Consolidated cash flow statement

Cash flows from operating activities

Total comprehensive income of the period

39,636

437,843

Adjustments for

- Changes in fair value of investments

54,517

(344,704)

- Results on sale of investments

3

3,646

(4,953)

- Net financial income and expenditures

6

169

10,857

Operating cash flow before change in working capital

97,968

99,043

Change in

- Trade and other receivables

(9,241)

360

- Trade and other payables

15,588

9,713

Change in working capital

6,347

10,073

Paid interest

(13,270)

(10,319)

Received interest

-

-

(13,270)

(10,319)

Net cash flow from operating activities

91,045

98,797

Cash flows from investing activities

Investments in completed investment property

7

-

-

Investments in capitalised subsequent expenditure in investment property

(2,375)

(15,151)

Divestments of investment property and assets held for sale

112,014

33,600

Divestments of assets under construction

-

-

Prepayments for assets under construction

(196,666)

(186,509)

Results on sale of investments

-

-

Contribution property portfolio

-

-

Net cash flow from investing activities

(87,027)

(168,060)

Cash flows from financing activities

Increase / (decrease) in capital contributions

12

149,950

-

Redemption of units

12

(53,340)

(70,954)

Dividend paid to Investors

(97,673)

(108,750)

Proceeds from loans and borrowings

16

(5,000)

265,000

Net cash flow from financing activities

(6,063)

85,296

Net increase / (decrease) in cash and cash equivalents

(2,045)

16,033

Cash and cash equivalents at the beginning of the period

43,546

27,513

Cash and cash equivalents at end of the period

41,501

43,546