Consolidated statement of cash flows

Cash flow from operating activities

Operating profit from continuing operations

116.5

77.3

Operating profit from discontinuing operations

-

204.5

Adjusted for:

- Depreciation/amortization of (in)tangible fixed assets

6

85.8

86.8

- Result from divestment of business

9

-

-193.1

- Impairment of fixed assets

11/13

2.2

0.9

- Result from divestments of fixed assets

0.1

0.2

- Share-based remuneration

5.2

4.7

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

93.3

-100.5

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

209.8

181.3

Movement in provisions

-2.5

-0.5

Movements in operating working capital:

- Trade receivables

-14.2

6.2

- Inventories

-0.7

-5.2

- Trade payables

10.1

6.4

Movements in other working capital

-15.3

31.0

Cash flow from business operations

187.2

219.2

Interest received

4.8

5.9

Interest paid

-15.4

-25.1

Tax paid on profit

-15.7

-15.9

Cash flow from operating activities

160.9

184.1

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

-

-

Investment other financial assets

-1.9

-1.6

Capital expenditure on (in)tangible fixed assets

-68.2

-84.2

Cash flow from investment activities

-70.1

166.0

Cash flow from financing activities

Proceeds from interest-bearing debts

2.0

-

Repayment of interest-bearing debts

-35.3

-296.2

Payment of lease liabilities

-13.3

-13.6

Share buy-back

-10.0

-20.0

Paid-out dividend

-37.2

-41.9

Cash flow from financing activities

-93.8

-371.7

Net cash flow

-3.0

-21.6

Effects of exchange rate differences on cash and cash equivalents

-1.6

0.7

Increase/(decrease) cash and cash equivalents

-4.6

-20.9

Cash and cash equivalents at start of financial year

49.3

70.2

Cash and cash equivalents at close of financial year

18

44.7

49.3