Vectron Systems AG

Vectron Systems AG
Cash flow statement
Source: CBS Research AG, Vectron AG
www.cbseydlerresearch.ag
HGB EUR 1,000 2007 2008 2009E 2010E 2011E
Profit/loss on ordinary activities 3,004 2,559 55 1,336 1,943
Tax expenses/income
Cash taxes paid/received
Depreciation and amortization
Other non cash items
Change in accruals
Extraordinary items
Gains/Losses from disposal of assets
2,041 1,164 124 605 944
-146 -2,659 -586 -504 -786
1,351 1,385 1,361 1,342 1,304
167 -36.752 0 0 0
246 -274 0 182 102
-408 -49 0 0 0
0 0 0 0 0
"Cash flow" 6,255 2,089 954 2,960 3,507
Increase/decrease in inventories, trade receivables,
and other assets
Increase/decrease in trade accounts payable and
other liabilities
-1,919 -68 532 -284 -498
-52 -136 84 145 125
Cash flow from operating activities 4,284 1,885 1,570 2,821 3,134
Net cash outflows from the purchase and retirement
of PP&E and intangible assets
Net cash outflows from the purchase and sale of
consolidated companies
Purchases of short-term investments
Sales and maturities on short-term 2,365
-648 -707 -1,111 -840 -774
-500 25 0 0 0
-2,365 0 0 0 0
Cash flow from investing activities -3,513 1,683 -1,111 -840 -774
Cash inflow from capital stock increases
Dividends paid
Proceeds from undisclosed partnership
Proceeds from jouissance rigt capital
Net borrowings/retirements of financial debt
5,600 0 0 0 0
-800 -2,400 -2,100 0 -1,069
0 0 0 0 0
0 2,000 0 0 0
-2,213 -21 0 0 0
Cash flow from financing activities 2,587 -421 -2,100 0 -1,069
Total change in cash and cash equivalents 3,357 3,146 -1,642 1,980 1,291
Cash and cash equivalents at the start of the period
1,135 4,493 7,639 5,997 7,977
Cash and cash equivalents at the end of the period 4,493 7,639 5,997 7,977 9,269
Close Brothers Seydler Research AG | 32