Page 80 - Restamax Plc Annual Report 2017

GROUP CASH FLOW STATEMENT (IFRS)

EUR thousand 2017 2016
Operating cash flow
Profit for the financial period 5,491.6 5,864.4
Adjustments:
Non-cash transactions -190.6 -432.9
Depreciations, amortisations and impairment 11,637.4 10,400.9
Financial expenses (net) 2,810.3 952.8
Taxes 2,533.1 2,029.5
Share of profits or losses of associated company -68.3 151.2
Cash flow before change in working capital 22,213.6 18,965.9
Käyttöpääoman muutokset:
Increase (-)/deduction (+) in accounts receivable and other receivables -4,356.2 -3,275.1
Increase (-)/deduction (+) in inventories -378.4 -34.5
Increase (+)/deduction (-) in accounts payable and other liabilities 4,488.3 1,506.4
Changes in working capital: -246.3 -1,803.2
Dividends received 3.4 0.0
Interest paid and other financial costs -1,033.5 -1,021.4
Interest received 46.6 67.3
Taxes paid -3,178.8 -2,687.0
Operating net cash flow 17,804.9 13,521.6
Investment cash flow
Sales of available-for-sale financial assets 9.0 0.0
Investments in tangible and intangible assets (-) -11,152.3 -7,193.0
Deduction (+)/increase (-) of non-current loans receivable -110.7 94.7
Acquisition of subsidiaries with time-of-acquisition liquid assets deducted -7,226.7 -1,364.3
Sales of subsidiaries with time-of-acquisition liquid assets deducted 92.6 0.0
Business transactions, acquisitions (-) -3,526.9 -1,507.7
Business transactions, sales (+) 126.4 126.8
Acquisition of the shares of minority shareholders (-) -1,156.0 -110.0
Sales of the shares of minority shareholders (+) 0.0 0.5
Associated company shares purchased -1,690.8 0.0
Investment net cash flow -24,635.5 -9,952.9
Financial cash flow
Non-current loans drawn (+) 19,135.0 21,740.0
Non-current loans repaid (-) -6,589.5 -19,791.7
Current loans drawn (+)/repaid (-) 1,030.1 -1,207.1
Dividends paid -6,046.1 -4,573.9
Finance net cash flow 7,529.5 -3,832.7
Change in liquid assets 698.9 -264.1
Liquid assets 1 Jan 1,871.1 2,135.1
Liquid assets 31 Dec 2,570.0 1,871.1
Change 698.9 -264.1

The notes on pages 81–128 are a material part of the financial statements.

80