Condensed consolidated statement of cash flows

Condensed consolidated statement of cash flows

in € million

Q1 – Q3
2021

Q1 – Q3
2020

Earnings before interest and tax

623.9

272.8

 

 

 

Amortization, depreciation and impairment minus reversals of impairment on non-current assets without lease and rental assets

302.5

300.4

Depreciation and impairment minus reversals of impairment on lease and rental assets

391.1

388.8

Non-cash reversals of deferred revenue from lease business

–118.7

–140.9

Other non-cash income (–) / expenses (+)

29.5

42.3

Gains (–) / losses (+) on disposal of non-current assets

–4.9

–3.0

Change in leased assets (excluding depreciation) and receivables / liabilities from lease business

–140.3

–110.2

Change in rental assets (excluding depreciation) and liabilities from rental business

–145.4

–148.8

Change in net working capital

–448.1

–277.0

thereof inventories

–368.5

–127.0

thereof trade receivables and trade payables

181.0

–51.3

thereof contract assets and contract liabilities

–260.6

–98.8

Cash payments for defined benefit obligations

–21.4

–17.3

Change in other provisions

26.3

19.7

Change in other operating assets / liabilities

0.0

–0.3

Taxes paid

–154.1

–156.5

Cash flow from operating activities

340.5

170.1

 

 

 

Cash payments for purchase of non-current assets

–199.1

–189.9

Cash receipts from disposal of non-current assets

9.9

5.8

Dividends received

6.1

2.7

Acquisition of subsidiaries / other businesses (net of cash acquired)

–12.1

–109.2

Cash receipts / payments for sundry assets

–10.7

6.2

Cash flow from investing activities

–205.8

–284.4

 

 

 

Capital increase from issuing of employee shares

0.0

0.3

Dividend of KION GROUP AG

–53.7

–4.7

Dividends paid to non-controlling interests

–1.6

–2.0

Financing costs paid

–3.2

–12.2

Transaction costs in connection with equity measures

–2.1

0.0

Proceeds from borrowings

525.6

2,977.6

Repayment of borrowings

–477.5

–2,518.1

Interest received

1.3

1.1

Interest paid

–24.2

–18.8

Interest and principal portion from procurement leases

–105.0

–98.2

Cash receipts / payments from other financing activities

–1.1

22.7

Cash flow from financing activities

–141.6

347.7

 

 

 

Effect of exchange rate changes on cash and cash equivalents

7.4

–15.6

 

 

 

Change in cash and cash equivalents

0.6

217.8

Cash and cash equivalents at the beginning of the period

314.4

211.2

Cash and cash equivalents at the end of the period

315.0

429.0