PDF (7.3 MB) - GILDEMEISTER Interim Report 3rd Quarter 2012

Consolidated Financial Statements of gildemeister Aktiengesellschaft: Consolidated Cash Flow Statement 127Consolidated Cash Flow Statementof gildemeister Aktiengesellschaft from1 January to 31 December 2010cash flow from operating activities2010 2009Notes € k € kEarnings before taxes (ebt) 6,532 7,109Depreciation 29,456 29,119Financial result 14 38,045 24,733Change in long-term provisions – 14,093 – 13,824Other expense not affecting payments 694 1,517Change in short-term provisions 8,788 – 55,260Income from the disposal of fixed assets – 1,740 55Income tax refunds 273 323Income taxes paid – 12,334 – 6,171Interest received 878 2,440Interest paid – 33,221 – 24,576Dividends received 14 799 485Changes in asset and liabilities itemsInventories – 12,693 34,623Trade debtors – 61,018 46,467Other assets not from investments or financing activity – 52,296 4,232Trade creditors 122,474 – 57,710Other liabilities not from investments or financing activity 54,072 – 68,797cash flow from investment activity37 74,616 – 75,235Amounts received from the disposal of tangible assetsand intangible assets 4,408 1,324Amounts paid out for investments in tangible assets – 22,285 – 18,717Amounts paid out for investments in intangible assets – 11,512 – 7,846Amounts paid out for the disposal of financial assets – 10,976 – 31,26037 – 40,365 – 56,499cash flow from financing activityDividends paid – 4,558 – 17,321Payments made for repaying of financial debts – 3,787 – 42,535Proceeds from capital increase 0 18,076Payments for the costs of the capital increase 0 – 50037 – 8,345 – 42,280Changes affecting payments 25,906 – 174,014Effects of exchange rate changes on financial securities 1,423 532Cash and cash equivalents as at 1 January 84,440 257,922Cash and cash equivalents as at 31 December 26 111,769 84,440See explanatory notes included to the Consolidated Financial Statements page 200consolidated financialstatements