Consolidated statement of cash flows
in € million |
Note |
2024 |
2023 |
|---|---|---|---|
Earnings before interest and tax |
|
777.8 |
660.6 |
|
|
|
|
Amortization, depreciation and impairment minus reversals of impairment on non-current assets without lease and rental assets |
546.3 |
485.5 |
|
Depreciation and impairment minus reversals of impairment on lease and rental assets |
592.9 |
567.5 |
|
Non-cash reversals of deferred revenue from lease business |
|
–78.9 |
–91.8 |
Other non-cash income (–)/expenses (+) |
|
12.5 |
16.6 |
Gains (–)/losses (+) on disposal of non-current assets |
–5.6 |
–5.9 |
|
Change in assets/liabilities from lease and short-term rental business |
|
–543.1 |
–461.8 |
thereof change in leased assets (excluding depreciation and interest) and receivables/liabilities from lease business |
–270.1 |
–214.1 |
|
thereof change in rental assets (excluding depreciation and interest) and liabilities from short-term rental business |
–186.6 |
–186.8 |
|
thereof interest received from lease business |
|
140.2 |
102.0 |
thereof interest paid from lease and short-term rental business |
|
–226.6 |
–162.9 |
Change in net working capital |
|
243.0 |
27.5 |
thereof inventories |
93.8 |
–31.7 |
|
thereof trade receivables and trade payables |
34.2 |
–22.3 |
|
thereof contract assets and contract liabilities |
115.0 |
81.4 |
|
Cash payments for defined benefit obligations |
–84.5 |
–85.9 |
|
Change in other provisions |
19.3 |
81.1 |
|
Change in other operating assets/liabilities |
|
–6.3 |
130.5 |
Taxes paid |
|
–302.9 |
–180.0 |
Cash flow from operating activities |
1,170.6 |
1,144.0 |
|
|
|
|
|
Cash payments for purchase of non-current assets (excluding leased and rental assets) |
–462.9 |
–442.8 |
|
Cash receipts from disposal of non-current assets (excluding leased and rental assets) |
|
9.2 |
15.2 |
Dividends received |
|
11.6 |
9.9 |
Acquisition of subsidiaries/other businesses (net of cash acquired) |
|
–36.7 |
–2.8 |
Sale of subsidiaries/other businesses (net of cash) |
|
10.3 |
– |
Cash receipts/payments for sundry assets |
|
–0.1 |
–8.3 |
Cash flow from investing activities |
–468.6 |
–428.8 |
|
|
|
|
|
Dividend of KION GROUP AG |
–91.8 |
–24.9 |
|
Dividends paid to non-controlling interests |
|
–2.2 |
–1.6 |
Financing costs paid |
|
–7.0 |
–7.4 |
Proceeds from borrowings |
1,016.6 |
1,147.5 |
|
Repayment of borrowings |
–845.7 |
–1,621.7 |
|
Interest received |
|
11.3 |
9.7 |
Interest paid |
–69.1 |
–69.7 |
|
Principal portion from procurement leases |
–147.3 |
–135.8 |
|
Interest portion from procurement leases |
–27.8 |
–22.1 |
|
Cash receipts/payments from other financing activities |
|
–61.7 |
4.2 |
Cash flow from financing activities |
–224.7 |
–721.7 |
|
|
|
|
|
Effect of exchange rate changes on cash and cash equivalents |
|
–2.1 |
–5.0 |
|
|
|
|
Change in cash and cash equivalents |
|
475.2 |
–11.5 |
|
|
|
|
Cash and cash equivalents at the beginning of the year |
311.8 |
318.1 |
|
Cash and cash equivalents at the end of the year |
787.0 |
306.6 |
|
Change in cash and cash equivalents in connection with assets held for sale |
– |
5.2 |
|
Cash and cash equivalents at the end of the year (Consolidated statement of financial position) |
787.0 |
311.8 |