Kesko's Annual Report 2009
Kesko's Annual Report 2009
Kesko's Annual Report 2009
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138 Kesko financial statements <strong>2009</strong><br />
Parent's cash flow statement (FAS)<br />
€ 1 Jan.-31 Dec. <strong>2009</strong> 1 Jan.-31 Dec. 2008<br />
Cash flow from operating activities<br />
Profit before extraordinary items<br />
Adjustments:<br />
127,304,287.13 175,010,668.09<br />
Depreciation according to plan 22,431,800.30 22,542,266.17<br />
Financial income and expenses -11,208,558.82 -37,555,785.57<br />
Other adjustments -86,901,943.53 -115,916,129.96<br />
Change in working capital<br />
51,625,585.08 44,081,018.73<br />
Interest-free short-term trade receivables, increase/decrease (-/+) 5,013,184.12 4,314,998.23<br />
Interest-free short-term debt, increase/decrease (+/-) -7,364,940.23 3,239,414.65<br />
-2,351,756.11 7,554,412.88<br />
Interests paid -24,886,896.53 -39,864,151.14<br />
Interests received 50,091,388.56 72,980,921.01<br />
Dividends received 15,919.30 6,220,481.75<br />
Taxes paid -31,500,126.37 -62,090,706.16<br />
-6,279,715.04 -22,753,454.54<br />
Cash flow from operating activities 42,994,113.93 28,881,977.07<br />
Cash flow from investing activities<br />
Purchases of other investments - -50,000.00<br />
Investments in tangible and intangible assets -25,407,912.38 -28,940,941.87<br />
Increase in long-term receivables - -61,937,039.62<br />
Decrease in long-term receivables 14,727,559.87 -<br />
Subsidiary disposed 30,401,356.84 149,729,156.38<br />
Associated company disposed 140,000.00 1,388,000.00<br />
Proceeds from other investments - 223,047.00<br />
Proceeds from sale of tangible and intangible assets 164,968,531.04 141,294,028.63<br />
Cash flow from investing activities 184,829,535.37 201,706,250.52<br />
Cash flow from financing activities<br />
Decrease in current creditors -165,768,732.94 -106,807,060.53<br />
Increase in non-current creditors 17,681,692.46 -<br />
Decrease in non-current creditors - -4,618,842.74<br />
Increase/decrease (-/+) in short-term interest-bearing receivables 248,003,649.29 45,784,249.44<br />
Short-term money market investments -98,162,726.19 -18,400,959.74<br />
Dividends paid -97,850,410.00 -156,428,592.00<br />
Group contributions received and paid 21,584,005.65 99,866,000.00<br />
Increase in share capital 4,577,454.34 379,018.16<br />
Others -14,532,339.74 10,549,067.77<br />
Cash flow from financing activities -84,467,407.13 -129,677,119.64<br />
Change in liquid assets 143,356,242.17 100,911,107.95<br />
Liquid assets at 1 January 282,031,553.81 181,120,445.86<br />
Liquid assets at 31 December 425,387,795.98 282,031,553.81