Annual Report 1999 - Skanska

Parent Companycash flow statementSEK M Note 1999 1998Business operations 39Income after financial items 1,687 149Adjustment for items not included in cash flow 40 –928 302Taxes paid –347 –316Cash flow from business operations before changein working capital 412 135Cash flow from change in working capitalChange in inventories and operating receivables –101 77Change in operating liabilities including provisions 295 73Cash flow from business operations 606 285Investment operationsAcquisitions of shares and participations –544 –6,496Acquisitions of other fixed assets –18 –3Divestments of shares and participations 28 1,657Divestments of other fixed assets 20 204Decrease in financial receivables 1 33Cash flow after investment operations –513 –4,605Financing operationsDividend paid –1,366 –1,252Net financial transactions with subsidiaries 630 4,005Group contributions/shareholder contributions 623 1,621Loans raised 66 101Payments of loan principal –88 –24Cash flow from financing operations –135 4,451Cash flow for the year –42 131Liquid assets on January 1 227 96Liquid assets on December 31 44 185 227● 59 Skanska Annual Report 1999