Consolidated statement of cash flows

Cash flow from operating activities

Operating profit from continuing operations

77.3

77.3

Operating profit from discontinuing operations

204.5

39.9

Adjusted for:

- Depreciation/amortization of (in)tangible fixed assets

6

86.8

84.6

- Result from divestment of business

9

-193.1

- Impairment of fixed assets

11/13

0.9

-21.7

- Result from divestments of fixed assets

0.2

0.6

- Share-based remuneration

4.7

4.1

Total adjustments to reconcile operating result with net cash generated by (used for) operating activities

-100.5

67.6

Cash flow from operating activities before movements in working capital and provisions

181.3

184.8

Movement in provisions

-0.5

-4.6

Movements in operating working capital:

- Trade receivables

6.2

4.7

- Inventories

-5.2

61.5

- Trade payables

6.4

-41.9

Movements in other working capital

31.0

-6.1

Cash flow from business operations

219.2

198.4

Interest received

5.9

6.1

Interest paid

-25.1

-27.4

Tax paid on profit

-15.9

-11.7

Cash flow from operating activities

184.1

165.4

Cash flow from investment activities

Disposal of discontined operations, net of transaction costs and tax paid

251.8

Dividends received from joint ventures and associates

4.6

Investment other financial assets

-1.6

-2.1

Capital expenditure on (in)tangible fixed assets

-84.2

-149.3

Cash flow from investment activities

166.0

-146.8

Cash flow from financing activities

Proceeds from interest-bearing debts

46.0

Repayment of interest-bearing debts

-296.2

-4.8

Payment of lease liabilities

-13.6

-13.4

Share buy-back

-20.0

Paid-out dividend

-41.9

-33.1

Cash flow from financing activities

-371.7

-5.3

Net cash flow

-21.6

13.3

Effects of exchange rate differences on cash and cash equivalents

0.7

-1.3

Increase/(decrease) cash and cash equivalents

-20.9

12.0

Cash and cash equivalents at start of financial year

70.2

58.2

Cash and cash equivalents at close of financial year

18

49.3

70.2