| download table |
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Statement of Cash Flows |
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€ million |
Notes |
2009 |
2008 | |||
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Net result for the year |
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-74.5 |
438.3 | |||
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Write-downs and impairments/write-ups of noncurrent assets |
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579.9 |
407.3 | |||
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Changes in provisions |
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158.4 |
59.6 | |||
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Changes in deferred taxes |
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-23.7 |
3.2 | |||
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Other non-cash expenses and income |
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-17.7 |
8.8 | |||
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Result from disposal of noncurrent assets |
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1.7 |
-13.0 | |||
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Result from equity accounting and joint venture dividends |
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87.6 |
36.2 | |||
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Changes in inventories |
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55.9 |
-71.5 | |||
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Changes in trade receivables |
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1.4 |
25.7 | |||
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Changes in other assets |
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45.1 |
-108.7 | |||
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Changes in liabilities |
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-83.5 |
21.8 | |||
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Change in advance payments made and received |
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36.9 |
197.7 | |||
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Cash flow from operating activities (gross cash flow) |
767.5 |
1,005.4 | ||||
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Investment in intangible assets, property, plant, and equipment, |
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-770.5 |
-747.1 | |||
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Investment in financial assets |
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-32.7 |
-30.8 | |||
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Payments for loans at associates accounted for using the equity method |
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– |
-60.3 | |||
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Proceeds from the disposal of intangible assets, |
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2.7 |
22.3 | |||
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Proceeds from the disposal of associates/financial assets |
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0.1 |
3.4 | |||
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Investments in acquisitions |
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– |
-171.2 | |||
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Cash flow from noncurrent investment activities |
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-800.4 |
-983.7 | |||
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Acquisition of current securities |
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– |
-101.1 | |||
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Disposal of current securities |
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101.1 |
– | |||
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Cash flow from investment activities |
-699.3 |
-1,084.8 | ||||
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Dividends paid |
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-89.4 |
-149.1 | |||
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Capital contributions from non-controlling interests |
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11.3 |
2.4 | |||
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Dividends paid to non-controlling interests |
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-0.7 |
-0.3 | |||
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Bank loans raised |
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232.1 |
73.6 | |||
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Bank loans repaid |
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-16.4 |
-20.0 | |||
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Other financial liabilities incurred |
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0.8 |
21.9 | |||
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Other financial liabilities repaid |
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-45.2 |
-16.2 | |||
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Cash flow from financing activities |
92.5 |
-87.7 | ||||
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Changes due to exchange rate fluctuations |
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-1.3 |
4.8 | |||
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Changes in cash and cash equivalents |
159.4 |
-162.3 | ||||
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At the beginning of the year |
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204.2 |
366.5 | |||
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At the end of the year |
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363.6 |
204.2 | |||
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Additional information: |
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Cash flow from operating activities (gross cash flow) |
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767.5 |
1,005.4 | |||
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Cash flow from noncurrent investment activities |
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-800.4 |
-983.7 | |||
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Net cash flow |
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-32.9 |
21.7 |