Consolidated cash flow statement

Profit before tax

Adjustment for depreciation, amortization and impairment losses

Other adjustments for non-cash items

Payment to pension fund

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

Proceeds from sale of rental equipment

Cash flow from operating activities, net

Acquisitions of companies and shares, net of cash acquired

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

Acquisitions of tangible assets

Proceeds from sale of tangible assets

Acquisitions of intangible assets

Proceeds from sale of intangible assets

Acquisitions of financial assets

Proceeds from sale of financial assets

Other investments, net

Cash flow from investing activities

Repayment of borrowings

Proceeds from borrowings

Amortization, lease liabilities

Repurchase of own shares

Dividends paid

Cash flow from financing activities, net

Cash flow for the year

Cash and cash equivalents at beginning of year

Exchange-rate differences in cash and cash equivalents

Cash and cash equivalents at the end of year