Access America 2007 Annual Report Download - page 42

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Reclassified
in thousand EUR 2007 2006
Net result of the period 52 500 55 862
Change in unearned premiums reserve 32 533 27 719
Change in claims and claim handling costs 19 196 19 718
Change in other technical reserves 880 6 045
Change in deferred acquisition costs (2 454) (620)
Change in deposits held by others under reinsurance business assumed (4 746) (688)
Change in deposits held under reinsurance business ceded (3) (2 234)
Change in accounts receivable / payable on reinsurance business (4 768) (11 027)
Change in loans and advances to banks and customers 111 575
Change in liabilities to banks and customers 9 781 1 775
Change in other receivables and liabilities (55 764) 11 581
Change in deferred tax assets / liabilities 219 (826)
Adjustments to reconcile amortization of goodwill 0 (36)
Depreciation and amortization expense 24 768 24 946
Other 4 888 1 866
Minority interests 1 937 1 271
Cash flow from operating activities 79 078 135 927
Change in securities available for sale (6 940) (20 089)
Acquisition of subsidiaries net of cash acquired (20 996) 149
Change in fixed tangible and intangible assets (27 382) (26 411)
Cash flow from investing activities (55 318) (46 351)
Dividend payouts (16 859) (24 653)
Other from shareholder equity and minority interests 150 (5 440)
Cash flow from financing activities (16 709) (30 093)
Change in cash and cash equivalents 7 051 59 483
Cash and cash equivalents at beginning of period 217 995 158 512
Cash and cash equivalents at end of period 225 046 217 995
Cash Flow Statement of Mondial Assistance Group
for the Financial Year 2007
Financial results
32