Cash Flow Statement
in € thousand |
Note |
2015 |
2014 |
|||
1. Cash flow from operating activities |
|
|
|
|||
Earnings before interest and taxes (EBIT) |
|
156,539 |
169,288 |
|||
Depreciation, amortisation, impairment and reversals on non-financial non-current assets |
|
124,238 |
124,886 |
|||
Decrease in provisions |
|
- 16,509 |
- 13,190 |
|||
Result from the disposal of non-current assets |
|
- 2,723 |
310 |
|||
Change in inventories, trade receivables and other assets not attributable to investing or financing activities |
|
968 |
- 2,654 |
|||
Change in trade payables and other liabilities not attributable to investing or financing activities |
|
- 4,414 |
16,727 |
|||
Interest received |
|
3,692 |
2,344 |
|||
Interest paid |
|
- 18,980 |
- 19,730 |
|||
Income tax paid |
|
- 41,107 |
- 38,724 |
|||
Exchange rate and other effects |
|
- 6,363 |
- 5,903 |
|||
Cash flow from operating activities |
|
195,341 |
233,354 |
|||
|
|
|
|
|||
2. Cash flow from investing activities |
|
|
|
|||
Proceeds from disposal of intangible assets, property, plant and equipment and investment property |
|
13,774 |
3,047 |
|||
Payments for investments in property, plant and equipment and investment property |
|
- 150,800 |
- 89,195 |
|||
Payments for investments in intangible assets |
- 8,814 |
- 8,309 |
||||
Proceeds from disposal of non-current financial assets |
|
361 |
0 |
|||
Payments for investments in non-current financial assets |
|
- 1,685 |
0 |
|||
Proceeds from disposal of interests in consolidated companies and other business units (including funds sold) |
|
0 |
0 |
|||
Payments for acquiring interests in consolidated companies and other business units (including funds purchased) |
|
0 |
- 61 |
|||
Proceeds/payments for short-term deposits |
|
16,950 |
- 20,000 |
|||
Cash flow from investing activities |
|
- 130,214 |
- 114,518 |
|||
|
|
|
|
|||
3. Cash flow from financing activities |
|
|
|
|||
Payments for increasing interests in fully consolidated companies |
|
0 |
- 259 |
|||
Dividends paid to shareholders of the parent company |
- 40,482 |
- 34,903 |
||||
Dividends/settlement obligation paid to non-controlling interests |
|
- 32,400 |
- 32,063 |
|||
Redemption of lease liabilities |
|
- 7,144 |
- 7,031 |
|||
Proceeds from the issuance of bonds and (financial) loans |
|
121,265 |
23,085 |
|||
Payments for the redemption of (financial) loans |
|
- 126,482 |
- 29,412 |
|||
Exchange-rate effects |
|
2,518 |
1,594 |
|||
Cash flow from financing activities |
|
- 82,725 |
- 78,989 |
|||
|
|
|
|
|||
4. Financial funds at the end of the period |
|
|
|
|||
Change in financial funds (subtotals 1.–3.) |
|
- 17,598 |
39,847 |
|||
Change in financial funds due to exchange rates |
|
- 2,604 |
- 5,299 |
|||
Financial funds at the beginning of the period |
|
185,617 |
151,069 |
|||
Financial funds at the end of the period |
165,415 |
185,617 |