Consolidated Cash Flow Statement
InVision AG, 31 December 2014 IFRS, in Euro
| 1 Jan - 31 Dec 2014 | 1 Jan - 31 Dec 2013 | |
|---|---|---|
| 1. Cash flow from operating activities | ||
| Consolidated net loss/profit | 4,203,085 | 1,551,542 |
| + Depreciation and amortisation of fixed assets | 379,156 | 306,046 |
| -/+ Profits/losses from the disposal of intangible and tangible assets | -85,005 | 5,843 |
| -/+ Decrease/increase in provisions | -518,753 | 332,367 |
| - Increase in deferred taxes | -73,670 | -71,660 |
| -/+ Other non-cash income/expenses | -75,444 | 202,613 |
| -/+ Increase/decrease in inventories and trade receivables | -458,773 | 1,270,865 |
| -/+ Increase/decrease in other assets and prepaid expenses | -43,664 | 97,394 |
| -/+ Increase/decrease in income tax claims/liabilities | -127,606 | 524,753 |
| -/+ Increase/decrease in trade payables | -183,792 | 6,168 |
| -/+ Increase/decrease in other liabilities and deferred income | 73,218 | -1,199,938 |
| Cash flow from operating activities | 3,088,752 | 3,025,993 |
| 2. Investing activities | ||
| - Payments made for investments in tangible fixed assets | -6,332,005 | -50,431 |
| - Payments made for investments in intangible assets | -16,645 | -11,378 |
| - Payments made for investments in securities | -1,000,000 | 0 |
| + Payments received from the disposal of intangible and tangible assets | 150,478 | 0 |
| + Increase in cash and cash equivalents due to changes in group consolidation | 11 | 0 |
| Cash flow from investing activities | -7,198,161 | -61,809 |
| 3. Financing activities | ||
| + Additions to long-term financing liabilities | 4,000,000 | 0 |
| - Payments made in order to repurchase the Company’s outstanding shares | -228,330 | -875,094 |
| + Payments received from equity contributions (issuance of Company’s shares) | 4,695,604 | 0 |
| - Payments made to shareholders of InVision AG | -5,587,500 | 0 |
| Cash flow from financing activities | 2,879,774 | -875,094 |
| Change in cash and cash equivalents | -1,229,635 | 2,089,090 |
| Effect of foreign exchange rate changes on cash and cash equivalents | 41,453 | -3,212 |
| Cash and cash equivalents at the beginning of the period | 4,575,878 | 2,490,000 |
| Cash and cash equivalents at the end of the period | 3,387,696 | 4,575,878 |