Cash flow statement

Consolidated statement of cash flows 2009
EUR x 1,000,000	2009	2008¹
Operating result	(7.8)	(17.3)
Depreciation of property, plant and equipment	29.4	30.1
Impairment of property, plant and equipment	7.4	6.4
Amortisation of intangible assets	4.2	3.7
Impairment of intangible assets	18.5	22.6
Result on disposal of property, plant and equipment and subsidiaries	(0.2)	(2.6)
Interest paid	(32.3)	(16.0)
Income tax paid	(9.4)	(18.2)
Change in provisions	(16.5)	11.9
Change in working capital	19.1	20.2
Net cash flow from operating activities	12.4	40.8

Purchase of property, plant and equipment	(22.7)	(25.4)
Acquisition of subsidiaries, net of cash acquired		(67.2)
Purchase of intangible assets, other than by acquisition of subsidiaries	(1.0)	(2.3)
Proceeds from disposal of property, plant and equipment	2.8	6.0
Proceeds from disposal of subsidiaries	35.0	0.2
Change in discontinued operations	1.1	4.3
Proceeds from disposal of intangible assets		0.3
Interest received	0.3	0.8
Net cash used in investing activities	15.5	(83.3)

Net purchase of treasury shares		0.7
Dividend paid to equity holders		(14.8)
Dividend paid to third parties	(0.3)	(0.4)
Proceeds from new loans	109.9
Repayment of loans	(151.5)
Other changes in interest-bearing liabilities	15.6	57.4
Net cash used in financing activities	(26.3)	42.9

Change in cash and cash equivalents	1.6	0.4
Cash and cash equivalents at 1 January	24.6	24.9
Exchange rate differences on cash and cash equivalents	(0.5)	(0.7)

Cash and cash equivalents at 31 December	25.7	24.6

¹ De figures over 2008 have been adjusted due to the changed composition of discontinued operations