Consolidated statement of cash flows
Consolidated statement of cash flows |
039 |
||
in € million |
Note |
2015 |
2014 |
Earnings before interest and taxes |
|
422.8 |
347.0 |
|
|
|
|
Amortisation, depreciation and impairment charges of non-current assets |
401.4 |
367.2 |
|
Other non-cash income (–) / expenses (+) |
|
12.9 |
50.0 |
Gains (–) / losses (+) on disposal of non-current assets |
|
–2.4 |
6.4 |
Changes in leased assets (excluding depreciation) and lease receivables / liabilities |
–94.9 |
–66.5 |
|
Change in inventories |
–22.1 |
–9.0 |
|
Change in trade receivables / payables |
–60.9 |
–25.4 |
|
Cash payments for defined benefit obligations |
–24.2 |
–20.4 |
|
Change in other provisions |
23.6 |
–17.6 |
|
Change in other operating assets / liabilities |
|
106.6 |
23.1 |
Taxes paid |
|
–84.8 |
–51.0 |
Cash flow from operating activities |
677.9 |
603.8 |
|
|
|
|
|
Cash payments for purchase of non-current assets |
–142.6 |
–133.1 |
|
Cash receipts from disposal of non-current assets |
14.1 |
7.7 |
|
Change in rental assets (excluding depreciation) |
–222.9 |
–183.4 |
|
Dividends received |
|
18.2 |
8.1 |
Acquisition of subsidiaries (net of cash acquired) and other equity investments |
|
–84.9 |
0.0 |
Proceeds from disposal of shares from equity investments, net of cash |
|
77.4 |
4.6 |
Cash payments for sundry assets |
|
–4.5 |
–1.5 |
Cash flow from investing activities |
–345.2 |
–297.8 |
|
|
|
|
|
Capital increase from issuing of employee shares |
3.1 |
2.7 |
|
Acquisition of treasury shares |
|
–2.7 |
–1.5 |
Dividend of KION GROUP AG |
|
–54.3 |
–34.5 |
Dividends paid to non-controlling interests |
|
–1.5 |
–1.6 |
Cash receipts / payments for changes in ownership interests in subsidiaries without change of control |
|
0.5 |
–2.8 |
Financing costs paid |
–5.6 |
–6.6 |
|
Proceeds from borrowings |
911.0 |
1,375.2 |
|
Repayment of borrowings |
–1,134.9 |
–1,676.4 |
|
Interest received |
|
7.1 |
6.2 |
Interest paid |
–50.4 |
–88.7 |
|
Cash payments from other financing activities |
|
–1.2 |
0.0 |
Cash flow from financing activities |
–329.1 |
–428.1 |
|
|
|
|
|
Effect of foreign exchange rate changes on cash and cash equivalents |
|
0.5 |
1.8 |
|
|
|
|
Change in cash and cash equivalents |
|
4.1 |
–120.4 |
|
|
|
|
Cash and cash equivalents at the beginning of the year |
98.9 |
219.3 |
|
Cash and cash equivalents at the end of the year |
103.1 |
98.9 |