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  Cash flows (EUR million)
2005
2004
 
   
Parent company
Parent company
 
  Cash flows from operating activities
      Cash receipts from customers 130.9 137.5  
      Other income from business operations 0.0 0.1  
      Cash paid to suppliers and employees -101.1 -100.5  
      Cash flow from business operations before financial items and taxes 29.8 37.2  
      Interest received 1.2 -0.9  
      Interest paid 0.0 1.2  
      Other financial items, net 0.6 -5.2  
      Dividend received from business operations 3.3 32.2  
      Direct tax paid -5.7 0.0  
  Cash flow from business operations (A) 29.1 32.2  
 
  Cash flow from investing activities
      Investments in tangible and intangible assets -3.9 -3.2  
      Proceeds from sale of fixed assets 0.0 0.0  
      Loans granted -16.8 0.0  
      Other investments -0.6 0.0  
      Repayments on loan receivables 0.9 2.0  
      Proceeds from sale of other investments 0.0 0.0  
  Cash flow from investing activities (B) -20.5 -1.2  
 
  Cash flow from financing activities  
       Equity issue 9.3 0.0  
      Repayment of short-term loans 0.0 0.0  
      Withdrawal of long-term loans 0.0 0.2  
      Repayment of long-term loans -0.5 -1.0  
      Dividend paid and other distribution of profit -13.1 -21.8  
  Cash flow from financing activities (C)  -4.4 -22.6  
 
  Change in liquid funds (A+B+C) increase (+) / decrease (-) 4.3 8.4  
 
  Liquid funds at beginning of period 43.8 35.3  
  Liquid funds at end of period 48.1 43.8  
         
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