Condensed consolidated statement
of cash flows
Fourth quarter |
|
January-December |
||||||
2014 |
2015 |
in € millions |
2014 |
2015 |
||||
1,028 |
1,041 |
Cash and cash equivalents at beginning of period |
2,020 |
1,649 |
||||
|
|
|
|
|
||||
|
|
Adjustments to reconcile earnings to cash generated from operating activities |
|
|
||||
9 |
220 |
Profit for the period from continuing operations |
600 |
1,060 |
||||
162 |
158 |
Amortization and depreciation |
618 |
626 |
||||
364 |
496 |
Changes in working capital |
28 |
46 |
||||
(4) |
(88) |
Changes in provisions |
(406) |
(658) |
||||
(50) |
(18) |
Other changes |
(29) |
62 |
||||
481 |
768 |
Net cash from operating activities |
811 |
1,136 |
||||
(186) |
(228) |
Capital expenditures |
(588) |
(651) |
||||
32 |
29 |
Acquisitions and divestments net of cash acquired |
38 |
151 |
||||
(2) |
2 |
Other changes |
21 |
(8) |
||||
(156) |
(197) |
Net cash from investing activities |
(529) |
(508) |
||||
424 |
(233) |
Changes from borrowings |
(367) |
(689) |
||||
(84) |
(66) |
Dividends |
(280) |
(281) |
||||
3 |
– |
Other changes |
12 |
(2) |
||||
343 |
(299) |
Net cash from financing activities |
(635) |
(972) |
||||
668 |
272 |
Net cash used for continuing operations |
(353) |
(344) |
||||
(63) |
(4) |
Cash flows from discontinued operations |
(88) |
(6) |
||||
605 |
268 |
Net change in cash and cash equivalents of total operations |
(441) |
(350) |
||||
16 |
8 |
Effect of exchange rate changes on cash and cash equivalents |
70 |
18 |
||||
1,649 |
1,317 |
Cash and cash equivalents at December 31, 2015 |
1,649 |
1,317 |
||||