Annual Report 2009 - Toyota Financial Services

Annual Report 2009CASH FLOW STATEMENTYear ended 31 March20092008CZK’000CZK’000Cash flows from operating activitiesNET PROFIT ON ORDINARY ACTIVITIES BEFORE TAX 12,50646,826A.1 Adjustments for non-cash movements:A.1.1 Depreciation of fixed assets 357,664474,390A.1.2 Change in provisions (5,872)1,411A.1.3 Profit / (loss) from disposal of fixed assets (1,673)(3,549)A.1.5 Net interest expense 39,68338,255A.* Net cash flow from ordinary activities before tax, changesin working capital and extraordinary items 402,308 557,333A.2 Working capital changes:A.2.1 Increase in receivables and prepayments (135,079)(114,701)A.2.2 Decrease in short-term payables and accruals (217,870)(52,153)A.2.3 Increase in inventories 158(112)A.** Net cash flow from ordinary activities before tax 49,517390,367A.3 Interest paid (52,884) (48,038)A.4 Interest received 14,14510,832A.5 Tax on ordinary activities and additional tax paid for previous periods (7,778)0A.*** Net cash flow from ordinary activities 3,000353,161Cash flows from investing activitiesB.1 Acquisition of fixed assets (143,293)(479,270)B.2 Proceeds from sale of fixed assets 73,20896,662B.*** Net cash flow from investing activities (70,085)(382,608)Cash flows from financing activitiesC.1 Change in long and short-term liabilities 127,2891,669C.*** Net cash flow from financing activity 127,2891,669Net (decrease) / increase in cash and cash equivalents 60,204(27,778)Cash and cash equivalents at the beginning of the year 12,14539,923Cash and cash equivalents at the end of the year 72,34912,14533