SEPARATE STATEMENT OF CASH FLOWS
in PLN thousand | Note | For the year ended 31 December 2017 | For the year ended 31 December 2016 |
current period | previous period (transforemed data) |
||
A.Cash flows from operating activities | |||
I.Profit before tax for the period | 117 908 | 164 952 | |
II.Adjustments | |||
1. Depreciation and amortization | 4 | 102 290 | 108 277 |
2. Changes in debt allowances | 447 | 2 922 | |
3. (Profit)/loss on disposal of property, plant and equipment | (2 377) | 68 | |
4. Interest and dividends | (33 143) | (79 145) | |
5. Other adjustments | 30d | (228) | 6 540 |
III.Cash from operating activities before changes in working capital | 184 897 | 203 614 | |
1. Change in receivables | 30a | 950 | 7 677 |
2. Change in inventories | (4 140) | 31 131 | |
3. Change in short-term and other liabilities, except for loans and borrowings | 30b | 11 401 | 1 797 |
4. Change in employee benefits | 96 | (12 544) | |
IV.Net cash flows from operating activities | 193 204 | 231 675 | |
1.Income tax received/(paid) | 966 | (1 819) | |
V.Net cash from operating activities | 194 170 | 229 856 | |
B.Cash flows from investing activities | |||
I.Investment inflows | 44 387 | 82 178 | |
1. Proceeds from disposal of intangible and tangible fixed assets | 9 173 | 937 | |
2. Dividends received | 35 214 | 81 241 | |
II.Investment outflows | (65 603) | (121 872) | |
1. Purchases of intangible assets and property, plant and equipment | 30c | (65 603) | (121 872) |
III.Net cash used in investing activities | (21 216) | (39 694) | |
C.Cash flows from financing activities | |||
I.Financial inflows | 1 941 | - | |
1. Grants received | 1 941 | - | |
II.Financial outflows | (124 928) | (187 345) | |
1. Dividends and other payments to shareholders | 23d | (93 042) | (93 125) |
2. Repayment of loans and borrowings | (24 750) | (91 573) | |
3. Interest paid | (2 058) | (2 559) | |
4. Lease payments | (78) | (88) | |
III.Net cash from financing activities | (122 987) | (187 345) | |
D. Total net cash flows | 49 967 | 2 817 | |
E.Net change in cash and cash equivalents | 49 967 | 2 817 | |
F.Cash, cash equivalents and cash-pool at the beginning of the period | 21 | 80 092 | 77 275 |
G.Cash, cash equivalents and cash-pool at the end of the period | 21 | 130 059 | 80 092 |