Volvo 2013 Annual Report Download - page 188

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Consolidated cash-fl ow statements
SEK bn 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Operating income (loss) 7.1 17.6 26.9 18.0 (17.0) 15.9 22.2 20.4 18.2 14.7 2.5
Depreciation and amortization 17.4 14.7 13.9 13.8 15.2 13.5 12.5 12.4 9.9 10.0 10.2
Other non-cash items 2.4 1.4 1.3 1.6 4.4 (0.2) (0.5) 0.7 0.4 (0.1) 4.9
Change in working capital (10.8) (21.9) (15.1) 4.8 16.9 (23.3) (9.9) (7.7) (4.7) (1.4) 0.4
Customer fi nancing receivables, net ––––––––(7.8)(7.4)(4.3)
Financial items and income tax (5.1) (8.0) (7.3) (5.5) (4.6) (5.2) (5.9) (4.3) (2.0) (0.5) (0.9)
Cash-fl ow from operating
activities 11.0 3.8 19.7 32.7 14.9 0.7 18.4 21.5 14.0 15.3 12.8
Investments in fi xed assets (12.2) (14.6) (12.6) (10.4) (10.5) (12.7) (10.1) (10.0) (10.3) (7.4) (6.0)
Investments in leasing assets (8.2) (10.0) (7.4) (4.8) (4.2) (5.4) (4.8) (4.6) (4.5) (4.4) (5.3)
Disposals of fi xed assets and leasing assets 3.4 3.1 3.3 3.1 3.8 2.9 2.9 3.2 2.6 2.4 2.9
Shares and participations, net 0.0 (1.2) (0.1) (0.1) 0.0 0.0 0.4 (5.8) 0.3 15.1 (0.1)
Acquired and divested subsidiaries and other
business units, net 0.9 3.4 (1.6) 0.6 0.2 (1.3) (15.0) 0.5 0.7 (0.1) 0.0
Interest-bearing receivables including
marketable securities 0.5 3.7 2.6 6.8 (8.9) 10.9 3.6 7.7 (1.3) (6.4) (2.0)
Cash-fl ow after net investments (4.6) (11.8) 3.9 27.9 (4.7) (4.9) (4.6) 12.5 1.5 14.5 2.3
Changein loans, net 13.0 14.1 8.7 (25.7) 12.6 18.2 28.7 (2.6) 3.6 (8.8) 1.9
Repurchase of own shares ––––0.0–––(1.8)(2.5)–
Dividend to AB Volvo’s shareholders (6.1) (6.1) (5.1) 0.0 (4.1) (11.1) (20.3) (6.8) (5.1) (3.4) (3.4)
Cash payment to minority (0.2)0.00.0(0.1)–––––––
Other 0.1 0.0 0.0 0.0 (0.1) 0.0 0.0 0.0 0.0 0.0 0.1
Change in cash and cash equivalents
excluding translation differences 2.2 (3.8) 7.5 2.1 3.7 2.2 3.8 3.1 (1.8) (0.2) 0.9
Translation differences on cash and cash
equivalents (0.5) (0.8) (0.1) (0.4) (0.2) 1.0 0.0 (0.5) 1.1 (0.2) (0.6)
Change in cash and cash
equivalents 1.7 (4.6) 7.4 1.7 3.5 3.2 3.8 2.6 (0.7) (0.4) 0.3
Operating cash-fl ow Industrial Operations
SEK bn 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003
Operating income 5.6 16.1 26.0 17.8 (16.3) 14.5 20.6 18.7 16.1 13.3 1.6
Depreciation and amortization 14.5 12.0 11.4 11.4 12.4 11.8 10.3 9.8 7.3 7.1 7.2
Other items not affecting cash 1.5 0.8 0.6 0.1 2.3 (0.7) (0.4) 0.2 0.2 (0.6) 4.1
Change in working capital (2.0) (9.2) (4.2) 4.6 4.7 (10.9) (0.1) (3.1) (5.6) (1.4) 0.7
Financial items and income taxes (4.9) (7.3) (6.9) (5.1) (4.7) (5.0) (6.0) (3.7) (1.9) (0.2) (0.7)
Cash-fl ow from operating activities 14.7 12.4 26.9 28.8 (1.6) 9.7 24.4 21.9 16.1 18.2 12.9
Investments in fi xed assets (12.2) (14.6) (12.6) (10.3) (10. 3) (12.6) (10.1) (9.7) (9.9) (7.2) (5.8)
Investments in leasing assets (1.5) (3.6) (1.4) (0.3) (0.2) (0.4) (0.2) (0.5) (0.3) (0.3) (0.1)
Disposals of fi xed assets and leasing assets 0.5 0.9 1.2 0.8 0.7 0.6 1.1 0.9 0.9 0.7 0.6
Operating cash-fl ow 1.5 (4.9) 14.1 19.0 (11.4) (2.7) 15.2 12.6 6.8 11.4 7.6
184
FINANCIAL INFORMATION 2013