Triodos Bank’s Executive Board provides a perspective on the wider world it operates in, its impact and activity in 2017 and its prospects for the future.
Read our Executive Board Report here.
Consolidated Cashflow
Statement for 2017
| Download XLS |
|
|
|
|
||||
in thousands of EUR |
Reference1 |
2017 |
2016 |
||||
|
|
|
|
||||
|
|||||||
|
|
|
|
||||
Cashflow from operating activities |
|
|
|
||||
Net profit |
|
37,395 |
29,240 |
||||
Adjustments for: |
|
|
|
||||
• depreciation |
10,776 |
11,226 |
|||||
• value adjustments to receivables |
1,841 |
5,711 |
|||||
• value adjustments to participating interests |
–1,334 |
1,485 |
|||||
• value adjustments to participating interests |
–1,389 |
– |
|||||
• value adjustments and exchange rate differences on property and equipment |
427 |
2,534 |
|||||
• movements in provisions |
1,230 |
–85 |
|||||
• other movements in accrued and deferred items |
|
–14,885 |
21,995 |
||||
|
|
|
|
||||
|
|
|
|
||||
Cashflow from business operations |
|
34,061 |
72,106 |
||||
|
|
|
|
||||
Movement in government paper |
152,402 |
34,331 |
|||||
Movement in banks, deposits not on demand |
137,241 |
58,136 |
|||||
Movement in loans |
–891,404 |
–498,357 |
|||||
Movements in shares |
– |
45 |
|||||
Movement in banks, liabilities not on demand |
32,781 |
–8,216 |
|||||
Movement in funds entrusted |
697,268 |
742,056 |
|||||
Other movements from operating activities |
|
–1,324 |
–10,556 |
||||
|
|
|
|
||||
|
|
|
|
||||
Cashflow from operating activities |
|
161,025 |
389,545 |
||||
|
|
|
|
||||
Cashflow from investment activities |
|
|
|
||||
Investment in interest-bearing securities |
–244,749 |
–456,180 |
|||||
Disinvestment in interest-bearing securities |
562,320 |
427,362 |
|||||
Investment in participating interests |
–51 |
–3,572 |
|||||
Disinvestment in participating interests |
4,044 |
– |
|||||
Net investments in: |
|
|
|
||||
• intangible fixed assets |
–13,269 |
–12,639 |
|||||
• property and equipment |
–22,021 |
–5,884 |
|||||
|
|
|
|
||||
|
|
|
|
||||
Cashflow from investment activities |
|
286,274 |
–50,913 |
||||
|
|
|
|
||||
Cashflow from financing activities |
|
|
|
||||
Redemption in subordinated liabilities |
– |
–5,250 |
|||||
Increase in equity |
|
76,636 |
97,308 |
||||
Payment of cash dividend |
|
–4,338 |
–3,777 |
||||
Purchases of depository receipts for own shares |
|
– |
– |
||||
|
|
|
|
||||
|
|
|
|
||||
Cashflow from financing activities |
|
72,298 |
88,281 |
||||
|
|
|
|
||||
|
|
|
|
||||
Net cashflow |
|
519,597 |
426,913 |
||||
|
|
|
|
||||
Cash and cash equivalents at beginning of the year |
|
1,011,475 |
584,562 |
||||
|
|
|
|
||||
|
|
|
|
||||
Cash and cash equivalents at the end of the year |
|
1,531,072 |
1,011,475 |
||||
On demand deposits with central banks |
1,365,729 |
732,219 |
|||||
On demand deposits with banks |
165,343 |
279,256 |
|||||
|
|
|
|
||||
|
|
|
|
||||
Cash and cash equivalents at the end of the year |
|
1,531,072 |
1,011,475 |
||||
|
|
|
|
||||
Supplementary disclosure of the cashflow from operating activities |
|
|
|||||
Interest paid |
|
–28,885 |
–34,737 |
||||
Interest received |
|
182,796 |
176,878 |
||||
Tax on profit paid |
|
–12,852 |
–14,397 |
||||
Dividend received from investments |
|
186 |
179 |
||||
|
|
|
|
||||
