CASH FLOW STATEMENT
LANXESS GROUP
|
€ million |
Note |
2007 |
2008 |
|
Income before income taxes |
172 |
229 |
|
|
Depreciation and amortization |
298 |
279 |
|
|
Gains on disposals of intangible assets and property, plant and equipment |
(3) |
(15) |
|
|
Loss (income) from investments accounted for using the equity method |
1 |
(20) |
|
|
Financial (gains) losses |
(4) |
71 |
|
|
Income taxes paid |
(114) |
(120) |
|
|
Changes in inventories |
(32) |
(113) |
|
|
Changes in trade receivables |
(59) |
173 |
|
|
Changes in trade payables |
12 |
(34) |
|
|
Changes in other assets and liabilities |
199 |
56 |
|
|
Net cash provided by operating activities |
470 |
506 |
|
|
|
(284) |
(356) |
|
|
Cash outflows for financial assets |
(65) |
(35) |
|
|
Cash outflows for the acquisition of subsidiaries, less acquired cash and cash equivalents |
(23) |
(245) |
|
|
Cash inflows from sales of intangible assets, property, plant and equipment |
8 |
33 |
|
|
Cash inflows from divestments of subsidiaries and other businesses, less divested cash and cash equivalents |
68 |
27 |
|
|
Interest and dividends received |
21 |
19 |
|
|
Cash outflows for external financing of pension obligations (CTA) |
(60) |
0 |
|
|
Net cash used in investing activities |
(335) |
(557) |
|
|
|
18 |
442 |
|
|
Repayments of borrowings |
(30) |
(196) |
|
|
Interest paid and other financial disbursements |
(31) |
(47) |
|
|
Dividend payments |
(22) |
(84) |
|
|
Disbursements for repurchases of own shares |
(50) |
0 |
|
|
Net cash provided by (used in) financing activities |
(115) |
115 |
|
|
|
20 |
64 |
|
|
Cash and cash equivalents as of January 1 |
171 |
189 |
|
|
Other changes in cash and cash equivalents |
(2) |
(4) |
|
|
Cash and cash equivalents as of December 31 |
189 |
249 |