Condensed consolidated statement
of cash flows
1st quarter |
|
|
||
in € millions |
2013 |
2014 |
||
Cash and cash equivalents at beginning of period |
1,558 |
2,020 |
||
|
|
|
||
Adjustments to reconcile earnings to cash generated from operating activities |
|
|
||
Profit for the period from continuing operations |
112 |
142 |
||
Amortization and depreciation |
158 |
148 |
||
Changes in working capital |
(350) |
(471) |
||
Changes in provisions |
(279) |
(294) |
||
Other changes |
(47) |
(77) |
||
Net cash from operating activities |
(406) |
(552) |
||
Capital expenditures |
(131) |
(115) |
||
Acquisitions and divestments net of cash acquired |
(13) |
– |
||
Other changes |
13 |
18 |
||
Net cash from investing activities |
(131) |
(97) |
||
Changes from borrowings |
163 |
(492) |
||
Dividends |
(8) |
(2) |
||
Other changes |
10 |
9 |
||
Net cash from financing activities |
165 |
(485) |
||
Net cash used for continuing operations |
(372) |
(1,134) |
||
Cash flows from discontinued operations |
(87) |
(3) |
||
Net change in cash and cash equivalents of total operations |
(459) |
(1,137) |
||
Effect of exchange rate changes on cash and cash equivalents |
13 |
(4) |
||
Cash and cash equivalents at March 31 |
1,112 |
879 |