| |
|
Cash flow from operations
|
Amounts in Euro |
|
Operating cash inflow
|
|
|
Turnover (sales)
|
318,610,210.90 |
|
Sundry income
|
156,613.14
|
|
Extraordinary income
|
45,611,046.10
|
|
Prior year income
|
511,828.71
|
|
Interest income
|
2,731,410.32
|
|
Income from securities
|
347,978.93
|
|
Sale of securities
|
21,019,685.26
|
|
Less:
|
|
|
Increase in debtors
|
17,748,681.32
|
|
Total operating cash inflow
|
371,240,092.04
|
|
|
|
|
Operating cash outflow
|
|
|
Cost of sales
|
200,355,204.44
|
|
Administration expenses
|
16,197,398.27
|
|
Operation and distribution expenses
|
40,841,843.62
|
|
Other expenses
|
46,243,339.87
|
|
Increase in prepayments and accrued income
|
2,550,042.69
|
|
less:
|
|
|
Deduction in inventories
|
469,035.02
|
|
increase in deferred income and accrued expenses
|
17,404,187.21
|
|
increase in current liabilities (except banks)
|
8,141,080.26
|
|
Total operation cash outflow
|
280,173,526.40
|
|
|
|
|
Tax cash outflow
|
|
|
Income taxes
|
356,714.92
|
|
Deduction in liabilities due to taxes
|
1,919,423.36
|
|
Less:
|
|
|
Increase in liabilities due to taxes
|
0.00 |
|
Total tax cash outflow
|
2,276,138.28
|
|
|
|
|
Cash flow from operations
|
88,790,427.36
|
|
|
|
|
Cash flow from investment activities
|
|
|
Investment cash inflow
|
|
|
Sale of intangible assets
|
|
|
Sale of tangible assets
|
222,974,111.42 |
|
Deduction in participations
|
|
|
Income from investment in subsidiaries
|
1,297,895.92 |
|
Total investment cash inflow
|
224,272,007.34 |
| |
|
|
Investment cash outflow
|
|
|
Increase in intangible assets
|
96,737.49
|
|
Increase in tangible assets
|
456,368,227.05
|
|
Increase in long term receivables
|
1,075.72
|
|
Increase in establishment expenses
|
3,235,739.23
|
|
Total investment cash outflow
|
459,701,779.49
|
|
|
|
|
Cash flow from investment activities
|
-235,429,772.15
|
|
|
|
|
Cash flow from financial activities
|
|
|
Cash inflow
|
|
|
Increase in long term liabilities
|
297,434,146.90
|
|
Increase in current liabilities (bank accounts)
|
|
|
Total cash inflow
|
297,434,146.90
|
| |
|
|
Cash outflow
|
|
|
Deduction in short term liabilities (bank accounts)
|
5,376,275.00
|
|
Debit interest
|
40,794,645.53
|
|
Dividend paid
|
5,726,130.90
|
|
Director's fees from net profit
|
200,300.00
|
|
Total cash outflow
|
52,097,351.43
|
| |
|
|
Cash flow from financial activities
|
245,336,795.47
|
| |
|
|
GROUP CASH FLOW
|
98,697,450.68
|
|
PLUS: CASH AND BANKS 1/1/2002
|
51,777,033.02
|
|
CASH AND BANKS 31/12/2002
|
150,474,483.70
|
| |
|
|
|
|
Voula , 14 February, 2003
|
|
