CONSOLIDATED CASH FLOW STATEMENT (1 000 €) | 1.1.-31.12.2014 | 1.1.-31.12.2013 | ||||
Cash flow from operating activities | ||||||
Operating profit | 90,378 | 70,595 | ||||
Adjustments to operating profit 1) | 97,320 | 90,885 | ||||
Changes in net working capital | 12,588 | -29,812 | ||||
Interest received | 2,929 | 2,959 | ||||
Interest paid and payments for other financial expenses | -5,116 | -3,121 | ||||
Dividends received | 15 | 240 | ||||
Income taxes paid | -2,726 | -1,997 | ||||
Net cash from operating activities | 195,387 | 129,748 | ||||
Cash flow from investing activities | ||||||
Capital expenditure on fixed assets | -125,884 | -157,222 | ||||
Disposal of fixed assets | 30,620 | 85,973 | ||||
Subsidiaries/business operations sold | 0 | 15,944 | ||||
Change in other long-term investments | -4,294 | -21,011 | ||||
Change in long-term receivables | 256 | 5,059 | ||||
Net cash from investing activities | -99,302 | -71,257 | ||||
Cash flow from financing activities | 96,085 | 58,492 | ||||
Cash flow from financing activities | ||||||
Change in long-term liabilities | -303 | 0 | ||||
Change in short-term liabilities | -88 | -171 | ||||
Dividends paid | -30,000 | 0 | ||||
Net cash from financing activities | -30,392 | -171 | ||||
Change in cash and cash equivalents | 65,693 | 58,321 | ||||
Cash and cash equivalents 1.1. | 265,303 | 206,982 | ||||
Cash and cash equivalents 31.12. | 330,996 | 265,303 | ||||
1) Planned depreciations, other non-cash flow items and items showed elsewhere in cash flow. |