Condensed consolidated statement
of cash flows
Second quarter |
|
January-June |
||||||
2014 |
2015 |
in € millions |
2014 |
2015 |
||||
879 |
947 |
Cash and cash equivalents at beginning of period |
2,020 |
1,649 |
||||
|
|
|
|
|
||||
Adjustments to reconcile earnings to cash generated from operating activities |
|
|
||||||
230 |
359 |
Profit for the period from continuing operations |
372 |
540 |
||||
156 |
158 |
Amortization and depreciation |
304 |
314 |
||||
(2) |
(40) |
Changes in working capital |
(473) |
(616) |
||||
(60) |
(85) |
Changes in provisions |
(354) |
(495) |
||||
69 |
15 |
Other changes |
(8) |
42 |
||||
393 |
407 |
Net cash from operating activities |
(159) |
(215) |
||||
(150) |
(137) |
Capital expenditures |
(265) |
(260) |
||||
– |
114 |
Acquisitions and divestments net of cash acquired |
– |
112 |
||||
3 |
(14) |
Other changes |
21 |
(20) |
||||
(147) |
(37) |
Net cash from investing activities |
(244) |
(168) |
||||
(22) |
(175) |
Changes from borrowings |
(514) |
(189) |
||||
(175) |
(184) |
Dividends |
(177) |
(205) |
||||
– |
(2) |
Other changes |
9 |
(2) |
||||
(197) |
(361) |
Net cash from financing activities |
(682) |
(396) |
||||
49 |
9 |
Net cash used for continuing operations |
(1,085) |
(779) |
||||
(11) |
(1) |
Cash flows from discontinued operations |
(14) |
(2) |
||||
38 |
8 |
Net change in cash and cash equivalents of total operations |
(1,099) |
(781) |
||||
9 |
(33) |
Effect of exchange rate changes on cash and cash equivalents |
5 |
54 |
||||
926 |
922 |
Cash and cash equivalents at June 30 |
926 |
922 |
||||