ANNUAL REPORT 2010/11 - Schumag AG

SCHUMAG AG 41CONSOLIDATEDCASH-FLOW STATEMENTExplained in Notes 2010/11 2009/10TEURTEURNet income -964 -15,179Depreciation & amortization of intangible assets and property, plant & equipment 2,847 8,425Changes in pension provisions -387 -379Other expenses/income affecting payment -12 -654Result from disposals of long-term assets 60 10Changes in deferred taxes -1,359 -955Changes in inventories -1,755 2,891Changes in trade receivables -527 -1,012Changes in other assets -169 -1,081Changes in trade payables 2,484 816Changes in other payables and provisions -1,625 842Payments related to extrordinary items (social compensation plan) -150 -4,597Cash-flow from operating activities -1,557 -10,873Payments related to intangible assets -69 -737Payments related to property, plant and equipment -1,934 -2,388Payments related to financial assets -15 0Proceeds from the disposal of property, plant and equipment 78 1Cash receipts related to extrordinary items(sale of Mechanical Engineering) (4) 0 11,466Cash-flow from investing activities -1,940 8,342Repayment to owners of the companyfor acquisition of own shares (32) 0 -2,001Acceptance of financial liabilities 5,433 1,000Repayment of financial liabilities -2,361 0Cash-flow from financing activities 3,072 -1,001Net changes in cash and cash equivalents -425 -3,532Changes in cash and cash equivalents due to foreign exchange rate movements 3 -15Cash and cash equivalents at the beginning of the period under review 1,569 5,116Cash and cash equivalents at the end of the period under review 1,147 1,569Outgoing payments for interests 686 107Incoming payments from interests 12 13Outgoing payments for taxes on income 11 114Incoming payments from taxes on income 343 176The Consolidated Cash-Flow Statement is discussed in detail in note 32 of the Consolidated Financial Statements.