Parent company cash flow statement (FAS)
MEUR 1 Jan–31 Dec 2015 1 Jan–31 Dec 2014
Operating activities
Profit for the period -70.1 -36.4
Adjustments:
Depreciation and write-downs 1.1 0.9
Capital gains (losses) on the sale of fixed assets and other investments -0.0
Financial income and expenses 75.0 39.3
Taxes 0.9 0.9
Change in provisions 0.0 -0.2
Other adjustments -14.2 -9.6
Change in working capital:
Increase (-)/decrease (+) in current non-interest-bearing receivables -0.6 1.7
Increase (+)/decrease (-) in current non-interest-bearing liabilities 8.6 8.7
Dividend received 9.4 5.6
Interest received 0.3 0.9
Interest paid -0.4 -0.7
Taxes paid 0.1 -2.6
Cash flow from operating activities 10.2 8.4
Investments
Acquisitions of tangible and intangible assets -0.6 -0.7
Other investments -0.0 -0.0
Proceeds from sale of other investments 0.9 0.0
Change in loan receivables -0.5
Repayment of loan receivables 0.0 0.7
Acquisition of subsidiaries and business operations -28.5 -0.0
Proceeds from sale of subsidiaries 2.1 12.2
Acquisition and sale of associated companies -0.3 -0.4
Net cash flows from/(used in) investing activities -26.5 11.2
Cash flow before financing activities -16.3 19.6
Financing activities
Non-current loans taken 6.5
Current loans taken 45.0 152.5
Repayment of current loans -37.0 -180.5
Change in interest-bearing receivables 6.3 8.6
Paid and received group contributions 10.5
Dividends paid and repayment of capital -9.1 -7.5
Net cash flows from/(used in) financing activities 15.7 -20.5
Change in cash and cash equivalent funds (increase +/decrease -) -0.5 -0.9
Cash and cash equivalents at beginning of period 5.9 6.8
Cash and cash equivalents at end of period 5.4 5.9