Separate statement of cash flows
| in PLN thousand | Note | For the year ended 31 December 2018 |
For the year ended 31 December 2017 |
|---|---|---|---|
| current period | previous period (transformed data) |
||
| A. Cash flows from operating activities | |||
| I. Profit before tax | 90 372 | 117 908 | |
| II. Adjustments for: | |||
| 1. Depreciation and amortization | 4 | 103 820 | 102 835 |
| 2. (Profit)/loss on disposal of property, plant and equipment | (55) | (2 377) | |
| 3. Interest and dividends | (23 755) | (33 143) | |
| 4. Other adjustments | 30d | (3 443) | (228) |
| 5. Change in receivables | 30a | 3 102 | 1 909 |
| 6. Change in inventories | (11 748) | (4 140) | |
| 7. Change in short-term and other liabilities, except for loans and borrowings | 30b | (12 965) | 10 442 |
| 8. Change in employee benefits | 571 | 96 | |
| 9. Income tax (paid)/received | (11 705) | 966 | |
| III. Net cash from operating activities | 134 194 | 194 268 | |
| B. Cash flows from investing activities | |||
| I. Investment inflows | 26 963 | 44 387 | |
| 1. Proceeds from disposal of intangible and tangible fixed assets | 1 880 | 9 173 | |
| 2. Dividends received | 25 083 | 35 214 | |
| II. Investment outflows | (89 722) | (65 701) | |
| 1. Purchases of intangible assets and property, plant and equipment | 30c | (89 722) | (65 701) |
| III. Net cash used in investing activities | (62 759) | (21 314) | |
| C. Cash flows from financing activities | |||
| I. Financial inflows | - | 1 941 | |
| 1. Grants received | - | 1 941 | |
| II. Financial outflows | (66 366) | (124 928) | |
| 1. Dividends and other payments to shareholders | 23 | (40 230) | (98 042) |
| 2. Repayment of loans and borrowings | (24 750) | (24 750) | |
| 3. Interest paid | (1 319) | (2 058) | |
| 4. Lease payments | (67) | (78) | |
| III. Net cash from financing activities | (66 366) | (122 987) | |
| D. Total net cash flows | 5 069 | 49 967 | |
| E. Net change in cash and cash equivalents | 5 069 | 49 967 | |
| F. Cash and cash equivalents at the beginning of the period | 21 | 130 059 | 80 092 |
| G. Cash and cash equivalents at the end of the period | 21 | 135 128 | 130 059 |
