Cash flow statement
| 1 January – 31 December 2018 | 1 January – 31 December 2017 | |
| Cash flow from business operations: | ||
| Profit (loss) before extraordinary items (+/–) | -671,752.61 | 221,029.48 |
| Adjustments to operating profit (+/–): | ||
| Depreciation according to plan | 88,909.60 | 52,361.23 |
| Financial income and expenses | -13,696.20 | -17,542.34 |
| Operating cash flow before change in working capital | -596,539.21 | 255,848.37 |
| Change in working capital: | ||
| Increase/decrease in interest-free short-term receivables | 1,512,371.01 | -21,634.34 |
| Increase/decrease in interest-free short-term liabilities | 130,346.75 | -81,668.03 |
| Cash flow from operating activities before financial items and taxes | 1,046,178.55 | 152,546.00 |
| Interest and other financial expenses paid for operating activities | -1,883.96 | -1,291.13 |
| Interest received from operating activities | 15,580.16 | 18,833.47 |
| Direct taxes paid (–) | 99.06 | -36,738.95 |
| Cash flow before extraordinary items | 1,059,973.81 | 133,349.39 |
| Cash flow from business operations (A) | 1,059,973.81 | 133,349.39 |
| Cash flow from investments: | ||
| Investments in tangible and intangible assets (–) | -174,707.76 | -113,572.92 |
| Cash flow in investing activities (B) | -174,707.76 | -113,572.92 |
| Cash flow from financing activities: | ||
| Return of guarantees | 0.00 | 0.00 |
| Cash flow from financing activities (C) | 0.00 | 0.00 |
| Change in cash and cash equivalents (A+B+C) increase (+) / decrease (–) | 885,266.05 | 19,776.47 |
| Cash and cash equivalents at the beginning of period | 15,777,045.33 | 15,757,268.86 |
| Cash and cash equivalents at the end of period | 16,662,311.38 | 15,777,045.33 |
| 885,266.05 | 19,776.47 |
Read next: Notes to the financial statements