Basic HTML Version
168
CONSOLIDATED FINANCIAL STATEMENTS
Years ending on December 31
Note
2011
2010
Cash Flows from Operating Activities
Flows from operating activities (1)
30
19,171,328
29,667,895
Cash Flows from Investment Activities
Receipts from:
Financial investments
Tangible assets
19,323
257,716
Intangible assets
5,807
Investment benefits
Interest received
1,290,661
277,023
Dividends received
Other
Payments for:
Financial Investments
114,151
493,251
Tangible assets
10,827,055
12,624,602
Intangible assests
751,007
985,192
Other
Flows from investment activities (2)
-10,382,228
-13,562,499
Consolidated Cash Flow Statements
for the years ending on 31 December 2011 and 2010
(values in euros)