Cash flow statement1

for the financial year from 1 October 2017 to 30 September 2018

(XLS:) XLS

€ million

 

Note no2

 

2016/173

 

2017/18

1

The cash flow statement is explained in the notes to the consolidated financial statements in no. 42 – notes to the cash flow statement.

2

Deviations from the balance sheet values result from adjusted translation effects and changes in the consolidation group.

3

Adjustment of previous year due to discontinued operations.

4

The reported dividend includes dividends to non-controlling interest holders in the amount of €−12 million whose interests are shown fully as debt capital due to put options.

EBIT

 

 

 

833

 

823

Depreciation/amortisation/impairment losses/reversal of impairment losses of assets excl. financial investments

 

15

 

609

 

547

Change in provisions for post-employment benefits and other provisions

 

33, 34

 

−158

 

−201

Change in net working capital

 

26, 27, 36

 

−34

 

179

Income taxes paid

 

11

 

−216

 

−266

Reclassification of gains (−)/losses (+) from the disposal of fixed assets

 

 

 

−138

 

−139

Other

 

 

 

−45

 

−69

Cash flow from operating activities of continuing operations

 

 

 

851

 

874

Cash flow from operating activities of discontinued operations

 

42

 

176

 

31

Cash flow from operating activities

 

 

 

1,027

 

905

Acquisition of subsidiaries

 

 

 

−181

 

0

Investments in property, plant and equipment and in investment property (excluding finance leases)

 

21, 22

 

−452

 

−454

Other investments

 

 

 

−141

 

−168

Investments in monetary assets

 

 

 

−480

 

0

Disposals of subsidiaries

 

 

 

−54

 

33

Disposal of fixed assets

 

20, 21, 22, 23

 

130

 

154

Gains (+)/losses (−) from the disposal of fixed assets

 

 

 

138

 

139

Disposal of financial investments

 

 

 

583

 

0

Cash flow from investing activities of continuing operations

 

 

 

−457

 

−296

Cash flow from investing activities of discontinued operations

 

42

 

−144

 

−85

Cash flow from investing activities

 

 

 

−601

 

−381

Dividends paid

 

32

 

 

 

 

to METRO AG shareholders

 

 

 

−124

 

−254

to other shareholders

 

 

 

−20

 

−9

Redemption of liabilities from put options of non-controlling interests

 

 

 

−20

 

0

Proceeds from new borrowings

 

 

 

2,121

 

2,772

Redemption of borrowings

 

 

 

−2,098

 

−2,984

Interest paid

 

 

 

−164

 

−141

Interest received

 

 

 

40

 

28

Profit and loss transfers and other financing activities

 

 

 

−1

 

7

Transactions with the former METRO GROUP

 

 

 

−221

 

0

Cash flow from financing activities of continuing operations

 

 

 

−375

 

−581

Cash flow from financing activities of discontinued operations

 

42

 

−63

 

−79

Cash flow from financing activities

 

 

 

−438

 

−660

Total cash flows

 

 

 

−12

 

−136

Currency effects on cash and cash equivalents

 

 

 

−25

 

−30

Total change in cash and cash equivalents

 

 

 

−37

 

−166

Cash and cash equivalents as of 1 October

 

 

 

1,599

 

1,562

Less cash and cash equivalents reported in assets in accordance with IFRS 5

 

 

 

0

 

3

Cash and cash equivalents as of 1 October

 

 

 

1,599

 

1,559

Cash and cash equivalents as of 30 September

 

 

 

1,562

 

1,395

Less cash and cash equivalents reported in assets in accordance with IFRS 5

 

31

 

3

 

97

Cash and cash equivalents as of 30 September

 

30

 

1,559

 

1,298