This site uses cookies to store information on your computer. Learn more x

Cash Flow Statement

in € million Jan - Sep 2018 Jan - Sep 2017
Cash, Cash Equivalents and Current Investments (at beginning of period) 1,853 1,548
Current Investments (at beginning of period) 954 944
Cash & Cash Equivalents (at beginning of period) 899 604
Operating Activities    
EBITDA 1,414 1,032
Change in Working  Capital -448 -311
Income Tax -59 -51
Other 26 -51
Cash provided by Operating Activities (Operating cash flow) 933 619
Investing Activities    
Capital Expenditures -470 -384
Payments regarding drawing rights -18 -6
Acquisitions -10 -58
Disposal of Subsidiaries, Businesses & Associates 27 1,467
Disposal of Other Non-current Assets 13 19
Change in Fixed-term Deposits -46 -88
Interest Received 16 8
Dividend and capital (re)payments -41 -73
Other 24 21
Cash used in Investing Activities -505 906
Dividend -223 -199
Interest Paid  -39 -55
Repurchase of shares -213 -252
Proceeds from re-issued treasury shares 91 62
Change in Commercial Paper 0 0
Proceeds from / repayments of corporate bonds 0 0
Other Cash from/ used in Financing Activities 48 -58
Cash from / used in Financing Activities -336 -502
Exchange Differences 6 -21
Cash and Cash Equivalents (end of period) 997 1,606
Current Investment (end of period) 1,001 1,010
Cash and Cash Equivalents & Current Investments (end of period) 1,998 2,616