Volvo 2007 Annual Report Download - page 156
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Please find page 156 of the 2007 Volvo annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.Eleven-year summary
152 Financial information 2007
Eleven-year summary
Consolidated cash-fl ow statements
SEK bn 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
Operating income1 12.8 11.8 7.5 6.7 (0.7) 2.8 2.5 14.7 18.2 20.4 22.2
Depreciation and amortization 6.8 9.6 5.2 6.3 10.0 10.8 10.2 10.0 9.9 12.4 12.5
Other items not affecting cash (3.5) (4.9) (0.3) (0.4) 0.5 2.0 4.9 (0.1) 0.4 0.7 (0.5)
Change in working capital 4.7 1.5 (1.0) (3.3) 6.4 1.0 0.4 (1.4) (4.7) (7.7) (9.9)
Customer fi nancing receivables, net (15.5) (12.8) (7.1) (4.5) (3.7) (5.7) (4.3) (7.4) (7.8) – –
Financial items and income tax (0.4) (2.0) (1.7) (1.3) (2.1) (1.3) (0.9) (0.5) (2.0) (4.3) (5.9)
Cash-fl ow from operating activities 4.9 3.2 2.6 3.5 10.4 9.6 12.8 15.3 14.0 21.5 18.4
Investments in fi xed assets (9.9) (10.5) (4.9) (5.4) (8.1) (6.7) (6.0) (7.4) (10.3) (10.0) (10.1)
Investments in leasing assets (9.8) (12.7) (5.6) (5.7) (5.8) (5.2) (5.3) (4.4) (4.5) (4.6) (4.8)
Disposals of fi xed assets
and leasing assets 1.8 2.6 1.6 2.1 2.6 3.2 2.9 2.4 2.6 3.2 2.9
Shares and participations, net 10.7 5.5 (25.9) (1.6) 3.9 (0.1) (0.1) 15.1 0.3 (5.8) 0.4
Acquired and divested subsidiaries
and other business units, net (1.3) (5.6) 31.0 0.0 13.0 (0.2) 0.0 (0.1) 0.7 0.5 (15.0)
Interest-bearing receivables
including marketable securities 10.1 3.5 (16.9) 11.7 (3.7) (1.5) (2.0) (6.4) (1.3) 7.7 3.6
Cash-fl ow after net investments 6.5 (14.0) (18.1) 4.6 12.3 (0.9) 2.3 14.5 1.5 12.5 (4.6)
Increase (decrease) in loans 5.6 19.5 16.3 8.1 6.2 (0.1) 1.9 (8.8) 3.6 (2.6) 28.7
Repurchase of own shares – – – (11.8) (8.3) – – (2.5) (1.8) – –
Cash dividend/payment to
AB Volvo’s shareholders (2.0) (2.2) (2.6) (3.1) (3.4) (3.4) (3.4) (3.4) (5.1) (6.8) (20.3)
Other (5.9) (0.2) (0.1) 0.0 0.1 0.1 0.1 0.0 0.0 0.0 0.0
Change in cash and cash equivalents
excluding translation differences 4.2 3.1 (4.5) (2.2) 6.9 (4.3) 0.9 (0.2) (1.8) 3.1 3.8
Translation differences on cash
and cash equivalents 0.3 0.3 (0.2) 0.3 0.6 (0.7) (0.6) (0.2) 1.1 (0.5) 0.0
Change in cash and
cash equivalents 4.5 3.4 (4.7) (1.9) 7.5 (5.0) 0.3 (0.4) (0.7) 2.6 3.8
1 1999, excluding gain on sale of Volvo Cars of SEK 26.7 billion.
Operating cash fl ow Industrial operations
SEK bn 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007
Operating income 12.4 11.1 6.4 5.2 (1.0) 2.3 1.6 13.3 16.1 18.7 20.6
Depreciation and amortization 5.0 6.4 3.1 3.8 7.0 7.8 7.2 7.1 7.3 9.8 10.3
Other items not affecting cash (4.0) (5.5) (0.5) (1.6) 0.0 1.0 4.1 (0.6) 0.2 0.2 (0.4)
Change in working capital 3.7 0.4 (1.6) (3.0) 6.8 0.4 0.7 (1.4) (5.6) (3.1) (0.1)
Financial items and income taxes (0.5) (2.3) (1.7) (0.8) (2.3) (1.1) (0.7) (0.2) (1.9) (3.7) (6.0)
Cash fl ow from operating activities 16.6 10.1 5.7 3.6 10.5 10.4 12.9 18.2 16.1 21.9 24.4
Investments in fi xed assets (9.5) (10.2) (4.7) (5.1) (7.7) (6.3) (5.8) (7.2) (9.9) (9.7) (10.1)
Investments in leasing assets (0.5) (0.9) (0.5) (0.6) (0.5) (0.1) (0.1) (0.3) (0.3) (0.5) (0.2)
Disposals of fi xed assets
and leasing assets 1.0 1.5 0.8 0.7 1.1 1.1 0.6 0.7 0.9 0.9 1.1
Operating cash fl ow 7.6 0.5 1.3 (1.4) 3.4 5.1 7.6 11.4 6.8 12.6 15.2