Catom Annual Report 2020 EN

€

2020

2019

CONSOLIDATED CASH FLOW STATEMENT

CASH FLOW FROM OPERATING

ACTIVITIES

Operating result

8,127,709

14,995,256

for 2020

Adjustments for:

Depreciation of tangible and amortisation

4,991,700

4,916,032

of intangible fixed assets (1,2)

Movement in provisions

69,028

6,080

5,060,728

4,922,112

Movements in working capital:

Stocks (4)

-4,340,031

-8,241,489

Receivables

6,273,281

5,523,255

Current liabilities

-937,419

-4,902,812

995,831

-7,621,046

Cash flow from business operations

14,184,268

12,296,322

Interest paid

-565,034

-309,830

Corporation tax paid

-4,040,955

-2,159,077

-4,605,989

-2,468,907

Cash flow from operating activities

9,578,279

9,827,415

CASH FLOW FROM INVESTMENT ACTIVITIES

Investments in intangible fixed assets

-1,380,151

-1,166,900

Investments in tangible fixed assets

-15,851,193

-7,054,832

Investments in group companies

0

0

Investments in financial fixed assets

-394,794

-173,486

Disposals of tangible fixed assets

116,850

319,747

Repayments received on financial fixed assets

176,976

91,624

Cash flow from investment activities

-17,332,312

-7,983,847

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