Annual Report 2006 (pdf) - EuroMaint Rail

E u r o M a i n t A n n u a l R e p o r t 2 0 0 6
Cash Flow Analyses
1 January – 31 December 2006
Group
Parent company
Note 2006-01-01 2005-01-01 2006-01-01 2005-01-01
SEK thousands 2006-12-31 2005-12-31 2006-12-31 2005-12-31
Operating activities
Profit after financial items 91,581 102,840 3,037 163
Depreciation/amortisation 27,307 25,102 18 0
Other items not affecting cash flow 24 1,572 -33,929 0 -46
Income tax paid -15,666 – -850 –
Cash flow from operating activities
before changes in working capital 104,794 94,013 2,204 118
Changes in working capital
Increase (-)/decrease (+) in inventories -9,427 -18,501 0 0
Increase (-)/decrease (+) in accounts receivable -48,319 -47,675 0 0
Increase (-)/decrease (+) in other current receivables -19,368 12,248 -3,725 -163
Increase (+)/decrease (-) in accounts payable 6,251 -15,467 2,293 0
Increase (+)/decrease (-) in other current liabilities 42,999 37,356 63,621 112
Cash flow from operating activities 76,930 61,974 64,394 66
Investment activities
Acquisition of tangible and intangible fixed assets 7 -31,043 -21,049 -223 -66
Divestment of tangible and intangible fixed assets 7 3,167 1,115 13 0
Acquisition of subsidiary/business segment, net liquidity effect 0 -80,534 -96,625 0
Acquisition of other financial assets -3,810 524 -200,000 0
Cash flow from investment activities -31,686 -99,944 -296,834 -66
Cash flow from operating activities 45,244 -37,970 -232,440 0
Financing activities
Borrowings 0 100,000 340,000 0
Repayment of debt -70,000 -10,000 -70,000 0
Change in other financial liabilities 4,229 0 0 0
Cash flow from financing activities -65,771 90,000 270,000 0
Change in cash and cash equivalents for the year -20,527 52,030 37,560 0
Cash and cash equivalents at beginning of year 65,850 13,820 0 0
Cash and cash equivalents at end of year 45,323 65,850 37,560 0
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