Cash flow statement for the Deutz Group

  Note 2017 2016
€ million      
EBIT   146.5 23.4
Income taxes paid   –9.6 –9.2
Depreciation, amortisation and impairment of non-current assets   93.5 90.8
Gains/losses on the sale of non-current assets   –114.6 –0.3
Profit/loss on equity-accounted investments   –1.6 5.6
Other non-cash income and expenses   0.4
Change in working capital   –7.7 –18.7
Change in inventories   –27.6 1.6
Change in trade receivables   –24.0 –11.1
Change in trade payables   43.9 –9.2
Change in other receivables and other current assets   14.8 –8.4
Change in provisions and other liabilities (excluding financial liabilities)   –8.6 –19.8
Cash flow from operating activities   112.7 63.8
       
Capital expenditure on intangible assets, property, plant and equipment   –68.3 –57.8
Capital expenditure on investments   –0.4 –0.2
Acquisition of subsidiaries   –83.6
Proceeds from the sale of non-current assets   125.0 2.6
Cash flow from investing activities   –27.3 –55.4
       
Dividend payments to shareholders 21 –8.5 –8.5
Interest income   0.4 0.2
Interest expense   –3.3 –3.9
Repayment of capital contributions to non-controlling interests   –1.3
Cash receipts from borrowings  
Repayments of loans 24 –19.9 –14.6
Cash flow from financing activities   –32.6 –26.8
       
Cash flow from operating activities   112.7 63.8
Cash flow from investing activities   –27.3 –55.4
Cash flow from financing activities   –32.6 –26.8
Change in cash and cash equivalents   52.8 –18.4
       
Cash and cash equivalents at 1 Jan   91.8 112.5
Change in cash and cash equivalents   52.8 –18.4
Change in cash and cash equivalents related to exchange rates   –0.8 0.2
Change in cash and cash equivalents related to the basis of consolidation   –2.5
Cash and cash equivalents at 31 Dec 19 143.8 91.8