Cash Flow Statement

Note:

Sum of income and expenses

500,277

1,917,163

Adjustments for:

Depreciation

(1)

186,843

170,966

Book result on disposal of fixed assets

-

-

Interest

(21)

(43,224)

(384)

Realised exchange rate losses (gains)

63,295

78,853

Changes in provisions

(6)

4,202

549,147

Changes in receivables

(3)

(4,649,241)

(1,015,194)

Changes in short term liabilities

(8)

4,049,482

3,548,583

Adjustment for results in participating interests

(2)

1,950

22,763

Cash flow from operations

(386,693)

3,354,734

Interest received

43,224

384

Cash flow from operating activities

156,808

5,272,281

Investments in intangible fixed assets

-

-

Investments in tangible fixed assets

(1)

(223,751)

(47,193)

Investments in financial fixed assets

-

-

Divestments of tangible fixed assets

-

-

Cash flow from investing activities

(223,751)

(47,193)

Changes in long term liabilities

(7)

130,988

(6,303)

Cashflow form financial activities

Net Cash flow

64,045

5,218,785

Foreign exchange rate gains / (losses) on cash and cash equivalents

(63,295)

(78,853)

Change in cash and cash equivalents

750

5,139,932

2023

2022

Changes in cash

Position as at January 1

15,416,235

10,276,303

Changes in the financial year

750

5,139,932