This excerpt taken from the NDAQ 8-K filed Feb 20, 2008.
Uses of funds
Capital expenditures. OMXs capital expenditures, excluding acquisitions of businesses, decreased from SEK 381 million in 2005 to SEK 288 million in 2006. Capital expenditures in the first nine months of 2006 amounted to SEK 210 million and in the first nine months of 2007 to SEK 409 million of which SEK 177 million relate to products within the Genium platform.
Acquisitions. In 2005, OMX used net cash of SEK 900 million on acquisitions which related to the acquisition of the Copenhagen Stock Exchange. In 2006, OMX used net cash of SEK 153 million on acquisitions, SEK 134 million of which related to the acquisition of Computershare Markets Technology. The remaining SEK 19 million related to the acquisition of the Iceland Stock Exchange.
In the first half of 2007, OMX acquired Findata for SEK 43.5 million.
Dividends. In 2006, OMX paid dividends of SEK 9.50 per share. At the annual general meeting held on April 12, 2007, OMXs shareholders approved an ordinary dividend in respect of 2006 of SEK 4.50 per share and an additional dividend of SEK 2.00 per share, amounting to SEK 784.2 million in total, that were paid on April 19, 2007.
Working capital. At the end of 2005, OMX had a working capital surplus of SEK 292 million and at the end of 2006, the surplus amounted to SEK 253 million, equal to 0.84 months of revenue compared to 1.12 months in 2005. At September 30, 2006, the working capital surplus was SEK 310 million and at September 30, 2007, the working capital surplus was SEK 347 million.