Tamro's Web Interim Report February-April 2009 - Consolidated cash flow statement

Consolidated cash flow statement

02/09-04/09

02/08-04/08

Change

02/08-01/09

2009

2008

(€m)

Operating profit

30.0

33.7

-11.0

133.0

Depreciation, value adjustments and other adjustments

9.5

8.6

10.5

35.3

Financial income and expenses

-4.1

-0.9

355.6

-20.9

Other income and expenses

1.1

-1.9

-157.9

-9.4

Taxes

-3.7

-6.8

-45.6

-14.9

Cash flow before change in net working capital

32.8

32.7

0.3

123.1

Change in net working capital

-68.9

-147.7

-53.4

78.1

Cash used in / from operating activities

-36.1

-115.0

-68.6

201.2

Investments in tangible and intangible assets

-16.0

-7.7

107.8

-57.0

Proceeds from disposal of tangible and intangible assets and financial investments

0.1

2.4

-95.8

10.9

Cash used in investing activities

-15.9

-5.3

200.0

-46.1

Free cash flow

-52.0

-120.3

-56.8

155.1

Change in loans and other financial items

-32.8

102.8

-131.9

105.2

Dividends paid

0.0

-160.3

Translation differences and other changes

0.3

0.0

0.1

Cash used in / from financing activities

-32.5

102.8

-131.6

-55.0

Change in cash and cash equivalents

-84.5

-17.5

382.9

100.1