Consolidated cash flow statement
(EUR million)
2016 2015
Profit/Loss for the period -3.6 1.8
Adjustments 62.0 76.3
Cash flow before change in net working capital 58.4 78.1
Change in net working capital 26.9 0.8
Other changes -5.6 -3.0
Interest paid -9.8 -10.0
Other financial expenses paid -4.7 -8.4
Interest received 2.0 2.1
Other financial income received 4.4 6.8
Dividends received 1.3 1.0
Income taxes paid -2.0 -0.6
Cash flow from operating activities (A) 70.9 66.8
Total investments -56.6 -51.2
Total sales of assets 2.4 13.5
Acquisition of subsidiary, net of cash acquired - -5.4
Disposal of subsidiary, net of cash 0.1 0.0
Loan receivables, borrowings and repayments 0.2 1.3
Cash flow from investing activities (B) -53.9 -41.8
Increase in other reserves 0.0 0.1
Proceed from external borrowings 57.6 62.8
Repayment of external borrowings -69.1 -67.2
Payment of finance lease liabilities -0.7 -
Dividends paid -8.2 -26.7
Cash flow from financing activities (C) -20.6 -31.0
Net cash flow (A+B+C) -3.5 -6.0
Cash and cash equivalents, end balance 6.6 9.5
Cash and cash equivalents, opening balance 9.5 16.4
Effect of changes in exchange rates 0.7 -1.0
Change -3.5 -6.0
The notes 1–30 form an integral part of the consolidated financial statements.