Financial report > Consolidated financial statements Geberit Group
Consolidated Statements of Cashflows
| Note | 2013 | 2012 1 | |
|---|---|---|---|
| MCHF | MCHF | ||
| Cash provided by operating activities | |||
| Net income | 435.8 | 387.5 | |
| Depreciation and amortization | 10/12 | 82.1 | 80.1 |
| Financial result, net | 25 | 5.5 | 7.2 |
| Income tax expenses | 26 | 69.4 | 61.8 |
| Other non-cash income and expenses | 20.7 | 31.9 | |
| Operating cashflow before changes in net working capital and taxes | 613.5 | 568.5 | |
| Income taxes paid | -56.0 | -58.5 | |
| Changes in trade accounts receivable | -0.7 | -6.4 | |
| Changes in inventories | -7.3 | -4.3 | |
| Changes in trade accounts payable | 3.0 | -1.2 | |
| Changes in other positions of net working capital | 7.4 | -4.1 | |
| Net cash provided by operating activities | 559.9 | 494.0 | |
| Cash from/used (-) in investing activities | |||
| Purchase of property, plant & equipment and intangible assets | 10/12 | -98.0 | -86.0 |
| Proceeds from sale of property, plant & equipment and intangible assets | 2.8 | 1.0 | |
| Marketable securities, net | 6 | -12.1 | 24.5 |
| Interest received | 2.9 | 5.6 | |
| Other, net | 2.5 | -3.7 | |
| Net cash from/used (-) in investing activities | -101.9 | -58.6 | |
| Cash from/used (-) in financing activities | |||
| Repayments of borrowings | -4.0 | -80.5 | |
| Interest paid | -0.5 | -5.4 | |
| Distribution | -248.2 | -241.7 | |
| Purchase/Sale of treasury shares | -26.8 | -198.4 | |
| Other, net | -0.5 | -1.8 | |
| Net cash from/used (-) in financing activities | -280.0 | -527.8 | |
| Effects of exchange rates on cash | -1.2 | -1.3 | |
| Net increase/decrease (-) in cash | 176.8 | -93.7 | |
| Cash and cash equivalents at beginning of year | 361.3 | 455.0 | |
| Cash and cash equivalents at end of year | 538.1 | 361.3 |
1 Restatement see → Note 1
Further cashflow figures see → Note 27
The accompanying → Notes are an integral part of the consolidated financial statements.