Financial information Parent Company AB Volvo

Cash-flow statement
SEK M    2012 2011
Operating activities          
Operating income     2,186   766
Depreciation and amortization     16   16
Other non-cash items Note 21   (2,788)   67
Total change in working capital whereof     127   (185)
   Change in accounts receivable     134   (171)
   Change in trade payables     (61)   188
  Other changes in working capital     54   (202)
Interest and similar items received     0   0
Interest and similar items paid     (1,504)   (1,672)
Other financial items     (105)   (152)
Group contributions received/paid, net  Note 21   7,085   6,614
Income taxes (received)     5  
Cash-flow from operating activities     5,022   5,454
           
Investing activities          
Investments in fixed assets     (74)   (65)
Disposals of fixed assets     100  
Shares and participations in Group companies, net Note 21   5,097   (93)
Shares and participations in non-Group companies, net Note 21   (1,098)   (508)
Cash-flow after net investments     9,047   4,788
           
Financing activities          
Change in loans, net Note 21   (2,964)   281
Dividend to AB Volvo's shareholders     (6,083)   (5,069)
Change in liquid funds     0   0
           
Liquid funds, Beginning of year     0   0
           
Liquid funds, End of year     0   0
           
Liquid funds          
Liquid funds include cash and bank balances.