Parent Compan y s t atement of income M SEK Note 2012 2011 2010 License fees and other income 40 9916 8461 9554 Gross income 9916 8461 9554 Adminis tr ativ e e xpenses 42 43 7926 4737 4679 Other oper atin g income 42 128 1210 127 Oper atin g income 2118 4934 5002 R esult of fnancial in v es tments R esult of sale of shares in subsidiaries 40 91 Dividend 1 40 11 8755 4 6791 6 0359 Interes t income 40 2065 1989 1271 Interes t e xpenses 40 8688 8802 6121 Other fnancial income and e xpenses net 1 44 8 4120 2 7094 3 7903 T ot al fnancial income and e xpenses 1 2 7921 1 2884 1 7606 Income after fnancial items 3 0039 1 7818 2 2608 Appropriations Group contributions from subsidiaries 40 4981 3486 578 Group contributions to subsidiaries 40 37 299 4974 T ot al appropriations 1 4944 3187 4396 Income before t ax es 3 4983 2 1005 1 8212 Current t ax es 45 06 134 158 Deferred t ax es 45 560 59 599 Net income for the y ear 3 4417 2 0930 1 7455 1 The compar ativ e y ear s ha v e been res t ated since group contributions ha v e been accounted for as appropriations due to a chan g e of accountin g principle R efer to note 39 Accountin g principles for further information Parent Compan y s t atement of comprehensiv e income M SEK Note 2012 2011 2010 Net income for the y ear 3 4417 2 0930 1 7455 Other comprehensiv e income Cash fo w hed g es net of t ax 71 32 532 Net in v es tment hed g es 1630 131 1658 Other comprehensiv e income 45 1559 163 1126 T ot al comprehensiv e income for the y ear 3 2858 2 1093 1 6329 Parent Compan y s t atement of cash fo w M SEK Note 2012 2011 2010 Oper ations Oper atin g income 2118 4934 5002 R e v er sal of depreciation 46 47 99 103 98 f inancial items receiv ed 1 11 6511 1 1465 6 4150 f inancial items paid 1 9587 8111 5967 Current t ax es paid 58 223 78 Chan g e in other oper atin g capit al emplo y ed 1 3288 4129 4264 Cash fo w from oper ations 11 2371 4039 6 7469 In v es tin g activities In v es tments in noncurrent t an g ible and int an g ible assets 46 47 317 195 115 Shares in subsidiaries 48 4 1581 5629 4 5057 Cash fo w from in v es tin g activities 4 1898 5824 4 5172 Financin g activities Dividend paid 1 0952 1 0952 1 0952 Proceeds from bond loans 6 6176 3 3441 1 7645 R edemption of bond loans 1 0000 1 0000 4595 Proceeds from other lon g term borro win g s 5161 R epa yment of other lon g term borro win g s 2 0418 8724 Chan g e in other interes t bearin g net debt e x cludin g liquid funds 11 5502 4585 1 5666 Cash fo w from fnancin g activities 7 0278 1817 2 2292 Cash fo w for the y ear 195 32 05 Liquid funds at be g innin g of y ear 54 22 17 Liquid funds at y ear end 51 249 54 22 1 The compar ativ e y ear s ha v e been res t ated since group contributions ha v e been accounted for as chan g e in other oper atin g capit al emplo y ed due to a chan g e of accountin g principle R efer to note 39 Accountin g principles for further information 120 Securit as Annual R eport 2012 Annual R eport Parent Compan y fnancial s t atements