Statements of Cash Flow - I.M. Skaugen SE
| NOK million |
2007 |
2006 |
2005 |
| |
|
|
|
| Cash Flow from Operations |
|
|
|
| Payments of operating expenses |
(36) |
(60) |
(58) |
| Received payments of dividend |
199 |
95 |
157 |
| Interest received |
25 |
27 |
10 |
| Interest paid |
(95) |
(79) |
(42) |
| Net Cash Flow from Operations 1) |
93 |
(17) |
67 |
| |
|
|
|
| Cash Flow from Investments |
|
|
|
| Investment in fixed assets |
(2) |
0 |
6 |
| Sale of fixed assets |
9 |
0 |
0 |
| Payments of purchase of shares and holdings in other companies |
(348) |
(574) |
(23) |
| Received payments from sale of shares and holding in other companies |
28 |
1 |
37 |
| Received payment related to long term reveivables |
3 |
21 |
10 |
| Payment related to long term receivables |
6 |
(3) |
0 |
| Net Cash Flow from Investment |
(304) |
(555) |
24 |
| |
|
|
|
| Cash Flow from Financing |
|
|
|
| Received payments from raising new long-term debt |
400 |
482 |
487 |
| Repayment of principal of long-term debt |
(101) |
(111) |
(156) |
| Payment of purchase of convertible bonds and treasury shares |
0 |
(32) |
(25) |
| Payment of principal of loans to subsidiaries and associates |
0 |
0 |
(62) |
| Received payments of principal of loans to subsidiaries |
0 |
0 |
170 |
| Payments of dividend |
(48) |
(9) |
(116) |
| Net Cash Flow from Financing |
251 |
330 |
298 |
| Effect of changes in exchange rate on cash and cash equivalents |
6 |
0 |
28 |
| Net change in cash and cash equivalents |
46 |
(242) |
417 |
| Cash and cash equivalents 1 January |
209 |
451 |
34 |
| Cash and cash equivalents 31 December |
255 |
209 |
451 |
| |
|
|
|
| 1) Reconciliation |
|
|
|
| Result before taxes |
71 |
(42) |
94 |
| Ordinary depreciation |
0 |
1 |
0 |
| Write-down of long-term shares and receivables |
3 |
26 |
1 |
| Group contribution |
0 |
(3) |
0 |
| Gains/Losses from sale of shares in subsidiaries |
0 |
0 |
4 |
| Gains/Losses from sale of shares |
0 |
(1) |
(13) |
| Gains/Losses from sale of fixed assets |
(1) |
0 |
0 |
| Changes in market value of financial current assets |
5 |
0 |
(7) |
| Change in other debtors |
(1) |
(3) |
(14) |
| Change in short-term liabilities |
(14) |
4 |
2 |
| Effect of changes in exchange rate |
30 |
1 |
0 |
| Net Cash Flow from Operations |
93 |
(17) |
67 |