Consolidated Cash Flow Statement

Amounts in SEK M Note 2016 2015
Operating activities
Profit/loss before tax -11 -162
Adjustment for non-cash items 29 64 186
53 24
Income tax paid/received -9 -7
Cash flow from operating activities before changes in working capital 44 17
Cash flow from changes in working capital
Increase (-)/decrease (+) in inventories 37 7
Increase (-)/decrease (+) in operating receivables -7 4
Increase (+)/decrease (-) in operating liabilities 4 -121
Cash flow from operating activities 78 -93
Investing activities
Acquisitions of intangible assets  14 -2 0
Acquisitions of tangible assets  15 -8 -16
Divestments of tangible assets 0
Investments in financial assets 0 0
Cash flow from investing activities -10 -16
Cash flow after investments   68 -109
Financing activities
Rights issue 244
Acquisition/divestment of treasury shares 0
Loans raised 586
Amortization of loan liabilities -74 -759
Cash flow from financing activities -74 71
Cash flow for the year   -6 -38
Cash and equivalents at January 1   33 73
Exchange rate differences in liquid assets   0 -2
Cash and equivalents at December 31   27 33