Parent Company's Cash Flow Statement

Parent Company's Cash Flow Statement (FAS)

 € 000

1 Jan–31 Dec 2016

1 Jan–31 Dec 2015

     

Cash flow from operations:

   

Net profit before taxes

2,297 2,772

Adjustments to net profit

-1,730 -1,085

Change in working capital

1,455 803

Interest paid

-352 -300

Interest income

0 38

Taxes paid

-716 -201

Net cash flow from operations

955 2,026
     

Cash flow from investments:

   

Purchase of tangible and intangible assets

-1,673 -134

Acquisition of subsidiary, net of cash acquired

-2,099 -868

Cash flow from investments

-3,771 -1,002
     

Cash flow from financing:

   

Acquisition of treasury shares

0 -386

Repayments of current loans

-13,000 0

Repayments of non-current loans

0 -3,000

Withdrawals of current loans

4,000 0

Withdrawals of non-current loans

9,000 0
Group financing items* 3,000 4,813

Dividends paid and other profit distribution

-1,855 -1,039

Cash flow from financing

1,145 388
 
   

Change in liquid assets

-1,672 1,413

 

   

Liquid assets at beginning of period

3,072 1,659

Change in liquid assets

-1,672 1,413

Liquid assets at end of period

1,399 3,072
Group financing items comprise changes in loans and receivables between the parent company and its subsidiaries.