Cash flow statement1

for the financial year from 1 October 2016 to 30 September 2017

(XLS:) XLS

€ million

 

Note no.2

 

2015/16

 

2016/17

1

The cash flow statement is explained in the notes to the consolidated financial statements in no. 41 – 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

Other investments, recognised in the previous year.

4

Disposal of long-term assets, recognised in the previous year.

5

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

 

 

 

1,219

 

852

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

 

14

 

699

 

758

Change in provisions for post-employment benefits and other provisions

 

32, 33

 

61

 

−117

Change in net working capital

 

25, 26, 35

 

−77

 

−44

Income taxes paid

 

 

 

−203

 

−216

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

 

 

 

−158

 

−141

Other

 

 

 

−368

 

−65

Cash flow from operating activities

 

 

 

1,173

 

1,027

Acquisition of subsidiaries

 

 

 

−81

 

−181

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

 

20, 21

 

−592

 

−579

Other investments

 

 

 

−152

 

−164

Investments in monetary assets

 

23

 

−823

 

−481

Disposals of subsidiaries

 

 

 

359

 

−54

Disposal of fixed assets

 

19, 20, 21, 22

 

125

 

134

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

 

 

 

158

 

141

Divestment of monetary assets

 

23

 

7774

 

583

Cash flow from investing activities

 

 

 

512

 

−601

Dividends paid

 

31

 

 

 

 

to METRO AG shareholders

 

 

 

0

 

−125

to other shareholders

 

 

 

−15

 

−20

Redemption of liabilities from put options of non-controlling interests

 

 

 

−86

 

−20

Proceeds from new borrowings

 

 

 

540

 

2,121

Redemption of borrowings

 

 

 

−3,686

 

−2,129

Interest paid

 

 

 

−273

 

−193

Interest received

 

 

 

76

 

41

Profit and loss transfers and other financing activities

 

 

 

−46

 

−5

Transactions with the former METRO GROUP

 

 

 

−23

 

−221

Cash flow from financing activities

 

 

 

−3,513

 

−438

Total cash flows

 

 

 

−1,828

 

−12

Currency effects on cash and cash equivalents

 

 

 

−11

 

−25

Total change in cash and cash equivalents

 

 

 

−1,839

 

−37

Cash and cash equivalents as of 1 October

 

 

 

3,438

 

1,599

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

 

 

 

2

 

0

Cash and cash equivalents as of 1 October

 

 

 

3,436

 

1,599

Cash and cash equivalents as of 30 September

 

 

 

1,599

 

1,562

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

 

30

 

0

 

3

Cash and cash equivalents as of 30 September

 

29

 

1,599

 

1,559