New Wave Group AB feb_6_q4_en_hq | Page 15

THE GROUP CONSOLIDATED CASH FLOW STATEMENT Note SEK million Operating activities Operating result Adjustment for items not included in cash flow Received interest Paid interest 3 months Oct - Dec 2019 3 months Oct - Dec 2018 12 months Jan - Dec 2019 12 months Jan - Dec 2018 240.3 209.4 535.0 482.8 65.6 16.9 231.9 74.4 2.7 -1.4 7.9 2.2 -23.9 -11.4 -76.1 -43.2 Paid income tax -22.6 -29.4 -93.6 -86.5 Cash flow from operating activities before changes in working capital 262.1 184.1 605.0 429.7 Increase/decrease of inventories 180.9 44.6 -241.7 -494.0 Increase/decrease of current receivables -47.5 -3.6 -51.5 -27.5 Increase/decrease of current liabilities Cash flow from changes in working capital -108.8 -50.7 -212.3 314.4 24.7 -9.7 -505.6 -207.1 Cash flow from operating activities 286.7 174.4 99.5 222.6 -31.3 -37.0 -124.7 -147.1 1.2 1.1 6.9 4.3 -5.4 -2.9 -21.7 -15.4 Investments in associated companies -0.3 -0.5 -0.8 -2.0 Business combinations -8.5 0.0 -8.5 0.0 0.5 -0.3 -1.6 -2.9 Changes in working capital Investing activities Investments in tangible fixed assets Sales of tangible fixed assets Investments in intangible fixed assets Raised long-term receivables Repayment of long-term receivables 3 Cash flow from investing activities Cash flow after investing activities 1.6 0.0 1.6 0.0 -42.2 -39.7 -148.7 -163.2 244.6 134.7 -49.3 59.4 Financial activities 0.0 0.0 314.9 152.1 -115.6 -15.9 0.0 0.0 Amortization of lease liabilities -7.0 0.0 -103.0 0.0 New issue of shares in companies with non-controlling interest 0.0 0.0 1.2 0.0 Dividend paid to the shareholders of the Parent company 0.0 0.0 -132.7 -112.8 -122.6 -15.9 80.4 39.3 Loan raised Amortization of loan Cash flow from financial activities Cash flow for the period 121.9 118.8 31.2 98.7 Liquid assets at the beginning of the period 238.4 192.6 312.2 202.4 Translation differences in liquid assets Liquid assets at period-end -9.1 0.8 7.9 11.1 351.3 312.2 351.3 312.2 351.3 312.2 351.3 312.2 Liquid assets Cash at bank and in hand 15