Cash flow statement

Cash flows from operating activities

Result for the year

(1,886)

42,268

Adjustments for

- Unrealised capital results on investments

3

20,236

(25,710)

- Net financial income and expenditures

(1,092)

36

Operating cash flow before change in working capital

17,258

16,594

Change in

-

-

- Trade and other receivables

(748)

(280)

- Trade and other payables

496

1,512

Change in working capital

(252)

1,232

Paid interest

-

(36)

Received interest

1,092

-

1,092

(36)

Net cash flow from operating activities

18,098

17,790

Cash flows from investing activities

Investments in completed investment property

(30,457)

-

Investments in capitalised subsequent expenditure in investment property

56

(2,374)

Prepayments for assets under construction

(75,870)

(46,419)

Net cash flow from investing activities

(106,271)

(48,793)

Cash flows from financing activities

Increase / decrease in capital contributions

9

8

4

Increase in share premium reserve

10

113,952

56,952

Dividend paid to Investors

(17,500)

(15,750)

Net cash flow from financing activities

96,460

41,206

Net increase in cash and cash equivalents

8,287

10,203

Cash and cash equivalents at the beginning of the period

11,231

1,028

Cash and cash equivalents at end of the period

19,518

11,231