Parent Company cash flow statement

Note 28

Cash flow statement

Adjustment for	Group		Parent Company
items not included in cash flow	2019/2020	2018/2019	2019/2020	2018/2019
Depreciation/amortisation	418	226	1	1
Revaluation of contingent considerations	-52	-8	–	–
Gain/loss on sale of operations and non-current assets	-1	-6	–	–
Change in pension liability	2	0	2	2
Change in other provisions and accrued items	-4	14	–	–
Other	-9	3	-3	-3
Total	354	229	0	0

For the Group, interest received during the year totalled SEK 4 million (3), and interest paid was SEK 19 million (13). For the Parent Company, interest received during the year was SEK 27 million (25), and interest paid was SEK 17 million (13).

Acquisitions
The following adjustments were made as a result of the value of assets and liabilities in companies acquired during the year, together with adjustments such as contingent considerations paid for acquisitions made in previous years:

Download Excel

	2019/2020	2018/2019
Non-current assets	440	689
Inventories	82	63
Receivables	110	185
Cash and cash equivalents	65	101
Total	697	1,038
Interest-bearing liabilities and provisions	-138	-150
Non-interest-bearing liabilities and provisions	-142	-241
Total	-280	-391
Total adjustments of assets and liabilities	417	647

Consideration paid, the year’s acquisitions	-417	-647
Consideration paid, prior years’ acquisitions	-79	-116
Cash and cash equivalents in acquired companies	65	101
Effect on the Group’s cash and cash equivalents	-431	-662

All operations acquired during the year were consolidated in the accounts using the acquisition method.

Divestments
The following adjustments have been made as a result of the valuation of assets and liabilities in companies divested during the year:

Download Excel

	2019/2020	2018/2019
Non-current assets	0	8
Inventories	0	16
Receivables	1	18
Cash and cash equivalents	0	3
Interest-bearing liabilities and provisions	–	-8
Non-interest-bearing liabilities and provisions	0	-22
Divested net assets	1	15
Total	0	5
Consideration paid incl. contingent consideration	1	20
Cash and cash equivalents in acquired companies	0	-3
Effect on the Group’s cash and cash equivalents	1	17

Cash and cash equivalents in the cash flow statement consist of cash and bank balances. The same definition used in determining cash and cash equivalents in the balance sheet has been applied in the cash flow statement.

Download Excel Download Excel

Reconciliation of debts arising from financing activities
	1 April 2019	Cash flows	Non-cash changes						31 March 2020
Group			Acquisitions of subsidiaries	Adjustment in income statement	Exchange rate differences	New lease contract	Ended lease contract	New accounting principle, IFRS 16
Bank overdraft facility	1,030	-873	-	-	0	-	-	-	157
Liabilities to credit institutions	739	897	10	-	3	-	-	-	1,649
Other non-current interest-bearing liabilities	229	1	-4	-48	5	-	-	-	183
Lease liabilities	-	-156	-	8	6	216	-5	558	627
Liabilities stemming from financing activities	1,998	-131	6	-40	14	216	-5	558	2,616

Download Excel

Reconciliation of debts arising from financing activities
	1 April 2018	Cash flows	Non-cash changes			31 March 2019
Group			Acquisitions of subsidiaries	Adjustment in income statement	Exchange rate differences
Bank overdraft facility	820	210	-	-	-	1,030
Liabilities to credit institutions	315	371	52	-	1	739
Other non-current interest-bearing liabilities	233	8	-13	3	-2	229
Liabilities stemming from financing activities	1,368	589	39	3	-1	1,998

Download Excel

Reconciliation of debts arising from financing activities
Parent Company	1 April 2019	Cash flows	31 March 2020
Bank overdraft facility	1,030	-874	156
Liabilities to credit institutions	700	900	1,600
Liabilities stemming from financing activities	1,730	26	1,756

Download Excel

Reconciliation of debts arising from financing activities
Parent Company	1 April 2018	Cash flows	31 March 2019
Bank overdraft facility	821	209	1,030
Liabilities to credit institutions	300	400	700
Liabilities stemming from financing activities	1,121	609	1,730

Download Excel

SEKm	Notes	2019/2020	2018/2019
OPERATING ACTIVITIES
Profit after financial items		-41	-16
Adjustment for items not included in cash flow	28	0	0
Income tax paid		-61	-65
Cash flow from operating activities before changes in working capital		-102	-81
Cash flow from changes in working capital
Changes in operating receivables		-10	-3
Changes in operating liabilities		13	5
CASH FLOW FROM OPERATING ACTIVITIES		-99	-79

INVESTING ACTIVITIES
Acquisition of property, plant and equipment and intangible non-current assets		-1	0
CASH FLOW FROM INVESTING ACTIVITIES		-1	0

FINANCING ACTIVITIES
Repurchase of treasury shares		-42	-38
Exercised and issued call options		16	22
Change in loans	28	326	909
Repayment of loans	28	-300	-300
Change in receivables from Group companies		153	-615
Change in liabilities to Group companies		-11	114
Dividend paid		-336	-269
Group contributions		294	258
Other financing activities		0	-2
CASH FLOW FROM FINANCING ACTIVITIES		100	79

CASH FLOW FOR THE YEAR		0	0

Cash and cash equivalents at beginning of year		0	0
CASH AND CASH EQUIVALENTS AT YEAR-END		0	0

ANNUAL REPORT 2019/2020

Parent Company cash flow statement

This website uses cookies