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2002
CASH FLOW STATEMENT
ATTICA ENTERPRISES S.A. - GROUP OF COMPANIES
CASH FLOW STATEMENT
FOR THE YEAR ENDED 31st DECEMBER 2002 |
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Cash flow from operations
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Amounts in Euro |
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Operating cash inflow
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Turnover (sales)
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318,610,210.90 |
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Sundry income
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156,613.14 |
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Extraordinary income
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45,611,046.10 |
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Prior year income
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511,828.71 |
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Interest income
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2,731,410.32 |
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Income from securities
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347,978.93 |
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Sale of securities
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21,019,685.26 |
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Less:
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Increase in debtors
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17,748,681.32 |
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Total operating cash inflow
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371,240,092.04 |
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Operating cash outflow
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Cost of sales
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200,355,204.44 |
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Administration expenses
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16,197,398.27 |
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Operation and distribution expenses
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40,841,843.62 |
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Other expenses
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46,243,339.87 |
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Increase in prepayments and accrued income
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2,550,042.69 |
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less:
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Deduction in inventories
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469,035.02 |
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increase in deferred income and accrued expenses
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17,404,187.21 |
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increase in current liabilities (except banks)
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8,141,080.26 |
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Total operation cash outflow
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280,173,526.40 |
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Tax cash outflow
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Income taxes
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356,714.92 |
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Deduction in liabilities due to taxes
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1,919,423.36 |
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Less:
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Increase in liabilities due to taxes
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0.00 |
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Total tax cash outflow
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2,276,138.28 |
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Cash flow from operations
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88,790,427.36 |
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Cash flow from investment activities
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Investment cash inflow
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Sale of intangible assets
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Sale of tangible assets
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222,974,111.42 |
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Deduction in participations
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Income from investment in subsidiaries
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1,297,895.92 |
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Total investment cash inflow
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224,272,007.34 |
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Investment cash outflow
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Increase in intangible assets
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96,737.49 |
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Increase in tangible assets
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456,368,227.05 |
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Increase in long term receivables
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1,075.72 |
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Increase in establishment expenses
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3,235,739.23 |
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Total investment cash outflow
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459,701,779.49 |
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Cash flow from investment activities
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-235,429,772.15 |
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Cash flow from financial activities
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Cash inflow
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Increase in long term liabilities
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297,434,146.90 |
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Increase in current liabilities (bank accounts)
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Total cash inflow
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297,434,146.90 |
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Cash outflow
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Deduction in short term liabilities (bank accounts)
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5,376,275.00 |
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Debit interest
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40,794,645.53 |
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Dividend paid
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5,726,130.90 |
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Director's fees from net profit
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200,300.00 |
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Total cash outflow
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52,097,351.43 |
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Cash flow from financial activities
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245,336,795.47 |
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GROUP CASH FLOW
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98,697,450.68 |
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PLUS: CASH AND BANKS 1/1/2002
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51,777,033.02 |
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CASH AND BANKS 31/12/2002
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150,474,483.70 |
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Voula , 14 February, 2003
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En
Gr
