EFTA00604948.pdf

Gateway Scandinavia Annual Cash Flow Statement FY2015 FY2017 FY20113 FY2019 FY2020 FY2021 Beginning Cash Balance - kr 600 000 kr 1 001 727 kr 2 803 941 kr 4 777 038 kr 6 444 643 kr Operating Activities Net Income - kr 1 280 477 kr 2 592 047 kr 3 328 138 kr 4 346 813 kr 4 937 619 kr Change in NR - kr • 383 750 kr • 195 833 kr • 161 042 kr • 235 208 kr - 135 625 kr Change in NP • kr - kr • kr • kr - kr • kr Total Operating Activities • kr 896 727 kr 2 396 214 kr 3 167 096 kr 4 111 605 kr 4 801 994 kr Investing Activities New Capital Purchases (CapEx) - kr 195 000 kr • kr • kr 50 000 kr • kr Depreciation - kr • kr 6 000 kr 6 000 kr 6 000 kr 6 000 kr Additional Inventory Purchaser - kr • kr • kr • kr - kr • kr Total Investing Activities - kr 195 000 kr 6 000 kr 6 000 kr 44 000 kr 6 000 kr Financing Activities Increase in Equity/Grant Financing 600 000 kr - kr • kr • kr • kr - kr Change in Debt • kr • kr • kr - kr • kr Dividends Dispersed 300 000 kr 600 000 kr - I 200 000 kr - 2 400 000 kr 3000 000 kr Interest Payments - kr • kr - kr - kr • kr Total Financing Activities 600 000 kr - 300 000 kr - 600 000 kr - 1 200 000 kr - 2 400 000 kr - 3 000 000 kr Cash Flow 600 000 kr 401 727 kr 1 802 214 kr 1 973 096 kr 1 667 605 kr 1 807 994 kr Ending Cash Balance 600 000 kr 1 001 727 kr 2 803 941 kr 4 777 038 kr 6 444 643 kr 8 252 637 kr NPV Calculation Discount Rate: 25,00% NPV: 3 760 519 kr EFTA00604948