Cash Flow


ITEM	ADP	2007	2008
A) Operating cash flows (053 to 064)	052	-154,755,765.00	304,598,311.00
Net income / loss after taxation	053	-1,683,049,041.00	-279,369,019.00
Costs which do not result in using funds
Depreciation	054	295,818,464.00	268,787,090.00
Expenses from written-off receivables	055
Operating cash flow
Increase/decrease in stocks	056	19,634,368.00	-1,472,201.00
Increase/decrease in receivables from purchases and minus written-off receivables	057	-386,966,277.00	3,239,275,104.00
Increase/decrease of receivables for advance payments	058	-1,197,847.00	1,068,545.00
Increase/decrease of other short-term receivables	059	-1,832,995.00	2,173,779.00
Increase/decrease of pre-paid expenses	060	-56,581,641.00	-27,131,827.00
Increase/decrease of liabilities to suppliers	061	1,729,833,593.00	3,065,638,077.00
Increase/decrease of liabilities for advance payments received	062		400,966.00
Increase/decrease of short-term liabilities	063	-168,646,374.00	53,487,465.00
Income tax
Increase/decrease accrued expenses	064	98,231,985.00	113,016,486.00
B) Cash flows from investments (ADP 066 to 069)	065	-191,932,077.00	78,315,457.00
Intangible and tangible investments	066	-938,178,419.00	-566,752,417.00
Increase/decrease of long-term investments	066	121,309,281.00	-102,030.00
Increase/decrease of long-term receivables	068
Increase/decrease of short-term financial investments	069
Increase/decrease of long term liabilities		624,937,061.00	645,169,904.00
NET INCREASE IN CASH FLOWS	070	-346,687,842.00	382,913,768.00

CASH IN THE BEGINNING OF THE YEARА	071	804,118,692.00	457,430,850.00

CASH AT THE END OF THE YEAR	072	457,430,850.00	840,344,618.00