Condensed consolidated statement of cash flows
in € million |
Q1 |
Q1 |
|---|---|---|
Earnings before interest and tax |
117.8 |
193.5 |
|
|
|
Amortization, depreciation and impairment minus reversals of impairment on non-current assets without lease and rental assets |
111.9 |
99.3 |
Depreciation and impairment minus reversals of impairment on lease and rental assets |
143.4 |
128.4 |
Non-cash reversals of deferred revenue from lease business |
–31.6 |
–41.4 |
Other non-cash income (–) / expenses (+) |
8.9 |
9.0 |
Gains (–) / losses (+) on disposal of non-current assets |
–0.6 |
–1.9 |
Change in leased assets (excluding depreciation) and receivables / liabilities from lease business |
–67.2 |
–41.7 |
Change in rental assets (excluding depreciation) and liabilities from rental business |
–71.6 |
–38.2 |
Change in net working capital |
–433.8 |
101.2 |
thereof inventories |
–237.8 |
–104.1 |
thereof trade receivables and trade payables |
–81.4 |
130.8 |
thereof contract assets and contract liabilities |
–114.6 |
74.6 |
Cash payments for defined benefit obligations |
–6.0 |
–5.6 |
Change in other provisions |
–33.9 |
10.1 |
Change in other operating assets / liabilities |
–54.3 |
–28.2 |
Taxes paid |
–37.9 |
–52.8 |
Cash flow from operating activities |
–354.9 |
331.9 |
|
|
|
Cash payments for purchase of non-current assets |
–81.4 |
–58.0 |
Cash receipts from disposal of non-current assets |
1.2 |
1.7 |
Dividends received |
2.4 |
0.1 |
Acquisition of subsidiaries / other businesses (net of cash acquired) |
– |
–11.8 |
Cash receipts / payments for sundry assets |
0.1 |
–1.7 |
Cash flow from investing activities |
–77.8 |
–69.8 |
|
|
|
Financing costs paid |
–0.5 |
–1.3 |
Transaction costs in connection with equity measures |
– |
–2.1 |
Proceeds from borrowings |
395.5 |
28.7 |
Repayment of borrowings |
–28.2 |
–53.4 |
Interest received |
1.0 |
0.3 |
Interest paid |
–4.3 |
–2.3 |
Interest and principal portion from procurement leases |
–37.7 |
–33.8 |
Cash receipts / payments from other financing activities |
1.2 |
–2.8 |
Cash flow from financing activities |
326.9 |
–66.8 |
|
|
|
Effect of exchange rate changes on cash and cash equivalents |
6.3 |
5.3 |
|
|
|
Change in cash and cash equivalents |
–99.4 |
200.6 |
Cash and cash equivalents at the beginning of the period |
483.0 |
314.4 |
Cash and cash equivalents at the end of the period |
383.6 |
515.1 |