Annual Financial Statements 2010 of Bank Austria

Consolidated Financial Statements in accordance with IFRSs
Statement of Cash Flows
of the Bank Austria Group for the year ended 31 December 2010
Bank Austria · Annual Financial Statements 2010
(€ m)
2010 2009
Net prOfit 798 1,152
Non-cash items included in net profit, and adjustments to reconcile net profit to cash flows from operating activities
Depreciation, amortisation, net writedowns of loans, and changes in fair values 2,564 2,670
Increase in staff-related provisions and other provisions 385 335
Increase/decrease in other non-cash items –577 –34
Gains/losses on disposal of intangible assets, property, plant and equipment, and investments –76 –150
sub-tOtal 3,094 3,973
Increase/decrease in operating assets and liabilities after adjustment for non-cash components
Financial assets held for trading –16 6,739
Loans and receivables with banks and customers –5,046 16,731
Other asset items –18,961 –656
Financial liabilities held for trading 1,202 –5,910
Deposits from banks and customers 3,294 –17,769
Debt securities in issue –348 –3,451
Other liabilities items 15,886 82
cash flOWs frOm OperatiNg actiVities –895 –261
Proceeds from disposal of
investments 5,572 6,377
property, plant and equipment 70 73
Payments for purchases of
investments –11,274 –5,922
property, plant and equipment –353 –306
Proceeds from sales (less cash disposed of) of subsidiaries 5,976 53
Payments for acquisition (less cash acquired) of subsidiaries – –
Other changes –190 –355
cash flOWs frOm iNVestiNg actiVities –199 –80
Proceeds from capital increase 2,000 –
Dividends paid – –
Subordinated liabilities and other financial activities (net) –1,131 –319
cash flOWs frOm fiNaNciNg actiVities 869 –319
cash aNd cash equiValeNts at eNd Of preViOus periOd 3,244 3,929
Cash flows from operating activities –895 –261
Cash flows from investing activities –199 –80
Cash flows from financing activities 869 –319
Effects of exchange rate changes 11 –25
cash aNd cash equiValeNts at eNd Of periOd 3,030 3,244
paymeNts fOr taxes, iNterest aNd diVideNds
Income taxes paid – 91 –44
Interest received 8,481 10,500
Interest paid –4,026 –6,050
Dividends received 66 83
The amount of cash and cash equivalents stated in the statement of cash flows for 2009 also includes cash and cash equivalents of non-current assets and disposal groups classified as held for sale.
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