Statement of Cash Flows
LANXESS Group
|
€ million |
Note |
2008 |
2009 |
|
Income before income taxes |
246 |
32 |
|
|
Depreciation and amortization |
279 |
273 |
|
|
Gains on disposals of intangible assets and property, plant and equipment |
(15) |
(18) |
|
|
Income from investments accounted for using the equity method |
(21) |
(8) |
|
|
Financial losses |
71 |
71 |
|
|
Income taxes paid |
(120) |
0 |
|
|
Changes in inventories |
(113) |
228 |
|
|
Changes in trade receivables |
173 |
23 |
|
|
Changes in trade payables |
(34) |
(12) |
|
|
Changes in other assets and liabilities |
26 |
(24) |
|
|
Net cash provided by operating activities |
492 |
565 |
|
|
|
(342) |
(275) |
|
|
Cash outflows for financial assets |
(35) |
(448) |
|
|
Cash outflows for the acquisition of subsidiaries, less acquired cash and cash equivalents |
(245) |
(86) |
|
|
Cash inflows from sales of intangible assets, property, plant and equipment |
33 |
24 |
|
|
Cash inflows from divestments of subsidiaries and other businesses, less divested cash and cash equivalents |
27 |
7 |
|
|
Interest and dividends received |
19 |
37 |
|
|
Cash outflows for external financing of pension obligations (CTA) |
0 |
(30) |
|
|
Net cash used in investing activities |
(543) |
(771) |
|
|
|
442 |
943 |
|
|
Repayments of borrowings |
(196) |
(590) |
|
|
Interest paid and other financial disbursements |
(47) |
(53) |
|
|
Dividend payments |
(84) |
(42) |
|
|
Net cash provided by financing activities |
115 |
258 |
|
|
|
64 |
52 |
|
|
Cash and cash equivalents as of January 1 |
189 |
249 |
|
|
Other changes in cash and cash equivalents |
(4) |
12 |
|
|
Cash and cash equivalents as of December 31 |
249 |
313 |
|
2008 figures restated |
|||