Annual Report 2007
Consolidated Statements of Cashflows
| Note |
2007 |
2006 |
| |
MCHF |
MCHF |
| Cash provided by operating activities |
|
|
| Net income |
463.3 |
355.0 |
| Depreciation and amortization |
9/11 |
84.1 |
86.9 |
| Finance costs, net |
25 |
11.4 |
16.3 |
| Income tax expenses |
26 |
127.9 |
110.9 |
| Other (incl. gain from disposals of subsidiaries and PP&E) |
(53.1) |
6.5 |
| Income taxes paid |
(126.5) |
(123.1) |
| Changes in net working capital |
27 |
(49.1) |
(10.1) |
| |
|
|
| Cash from/(used) in investing activities |
|
|
| Acquisitions of subsidiaries |
2 |
(14.7) |
(0.9) |
| Disposals of subsidiaries and other business units 2 103.2 0.0 |
2 |
103.2 |
0.0 |
| Purchase of property, plant & equipment and intangible assets |
9/11 |
(103.5) |
(81.3) |
| Proceeds from sale of property, plant & equipment and intangible assets |
13.6 |
2.6 |
| Other, net |
12.7 |
2.4 |
| |
|
|
| Cash from/(used) in financing activities |
|
|
| Proceeds from short-term borrowings |
0.0 |
1.6 |
| Repayments of short-term borrowings |
0.0 |
(49.7) |
| Proceeds from long-term borrowings |
30.0 |
179.4 |
| Repayments of long-term borrowings |
(53.4) |
(196.9) |
| Interest paid |
(13.1) |
(14.7) |
| Dividends |
(159.0) |
(101.5) |
| (Purchase)/Sale of treasury shares |
(15.4) |
(188.1) |
| Other, net |
(1.7) |
(1.1) |
| |
|
|
| Effects of exchange rates on cash |
11.0 |
8.2 |
| |
|
|
| |
|
|
| Cash and cash equivalents at beginning of year |
182.4 |
180.0 |
