Výroční zpráva\Annual Report - CETELEM ČR, as
Výroční zpráva\Annual Report - CETELEM ČR, as
Výroční zpráva\Annual Report - CETELEM ČR, as
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C<strong>as</strong>h flow statement<br />
<strong>as</strong> at 31\12\2006<br />
2006 2005<br />
Balance of c<strong>as</strong>h and c<strong>as</strong>h equivalents at the beginning of the accounting period 6,019 5,890<br />
C<strong>as</strong>h flow from core business (operating activity)<br />
Profit or loss from ordinary activity before tax 686,028 517,982<br />
Adjustments for non-c<strong>as</strong>h transactions -1,133,927 -954,050<br />
Depreciation of fixed <strong>as</strong>sets and amortisation of reserves for acquired <strong>as</strong>sets 47,734 32,697<br />
Variation in provisions and reserves 38,144 74,688<br />
Revenues from sale of fixed <strong>as</strong>sets 938 271<br />
Dividends and shares in profit revenue -260<br />
Billed interest expenses, except those capitalised, and billed interest income -1,252,746 -1,075,042<br />
Possible adjustments by other non-monetary operations 32,263 19,189<br />
Net c<strong>as</strong>h flow from operating activities before tax, variation of working capital and extraordinary item -447,899 -436,068<br />
Variation in non-monetary components of working capital -1,451,826 -877,889<br />
Change in receivables from operating activity, temporary and suspense accounts of <strong>as</strong>sets -2,218,258 -1,411,420<br />
Change in short-term payables from operating activity, temporary and suspense accounts of liabilities<br />
Change in inventories<br />
Change in short-term financial <strong>as</strong>sets not included in c<strong>as</strong>h in h and c<strong>as</strong>h equivalents<br />
766,432 533,531<br />
Net c<strong>as</strong>h flow from operating activity before tax and extraordinary items -1,899,725 -1,313,957<br />
Interest paid, except capitalised interest -101,004 -90,186<br />
Interest received 1,344,881 1,142,565<br />
Income tax on ordinary activity, and additional tax of prior periods<br />
Revenue and expenses related to extraordinary profit/loss, including income tax<br />
-18,319 -140,106<br />
Dividends and profit shares received 260<br />
Net c<strong>as</strong>h flow from operating activity<br />
C<strong>as</strong>h flow from investment activity<br />
-673,907 -401,684<br />
Expenditures on fixed <strong>as</strong>set acquisition -62,421 -72,948<br />
Proceeds from sale of fixed <strong>as</strong>sets 2,237 2,308<br />
Loans and credits to related entities -4,580<br />
Net c<strong>as</strong>h flow from investment activity<br />
C<strong>as</strong>h flow from financial activity<br />
-64,764 -70,640<br />
Impact of changes in long-term or short-term liabilities 1,150,000 1,120,000<br />
Impact of changes in equity on c<strong>as</strong>h and c<strong>as</strong>h equivalents<br />
Incre<strong>as</strong>e in c<strong>as</strong>h due to incre<strong>as</strong>e of share capital, share premium, reserve fund, etc.<br />
Interest on shareholders‘ equity paid to members<br />
Other monetary investments from members and shareholders<br />
Compensation of losses by members<br />
Direct payments debited to funds<br />
-412,000 -647,547<br />
Dividends and profit shares paid out, including tax paid -412,000 -653,400<br />
Net c<strong>as</strong>h flow from financial activity 738,000 472,453<br />
Net incre<strong>as</strong>e/decre<strong>as</strong>e in c<strong>as</strong>h -671 129<br />
Balance of c<strong>as</strong>h and c<strong>as</strong>h equivalents at the end of the accounting period 5,348 6,019<br />
VÝROČNÍ ZPRÁVA\ANNUAL REPORT 2006 51
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