Cash flow statement for the Deutz Group

  Note 2016 2015
€ million      
EBIT   23.4 4.9
Income taxes paid   –9.2 –9.4
Depreciation, amortisation and impairment of
non-current assets
  90.8 107.3
Gains/losses on the sale of non-current assets   –0.3 –3.1
Profit/loss on equity-accounted investments   5.6 6.8
Other non-cash income and expenses   0.4 –0.9
Change in working capital   –18.7 23.1
Change in inventories   1.6 0.7
Change in trade receivables   –11.1 24.5
Change in trade payables   –9.2 –2.1
Change in other receivables and other current assets   –8.4 8.6
Change in provisions and other liabilities
(excluding financial liabilities)
  –19.8 –34.0
Cash flow from operating activities   63.8 103.3
       
Capital expenditure on intangible assets,
property, plant and equipment
  –57.8 –68.2
Capital expenditure on investments   –0.2 –0.1
Proceeds from the sale of
non-current assets
  2.6 3.9
Cash flow from investing activities   –55.4 –64.4
       
Dividend payments to shareholders 21 –8.5 –8.5
Interest income   0.2 0.6
Interest expense   –3.9 –4.5
Repayment of capital contributions to
non-controlling interests
  –2.6
Cash receipts from borrowings  
Repayments of loans 24 –14.6 –14.8
Cash flow from financing activities   –26.8 –29.8
       
Cash flow from operating activities   63.8 103.3
Cash flow from investing activities   –55.4 –64.4
Cash flow from financing activities   –26.8 –29.8
Change in cash and cash equivalents   –18.4 9.1
       
Cash and cash equivalents at 1 Jan   112.5 101.7
Change in cash and cash equivalents   –18.4 9.1
Change in cash and cash equivalents related to
exchange rates
  0.2 1.7
Change in cash and cash equivalents related to the
basis of consolidation
  –2.5
Cash and cash equivalents at 31 Dec 19 91.8 112.5