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Cash flow statement BWG Homes ASA

(NOK 1 000)
NOTE 
2009 2008
Earnings before tax 44 750 -103 301
 
Adjustments:
  Gains/losses on sale of non-current assets 11,12 0 -11
  Depreciation 11,12 242 148
  Net financial items -63 764 85 611
Interest paid 6 -32 959 -39 738
Tax paid 10 -2 670 -43 524
Change in other accruals 3 055 -451
Net cash flow from operating activities -51 346 -101 266
 
Purchase of property, plant & equipment 12 -749 -435
Sale of property, plant & equipment 12 0 300
Purchase of shares 0 -115
Interest received (incl. from subsidiaries) 5 1 779 5 237
Long-term loans to subsidiaries 9 0 -11 100
Change in short-term balances with subsidiaries 23 -15 739 -31 808
Net cash flow from investing activities -14 709 -37 921
 
Repayment of long-term debt 17 -20 000 0
Dividend paid 15 0 -132 000
Repayment of current debt 20 -16 684 0
Proceeds from new current debt 0 16 684
Group contributions from subsidiaries 0 243 468
New share capital 15 154 269 0
Change in long-term loans to subsidiaries 9 -3 677 0
Net cash flow from financing activities 113 908 128 151
 
Net change in bank deposits and cash 47 853 -11 036
 
Bank deposits and cash 47 853 -11 036
 
Bank deposits and cash 14 49 428 1 574