Consolidated cash flow statement

Consolidated cash flow statement for the period from January 1 to March 31, 2009

All figures in €‘000	1st Quarter 2009	1st Quarter 2008*
Cashflow from operating activities	55,707	89,934
Cashflow from investing activities	38,373	–15,222
Cashflow from financing activities	–	–11,480
Changes in cash and cash equivalents	94,080	63,232
Changes in cash and cash equivalents due to exchange rate movements	–	–
Cash and cash equivalents at the end of the period	132,527	100,408

All figures in €‘000	1st Quarter 2009	1st Quarter 2008*
Cashflow from operating activities	926	750
Cashflow from investing activities	–439	–47
Cashflow from financing activities	–	–
Changes in cash and cash equivalents	487	703
Changes in cash and cash equivalents due to exchange rate movements	-	–
Cash and cash equivalents at the end of the period	1,287	1,308
* Previous year‘s value adjusted. The adjustments are disclosed under note 3