Annual Report and Financial Statements 2007 - Finnlines

CONSOLIDATED CASH FLOW STATEMENT, IFRS
EUR 1 000 Note * 1 Jan–31 Dec 2007 1 Jan–31 Dec 2006
Cash fl ow from operations
Profi t for reporting period 34 393 56 477
Adjustments:
Non-cash transactions 30 39 561 13 913
Financial income and expenses 28 937 10 743
Taxes
Changes in working capital:
5 725 9 989
Change in accounts receivable and other receivables 66 4 525
Change in current assets -1 496 1 228
Change in accounts payable and other liabilities 11 766 -11 646
Change in provisions 197 -2 096
Interest paid -20 988 -11 473
Interest received 1 397 2 008
Taxes paid -1 087 7 174
Other fi nancing items -3 948 -588
Net cash fl ow from operating activities 94 524 80 255
Cash fl ow from investing activities
Acquisition of subsidiaries -1 727
Sale of subsidiaries 35 708
Investments in tangible and intangible assets -392 780 -231 744
Sale of tangible assets 30 819 1 625
Disposal of associated companies 200
Proceed sale of investments 243
Reduction in share capital, minority interest -598
Dividends received 16 34
Net cash used in investing activities -362 099 -196 104
Cash fl ow from fi nancing activities
Proceeds from issue of shares 289
Borrowing 309 307 202 881
Net increase in current interest-bearing liabilities 79 907 -27 816
Repayment of loans -96 440 -59 394
Increase / decrease in long-term receivables 770 2 190
Dividends paid -17 483 -12 600
Net cash fl ow used in fi nancing activities 276 062 105 550
Change in cash and cash equivalents 8 487 -10 299
Cash and cash equivalents on 1 January 18 436 28 735
Effect of foreign exchange rate changes -10
Cash and cash equivalents on 31 December 26 913 18 436
* Notes from page 30.
FINNLINES 2007
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