Consolidated cash flow statement
2014
in thousand € | 2014 | 2013 |
---|---|---|
Cash flow from operating activities | ||
Profit before taxes | 22,743 | 11,568 |
Income tax paid | (7,143) | (8,722) |
Depreciation and impairments | 8,242 | 9,988 |
Release employee stock options | (439) | (101) |
Movements in: | ||
– Stocks | 2,068 | 5,163 |
– Debtors | (347) | 2,942 |
– Provisions | (1,427) | 2,678 |
– Short-term liabilities | 10,574 | (1,497) |
– Short-term investment liabilities | (1,701) | - |
– Other | 42 | 153 |
32,612 | 22,172 | |
Cash flow from investing activities | ||
Additions to (in)tangible fixed assets | (13,211) | (5,439) |
Short-term investment liabilities | 1,701 | - |
Disposals of (in)tangible fixed assets | 1,004 | 806 |
Changes in long-term accounts receivable | 6 | 251 |
(10,500) | (4,382) | |
Cash flow from financing activities | ||
Repayment of loan | (1,000) | (2,000) |
Share reissuance | 1,851 | 846 |
Dividend paid | (7,659) | (6,954) |
(6,808) | (8,108) | |
Change in net cash and cash equivalents | 15,304 | 9,682 |
Cash and cash equivalents at the end of the financial year | 20,883 | 9,554 |
Current bank overdraft not including repayment obligations at the end of the financial year | - | (3,975) |
Net cash and cash equivalents at the end of the financial year | 20,883 | 5,579 |
Cash and cash equivalents at the beginning of the financial year | 9,554 | 5,224 |
Current bank overdraft not including repayment obligations at the beginning of the financial year | (3,975) | (9,327) |
Net cash and cash equivalents at the beginning of the financial year | 5,579 | (4,103) |
Change in net cash and cash equivalents | 15,304 | 9,682 |