Parent company's cash flow statement, FAS

EUR million

1–12/2015

1–12/2014

Cash flow from operating activities

  

Profit before non-recurring items

129.1

2.7

Adjustments:

  

Depreciation according to plan and impairment

0.7

0.7

Financial income and expenses

-130.7

-4.1

Other adjustments

-0.3

0.0

Cash flow from operating activities before change in working capital

-1.2

-0.7

Change in working capital:

  

Change in sales receivables and other receivables

0.4

-0.7

Change in accounts payable and other liabilities

0.1

-0.1

Cash flow from operating activities before financial items, provisions and taxes

-0.8

-1.6

   

Interest paid and payments on other operational financial costs

-4.2

-2.8

Financial income from operating activities

0.8

0.8

Direct taxes paid

-6.9

-5.0

Cash flow from operating activities

-11.1

-8.5

   

Cash flow from investing activities

  

Investments in tangible and intangible assets

 

-0.2

Capital gains from the disposal of tangible and intangible assets

0.1

 

Capital gains on other investments

0.2

 

Long-term loans granted

-179.1

 

Repayments on long-term loan receivables

0.1

 

Subsidiary shares acquired *)

 

-1.0

Subsidiary shares divested *)

 

4.2

Participating interests divested

 

0.6

Capital gains from financial securities

4.1

 

Interest and dividends received on investments

133.1

6.2

Cash flow from investing activities

-41.6

9.8

   

Cash flow from financing activities

  

Repayments on long-term loans

-0.4

-0.4

Withdrawals of short-term loans

317.0

196.1

Repayments on short-term loans

-264.6

-200.2

Dividends paid

-22.2

-16.3

Group contributions received

25.0

16.7

Cash flow from financing activities

54.7

-4.1

   

Change in cash and cash equivalents

2.1

-2.9

   

Cash and cash equivalents at beginning of period

0.9

3.8

Cash and cash equivalents at end of period

3.0

0.9

   

*) Purchased and sold shares less cash at the time of acquisition.

 

 

© VVO Group plc 2015