| |
2004 |
2003 |
|
| |
(in TEUR) |
(in TEUR) |
|
|
|
|
|
|
|
|
|
| Earnings before taxes
(EBT) |
77,228 |
49,318 |
|
| Interest result |
(1,979) |
(1,006) |
|
| Depreciation, write-ups and amortisation
of fixed assets |
38,922 |
35,410 |
|
| Income/Expenses from investments in
associated companies |
1,543 |
419 |
|
| Changes in accrued expenses |
2,549 |
8,725 |
|
| Results from the sale of fixed and
financial assets |
(3,359) |
(62) |
|
| Other non-cash income/expenses |
(2,566) |
0 |
|
| Taxes paid |
(19,973) |
(10,207) |
|
| Interest received |
8,356 |
5,973 |
|
| Interest paid |
(6,397) |
(5,992) |
|
| Gross cash flow |
94,324 |
82,578 |
|
|
|
|
|
| Changes in inventories |
(17,659) |
5,213 |
|
| Changes in advance payments made |
3,338 |
(14,175) |
|
| Changes in receivables, prepayments and |
|
|
|
| deferred
charges |
22,298 |
(85,569) |
|
| Changes in short-term provisions and
accruals |
(3,169) |
(5,837) |
|
| Changes in advance payments received |
11,803 |
455 |
|
| Changes in liabilities and deferred
income |
97,087 |
21,934 |
|
| Cash flow from operating
activities |
208,022 |
4,599 |
|
|
|
|
|
| Payments received for asset disposals |
11,523 |
3,242 |
|
| Payments made for investments in fixed
tangible and intangible assets |
(24,002) |
(20,662) |
|
| Payments made for investments in
financial assets |
(9,750) |
(167) |
|
| Cash flow due to purchase of minority
interests |
|
|
|
| and
business aquistions |
(5,215) |
(13,943) |
|
| Payments made for short-term financial
investments |
(10,079) |
(24,076) |
|
| Cash flow from investing
activities |
(37,523) |
(55,606) |
|
|
|
|
|
| Changes in interest bearing borrowings |
(3,642) |
(311) |
|
| Dividends paid by Andritz AG |
(12,889) |
(11,543) |
|
| Dividends paid to minority shareholders |
(372) |
(659) |
|
| Payments concerning own shares |
1,328 |
(844) |
|
| Payments made by associated companies |
0 |
27 |
|
| Cash flow from financing
activities |
(15,575) |
(13,330) |
|
| |
|
|
|
| Change in cash and cash
equivalents |
154,924 |
(64,337) |
|
|
|
|
|
| Changes in cash
and cash equivalents resulting from |
|
|
|
| exchange
rate fluctuations |
(1,861) |
(2,916) |
|
| Cash and
cash equivalents at the beginning of the period |
120,876 |
188,129 |
|
| Cash and cash
equivalents at the end of the period |
273,939 |
120,876 |
|
|
|
|
|
cashflowstatement.htm
cashflowstatement.xls (Download size=19456 Bytes):
The following notes to the consolidated financial statements form an integral part of this consolidated cash flow statement.
|
 |
