Annual Report 2010 - Scana Industrier ASA

85parent company cash flow statement(NOK 1000) 2010 2009Operating activitiesIncome before taxes -50 874 98 985Income from investments in subsidiaries 25 227 -64 807Depreciation 196 82Change in other current assets -110 958 80 384Change in accounts payable -2 953 5 757Change in other current liabilities and accruals 188 256 -121 762Annual Report 2010 Scana Industrier ASANet cash provided by (used in) operating activities 48 894 -1 361Investing activitiesChange in long-term receivables -93 375 37 004Investments in fixed assets -2 679 -102Sales of business 45 380 20 163Investments in business -57 337 -120 752Net cash used in investing activities -108 011 -63 687Net cash before financing activities -59 117 -65 048Financing activitiesProceeds from long-term borrowings 108 772 26 060Repayment of long-term interest bearing debt -61 576 -110 490Change in short-term interest-bearing debt 0 133Dividend -50 200 -50 489Received dividend 64 841 197 916Buyback own shares 0 0Proceeds from issue of new share capital 2 340 0Net cash provided by financing activities 64 177 63 131Net cash flows 5 060 -1 917Cash and cash equivalents at beginning of year 48 653 50 570Cash and cash equivalents at end of year 53 713 48 653Change in cash and cash equivalents 5 060 -1 917