Non-cash expenses and income include depreciation (including financial assets) in the amount of EUR 385.6 million. Taking the change in working capital into consideration, cash flows from operating activities amounted to EUR 381.9 million in comparison to EUR 450.3 million in the first half of the preceding year; this represents a decrease of about 15%. After the deduction of EUR 606.3 million in cash flows from investing activities that include EUR 226.5 million in additions of other financial assets (basically a temporary investment of a portion of the proceeds of a bond issue) and taking into account cash flows from financing activities amounting to EUR 424.9 million (mainly proceeds of a bond issue as well as additional long-term funding less dividends), the resulting change in cash and cash equivalents (without net exchange differences) amounts to EUR 200.5 million.
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