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