Consolidated cash flow statement

x € 1 million

Note

First half 2017

First half 2016

Profit after income tax

96

167

Adjusted for:

Total adjustments for cash flow from business operations

297

71

Total of dividend received from associates and joint ventures, interest paid and received and income tax paid

-11

-55

Cash flow from operating activities

382

183

Cash flow from investing activities

-272

-226

Dividend payments

8

-

-

Movement of non-current interest-bearing debt

-32

201

Movement of other current interest-bearing debt

25

-

Cash flow from financing activities

-7

201

Movements in cash and cash equivalents

103

158

Balance of cash and cash equivalents at 1 January

343

211

Balance of cash and cash equivalents on acquisition of subsidiaries

4

61

-

Balance of cash and cash equivalents on disposal of consolidated entities

-32

-

Balance of cash and cash equivalents at 30 June

475

369

Unaudited.

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Consolidated balance sheet
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Consolidated statement of changes in equity