|
VPS HOLDING ASA
|
GRUOP
|
|
2004
|
2003
|
2004
|
2003
|
| Cash flow from operations |
|
|
|
|
| Profit before tax |
70 419 231
|
16 012 240
|
90 250 721
|
23 196 625
|
| Loss on sales of fixed assets |
|
|
350 810
|
2 300 572
|
| Tax paid during the period |
(3 438)
|
(2 184)
|
-
|
(2 184)
|
| Ordinary depreciation |
|
|
23 525 249
|
33 235 962
|
| Change in receivables, customers |
|
|
(5 657 085)
|
(4 531 748)
|
| Change in accounts payable, suppliers |
(34 210)
|
34 210
|
(4 143 197)
|
7 657 584
|
| Change in loans to employees |
|
|
540 803
|
(516 567)
|
| Change in income from investment in subsidiaries |
(56 800 000)
|
(16 000 000)
|
|
|
| Change in other short-term liabilities |
2 390 241
|
|
10 081 813
|
(3 451 845)
|
| Change in other time-limited items |
(6 414)
|
|
4 741 836
|
2 741 382
|
| Net cash flow from operations |
15 965 410
|
44 266
|
119 690 950
|
60 629 781
|
|
|
|
|
|
| Inpayments fixed assets |
|
|
582 300
|
1 228 900
|
| Outpayments fixed assets |
|
|
(15 783 509)
|
(37 936 979)
|
| Outpayments relating to fixed assets |
|
|
(14 399 350)
|
(12 585 503)
|
| Outpayments investment in subsidiaries |
(15 000 000)
|
|
(15 000 000)
|
|
| Outpayments investment in jointly controlled activities |
|
|
(1 771 000)
|
-
|
| Net cash flow from financing activities |
(15 000 000)
|
-
|
(46 371 559)
|
(49 293 582)
|
|
|
|
|
|
| Change in long-term liabilities |
15 000 000
|
|
15 000 000
|
|
| Distribution of dividend |
(16 000 000)
|
|
(16 000 000)
|
-
|
| Net cash flow from financing activities |
(1 000 000)
|
-
|
(1 000 000)
|
-
|
|
|
|
|
|
| Net change in cash assets |
(34 590)
|
44 266
|
72 319 391
|
11 336 199
|
| Liquid assets at start of period |
1 052 101
|
1 007 835
|
77 552 589
|
66 216 390
|
|
|
|
|
|
| Liquid assets at end of period |
1 017 511
|
1 052 101
|
149 871 980
|
77 552 589
|
|
|
|
|
|
| Including tied-up funds amounting to |
|
|
4 308 394
|
3 466 851
|
