Condensed consolidated statement of cash flows
in € million |
Q1 2021 |
Q1 2020 |
|---|---|---|
Earnings before interest and tax |
193.5 |
120.2 |
|
|
|
Amortization, depreciation and impairment minus reversals of impairment on non-current assets without lease and rental assets |
99.3 |
97.2 |
Depreciation and impairment minus reversals of impairment on lease and rental assets |
128.4 |
131.8 |
Non-cash reversals of deferred revenue from lease business |
–41.4 |
–48.9 |
Other non-cash income (–) / expenses (+) |
9.0 |
12.7 |
Gains (–) / losses (+) on disposal of non-current assets |
–1.9 |
–0.8 |
Change in leased assets (excluding depreciation) and receivables / liabilities from lease business |
–41.7 |
–55.7 |
Change in rental assets (excluding depreciation) and liabilities from rental business |
–38.2 |
–41.5 |
Change in net working capital |
101.2 |
–121.6 |
thereof inventories |
–104.1 |
–183.2 |
thereof trade receivables and trade payables |
130.8 |
–14.7 |
thereof contract assets and contract liabilities |
74.6 |
76.3 |
Cash payments for defined benefit obligations |
–5.6 |
–5.5 |
Change in other provisions |
10.1 |
–17.7 |
Change in other operating assets / liabilities |
–28.2 |
–84.0 |
Taxes paid |
–52.8 |
–46.8 |
Cash flow from operating activities |
331.9 |
–60.5 |
|
|
|
Cash payments for purchase of non-current assets |
–58.0 |
–81.0 |
Cash receipts from disposal of non-current assets |
1.7 |
1.5 |
Dividends received |
0.1 |
0.1 |
Acquisition of subsidiaries / other businesses (net of cash acquired) |
–11.8 |
–87.0 |
Cash receipts / payments for sundry assets |
–1.7 |
4.8 |
Cash flow from investing activities |
–69.8 |
–161.6 |
|
|
|
Capital increase from issuing of employee shares |
0.0 |
0.3 |
Financing costs paid |
–1.3 |
–0.9 |
Transactions costs for carrying out the approved capital increase |
–2.1 |
0.0 |
Proceeds from borrowings |
28.7 |
1,292.8 |
Repayment of borrowings |
–53.4 |
–1,022.2 |
Interest received |
0.3 |
0.4 |
Interest paid |
–2.3 |
–1.9 |
Interest and principal portion from procurement leases |
–33.8 |
–32.1 |
Cash receipts / payments from other financing activities |
–2.8 |
8.5 |
Cash flow from financing activities |
–66.8 |
245.1 |
|
|
|
Effect of exchange rate changes on cash and cash equivalents |
5.3 |
–11.2 |
|
|
|
Change in cash and cash equivalents |
200.6 |
11.8 |
Cash and cash equivalents at the beginning of the period |
314.4 |
211.2 |
Cash and cash equivalents at the end of the period |
515.1 |
223.0 |