Consolidated cash flow statement

SEKm	Note	2013	2014
Operations
Operating income		1,580	3,581
Depreciation and amortization		3,356	3,671
Restructuring provisions		1,855	173
Other non-cash items		222	93
Financial items paid, net		–540	–488
Taxes paid		–1,343	–985
Cash flow from operations, excluding change in operating assets and liabilities		5,130	6,045
Change in operating assets and liabilities
Change in inventories		165	–929
Change in trade receivables		–1,932	195
Change in accounts payable		609	3,160
Change in other operating liabilities and provisions		483	–649
Cash flow from change in operating assets and liabilities		–675	1,777
Cash flow from operations		4,455	7,822
Investments
Acquisition of operations	26	–205	–69
Capital expenditure in property, plant and equipment	12	–3,535	–3,006
Capital expenditure in product development	13	–442	–355
Capital expenditure in computer software	13	–514	–290
Other		–38	–39
Cash flow from investments		–4,734	–3,759
Cash flow from operations and investments		–279	4,063
Financing
Change in short-term investments		–25	49
Change in short-term borrowings		1,151	367
New long-term borrowings	18	3,039	1,952
Amortization of long-term borrowings	18	–1,851	–2,254
Dividend		–1,860	–1,861
Sale of shares		—	—
Cash flow from financing		454	–1,747
Total cash flow		175	2,316
Cash and cash equivalents at beginning of period		6,835	6,607
Exchange-rate differences referring to cash and cash equivalents		–403	184
Cash and cash equivalents at end of period		6,607	9,107