Consolidated cash flow statement

Operating activities

Result for the year after tax

(656)

(12)

Adjustments to reconcile result after tax to net cash flow from operating activities

Unrealised result

11

863

218

Depreciation of property, plant and equipment

14, 17

2

2

Amortisation of financing costs

10

4

3

Provisions

24

-

-

Lease liabilities

23

-

-

Interest expense

10

52

39

Amortisation of income derivatives

13

(1)

(1)

Result on property sales

8

(10)

(6)

910

255

Working capital adjustments

8

3

Net cash flow from operating activities

262

246

Investing activities

Capital expenditure in investment property

15

(63)

(59)

Proceeds from sale of investment property

15

49

53

Capital expenditure on intangible fixed assets

-

-

Capital expenditure on property, plant and equipment

17

-

-

Capital expenditure on financial fixed assets

18

-

-

Capital expenditure on participations

18

-

-

Capital expenditure on investment property under construction

16

(239)

(137)

Net cash flow from investing activities

(253)

(143)

Financing activities

Loans drawn

22

3,827

1,586

Financing costs

22

-

-

Loan repayment

22

(3,525)

(1,505)

Equity issued

21

117

-

Equity redemption

21

(167)

(50)

Distribution paid

21

(199)

(195)

Interest paid

(48)

(36)

Settlement pre-hedge contracts

14

-

-

Buy-off landlease

23

(20)

-

Income tax paid

(1)

(1)

Net cash flow from financing activities

(16)

(200)

Total net cash flow

(7)

(98)

Net increase/decrease in cash and cash equivalents

(7)

(98)

Cash and cash equivalents at the beginning of the period

20

11

109