Villeroy & Boch Consolidated
Cash Flow Statement

Result after tax

Amortisation of non-current assets

Write-ups on non-current assets

Change in non-current provisions

Result from disposal of fixed assets

Change in inventories, accounts receivable and other assets

Chang in liabilities, current provisions and other liabilities

Taxes paid in business year

Interest paid in business year

Interest received in business year

Other income/expense without effects on liquid assets

CASH FLOW FROM OPERATING ACTIVITIES

Investment in intangible and tangible fixed assets

Investment in non-current financial assets and payments for the acquisition of consolidated companies

Deposits from disposals of fixed assets

Deposits form change in consolidated companies

CASH FLOW FROM INVESTING ACTIVITIES

Change in financial liabilities

Deposits due to sale of/payment for the acquisition of treasury stock

Withholding tax paid

Dividend payments

CASH FLOW FROM FINANCING

TOTAL OF CASH FLOWS

Changes in balance of cash due to exchange rates

OVERALL CHANGE IN THE BALANCE OF CASH

Balance of cash as of 01.01.

Overall change in balance of cash

BALANCE OG CASH AS OF 31.12.

The balance of cash consists of the items "Cash at banks" and "Cheques and cash on hand".