Consolidated Statement of Cash Flows (unaudited)

Consolidated interim statement of cash flows

€ thousand

Q1
2013

Q1
2012

*)

Adjusted due to the retrospective application of IAS 19R (2011)

 

 

 

Net income

28,555

16,483

+ income taxes

10,252

22,913

+ financial result

47,627

51,278

= Earnings before interest and taxes

86,434

90,674

 

 

 

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

35,579

39,575

 

 

 

Depreciation/Impairment of leased assets and rental assets

46,981

43,376

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

6,332

-816

Gain (-)/loss (+) on disposal of non-current assets

740

-2,235

Other changes in leased assets and rental assets

-57,475

-41,525

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

12,259

-21,413

Change in inventories

-58,535

-64,810

Change in trade receivables

-408

-20,016

Change in trade payables

-23,190

-22,349

Cash payments for defined benefit obligations

-5,011

-4,804

Change in other provisions

-13,824

-24,797

Change in other operating assets

-18,470

-32,950

Change in other operating liabilities

19,298

27,731

Taxes paid

-11,425

-11,418

= Cash flow from operating activities

19,285

-45,777

 

 

 

Cash receipts from disposal of non-current assets

829

6,922

Cash payments for purchase of non-current assets

-25,161

-25,206

Deposits from other loan claims

1,518

-341

Dividends received

177

212

Interest income received

1,276

1,347

Acquisitions of subsidiaries, net of cash acquired

0

-9,703

Cash payments (-) for sundry assets

-2,583

-1,118

= Cash flow from investing activities

-23,944

-27,887

 

 

 

Dividends paid to non-controlling interests

0

-355

Cash paid for increased ownership interests (after control)

0

-1,112

Cash proceeds from sale of ownership interests (after control)

54

0

Proceeds from borrowings

649,000

7,676

Loan financing costs paid

-11,138

-207

Repayment of borrowings

-636,000

-

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

-8,317

17,687

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

-403

0

Interest paid

-20,143

-22,737

= Cash flow from financing activities

-26,947

952

 

 

 

Effect of foreign exchange rate changes on cash and cash equivalents

3,414

879

 

 

 

= Change in cash and cash equivalents

-28,192

-71,833

 

 

 

Cash and cash equivalents at the beginning of the period

562,357

373,451

Cash and cash equivalents at the end of the period

534,165

301,618

to pagetop