Notes for P&L

All amounts in SEKm unless otherwise stated

Note 28 Cash flow statement

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Group Parent Company
Adjustment for items not included in cash flow 2012/2013 2011/2012 2012/2013 2011/2012
Depreciation/amortisation 101.9 92.8 0.8 0.8
Gain/loss on sale of operations and non-current assets -0.6 -1.0
Change in pension liability 6.8 2.3 -0.5 1.0
Group contributions/dividends not paid -214.0 -210.0
Change in other provisions and accrued items 4.0 2.8
Other -11.4 5.1 -1.1
Total 100.7 102.0 -214.8 -208.2

For the Group, interest received during the year totalled SEK 3.9 million (5.4), and interest paid was SEK 11.7 million (13.2). For the Parent Company, interest received during the year was SEK 36.4 million (37.0), and interest paid was SEK 16.9 million (21.5).

The following adjustments were made as a result of the value of assets and liabilities in companies acquired during the year, together with adjustments such as contingent considerations paid for acquisitions made in previous years:

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      2012/2013 2011/2012
Non-current assets 289.2 273.5
Inventories 65.9 70.6
Receivables 136.7 65.7
Cash and cash equivalents 44.0 33.8
Total 535.8 443.6
 
Interest-bearing liabilities and provisions -39.1 -47.4
Non-interest-bearing liabilities and provisions -107.1 -107.0
Total -146.2 -154.4
 
Consideration paid 1) -355.5 -293.8
Cash and cash equivalents in acquired companies 44.3 33.9
Effect on the Group’s cash and cash equivalents -311.2 -259.9
         
 1) The consideration paid includes a contingent consideration charged to the income statement in the amount of SEK -6.0 million and the purchase of non-controlling interests of SEK -2.9 million.
         
The following adjustments were made as a result of the value of assets and liabilities in companies disposed of during the year:
    2012/2013 2011/2012
Non-current assets
Inventories -0.1
Receivables -0.8
Cash and cash equivalents -1.2
Total -2.1
Non-controlling interests 0.7
Capital gain on sold companies
Non-interest-bearing liabilities and provisions 0.7
Total 1.4
 
Consideration received 0.7
Cash and cash equivalents in companies disposed of -1.2
Effect on the Group’s cash and cash equivalents     -0.5
         
In the previous financial year, Electra-Box Pharma AB, a subsidiary of Electra-Box Diagnostica AB, which is included in the Addtech Life Science business area, was disposed of.

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Year’s acquisitions of operations        
Company Country Acquisition date Ownership, % Acquisition price
Staubo Elektro Maskin AS Norway 2012-07-01 100 65.8
ASI Automatikk AS Norway 2012-07-01 100 52.5
CEO Mekanik (assets and liabilities) Sweden 2012-07-01 5.4
Leica Nilomark Oy Finland 2012-10-01 100 10.6
Active Care Sverup AB Sweden 2012-10-08 100 13.5
Quality Documentation Scandinavia AB 1) Sweden 2012-11-01 100 3.8
Necks Electric Holding AB Sweden 2012-11-01 100 75.0
Vallin Baltic AS Estonia 2012-11-30 100 17.2
Norsk Analyse AS Norway 2013-01-07 100 97.0
Precima Production (assets and liabilities) Sweden 2013-02-01 4.7
1) After the acquisition date, the company changed names to Quality Documentation Miopics AB.

All businesses acquired during the year were consolidated in the accounts using the acquisition method.

Cash and cash equivalents in the cash flow statement consist of cash and bank balances. The same definition applied to determine cash and cash equivalents in the balance sheet was applied in the cash flow statement.