Cash Flow Statement

Earnings before income taxes

Tax payments

Earnings after taxes

Depreciation/reversals of non-current assets

Change in non-current provisions

Change in other non-current assets

Change in other non-current liabilities

Retained earnings of equity companies

Construction cost subsidies received

Revenues from the reversal of construction cost subsidies

Losses from the disposal of assets

Profits from the disposal of assets

Other non-cash expenses and revenues

Change in inventories and current receivables

Payments from hedging transactions

Change in current liabilities

Change in current provisions

CASH FLOW FROM OPERATING ACTIVITIES

Inflow from the disposal of property, plant and equipment, and intangible assets

Outflow for additions to property, plant, equipment and intangible assets

Inflow from the disposal of financial assets

Change in scope of consolidation

Outflow for additions to financial assets and other financial investments

CASH FLOW FROM INVESTMENTS

Dividend distribution

Acquisition of own shares and non-controlling interests

Principal repayment of loan for Gas- und Dampfkraftwerk Timelkam GmbH

Principal repayment of non-current liabilities to banks

Other changes in financial liabilities

CASH FLOW FROM FINANCING ACTIVITIES

Cash funds at beginning of period

Cash flow

Exchange rate effects

Cash funds at end of period

Interest received

Interest paid