-37 |
-66 |
| Interest-bearing liabilities in acquired businesses |
|
1 |
0 |
33 |
9 |
3 |
| Change in interest-bearing provisions for pensions |
|
-7 |
2 |
16 |
1 |
-4 |
| Liquid funds in acquired businesses |
|
-1 |
6 |
- |
- |
-25 |
| Change in liquid funds |
|
20 |
9 |
-39 |
23 |
85 |
Net financial liability (+)/claim (–) at end of year
|
|
78 |
93 |
161 |
-9 |
-5 |
