Operating activities in Q3 2012 resulted in a cash inflow of €480 million (2011: €409 million). The change is mainly due to a net effect of:
- Higher cash inflow from operating working capital and
- Higher payments related to provisions. Following the judgement in the Metacrylates case by the General Court in June 2012 we paid €113 million in Q3.
Net debt decreased in the quarter to €2,597 million (Q2 2012: €2,844 million) due to the net balance of the cash inflow from operating activities and capital expenditures in Q3.
In Q3 we issued a 10-year bond of €750 million at a coupon of 2.625 percent.