AMPER, SA and Subsidiaries Consolidated Financial Statements for ...

AMPER, S.A. AND SUBSIDIARIES
CONSOLIDATED CASH FLOW STATEMENTS FOR THE YEARS ENDED 31 DECEMBER
2011 AND 2010
(Thousand of Euros)
2011 2010
Profit before tax 187 (21,529)
Depreciation and amortisation charge(Note 18) 10,723 6,454
Changes in long-term provisions 143 2,195
Results from companies consolidated by equity method --- (114)
Other changes (538) (295)
Corporate income tax payments (4,178) (1,998)
Impairment write-down --- 2,501
Dividends received from associates (Note 7) 4,510 ---
Cash flows from operating activities before changes in operational working
capital 10,847 (12,786)
Changes in inventories 14,225 (427)
Changes in receivables 2,089 3,559
Change in trade and other payables (9,382) (3,779)
Changes in tax liabilities --- 835
TOTAL CASH FLOWS FROM OPERATING ACTIVITIES 17,779 (12,598)
Payments:
- Intangible assets
- Fixed tangible assets
(7,715)
(1,205)
(4,400)
(1,273)
- Non-current financial assets (5,157) (381)
- Other financial assets (883) (2,562)
Total Payments (14,960) (8,616)
TOTAL CASH FLOWS FROM INVESTING ACTIVITIES (14,960) (8,616)
Other expenses/payments from financing activities --- (3,114)
Financial debt (Note 13) 3,430 32,443
Financial debt repayment (Note 13) --- (17,513)
Dividends paid to non-controlling interests (Note 12) (7,084) (2,653)
Purchase of net equity instruments --- (35)
TOTAL CASH FLOWS FROM FINANCING ACTIVITIES (3,654) 9,128
Effect of foreign exchange rate changes on foreign subsidiary cash (676) 1,358
Net change in cash and cash equivalents (1,511) (10,728)
Cash purchased in business combinations (Note 4) 8.430 ---
Beginning balance of cash and cash equivalents 53,857 64,585
Ending balance of cash and cash equivalents 60,776 53,857
The Notes 1 to 27 of the attached Consolidated Annual Report are an integral part of the consolidated cash
flow statement for 2011.
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