Consolidated statement of cash flows
in € million |
Note |
2020 |
2019 |
|---|---|---|---|
Earnings before interest and tax |
|
389.9 |
716.6 |
|
|
|
|
Amortization, depreciation and impairment minus reversals of impairment on non-current assets without lease and rental assets |
419.5 |
369.2 |
|
Depreciation and impairment minus reversals of impairment on lease and rental assets |
518.3 |
528.8 |
|
Non-cash reversals of deferred revenue from lease business |
|
–184.5 |
–212.5 |
Other non-cash income (–) / expenses (+) |
|
55.2 |
27.0 |
Gains (–) / losses (+) on disposal of non-current assets |
–4.9 |
–3.6 |
|
Change in leased assets (excluding depreciation) and receivables / liabilities from lease business |
–147.7 |
–122.1 |
|
Change in rental assets (excluding depreciation) and liabilities from rental business |
–203.6 |
–146.6 |
|
Change in net working capital |
|
–150.3 |
–146.8 |
thereof inventories |
–35.1 |
–79.0 |
|
thereof trade receivables and trade payables |
–133.1 |
50.9 |
|
thereof contract assets and contract liabilities |
18.0 |
–118.6 |
|
Cash payments for defined benefit obligations |
–27.8 |
–22.0 |
|
Change in other provisions |
59.8 |
22.5 |
|
Change in other operating assets / liabilities |
|
19.9 |
27.3 |
Taxes paid |
|
–216.8 |
–191.6 |
Cash flow from operating activities |
527.1 |
846.3 |
|
|
|
|
|
Cash payments for purchase of non-current assets |
–283.8 |
–287.4 |
|
Cash receipts from disposal of non-current assets |
|
5.7 |
3.6 |
Dividends received |
|
5.6 |
12.2 |
Acquisition of subsidiaries / other businesses (net of cash acquired) |
|
–133.5 |
–10.0 |
Cash receipts / payments for sundry assets |
|
–0.3 |
3.8 |
Cash flow from investing activities |
–406.3 |
–277.9 |
|
|
|
|
|
Capital increase from issuing of employee shares |
0.3 |
3.7 |
|
Acquisition of treasury shares |
0.0 |
–2.9 |
|
Capital contribution from shareholders for the carried out capital increase |
813.3 |
0.0 |
|
Dividend of KION GROUP AG |
–4.7 |
–141.5 |
|
Dividends paid to non-controlling interests |
|
–3.4 |
–3.1 |
Cash receipts / payments for changes in ownership interests in subsidiaries without change of control |
|
–7.5 |
0.0 |
Financing costs paid |
|
–18.0 |
–3.8 |
Transactions costs for carrying out the approved capital increase |
–12.6 |
0.0 |
|
Proceeds from borrowings |
3,650.5 |
2,940.1 |
|
Repayment of borrowings |
–4,260.0 |
–3,166.2 |
|
Interest received |
|
1.5 |
3.1 |
Interest paid |
–33.8 |
–36.7 |
|
Interest and principal portion from procurement leases |
–133.3 |
–126.5 |
|
Cash receipts / payments from other financing activities |
|
3.3 |
–1.1 |
Cash flow from financing activities |
–4.5 |
–534.9 |
|
|
|
|
|
Effect of exchange rate changes on cash and cash equivalents |
|
–13.1 |
2.4 |
|
|
|
|
Change in cash and cash equivalents |
|
103.3 |
35.9 |
|
|
|
|
Cash and cash equivalents at the beginning of the year |
211.2 |
175.3 |
|
Cash and cash equivalents at the end of the year |
314.4 |
211.2 |