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| Cash flows (EUR million) | 2005 |
2004 |
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Parent company |
Parent company |
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| 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 | ||