Cash flow statement

Property statement of cashflows	Annex	2023	2022
(in KEUR)
Net income after taxes		22,598	26,132
+/-Depreciation and amortisation of property, plant and equipment	10, 11, 12	18,732	16,880
+/-Change in provisions	21	-2,411	-51
+/-Other non-cash expenses / income		-6	79
+/-Cash inflows and outflows not affecting net income		1,172	0
+ Loss from deconsolidation of consolidated companies and other business units		0	0
-/+ Profit / loss from the disposal of property, plant and equipment		-144	-37
+/-Change in current assets (inventories, receivables) of other assets not attributable to investing or financing activities	17-18	16,261	-27,352
+/-Change in trade payables and other liabilities not attributable to investing or financing activities	23-24	-7,488	-8,458
Cashflow from operating activities		48,712	7,193
+ Proceeds from disposals of property, plant and equipment	11	624	901
-Payments made for investments in property, plant and equipment	11	-18,158	-39,585
+ Proceeds from disposals of intangible assets	10	0	2
-Payments for investments in intangible assets	10	-2,031	-1,311
+ Proceeds from disposals of financial assets	13	806	1,259
-Cash outflows for investments in financial assets	13	-205	-181
+Proceeds from the sale of consolidated companies and other business units		0	0
-Cash outflows from the acquisition of consolidated companies and other business units		-3,250	0
+ Proceeds from the sale of investment properties	14	0	0
-Cash outflows for investments in investment properties	14	0	0
Cashflow from investing activities		-22,215	-38,914
-Payments to company owners and and non-controlling shareholders		-8,071	-9,465
+ Proceeds from the issue of bonds and the raising of (financial) loans	23	6,550	19,376
-Outflows from the redemption of bonds, leasing liabilities and (financial) loans	23	-15,491	-21,803
Cashflow from financing activities		-17,012	-11,892
Payment-related changes in cash and cash equivalents		9,485	-43,613
+/-Changes in cash and cash equivalents due to exchange rate movements, changes in the scope of consolidation and changes in valuation		1,193	334
+ Cash and cash equivalents at the beginning of the period		-4,939	38,339
Cash and cash equivalents at the end of the period		5,739	-4,939

Cash inflows and outflows, included in the cash flow from operating activities	Annex	2023	2022
Income taxes paid	8	9,796	11,272
Interest paid	7	3,519	935
Interest received	7	237	90

Composition of cash and cash equivalents	Annex	2023	2022
Cash on hand, bank balances	18	38,159	26,138
Short-term liabilities due to credit institutions	23	-32,419	-31,077
Cash and cash equivalents		5,739	-4,939

Explanatory notes to the consolidated statement of cash flows can be found under "Other disclosures" > "Notes to the consolidated statement of cash flows".