Statement of cash flows

At December 31

 

Notes

2022

2021

Cash from operating activities

   

Inflows

   

Interest received on loans

 

563

96

Repayments on loans

 

1,501

-

Dividends and fees received

 

5

4

Other received amounts

 

1

-

Outflows

   

Interest banks

 

-63

-64

Disbursements on loans

(3)

-8,752

-3,807

Investments in equity instruments

(5)

-

-

Direct Personnel costs

 

-1,415

-1,440

Other direct project costs

 

-411

-331

Overhead / indirect costs

 

-7

-7

Other paid amounts

 

-76

-20

Net cash from operating activities

 

-8,654

-5,569

    

Cash flow financing activities

   

Inflows

   

Contribution DGIS current year

 

53,000

35,000

Outflows

   

Contibution to Partners

 

-39,356

-14,784

Net cash from financing activities

 

13,644

20,216

    

Net change in cash & cash equivalent

 

4,990

14,647

Position of cash at January 1 1)

 

23,988

9,131

Foreign exchange translation

 

108

210

Position of cash at end of period 1)

 

29,086

23,988

  • 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