Consolidated statement of cash flows
in € million |
Note |
2021 |
2020 |
|---|---|---|---|
Earnings before interest and tax |
|
794.8 |
389.9 |
|
|
|
|
Amortization, depreciation and impairment minus reversals of impairment on non-current assets without lease and rental assets |
415.2 |
419.5 |
|
Depreciation and impairment minus reversals of impairment on lease and rental assets |
525.7 |
518.3 |
|
Non-cash reversals of deferred revenue from lease business |
|
–153.9 |
–184.5 |
Other non-cash income (–) / expenses (+) |
|
8.6 |
55.2 |
Gains (–) / losses (+) on disposal of non-current assets |
–5.3 |
–4.9 |
|
Change in leased assets (excluding depreciation) and receivables / liabilities from lease business |
–171.7 |
–147.7 |
|
Change in rental assets (excluding depreciation) and liabilities from rental business |
–196.9 |
–203.6 |
|
Change in net working capital |
|
–201.9 |
–150.3 |
thereof inventories |
–490.1 |
–35.1 |
|
thereof trade receivables and trade payables |
356.4 |
–133.1 |
|
thereof contract assets and contract liabilities |
–68.2 |
18.0 |
|
Cash payments for defined benefit obligations |
–31.2 |
–27.8 |
|
Change in other provisions |
36.6 |
59.8 |
|
Change in other operating assets / liabilities |
|
63.1 |
19.9 |
Taxes paid |
|
–201.4 |
–216.8 |
Cash flow from operating activities |
881.7 |
527.1 |
|
|
|
|
|
Cash payments for purchase of non-current assets |
–333.8 |
–283.8 |
|
Cash receipts from disposal of non-current assets |
|
16.8 |
5.7 |
Dividends received |
|
8.2 |
5.6 |
Acquisition of subsidiaries / other businesses (net of cash acquired) |
|
–17.0 |
–133.5 |
Cash receipts / payments for sundry assets |
|
–12.1 |
–0.3 |
Cash flow from investing activities |
–337.8 |
–406.3 |
|
|
|
|
|
Capital increase from issuing of employee shares |
– |
0.3 |
|
Capital contribution from shareholders for the carried out capital increase |
– |
813.3 |
|
Dividend of KION GROUP AG |
–53.7 |
–4.7 |
|
Dividends paid to non-controlling interests |
|
–1.6 |
–3.4 |
Cash receipts / payments for changes in ownership interests in subsidiaries without change of control |
|
– |
–7.5 |
Financing costs paid |
|
–7.6 |
–18.0 |
Transactions costs for carrying out the approved capital increase |
–2.1 |
–12.6 |
|
Proceeds from borrowings |
623.9 |
3,650.5 |
|
Repayment of borrowings |
–772.7 |
–4,260.0 |
|
Interest received |
|
2.6 |
1.5 |
Interest paid |
–29.5 |
–33.8 |
|
Interest and principal portion from procurement leases |
–145.1 |
–133.3 |
|
Cash receipts / payments from other financing activities |
|
–0.2 |
3.3 |
Cash flow from financing activities |
–386.1 |
–4.5 |
|
|
|
|
|
Effect of exchange rate changes on cash and cash equivalents |
|
10.8 |
–13.1 |
|
|
|
|
Change in cash and cash equivalents |
|
168.5 |
103.3 |
|
|
|
|
Cash and cash equivalents at the beginning of the year |
314.4 |
211.2 |
|
Cash and cash equivalents at the end of the year |
483.0 |
314.4 |