Statement of cash flows

At December 31

 

Notes

2020

2019

Cash from operating activities

   

Inflows

   

Other received amounts

 

5

-

Outflows

   

Disbursements on loans

(3)

-3,412

-

Investments in equity instruments

(4)

-6,633

-

Direct Personnel costs

 

-1,442

-215

Other direct project costs

 

-243

-49

Overhead / indirect costs

 

-7

-107

Accrued Costs

 

-169

-

Interest banks

 

-112

-17

FX results

 

-259

-

Net cash from operating activities

 

-12,272

-388

    

Cash flow financing activities

   

Inflows

   

Contribution DGIS current year

 

7,000

38,928

Outflows

   

Contibution to Partners

 

-24,137

-

Net cash from financing activities

 

-17,137

38,928

    

Net change in cash & cash equivalent

 

-29,409

38,540

Position of cash at January 1 1)

 

38,540

-

Position of cash at end of period 1)

 

9,131

38,540

  • 1 Cash includes the current account with FMO. FMO makes payments on behalf of the Fund and therefore is this current account comparable to cash accounts used for payments with FMO