WindarPhotonics AnnualReport 2018 All - Flipbook - Page 46
Company Cash Flow Statement
For the year ended 31 December 2018
Year ended
31 December
2018
Notes
€
Loss for the period before taxation
Adjustments for:
Finance Income
Foreign exchange difference
Share option and warrant costs
Movements in working capital
Changes in receivables
Changes in prepayments
Changes in loans to subsidiary entity
Changes in trade payables
Changes in other payables and provisions
Cash flow
from operations
Investing activities
Additional investment in subsidiary undertaking
16
Cash flow from investing activities
Financing activities
Proceeds from issue of share capital
Costs associated with the issue of share capital
Foreign exchange losses
Cash flow from financing activities
Net increase/(decrease) in cash and cash equivalents
Cash and cash equivalents at the beginning of the year
Cash and cash equivalents
at the end of the year
21
The notes on pages 47 to 72 form part of these financial statements.
44
Windar Photonics - Annual Report and Accounts 2018
Year ended
31 December
2017
€
(284,906)
(414,017)
(18,065)
26,443
(33,553)
59,028
235,416
(276,528)
(153,126)
(523)
647
(680,259)
28,970
(927,693)
8,742
13,924
570,491
38,720
(78,209)
400,542
(1,339,172)
(1,746,162)
(1,339,172)
(1,746,162)
2,500,877
(193,199)
-
1,443,605
(109,540)
(59,028)
2,307,678
40,813
180,727
221,540
1,275,037
(70,583)
251,310
180,727