Cash flow - SCA - SCA Svenska Cellulosa Aktiebolaget

Annual results Quarterly results

Table

SEKm	101231	091231	081231	071231
Net sales	109,142	110,857	110,449	105,913
Operating expenses	-93,321	-94,415	-95,709	-86,095
Operating surplus	15,821	16,442	14,740	19,818
Adjustment for significant non-cash items	-724	-709	-871	-4,532
Operating cash surplus	15,097	15,733	13,869	15,286
Change in
Operating receivables	-3,197	1,556	798	-1,967
Inventories	-1,866	2,210	-363	-1,765
Operating liabilities	4,021	-459	-454	2,433
Change in working capital	-1,042	3,307	-19	-1,299
Current capital expenditures, net	-3,647	-4,037	-5,353	-5,165
Restructuring costs, etc.	-653	-870	-684	-695
Operating cash flow	9,755	14,133	7,813	8,127
Financial items	-1,116	-1,644	-2,317	-1,910
Income taxes paid	-1,255	-1,003	-1,702	-1,719
Other	15	4	16	10
Cash flow from current operations	7,399	11,490	3,810	4,508
Strategic capital expenditures, restructuring costs and divestments
Acquisitions	-493	-51	-1,764	-4,545
Strategic capital expenditures, non-current assets	-2,427	-3,031	-3,109	-1,342
Total strategic capital expenditures	-2,920	-3,082	-4,873	-5,887
Divestments	1,297	75	1,140	2,852
Cash flow from strategic restructuring costs, capital expenditures and divestments	-1,623	-3,007	-3,733	-3,035
Cash flow before dividend	5,776	8,483	77	1,473
Sale of treasury shares	-	-	28	55
Dividend to shareholders	-2,657	-2,498	-3,128	-2,939
Net cash flow	3,119	5,985	-3,023	-1,411
Net debt, 1 January	-40,430	-47,002	-37,368	-36,399
Net cash flow	3,119	5,985	-3,023	-1,411
Remeasurements to equity	695	-729	-3,523	1,013
Currency effects	2,210	1,316	-3,088	-571
Net debt, 31 December	-34,406	-40,430	-47,002	-37,368