Annual Report 2006 ISS Global A/S

CONSOLIDATED CASH FLOW STATEMENT
1 January – 31 December. Amounts in DKK millions
Note 2006 2005
2 Operating profit before other items 3,293
14, 16 Depreciation and amortisation 740
10 Changes in working capital 94
Changes in provisions (166)
8 Income taxes paid, net (347)
Payments related to other income and expenses, net (223)
Payments related to integration costs (102)
Payments related to royalties (283)
2 Cash flow from operating activities 3,006
11 Acquisition of businesses (3,537)
11 Divestment of businesses 68
12 Investments in intangible assets and property,
plant and equipment, net (831)
12 Investments in financial assets, net 47
Cash flow from investing activities (4,253)
13 Net proceeds from financing 4,651
Interest paid, net 1)
(1,344)
Dividends paid to shareholders (1,260)
Options and warrants settled -
Minority interests (8)
Cash flow from financing activities 2,039
Total cash flow 792
Cash and cash equivalents at 1 January 1,231
Total cash flow 792
Foreign exchange adjustments (17)
23 Cash and cash equivalents at 31 December 2,006
2,863
647
(220)
(191)
(780)
(141)
(125)
(443)
1,610
(2,581)
845
(542)
9
(2,269)
5,867
18
(5,740)
(47)
(10)
88
(571)
1,784
(571)
18
1) Compared to 2005 Interest paid, net has in 2006 been reclassified from cash flow from operating activities to cash flow from financing
activities. In 2005 interest paid, net included a cash inflow of DKK 514 million in cash flow from settlement of interest rate swaps.
_____________________________________________________________________________________________________________
ANNUAL REPORT 2006 / Consolidated Financial Statements
41
1,231