Consolidated Cash Flow Statement (IFRS)

€ 000

1 Jan–31 Dec 2014

1 Jan–31 Dec 2013

 

   

Cash flow from operations:

   

Net profit

          2,850 -4,067

Adjustments to net profit

1,054           7,791

Change in working capital

-1,480 1,683

Interest paid

-420 -571

Interest income

0 0

Taxes paid

-123 19

Net cash flow from operations

1,881  4,855

 

   

Cash flow from investments:

   

Purchases of tangible and intangible assets

-1,185 -1,602

Cash flow from investments

-1,185  -1,602
     

Cash flow from financing:

   

Proceeds from share issue

- -

Acquisition of own shares

- -

Repayment of current loans

- -11,500

Repayments of non-current loans

-4,698  -9,500

Withdrawals of current loans

3,000  6,000

Withdrawals of non-current loans

1,758  12,000

Dividends paid and other profit distribution

-2,078 -2,082

Cash flow from financing

-2,018 -5,082

 

   

Change in liquid assets

-1,322 -1,829

   

Liquid assets at beginning of period

6,454 8,283

Change in liquid assets

-1,322  -1,829

Liquid assets at end of period

5,132 6,454