Consolidated cash flow statement

2.4 Consolidated cash flow statement
CONSOLIDATED CASH FLOW STATEMENT      
    1 Jan - 31 Dec, 2016 1 Jan - 31 Dec, 2015
  Notes € 1,000 € 1,000
       
Cash flow from operating activities:    
Profit for the financial year 21 138,673 103,576
Adjustments:      
Business transactions not involving a payment transaction:      
Depreciation   99,222 94,119
Capital gains/losses (-/+) on tangible and intangible assets   -3,792 -1,970
Share of profit of associated companies   -511 -447
Gains/losses from the assets and liabilities recognised in the income statement at fair value   -35,378 24,276
Interest and other finance costs   19,385 34,401
Interest income   -689 -701
Dividend income   -5 -5
Taxes   35,192 25,745
Impact from changes in the fair value of the investment   203 -233
Changes in working capital:      
Change in trade receivables and other receivables   -13,121 -11,532
Change in inventories   396 178
Change in trade payables and other liabilities   7,371 -8,332
Congestion income   39,863 0
Change in provisions 25 -187 -18
Interests paid   -20,496 -23,734
Interests received   440 821
Taxes paid   -33,887 -20,470
Net cash flow from operating activities   232,679 215,674
       
Cash flow from investing activities:      
Purchase of property, plant and equipment 11 -138,084 -150,449
Purchase of intangible assets 12 -4,108 -3,421
Proceeds from sale of other assets   152 500
Proceeds from sale of property, plant and equipment   5,885 5,066
Loans granted   -1,500 -900
Dividends received   565 556
Contributions received   0 15,000
Capitalised interest paid 17 -2,016 -1,690
Net cash flow from investing activities   -139,106 -135,339
       
Cash flow from financing activities:      
Proceeds from non-current financing (liabilities)   80,000 107,424
Payments of non-current financing (liabilities)   -164,824 -104,220
Change in current financing (liabilities)   44,430 -80,961
Dividends paid 21 -90,000 -65,000
Net cash flow from financing activities   -130,394 -142,757
       
Change in cash as per the cash flow statement   -36,822 -62,421
       
Opening cash as per the cash flow statement   116,550 178,972
       
Closing cash as per the cash flow statement  19,20 79,729 116,550
Tilikauden 2016 rahavirta