Consolidated Statement of Cash Flows in thousands of guilders 1993 1992 Cash flow from operating activities Trading profit Earnings of non-consolidated participations Depreciation and value adjustments Changes in provisions Working capital changes Cash flow from operations Interest paid and received Taxation paid on profit Extraordinary Group income after taxation 798,067 18,610 501,194 136,802 87,047 733,212 25,613 631,865 10,781 26,130 1,541,720 1,332 301,683 1,375,341 43,299 324,803 119,617 Cash flow from operating activities 1,238,705 1,126,856 Dividends paid 159,226 - 170,265 Cash flow from operating activities less dividends paid 1,079,479 956,591 Cash flow from investing activities Investments less disposals in tangible fixed assets - 533,789 - 531,395 Investments less disposals in financial fixed assets - 54,396 - 86,763 Investments less disposals in consolidated participations - 25,002 - 25,189 Cash flow from investing activities - 613,187 - 643,347 Cash flow from financing activities Long-term borrowings Repayment of long-term debts Investment facilities Cash flow from financing activities 203,193 226,194 124,789 - 266,643 1,630 - 3,060 80,034 - 43,509 Net cash flow 546,326 269,735 Other movements in funds: Changes in the extent of the consolidation - 20,139 Changes in exchange rates 19,289 48,810 Movement in balance of funds 565,615 338,684 The balance of funds consists of: - Cash at bank and in hand - Securities Indebtedness to credit institutions 1,370,599 1,014,457 195,237 147,536 218,961 - 380,733 Position on December 31 1,346,875 781,260

Jaarverslagen en Personeelsbladen Heineken

Jaarverslagen | 1993 | | pagina 50