Note 23: Cash flow
Operating activities in 2020 resulted in a cash inflow of €1,220 million (2019: cash inflow of €33 million).
The pension pre-funding in 2019 concerns the payment of €161 million for the funding of the escrow account for Akzo Nobel (CPS) Pension Scheme in the UK.
In € millions |
2019 |
2020 |
|---|---|---|
Trade and other receivables |
9 |
(14) |
Inventories |
9 |
(84) |
Trade and other payables |
(262) |
282 |
Total |
(244) |
184 |
The above amounts cannot be reconciled directly to the respective balance sheet positions. They reflect changes in balance sheet positions only to the extent these have a cash flow impact, or they reverse the non-cash impact as included in profit for the period. These amounts exclude non-cash movements such as unwinding of discount, movements through other comprehensive income, acquisitions and divestments, and changes in exchange rates.
The change in equity during a period resulting from transactions and other events, other than those changes resulting from transactions with shareholders in their capacity as shareholders.