Industrial Cash-flow 1989 Soaring to Record High
The self-financing capacity of Austrian manufacturing industry attained a record high with the cash-flow ratio reaching 34 percent. The cyclical boom improved the profit situation in all major sectors. Strong investment activity boosted revenues particularly of producers of advanced technical manufactures. This sector attained a cash-flow ratio of 37 percent, the highest among the different branches. Unabated lively demand for basic materials allowed the producers of such goods to consolidate their balance sheets.