| Operating: |
|
|
|
|
| Net income |
|
163 |
|
195 |
| Adjustments to reconcile net income to operating cash flows: |
|
|
|
|
| Deferred income taxes, net |
|
(90) |
|
(54) |
| Depreciation, amortization and impairment of non-current assets |
|
358 |
|
334 |
| Reversals of impairment losses of non-current assets |
|
(1) |
|
(3) |
| (Income)/loss from companies accounted for using the equity method, net of dividends received |
|
11 |
|
(7) |
| (Gain)/loss on disposal of non-current assets, net |
|
(16) |
|
(94) |
| Changes in assets and liabilities, net of effects of acquisitions and divestitures and other non-cash changes: |
|
|
|
|
| - inventories |
|
(211) |
|
(154) |
| - trade accounts receivable |
|
1,168 |
|
376 |
| - accrued pension and similar obligations |
|
(55) |
|
(85) |
| - other provisions |
|
(108) |
|
(231) |
| - trade accounts payable |
|
(1,696) |
|
(343) |
| - other assets/liabilities not related to investing or financing activities |
|
(383) |
|
(72) |
| Operating cash flows |
|
(860) |
|
(138) |
| |
|
|
|
|
| Investing: |
|
|
|
|
| Purchase of investments accounted for using the equity method and non-current financial assets |
|
(9) |
|
(21) |
| Expenditures for acquisitions of consolidated companies |
|
(2) |
|
(46) |
| Cash acquired from acquisitions |
|
1 |
|
0 |
| Capital expenditures for property, plant and equipment (inclusive of advance payments) and investment property |
|
(1,050) |
|
(686) |
| Capital expenditures for intangible assets (inclusive of advance payments) |
|
(45) |
|
(24) |
| Proceeds from disposals of investments accounted for using the equity method and non-current financial assets |
|
33 |
|
1 |
| Proceeds from disposals of previously consolidated companies |
|
0 |
|
308 |
| Cash of disposed businesses |
|
0 |
|
(5) |
| Proceeds from disposals of property, plant and equipment and investment property |
|
64 |
|
12 |
| Proceeds from disposals of intangible assets |
|
9 |
|
2 |
| Cash flows from investing activities |
|
(999) |
|
(459) |
| |
|
|
|
|
| Financing: |
|
|
|
|
| Proceeds from liabilities to financial institutions |
|
2,667 |
|
168 |
| Repayments of liabilities to financial institutions |
|
(194) |
|
(588) |
| Proceeds from notes payable and other loans |
|
68 |
|
19 |
| Increase in bills of exchange |
|
16 |
|
8 |
| Decrease of liabilities due to sales of receivables not derecognized from the balance sheet |
|
(2) |
|
0 |
| (Increase)/decrease in current securities |
|
(37) |
|
168 |
| Proceeds from non-controlling interest to equity |
|
0 |
|
500 |
| Proceeds from treasury shares sold |
|
0 |
|
2 |
| Profit attributable to non-controlling interest |
|
(18) |
|
(13) |
| Other financing activities |
|
7 |
|
(17) |
| Cash flows from financing activities |
|
2,507 |
|
247 |
| Net increase/(decrease) in cash and cash equivalents |
|
648 |
|
(350) |
| |
|
|
|
|
| Effect of exchange rate changes on cash and cash equivalents |
|
(46) |
|
42 |
| |
|
|
|
|
| Cash and cash equivalents at beginning of reporting period |
|
2,725 |
|
5,375 |
| Cash and cash equivalents at end of reporting period |
|
3,327 |
|
5,067 |
| |
|
|
|
|
| Additional information regarding cash flows from interest, dividends and income taxes which are included in operating cash flows: |
|
|
|
|
| Interest received |
|
43 |
|
68 |
| Interest paid |
|
45 |
|
72 |
| Dividends received |
|
3 |
|
0 |
| Income taxes received/(paid) |
|
51 |
|
(62) |
