EUR million | 1-3/2015 | 1-3/2014 | 1-12/2014 |
Cash flow from operating activities | | | |
| | Profit for the period | 48.1 | 28.7 | 110.8 |
| | Adjustments | -2.3 | 15.8 | 61.7 |
| | Change in net working capital | 0.1 | 0.8 | 2.1 |
| | Interest paid | -12.2 | -12.7 | -45.2 |
| | Interest received | 0.2 | 0.3 | 1.0 |
| | Other financial items | -0.2 | -0.1 | -0.2 |
| | Taxes paid | -3.4 | -2.5 | -18.4 |
Net cash flow from operating activities | 30.4 | 30.3 | 111.7 |
| | | | | |
Cash flow from investing activities | | | |
| | Acquisition of investment properties | -48.3 | -32.3 | -200.3 |
| | Acquisition of property, plant and equipment and intangible assets | -0.1 | -0.1 | -0.3 |
| | Proceeds from sale of investment properties | 3.2 | 2.7 | 26.4 |
| | Proceeds from sale of tangible and intangible assets | | | 0.0 |
| | Proceeds from sale of associated companies | | | 0.6 |
| | Purchases of financial assets | -1.0 | -8.4 | -13.2 |
| | Proceeds from sale of financial assets | 3.7 | 7.3 | 11.7 |
| | Repayments of non-current receivables | 0.0 | 0.0 | 0.1 |
| | Interest and dividends received on investments | 0.2 | 0.6 | 1.1 |
Net cash flow from investing activities | -42.3 | -30.1 | -173.8 |
| | | | | |
Cash flow from financing activities | | | |
| | Non-current loans, raised | 47.8 | 57.8 | 124.2 |
| | Non-current loans, repayments | -46.6 | -11.5 | -60.9 |
| | Current loans, raised | 54.8 | 42.2 | 197.4 |
| | Current loans, repayments | -49.9 | -51.9 | -198.1 |
| | Dividends paid | | | -16.3 |
Net cash flow from financing activities | 6.1 | 36.7 | 46.3 |
| | | | | |
Change in cash and cash equivalents | -5.8 | 36.9 | -15.8 |
Cash and cash equivalents in the beginning of period | 114.4 | 130.2 | 130.2 |
Cash and cash equivalents at the end of period | 108.5 | 167.0 | 114.4 |
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