Consolidated Cash Flow Statement from 1 January to 31 December 2008
Net profit including minority interests |
|
|
|
Net profit |
66,748 |
268,993 |
|
|
of which interest and dividend payments |
37,602 |
3,378 |
|
Minority interests |
13,440 |
21,889 |
Change in technical provisions (net) |
188,581 |
494,741 |
Change in deferred acquisition costs |
1,459 |
10,032 |
Change in amounts receivable and payable from direct insurance |
26,021 |
58,399 |
Change in other amounts receivable and payable |
156,183 |
61,491 |
Change in securities at fair value through profit or loss |
293,276 |
97,082 |
Realised gains/losses on the disposal of investments |
446,831 |
144,154 |
Depreciation/appreciation of other investments |
522,715 |
185,077 |
Change in provisions for pension and severance payments |
73,063 |
32,878 |
Change in deferred tax assets/liabilities |
80,115 |
37,881 |
Change in other balance sheet items |
60,063 |
465 |
Change in goodwill and intangible assets |
1,778 |
32,078 |
Other non-cash income and expenses as well as accounting period adjustments |
68,448 |
6,067 |
Net cash flow from operating activities |
266,962 |
846,183 |
|
of which cash flow from income tax |
43,177 |
45,599 |
|
|
|
Receipts due to disposal of consolidated companies and other business units |
449,309 |
207,869 |
Payments due to acquisition of consolidated companies and other business units |
928,619 |
53,403 |
Receipts due to disposal and maturity of other investments |
9,854,721 |
12,125,000 |
Payments due to acquisition of other investments |
9,687,349 |
12,272,398 |
Change in investments held on account and at risk of life insurance policyholders |
172,123 |
517,443 |
Net cash flow used in investing activities |
484,061 |
510,375 |
|
|
|
Change in investments on own shares |
184,375 |
0 |
Change in holding of own shares |
8,296 |
0 |
Dividend payments |
59,714 |
41,800 |
Receipts and payments from other financing activities |
8,698 |
92,375 |
Net cash flow used in financing activities |
125,063 |
50,575 |
|
|
|
Change in cash and cash equivalents |
92,036 |
386,384 |
Change in cash and cash equivalents due to foreign currency translation |
215 |
2,666 |
Change in cash and cash equivalents due to acquisition/disposal of consolidated companies |
12,971 |
252 |
Cash and cash equivalents at beginning of period |
647,133 |
263,164 |
Cash and cash equivalents at end of period |
567,853 |
647,133 |
|
of which cash flow from income tax |
43,177 |
45,599 |
The cash and cash equivalents correspond to item L. of the assets: Liquid funds. |