Net income |
|
3,048.3 |
2,882.0 |
Income tax expense |
10 |
1,227.5 |
1,096.8 |
Financial result |
9 |
285.7 |
117.0 |
EBIT |
|
4,561.5 |
4,095.8 |
Interest paid |
|
-131.5 |
-136.1 |
Interest received |
|
26.1 |
24.2 |
Income tax paid |
10, 26 |
-1,122.1 |
-1,047.3 |
Dividends received |
|
40.7 |
45.1 |
Depreciation, amortization, impairment and reversal of impairment losses |
6, 11, 12, 13 |
2,117.4 |
1,961.6 |
Income from equity-accounted investees and other investments, incl. impairment and reversal of impairment losses |
8, 14 |
-77.3 |
-70.2 |
Gains/losses from the disposal of assets, companies and business operations |
|
-34.6 |
-15.3 |
Changes in |
|
|
|
inventories |
19 |
-484.3 |
-326.5 |
trade accounts receivable |
20 |
-737.1 |
-631.7 |
trade accounts payable |
30 |
737.6 |
748.1 |
employee benefits and other provisions |
24 |
94.4 |
384.8 |
other assets and liabilities |
|
229.7 |
-94.4 |
Cash flow arising from operating activities |
|
5,220.5 |
4,938.1 |
|
|
|
|
Cash flow from the disposal of property, plant and equipment, and intangible assets |
11, 12 |
59.3 |
53.0 |
Capital expenditure on property, plant and equipment, and software |
11, 12 |
-2,849.7 |
-2,592.5 |
Capital expenditure on intangible assets from development projects and miscellaneous |
11 |
-101.4 |
-115.7 |
Cash flow from the disposal of companies and business operations |
5 |
20.4 |
4.6 |
Acquisition of companies and business operations |
5 |
-596.3 |
-516.2 |
Cash flow arising from investing activities |
|
-3,467.7 |
-3,166.8 |
|
|
|
|
Cash flow before financing activities (free cash flow) |
|
1,752.8 |
1,771.3 |
Net cash change in short-term indebtedness1 |
27 |
-879.0 |
-1,006.8 |
Cash change in long-term indebtedness1 |
27 |
-117.8 |
659.7 |
Other cash changes1 |
|
14.1 |
7.1 |
Successive purchases |
|
-0.7 |
-109.7 |
Dividends paid |
|
-850.0 |
-750.0 |
Dividends paid to and cash changes from equity transactions with non-controlling interests |
|
-46.5 |
-55.6 |
Cash and cash equivalents arising from the first-time consolidation of subsidiaries |
|
0.7 |
0.6 |
Cash flow arising from financing activities |
|
-1,879.2 |
-1,254.7 |
|
|
|
|
Change in cash and cash equivalents |
|
-126.4 |
516.6 |
Cash and cash equivalents as at January 1 |
|
2,107.0 |
1,621.5 |
Effect of exchange-rate changes on cash and cash equivalents |
|
-99.1 |
-31.1 |
Cash and cash equivalents as at December 31 |
21 |
1,881.5 |
2,107.0 |