UniCredit Bank AG

Financial Statements (2) | Consolidated Financial Statements
Cash Flow Statement
(€ millions)
2009 2008
Consolidated profit/(loss) 884 (649)
Write-downs, provisions for losses on, and write-ups of,
loans and receivables and additions to provisions for losses on guarantees and indemnities 1,678 831
Write-downs and depreciation less write-ups on long-term assets 620 617
Change in other non-cash positions 3,119 (2,064)
Profit from the sale of investments, property, plant and equipment (194) (29)
Other adjustments (net interest and dividend income from the income statement, taxes on income paid) (4,781) (4,443)
Subtotal 1,326 (5,737)
Change in assets and liabilities from operating activities
after correction for non-cash components
Increase in assets/decrease in liabilities (–)
Decrease in assets/increase in liabilities (+)
Financial assets held for trading 27,423 41,042
Loans and receivables with banks (2,880) 1,456
Loans and receivables with customers 27,288 (14,690)
Other assets from operating activities 12 (84)
Deposits from banks (33,110) (3,279)
Deposits from customers (15,955) 5,752
Debt securities in issue 611 (15,163)
Other liabilities from operating activities (8,506) (9,719)
Taxes on income paid (109) (469)
Interest received 11,791 15,871
Interest paid (7,924) (11,974)
Dividends received 415 946
Cash flows from operating activities 382 3,952
Proceeds from the sale of investments 5,475 1,869
Proceeds from the sale of property, plant and equipment 60 54
Payments for the acquisition of investments (1,025) (4,534)
Payments for the acquisition of property, plant and equipment (969) (312)
Effects of the change in the group of companies included in consolidation (including discontinued operations) 107 —
Cash flows from investing activities 3,662 (2,923)
Change in additional paid-in capital — —
Dividend payments — (402)
Other financing activities, net (subordinated and hybrid capital) (2,864) (1,792)
Other financing activities, net (322) 89
Cash flows from financing activities (3,186) (2,105)
F-7
94 2009 Annual Report · HypoVereinsbank