AGENCY STATEMENT OF CASH FLOWS
Note |
Year ended 31 December 2013 €'000 |
Year ended 31 December 2012 €'000 |
|
|---|---|---|---|
| Cash flow from operating activities | |||
| Bank interest received | 2 | 6 | |
| Board fees paid | (523) | (475) | |
| Rent paid | (997) | (750) | |
| Net reimbursement from NALML for expenses | 1,173 | 864 | |
| Net cash used in operating activities | (345) | (355) | |
| Cash flow from financing activities | |||
| Working capital loan to joint Special Liquidators | (511,130) | - | |
| Repayments of working capital loan to joint Special Liquidators | 511,130 | - | |
| Interest received on loan to joint Special Liquidators | 872 | - | |
| Loan from NALML4 | (511,130) | - | |
| Repayment of loan from NALML | 511,130 | - | |
| Interest paid on loan from NALML | (643) | - | |
| Net cash provided by financing activities | 229 | - | |
| Cash held at the beginning of the year | 16 | 1,268 | 1,623 |
| Net cash used in operating activities | (345) | (355) | |
| Net cash provided by financing activities | 229 | - | |
| Cash held at the end of the year | 16 | 1,152 | 1,268 |