Financial Report
Consolidated cash flow statement
EUR million | 1st half-year 2024 | 1st half-year 2023 |
Net profit | 7.1 | 27.7 |
Depreciation and amortisation of property, plant and equipment | 12.2 | 11.5 |
Depreciation and amortisation of intangible assets | 0.5 | 0.5 |
Other non-cash changes | 2.0 | 3.8 |
(Gain)/loss on disposals of assets | 6.5 | –0.1 |
(Increase)/decrease in trade accounts receivable | –11.7 | –4.3 |
(Increase)/decrease in other receivables, prepayments and accrued income | –1.2 | 0.8 |
(Increase)/decrease in inventories | 1.2 | –11.1 |
Increase/(decrease) in trade accounts payable | 2.6 | –0.5 |
Increase/(decrease) in other short-term liabilities, accruals and deferred income | –6.4 | –6.9 |
Increase/(decrease) in provisions | 1.1 | 0.5 |
(Increase)/decrease in deferred tax assets | 0.3 | 0.4 |
Cash flow from operating activities | 14.3 | 22.3 |
Investments in property, plant and equipment | –8.4 | –12.1 |
Investments in intangible assets | –0.1 | –0.3 |
Investments in subsidiaries | - | –0.1 |
Investments in minority interest | –4.7 | - |
Divestment of property, plant and equipment | 0.3 | 0.1 |
Divestment of subsidiaries, net of cash given | –3.0 | - |
Cash flow from investing activities | –15.8 | –12.4 |
Dividends paid to shareholders | –15.4 | –21.6 |
Purchase of own shares | –1.9 | –10.6 |
Sale of own shares | 2.1 | 2.7 |
Increase/(decrease) in short-term financial liabilities | –0.7 | 19.1 |
Increase/(decrease) in long-term financial liabilities | - | –0.8 |
Increase/(decrease) in other liabilities | –0.1 | - |
Cash flow from financing activities | –15.9 | –11.2 |
Currency effects | –1.1 | –1.4 |
Increase/(decrease) in liquid assets | –18.5 | –2.7 |
Liquid assets at 1.1. | 77.2 | 55.1 |
Liquid assets at 30.6. | 58.7 | 52.5 |
Increase/(decrease) | –18.5 | –2.7 |