notes to the group cash flow statement
According to ias 7, the cash flow statement reports cash flows separately for incoming and outgoing funds from operating, investing and financing activities. The calculation of cash flows is derived from the Group consolidated financial statements of kuka Aktiengesellschaft by the indirect method.
Cash and cash equivalents in the cash flow statement comprise all cash and cash equivalents disclosed on the balance sheet; i. e., cash in hand, checks and cash with banks provided they are available within three months. Cash and cash equivalents are not subject to restraints on disposal.
Cash flow from operating activities is derived indirectly from the earnings after taxes on income.
Under the indirect method, the relevant changes to the balance sheet items associated with operating activities are adjusted for currency translation effects and changes to the scope of consolidation.
Payments for the acquisition of consolidated companies and other business units of € 1.2 million are largely associated with the purchase of intangible assets, tangible assets and inventories at kuka S-Base s. r. o., Roznov p. R. / Czech Republic, which was consolidated for the first time in the financial year 2009. The following were accounted for in the previous year from initial consolidations: € 0.1 million in fixed assets, € 1.0 million in inventories, € 1.0 million in receivables and other assets, and € 1.3 million in cash and cash equivalents. In addition, provisions in the amount of € 0.1 million and liabilities of € 3.5 million were also recognized in the prior year.
Cash inflows / outflows from operating activities also include the following items: Interest paid in the amount of € 10.4 million (prior year: € 7.8 million), interest received in the amount of € 9.5 million (prior year: € 8.8 million) and reimbursed income taxes in the amount of € 1.6 million (prior year: € 30.3 million).