Consolidated statement of cash flows
in € million |
Note |
2019 |
2018 |
||
|---|---|---|---|---|---|
|
|||||
Earnings before interest and tax |
|
716.6 |
642.8 |
||
|
|
|
|
||
Amortisation, depreciation and impairment charges of non-current assets |
898.0 |
897.9 |
|||
Non-cash reversals of deferred revenue from leases |
|
–212.5 |
–238.7 |
||
Other non-cash income (–) / expenses (+) |
|
27.0 |
29.2 |
||
Gains (–) / |
–3.6 |
–1.2 |
|||
Change in leased assets (excluding depreciation) and receivables / liabilities from lease business |
–122.1 |
–137.5 |
|||
Change in rental assets (excluding depreciation) and liabilities from rental business |
–146.6 |
–188.5 |
|||
Change in net working capital* |
–146.8 |
–54.3 |
|||
Cash payments for defined benefit obligations |
–22.0 |
–37.3 |
|||
Change in other provisions |
22.5 |
–19.0 |
|||
Change in other operating assets / liabilities |
|
27.3 |
65.4 |
||
Taxes paid |
|
–191.6 |
–193.2 |
||
Cash flow from operating activities |
846.3 |
765.5 |
|||
|
|
|
|
||
Cash payments for purchase of non-current assets |
–287.4 |
–258.5 |
|||
Cash receipts from disposal of non-current assets |
|
3.6 |
5.1 |
||
Dividends received |
|
12.2 |
14.2 |
||
Acquisition of subsidiaries / other businesses (net of cash acquired) |
|
–10.0 |
–1.6 |
||
Cash receipts / payments for sundry assets |
|
3.8 |
–4.7 |
||
Cash flow from investing activities |
–277.9 |
–245.6 |
|||
|
|
|
|
||
Capital increase from issuing of employee shares |
3.7 |
1.7 |
|||
Acquisition of treasury shares |
–2.9 |
–3.6 |
|||
Dividend of KION GROUP AG |
–141.5 |
–116.8 |
|||
Dividends paid to non-controlling interests |
|
–3.1 |
–2.8 |
||
Cash receipts / payments for changes in ownership interests in subsidiaries without change of control |
|
0.0 |
0.6 |
||
Financing costs paid |
|
–3.8 |
–5.0 |
||
Proceeds from borrowings |
2,940.1 |
1,811.7 |
|||
Repayment of borrowings |
–3,166.2 |
–2,042.6 |
|||
Interest received |
|
3.1 |
2.5 |
||
Interest paid |
–36.7 |
–42.9 |
|||
Interest and principal portion from procurement leases |
–126.5 |
–114.0 |
|||
Cash receipts / payments from other financing activities |
|
–1.1 |
–3.4 |
||
Cash flow from financing activities |
–534.9 |
–514.5 |
|||
|
|
|
|
||
Effect of exchange rate changes on cash and cash equivalents |
|
2.4 |
–3.2 |
||
|
|
|
|
||
Change in cash and cash equivalents |
|
35.9 |
2.2 |
||
|
|
|
|
||
Cash and cash equivalents at the beginning of the year |
175.3 |
173.2 |
|||
Cash and cash equivalents at the end of the year |
211.2 |
175.3 |
|||