Parent Company's Cash Flow Statement (FAS)

€ 000

1 Jan–31 Dec 2010

1 Jan–31 Dec 2009

 

 

 

Cash flow from operations:

 

 

Net profit

2,946

3,927

Adjustments to net profit

-2,448

-3,159

Change in working capital

4,711

7,627

Interest paid

-621
-1,758

Interest received

11
83

Income tax paid

-1,495
-2,422

Net cash flow from operating activities

3,104
4,298
     

Cash flow from investments:

 

 

Purchase of tangible and intangible assets

-46
-16

Acquisition of subsidiary, net of cash acquired

-
-

Cash flow from investments

-46
-16

 

   

Cash flow from financing:

   

Proceeds from share issue

79
-

Acquisition of own shares

-
-33

Repayment of current term loans

-4,000
-57,000

Repayments of non-current loans

-1,000
-18,000

Withdrawals of current loans

-
4,000

Withdrawals of non-current loans

-
38,000
Group financing items *
4,537 37,580

Dividends paid and other profit distribution

-2,885
-1,025

Cash flow from financing

-3,269
3,522

 

   

Change in liquid assets

-211
7,805

 

   

Liquid assets at beginning of period

8,345
540

Change in liquid assets

-211
7,805

Liquid assets at end of period

8,135
8,345
     

* Group financing items comprise changes in loans and receivables between the parent company and its subsidiaries.