Statement of Cash Flows

Statement of Cash Flows (million €)

 

 

3rd Quarter

January – September

 

 

2016

2015

2016

2015

Net income

 

888

1,209

3,367

3,648

Depreciation and amortization of intangible assets, property, plant and equipment and financial assets

 

1,011

984

3,038

2,843

Changes in net working capital

 

652

1,623

(393)

2,500

Miscellaneous items

 

(50)

(465)

(172)

(497)

Cash provided by operating activities

 

2,501

3,351

5,840

8,494

 

 

 

 

 

 

Payments related to property, plant and equipment and intangible assets

 

(936)

(1,542)

(2,915)

(4,387)

Acquisitions/divestitures

 

161

242

212

227

Financial investments and other items

 

(13)

(324)

(73)

(795)

Cash used in investing activities

 

(788)

(1,624)

(2,776)

(4,955)

 

 

 

 

 

 

Capital increases/repayments and other equity transactions

 

8

(2)

18

45

Changes in financial liabilities

 

(107)

(2,372)

837

(649)

Dividends

 

15

(97)

(2,753)

(2,900)

Cash used in financing activities

 

(84)

(2,471)

(1,898)

(3,504)

 

 

 

 

 

 

Net changes in cash and cash equivalents

 

1,629

(744)

1,166

35

Cash and cash equivalents as of beginning of year and other changes

 

1,831

2,494

2,294

1,715

Cash and cash equivalents at end of quarter

 

3,460

1,750

3,460

1,750