Consolidated statement of cash flows
Consolidated statement of cash flows |
043 |
||||
in € million |
Note |
2017 |
2016 |
||
|
|||||
Earnings before interest and taxes |
|
549.4 |
434.8 |
||
|
|
|
|
||
Amortisation, depreciation and impairment charges of non-current assets |
636.4 |
454.7 |
|||
Other non-cash income (–) / expenses (+) |
|
24.6 |
45.0 |
||
Gains (–) / losses (+) on disposal of non-current assets |
|
–0.2 |
1.7 |
||
Changes in leased assets (excluding depreciation) and lease receivables / liabilities |
–143.6 |
–120.4 |
|||
Change in rental assets (excluding depreciation) and liabilities for Finance Leases |
–205.8 |
–158.2 |
|||
Change in net working capital* |
|
–109.6 |
–28.6 |
||
Cash payments for defined benefit obligations |
–28.2 |
–20.6 |
|||
Change in other provisions |
–4.0 |
4.7 |
|||
Change in other operating assets / liabilities |
|
33.2 |
–90.0 |
||
Taxes paid |
|
–136.3 |
–108.7 |
||
Cash flow from operating activities |
615.8 |
414.3 |
|||
|
|
|
|
||
Cash payments for purchase of non-current assets |
–218.3 |
–166.7 |
|||
Cash receipts from disposal of non-current assets |
4.0 |
6.4 |
|||
Dividends received |
|
9.3 |
9.6 |
||
Acquisition of subsidiaries (net of cash acquired) and other equity investments |
–13.3 |
–2,118.7 |
|||
Cash receipts / payments for sundry assets |
|
–19.3 |
5.0 |
||
Cash flow from investing activities |
–237.6 |
–2,264.3 |
|||
|
|
|
|
||
Capital contribution from shareholders for the carried out capital increase |
598.6 |
456.7 |
|||
Capital increase from issuing of employee shares |
2.3 |
3.2 |
|||
Acquisition of treasury shares |
|
–4.3 |
–2.8 |
||
Dividend of KION GROUP AG |
|
–86.9 |
–76.0 |
||
Dividends paid to non-controlling interests |
|
–2.7 |
–2.1 |
||
Cash receipts / payments for changes in ownership interests in subsidiaries without change of control |
|
0.5 |
0.3 |
||
Financing costs paid |
–7.4 |
–23.2 |
|||
Proceeds from borrowings |
2,425.3 |
4,362.5 |
|||
Repayment of borrowings |
–3,340.0 |
–2,618.5 |
|||
Interest received |
|
7.5 |
8.0 |
||
Interest paid |
–58.1 |
–76.3 |
|||
Cash receipts / payments from other financing activities |
|
–7.3 |
–5.5 |
||
Cash flow from financing activities |
–472.5 |
2,026.3 |
|||
|
|
|
|
||
Effect of foreign exchange rate changes on cash and cash equivalents |
|
–12.2 |
0.2 |
||
|
|
|
|
||
Change in cash and cash equivalents |
|
–106.4 |
176.5 |
||
|
|
|
|
||
Cash and cash equivalents at the beginning of the year |
279.6 |
103.1 |
|||
Cash and cash equivalents at the end of the year |
173.2 |
279.6 |