Consolidated statement of cash flows

Consolidated statement of cash flows

22

in € million

Q1 – Q3 2015

Q1 – Q3 2014

Earnings before interest and taxes

290.2

237.7

 

 

 

Amortisation, depreciation and impairment charges of non-current assets

291.3

269.7

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

16.6

47.6

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

–0.5

5.3

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

–73.7

–52.1

Change in inventories

–114.6

–97.7

Change in trade receivables / payables

–66.2

–40.8

Cash payments for defined benefit obligations

–17.8

–15.6

Change in other provisions

5.0

–36.5

Change in other operating assets / liabilities

56.7

17.6

Taxes paid

–45.1

–41.5

Cash flow from operating activities

341.9

293.7

 

 

 

Cash payments for purchase of non-current assets

–90.5

–87.4

Cash receipts from disposal of non-current assets

11.0

6.9

Change in rental assets (excluding depreciation)

–145.9

–122.9

Dividends received

9.1

7.3

Acquisition of subsidiaries (net of cash acquired) and other equity investments

–71.3

0.0

Cash payments for sundry assets

–15.0

0.0

Cash flow from investing activities

–302.6

–196.2

 

 

 

Acquisition of treasury shares

–1.0

–1.5

Dividend of KION GROUP AG

–54.3

–34.5

Dividends paid to non-controlling interests

–1.3

–1.6

Cash receipts / cash payments for changes in ownership interests in subsidiaries without change of control

–0.1

0.2

Financing costs paid

–4.1

–5.5

Proceeds from borrowings

752.3

1,133.5

Repayment of borrowings

–686.8

–1,204.5

Interest received

3.9

5.0

Interest paid

–48.1

–79.9

Cash receipts from other financing activities

2.9

1.0

Cash flow from financing activities

–36.7

–187.8

 

 

 

Effect of foreign exchange rate changes on cash and cash equivalents

0.5

1.8

 

 

 

Change in cash and cash equivalents

3.2

–88.5

Cash and cash equivalents at the beginning of the period

98.9

219.3

Cash and cash equivalents at the end of the period

102.1

130.8