Consolidated statement of cash flows
in € million |
Q1 |
Q1 |
|---|---|---|
Earnings before interest and tax |
129.4 |
117.8 |
|
|
|
Amortization, depreciation and impairment minus reversals of impairment on non-current assets without lease and rental assets |
118.5 |
111.9 |
Depreciation and impairment minus reversals of impairment on lease and rental assets |
139.1 |
143.4 |
Non-cash reversals of deferred revenue from lease business |
–24.7 |
–31.6 |
Other non-cash income (–)/expenses (+) |
6.7 |
8.9 |
Gains (–)/losses (+) on disposal of non-current assets |
–2.4 |
–0.6 |
Change in leased assets (excluding depreciation) and receivables/liabilities from lease business |
–69.8 |
–67.2 |
Change in rental assets (excluding depreciation) and liabilities from short-term rental business |
–58.8 |
–71.6 |
Change in net working capital |
–11.4 |
–433.8 |
thereof inventories |
–148.1 |
–237.8 |
thereof trade receivables and trade payables |
154.7 |
–81.4 |
thereof contract assets and contract liabilities |
–18.0 |
–114.6 |
Cash payments for defined benefit obligations |
–6.6 |
–6.0 |
Change in other provisions |
–2.3 |
–33.9 |
Change in other operating assets/liabilities |
–9.1 |
–54.3 |
Taxes paid |
–35.8 |
–37.9 |
Cash flow from operating activities |
172.9 |
–354.9 |
|
|
|
Cash payments for purchase of non-current assets |
–75.4 |
–81.4 |
Cash receipts from disposal of non-current assets |
4.6 |
1.2 |
Dividends received |
0.0 |
2.4 |
Cash receipts/payments for sundry assets |
2.8 |
0.1 |
Cash flow from investing activities |
–68.0 |
–77.8 |
|
|
|
Financing costs paid |
–0.7 |
–0.5 |
Proceeds from borrowings |
178.9 |
395.5 |
Repayment of borrowings |
–201.1 |
–28.2 |
Interest received |
1.6 |
1.0 |
Interest paid |
–8.0 |
–4.3 |
Interest and principal portion from procurement leases |
–41.9 |
–37.7 |
Cash receipts/payments from other financing activities |
0.0 |
1.2 |
Cash flow from financing activities |
–71.2 |
326.9 |
|
|
|
Effect of exchange rate changes on cash and cash equivalents |
–2.0 |
6.3 |
|
|
|
Change in cash and cash equivalents |
31.7 |
–99.4 |
Cash and cash equivalents at the beginning of the period |
318.1 |
483.0 |
Cash and cash equivalents at the end of the period |
349.8 |
383.6 |
Plus cash and cash equivalents included in assets held for sale at the beginning of the period |
14.1 |
– |
Less cash and cash equivalents included in assets held for sale at the end of the period |
–11.2 |
– |
Cash and cash equivalents at the end of the period |
352.7 |
383.6 |