Note 21 - Cash flow statment

In cases in which loan financing of investment projects is paid directly to the shipyard/supplier and does not pass through the company’s/Group’s cash balance, the investment amount is recognized in the cash-flow statement as a net amount after deductions for financing. The recognized investment fee therefore comprises the company’s cash payment.

The acquisition/divestment of shares in subsidiaries is recognized in the consolidated accounts as purchase amounts paid/received less cash and cash equivalents in the acquired/divested subsidiary at the date of acquisition/divestment.

  Group Parent Company    
SEK 000s 2009 2008 2009 2008    
Cash and cash equivalents            
Cash and bank balances, Jan. 1 573,734 393,054 221,908 93,260    
Changes in cash and bank balances for the year –246,334 180,680 –148,826 128,648    
Cash and cash equivalents, Dec. 31 327,400 573,734 73,082 221,908    
Less blocked/pledged cash and cash equivalents –7,499 –6,609    
Unappropriated cash and cash equivalents, Dec. 31 319,901 567,125 73,082 221,908