Statement of cash flow
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    Parent company Consolidated accounts
    21.02.19 21.02.18 21.02.19 21.02.18
Amounts in USD 000's Notes to 20.02.20 to 20.02.19 to 20.02.20 to 20.02.19
           
Cash flow from operating activities          
Profit/(loss) before tax   9,244 (34,720) 34,931 (107,686)
Tax paid 9 (997) (2,018) (4,252) (2,790)
Dividends received from subsidiaries   (26,221) (59,424) 0 0
Change in unrealised gain/(loss)    (18,860) 32,537 (90,472) 47,045
Loss from sales of equipment   0 0 (35) (115)
Depreciation, impairment and amortisation expenses 10, 11, 12 0 0 2,490 42,571
Change in pension obligations 16 92 41 (1,323) (1,838)
Pension defined benefit plan/pension cost paid   (79) (81) (331) (827)
Financial investments   36,240 (41,871) 73,460 7,260
Change in valuation due to change in exchange rates   2,792 35,012 1,961 2,450
Change in receivables and payables   5,205 (24,776) (2,298) (59,915)
Change in technical provisions and other accruals   (7,490) 33,136 24,319 79,177
           
Net cash flow from operating activities   (74) (62,163) 38,450 5,331
           
Cash flow from investment activities          
Dividends received from subsidiaries 3 26,221 59,424 0 0
Group contribution received from subsidiary 3 0 1,995 0 0
Purchase of intangible assets 10 0 0 (2,503) (23,039)
Purchase of equipment 12 0 0 (4,476) (1,848)
Purchase of property and plant 11 0 0 (891) (155)
Proceeds from disposal of equipment   0 0 344 197
           
Net cash flow from investment activities   26,221 61,419 (7,527) (24,845)
           
Cash flow from financial activities          
Borrowings   (20,839) (20,000) 0 0
Repayment of borrowings   6,314 0 0 0
           
Net cash flow from financial activities   (14,525) (20,000) 0 0
           
Net change in cash and cash equivalents   11,623 (20,745) 30,923 (19,515)
Cash and cash equivalents at beginning of year   52,235 72,979 152,265 171,780
Bank overdraft at beginning of year   0 0 0 0
           
Cash and cash equivalents at end of year   63,858 52,235 183,189 152,265