Reclassification of items in the statements of cash flow

Report this content

The reclassification has no impact on the Group’s income statements, balance sheets or the change in cash and cash equivalents.

SKF has reclassified some items in its statements of cash flows for the years 2006, 2005 and 2004 as a result of the U.S. Securities and Exchange Commission’s review of the 2005 Annual report on Form 20-F. Previously reported statements of cash flow for these years have been changed, certain items are moved from financing to operating activities and to investing activities. Cash flows related to contributions to pension plans are now considered as operating activities and cash flows relating to marketable securities and other liquid assets are now considered as investing activities.






For further information, please contact:
Marita Björk, SKF Investor Relations, tel: +46 (0)31 337 1994, mobile: +46 (0)705-181994, e-post: marita.bjork@skf.com

Subscribe