KB prezent. angl - Komerční banka
KB prezent. angl - Komerční banka
KB prezent. angl - Komerční banka
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Consolidated Cash Flow Statement<br />
for the year ended 31 December 2003<br />
CZK million 2003 2003 2002 2002<br />
Cash flows from operating activities<br />
Interest and commission receipts 30,170 37,020<br />
Interest and commission payments (7,892) (12,243)<br />
Other income receipts 385 4,083<br />
Cash payments to employees and suppliers, and other payments (12,336) (10,784)<br />
Operating cash flow before changes in operating assets and operating liabilities 10,327 18,076<br />
Due from banks (2,133) (43,607)<br />
Loans to customers 1,786 27,550<br />
Securities held for trading (16,301) (5,402)<br />
Other assets (461) (934)<br />
Total (increase)/decrease in operating assets (17,109) (22,393)<br />
Amounts due to banks (4,612) (6,874)<br />
Amounts due to customers 11,683 18,219<br />
Other liabilities 7,926 (2,632)<br />
Total increase/(decrease) in operating liabilities 14,997 8,713<br />
Net cash flow from operating activities before taxes 8,215 4,396<br />
Income taxes paid (5,134) (1,499)<br />
Net cash flows from operating activities 3,081 2,897<br />
Cash flows from investing activities<br />
Dividends received 249 153<br />
Purchase of investments held to maturity 0 (2,141)<br />
Maturity of investments held to maturity 2 884<br />
Purchase of securities available for sale (7,234) (8,966)<br />
Sale of securities available for sale 6,089 15,102<br />
Purchase of tangible and intangible fixed assets (2,804) (1,134)<br />
Sale of tangible and intangible fixed assets 513 542<br />
Purchase of investments in subsidiaries and associates 0 0<br />
Sale of investments in subsidiaries and associates 1,006 11<br />
Net cash flow from investing activities (2,179) 4,451<br />
Cash flows from financing activities<br />
Paid dividends (1,510) (437)<br />
Dividends paid to minority shareholders (48) (51)<br />
Subordinated debt (3,464) 0<br />
Certificated debts issued 2,555 0<br />
Certificated debts redeemed (913) (10,915)<br />
Net cash flow from financing activities (3,380) (11,403)<br />
Net increase/(decrease) in cash and cash equivalents (2,478) (4,055)<br />
Cash and cash equivalents at beginning of year 13,26017,315<br />
Cash and cash equivalents at end of year (see Note 34) 10,782 13,260<br />
The accompanying notes are an integral part of these consolidated financial statements.
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