Axactor Annual Report 2016

Note 27 Discontinued Operation Discontinued operation in 2015 relates to the nickel operations on subsidiary level to Swedish mineral company Archelon in December 2015. SEK thousand 2016 2015 Other operating expense - 40 other external expenses - -588 Personnel expenses - -297 Depreciation/impairment of fixed assets - -104,477 Operating result - -105,322 Result from financial items Financial revenu - 4 Financial expenses - - Total financial items - 4 Result before tax - -105,288 Income tax - - Loss from discontinued operations - -105,288 Cash flow from operations SEK thousand 2016 2015 Result after financial items - -105,288 Impairment losses on intangible fixed assets - 101,665 Depreciation of tangible fixed assets - 136 Incometax paid - - Total cash flow from operations before change in working capital - -3,487 Total cash flow from change in working capital - -1,293 Total cash flow used for investments - - Total cash flow from financial investments - 4,772 Change in cash and bank - -8 Cash and bank on 1 january - 135 Cash and bank at the end of reporing period - 127 Axactor AB | Annual report 2016 58