Consolidated Cash Flow Statement (IFRS)

€ 000

1/1/–31/12/2012

1/1/–31/12/2011

 

 

 

Cash flow from operations:

 

 

Net profit

4,024 -22,452

Adjustments to net profit

8,176 34,780

Change in working capital

8,072 2,791

Interest paid

-728

-781

Interest income

7 35

Taxes paid

395 -5,532

Net cash flow from operations

19,946 8,842

 

 

 

Cash flow from investments:

 

 

Purchases of tangible and intangible assets

-16,210

-2,733

Cash flow from investments

-16,210 -2 733

 

 

Cash flow from financing:

 

 

Proceeds from share issue

- -

Acquisition of own shares

- -

Repayment of current loans

-5,544 -19,044

Repayments of non-current loans

- -

Withdrawals of current loans

500 3,500

Withdrawals of non-current loans

3,500 13,500

Dividends paid and other profit distribution

-2,078 -5,577

Cash flow from financing

-3,623

-7,621

 

 

 

Change in liquid assets

113 -1,512

 

 

 

Liquid assets at beginning of period

8,170 9,682

Change in liquid assets

113 -1,512

Liquid assets at end of period

8,283 8,170