Consolidated cash flow statement January 1, 1998/ June 30, 1998 Pro forma 1997/1998 Pro forma 1996/1997 Amounts x NLG 1,000 Operating result before depreciation transfer and signing on fees and players' result Adjustments for: Depreciation of tangible fixed assets and goodwill Movements in working capital (In)/decrease receivables prepayments and accrued income (In)/decrease stock In/(de)crease short-term liabilities accruals and deferred income Cash flow from operating activities (before depreciation transfer and signing on fees and players' result) Interest received and similar income Cash flow from operating activities Investments in transfer and signing on fees and other intangible fixed assets Investments in tangible fixed assets Investments in financial fixed assets Divestment of transfer and signing on fees Cash flow from investing activities Exchange rate and translation differences on cash Share capital paid-in Share issue Cash flow from financing activities Increase in cash (8 070) 2 010 (952) (357) (3 318) (10 687) 1 438 (9 249) (27 866) (1 812) 7 957 (21 721) 96 100 112 890 113 086 82 116 (12 683) 3 705 (809) (551) 10 087 (251) 3 607 3 356 (66 721) (7 937) 28 176 (46 482) 65 100 112 890 113 055 69 929 14911 2 054 22 521 18 500 57 986 3 423 61 409 (35 841) (13 192) (20 030) 14 272 (54 791) 1 739 1 739 357 Movement in cash Cash opening balance Increase in cash Cash closing balance 48 864 82 116 130 980 61 051 69 929 130 980 52 694 8 357 61 051 The cash flow statement has been prepared according to the indirect method. Cash consists of cash at bank and in hand and securities. 15

AJAX ARCHIEF

Jaarverslagen Ajax NV (vanaf 1997) | 1997 | | pagina 90