Separate statement of cash flows

Scroll To Down

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