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