Cash Flow Statement
In EUR thousands
01.01.12- 01.01.11- Cash flows from operating activities 31.03.12 31.03.11
| Profit/loss before income tax | 16,058 | 14,121 |
| Adjustments for | ||
| Depreciation, amortisation and impairment | 5,703 | 5,165 |
| Total netchange of current assets | -2,251 | 3,575 |
| Total netchange in liablilities related to operating activities | -7,070 | -4,829 |
| Other adjustments | 1,377 | 360 |
| NET CASH USED IN OPERATING ACTIVITIES | 13,817 | 18,392 |
Cash flows from investing activities
| Purchases of property, plant and equipment, and intangible assets | -15,498 | -8,108 |
| Foreign grants to acquire non-current assets | 54 | 0 |
| Net change in deposits at banks with maturities of more than 3 months | -18,000 | 0 |
| Proceeds from sale of property, plant and equipment | 22 | 0 |
| NET CASH USED IN INVESTING ACTIVITIES | -33,422 | -8,108 |
Cash flows from financing activities
| Net increase/(decrease) in cash and cash equivalents | -19,606 | 10,284 |
| Cash and cash equivalents at the beginning of the quarter | 23,550 | 40,064 |
| Cash and cash equivalents at the end of the quarter | 3,944 | 50,348 |