2007 - Pinguely Haulotte
2007 - Pinguely Haulotte
2007 - Pinguely Haulotte
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<strong>2007</strong><br />
annual report # p85-86<br />
Consolidated financial statements at 31/12/<strong>2007</strong><br />
CONSOLIDATED CASH FLOW STATEMENT<br />
In thousands of euros Notes <strong>2007</strong> December 2006 December<br />
Net income 71 161 60 456<br />
Stock option expenses 37 5<br />
Allowance for depreciation and amortization 21 877 20 579<br />
Changes in provisions (except for current assets) 1 076 1 138<br />
Change in deferred tax (93) (1 870)<br />
Gains and losses from disposals of fixed assets (1 116) (1 095)<br />
GROSS CASH FLOW FROM CONSOLIDATED OPERATIONS 92 941 79 213<br />
Changes in operating working capital 43 (69 752) (46 491)<br />
Changes in receivables from financing activities 44 18 306 21 583<br />
CASH FLOWS FROM OPERATING ACTIVITIES 41 495 54 305<br />
Acquisition of fixed assets (32 926) (30 362)<br />
Proceeds from disposals of fixed assets, net of tax 3 456 3 533<br />
Impact of changes in consolidation scope 0 643<br />
Changes in payables on fixed assets (3 638) 3 493<br />
CASH FLOWS FROM INVESTING ACTIVITIES (33 108) (22 693)<br />
Dividends paid to parent company shareholders (5 822) (4 440)<br />
Cash capital increases 1 047 1 998<br />
Loans issues 5 298 1 609<br />
Repayment of borrowings (10 159) (34 148)<br />
Purchase/sales of treasury shares (17 737) (54)<br />
CASH FLOWS FROM FINANCING ACTIVITIES (27 373) (35 035)<br />
NET CHANGE IN CASH AND CASH EQUIVALENTS (18 986) (3 423)<br />
Opening cash and cash equivalents 45 69 458 72 949<br />
Effect of exchange rate changes (784) (68)<br />
Closing cash and cash equivalents 45 49 688 69 458<br />
NET CHANGE IN CASH AND CASH EQUIVALENTS (18 986) (3 423)<br />
Notes 1 to 50 constitute an integral part of these consolidated financial statements