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GB00_erste lage_E - Erste Group

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2000 CONSOLIDATED FIANCIAL STATEMENTS ACCORDING TO IAS<br />

in EUR million 2000 1999<br />

Proceeds from the sale of<br />

– Financial investments 1,091 2,464<br />

– Fixed assets<br />

Payments for the acquisition of<br />

99 136<br />

– Financial investments (1,980) (4,251)<br />

– Fixed assets<br />

Acquisition of subsidiaries<br />

(479) (245)<br />

(less acquired cash and cash equivalents) (332) 0<br />

Other effects (223) 95<br />

Cash flows from investing activities (1,824) (1,801)<br />

Capital increase 275 0<br />

Dividends paid (54) (51)<br />

Other financing activities 280 204<br />

Cash flows from financing activities 501 153<br />

Cash and cash equivalents at beginning of period 940 740<br />

Cash flow from operating activities 1,528 1,845<br />

Cash flow from investment activities (1,824) (1,801)<br />

Cash flow from financing activities 501 153<br />

Effect of changes in exchange rates 1 3<br />

Cash and cash equivalents at end of period 1,146 940<br />

70 <strong>Erste</strong> Bank 2000

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