Consolidated statement of cash flows
|
|
04/01– |
|
04/01– |
|---|---|---|---|---|
|
|
adjusted1 |
|
|
|
|
|
|
|
Operating activities |
|
|
|
|
Profit before tax |
|
248.5 |
|
278.4 |
Depreciation, amortization, impairments and reversals of impairments, fair value adjustments |
|
378.4 |
|
368.6 |
Result from the disposal of property, plant and equipment, intangible assets and financial assets |
|
−0.2 |
|
−2.3 |
Net interest income |
|
92.8 |
|
77.1 |
Share of profit of entities consolidated according to the equity method and dividend income from other equity investments |
|
−10.0 |
|
−14.9 |
Changes in pensions and other employee obligations and non-current provisions |
|
−15.9 |
|
−8.9 |
Other non-cash expenses and income, deposits and disbursements not recognized in income statement |
|
15.7 |
|
54.2 |
Interest received |
|
23.0 |
|
14.3 |
Interest paid |
|
−101.1 |
|
−62.5 |
Taxes paid |
|
−161.3 |
|
−25.0 |
Dividends received |
|
10.9 |
|
8.5 |
Change in inventories |
|
28.9 |
|
46.5 |
Change in receivables and liabilities |
|
−58.3 |
|
145.3 |
Change in current provisions |
|
−105.8 |
|
−96.0 |
Cash flows from operating activities |
|
345.6 |
|
783.3 |
|
|
|
|
|
Investing activities |
|
|
|
|
Additions to other intangible assets, property, plant and equipment |
|
−507.9 |
|
−472.1 |
Income from disposals of assets |
|
16.6 |
|
9.0 |
Cash flows from the acquisition of control of subsidiaries |
|
−19.8 |
|
−3.3 |
Cash flows from the loss of control of subsidiaries |
|
0.0 |
|
−21.0 |
Additions to/divestments of other financial assets |
|
62.8 |
|
208.5 |
Cash flows from investing activities |
|
−448.3 |
|
−278.9 |
|
|
|
|
|
Financing activities |
|
|
|
|
Dividends paid, equity holders or the parent |
|
−120.0 |
|
−102.9 |
Dividends paid, non-controlling interests |
|
−93.7 |
|
−14.2 |
Change in shares held by non-controlling interests |
|
0.0 |
|
−4.5 |
Increase in non-current financial liabilities |
|
1.1 |
|
0.0 |
Repayment of non-current financial liabilities |
|
−549.0 |
|
−152.1 |
Repayment of lease liabilities |
|
−92.7 |
|
−34.2 |
Change in current financial liabilities and other financial liabilities |
|
−13.9 |
|
−40.1 |
Cash flows from financing activities |
|
−868.2 |
|
−348.0 |
|
|
|
|
|
Change in cash and cash equivalents |
|
−970.9 |
|
156.4 |
Cash and cash equivalents, beginning of year |
|
1,322.1 |
|
781.8 |
Net exchange differences |
|
−5.1 |
|
−7.1 |
Cash and cash equivalents, end of year |
|
346.1 |
|
931.1 |
|
|
|
|
|
|
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In millions of euros |
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