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