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Consolidated statement of cash flows 2015/16

Notes

 

2014/151

 

2015/16

 

 

 

 

 

 

Operating activities

 

 

 

 

 

Profit after tax

 

 

595.0

 

602.1

Non-cash expenses and income

24

 

580.7

 

566.2

Changes in working capital

 

 

 

 

 

Change in inventories

 

 

–65.2

 

91.7

Change in receivables and liabilities

 

 

–30.5

 

–38.7

Change in provisions

 

 

39.9

 

60.9

 

 

 

–55.8

 

113.9

Cash flows from operating activities

 

 

1,119.9

 

1,282.2

 

 

 

 

 

 

Investing activities

 

 

 

 

 

Additions of other intangible assets, property, plant and equipment

 

 

–1,061.3

 

–1,284.3

Income from disposals of assets

 

 

33.5

 

17.1

Cash flows from the acquisition of control of subsidiaries

 

 

–52.1

 

–13.1

Cash flows from the loss of control of subsidiaries

 

 

124.8

 

0.1

Additions/divestments of other financial assets

 

 

27.1

 

50.2

Cash flows from investing activities

 

 

–928.0

 

–1,230.0

 

 

 

 

 

 

Financing activities

 

 

 

 

 

Dividends paid

 

 

–230.0

 

–204.8

Dividends paid non-controlling interests

 

 

–14.0

 

–46.3

Acquisition of non-controlling interests

 

 

–9.9

 

–2.4

Redemption hybrid bond

17

 

–500.0

 

Capital increase

 

 

 

85.6

Increase in long-term financial liabilities

 

 

1,210.2

 

642.9

Repayment of long-term financial liabilities

 

 

–841.2

 

–180.7

Repayment of long-term finance lease liabilities

 

 

–4.8

 

–8.7

Change in current financial liabilities and other financial liabilities

 

 

100.1

 

–24.5

Cash flows from financing activities

 

 

–289.6

 

261.1

 

 

 

 

 

 

Net decrease/increase in cash and cash equivalents

 

 

–97.7

 

313.3

Cash and cash equivalents, beginning of year

 

 

532.4

 

464.5

Net exchange differences

 

 

29.8

 

–3.0

Cash and cash equivalents, end of year

16

 

464.5

 

774.8

 

 

 

 

 

 

1
Business year 2014/15 retroactively adjusted.
Further details are given in the Notes to the consolidated financial statements 2015/16 under “B. Summary of accounting policies”.

In millions of euros

About voestalpine

The voestalpine Group is a steel-based technology and capital goods group that operates worldwide. With its top-quality products, the Group is one of the leading partners to the automotive and consumer goods industries in Europe and to the oil and gas industries worldwide.

Facts

50 Countries on all 5 continents
500 Group companies and locations
48,500 Employees worldwide

Earnings FY 2015/16

€ 11.1 Billion

Revenue

€ 1.6 Billion

EBITDA

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