Consolidated cash flow statement

EUR 1,000 Note 31.12.2016 31.12.2015





Cash flow from operating activities


Result for the period
-6,256 237
Adjustments for:



Depreciation, amortisation and impairment losses
895 991

Employee benefits
195 476

Impairment of receivables 7 11,143 1,779

Unrealised exchange gains and losses
-1,115 -2,491

Other financial income and expenses
-5,212 3,518

Income taxes
635 7,574

Gains and losses on disposal of intangibles and tangibles
-77 18
Changes in working capital:



Change in trade and other receivables
452 6,278

Change in inventories
-340 -7

Change in trade payables and other liabilities
3,404 -3,334
Interest paid
-27 -414
Interest received
125 33
Income taxes paid
-5,017 -7,797
Net cash flow from operating activities
-1,194 6,862





Cash flow from investments


Investments intangible assets
-16 -399
Investments in property, plant and equipment
-281 -232
Proceeds from disposal of intangible and tangible assets
588 5
Proceeds from disposal of other securities

76
Interest received from investments


Net cash flow from investments
292 -549





Cash flow from financing activities


Proceeds from borrowings
2,140 2,900
Repayments of borrowings
-1,740 -2,900
Finance lease liabilities, repayments and interest

-22
Changes in credit facilities in use
-215 -821
The other financing expenses
-2,240 -1,256
Net cash flow from financing activities
-2,054 -2,099










Change in cash and cash equivalents
-2,957 4,214
Cash and cash equivalents at beginning of period
6,433 2,536
Change in foreign exchange rates
27 -317
Cash and cash equivalents at end of period 19 3,503 6,433