| |
Depreciation, value adjustments
and other adjustments |
|
32.1 |
30.4 |
| |
Financial income and expenses |
|
-4.4 |
-5.9 |
| |
Other income and expenses |
|
2.4 |
-6.4 |
| CASH FLOW BEFORE
CHANGE IN NET WORKING CAPITAL |
137.3 |
118.2 |
| |
Inventories, increase (-),
decrease (+) |
|
-36.4 |
-66.6 |
| |
Current receivables, increase
(-), decrease (+) |
|
-39.4 |
-84.2 |
| |
Non-interest bearing debts,
increase (+), decrease (-) |
|
86.3 |
158.6 |
| CHANGE IN NET WORKING
CAPITAL |
10.5 |
7.7 |
| CASH FLOW FROM OPERATING
ACTIVITIES |
147.8 |
126.0 |
| |
Investments in tangible and
intangible assets |
|
-37.1 |
-32.8 |
| |
Proceeds from disposal of
tangible and intangible assets and financial investments |
|
5.3 |
58.9 |
| CASH FLOW FROM
INVESTING ACTIVITIES |
-31.8 |
26.0 |
| |
Long-term debt, increase
(+), decrease (-) |
|
5.0 |
0.4 |
| |
Short-term debt, increase
(+), decrease (-) |
|
-3.9 |
-39.9 |
| |
Long-term bonds, increase
(-), decrease (+) |
|
-1.0 |
0.5 |
| |
Short-term bonds, increase
(-), decrease (+) |
|
-7.0 |
1.5 |
| |
Translation differences and
other changes |
|
0.1 |
-1.4 |
| CASH FLOW FROM
FINANCING ACTIVITIES |
-132.7 |
-106.7 |
| CHANGE IN LIQUID
ASSETS, INCREASE (+), DECREASE (-)
|
-16,7 |
45.3 |
| CASH AND CASH EQUIVALENTS,
OPENING BALANCE |
55.2 |
9.9 |
| CASH AND CASH EQUIVALENTS,
CLOSING BALANCE |
38.6 |
55.2 |
| In 2007/08 the change in
net working capital included a decrease in the sales
of receivables of EUR 1 million. |
| In 2006/07 the change in
net working capital included an increase in the sales
of receivables of EUR 14 million. |
