Consolidated statement of cash flows
in € million |
Note |
2022 |
2021 |
|---|---|---|---|
Earnings before interest and tax |
|
168.3 |
794.8 |
|
|
|
|
Amortization, depreciation and impairment minus reversals of impairment on non-current assets without lease and rental assets |
469.7 |
415.2 |
|
Depreciation and impairment minus reversals of impairment on lease and rental assets |
563.8 |
525.7 |
|
Non-cash reversals of deferred revenue from lease business |
|
–115.3 |
–153.9 |
Other non-cash income (–)/expenses (+) |
|
26.7 |
8.6 |
Gains (–)/losses (+) on disposal of non-current assets |
–4.9 |
–5.3 |
|
Change in leased assets (excluding depreciation) and receivables/liabilities from lease business |
–261.5 |
–171.7 |
|
Change in rental assets (excluding depreciation) and liabilities from short-term rental business |
–222.0 |
–196.9 |
|
Change in net working capital |
|
–804.5 |
–201.9 |
thereof inventories |
–163.2 |
–490.1 |
|
thereof trade receivables and trade payables |
–590.9 |
356.4 |
|
thereof contract assets and contract liabilities |
–50.3 |
–68.2 |
|
Cash payments for defined benefit obligations |
–35.5 |
–31.2 |
|
Change in other provisions |
30.9 |
36.6 |
|
Change in other operating assets/liabilities |
|
–1.5 |
63.1 |
Taxes paid |
|
–160.0 |
–201.4 |
Cash flow from operating activities |
–345.9 |
881.7 |
|
|
|
|
|
Cash payments for purchase of non-current assets |
–382.7 |
–333.8 |
|
Cash receipts from disposal of non-current assets |
|
7.5 |
16.8 |
Dividends received |
|
10.5 |
8.2 |
Acquisition of subsidiaries/other businesses |
|
–4.9 |
–17.0 |
Cash receipts/payments for sundry assets |
|
–0.1 |
–12.1 |
Cash flow from investing activities |
–369.7 |
–337.8 |
|
|
|
|
|
Dividend of KION GROUP AG |
–196.7 |
–53.7 |
|
Dividends paid to non-controlling interests |
|
–2.5 |
–1.6 |
Financing costs paid |
|
–3.2 |
–7.6 |
Transactions costs for carrying out the approved capital increase |
– |
–2.1 |
|
Proceeds from borrowings |
2,699.7 |
623.9 |
|
Repayment of borrowings |
–1,757.3 |
–772.7 |
|
Interest received |
|
4.5 |
2.6 |
Interest paid |
–32.6 |
–29.5 |
|
Interest and principal portion from procurement leases |
–151.7 |
–145.1 |
|
Cash receipts/payments from other financing activities |
|
2.5 |
–0.2 |
Cash flow from financing activities |
562.8 |
–386.1 |
|
|
|
|
|
Effect of exchange rate changes on cash and cash equivalents |
|
2.1 |
10.8 |
|
|
|
|
Change in cash and cash equivalents |
|
–150.8 |
168.5 |
|
|
|
|
Cash and cash equivalents at the beginning of the year |
483.0 |
314.4 |
|
Cash and cash equivalents at the end of the year |
332.2 |
483.0 |
|
Less cash and cash equivalents included in assets held for sale at the end of the year |
–14.1 |
– |
|
Cash and cash equivalents at the end of the year (Consolidated statement of financial position) |
318.1 |
483.0 |