Notes to the
consolidated statement
of cash flows
The consolidated statement of cash flows has been drawn up
by the indirect method. The items of the consolidated
statement of income and balance sheet have been adjusted for
changes which have no effect on the receipts and payments in
the financial year.
Working capital consists of stocks, accounts receivable and
current liabilities (excluding indebtedness to credit
institutions and repayment obligations in 1996 on long-term
debts).
The cash flow from investing activities relates to the net
amount of investments and disposals.
The funds consist of cash at bank and in hand, securities and
current indebtedness to credit institutions.
Provisions
Long-term
debts
Repayment
obligation
Position on January 1, 1995
Revaluation/Changes in exchange rates
Changes in the consolidation
Other non-cash movements
Statement of cash flows
1,362,298
19,849
28,874
19,014
10,754
503,357
8,579
6,710
173,749
78,741
105,727
805
54,386
173,749
254,121
Position on December 31, 1995
1,402,761
423,638
80,546
Working capital
Position on January 1, 1995 44,845
Movement concerning dividend, interest and
taxation on profit - 68,001
Revaluation/Changes in exchange rates 53,618
Changes in the consolidation 65,700
Other non-cash movements 6,974
Statement of cash flows - 98,897
Position on December 31, 1995 4,239
55
