Parent Company's Cash Flow Statement (FAS)

 € 000

1 Jan–31 Dec 2014

1 Jan–31 Dec 2013

     

Cash flow from operations:

   

Net profit

1,774 -1,851

Adjustments to net profit

-905 2,721

Change in working capital

-836 -201

Interest paid

-420 -536

Interest income

0 0

Taxes paid

-192 -820

Net cash flow from operations

-578 -687
     

Cash flow from investments:

   

Purchase of tangible and intangible assets

-314 -404

Acquisition of subsidiary, net of cash acquired

- -

Cash flow from investments

-314 -404
     

Cash flow from financing:

   

Proceeds from share issue

- -

Acquisition of own shares

-183 -

Repayment of current loans

0 -10,500

Repayments of non-current loans

-4,797 -9,500

Withdrawals of current loans

3,000 6,000

Withdrawals of non-current loans

1,297 12,000
Group financing items (¹ 3,591 2,729

Dividends paid and other profit distribution

-2,077 -2,040

Cash flow from financing

830 -1,311

   

Change in liquid assets

-61 -2,402

 

   

Liquid assets at beginning of period

1,720 4,122

Change in liquid assets

-61 -2,402

Liquid assets at end of period

1,659 1,720
(¹ Group financing items comprise changes in loans and receivables between the parent company and its subsidiaries.