| download table |
|
€ million |
Notes |
2010 |
2009 | |||
|
|
|
|
| |||
|
Net income for the year |
|
497.0 |
-74.5 | |||
|
Write-downs and impairments/write-ups of noncurrent assets |
|
429.9 |
579.9 | |||
|
Changes in provisions |
|
58.8 |
158.4 | |||
|
Changes in deferred taxes |
|
15.0 |
-23.7 | |||
|
Other non-cash expenses and income |
|
-58.7 |
-17.7 | |||
|
Result from disposal of noncurrent assets |
|
-13.5 |
1.7 | |||
|
Result from equity accounting and joint venture dividends |
|
38.8 |
87.6 | |||
|
Changes in inventories |
|
-46.7 |
55.9 | |||
|
Changes in trade receivables |
|
-78.6 |
1.4 | |||
|
Changes in other assets |
|
-36.2 |
45.1 | |||
|
Changes in liabilities |
|
132.1 |
-83.5 | |||
|
Changes in advance payments made and received |
|
165.2 |
36.9 | |||
|
Cash flow from operating activities (gross cash flow) |
1,103.1 |
767.5 | ||||
|
Investment in intangible assets, property, plant and equipment, and investment property |
|
-617.3 |
-770.5 | |||
|
Investment in financial assets |
|
-1.4 |
-32.7 | |||
|
Payments for loans to associates accounted for using the equity method |
|
-11.7 |
– | |||
|
Proceeds from the disposal of intangible assets, property, plant and equipment |
|
4.7 |
2.7 | |||
|
Proceeds from the disposal of associates accounted for using the equity method |
|
25.4 |
0.1 | |||
|
Investments in acquisitions |
|
-81.2 |
– | |||
|
Cash flow from noncurrent investment activities |
|
-681.5 |
-800.4 | |||
|
Acquisition of securities |
|
-252.2 |
– | |||
|
Disposal of securities |
|
– |
101.1 | |||
|
Cash flow from investment activities |
-933.7 |
-699.3 | ||||
|
Dividends paid |
|
-59.6 |
-89.4 | |||
|
Capital contributions from non-controlling interests |
|
– |
11.3 | |||
|
Dividends paid to non-controlling interests |
|
-0.7 |
-0.7 | |||
|
Bank loans raised |
|
303.7 |
232.1 | |||
|
Bank loans repaid |
|
-230.5 |
-16.4 | |||
|
Other financial liabilities incurred |
|
0.9 |
0.8 | |||
|
Other financial liabilities repaid |
|
-10.1 |
-45.2 | |||
|
Cash flow from financing activities |
3.7 |
92.5 | ||||
|
Changes due to exchange-rate fluctuations |
|
8.5 |
-1.3 | |||
|
Changes in cash and cash equivalents |
181.6 |
159.4 | ||||
|
At the beginning of the year |
|
363.6 |
204.2 | |||
|
At the end of the year |
|
545.2 |
363.6 | |||
|
|
|
|
| |||
|
Additional information |
|
|
| |||
|
Cash flow from operating activities (gross cash flow) |
|
1,103.1 |
767.5 | |||
|
Cash flow from noncurrent investment activities before securities |
|
-681.5 |
-800.4 | |||
|
Net cash flow |
|
421.6 |
-32.9 | |||
|
|
|
|
| |||
|
Additional information on payment transactions included in the cash flow from operating activities |
|
|
| |||
|
Taxes paid |
|
-286.1 |
-74.0 | |||
|
Interest paid |
|
-22.9 |
-14.0 | |||
|
Interest received |
|
7.1 |
6.3 | |||
|
Dividends received |
|
0.8 |
1.2 |