Year | Average funds flow and financing as a fraction of total assets | ||
2013 | 2014 | 2015 | |
number of firms | 1212 | 1212 | 1212 |
Dividend | 0.0251 | 0.0248 | 0.0240 |
Capital expenditure | 0.0425 | 0.0406 | 0.0344 |
∆Working capital | 0.0204 | 0.0116 | 0.0360 |
Internal cash flow | 0.0373 | 0.0439 | 0.0431 |
Financing deficit | 0.0506 | 0.0331 | 0.0501 |
Net debt | 0.0039 | −0.0006 | −0.0057 |
Net equity | 0.0490 | 0.0538 | 0.0446 |
Net external financing | 0.0529 | 0.0532 | 0.0389 |