Consolidated cashflow statementSEK M Note <strong>2000</strong> 1999Business operations 38Income after financial items 8,531 6,862Adjustment for items not included in cash flow 39 –4,361 –3,367Taxes paid 40 –1,021 –596Cash flow from business operationsbefore change in working capital 3,149 2,899Cash flow from change in working capitalChange in inventories and operating receivables –4,058 –1,696Change in operating liabilities 2,256 1,400Cash flow from business operations 1,347 2,603Investment operationsAcquisitions of properties in real estate operations –2,419 –2,398Acquisitions of current-asset properties –5,172 –3,310Acquisitions of Group companies 41 –6,010 –1,376Acquisitions of other fixed assets excluding receivables –2,876 –1,618Increase in receivables – loans provided –1,031 –250Divestments of properties in real estate operations 4,185 698Divestments of current-asset properties 4,134 2,223Divestments of businesses and shares 42 8,813 8,334Divestments of other fixed assets excluding receivables 444 257Decrease in receivables – repayment of loans provided 219 364Taxes paid 40 –880 –1,090Cash flow from investment operations –593 1,834Financing operationsDividend paid –1,822 –1,366Buy-backs of <strong>Skanska</strong>'s own shares –2,608Loans raised 6,372 2,639Payments of loan principal –1,593 –3,531Distributed to/paid by minority interests –229 –91Cash flow from financing operations 120 –2,349Cash flow for the year 874 2,088Liquid assets on January 1 5,583 3,505Exchange rate difference in liquid assets 312 –10Liquid assets on December 31 43 6,769 5,583CONSOLIDATED CASH FLOW STATEMENT <strong>Skanska</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2000</strong> 13
Parent Companyincome statementSEK M Note <strong>2000</strong> 1999Net sales 1 254 122Construction, manufacturing and property management expensesGross income 254 122Selling and administrative expenses –465 –406Items affecting comparability 7 138Operating income 8, 10, 11 –73 –284Share of income in Group companies 13 4,012 2,301Income from other financial fixed assets 15 615 389Income from financial current assets 16 17 1Interest expenses and similar items 17 –842 –720Income after financial items 3,729 1,687Allocations 18 –13 –10Taxes on profit for the year 19 –16 –224Profit for the year 3,700 1,45314 PARENT COMPANY INCOME STATEMENT <strong>Skanska</strong> <strong>Annual</strong> <strong>Report</strong> <strong>2000</strong>