DEUTSCHEEUROSHOPANNUALREPORT2013/CONSOLIDATEDFINANCIALSTATEMENTS 142 Consolidated cash flow statement Note 2013 2012 Profit after tax 171,043 122,484 Expenses/income from the application of IFRS 3 27. 0 -5,289 Income from the disposal of shareholdings 24. -15,822 0 Profit/loss attributable to limited partners 26., 27. 20,431 33,946 Depreciation of intangible assets and property, plant and equipment 1., 2. 65 40 Unrealised changes in fair value of investment property 26. -60,539 -36,518 Net loss from derivatives 4,550 0 Other non-cash income and expenses 1,662 484 Profit/losses of joint ventures and associates 25., 31. -5,849 2,984 Expenses from investment activities to be allocated to the cash flow 27. 64 9,198 Deferred taxes 28. 14,208 -27,545 Operating cash flow 129,813 99,784 Changes in receivables 6., 7., 8., 30. -1,402 -128 Change in other financial investments 16. -3,000 0 Changes in current provisions 14., 15., 17. -29,657 22,871 Changes in liabilities 18., 30. 3,642 -667 Cash flow from operating activities 99,396 121,860 Payments to acquire property, plant and equipment/investment properties 2., 3. -18,491 -11,735 Expenses from investment activities to be allocated to the cash flow -64 -9,198 Payments to acquire shareholdings in consolidated companies and business units -59,438 -176,250 Inflows/outflows to/from the financial assets -600 -210 Cash flow from investing activities -78,593 -197,393 Outflow from the repayment of financial liabilities 12. -59,739 190,684 Contributions of Group shareholders 11., 29. 0 66,198 Payments to limited partners 29. -12,285 -21,161 Payments to Group shareholders 11., 29. -64,735 -56,795 Cash flow from financing activities -136,759 178,926 Net change in cash and cash equivalents -115,956 103,393 Cash and cash equivalents at beginning of period 161,006 57,613 Changes in the financial resources fund due to consolidation changes -4,240 0 Cash and cash equivalents at end of period 40,810 161,006 € THOUSAND