Let G = Z(p) be a cyclic group of prime order p with a representation G -->
GL(V) over a field K of characteristic p. In 1976, Almkvist and Fossum gav
e formulas for the decomposition of the symmetric powers of V in the case t
hat V is indecomposable. From these they derived formulas for the Hilbert s
eries of the invariant ring K[V](G). Following Almkvist and Fossum in broad
outline, we start by giving a shorter, self-contained proof of their resul
ts. We extend their work to modules which are not necessarily indecomposabl
e. We also obtain formulas which give generating functions encoding the dec
ompositions of all symmetric powers of V into indecomposables. Our results
generalize to groups of the type Z(p) x H with \H\ coprime to p. Moreover,
we prove that for any finite group G whose order is divisible by p but not
by p(2), the invariant ring K[V](G) is generated by homogeneous invariants
of degrees at most dim(V) . (\G\ - 1).