Consolidated statement of cash flows, IFRS

M €

Note

1-12/2015

1-12/2014

Cash flow from operating activities

   

Profit for the period

 

179.4

110.8

Adjustments

27

9.0

61.7

Change in net working capital

 

0.0

2.1

Interest paid

 

-42.4

-45.2

Interest received

 

0.6

1.0

Other financial items

 

-0.5

-0.2

Taxes paid

 

-24.8

-18.4

Net cash flow from operating activities

 

121.3

111.7

    

Cash flow from investing activities

   

Acquisition of investment properties

 

-230.9

-200.3

Acquisition of property, plant and equipment and intangible assets

 

-0.5

-0.3

Proceeds from sale of investment properties

 

15.4

26.4

Proceeds from sale of associated companies

 

0.0

0.6

Purchases of financial assets

 

-39.0

-13.2

Proceeds from sale of financial assets

 

53.7

11.7

Non-current loans, granted

 

-0.2

 

Repayments of non-current receivables

 

0.5

0.1

Interest and dividends received on investments

 

1.3

1.1

Net cash flow from investing activities

 

-199.8

-173.8

    

Cash flow from financing activities

   

Non-current loans, raised

 

195.9

124.2

Non-current loans, repayments

 

-134.2

-60.9

Current loans, raised

 

252.3

197.4

Current loans, repayments

 

-209.1

-198.1

Dividends paid

 

-22.2

-16.3

Net cash flow from financing activities

 

82.7

46.3

    

Change in cash and cash equivalents

 

4.2

-15.8

    

Cash and cash equivalents in the beginning of period

 

114.4

130.2

Cash and cash equivalents at the end of period

 

118.6

114.4

    

*) 31 Dec 2015 includes liquid assets related to Assets held for sale

 

 

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