Cash flows (x € 1,000)

At € 2.9 million, the cash flow from investing activities was relatively low (2017: € 8.6 million), mainly due to the relatively low level of investment in the 2018 financial year. On the other hand, the cash flow from financing activities was, at € 9.3 million, € 8.2 million higher than in 2017. This increase is primarily (€ 4.4 million) attributable to short-term bank debt, which rose sharply in 2017 and then declined in 2018 because of the positive cash flow. On balance, the total cash flow rose by € 0.2 million against the background of a negative cash flow of € 7.4 million in 2017 due to investments in, among other things, tangible fixed assets and working capital.

The financial position and the operating cash flow are adequate to continue the activities without additional financing. Roto B.V. complies amply with the agreements made with the credit institution.

Expansion of the Staco Polska factory

Cash flows (x € 1,000)

At € 2.9 million, the cash flow from investing activities was relatively low (2017: € 8.6 million), mainly due to the relatively low level of investment in the 2018 financial year. On the other hand, the cash flow from financing activities was, at € 9.3 million, € 8.2 million higher than in 2017. This increase is primarily (€ 4.4 million) attributable to short-term bank debt, which rose sharply in 2017 and then declined in 2018 because of the positive cash flow. On balance, the total cash flow rose by € 0.2 million against the background of a negative cash flow of € 7.4 million in 2017 due to investments in, among other things, tangible fixed assets and working capital.

The financial position and the operating cash flow are adequate to continue the activities without additional financing. Roto B.V. complies amply with the agreements made with the credit institution.

Expansion of the Staco Polska factory