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Annual report - Viscofan

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VISCOFAN 2006 ANNUAL REPORT<strong>Viscofan</strong>, S.A.APPENDIX IIISource and Application of Funds (for the years ended 31 December 2006 and 2005)(In thousands of Euros)Applications 2006 2005Acquisitions of fixed assetsIntangible assets 1,530 1,527Tangible assetss 3,853 5,077Investments 2,004 9,327Deferred expenses 1 3Write-down of revaluation reserve on disposal of fixed assets 2 1Share capital reduction - 2,924Dividends 8,980 8,654Provision for own shares 3,307 339Disposal of own shares 27 -Cancellation or transfer to short term of long-term debt 4,403 8,015Disposal or adjustment to the value of emission rights 1,106 -Total applications 25,213 35,867Increase in working capital 9,045 -34,258 35,867This Appendix forms an integral part of note 25 to the annual accounts for 2006, in conjunction with which it should be read.176

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