Parent company cash flow statement (FAS)
MEUR 1 Jan–31 Dec 2014 1 Jan–31 Dec 2013
Operating activities
Profit for the period -36.4 -76.6
Adjustments:
Depreciation and write-downs 0.9 0.9
Capital gains (losses) on the sale of fixed assets and other investments 0.0 -8.8
Financial income and expenses 39.3 81.9
Taxes 0.9 2.5
Change in provisions -0.2
Other adjustments -9.6 -2.5
Change in working capital:
Increase (-)/decrease (+) in current non-interest-bearing receivables 1.7 -3.1
Increase (+)/decrease (-) in current non-interest-bearing liabilities 8.7 -10.1
Dividend received 5.6 11.2
Interest received 0.9 1.1
Interest paid -0.7 -0.9
Taxes paid -2.6 -0.0
Cash flow from operating activities 8.4 -4.2
Investments
Acquisitions of tangible and intangible assets -0.7 -2.7
Proceeds from sale of tangible and intangible assets
Other investments 0.0 0.0
Proceeds from sale of other investments 0.0 0.1
Change in loan receivables -0.5 -0.8
Repayment of loan receivables 0.7 0.4
Acquisition of subsidiaries and business operations 0.0 -2.7
Proceeds from sale of subsidiaries 12.2 12.4
Acquisition and sale of associated companies -0.4 0.0
Net cash flows from/(used in) investing activities 11.2 6.6
Cash flow before financing activities 19.6 2.4
Financing activities
Current loans taken 6.5
Current loans taken 152.5 143.5
Repayment of current loans -180.5 -160.5
Change in interest-bearing receivables 8.6 12.9
Paid and received group contributions 8.7
Dividends paid and repayment of capital -7.5 -7.5
Net cash flows from/(used in) financing activities -20.5 -3.0
Change in cash and cash equivalent funds (increase +/decrease -) -0.9 -0.6
Cash and cash equivalents at beginning of period 6.8 7.4
Cash and cash equivalents at end of period 5.9 6.8

Annual Review 2014

Financial Statements 2014

More information