Skip to content
Skip to search

Parent company statement of cash flows (FAS)
M€ 1 Jan.–31 Dec. 2013 1 Jan.–31 Dec. 2012
Cash flow from operating activities
Net profit for the period -1.2 368.9
Adjustments 1) 94.1 -273.9
Change in net working capital 2) -17.3 -27.6
Interest received 38.2 43.7
Interest paid -74.3 -94.0
Dividends recieved - 370.5
Other financial items -11.9 -6.4
Taxes received/paid - 0.0
Net cash flow generated by operating activities 27.6 381.1
Cash flow from investing activities
Investments in shares and holdings -92.6 -19.8
Acquisition of property, plant and equipment and intangible assets -9.6 -5.9
Proceeds from disposal of shares and holdings 13.7 18.7
Loans granted -37.9 -88.9
Repayments of loan receivables 109.1 6.0
Net cash flow used in investing activities -17.3 -89.9
Cash flow from financing activities
Non-current loans, raised 465.2 431.9
Non-current loans, repayments -438.7 -711.7
Current loans, raised/repayments 5.4 31.8
Dividends paid -48.1 -45.3
Net cash flow generated from financing activities -16.2 -293.4
Change in cash and cash equivalents -5.9 -2.2
Cash and cash equivalents at 1 Jan. 12.1 14.3
Cash and cash equivalents at 31 Dec. 6.2 12.1
Notes to the cash flow statement, M€ 1 Jan.–31 Dec. 2013 1 Jan.–31 Dec. 2012
1) Adjustments
The following adjustments change the accrual-based items in the income statement to cash-based items, and they reverse items shown elsewhere in the cash flow statement.
Other operational expenses 1.2 3.8
Other operational income -1.3 -4.5
Depreciation and amortization 5.8 5.6
Financial income and expenses 67.3 -234.6
Unrealized exchange rate loss - 13.2
Merger losses/group contributions 21.1 -57.4
Taxes - 0.0
Adjustments, total 94.1 -273.9
2) Statement of change in net working capital
Current receivables
increase (-), decrease (+) 1.1 -17.6
Non-interest-bearing current liabilities
increase (+), decrease (-) -18.4 -9.9
Change in net working capital -17.3 -27.6