Consolidated cash flow statement

Income after financial income and expenses

Adjustment for depreciation, amortization and impairment losses

Other adjustment for non–cash items, etc.

Income tax paid

Cash flow from operating activities before changes in working capital

Change in inventories

Change in operating receivables

Change in operating liabilities

Cash flow from changes in working capital

Investments in rental equipment

Divestments of rental equipment

Cash flow from operating activities

Acquisition of companies and shares, net of cash acquired

Proceeds from sale of companies and shares, net of cash disposed

Acquisition of tangible assets

Proceeds from sale of tangible assets

Acquisition of intangible assets

Proceeds from sale of intangible assets

Other investments, net

Net cash used in investing activities

Net cash flow after investing activities

Change in borrowing

Dividends paid

Amortization, lease liabilities

Cash flow for the year

Cash and cash equivalents at beginning of year

Foreign exchange differences on cash and cash equivalents

Cash and cash equivalents at the end of year

Cash flow from operations

Cash flow from investing activities

Cash flow from financing activities

Cash flow from continuing operations