Statement of Cash Flows
LANXESS Group
|
€ million |
Note |
2009 |
2010 |
|
Income before income taxes |
32 |
493 |
|
|
Depreciation and amortization |
273 |
283 |
|
|
Gains on disposals of intangible assets and property, plant and equipment |
(18) |
0 |
|
|
Income from investments accounted for using the equity method |
(8) |
(16) |
|
|
Financial losses |
71 |
83 |
|
|
Income taxes paid |
0 |
(114) |
|
|
Changes in inventories |
228 |
(205) |
|
|
Changes in trade receivables |
23 |
(176) |
|
|
Changes in trade payables |
(12) |
161 |
|
|
Changes in other assets and liabilities |
(24) |
(4) |
|
|
Net cash provided by operating activities |
565 |
505 |
|
|
Cash outflows for purchases of intangible assets, property, plant and equipment |
(275) |
(501) |
|
|
Cash outflows for (cash inflows from) financial assets |
(448) |
107 |
|
|
Cash outflows for the acquisition of subsidiaries, less acquired cash and cash equivalents |
(86) |
0 |
|
|
Cash inflows from sales of intangible assets, property, plant and equipment |
24 |
3 |
|
|
Cash inflows from divestments of subsidiaries and other businesses, less divested cash and cash equivalents |
7 |
0 |
|
|
Interest and dividends received |
37 |
16 |
|
|
Cash outflows for external financing of pension obligations (CTA) |
(30) |
(75) |
|
|
Net cash used in investing activities |
(771) |
(450) |
|
|
Proceeds from borrowings |
943 |
170 |
|
|
Repayments of borrowings |
(590) |
(251) |
|
|
Interest paid and other financial disbursements |
(53) |
(91) |
|
|
Dividend payments |
(42) |
(42) |
|
|
Net cash provided by (used in) financing activities |
258 |
(214) |
|
|
Change in cash and cash equivalents from business activities |
52 |
(159) |
|
|
Cash and cash equivalents as of January 1 |
249 |
313 |
|
|
Other changes in cash and cash equivalents |
12 |
6 |
|
|
Cash and cash equivalents as of December 31 |
313 |
160 |
|