AAK Annual Report 2019

Cash Flow Statement – Parent Company SEK million Note Jan–Dec 2019 Jan–Dec 2018 OPERATING ACTIVITIES Profit after financial items 1,474 2,372 Reversal of amortization and impairment losses 4 3 Income tax paid -4 -10 Other non-cash items 29 3 - Cash flow from operations before changes to working capital 1,477 2,365 Changes in working capital Net change in other current receivables -4 -298 Net change in other current operating liabilities -21 2 Cash flow from operating activities 1,452 2,069 INVESTING ACTIVITIES Acquisition of intangible assets -5 -6 Acquisition of operations and shares, net of cash acquired -3,362 - Cash flow from investing activities -3,367 -6 FINANCING ACTIVITIES Loans raised from banks and credit institutions 751 1,499 Loans raised from Group companies 1,633 - Amortization of loans from Group companies - -3,150 Dividend -469 -412 Cash flow from financing activities 1,915 -2,063 Cash flow for the year 0 0 Cash and cash equivalents at beginning of year 0 0 Cash and cash equivalents at year-end 0 0 67