The operating cash flow increased by 42%, from € 18.9 m to € 26.9 m. The cash flow from business activities (operating cash flow plus change in net current assets) came to € 27.7 m (50% more than in 2005). Financing activities generated a total cash inflow for CA Immo International of € 231 m in 2006, of which € 270.8 m stemmed from the capital increase in connection with the IPO. The cash flow from investment activities was € -246 m; the principal components were
€ 64.4 m from primary property investments, € 208.1 m from investments in financial assets and securities, and € 27.4 m from the sale of a property.