Consolidated statement of cash flows

Earnings before interest and taxes

168.5

177.9

Amortisation, depreciation and impairment charges of non-current assets

179.7

166.6

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

8.0

7.5

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

4.8

–4.8

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

–38.4

–44.8

Change in inventories

–67.4

–41.5

Change in trade receivables / payables

–28.8

–56.8

Cash payments for defined benefit obligations

–10.4

–12.7

Change in other provisions

–21.6

–21.0

Change in other operating assets / liabilities

–18.3

–15.1

Taxes paid

–24.9

–30.5

Cash flow from operating activities

151.3

124.7

Cash payments for purchase of non-current assets

–58.0

–52.0

Cash receipts from disposal of non-current assets

6.0

7.1

Change in rental assets (excluding depreciation)

–83.6

–68.8

Dividends received

5.4

4.2

Cash payments for sundry assets

–1.3

–2.7

Cash flow from investing activities

–131.5

–112.2

Capital contribution from shareholders for the carried out capital increase

0.0

30.9

Dividend of KION GROUP AG

–34.5

0.0

Dividends paid to non-controlling interests

0.0

–2.1

Cash receipts from changes in ownership interests in subsidiaries without loss of control

0.0

0.3

Financing costs paid

–3.9

–18.9

Proceeds from borrowings

1,007.0

649.0

Repayment of borrowings

–1,018.6

–654.2

Interest received

3.7

3.1

Interest paid

–58.5

–52.0

Cash receipts / cash payments for other financing activities

1.4

–11.6

Cash flow from financing activities

–103.5

–55.5

Effect of foreign exchange rate changes on cash and cash equivalents

–0.8

–1.5

Change in cash and cash equivalents

–84.4

–44.6

Cash and cash equivalents at the beginning of the period

219.3

562.4

Cash and cash equivalents at the end of the period

134.9

517.7