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Consolidated flow of funds statement

in € thousand 2015  2014 
     
Income (loss) from operations (EBIT) 8,166 6,228
     
Adjustments to reconcile income (loss) from operations to cash flows from operating activities    
Depreciation, amortisation and impairment charges 7,435 7,225
(Gain) loss from disposal of property, plant and equipment (12) (35)
Taxes paid (1,073) (1,778)
     
Changes in assets and liabilities from operating activities    
Change in trade accounts receivable (10,756) (476)
Change in inventories (222) 38
Change in other receivables and other assets 603 730
Change in trade accounts payable 862 8,616
Change in other liabilities 32 1,743
Change in accrued expenses 677 290
Change in other operating assets/liabilities (net) (171) (235)
Net cash provided by operating activities  5,541  22,243
     
Purchase of intangible assets and property, plant and equipment (4,793) (6,514)
Proceeds from the sale of intangible assets and property, plant and equipment 265 1,674
Dividends received 0 0
Purchase of noncontrolling interests (175) (13)
Proceeds from the sale of subsidiaries 0 0
Net change in financial receivables 1,341 1,634
Interest received 494 880
Net cash used in investing activities  (2,868)  (2,338)
     
Proceeds from (repayment of) borrowings (444) (2,539)
Dividends paid to noncontrolling interests (49) (129)
Net change in other financial liabilities (473) (1,916)
Interest paid (3,378) (4,293)
Net cash used in financing activities  (4,344)  (8,877)
     
Effect of exchange rate changes and changes in the scope of consolidation on cash and cash equivalents 1 (4)
Change in cash and cash equivalents  1,670  11,024
Cash and cash equivalents at the beginning of period 16,003 4,979
Cash and cash equivalents at the end of period 14,333 16,003