1. Annual report 2013
  2. Board of Directors' Report
  3. Financial statements
  4. Parent Company Cash Flow Statement
  • Supervisory Board
  • Risk management
  • Insider administration
  • Audit
  • Internal audit
  • Remuneration
  • VR City Traffic
  • Properties
  • Conductor
  • For the investor
    • PARENT COMPANY CASH FLOW STATEMENT (1,000 €) 1 Jan.–31 Dec. 2013 1 Jan.–31 Dec. 2012
    Cash flow from operating activities
    Operating profit 60,243,892.59 43,139,688.74
    Depreciation according to plan 105,568,162.94 100,052,595.25
    Other non-payment-related income and expenses -29,397,423.33 -42,079,418.46
    Cash flow before change in net working capital 136,414,632.20 101,112,865.53
    Change in stocks -337,652.12 -7,448,419.80
    Change in current receivables -10,556,429.61 -19,315,033.76
    Change in current liabilities -28,139,004.77 -18,916,716.20
    Change in net working capital -39,033,086.51 -45,680,169.76
    Interest paid -2,659,523.35 -2,083,488.58
    Dividends received 4,198,772.55 2,943,729.12
    Interest received from operating activities 2,929,856.66 2,767,818.53
    Taxes paid / received -81,681.16 -469.50
    Cash flow from financial items and taxes 4,387,424.70 3,627,589.57
    Net cash from operating activities 101,768,970.39 59,060,285.34
    Cash flow from investing activities
    Capital gains from tangible and intangible assets -147,055,681.33 -91,410,060.06
    Sale of other fixed assets 80,742,130.72 19,650,801.33
    Subsidiaries/business operations sold 15,944,135.27 39,187,798.82
    Change in other long-term investments -21,011,298.31 3,205,499.71
    Loans granted 0.00 -34,029.17
    Repayment of loans receivable 10,397,503.55 3,967,459.84
    Net cash from investing activities, total -60,983,210.10 -25,432,529.53
    Cash flow before financing activities 40,785,760.29 30,140,755.81
    Cash flow from financing activities
    Change in long-term receivables 5,166,272.14 0.00
    Group contributions received 4,106,000.00 4,785,000.00
    Change in funds transferred to Group accounts 7,389,067.01 -2,859,201.55
    Net cash used in financing activities, total 16,661,339.15 1,925,798.45
    Change in cash reserves 57,447,099.44 35,553,554.26
    Cash reserves on 1 Jan. 201,725,580.51 166,172,026.27
    Cash reserves on 31 Dec. 259,172,679.97 201,725,580.51