Parent company’s cash flow statement

EUR 1,000 1.1.-31.12.2016 1.1.-31.12.2015




Cash flow from operating activities
Result before extraordinary items 1,332 3,204
Adjustments for:

Depreciations according to plan 411 474

Impairment of receivables 11,175 1,253
Unrealised exchange rate gains and losses -502 -4,530

Financial income and expenses -14,717 734

Other adjustments
116
Changes in working capital:

Current receivables, increase (-) /decrease (+) 681 4,191

Inventories, increase (-) /decrease (+) -340 -54

Current liabilities, increase (+) /decrease (-) 3,629 3,821
Interest paid -429 -41
Dividends received from operating activities 678 1,410
Interest received 58 1
Income taxes paid -3,794 -6,058
Net cash flow from operating activities -1,817 4,522




Cash flow from investments
Investments in intangible assets
-78
Investments in tangible assets -117 -87
Investments in subsidiaries' shares
-45
Cash flow from investments -117 -210




Cash flow from financiang activities
Borrowings received from financial institutions 1,400 2,900
Repayments of borrowings from financial institutions -1,000 -2,900
Borrowings received from Group companies 44 407
Changes in pledged cash deposits -215 -821
Interest and other financial items paid -196 -1,351
Cash flow from financiang activities 33 -1,765




Change in cash and cash equivalents -1,901 2,547
Cash and cash equivalents on 1 Jan 2,671 125
Cash and cash equivalents on 31 Dec 770 2,671