Consolidated statement of cash flows

Net income (loss)

161,088

-92,926

+ income taxes

149,540

34,041

+ financial result

239,485

272,045

= Earnings before interest and taxes

550,113

213,160

Amortisation, depreciation and impairment charges of non-current assets (excl. leased assets and rental assets)

184,042

192,068

Depreciation/Impairment of leased assets and rental assets

181,227

163,953

Other non-cash income (-) and expenses (+)

-142,530

9,943

Gains (-) / losses (+) on disposal of non-current assets

-103,814

6,428

Change in leased assets and rental assets

-245,764

-208,691

Change in lease receivables, lease liabilities and liabilities from finance leases

24,592

26,056

Change in inventories

20,513

-75,242

Change in trade receivables

56,850

-36,829

Change in trade payables

-3,928

114,886

Cash payments for defined benefit obligations

-23,311

-21,038

Change in other provisions

-39,884

13,989

Change in other operating assets

-26,686

334

Change in other operating liabilities

37,020

30,346

Taxes paid

-54,432

-42,553

= Cash flow from operating activities

414,008

386,810

Cash receipts from disposal of non-current assets

7,353

3,408

Cash payments for purchase of non-current assets

-155,101

-133,005

Deposits from other loan claims

-5,510

2,879

Dividends received

5,317

6,599

Interest income received

4,488

3,397

Acquisitions of subsidiaries, net of cash acquired

-9,703

-32,916

Cash proceeds from sale of entities (excl. cash and cash equivalents)

259,746

0

Cash payments (-) for sundry assets

-2,538

-2,942

= Cash flow from investing activities

104,052

-152,580

Dividends paid to non-controlling interests

-2,405

-2,209

Cash paid for increased ownership interests (after control)

-10,373

-1,461

Cash proceeds from sale of ownership interests (after control)

138

82

Contributions for carrying out the approved capital increase

467,000

0

Proceeds from borrowings

7,676

632,691

Loan financing costs paid

-14,549

-24,579

Transactions costs for carrying out the approved capital increase

-1,095

0

Repayment of borrowings

-664,577

-537,018

Proceeds (+) / Repayment (-) of other capital borrowings

-2,723

-21,052

Cash receipts (+) / cash payments (-) for forward foreign exchange hedging contracts

20,490

-13,714

Interest paid

-129,712

-147,455

= Cash flow from financing activities

-330,130

-114,715

Effect of foreign exchange rate changes on cash and cash equivalents

976

1,052

= Change in cash and cash equivalents

188,906

120,567

Cash and cash equivalents at the beginning of the year

373,451

252,884

Cash and cash equivalents at the end of the year

562,357

373,451