SEK bn 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Operating income (loss) 26.9 18.0 (17.0) 15.9 22.2 20.4 18.2 14.7 2.5 2.8 (0.7)
Depreciation and amortization 13.9 13.8 15.2 13.5 12.5 12.4 9.9 10.0 10.2 10.8 10.0
Other non-cash items 1.3 1.6 4.4 (0.2) (0.5) 0.7 0.4 (0.1) 4.9 2.0 0.5
Change in working capital (15.1) 4.8 16.9 (23.3) (9.9) (7.7) (4.7) (1.4) 0.4 1.0 6.4
Customer financing receivables, net - (7.8) (7.4) (4.3) (5.7) (3.7)
Financial items and income tax (7.3) (5.5) (4.6) (5.2) (5.9) (4.3) (2.0) (0.5) (0.9) (1.3) (2.1)
Cash-flow from operating activities 19.7 32.7 14.9 0.7 18.4 21.5 14.0 15.3 12.8 9.6 10.4
                       
Investments in fixed assets (12.6) (10.4) (10.5) (12.7) (10.1) (10.0) (10.3) (7.4) (6.0) (6.7) (8.1)
Investments in leasing assets (7.4) (4.8) (4.2) (5.4) (4.8) (4.6) (4.5) (4.4) (5.3) (5.2) (5.8)
Disposals of fixed assets and leasing assets 3.3 3.1 3.8 2.9 2.9 3.2 2.6 2.4 2.9 3.2 2.6
Shares and participations, net (0.1) (0.1) 0.0 0.0 0.4 (5.8) 0.3 15.1 (0.1) (0.1) 3.9
Acquired and divested subsidiaries and other business units, net (1.6) 0.6 0.2 (1.3) (15.0) 0.5 0.7 (0.1) 0.0 (0.2) 13.0
Interest-bearing receivables including marketable securities 2.6 6.8 (8.9) 10.9 3.6 7.7 (1.3) (6.4) (2.0) (1.5) (3.7)
Cash-flow after net investments 3.9 27.9 (4.7) (4.9) (4.6) 12.5 1.5 14.5 2.3 (0.9) 12.3
                       
Change in loans, net 8.7 (25.7) 12.6 18.2 28.7 (2.6) 3.6 (8.8) 1.9 (0.1) 6.2
Repurchase of own shares - 0.0 (1.8) (2.5) (8.3)
Dividend to AB Volvo's shareholders (5.1) 0.0 (4.1) (11.1) (20.3) (6.8) (5.1) (3.4) (3.4) (3.4) (3.4)
Cash payment to minority 0.0 (0.1)
Other 0.0 0.0 (0.1) 0.0 0.0 0.0 0.0 0.0 0.1 0.1 0.1
Change in cash and cash equivalents excluding translation differences 7.5 2.1 3.7 2.2 3.8 3.1 (1.8) (0.2) 0.9 (4.3) 6.9
                       
Translation differences on cash and cash equivalents (0.1) (0.4) (0.2) 1.0 0.0 (0.5) 1.1 (0.2) (0.6) (0.7) 0.6
Change in cash and cash equivalents 7.4 1.7 3.5 3.2 3.8 2.6 (0.7) (0.4) 0.3 (5.0) 7.5