The consolidated statement of cash flows was prepared using the indirect method. Cash and cash equivalents include cash on hand, cash at banks, and checks. The effects of changes in the scope of Consolidated Financial Statements were eliminated and reported in the cash flows from investing activities.
|
|
2017/18 |
|
2018/19 |
|
|
|
|
|
Interest received |
|
6.4 |
|
6.0 |
Interest paid |
|
141.1 |
|
120.7 |
Taxes paid |
|
123.5 |
|
232.2 |
|
|
|
|
|
In millions of euros |
||||
Interest received and paid as well as taxes paid are included in the cash flows from operating activities.
Non-cash expenses and income |
||||
|
|
2017/18 |
|
2018/19 |
|
|
|
|
|
Depreciation, amortization, impairment / reversals |
|
770.1 |
|
771.7 |
Result from the sale of assets |
|
–14.2 |
|
–4.6 |
Changes in pensions and other employee obligations, non-current provisions, and deferred taxes |
|
–25.4 |
|
124.8 |
Other non-cash income and expenses |
|
66.1 |
|
–46.8 |
|
|
796.6 |
|
845.1 |
|
|
|
|
|
In millions of euros |
||||
Cash flows from operating activities include dividend income of EUR 16.5 million (2017/18: EUR 15.5 million) from associates and joint ventures as well as other investments.
Cash flows from investing activities include inflows of cash and cash equivalents from acquisitions in the amount of EUR 6.5 million (2017/18: EUR 0.0 million) and outflows of acquisition costs in the amount of EUR 2.0 million (2017/18: EUR 6.8 million); for details, see chapter D. Acquisitions and other additions to the scope of consolidation.
Cash flows from financing activities include dividends for non-controlling interests in the amount of EUR 18.1 million (2017/18: EUR 12.9 million).
The cash flows and non-cash changes in financial liabilities are presented below:
|
|
Balance as of April 1 |
|
Cash flows |
|
Non-cash changes |
|
Balance as of March 31 |
||||||||||||
|
|
|
|
Increase in non-current financial liabilities |
|
Repayment of non-current financial liabilities |
|
Repayment of non-current finance lease liabilities |
|
Change in current financial liabilities and other financial liabilities |
|
Changes in the scope of Consolidated Financial Statements |
|
Foreign exchange effects |
|
Reclassifications |
|
Other changes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial liabilities 2017/18 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-current financial liabilities |
|
2,743.2 |
|
758.1 |
|
–136.5 |
|
0.0 |
|
0.7 |
|
0.0 |
|
–87.5 |
|
–502.1 |
|
–0.9 |
|
2,775.0 |
Current financial liabilities |
|
1,328.4 |
|
0.0 |
|
–649.3 |
|
0.0 |
|
138.6 |
|
0.5 |
|
–18.2 |
|
502.1 |
|
0.1 |
|
1,302.2 |
Non-current finance lease liabilities |
|
21.5 |
|
0.0 |
|
0.0 |
|
–0.3 |
|
–0.1 |
|
0.0 |
|
–0.1 |
|
–13.0 |
|
0.6 |
|
8.6 |
Current finance lease liabilities |
|
4.5 |
|
0.0 |
|
0.0 |
|
–3.9 |
|
–0.2 |
|
0.0 |
|
–0.2 |
|
13.0 |
|
0.1 |
|
13.3 |
Total financial liabilities |
|
4,097.6 |
|
758.1 |
|
–785.8 |
|
–4.2 |
|
139.0 |
|
0.5 |
|
–106.0 |
|
0.0 |
|
–0.1 |
|
4,099.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial liabilities 2018/19 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-current financial liabilities |
|
2,775.0 |
|
789.2 |
|
–315.1 |
|
0.0 |
|
–0.5 |
|
0.0 |
|
40.1 |
|
–636.1 |
|
1.8 |
|
2,654.4 |
Current financial liabilities |
|
1,302.2 |
|
0.0 |
|
–855.5 |
|
0.0 |
|
42.6 |
|
0.8 |
|
4.5 |
|
636.1 |
|
3.7 |
|
1,134.4 |
Non-current finance lease liabilities |
|
8.6 |
|
0.0 |
|
0.0 |
|
–0.7 |
|
0.5 |
|
0.0 |
|
0.0 |
|
–1.4 |
|
0.4 |
|
7.4 |
Current finance lease liabilities |
|
13.3 |
|
0.0 |
|
0.0 |
|
–6.8 |
|
0.0 |
|
0.0 |
|
0.0 |
|
1.4 |
|
0.0 |
|
7.9 |
Total financial liabilities |
|
4,099.1 |
|
789.2 |
|
–1,170.6 |
|
–7.5 |
|
42.6 |
|
0.8 |
|
44.6 |
|
0.0 |
|
5.9 |
|
3,804.1 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
In millions of euros |
||||||||||||||||||||
Repayments of non-current financial liabilities include EUR 855.5 million (2017/18: EUR 649.3 million), which were reclassified from initially non-current to current financial liabilities.
The additions to assets due to finance lease activities contain non-cash investments in the amount of EUR 0.4 million (2017/18: EUR 0.7 million).