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Statement of Recognized Income and Expense
MSEK 2007 2006
Translation difference in foreign operations –258 –867
Net change in fair value of available-for-sale financial assets – –40
Effective portion of changes in fair value of cash flow hedges 38 –
Actuarial gains and losses related to pensions, incl. payroll tax –57 44
Tax on items taken to/transferred from equity –5 –27
Total transactions taken to equity, excluding transactions with    
equity holders of the Parent –282 –891
Profit for the period recognized in the income statement 2,056 2,335
Total income and expense recognized for the period,    
excluding transactions with equity holders of the Parent 1,773 1,443
attributable to:    
Equity holders of the Parent 1,772 1,443
Minority interest 1 1
     
The effect of the change in the accounting principle as per January 1, 2007 are specified in the table below:    
     
  2007  
Equity holders of the Parent    
Translation reserve 14  
Actuarial gains and losses –263  
Minority interest –  
Total –250  
Consolidated Cash Flow Statement
MSEK Note 2007 2006
  32    
Operating activities      
Profit before income tax   2,662 3,173
Adjustments for non-cash items and other   120 110
Income tax paid   –410 –1,732
       
Cash flow from operating activities before      
changes in working capital   2,372 1,551
       
Cash flow from changes in working capital      
Increase (–)/ Decrease (+) in inventories   59 –97
Increase (–)/Decrease (+) in operating receivables   –122 –185
Increase (+)/Decrease (–) in operating liabilities   18 65
Net cash from operating activities   2,327 1,335
       
Investing activities      
Purchase of property, plant and equipment*   –541 –304
Proceeds from sale of property, plant and equipment   1,165 100
Purchase of intangible assets   –68 –270
Acquisition of subsidiaries, net of cash acquired   –1,209 –29
Proceeds from sale of subsidiaries, net of cash disposed of   – 31
Change in non-current receivables   112 –60
Change in other current investments   51 277
Net cash used in investing activities   –490 –255
       
Financing activities      
Repurchase of own shares   –2,575 –3,674
Stock options exercised   122 94
Proceeds from non-current borrowings   2,239 5,512
Repayment of borrowings   –437 –2,383
Dividends paid to equity holders of the Parent   –664 –627
Other   –111 –86
Net cash used in financing activities   –1,426 –1,164
       
Net increase/decrease in cash and cash equivalents   410 –85
Cash and cash equivalents at the beginning of the year   3,042 3,325
Effect of exchange rate fluctuations on cash and cash equivalents   –13 –198
Cash and cash equivalent at end of year   3,439 3,042
* Includes investments in assets held for sale and biological assets.