Cash flow statement

Consolidated statement of cash flows 2010
EUR x 1,000,000	2010	2009¹
Operating result	32.9	(31.5)
Depreciation of property, plant and equipment	23.5	25.7
Impairment of property, plant and equipment	(1.7)	7.4
Amortisation of intangible assets	4.1	4.0
Impairment of intangible assets	2.4	18.5
Result on disposal of property, plant and equipment and subsidiaries	(1.9)	(0.2)
Interest paid	(37.4)	(30.3)
Income tax paid	(8.1)	1.2
Change in provisions	(3.3)	(16.1)
Change in working capital	(16.5)	27.8
Net cash flow from operating activities	(6.0)	6.5

Purchase of property, plant and equipment	(27.0)	(16.9)
Purchase of intangible assets, other than by acquisition of subsidiaries	(1.4)	(0.7)
Proceeds from disposal of property, plant and equipment	9.8	2.8
Proceeds from disposal of subsidiaries	104.8	35.0
Change in discontinued operations	17.3	1.1
Interest received	0.2	0.1
Net cash used in investing activities	103.7	21.4

Dividend paid to third parties	(1.6)	(0.3)
Proceeds from new loans	196.2	109.9
Repayment of loans	(304.5)	(151.5)
Escrow disposal of Vlisco Group	(5.0)
Other changes in interest-bearing liabilities	22.0	18.6
Net cash used in financing activities	(92.9)	(23.3)

Change in cash and cash equivalents	4.8	4.6
Cash and cash equivalents at 1 January	14.1	9.4
Exchange rate differences on cash and cash equivalents	1.2	0.1
Cash and cash equivalents at 31 December	20.1	14.1

¹ De figures over 2009 have been adjusted due to the changed composition of discontinued operations