| |
GROUP |
CAA |
| |
2003 |
2002 |
2003 |
2002 |
| |
1000
€ |
1000 € |
1000
€ |
1000 € |
CASH FLOW
FOR BUSINESS OPERATIONS |
|
|
|
|
| |
|
|
|
|
| Payments received from
sales |
227 376 |
202 950 |
218 495 |
198 827 |
| Payments received from
other operating income |
726 |
559 |
725 |
550 |
| Payments
from operating costs |
-162
993 |
-146 983 |
-162
893 |
-148 584 |
Cash
flow before financing items and taxes |
65 109 |
56 526 |
56 327 |
50 793 |
| Interest and financial
expenses paid |
-7 376 |
-9 210 |
-4 301 |
-5 686 |
| Received interest for
business operations |
2 270 |
1 981 |
1 955 |
1 841 |
| Financing contributions
received |
1 035 |
1 041 |
0 |
0 |
| Dividends received |
18 |
23 |
18 |
14 |
| Direct taxes
paid |
-166 |
1 |
0 |
0 |
| Cash flow beofre extraordinary
items |
60 890 |
50 362 |
53 999 |
46 962 |
| Cash dlow
for extraordinary items in business operations |
163 |
|
|
|
Cash flow
for business operations |
61 053 |
50 362 |
53 999 |
46 962 |
|
|
|
|
|
CASH FLOW
FOR CAPITAL INVESTMENTS |
|
|
|
|
| |
|
|
|
|
| Investments in tangible
and intangible assets |
-51 276 |
-58 883 |
-42 741 |
-50 504 |
| Sales of fixed assets |
1 180 |
3 675 |
1 153 |
304 |
| Change in other investments |
-1 002 |
-358 |
-1 002 |
-358 |
| Investments in subsidiary
shares |
|
|
-410 |
-67 |
| Membership
fees and retention money |
87 |
364 |
311 |
257 |
Cash flow
for capital investments |
-51 011 |
-55 202 |
-42 689 |
-50 368 |
| |
|
|
|
|
FINANCING
CASH FLOW |
|
|
|
|
| |
|
|
|
|
| Withdrawals of short-term
loans |
0 |
4 405 |
1 169 |
500 |
| Repayments of short-term
loans |
-5 900 |
0 |
0 |
0 |
| Withdrawals of long-term
loans |
30 120 |
25 000 |
0 |
25 000 |
| Repayments of long-temr
loans |
-23 229 |
-21 115 |
-1 250 |
-18 501 |
| Dividend
paid |
-1
230 |
-4 474 |
-1
230 |
-4 474 |
Financing
cash flow |
-239 |
3 816 |
-1 311 |
2 525 |
| |
|
|
|
|
CHANGE
IN LIQUIDITY |
9 803 |
-1 024 |
9 999 |
-881 |
| |
|
|
|
|
| Liquidity 1 JAN |
24 977 |
26 001 |
24 383 |
25 264 |
| Liquidity 31 DEC |
34 780 |
24 977 |
34 382 |
24 383 |
| |
|
|
|
|
