Cash flow statement for the Deutz Group

  Note 2014 2013
€ million      
EBIT   12.8 47.5
Income taxes paid   –5.8 –8.6
Depreciation, amortisation and impairment of non-current assets   107.5 94.5
Gains/losses on the sale of non-current assets   –0.1 –0.1
Profit/loss on equity-accounted investments   –1.9 –1.1
Other non-cash income and expenses   0.4 –0.6
Change in working capital   –16.4 –28.1
Change in inventories   –13.8 –42.8
Change in trade receivables   30.5 –34.2
Change in trade payables   –33.1 48.9
Change in other receivables and other current assets   –0.8 –4.2
Change in provisions and other liabilities
(excluding financial liabilities)
  18.4 5.7
Cash flow from operating activities   114.1 105.0
       
Capital expenditure on intangible assets, property, plant and equipment   –61.1 –85.2
Capital expenditure on investments   –0.2
Proceeds from the sale of non-current assets   5.4 0.6
Cash flow from investing activities   –55.9 –84.6
       
Dividend payments to shareholders   –8.5
Interest income   0.6 1.0
Interest expense   –6.8 –7.6
Capital contributions by non-controlling interests   3.7
Cash receipts from borrowings   19.4 20.0
Repayments of loans   –22.2 –30.3
Cash flow from financing activities   –17.5 –13.2
       
Cash flow from operating activities   114.1 105.0
Cash flow from investing activities   –55.9 –84.6
Cash flow from financing activities   –17.5 –13.2
Change in cash and cash equivalents   40.7 7.2
       
Cash and cash equivalents at 1 Jan   58.9 52.1
Change in cash and cash equivalents   40.7 7.2
Change in cash and cash equivalents related to exchange rates   2.1 –0.4
Cash in cash equivalents at 31 Dec 17 101.7 58.9