We - KappAhl

Note 28 CASH FLOW STATEMENT
the cash flow statement was prepared using the indirect method.
Interest paid and dividend received
SEK m
1 Sept 2008
31 Aug 2009
Group Parent Company
1 Sept 2007
31 Aug 2008
1 Sept 2008
31 Aug 2009
Note 29 ACQUISITION OF SUBSIDIARIES
1 Sept 2007
31 Aug 2008
Dividend received
from participations in
subsidiaries – – 426.1 139.2
interest received 1.0 26.8 4.9 5.2
interest paid and
other financial items –84.4 –79.8 –98.1 –98.5
Total –83.4 –53.0 332.9 45.9
Adjustments for non-cash items
SEK m
1 Sept 2008
31 Aug 2009
Group Parent Company
1 Sept 2007
31 Aug 2008
1 Sept 2008
31 Aug 2009
1 Sept 2007
31 Aug 2008
Depreciation 233.4 221.4 – –
provisions for
pensions –4.0 –21.5 – –
anticipated dividend – – – –
impairment loss due
to dividend in excess
of equity – – – 42.2
other adjustments 13.4 –13.9 –0.3 –0.7
Total 242.8 186.0 –0.3 41.5
the following subsidiaries were acquired by Kappahl Sverige aB after the close of the financial year:
Company Business Date of acquisition Percentage of equity and votes
atnevoen aB 556545-0037 the company is not in operation 8 September 2009 100
Kappahl acquired atnevoen aB for a cash purchase price of SEK 160 million,
thereby obtaining unused tax losses. the loss carry-forwards amount to SEK 204
million and it is estimated that these can be used as of the 2014/2015 financial
year. the acquisition is expected to have a positive net effect on equity of about
SEK 39 million in the quarterly accounts as at 30 november 2009 as a result of
existing loss carry forwards. the acquired company is not currently in operation.
Acquisition of subsidiaries
Group
SEK m
1 Sept 2008
31 Aug 2009
1 Sept 2007
31 Aug 2008
purchase price: – 303.6
of which real property – 462.0
of which loans – –158.4
less: cash and cash equivalents in the
acquired operation – –0.2
Net effect on cash and cash equivalents – 303.4
66 financial information Kappahl 2008/2009