Parent company cash flow

Cash flows EUR Million		Note	2007	2006

Cash flows from operating activities
	Cash receipts from customers		162.6	155.2
	Other income from business operations		0.0	0.0
	Cash paid to suppliers and employees		-132.6	-122.8
	Cash flow from business operations before financial items and taxes		30.0	32.3
	Interest received		3.5	2.7
	Interest paid		-0.2	0.0
	Other financial items, net		-0.5	-2.0
	Dividend received from business operations		3.7	2.8
	Direct tax paid		-8.5	-5.6
Cash flow from business operations (A)			27.9	30.2

Cash flow from investing activities
	Investments in tangible and intangible assets		-4.8	-3.9
	Proceeds from sale of fixed assets		0.0	0.1
	Loans granted		0.0	-0.2
	Other investments		0.0	0.0
	Repayments on loan receivables		1.5	6.5
	Proceeds from sale of other investments		0.0	0.0
Cash flow from investing activities (B)			-3.3	2.5

Cash flow from financing activities
	Equity issue		0.0	6.1
	Repayment of short-term loans		0.0	0.0
	Withdrawal of long-term loans		0.0	0.0
	Repayment of long-term loans		-0.2	-0.4
	Dividend paid and other distribution of profit		-15.5	-13.4
Cash flow from financing activities (C)			-15.7	-7.7

Change in liquid funds (A+B+C) increase (+) / decrease (-)			8.9	24.9

Liquid funds at beginning of period			73.0	48.1
Liquid funds at end of period		9	81.9	73.0