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Free Cash Flow Q1-Q4 2011<br />

52.6<br />

34.8 36.5<br />

53,0*<br />

60.3**<br />

2007 2008 2009 2010 2011<br />

+13.8%<br />

2007 2008 2009 2010 2011<br />

-41.9<br />

-33.8<br />

-26.6 -27.3<br />

-30.0<br />

-9.9%<br />

10.7<br />

1.0<br />

9.9<br />

25.6<br />

+17.9%<br />

30.2<br />

2007 2008 2009 2010 2011<br />

► Adjusted Cash flow unchanged im compar<strong>is</strong>on to previous year (one<br />

time investment of liquid funds)<br />

Page 138<br />

Cash Flow from<br />

operative business<br />

in EUR millions<br />

* without EUR 10 millions investment of liquid funds<br />

** without EUR 1 million investment of liquid funds<br />

Rounding differences might occur<br />

Outflow of funds from<br />

investment activities<br />

in EUR millions<br />

Free Cash Flow<br />

in EUR millions

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