Annual Report 2002 - Fiskars Corporation

Parent Company Statement of Cash Flows452002 2001M€ M€Cash flows from operating activitiesNet profit before taxationDepreciationReversal of items recorded on anaccrual basis (32)Cash generated before working capital changesChange in current receivablesChange in stocksChange in current non-interest bearing debtCash generated from operationsFinancial income items receivedDividends receivedFinancial expense items paidTaxes paidGroup contributionsNet cash flow from operating activities91.71.2–67.125.8–41.10.0–0.3–15.621.742.1–16.3–17.11.416.186.71.2–60.627.219.90.00.047.248.730.2–40.9–10.71.475.8Cash flows from investing activitiesInvestmentsPurchase of tangible and intangible assetsProceeds from disposal of investmentsProceeds from sale of equipmentNet cash flow from investmentsCash flow after investments–24.5–1.20.90.0–24.7–8.6–15.2–1.063.90.047.8123.6Cash flows from financing activitiesChange in non-current debtChange in current interest bearing debtChange in current receivablesChange in non-current receivablesDividends paidNet cash flows from financing activitiesChange in cashCash at beginning of yearCash at end of year–39.6–77.6128.827.3–16.822.013.43.316.7–138.3–22.552.70.0–16.8–124.9–1.34.53.3