Cash flows and net debt

Operating activities in Q2 2014 resulted in a cash inflow of €393 million (2013: €261 million). The change is mainly due to lower cash outflows for working capital. Last years’ profit for the period from continuing operations of €333 million included a €124 million tax gain, which was non-cash and hence adjusted for in other changes.

Net cash from continuing operations for the quarter was €49 millon positive. Net debt in Q2 was stable at €2,129 million (Q1 2014: €2,186 million).