Cash flow statement – parent company

Amounts in SEK	Note	2018	2017
Operating activities
Profit/loss after financial items	28	-96,092,507	-94,230,036
Adjustment for non-cash items	30	27,158,898	16,530,845
		-68,933,609	-77,699,191
Income tax paid		-226,855	-217,066
Cash flow from operating activities before changes in working capital		-69,160,464	-77,916,257
Cash flow from changes in working capital
Increase (-)/decrease (+) in inventories		3,531,803	-622,000
Increase (-)/decrease (+) in operating receivables		-396,420	1,909,659
Increase (+)/decrease (-) in operating liabilities		34,198,980	-9,462,583
Cash flow from operating activities		-31,826,101	-86,091,181
Investing activities
Purchase of property, plant and equipment		-1,091,892	-6,276,551
Purchase of intangible assets		-66,391,826	-72,980,114
Purchase of financial assets		-1,401,103	-1,150,063
Cash flow from investing activities		-68,884,821	-80,406,728
Financing activities
New share issue		416,066,553	205,731,454
Warrant programme		600,200	–
Borrowings		–	–
Repayment of debt		-139,755	-45,170,196
Cash flow from financing activities		416,526,998	160,561,258
Cash flow for the year		315,816,075	-5,936,651
Cash and cash equivalents at beginning of year		14,244,855	20,181,506
Cash and cash equivalents at year-end	29	330,060,931	14,244,855