Annual Report and Consolidated Accounts 2015
Years ended on
December 31
st
Notes
2015
2014
Cash flows from financing activities
Receipts from:
Loans obtained
9.132.850
1.843.440
Payments for:
Loans obtained
4.937.537
9.277.323
Amortisation of financial leasing contracts
57.016
61.483
Interest and similar costs
2.006.994
2.080.039
Dividends paid
31
990.000
990.000
Flows from financing activities (3)
1.141.303
-10.565.405
Change in cash & cash equivalents (4)=(1)+(2)+(3)
-849.798
-8.140.880
Perimeter changes effect
Exchange rate differences effect
-1.803.392
-159.400
Cash & cash equivalents at the start of the period
13.471.613
21.453.094
Cash & cash equivalents at end of the period
14
14.425.207
13.471.613
The Board of Directors,
209
