45
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|
€ M |
2006 |
2005 |
|
NET PROFIT |
3,132 |
1,075 |
|
Non-cash items included in net profit, and adjustments to reconcile net profit to cash flows from operating activities |
|
|
|
Depreciation, amortisation, net writedowns of loans, and changes in fair values |
949 |
834 |
|
Increase in staff-related provisions and other provisions |
346 |
317 |
|
Increase/decrease in other non-cash items |
210 |
–245 |
|
Gains/losses on disposal of intangible assets, property, plant and equipment, and investments |
–81 |
–286 |
|
SUB-TOTAL |
4,556 |
1,695 |
|
Increase/decrease in operating assets and liabilities after adjustment for non-cash components |
|
|
|
Financial assets held for trading |
–291 |
–506 |
|
Loans and receivables |
–12,920 |
–10,661 |
|
Other assets |
468 |
357 |
|
Financial liabilities held for trading |
439 |
–467 |
|
Deposits from banks and customers |
4,601 |
8,207 |
|
Debt certificates including bonds |
4,433 |
2,995 |
|
Other liabilities |
–251 |
581 |
|
CASH FLOWS FROM OPERATING ACTIVITIES |
1,035 |
2,201 |
|
Proceeds from disposal of |
|
|
|
investments |
7,064 |
1,061 |
|
property, plant and equipment |
319 |
157 |
|
Payments for purchases of |
|
|
|
investments |
–8,000 |
–2,206 |
|
property, plant and equipment |
–210 |
–611 |
|
Proceeds from sales (less cash disposed of) of subsidiaries |
–141 |
153 |
|
Payments for acquisition (less cash acquired) of subsidiaries |
–15 |
87 |
|
Other changes |
105 |
67 |
|
CASH FLOWS FROM INVESTING ACTIVITIES |
–878 |
–1,292 |
|
Proceeds from capital increase |
– |
– |
|
Dividends paid |
–368 |
–221 |
|
Subordinated liabilities and other financing activities (net) |
–34 |
95 |
|
CASH FLOWS FROM FINANCING ACTIVITIES |
–402 |
–126 |
|
CASH AND CASH EQUIVALENTS AT END OF PREVIOUS PERIOD |
1,859 |
1,102 |
|
Cash flows from operating activities |
1,035 |
2,201 |
|
Cash flows from investing activities |
–878 |
1,292 |
|
Cash flows from financing activities |
–402 |
–126 |
|
Effects of exchange rate changes |
–30 |
–26 |
|
CASH AND CASH EQUIVALENTS AT END OF PERIOD |
1,584 |
1,859 |
|
PAYMENTS FOR TAXES, INTEREST AND DIVIDENDS |
|
|
|
Income taxes paid |
–99 |
–67 |
|
Interest received |
6,200 |
4,853 |
|
Interest paid |
–3,581 |
–2,625 |
|
Dividends received |
200 |
203 |
The minimum reserve of BA-CA was reclassified from cash and cash balances to loans and receivables, resulting in changes in the comparative figures for the previous year.