Parent company cash flow statement

 

 TEUR  Note 2015  2014
Operating activities
Loss before tax -5 115  -2 577
Non-cash items  40  44 -903
Income tax paid 15 0
Cash flows from operating activities before changes in working capital    -5 056 -3 480
Working capital adjustments 3 358 126
Net cash flows from operating activities -1 698 -3 354
Investing activities  
Purchase of intangible assets  -50 -103
Investments in subsidiaries  -14 983 -35
Net cash flows from investing activities   -15 033 -138
Financing activities    
Paid in capital for issued warrants 370 0
Proceeds from borrowings 50 232 17
Loans to subsidaries -35 017 0
Net cash flows from financing activities   15 585 17
Net cash flow for the period    -1 146 -3 475
Cash and cash equivalents at 1 January 30 1 874 5 349
Cash and cash equivalents at 31 December 30  728 1 874