Liquidity (cash flow statement)
Cash inflow from operating activities from continuing operations amounted to €796 million in financial year 2018/19 (2017/18: cash inflow of €766 million). Investing activities led to cash inflow of €46 million (2017/18: cash outflow of €292 million). Compared with the previous year’s period, this represents an increase in cash flow before financing activities of €368 million to €842 million. Cash outflow from financing activities exhibited a cash outflow of €1,122 million (2017/18: cash outflow of €587 million). Total cash flow from investing activities of discontinued operations amounts to €−88 million (2017/18: €−24 million).
- For more information, see the cash flow statement in the consolidated financial statements as well as the notes to the consolidated financial statements in no. 41 – notes to the cash flow statement.
€ million |
2017/18 |
2018/19 |
||
|---|---|---|---|---|
|
||||
Cash flow from operating activities of continuing operations |
766 |
796 |
||
Cash flow from operating activities of discontinued operations |
139 |
157 |
||
Cash flow from operating activities |
905 |
953 |
||
Cash flow from investing activities of continuing operations |
−292 |
46 |
||
Cash flow from investing activities of discontinued operations |
−89 |
−136 |
||
Cash flow from investing activities |
−381 |
−90 |
||
Cash flow before financing activities of continuing operations |
474 |
842 |
||
Cash flow before financing activities of discontinued operations |
50 |
21 |
||
Cash flow before financing activities |
524 |
863 |
||
Cash flow from financing activities of continuing operations |
−587 |
−1,122 |
||
Cash flow from financing activities of discontinued operations |
−74 |
−109 |
||
Cash flow from financing activities |
−661 |
−1,231 |
||
Total cash flows |
−137 |
−368 |
||
Currency effects on cash and cash equivalents |
−30 |
17 |
||
Total change in cash and cash equivalents |
−167 |
−351 |
||