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ePaper created 2012-05-14, 19:36:25 | version 1.23.5
/ / / 8 DES Interim Report, Q1 2012 Consolidated cash flow statement in D thousands 01.01. – 31.03.2012 01.01. – 31.03.2011 Profit after tax 16,543 13,383 Expenses / income from the application of IFRS 3 308 -8,052 Profit / loss attributable to limited partners 4,774 3,898 Depreciation of property, plant and equipment 10 6 Expenses from investment activities to be allocated to the cash flow 0 8,338 Other cash transaction expenses -211 0 Deferred taxes 5,742 5,104 Operating cash flow 27,166 22,677 Changes in receivables * 12,125 159,151 Changes in current provisions -1,179 -596 Changes in liabilities -1,933 4,867 Cash flow from operating activities 36,179 186,099 Payments to acquire property, plant and equipment / investment properties -2,425 -20,477 Expenses from investment activities to be allocated to the cash flow * 0 -8,338 Payments to acquire shareholdings in consolidated companies and business units 0 -148,375 Inflows / outflows to / from the financial assets 315 229 Cash flow from investing activities -2,110 -176,961 Changes in interest-bearing financial liabilities -3,835 9,964 Payments to third-party shareholders -16,591 -6,671 Cash flow from financing activities -20,426 3,293 Net change in cash and cash equivalents 13,643 12,431 Cash and cash equivalents at beginning of period 64,408 65,784 Currency-related changes 0 -90 Cash and cash equivalents at end of period 78,051 78,125 * The payment of the purchase price for the Billstedt-Center in Hamburg including ancillary acquisition costs (€ 156.7 million) was recognised under cash flow from operating activities in 2010. In order to achieve a meaningful cross-period presentation of this transaction, changes connected with the initial consolidation of the figures of the previous year are recognised gross.