Annual Report 2006
Consolidated Statements of Cashflows
| Note |
2006 |
2005 |
| |
MCHF |
MCHF |
| Cash provided by operating activities |
|
|
| Net income |
355.0 |
262.5 |
| Depreciation and amortization |
7/9 |
86.9 |
89.0 |
| Finance costs, net |
23 |
16.3 |
17.2 |
| Income tax expenses |
24 |
110.9 |
89.7 |
| Other |
6.1 |
9.2 |
| Income taxes paid |
(123.1) |
(80.6) |
| Changes in net working capital |
25 |
(9.7) |
1.9 |
| |
|
|
| Cash from/(used) in investing activities |
|
|
| Acquisitions, net |
(0.9) |
69.9 |
| Purchase of property, plant & equipment and intangible assets |
7/9 |
(81.3) |
(79.5) |
| Proceeds from sale of property, plant & equipment and intangible assets |
2.6 |
6.3 |
| Other, net |
2.4 |
2.8 |
| |
|
|
| Cash from/(used) in financing activities |
|
|
| Proceeds from short-term borrowings |
1.6 |
88.6 |
| Repayments of short-term borrowings |
(49.7) |
(43.1) |
| Proceeds from long-term borrowings |
179.4 |
267.4 |
| Repayments of long-term borrowings |
(196.9) |
(481.9) |
| Interest paid |
(14.7) |
(17.2) |
| Dividends |
(101.5) |
(90.3) |
| (Purchase)/Sale of treasury shares |
(188.1) |
(14.5) |
| Other, net |
(1.1) |
(1.4) |
| |
|
|
| Effects of exchange rates on cash |
8.2 |
2.4 |
| |
|
|
| |
|
|
| Cash and cash equivalents at beginning of year |
180.0 |
81.6 |
