Annual report 1996 in English (2.93 Mb) - About H&M
Annual report 1996 in English (2.93 Mb) - About H&M
Annual report 1996 in English (2.93 Mb) - About H&M
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Group cash flow statement (SEK M)95/96 94/95Operat<strong>in</strong>g profit before depreciation 2,200.7 1,551.1Changes <strong>in</strong>Operat<strong>in</strong>g receivables - 11.8 - 22.7Stock-<strong>in</strong>-trade - 376.6 - 105.8Current liabilities 494.3 105.9 - 364.3 - 492.8Cash flow from operations beforef<strong>in</strong>ancial <strong>in</strong>come and expense 2,306.6 1,058.3Net <strong>in</strong>terest <strong>in</strong>come/expense 70.1 92.9Tax expense - 574.0 - 348.6Change <strong>in</strong> blocked account 1.9 2.6Dividend to shareholders - 320.7 - 320.7Exchange rate difference etc. - 111.7 934.4 - 158.6 - 732.4Cash flow before external f<strong>in</strong>anc<strong>in</strong>g 1,372.2 325.9Changes <strong>in</strong>Long-term liabilities 1.7 18.6Long-term receivables - 3.9 - 21.2Deferred tax liability 51.5 49.3 13.3 10.7Cash flow before <strong>in</strong>vestments 1,421.5 336.6Investments andstart-up costs - 677.5 - 588.2Changes <strong>in</strong> f<strong>in</strong>ancial current assets 744.0 - 251.6
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