SKF announces a reclassification between lines in the specification of the “Net cash flow used in investing activities” in the SKF Year-end report 2016. The changes refer to page 11 of the report, under the headline “Condensed consolidated statement of cash flow”.
The changes do not impact the Net cash flow used in investing activities, which remains SEK -751 million for Oct-Dec 2016 and SEK 567 million for Jan-Dec 2016.
The following lines are affected by the reclassification:
| As published Oct-Dec 2016 |
Reclassified Oct-Dec 2016 |
As published Jan-Dec 2016 |
Reclassified Jan-Dec 2016 |
|
| Payments for intangible assets, PPE, businesses and equity securities | -1 076 | -693 | -2 654 | -2 271 |
| Sales of PPE, businesses and equity securities | 325 | -58 | 3 221 | 2 838 |
| Net cash flow used in investing activities | -751 | -751 | 567 | 567 |
