|
|
| |
 Save or print page |
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
|
Consolidated statements of cash flows
| | 2008 | 2009 | 2010 | Cash flows from operating activities | | | | Net (loss) income | (92) | 424 | 1,452 | Income from discontinued operations | (3) | − | − | Adjustments to reconcile net income (loss) to net cash provided by operating activities: | | | | Depreciation and amortization | 1,528 | 1,469 | 1,422 | Impairment of goodwill, other non-current financial assets and investments in associates | 1,509 | 2 | 5 | Net gain on sale of assets | (1,536) | (140) | (211) | Income from investments in associates | (91) | (23) | (18) | Dividends received from investments in associates | 65 | 35 | 19 | Dividends paid to non-controlling interests | (2) | (4) | (4) | Decrease (increase) in receivables and other current assets | 234 | 496 | (194) | (Increase) decrease in inventories | (9) | 687 | (705) | (Decrease) increase in accounts payable and accrued and other current liabilities | (97) | (479) | 915 | (Increase) in non-current receivables, other assets and other liabilities | (379) | (363) | (291) | Increase (decrease) in provisions | 432 | (612) | (237) | Other items | 89 | 53 | 3 | Net cash provided by operating activities | 1,648 | 1,545 | 2,156 | | | | | Cash flows from investing activities | | | | Purchase of intangible assets | (121) | (96) | (80) | Expenditures on development assets | (154) | (188) | (219) | Capital expenditures on property, plant and equipment | (770) | (524) | (653) | Proceeds from disposals of property, plant and equipment | 170 | 126 | 129 | Cash from (used for) derivatives and securities | 337 | (39) | (25) | Purchase of other non-current financial assets | − | (6) | (16) | Proceeds from other non-current financial assets | 2,576 | 718 | 268 | Purchase of businesses, net of cash acquired | (5,316) | (294) | (223) | Proceeds from sale of interests in businesses, net of cash disposed of | 24 | 84 | 117 | Net cash used for investing activities | (3,254) | (219) | (702) | | | | | Cash flows from financing activities | | | | Proceeds from issuance of (payments on) short-term debt | 18 | (201) | 143 | Principal payments on short-term portion of long-term debt | (1,726) | (51) | (79) | Proceeds from issuance of long-term debt | 2,088 | 312 | 71 | Treasury shares transaction | (3,257) | 29 | 65 | Dividends paid | (698) | (634) | (296) | Net cash used for financing activities | (3,575) | (545) | (96) | | | | | Net cash (used for) provided by continuing operations | (5,181) | 781 | 1,358 |
| | 2008 | 2009 | 2010 | Cash flows from discontinued operations | | | | Net cash used for operating activities | (49) | − | − | Net cash provided by investing activities | 12 | − | − | Net cash used for discontinued operations | (37) | − | − | | | | | Net cash (used for) provided by continuing and discontinued operations | (5,218) | 781 | 1,358 | | | | | Effect of changes in exchange rates on cash and cash equivalents | (39) | (15) | 89 | Cash and cash equivalents at the beginning of the year | 8,877 | 3,620 | 4,386 | Cash and cash equivalents at the end of the year | 3,620 | 4,386 | 5,833 |
| | 2008 | 2009 | 2010 | | | | | Net cash paid during the year for: | | | | Pensions | (379) | (422) | (474) | Interest | (123) | (244) | (226) | Income taxes | (352) | (197) | (206) | | | | | Net gain on sale of assets: | | | | Cash proceeds from the sale of assets | 2,770 | 928 | 514 | Book value of these assets | (1,341) | (788) | (668) | Deferred results on sale and leaseback transactions | − | − | 4 | Non-cash proceeds | 107 | − | 361 | | 1,536 | 140 | 211 | | | | | Non-cash investing and financing information | | | | Assets in lieu of cash from the sale of businesses: | | | | Shares/share options/convertible bonds | 148 | − | 3 | | | | | Conversion of convertible personnel debentures | 9 | 3 | 6 | | | | | Treasury shares transaction: | | | | Shares acquired | (3,298) | − | − | Exercise of stock options | 41 | 29 | 65 |
|
|
