Cash flow statement
| 1 January to 31 December 2022 | 1 January to 31 December 2021 | |
| Cash flow from business operations: | ||
| Profit (loss) before extraordinary items (+/–) | –337,693.01 | –1,251,791.88 |
| Adjustments to operating profit (+/–): | ||
| Depreciation according to plan | 43,028.51 | 41,883.98 |
| Financial income and expenses | 279,088.55 | –292,262.21 |
| Other adjustments | 74,458.00 | 19,446.67 |
| Operating cash flow before change in working capital | 58,882.05 | –1,482,723.44 |
| Change in working capital: | ||
| Increase/decrease in interest-free short-term receivables | –2,646,651.84 | –10,197,866.99 |
| Increase/decrease in interest-free short-term liabilities | –1,698,433.12 | 14,859,267.06 |
| Cash flow from operating activities before financial items and taxes | –4,286,202.91 | 3,178,676.63 |
| Interest and other financial expenses paid for operating activities | –454,246.94 | –4,026.92 |
| Interest received from operating activities | 175,158.39 | 296,289.13 |
| Direct taxes paid (–) | 0.00 | 0.00 |
| Cash flow from business operations (A) | –4,565,291.46 | 3,470,938.84 |
| Cash flow from investments: | ||
| Investments in tangible and intangible assets (–) | -40,890.67 | 0.00 |
| Cash flow from investments (B) | -40,890.67 | 0.00 |
| Cash flow from financing activities: | ||
| Dividends paid and other distribution of profits (–) | 0.00 | 0.00 |
| Cash flow from financing activities (C) | 0.00 | 0.00 |
| Change in cash and cash equivalents (A+B+C) increase (+) / decrease (–) | –4,606,182.13 | 3,470,938.84 |
| Cash and cash equivalents at the beginning of period | 12,511,916.00 | 9,040,977.16 |
| Cash and cash equivalents at the end of period | 7,905,733.87 | 12,511,916.00 |
| –4,606,182.13 | 3,470,938.84 |
Read next: Notes to the financial statements
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