Opus Group Annual 2011 Report ENG

46
OPUS 2011
CONSOLIDATED STATEMENT OF CASH FLOWS
2011-01-01 - 2011-12-31 2010-01-01 - 2010-12-31 1)
SEK thousands
NotE
Operating loss (EBIT) -3 585 -6 185
Adjustment for non-cash flow items
Depreciation and amortization 12,13 32 176 36 010
Other 219 44
Interest received and similar items 307 692
Interest paid and similar charges -1 703 -2 955
Income tax paid -486 -845
Cash flow from operating activities before change in working capital 26 928 26 761
Increase (-)/Decrease (+) in inentory -5 775 2 991
Increase (-)/Decrease (+) in trade receivables -7 831 -3 848
Increase (-)/Decrease (+) in other current receivables 1 124 -4 505
Increase (+)/Decrease (-) in current liabilities 20 792 2 257
Change in net working capital 8 310 -3 105
Cash flow from operating activities 35 238 23 656
Investing activities
Capitalized development costs 12 -2 048 -2 025
Acquisition of tangible assets 13 -1 714 -6 410
Proceeds from sale of tangible assets 176 107
Cash flow from investing activities -3 586 -8 328
Financing activities
Payment subscription options 8 38
New debt - 5 050
Net change in bank overdraft 245 1 649
Amortization of loans from financial institutions -24 951 -21 295
Cash flow from financing activities -24 698 -14 558
Cash flow for the year 6 954 770
Cash and cash equivalents at beginning of year 15 289 15 246
Foreign currency translation differences 678 -727
Cash and cash equivalents at end of year 17 22 921 15 289
1)
Financial data for the preceeding year has been restated, see note 27