Annual Report 2013

Consolidated statement of Cash flows.

T 054
millions of €
  Note 2013 2012a 2011a
 
a The prior-year comparatives for net cash from operating activities were adjusted retrospectively due to the application of IAS 19 (amended) as of January 1, 2013.
b Cash outflows for investments in intangible assets and property, plant and equipment were adjusted retrospectively (please refer to Note 6 “Property, plant and equipment”).
  31      
Profit (loss)   1,204 (4,858) 658
Depreciation, amortization and impairment losses   10,904 21,957 14,436
Income tax expense (benefit)   924 (1,516) 2,345
Interest income and interest expense   2,162 2,033 2,325
Other financial (income) expense   569 225 162
Share of (profit) loss of associates and joint ventures accounted for using the equity method   71 154 73
(Profit) loss on the disposal of fully consolidated subsidiaries   (131) (6) (4)
Other operating income from the agreement with Crown Castle
concerning the leasing and use of cell towers in the United States
  (1,444)
Non-cash transactions in connection with the compensation from AT&T   (705)
Other non-cash transactions   101 15 27
(Gain) loss from the disposal of intangible assets and property, plant and equipment   138 (83) 28
Change in assets carried as working capital   (1,266) (24) 690
Change in provisions   (195) (203) (135)
Change in other liabilities carried as working capital   696 (406) (885)
Income taxes received (paid)   (648) (694) (778)
Dividends received   273 490 515
Net payments from entering into or canceling interest rate derivatives   290 122
Cash generated from operations   15,092 15,762 18,752
Interest paid   (2,961) (3,060) (3,397)
Interest received   886 875 859
Net cash from operating activities   13,017 13,577 16,214
Cash outflows for investments in        
Intangible assetsb   (4,498) (2,811) (2,316)
Property, plant and equipmentb   (6,570) (5,621) (6,090)
Non-current financial assets   (667) (1,028) (430)
Payments to acquire control of subsidiaries and associates   (48) (19) (1,239)
Proceeds from disposal of        
Intangible assets   8 26 20
Property, plant and equipment   245 187 336
Cell towers from the framework agreement with Crown Castle in the United States   1,769
Non-current financial assets   54 549 61
Proceeds from the loss of control of subsidiaries and associates   650 50 5
Net change in cash and cash equivalents due to the first-time full consolidation of MetroPCS   1,641
Net change in short-term investments and marketable securities and receivables   (701) 219 339
Other   (10) 8 39
Net Cash used in investing activities   (9,896) (6,671) (9,275)
Proceeds from issue of current financial liabilities   10,874 22,664 66,349
Repayment of current financial liabilities   (18,033) (29,064) (71,685)
Proceeds from issue of non-current financial liabilities   9,334 3,539 3,303
Repayment of non-current financial liabilities   (129) (171) (51)
Dividends   (2,243) (3,400) (3,521)
Share buy-back   (2) (3)
Repayment of lease liabilities   (172) (169) (163)
Stock options of other T-Mobile US shareholders (previous MetroPCS programs)   102
T-Mobile US capital increase   1,313
Other   (22) (187)
Net cash from (used in) financing activities   1,022 (6,601) (5,958)
Effect of exchange rate changes on cash and cash equivalents   (167) (28) (40)
Changes in cash and cash equivalents associated with non-current assets and disposal groups held for sale   (32)
Net increase (decrease) in cash and cash equivalents   3,944 277 941
Cash and cash equivalents, at the beginning of the year   4,026 3,749 2,808
Cash and cash equivalents, at the end of the year   7,970 4,026 3,749