Electrolux 1996 Annual Report Download - page 38

Download and view the complete annual report

Please find page 38 of the 1996 Electrolux 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.

Page out of 66

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66

Statements of changes in financial position
Group Parent company
(SEKm) 1996 1995 1996 1995
Operations
Net income 1,850 2,748 1,263 3,386
Depreciation according to plan charged against above income 4,438 4,407 265 240
Capital gain/loss included in operating income –114 –45 152 183
Allocations ––80 –87
Change in operating assets and liabilities
Change in notes receivable and accounts receivable –345 –879 – 8 13
Change in current intra-Group balances ––838 –1,534
Change in inventories 1,286 – 1,282 98 – 54
Change in other current assets –519 –641 – 65 208
Change in current liabilities –2,620 – 486 –99 –103
Liquid funds generated by operations 3,976 3,822 2,524 2,252
Investments
Operations –1,096 –177 ––
Divestment of operations 537 –––
Shares and participations 59 26 –5,099 231
Long-term notes receivable and accounts receivable –114 150 –17 –9
Change in intra-Group balances ––237 188
Goodwill ––19 ––
Machinery, buildings, land, construction in progress, etc. – 4,807 – 5,115 –207 –247
Other fixed assets 20 292 –2 –14
Income on sales of fixed assets 634 474 21
Liquid funds generated by operations, after investments – 791 –547 – 2,562 2,402
Financing
Change in long-term loans –924 1,789 4,307 –3,738
Change in other long-term liabilities 204 81 62 70
Other
Dividends paid –915 –915 – 915 – 915
Change in minority interests 141 71 ––
Exchange-rate differences referring to net liquidity –62 –12 ––
Change in net liquid funds*–2,347 467 892 – 2,181
Net liquid funds at beginning of year 6,947 6,480 1,598 3,779
Net liquid funds at year-end 4,600 6,947 2,490 1,598
*Net liquidity is defined as liquid funds less short-term borrowings.
34
Electrolux Annual Report 1996