Consolidated statement of cash flows
Consolidated statement of cash flows |
042 |
||||
in € million |
Note |
2016 |
2015 |
||
|
|||||
Earnings before interest and taxes |
|
434.8 |
422.8 |
||
|
|
|
|
||
Amortisation, depreciation and impairment charges of non-current assets |
454.7 |
401.4 |
|||
Other non-cash income (–) / expenses (+) |
|
45.0 |
12.9 |
||
Gains (–) / losses (+) on disposal of non-current assets |
|
1.7 |
–2.4 |
||
Changes in leased assets (excluding depreciation) and lease receivables / liabilities |
–120.4 |
–94.9 |
|||
Change in rental assets (excluding depreciation) and liabilities for Finance Leases1 |
–158.2 |
–155.9 |
|||
Change in inventories |
–31.2 |
–22.1 |
|||
Change in trade receivables / payables |
–78.8 |
–60.9 |
|||
Cash payments for defined benefit obligations |
–20.6 |
–24.2 |
|||
Change in other provisions |
4.7 |
23.6 |
|||
Change in other operating assets / liabilities |
|
–8.6 |
39.6 |
||
Taxes paid |
|
–108.7 |
–84.8 |
||
Cash flow from operating activities |
414.3 |
455.0 |
|||
|
|
|
|
||
Cash payments for purchase of non-current assets |
–166.7 |
–142.6 |
|||
Cash receipts from disposal of non-current assets |
6.4 |
14.1 |
|||
Dividends received |
|
9.6 |
18.2 |
||
Acquisition of subsidiaries (net of cash acquired) and other equity investments |
–2,118.7 |
–84.9 |
|||
Proceeds from disposal of shares from equity investments, net of cash |
|
0.0 |
77.4 |
||
Cash receipts / payments for sundry assets |
|
5.0 |
–4.5 |
||
Cash flow from investing activities1 |
–2,264.3 |
–122.3 |
|||
|
|
|
|
||
Capital contribution from shareholders for the carried out capital increase |
456.7 |
0.0 |
|||
Capital increase from issuing of employee shares |
3.2 |
3.1 |
|||
Acquisition of treasury shares |
|
–2.8 |
–2.7 |
||
Dividend of KION GROUP AG |
|
–76.0 |
–54.3 |
||
Dividends paid to non-controlling interests |
|
–2.1 |
–1.5 |
||
Cash receipts / payments for changes in ownership interests in subsidiaries without change of control |
|
0.3 |
0.5 |
||
Financing costs paid |
–23.2 |
–5.6 |
|||
Proceeds from borrowings |
4,362.5 |
911.0 |
|||
Repayment of borrowings |
–2,618.5 |
–1,134.9 |
|||
Interest received |
|
8.0 |
7.1 |
||
Interest paid |
–76.3 |
–50.4 |
|||
Cash payments from other financing activities |
|
–5.5 |
–1.2 |
||
Cash flow from financing activities |
2,026.3 |
–329.1 |
|||
|
|
|
|
||
Effect of foreign exchange rate changes on cash and cash equivalents |
|
0.2 |
0.5 |
||
|
|
|
|
||
Change in cash and cash equivalents |
|
176.5 |
4.1 |
||
|
|
|
|
||
Cash and cash equivalents at the beginning of the year |
103.1 |
98.9 |
|||
Cash and cash equivalents at the end of the year |
279.6 |
103.1 |