Cash flow statement
for the year ended December 31, 2017
| Download XLS |
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(amounts in EUR) |
December 31, 2017 |
December 31, 2016 |
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Cash provided by operating activities |
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Profit after taxation |
2,353,807 |
10,832,032 |
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(-) (increase) in unrealised gains and losses on investments and forward foreign exchange contracts |
15,889,475 |
(5,429,237) |
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(-) decrease/(+) increase in receivables and other assets |
(774,115) |
(266,549) |
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(+) increase/(-) decrease in payables |
(479,568) |
(429,226) |
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Net cash provided by operating activities |
16,989,599 |
4,707,020 |
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Cash provided by financing activities |
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(+) proceeds from shares issued |
135,919,969 |
96,960,304 |
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(-) decrease from shares redeemed |
(109,466,153) |
(59,104,895) |
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(-) distributions paid to shareholders |
(2,661,982) |
(44,758) |
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Net cash provided by financing activities |
23,791,834 |
37,810,651 |
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Cash provided from investing activities |
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(-) acquisitions of financial assets |
(46,770,007) |
(47,989,006) |
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Net cash used by investing activities |
(46,770,007) |
(47,989,006) |
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Cash |
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Net increase/(decrease) in cash and cash equivalents |
(5,988,574) |
(5,471,335) |
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Cash at the beginning of the year |
59,865,838 |
65,337,173 |
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Cash at the end of the year |
53,877,264 |
59,865,838 |
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The (PDF:) accompanying notes form an integral part of these financial statements.
