REPOWER

Consolidated cash flow statement

Consolidated cash flow statement
    1.1.-30.06.2014 1.1.-30.06.2013
    unaudited unaudited
  Note    
Operating activities      
Group profit including minority interests   3,651 29,357
Depreciation/amortisation and impairment   25,090 27,972
Own costs capitalised   -3,684 -6,827
Change in pension provisions   -2,777 -3,251
Change in other long term provisions   -170 -953
Compound interest from non-current liabilities   434 676
Share of results of associates and partner plants   3,043 128
Other income and expenses not affecting cash   5,692 -9,087
Change in deferred taxes   -5,226 -3
Dividends from associates and partner plants   443 450
Change in net-current assets 6 19,236 -8,133
       
Cash flow from operating activities   45,732 30,329
       
       
Investing activities      
Additions of tangible assets 10 -6,809 -22,899
Sales of tangible assets   1,904 1,751
Additions of intangible assets 10 -1,050 -1,525
Additions of investments in associates and partner plants   - -1,389
Granting of active loans   -3,500 -
Repayments of non current financial assets   596 22,783
       
Cash flow from investing activities   -8,859 -1,279
  1.1.-30.06.2014 1.1.-30.06.2013
  unaudited unaudited
     
Financing activities    
Additions to financial liabilities - 5,094
Repayment of financial liabilities -12,527 -305
Dividend payments -7,618 -9,126
Sale of treasury shares 697 -
Purchase/sale of minority interests -185 -2,245
     
Cash flow from financing activities -19,633 -6,582
     
Translation differences -682 1,114
     
Change in cash and cash equivalents 16,558 23,582
Cash and cash equivalents at 1 January 273,064 261,018
     
Cash and cash equivalents at 30 June 289,622 284,600
     
Cash flow from operating activities covers:    
Interest received 1,275 1,176
Interest paid -4,077 -2,345
Income taxes paid -7,132 -7,931