Consolidated cash flow statement

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  NOTES 29, 30 2008 2007
Operating activities      
Profit/loss before tax   116,571 82,040
Adjustments for items not included in cash flow   26,139 23,392
Cash flow from operations   142,710 105,432
Income tax paid   -13,838 -7,250
Cash flow from operating activities before change in working capital   128,872 98,182
Increase/decrease accounts receivable   123,984 7,543
Increase/decrease other current receivables   -64,100 46,508
Increase/decrease accounts payable   -6,269 -34,988
Increase/decrease other current operating liabilities   16,274 -57,164
Cash flow from operating activities   198,761 60,081
Investing activities      
Investments in intangible non-current assets   -3,382 -859
Investments in property, plant, and equipment   -10,388 -7,404
Investments in financial non-current assets   -97 -
Sale of financial non-current assets   - 542
Acquisition of subsidiaries   -269,592 -592,830
Sale of subsidiaries   - -
Disposal of assets and liabilities   - -
Decrease in current financial investments   - -
Cash flow from investing activities   -283,459 -600,551
Financing activities      
New share issue   705 364,538
Borrowings   632,516 557,153
Amortisation of debt   -514,691 -390,000
Cash flow from financing activities   118,530 531,691
Year’s cash flow from continuing operation   33,832 -8,779
Year’s cash flow from discontinued operation’s operating activities   - 3,114
Year’s cash flow from discontinued operation’s investing activities   52,377 -806
Year’s cash flow from discontinued operation   52,377 2,308
Cash and cash equivalents at year’s start   82,035 88,925
Exchange difference in cash and cash equivalents   1,443 -419
Cash and cash equivalents at year’s end   169,687 82,035

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  • Introduction
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