Cash flow analyses for the Group
1 January – 31 December (in thousands of SEK) Not  2007  2006
Operating activities 3, 4, 33    
Profit after financial items   322,052  157,900
Adjustment for items not included in cash flow   73,604 31,387
Income tax paid   –77,992 –74,778
Cash flow from operating activities       
before changes in working capital   317,664 114,509
       
Cash flow from changes in working capital      
Increase (–)/Decrease (+) in operating receivables   –79,771 17,102
Increase (+)/Decrease (–) in operating liabilities   75,231 –10,305
Cash flow from operating activities   313,124 121,306
       
Investing activities      
Acquisition of tangible assets –45,094 –39,847
Disposal of tangible assets 6,970 8,347
Acquisition of intangible assets –1,022 –3,859
Disposal of intangible assets — 600
Acquisition of subsidiaries   –224,482 –557,062
Disposal of line of business   20,672 21,000
Acquisition of financial assets   –433 –524
Disposal of financial assets   7,366 6,579
Cash flow from investing activities   –236,023 –564,766
       
Financing activities      
Proceeds from borrowing   42,900 209,022
Amortisation of loans   –18,260  –7,011
New share issue   —  287,281
Dividend paid to shareholders in the parent company   –48,833 –30,365
Cash flow from financing activities   –24,193 458,927
       
Cash flow for the year   52,908 15,467
Cash and cash equivalents brought forward   257,474 242,007
Cash and cash equivalents carried forward   310,382 257,474