Condensed consolidated statement
of cash flows

2nd quarter

 

 

 

 

 

January - June

2013

 

2014

 

in € millions

 

2013

 

2014

1,112

 

879

 

Cash and cash equivalents at beginning of period

 

1,558

 

2,020

 

 

 

 

 

 

 

 

 

 

 

Adjustments to reconcile earnings to cash generated from operating activities

 

 

333

 

230

 

Profit for the period from continuing operations

 

445

 

372

152

 

156

 

Amortization and depreciation

 

310

 

304

(123)

 

(2)

 

Changes in working capital

 

(473)

 

(473)

(38)

 

(60)

 

Changes in provisions

 

(317)

 

(354)

(63)

 

69

 

Other changes

 

(110)

 

(8)

261

 

393

 

Net cash from operating activities

 

(145)

 

(159)

(168)

 

(150)

 

Capital expenditures

 

(299)

 

(265)

7

 

 

Acquisitions and divestments net of cash acquired

 

(6)

 

9

 

3

 

Other changes

 

22

 

21

(152)

 

(147)

 

Net cash from investing activities

 

(283)

 

(244)

(59)

 

(22)

 

Changes from borrowings

 

104

 

(514)

(178)

 

(175)

 

Dividends

 

(186)

 

(177)

2

 

 

Other changes

 

12

 

9

(235)

 

(197)

 

Net cash from financing activities

 

(70)

 

(682)

(126)

 

49

 

Net cash from continuing operations

 

(498)

 

(1,085)

779

 

(11)

 

Cash flows from discontinued operations

 

692

 

(14)

653

 

38

 

Net change in cash and cash equivalents of total operations

 

194

 

(1,099)

(38)

 

9

 

Effect of exchange rate changes on cash and cash equivalents

 

(25)

 

5

1,727

 

926

 

Cash and cash equivalents at June 30

 

1,727

 

926