CONSOLIDATED CASH FLOW STATEMENT
KONGSBERG GRUPPEN (THE GROUP)
- Directors' Report
- Consolidated Income Statement (The Group)
- Consolidated Balance Sheet (The Group)
- Consolidated Cash Flow Statement (The Group)
- Consolidated Statement of Recognised Income and Expense (The Group)
- Income Statement – Kongsberg Gruppen ASA
- Balance Sheet – Kongsberg Gruppen ASA
- Statement of Cash Flow – Kongsberg Gruppen ASA
- Notes
- Auditor's Report for 2007
- Download the Financial Statements in Excel format
| Amounts in MNOK | Notes | 2007 | 2006 | |
| Profit for the year | 986 | 252 | ||
| Depreciation on property, plant and equipment | 170 | 163 | ||
| Amortisation on intangible assets | 44 | 16 | ||
| Net finance expense | 67 | 58 | ||
| Gain on disposal of property | (253) | - | ||
| Gain on changes in pension plan | (341) | - | ||
| Income tax expense | 293 | 138 | ||
| Earnings before tax prior to depreciation, amortisation and non-recurring items |
966 | 627 | ||
| Adjusted for | ||||
| Change in prepayments from customers | 441 | (120) | ||
| Change in project accruals | 304 | 264 | ||
| Change in other current liabilities | 348 | 208 | ||
| Change in inventories | (421) | (266) | ||
| Change in receivables | (186) | (292) | ||
| Changes in projects in progress | (230) | 146 | ||
| Change in other accrual items | (181) | 72 | ||
| Income tax paid | (26) | (16) | ||
| Net cash flow from operating activities | 1 015 | 623 | ||
| Net cash flow from investing activities | ||||
| Proceeds from sale of property shares | » 8 | 571 | - | |
| Proceeds from sale of property, plant and equipment | » 13 | 10 | 7 | |
| Acquisition of property, plant and equipment | » 13 | (432) | (221) | |
| Capitalised proprietary intangible assets (R&D) | » 14 | (72) | (17) | |
| Acquisition of subsidiaries and minority | » 6 | (281) | (225) | |
| Payment of loans and acquisition of shares | » 6, 14, 20 | (134) | (64) | |
| Net cash flow from investing activities | (338) | (520) | ||
| Net cash flow from financing activities | ||||
| Repayment of loans | (300) | (13) | ||
| Interest received | 5 | 4 | ||
| Interest paid | (59) | (51) | ||
| Net payments for the purchase/sale of treasury shares | (12) | (3) | ||
| Dividends paid to equity holders of the parent | (75) | (65) | ||
| Net cash flows used in financing activities | (441) | (128) | ||
| Net change in cash and short-term deposits | 236 | (25) | ||
| Cash and short-term deposits at 1 Jan. | 711 | 736 | ||
| Cash and short-term deposits at 31 Dec. | 947 | 711 | ||