Statement of cash flows

Cash flow from operating activities

Net result

4,660

2,595

Adjustments for:

Depreciations

955

526

Result from participations

(1,556)

(1,589)

Interest income and expenses

96

49

Movements in working capital and provisions:

0

Movement in deferred tax assets

1,251

969

Movement in receivables

31

683

Movement in provisions

303

415

Movement in current liabilities

1,435

3,569

7,175

7,217

Interest paid

(96)

(49)

Cash flow from operating activities

7,079

7,168

Cash flow from investment activities

Investments in tangible fixed assets

(378)

(152)

Investments in intangible fixed assets

(328)

(247)

Dividends received

347

380

Cash flow from investment activities

(359)

(19)

Cash flow from financing activities

Dividends paid

-

(2,700)

Cash flow from financing activities

-

(2,700)

Net cash flow

6,720

4,449

Cash and cash equivalents as at 1 January

21,203

16,754

Increase/(decrease) in cash and cash equivalents

6,720

4,449