Consolidated statement of cash flows

Earnings before interest and taxes

266.7

275.0

Amortisation, depreciation and impairment charges of non-current assets

249.3

256.3

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

15.9

–9.2

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

–4.5

–1.1

Changes in leased assets (excluding depreciation) and lease receivables / liabilities

–56.2

–58.7

Change in rental assets (excluding depreciation)

–107.2

–122.6

Change in inventories

–41.6

–82.1

Change in trade receivables / payables

–82.2

–41.0

Cash payments for defined benefit obligations

–18.0

–16.7

Change in other provisions

–34.2

–40.9

Change in other operating assets / liabilities

–12.0

12.7

Taxes paid

–39.5

–36.5

= Cash flow from operating activities

136.4

135.1

Cash payments for purchase of non-current assets

–79.2

–96.8

Cash receipts from disposal of non-current assets

8.2

8.7

Dividends received

6.3

3.8

Interest income received

4.6

3.1

Acquisitions of subsidiaries, net of cash acquired

–3.9

–9.7

Cash receipts (+) / cash payments (–) for sundry assets

–4.6

–5.4

= Cash flow from investing activities

–68.7

–96.2

Capital contribution from shareholders for the carried out capital increase

741.8

−

Acquisition of own shares

–5.6

−

Dividends paid to non-controlling interests

–2.1

–2.4

Cash receipts (+) / cash payments (–) from changes in ownership interests in subsidiaries without loss of control

–16.3

–2.0

Proceeds from borrowings

949.0

7.7

Repayment of borrowings

–1,937.3

–165.7

Interest paid

–97.4

–87.6

Cash receipts (+) / cash payments (–) for other financing activities

–27.3

–7.0

= Cash flow from financing activities

–395.1

–257.0

Effect of foreign exchange rate changes on cash and cash equivalents

–4.3

3.3

= Change in cash and cash equivalents

–331.7

–214.9

Cash and cash equivalents at the beginning of the period

562.4

373.5

Cash and cash equivalents at the end of the period

230.6

158.6