Consolidated statement of cash flows

In € millions

 

Note

 

 

 

20121

 

 

 

2013

1

Restated for the revised IAS 19.

Profit/(loss) for the period

 

 

 

(2,029)

 

 

 

792

 

 

Income from discontinued operations

 

2

 

436

 

 

 

(131)

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjustments to reconcile earnings to cash generated from operating activities

 

 

 

 

 

 

 

 

 

 

Amortization/depreciation

 

7, 8

 

625

 

 

 

616

 

 

Impairment losses

 

7, 8

 

2,106

 

 

 

139

 

 

Financing income and expenses

 

5

 

205

 

 

 

200

 

 

Results from associates and joint ventures

 

9

 

(13)

 

 

 

(14)

 

 

Pre-tax result on divestments

 

 

 

28

 

 

 

(246)

 

 

Income tax

 

6

 

203

 

 

 

111

 

 

Changes in working capital

 

13

 

251

 

 

 

(13)

 

 

Changes in provisions

 

13

 

(703)

 

 

 

(395)

 

 

Interest paid

 

 

 

(231)

 

 

 

(228)

 

 

Income tax paid

 

6

 

(209)

 

 

 

(230)

 

 

Other changes

 

 

 

68

 

 

 

115

 

 

Net cash from operating activities

 

 

 

 

 

737

 

 

 

716

Capital expenditures

 

8

 

(826)

 

 

 

(666)

 

 

Interest received

 

 

 

48

 

 

 

38

 

 

Dividends from associates and joint ventures

 

9

 

9

 

 

 

10

 

 

Acquisition of consolidated companies

 

2

 

(94)

 

 

 

(34)

 

 

Proceeds from divestments

 

2

 

216

 

 

 

347

 

 

Other changes

 

 

 

(79)

 

 

 

(24)

 

 

Net cash from investing activities

 

 

 

 

 

(726)

 

 

 

(329)

Proceeds from borrowings

 

17, 18

 

1,583

 

 

 

249

 

 

Borrowings repaid

 

18

 

(1,013)

 

 

 

(502)

 

 

Acquisition of non-controlling interests

 

2

 

(51)

 

 

 

 

 

Issue of shares for stock option plan

 

4

 

8

 

 

 

13

 

 

Dividends

 

 

 

(256)

 

 

 

(286)

 

 

Net cash from financing activities

 

 

 

 

 

271

 

 

 

(526)

 

 

 

 

 

 

 

 

 

 

 

Net cash used for continuing operations

 

 

 

 

 

282

 

 

 

(139)

Cash flows from discontinued operations

 

2

 

 

 

(53)

 

 

 

675

Net change in cash and cash equivalents of continued and discontinued operations

 

 

 

 

 

229

 

 

 

536

 

 

 

 

 

 

 

 

 

 

 

Cash and cash equivalents at January 1

 

13

 

 

 

1,335

 

 

 

1,558

Effect of exchange rate changes on cash and cash equivalents

 

 

 

 

 

(6)

 

 

 

(74)

Cash and cash equivalents

 

 

 

 

 

1,558

 

 

 

2,020