Cash flows and net debt

Operating activities in Q3 resulted in a cash inflow of €489 million (2013: €552 million). The change is mainly due to the net effect of:

  • Higher profit for the period
  • Lower cash inflows from working capital
  • Lower non-cash interest charges and higher taxes paid

Net cash from continuing operations for the quarter was €64 millon positive. Net debt in Q3 decreased to €1,801 million (Q2 2014: €2,129 million), mainly due to net cash from operating activities.