Consolidated statement of cash flows
in € million |
Q3 |
Q3 |
Q1 – Q3 |
Q1 – Q3 |
|---|---|---|---|---|
Earnings before interest and tax |
177.7 |
193.7 |
325.0 |
565.9 |
|
|
|
|
|
Amortization, depreciation and impairment minus reversals of impairment on non-current assets without lease and rental assets |
152.6 |
129.3 |
417.2 |
399.6 |
Depreciation and impairment minus reversals of impairment on lease and rental assets |
149.6 |
144.4 |
456.5 |
440.7 |
Non-cash reversals of deferred revenue from lease business |
–18.3 |
–19.0 |
–56.5 |
–58.5 |
Other non-cash income (–)/expenses (+) |
15.1 |
5.3 |
15.6 |
7.8 |
Gains (–)/losses (+) on disposal of non-current assets |
5.2 |
–0.9 |
2.8 |
–5.9 |
Change in assets/liabilities from lease and short-term rental business |
–170.6 |
–131.5 |
–482.7 |
–409.7 |
thereof change in leased assets (excluding depreciation and interest) and receivables/liabilities from lease business |
–99.7 |
–53.8 |
–260.1 |
–172.7 |
thereof change in rental assets (excluding depreciation and interest) and liabilities from short-term rental business |
–63.4 |
–55.6 |
–188.9 |
–169.2 |
thereof interest received from lease business |
43.8 |
35.8 |
127.0 |
100.6 |
thereof interest paid from lease and short-term rental business |
–51.3 |
–57.9 |
–160.7 |
–168.4 |
Change in net working capital |
63.9 |
50.8 |
109.9 |
28.6 |
thereof inventories |
–4.6 |
1.0 |
–71.0 |
–161.0 |
thereof trade receivables and trade payables |
14.5 |
32.9 |
157.3 |
157.4 |
thereof contract assets and contract liabilities |
54.0 |
17.0 |
23.6 |
32.2 |
Cash payments for defined benefit obligations |
–43.1 |
–6.4 |
–74.3 |
–22.7 |
Change in other provisions |
–69.3 |
3.5 |
146.1 |
13.0 |
Change in other operating assets/liabilities |
118.3 |
43.3 |
4.7 |
–26.0 |
Taxes paid |
–47.4 |
–83.9 |
–187.4 |
–237.4 |
Cash flow from operating activities |
333.6 |
328.8 |
676.9 |
695.4 |
|
|
|
|
|
Cash payments for purchase of non-current assets (excluding leased and rental assets) |
–91.0 |
–106.3 |
–264.2 |
–289.0 |
Cash receipts from disposal of non-current assets (excluding leased and rental assets) |
4.7 |
1.6 |
11.0 |
6.6 |
Dividends received |
5.8 |
3.8 |
10.5 |
8.6 |
Acquisition of subsidiaries/other businesses (net of cash acquired) |
–18.3 |
–2.2 |
–29.4 |
–3.0 |
Sale of subsidiaries/other businesses (net of cash) |
– |
– |
– |
10.3 |
Cash receipts/payments for sundry assets |
–3.8 |
3.6 |
–12.1 |
2.5 |
Cash flow from investing activities |
–102.7 |
–99.7 |
–284.1 |
–264.1 |
|
|
|
|
|
Dividend of KION GROUP AG |
– |
– |
–107.5 |
–91.8 |
Dividends paid to non-controlling interests |
–2.6 |
–2.2 |
–2.6 |
–2.2 |
Proceeds from borrowings |
63.7 |
86.4 |
105.8 |
515.5 |
Repayment of borrowings |
–511.2 |
–133.5 |
–639.9 |
–535.0 |
Interest received |
3.1 |
0.9 |
12.3 |
5.5 |
Interest paid |
–11.2 |
–13.5 |
–29.4 |
–44.6 |
Principal portion from procurement leases |
–42.9 |
–37.9 |
–141.5 |
–106.4 |
Interest portion from procurement leases |
–7.4 |
–6.6 |
–22.1 |
–19.8 |
Cash receipts/payments from other financing activities |
1.0 |
1.9 |
–0.7 |
–66.7 |
Cash flow from financing activities |
–507.5 |
–104.5 |
–825.6 |
–345.5 |
|
|
|
|
|
Effect of exchange rate changes on cash and cash equivalents |
–0.4 |
–0.6 |
–11.8 |
–2.1 |
|
|
|
|
|
Change in cash and cash equivalents |
|
|
–444.6 |
83.7 |
Cash and cash equivalents at the beginning of the period |
|
|
787.0 |
311.8 |
Cash and cash equivalents at the end of the period |
|
|
342.5 |
395.5 |
The consolidated income statement, the consolidated statement of financial position, and the consolidated statement of cash flows have been prepared in accordance with International Accounting Standard (IAS) 34 ‘Interim Financial Reporting’ and other International Financial Reporting Standards (IFRSs) as adopted by the EU.