No power train without Miba technology

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M i b a A k t i e n g e s e l l s c h a f t , L a a k i r c h e n
Consolidated Cash Flow Statement
for the 2009-2010 Business Year including
comparison with the previous year’s figures
2009-2010 2008-2009
in rounded numbers
1. Consolidated cash flow from operations
TEUR TEUR
Earnings before taxes (EBT)
+(–)Depreciation and amortization of (and additions to)
15,511 30,937
assets and at-equity changes 27,766 28,612
–(+)Changes in non-current accruals (provisions)
–(+)Gains (losses) from the disposal
–316 –1,167
of assets –60 –305
= Consolidated cash flow from earnings
–(+)Increase (decrease) in inventories
42,901 58,077
and prepaid expenses
+(–)Increase (decrease) in advance payments
12,628 –5,470
received and deferred income
–(+)Increase (decrease) in trade receivables,
0 866
other receivables and intragroup receivables
+(–)Increase (decrease) in trade payables,
–3,942 12,588
intragroup liabilities and other liabilities
+(–)Increase (decrease) in current accruals
660 –9,018
and deferred tax liabilities
+ Dividends from investments
–1,290 681
in associated companies 853 1,670
–(+)Foreign currency translation and other changes –377 –744 1)
– Taxes paid –3,363 –7,100 1)
5,169 –6,526
Consolidated cash flow from operations
1) To improve the presentation, the previous year’s cash flow
statement was changed in terms of the presentation of tax
payments and currency differences.
48,070 51,551