Consolidated statement of cash flows

Consolidated statement of cash flows

in € million

Q1
2023

Q1
2022

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 (Consolidated statement of financial position)

352.7

383.6

Services