Cash flow
| Net debt, December 31 | -5 966 | -35 361 | |
| 1) Essitys cash and cash equivalents were SEK 4,170 m on the first day of quotation. | |||
| SEKm | Note | 2017 | 2016 |
| Net sales | 16 664 | 15 373 | |
| Operating expenses | -12 903 | -12 104 | |
| Adjusted earnings before depreciation and impairment (adjusted EBITDA) |
3 761 | 3 269 | |
| Adjustment for non-cash items | -616 | -685 | |
| Operating cash surplus | 3 145 | 2 584 | |
| Change in | |||
| Inventories | -60 | 17 | |
| Operating receivables | -100 | 254 | |
| Operating liabilities | 17 | 103 | |
| Change in working capital | -143 | 374 | |
| Value-preserving net investments | -638 | -959 | |
| Restructuring costs | -91 | -82 | |
| Operating cash flow, continuing operations | 2 273 | 1 917 | |
| Operating cash flow, discontinued operations | 4 649 | 13 031 | |
| Operating cash flow | 6 922 | 14 948 | |
| Financial items | E7 | -93 | -84 |
| Payed tax | B5 | -30 | -17 |
| Other | -41 | 3 | |
| Cash flow, continuing operations | 2 109 | 1 819 | |
| Cash flow, discontinued operations | 3 040 | 8 563 | |
| Cash flow | 5 149 | 10 382 | |
| Strategic capital expenditures and divestments | |||
| Company acquisitions | F4 | - | -58 |
| Strategic capital expenditures in non-current assets | -2 863 | -2 231 | |
| Total strategic capital expenditures | -2 863 | -2 289 | |
| Divestments | F4 | - | 120 |
| Cash flow from strategic capital expenditures and divestments, continuing operations |
-2 863 | -2 169 | |
| Cash flow from strategic capital expenditures and divestments, discontinued operations |
-25 297 | -8 204 | |
| Cash flow from strategic capital expenditures and divestments |
-28 160 | -10 373 | |
| Cash flow before dividend, continuing operations |
-754 | -350 | |
| Cash flow before dividend, discontinued operations |
-22 257 | 359 | |
| Cash flow before dividend | -23 011 | 9 | |
| Private placement to non-controlling interests | - | 435 | |
| Dividend | -4 214 | -4 228 | |
| Net cash flow from continuing and discontinued operations |
-27 225 | -3 784 | |
| Net debt | |||
| SEKm | 2017 | 2016 | |
| Net debt January 1 | -35 361 | -29 478 | |
| Net cash flow | -27 225 | -3 784 | |
| Net debt, discontinued operations 1) | 56 010 | - | |
| Remeasurements to equity | 1 027 | -1 526 | |
| Exchange rate effects and market value changes | -417 | -573 | |