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Cash flows

Operating activities in Q3 resulted in a cash inflow of €378 million (2009: €817 million). The change compared with 2009 is mainly due to the following changes in working capital and changes in provisions:

  • In Q3 2009, we added €116 million to the restructuring provision and we received €75 million from tax authorities on a contingent basis for ongoing tax litigation.
  • In Q3 2010 we paid an additional amount to tax authorities and settled a former ICI claim for €32 million.

Copyright © 2010 Akzo Nobel N.V.