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Investor Presentaiton

nuuday Management review Financial statements Section 1 Section 2 Section 3 Section 4 Section 5 Section 6 Parent company Statements § Accounting policies Cash flow from operating activities is presented using the indirect method and is based on profit before interest, taxes, depreciation, amortisation and special items adjusted for non-cash operating items, cash flow related to special items, changes in working capital, interest received and paid as well as income taxes paid. Cash flow from investing activities comprises acquisitions and divestments of enterprises, purchases and sales of intangible assets, property, plant and equipment as well as other non-current assets. Cash flow from acquired enter- prises are recognised from the time of acquisition, while cash flows from enter- prises divested are recognised up to the time of divestment. Cash flow from financing activities com- prises changes in interest-bearing debt, lease instalments and dividends to share- holders. Cash and cash equivalents cover cash and marketable securities with a remain- ing life not exceeding three months at the time of acquisition, and with an insig- nificant risk of changes in value. The cash flow statement cannot be derived solely from information pre- sented in the financial statements. 5.1 Change in working capital (DKKm) Change in inventories Change in receivables Change in contract assets Change in trade payables Change in contract liabilities Change in prepaid expenses Change in other items, net Total 5.2 Investment in enterprises In 2022, Nuuday insourced IT- and other activities from the parent company TDC Holding A/S. The net cash flow on the acquisition amounted to DKK 51m. The acquisition had no significant impact on the income statement for 2022. 2022 2021 (35) (52) (85) 199 (114) (73) (187) 914 29 (27) 5 (53) (25) (412) (95) 813 Nuuday Annual Report 2022 75
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