| CASH FLOW FROM OPERATING ACTIVITIES | | |
| Income before taxes | 14,895 | -35,753 |
| Adjusted for: | | |
| 13, 15 | Depreciation and impairment of tangible and intangible assets | 60,084 | 55,079 |
| 13, 15 | Result on sale of tangible and intangible assets | 668 | 141 |
| 6 | Result on disposal of subsidiary | -400 | 4,339 |
| 10 | Financing expenses | 32,197 | 38,560 |
| 11 | Financial income | -3,998 | -2,047 |
| 8 | Share plan expenses processed via capital and reserves attributable to equity holders | 1,064 | -183 |
| Currency translation differences | 205 | -91 |
| 24, 25 | Change in pension-related liabilities and other provisions | -9,581 | -8,492 |
| 24 | Change in non-current assets | 1,034 | -1,548 |
| Changes in working capital: | | |
| - trade and other receivables | -53,838 | 253,061 |
| - trade and other payables | 106,084 | -63,104 |
| | | |
| Cash flow from operating activities | 148,414 | 239,962 |
| | | |
| Income tax paid | -42,845 | -13,645 |
| | | |
| Net cash flow from operating activities | 105,569 | 226,317 |
| | | |
| CASH FLOW FROM INVESTMENT ACTIVITIES | | |
| 6 | Acquisition of subsidiaries | - | -9 |
| 13 | Net investments in property, plant and equipment | -7,417 | -5,249 |
| 15 | Net investments in intangible assets | -22,463 | -13,553 |
| 6 | From disposal of subsidiary | - | -1,309 |
| 6 | From disposal of associates | 900 | - |
| 17 | Payments on/proceeds from borrowings and guarantee deposits | -779 | 116 |
| | | |
| Net cash flow from investment activities | -29,759 | -20,004 |
| | | |
| CASH FLOW FROM FINANCING ACTIVITIES | | |
| 21 | Proceeds from issuance of shares | 84,785 | 271 |
| 28 | Payments on derivatives | -10,512 | -9,008 |
| 23 | Proceeds from borrowings | 120 | 169 |
| 23 | Repayments of borrowings | -146,646 | -237,940 |
| Interest paid | -14,173 | -19,108 |
| Interest received | 1,357 | 2,135 |
| Dividends paid to minority interest holders | -78 | -147 |
| | | |
| Net cash flow from financing activities | -85,147 | -263,628 |
| | | |
| DECREASE / INCREASE IN CASH AND CASH EQUIVALENTS | -9,337 | -57,315 |
| | | |
| CHANGE IN CASH AND CASH EQUIVALENTS | | |
| Bank overdrafts and cash and cash equivalents as at 1 January | 24,404 | 81,719 |
| Decrease / increase in cash and cash equivalents | -9,337 | -57,315 |
| | | |
| 20 | BANK OVERDRAFTS AND CASH AND CASH EQUIVALENTS AS AT 31 DECEMBER | 15,067 | 24,404 |