Condensed consolidated statement of cash flows

Condensed consolidated statement of cash flows

in € million

Q1 – Q3
2022

Q1 – Q3
2021

Earnings before interest and tax

103.3

623.9

 

 

 

Amortization, depreciation and impairment minus reversals of impairment on non-current assets without lease and rental assets

343.9

302.5

Depreciation and impairment minus reversals of impairment on lease and rental assets

420.7

391.1

Non-cash reversals of deferred revenue from lease business

–89.2

–118.7

Other non-cash income (–) / expenses (+)

24.2

29.5

Gains (–) / losses (+) on disposal of non-current assets

–3.4

–4.9

Change in leased assets (excluding depreciation) and receivables / liabilities from lease business

–189.1

–140.3

Change in rental assets (excluding depreciation) and liabilities from rental business

–172.6

–145.4

Change in net working capital

–897.8

–448.1

thereof inventories

–395.1

–368.5

thereof trade receivables and trade payables

–221.9

181.0

thereof contract assets and contract liabilities

–280.8

–260.6

Cash payments for defined benefit obligations

–20.7

–21.4

Change in other provisions

18.6

26.3

Change in other operating assets / liabilities

–116.6

0.0

Taxes paid

–149.5

–154.1

Cash flow from operating activities

–728.1

340.5

 

 

 

Cash payments for purchase of non-current assets

–252.6

–199.1

Cash receipts from disposal of non-current assets

3.3

9.9

Dividends received

8.2

6.1

Acquisition of subsidiaries / other businesses (net of cash acquired)

–12.1

Cash receipts / payments for sundry assets

–2.7

–10.7

Cash flow from investing activities

–243.7

–205.8

 

 

 

Dividend of KION GROUP AG

–196.7

–53.7

Dividends paid to non-controlling interests

–2.5

–1.6

Financing costs paid

–1.4

–3.2

Transaction costs in connection with equity measures

–2.1

Proceeds from borrowings

2,159.9

525.6

Repayment of borrowings

–998.4

–477.5

Interest received

2.9

1.3

Interest paid

–24.9

–24.2

Interest and principal portion from procurement leases

–111.1

–105.0

Cash receipts / payments from other financing activities

3.5

–1.1

Cash flow from financing activities

831.3

–141.6

 

 

 

Effect of exchange rate changes on cash and cash equivalents

14.1

7.4

 

 

 

Change in cash and cash equivalents

–126.4

0.6

Cash and cash equivalents at the beginning of the period

483.0

314.4

Cash and cash equivalents at the end of the period

356.6

315.0