KB prezent. angl - Komerční banka

114 ➔115
Unconsolidated Financial Statements
under IFRS
Unconsolidated Cash Flow Statement
for the year ended 31 December 2003
CZK million 2003 2003 2002 2002
Cash flows from operating activities
Interest and commission receipts 29,352 36,758
Interest and commission payments (7,886) (12,378)
Other income receipts 885 1,107
Cash payments to employees and suppliers, and other payments (11,963) (8,107)
Operating cash flow before changes in operating assets and operating liabilities 10,388 17,380
Due from banks (2,149) (43,842)
Loans and advances to customers 1,976 27,686
Securities held for trading (16,381) (5,598)
Other assets 98 (1,535)
Total increase/(decrease) in operating assets (16,456) (23,289)
Amounts due to banks (3,885) (6,642)
Amounts due to customers 8,470 19,105
Other liabilities 7,013 (1,952)
Total (increase)/decrease in operating liabilities 11,598 10,511
Net cash flow from operating activities before taxes 5,530 4,602
Income taxes paid (4,975) (1,417)
Net cash flows from operating activities 555 3,185
Cash flows from investing activities
Dividends received 288 221
Purchase of investments held to maturity 0 (2,446)
Maturity of investments held to maturity 2,237 884
Purchase of securities available for sale (4,765) (8,098)
Sale of securities available for sale 5,836 15,102
Purchase of tangible and intangible fixed assets (2,644) (1,040)
Sale of tangible and intangible fixed assets 481 533
Purchase of investments in subsidiaries and associates 0 (989)
Sale of investments in subsidiaries and associates 900 11
Net cash flow from investing activities 2,333 4,178
Cash flows from financing activities
Paid dividends (1,510) (437)
Subordinated debt (5,466) (585)
Certificated debts issued 2,555 0
Certificated debts redeemed (913) (10,372)
Net cash flow from financing activities (5,334) (11,394)
Net increase/(decrease) in cash and cash equivalents (2,446) (4,030)
Cash and cash equivalents at beginning of year 13,124 17,154
Cash and cash equivalents at end of year 10,678 13,124