Catom Annual Report 2019 EN

€

2019

2018

CONSOLIDATED CASH FLOW STATEMENT

CASH FLOW FROM OPERATING

ACTIVITIES

Operating result

14,995,256

7,775,051

for 2019

Adjustments for:

Depreciation of tangible and amortisation

4,916,032

5,487,140

of intangible fixed assets (1,2)

Movement in provisions

6,080

-2,117

4,922,112

5,485,023

Movements in working capital:

Stocks (4)

-8,241,489

-598,203

Receivables

5,523,255

-8,480,714

Current liabilities

-4,902,812

7,795,506

-7,621,046

-1,283,411

Cash flow from business operations

12,296,322

11,976,663

Interest paid

-309,830

-473,243

Corporation tax paid

-2,159,077

-2,253,019

-2,468,907

-2,726,262

Cash flow from operating activities

9,827,415

9,250,401

CASH FLOW FROM INVESTMENT

ACTIVITIES

Investments in intangible fixed assets

-1,166,900

-836,461

Investments in tangible fixed assets

-7,054,832

-4,683,965

Investments in group companies

0

-3,555,997

Investments in financial fixed assets

-173,486

-67,840

Disposals of tangible fixed assets

319,747

1,091,461

Repayments received on financial fixed assets

91,624

279,741

Cash flow from investment activities

-7,983,847

-7,773,061

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