Notes to the
consolidated statement
of cash flows
The consolidated statement of cash flows has been drawn up
by the indirect method. The items of the consolidated
statement of income and balance sheet have been adjusted for
changes which have no effect on the receipts and payments in
the financial year.
The funds consist of cash at bank and in hand, securities and
current indebtedness to credit institutions.
Position on January 1, 1993
Revaluation/Changes in exchange rates
Changes in the extent of the consolidation
Other non-cash movements
Statement of cash flows
Position on December 31, 1993
Long-term Repayment
Provisions debts obligation
1,149,769 576,464 89,992
23,684 - 19,631 - 5,158
216 2,126
18,027 - 300,095 300,095
136,802 203,193 - 124,789
1,281,130 462,057 260,140
Working capital
Position on January 1, 1993 233,381
Movement concerning dividend, interest and
taxation on profit - 20,537
Revaluation/Changes in exchange rates - 22,066
Changes in the extent of the consolidation - 13,144
Other non-cash movements 4,448
Statement of cash flows - 87,047
Position on December 31, 1993 95,035
Working capital consists of stocks, accounts
receivable and current liabilities excluding
indebtedness to credit institutions and repayment
obligations in 1994 on long-tertn debts).