Report by the Board 2005
CASH FLOW STATEMENT
| GROUP | CAA | |||
| 2005 | 2004 | 2005 | 2004 | |
| 1000 e | 1000 e | 1000 e | 1000 e | |
| CASH FLOW FOR BUSINESS OPERATIONS | ||||
| Payments received from sales | 258 876 | 242 740 | 243 007 | 232 097 |
| Payments received from other operating income | 1 200 | 1 437 | 1 047 | 1 435 |
| Payments from operating costs | -183 829 | -177 793 | -177 762 | -174 449 |
| Cash flow for business operations before financial items and taxes | 76 247 | 66 384 | 66 292 | 59 083 |
| Interest and financial expenses paid | -6 426 | -7 024 | -3 463 | -3 934 |
| Received interest for business operations | 2 099 | 1 640 | 1 985 | 1 539 |
| Financing contributions received | 846 | 1 032 | 0 | 0 |
| Dividends received | 20 | 14 | 20 | 12 |
| Direct taxes paid | -819 | -97 | 0 | 0 |
| Cash flow before extraordinary items | 71 967 | 61 949 | 64 834 | 56 700 |
| Cash flow for extraordinary items in business operations | 0 | 0 | ||
| Cash flow for business operations | 71 967 | 61 949 | 64 834 | 56 700 |
| CASH FLOW FOR CAPITAL INVESTMENTS | ||||
| Investments in tangible and intangible assets | -62 726 | -52 206 | -48 198 | -48 234 |
| Income from diposal of tangible and intangible assets | 4 153 | 1 795 | 235 | 3 754 |
| Outlay in other investments | -562 | -425 | -562 | -425 |
| Investments in subsidiary shares | -3 | 0 | ||
| Membership fees and retention money | 0 | 39 | 99 | 210 |
| Cash flow for capital investments | -59 135 | -50 797 | -48 429 | -44 695 |
| FINANCING CASH FLOW | ||||
| Withdrawals of short-term loans | 657 | 2800 | 286 | -1 155 |
| Repayments of short-term loans | 0 | 0 | 0 | 0 |
| Withdrawals of long-term loans | 6 000 | 0 | 0 | 0 |
| Repayments of long-term loans | -8 115 | -5 889 | -5 132 | -2 932 |
| Dividend paid | -4 508 | -5 520 | -4 508 | -5 520 |
| Financing cash flow | -5 966 | -8 609 | -9 354 | -9 607 |
| CHANGE IN LIQUIDITY | 6 866 | 2 543 | 7 051 | 2 398 |
| Liquidity 1 JAN | 42 095 | 39 552 | 41 552 | 39 154 |
| Liquidity 31 DEC | 48 961 | 42 095 | 48 603 | 41 552 |