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INA Group ConsolidatedCash Flow StatementFor the year ended 31 December 2007 (all amounts in HRK millions)Notes 2007 2006Profit for the year 871 884Adjustments for:Depreciation and amortisation 1,302 964Income tax expense recognized in profit 262 221Impairment charges (net) 381 500Gain on sale of property, plant and equipment (9) (9)Gain on sale of shares or stakes (17) -Foreign exchange gain (402) (186)Interest expense (net) 333 202Other finance income/(expense) recognised in profit 45 (42)Change in provision for charges and risks and other non-cash items (130) (136)2,636 2,398Movements in working capital(Increase)/decrease in inventories (448) 484Increase in receivables and prepayments (479) (487)Increase/(decrease) in trade and other payables 860 (314)Increase/(decrease) in provisions 15 (147)Cash generated from operations 2,584 1,934Taxes paid (168) (505)Net cash inflow from operating activities 2,416 1,429Cash flows used in investing activitiesPayments for property, plant and equipment (2,354) (2,679)Payments for intangible assets (274) (393)Proceeds from sale of non-current assets 13 20Acquisition of investments in associates and joint ventures and other companies (279) (2)Dividends received from companies classified as available for sale and from other companies 2 3Investments and loans to third parties, net 8 26Net cash used for investing activities (2,884) (3,025)86 Financial report