
F-310
Consolidated Cash Flow Statement for the Year 2008
2008
2007 *)
€ 1,000 € 1,000
€ 1,000 € 1,000
Cash flow from operating activities
Net (loss) income ................................
35,949
(1,101)
Adjustments ................................
26
20,218
(104)
Net cash (used in) by operating ac-
tivities before changes in working
capital, interest and taxes
56,167
(1,205)
Net change in current assets and liabili-
ties: 27
•
(Increase) in inventories
(26,565)
(5,298)
•
(Increase) in trade receivables and
related accounts
................................
(31,049)
(7,893)
•
(Increase) in advances and pro-
gress payments
................................
(3,703)
(1,130)
•
Increase in customers' deposits
and advances................................
53,529
20,374
•
Increase/(decrease) in trade pay-
ables and related accounts
21,275
(7,115)
•
Decrease in other current assets
and liabilities, net (excluding
financing)................................
(1,854)
5,248
Cash provided by/(used in) operating
activities before interest and taxes
67,800
2,981
Interest received ................................
988
104
Interest paid................................
(2,065)
(1,988)
Taxes recovered/(paid)
...............................
(1,905)
2,265
Net cash provided by/(used in) oper-
ating activities, continuing opera-
tions ................................
...........................
64,818
3,362
Net cash provided by/(used in) operat-
ing activities, discontinued operations
5
(7,994)
4,971
Net cash provided by/(used in) oper-
ating activities (carried forward)
56,824
8,333
*) See discontinued operation in note 5
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