Consolidated statement of cash flows (XLS:) Download millions of € Q1 2019 Q1 2018 FY 2018 PROFIT (LOSS) BEFORE INCOME TAXES 1,852 1,760 5,153 Depreciation, amortization and impairment losses 4,204 3,097 13,836 (Profit) loss from financial activities 406 411 2,848 (Profit) loss on the disposal of fully consolidated subsidiaries 0 0 0 (Income) loss from the sale of stakes accounted for using the equity method 0 0 0 Other non-cash transactions 189 112 430 (Gains) losses from the disposal of intangible assets and property, plant and equipment 26 (65) (126) Change in assets carried as operating working capital 86 325 (998) Change in other operating assets (329) 1 (337) Change in provisions (99) (282) (100) Change in liabilities carried as operating working capital 56 (1,039) (515) Change in other operating liabilities 398 445 (11) Income taxes received (paid) (178) (124) (697) Dividends received 0 163 181 Net payments from entering into, canceling or changing the terms and conditions of interest rate derivatives 0 0 0 CASH GENERATED FROM OPERATIONS 6,609 4,805 19,663 Interest paid (955) (823) (3,307) Interest received 355 314 1,592 NET CASH FROM OPERATING ACTIVITIES 6,009 4,297 17,948 Cash outflows for investments in Intangible assets (1,030) (809) (3,353) Property, plant and equipment (2,797) (2,330) (9,139) Non-current financial assets (26) (108) (639) Payments to acquire control of subsidiaries and associates (237) (277) (2,080) Proceeds from disposal of Intangible assets 0 0 2 Property, plant and equipment 44 160 523 Non-current financial assets 12 24 596 Proceeds from the loss of control of subsidiaries and associates 0 (61) (67) Net change in short-term investments and marketable securities and receivables 439 (243) (144) Other (2) 0 5 NET CASH USED IN INVESTING ACTIVITIES (3,597) (3,643) (14,297) Proceeds from issue of current financial liabilities 5,942 13,403 51,597 Repayment of current financial liabilities (7,497) (15,168) (57,253) Proceeds from issue of non-current financial liabilities 2,583 2,466 8,375 Repayment of non-current financial liabilities (2) (21) (23) Dividends (including to non-controlling interests) 0 0 (3,254) Principal portion of repayments of lease liabilities (893) (205) (1,174) Cash inflows from transactions with non-controlling entities 1 1 29 Cash outflows from transactions with non-controlling entities (107) (770) (1,557) Other 0 0 0 NET CASH FROM (USED IN) FINANCING ACTIVITIES 27 (294) (3,259) Effect of exchange rate changes on cash and cash equivalents 25 (53) (17) Changes in cash and cash equivalents associated with non-current assets and disposal groups held for sale 0 0 (8) NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 2,465 306 367 CASH AND CASH EQUIVALENTS, AT THE BEGINNING OF THE PERIOD 3,679 3,312 3,312 CASH AND CASH EQUIVALENTS, AT THE END OF THE PERIOD 6,144 3,618 3,679
