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Cash flow statement of the
Bank Austria Creditanstalt Group
€ m 2005 2004
NET INCOME
Non-cash items included in net income, and adjustments to
reconcile net income to cash flows from operating activities
1,075 671
Depreciation, amortisation, losses on loans and advances, and changes in fair values 834 800
Increase in staff-related provisions and other provisions 317 297
Increase/decrease in other non-cash items
Gains/losses on disposals of intangible assets,
– 245 374
property and equipment, and investments – 286 – 24
SUB-TOTAL 1,695 2,118
Increase/decrease in operating assets and liabilities
after adjustment for non-cash components
Trading assets – 506 – 2,965
Loans and advances – 9,091 – 4,465
Other assets – 241 126
Trading liabilities – 467 57
Amounts owed to banks and customers 8,207 4,478
Liabilities evidenced by certificates 2,995 1,899
Other liabilities 581 190
CASH FLOWS FROM OPERATING ACTIVITIES 3,173 1,438
Proceeds from disposal of
investments 1,061 3,054
property and equipment
Payments for purchases of
157 89
investments – 2,206 – 3,635
property and equipment – 611 – 469
Proceeds from sales (less cash disposed of) of subsidiaries 153 – 26
Payments for acquisition (less cash acquired) of subsidiaries 87 – 4
Other changes 67 198
CASH FLOWS FROM INVESTING ACTIVITIES –1,292 – 793
Proceeds from capital increase – –
Dividends paid – 221 –150
Subordinated liabilities and other financing activities (net) 95 –105
CASH FLOWS FROM FINANCING ACTIVITIES –126 –255
CASH AND CASH EQUIVALENTS AT END OF PREVIOUS PERIOD 2,724 2,282
Cash flows from operating activities 3,173 1,438
Cash flows from investing activities –1,292 – 793
Cash flows from financing activities –126 – 255
Effects of exchange rate changes – 26 52
CASH AND CASH EQUIVALENTS AT END OF PERIOD 4,453 2,724
PAYMENTS FOR TAXES, INTEREST AND DIVIDENDS
Income taxes paid –67 –88
Interest received 4,853 4,861
Interest paid – 2,625 – 2,466
Dividends received 203 129
Cash flow statement 113