Statement of Cash Flows

(€ thousands) 2013 2012*
Earnings after income taxes 79,865 90,269*
Depreciation and amortisation expense / Write-ups 60,291 59,141
Increase in non-current provisions 7,554 6,268*
Loss on disposal of fixed assets – 834 – 2,010
Other non-cash expenses / income – 4,528 3,259
Cash flow 142,348 156,927*
 
Decrease / Increase in inventories 8,168 – 27,435
Decrease / Increase in trade receivables and other assets 30,490 – 18,656*
Decrease in current provisions – 11,541 – 6,537
Decrease in advances received from customers – 40,692 – 8,402
Increase / Decrease in liabilities (excluding financial liabilities) 6,575 – 1,832
Other non-cash expenses / income (operating)
– 7,000 – 62,862*
Cash flows from operating activities 135,348 94,065*
 
Proceeds from disposal of intangible assets 25 198
Payments to acquire intangible assets – 1,719 – 8,043
Proceeds from disposal of property, plant and equipment 1,990 4,829
Payments to acquire property, plant and equipment – 53,954 – 80,232
Proceeds from disposal of non-current financial assets 80 18
Payments to acquire non-current financial assets – 3,972 – 9,788
Net cash flows from the acquisition and sale of consolidated companies and other business units – 3,161 – 6,408
Other non-cash expenses / income (investing)
Cash flows from investing activities – 60,711 – 99,426
 
Proceeds from additions to equity / Payments related to capital decreases (Notes No. 6)
Dividends paid for prior year (including non-controlling interest) (Notes No. 6) – 33,975 – 23,098
Net cash flows from financial liabilities 11,359 127,512
Payments resulting from financial receivables 286 – 1,555
Other non-cash expenses / income (financing)
Cash flows from financing activities – 22,330 102,859
 
Net change in cash and cash equivalents 52,307 97,498
Effects of exchange rate changes on cash and cash equivalents – 5,039 – 2,828
Effects of changes in consolidated Group 3,139 654
Cash and cash equivalents at beginning of reporting period 401,031 305,707
Cash and cash equivalents at end of reporting period 451,438 401,031
Thereof term deposits to hedge credit balances for partial retirement arrangements and long-term working hours accounts 17,962 14,800

* Adjustment to reflect retroactive amendment to IAS 19
See also Section VII. Statement of Cash Flows in the Notes to the Consolidated Financial Statements.