Cash Flow Statement
1 October 2008 to 30 September 2009
|
in EUR thousand |
2008/2009 |
2007/2008 |
|
Net income after tax |
1,160 |
80,830 |
|
Income tax |
914 |
42,947 |
|
Interest and similar income/expenses, net |
11,147 |
12,005 |
|
Depreciation, amortisation and impairments |
31,235 |
27,961 |
|
EBITDA |
44,457 |
163,742 |
|
Change in inventories |
54,299 |
–43,728 |
|
Change in trade receivables |
48,062 |
–16,935 |
|
Change in trade payables |
–33,181 |
26,151 |
|
Change in advance payments made/received, net |
–25,379 |
26,060 |
|
Gain/loss on disposal of assets |
507 |
–3,146 |
|
Share of profit from equity-accounted investments |
–2,043 |
–2,492 |
|
Dividends received from equity-accounted investments |
236 |
1,170 |
|
Change in other financial/non-financial assets |
3,239 |
2,644 |
|
Change in other financial/non-financial liabilities |
–6,081 |
14,610 |
|
Cash flow from operating activities before interest and tax |
84,115 |
168,075 |
|
Interest received |
2,991 |
5,413 |
|
Interest paid |
–4,794 |
–10,132 |
|
Income tax paid |
–20,545 |
–16,221 |
|
Cash flow from operating activities |
61,767 |
147,135 |
|
Purchase of intangible assets and property, plant and equipment |
–18,823 |
–25,410 |
|
Proceeds from disposal of assets |
486 |
4,141 |
|
Cash flow from investing activities |
–18,337 |
–21,269 |
|
Free cash flow (FCF) before financing* |
43,430 |
125,866 |
|
Change in financial receivables/liabilities |
637 |
–65,091 |
|
Dividends paid |
–29,642 |
–23,290 |
|
Share-based payment |
– |
–1,318 |
|
Cash flow from financing activities |
–29,005 |
–89,700 |
|
Effect of foreign exchange rate changes on free cash flow |
–18 |
–1,440 |
|
Net increase/decrease in cash and cash equivalent |
14,407 |
34,726 |
|
Cash and cash equivalents as at 1 October |
90,003 |
55,716 |
|
Effects of foreign exchange rate changes on cash on hand |
–721 |
–440 |
|
Cash and cash equivalents as at 30 September |
103,689 |
90,003 |
|
Of which restricted |
2,271 |
1,199 |
|
Free cash flow before financing, interest and tax payments* |
65,779 |
146,806 |
| * The Group uses FCF and FCF before financing, interest and tax payments to show the amounts available either for distribution to shareholders or to fund other financing needs. |
Further information on the Cash Flow Statement is provided in Note 31 to the Financial Statements.
