KLEMENTI

CASH FLOW STATEMENT

 

CONSOLIDATED CASH FLOW STATEMENT, Q1 2000

 

Consolidated, unaudited

EEK thousand

                                         Consolid. AS Klementi

                                         31.03.00   31.03.00

 

Operating activities

 

Adjustments for operating profit

Operating profit                           -2,082     -2,110

Depreciation of fixed assets                  922        863

Depreciation of intangible assets             223        197

Profit from sale of fixed assets              -72        -72

Loss from write-off of fixed assets             2          2

Realized profit from write-off of fixed assets-36          0

Loss from long-term investments               541        320

Interest calculated                          -537        541

Interest paid                                           -537

 

Total                                      -1,039       -796

 

Adjustments to changes in working capital

 

Change in current assets                   -3,299     -2,692

Change in current liabilities                 290       -892

 

Total                                      -3,009     -3,584

 

Net cash from operating activities         -4,048     -4,380

 

Investing activities

Purchase of tangible fixed assets          -4,781     -4,667

incl. finance lease                         5,485      5,485

Purchase of intangible fixed assets          -930       -930

Proceeds from sale of fixed assets          1,000      1,000

Reconstruction of fixed assets               -300       -300

 

Net cash used in investing activities         474        588

 

Financing activities

Repayment of borrowings                    -3,390     -3,190

Proceeds from borrowings                    7,114      7,114

Finance lease payments                     -1,036     -1,036

 

Net cash used in financing activities       2,688      2,888

 

Net cash flow                                -886       -904

Cash and cash equivalents at 

beginning of period                         4,458      3,820

Cash and cash equivalents at 

end of period                               3,572      2,916

 

 

Tiiu Tammots

Chief accountant

+372 6 710 708