Annual Report - VÚB banka

Consolidated cash flow statement
for the year ended 31 December 2007
(In millions of Slovak crowns)
Notes 2007 2006
Cash flows from operating activities
Profi t before changes in operating assets and liabilities 35 7,168 5,537
Loans and advances to banks 7,004 (909)
Financial assets held for trading (77) 106
Derivative fi nancial instruments (positive) 1,335 (538)
Available-for-sale fi nancial assets 70 (1,964)
Loans and advances to customers (38,221) (8,382)
Other assets 48 145
Deposits from central banks (1,225) 559
Deposits from other banks 5,089 (8,494)
Derivative fi nancial instruments (negative) (1,020) 18
Deposits from customers 26,355 15,707
Other liabilities 228 2
Net cash used in operating activities (414) (3,750)
16
Cash flows from investing activities
Purchase of held-to-maturity investments (9,451) (31,677)
Repayments of held-to-maturity investments 5,684 38,860
Purchase of property and equipment (727) (987)
Disposal of property and equipment 38 432
Acquisition of consolidated companies (299) (568)
Net cash (used in)/from investing activities (4,755) 6,060
Cash flows from financing activities
Proceeds from issue of debt securities 6,583 8,286
Repayments of debt securities (1,000) (750)
Dividends paid (2,816) (3,699)
Net cash from fi nancing activities 2,767 3,837
Net change in cash and cash equivalents 4,766 11,684
Cash and cash equivalents at beginning of the year 4 42,499 30,815
Cash and cash equivalents at end of the year 4 47,265 42,499
The accompanying notes on pages 17 to 65 form an integral part of these fi nancial statements.
Annual Report 2007