Cash Flow Statement

in € thousand

 

Note

 

2016

 

2015

1. Cash flow from operating activities

 

 

 

 

 

 

Earnings before interest and taxes (EBIT)

 

 

 

164,010

 

156,539

Depreciation, amortisation, impairment and reversals on non-financial non-current assets

 

 

 

122,431

 

124,238

Increase (+), decrease (-) in provisions

 

 

 

17,883

 

- 16,509

Gains (-), losses (+) from the disposal of non-current assets

 

 

 

621

 

- 2,723

Increase (-), decrease (+) in inventories, trade receivables and other assets not attributable to investing or financing activities

 

 

 

- 35,261

 

968

Increase (+), decrease (-) in trade payables and other liabilities not attributable to investing or financing activities

 

 

 

11,288

 

- 4,414

Interest received

 

 

 

2,674

 

3,692

Interest paid

 

 

 

- 16,964

 

- 18,980

Income tax paid

 

 

 

- 31,672

 

- 41,107

Exchange rate and other effects

 

 

 

- 451

 

- 6,363

Cash flow from operating activities

 

 

 

234,559

 

195,341

 

 

 

 

 

 

 

2. Cash flow from investing activities

 

 

 

 

 

 

Proceeds from disposal of intangible assets, property, plant and equipment and investment property

 

 

 

27,032

 

13,774

Payments for investments in property, plant and equipment and investment property

 

 

 

- 117,884

 

- 150,800

Payments for investments in intangible assets

 

22.

 

- 12,323

 

- 8,814

Proceeds from disposal of non-current financial assets

 

 

 

0

 

361

Payments for investments in non-current financial assets

 

 

 

0

 

- 1,685

Proceeds (+), payments (-) for short-term deposits

 

 

 

54,255

 

16,950

Cash flow from investing activities

 

 

 

- 48,920

 

- 130,214

 

 

 

 

 

 

 

3. Cash flow from financing activities

 

 

 

 

 

 

Payments for increasing interests in fully consolidated companies

 

 

 

- 13,556

 

0

Dividends paid to shareholders of the parent company

 

21.

 

- 46,062

 

- 40,482

Dividends/settlement obligation paid to non-controlling interests

 

 

 

- 24,907

 

- 32,400

Redemption of lease liabilities

 

 

 

- 5,132

 

- 7,144

Proceeds from the issuance of bonds and (financial) loans

 

 

 

10,000

 

121,265

Payments for the redemption of (financial) loans

 

 

 

- 42,754

 

- 123,964

Cash flow from financing activities

 

 

 

- 122,411

 

- 82,725

 

 

 

 

 

 

 

4. Financial funds at the end of the period

 

 

 

 

 

 

Change in financial funds (subtotals 1.–3.)

 

 

 

63,228

 

- 17,598

Change in financial funds due to exchange rates

 

 

 

- 1,006

 

- 2,604

Change in financial funds due to consolidation

 

 

 

4,760

 

0

Financial funds at the beginning of the period

 

 

 

165,415

 

185,617

Financial funds at the end of the period

 

43.

 

232,397

 

165,415