Cash flow statement 2002
The cash flow statement has been prepared according to the
indirect method. This statement shows the source of liquid
funds and how these funds have been applied. The cash flows
are split into those arising from operating, investment and
banking activities. Liquid funds include cash balances and
demand deposits held with other banks and deposits held with
central banks.
(x 1,000)
2001
Group profit
38,577
29,414
Adjustments to group profit:
depreciation
869
773
movements in provisions
18
(2,451)
movements in prepayments and accrued income
(2,842)
336
movements in accruals and deferred income
37,201
6,230
short-term government paper
100,000
0
loans
68,122
(460,335)
interest-bearing securities
(39,575)
(150,000)
banks
(87,543)
520,951
funds entrusted
154,491
45,558
debt securities
(10,000)
17,500
subordinated debt
12,000
500
other assets and liabilities
13
(968)
NET CASH FLOW FROM BANKING ACTIVITIES
271,331
7)508
Purchase of shares
(3)
(2)
Investments in participating interests
0
(5)
Sale of investments in participating interests
Other movements in participating interests:
31
10
result on participating interests and exchange differences
Property and equipment:
(64)
(69)
purchases/investments
(784)
(1,147)
sales
15
0
NET CASH FLOW FROM INVESTMENT ACTIVITIES
(805)
(1,213)
Other movements:
payment and reservation of dividend
consequences of changes in accounting principles
(61,798)
0
(amortisation of arrangement fees)
0
(6,193)
(61,798)
(6,193)
Cash flow
208,728
102
Liquid assets as at 1 January
22,380
22,278
Liquid assets as at 31 December
231,108
22,380
Movement in liquid assets
(208,728)
(102)
