Statement of Cash Flows
For the year ended 31 December
| Note | 2015 €'000 |
2014 €'000 |
|
|---|---|---|---|
| Cash flows from operating activities | |||
| Net Income/Expenditure | - | - | |
| Depreciation of fixed assets | 11 | 1,707 | 1,405 |
| Profit on disposal of fixed assets | (49) | (32) | |
| (Increase) / Decrease in receivables | 12, 13 | (3,877) | 3,285 |
| (Increase / (Decrease) in payables | 14 | 7,126 | (4,987) |
| Decrease in deferred income | 15 | (469) | (469) |
| Capital funding | 16 | 920 | 1,194 |
| Amortisation of capital funding | 16 | (1,711) | (1,439) |
| Net cash inflow from operating activities | 3,647 | (1,043) | |
| Cashflows from investing activities | |||
| Payments to acquire fixed assets | 11 | (920) | (1,194) |
| Proceeds from sale of fixed assets | 53 | 66 | |
| Net cash outflows from investing activities | (867) | (1,128) | |
| Increase / (decrease) in cash at bank | 2,780 | (2,171) | |
| Cash at bank at 1 January | 1,009 | 3,180 | |
| Cash at bank at 31 December | 3,789 | 1,009 |