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Consolidated statement of cash flows

in thousand EUR   Notes   2019   2018
Net cash flow from operating activities            
Profit/(loss) for the period       7 973   –1 717
Income taxes (income)/expenses   29    3 638   661
Interest expenses   9    2 509   2 185
Dividend income on non-current financial assets   9    –42   –175
Profit/(loss) for the period before interest and tax       14 078   954
Depreciation, amortization and impairment   8    4 494   3 416
Value adjustment on non-current assets   9 / 18    –576  
(Profit)/loss on sale of non-current assets   18    –495   –24
Share of (profit)/losses of associates   14    –438   –270
Disposal of financial liabilities as a result of forgiveness       –66  
Changes in provisions   27    –560   356
Increase obsolence reserve on inventories   15    1 235   260
Change in fair value of biological assets   12    –13 455  
Other non-cash items       –73   476
Operating cash flow before working capital changes       4 143   5 167
Decrease/(increase) in trade and other receivables   17    943   –1 021
Decrease/(increase) in inventories   15    –3 210   –978
Decrease/(increase) in prepayments   16    812   –196
Increase/(decrease) in trade payables and other liabilities   19    1 288   796
Income tax (paid)/received   29    –170   –460
Net cash flow operating activities       3 806   3 307
 
Cash flow from investing activities
Purchase of intangible assets   13    –53   –5
Proceeds from sale of property, plant and equipment   7 / 10    950   25
Purchase of property, plant and equipment   10    –5 691   –3 935
Proceeds from disposal of other non-current assets       27   314
Purchase of other non-current assets       –161   –35
Increase/(decrease) in recoverable taxes       –23   –81
Dividends received on investment in associates   14    259   140
Dividends received on non-current financial assets   9    42   35
Net cash flow investing activities       –4 650   –3 542
 
Cash flow from financing activities
Proceeds from borrowings   20    7 796   4 676
Repayment of borrowings   20    –5 668   –2 677
Interests paid       –1 426   –1 121
Interest expenses on leases   22    –65  
Payment of principal portion of lease liabilities   22    –86  
Net cash flow financing activities       552   878
             
Increase/(decrease) in cash and cash equivalents       –292   642
Translation effect on cash       72   20
Cash and cash equivalents, at the beginning of the year       2 798   2 136
Total Cash and cash equivalents, at the end of the year       2 578   2 798