Parent company cash flow statement
(EUR 1 000)
2017 2016
EBIT -19 710 -15 094
Adjustments to EBIT 1 862 1 245
Depreciation and impairment 879 441
Change in provisions 9 -87
Change in net working capital 1 325 961
Interest income and expenses 4 791 7 113
Dividends received 6 170 16 153
Taxes -32 -30
Cash flow from operating activities -4 706 10 702
Purchases of shares in subsidiary -81 941 -
Purchase of other fixed assets -3 541 -3 636
Disposals of other fixed assets 2 478 -
Repayments of loans receivable -3 245 30 844
Cash flow from investing activities -86 249 27 208
Cash flow before financing activities -90 955 37 910
Proceed from external borrowings 256 762 57 613
Repayment of external borrowings -116 524 -91 036
Dividends paid -8 636 -7 562
Cash flow from financing activities 131 602 -40 985
Change in cash and cash equivalents 40 647 -3 075
Cash and cash equivalents on 1 Jan. 3 740 6 815
Cash and cash equivalents on 31 Dec. 44 387 3 740
CHANGE IN WORKING CAPITAL:
Increase (-) / decrease (+) in current operating receivables -165 -376
Increase (+) / decrease (-) in current non-interest-bearing liabilities 1 491 1 337
Total 1 325 961