Cash flow statement for the Deutz Group

Cash flow statement for the DEUTZ Group

€ million      
  Anhang 2018 2017 1)
EBIT   82.0 143.8
Income taxes paid   –16.7 –9.6
Depreciation, amortisation and impairment of non-current assets   79.4 93.5
Gains/losses on the sale of non-current assets   0.1 –114.6
Profit/loss and impairment on equity-accounted investments   14.1 1.1
Other non-cash income and expenses   –15.8 0.0
Change in working capital   –50.4 –7.7
Change in inventories   –43.8 –27.6
Change in trade receivables   –13.4 –24.0
Change in trade payables   6.8 43.9
Change in other receivables and other current assets   –6.8 14.8
Change in provisions and other liabilities (excluding financial liabilities)   11.6 –8.6
Cash flow from operating activities   97.5 112.7
       
Capital expenditure on intangible assets, property, plant and equipment   –78.9 –68.3
Expenditure on investments   –11.2 –0.4
Acquisition of subsidiaries   0.0 –83.6
Proceeds from the sale of non-current assets   9.8 125.0
Cash flow from investing activities   –80.3 –27.3
       
Dividend payments to shareholders 21 –18.1 –8.5
Interest income   0.3 0.4
Interest expense   –3.0 –3.3
Repayment of capital contributions to non-controlling interests   0.0 –1.3
Cash receipts from borrowings   11.2 0.0
Repayments of loans 24 –18.6 –19.9
Cash flow from financing activities   –28.2 –32.6
       
Cash flow from operating activities   97.5 112.7
Cash flow from investing activities   –80.3 –27.3
Cash flow from financing activities   –28.2 –32.6
Change in cash and cash equivalents   –11.0 52.8
       
Cash and cash equivalents at 1 Jan   143.8 91.8
Change in cash and cash equivalents   –11.0 52.8
Change in cash and cash equivalents related to exchange rates   0.0 –0.8
Change in cash and cash equivalents related to the basis of consolidation   0.0 0.0
Cash and cash equivalents at 31 Dec 19 132.8 143.8
1) Adjusted as a result of the write-downs on the DEUTZ Dalian joint venture. See in the notes to the consolidated financial statements for further details.