See note 12 to the unaudited condensed consolidated financial statements. |
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9 months ended June 30, 2006 |
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9 months ended June 30, 2007 |
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Operating: |
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Net income |
|
1,164 |
|
1,664 |
Adjustments to reconcile net income to operating cash flows: |
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Deferred income taxes (net) |
|
388 |
|
274 |
Depreciation, amortization and impairment of non-current assets |
|
1,122 |
|
1,132 |
Reversals of impairment losses of non-current assets |
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0 |
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(1) |
(Earnings)/losses from companies accounted for using the equity method, net of dividends received |
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(19) |
|
(36) |
(Gain)/loss on disposal of non-current assets |
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(10) |
|
(58) |
Changes in assets and liabilities,
net of effects of acquisitions and divestitures: |
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- inventories |
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101 |
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(1,729) |
- trade accounts receivable |
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(606) |
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(859) |
- accrued pension and similar obligations |
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(4) |
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(292) |
- other provisions |
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4 |
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(79) |
- trade accounts payable |
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66 |
|
254 |
- other assets/liabilities not related to investing or financing activities |
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(260) |
|
212 |
Operating cash flows |
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1,946 |
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482 |
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Investing: |
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Purchase of investments accounted for using the equity method and financial assets |
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(18) |
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(45) |
Expenditures for acquisitions of consolidated companies |
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(248) |
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(72) |
Cash acquired from acquisitions |
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37 |
|
5 |
Capital expenditures for property, plant and equipment and investment property |
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(1,052) |
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(1,876) |
Capital expenditures for intangible assets |
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(81) |
|
(110) |
Proceeds from disposals of investments accounted for using the equity method and financial assets |
|
23 |
|
83 |
Proceeds from disposals of previously consolidated companies |
|
79 |
|
140 |
Cash of disposed businesses |
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(25) |
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(19) |
Proceeds from disposals of property, plant and equipment and investment property |
|
134 |
|
347 |
Proceeds from disposals of intangible assets |
|
7 |
|
25 |
Cash flows from investing activities |
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(1,144) |
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(1,522) |
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Financing: |
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Repayment of bonds |
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(504) |
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0 |
Proceeds from liabilities to financial institutions |
|
603 |
|
600 |
Repayments of liabilities to financial institutions |
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(858) |
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(609) |
(Repayments on)/proceeds from notes payable and other loans |
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2 |
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(150) |
Increase in bills of exchange |
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6 |
|
9 |
Decrease of liabilities due to sales of receivables not derecognized from the balance sheet |
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(98) |
|
(26) |
Increase in current securities |
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(22) |
|
(42) |
Proceeds from treasury shares sold |
|
268 |
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0 |
Payment of ThyssenKrupp AG dividend |
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(412) |
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(489) |
Profit distributions to entities outside the Group |
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(21) |
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(28) |
Other financing activities |
|
29 |
|
11 |
Cash flows from financing activities |
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(1,007) |
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(724) |
Net decrease in cash and cash equivalents |
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(205) |
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(1,764) |
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Effect of exchange rate changes on cash and cash equivalents |
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(20) |
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(1) |
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Cash and cash equivalents at beginning of reporting period |
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4,715 |
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4,447 |
Cash and cash equivalents at end of reporting period |
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4,490 |
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2,682 |
[thereof cash and cash equivalents within disposal groups] |
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[1] |
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[0] |
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Additional information regarding cash flows from interest, dividends and income taxes which are included in operating cash flows: |
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Interest received |
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122 |
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113 |
Interest paid |
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182 |
|
203 |
Dividends received |
|
6 |
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19 |
Income taxes paid |
|
363 |
|
679 |
