Consolidated Statement of Cash Flows
Consolidated Statement of Cash Flows
in € million | Jan. 1–Sep. 30, | Jan. 1–Sep. 30, | |||
Profit for the period | -3,808.9 | -592.1 | |||
Net income from fair value adjustments of investment properties | 6,318.9 | 1,448.5 | |||
Revaluation of assets held for sale | -15.0 | -39.5 | |||
Depreciation and amortization | 423.3 | 129.9 | |||
Interest expenses/income and other financial result | 396.9 | 592.7 | |||
Income taxes | -1,534.7 | 66.0 | |||
Profit on the disposal of investment properties | -46.3 | -46.3 | |||
Results from disposals of other non-current assets | 1.0 | -3.0 | |||
Other expenses/income not affecting cash | 23.8 | 163.1 | |||
Change in working capital | -364.1 | 161.1 | |||
Income tax paid | -112.2 | -234.9 | |||
Cash flow from operating activities | 1,282.7 | 1,645.5 | |||
Proceeds from disposals of investment properties and assets held for sale | 300.1 | 1,076.1 | |||
Proceeds from disposals of other assets | 704.6 | 12.8 | |||
Payments for investments in investment properties | -780.4 | -690.9 | |||
Payments for investments in other assets | -707.0 | -205.9 | |||
Payments for acquisition of other financial assets | -139.0 | – | |||
Interest received | 37.6 | 40.7 | |||
Cash flow from investing activities | -584.1 | 232.8 | |||
Cash paid to shareholders of Vonovia SE | -372.9 | -506.4 | |||
Cash paid to non-controlling interests | -18.4 | -117.0 | |||
Proceeds from issuing financial liabilities | 3,299.1 | 2,309.4 | |||
Cash repayments of financial liabilities | -4,275.8 | -2,141.2 | |||
Prepayments of financial liabilities | -179.0 | – | |||
Cash repayments of lease liabilities | -29.6 | -32.9 | |||
Payments for transaction costs in connection with capital measures | -2.7 | -13.8 | |||
Payments for other financing costs | -2.7 | -22.4 | |||
Payments in connection with the disposal of shares in non-controlling interests | -0.1 | -3.3 | |||
Payments/proceeds in connection with the sale of shares of | 1,083.2 | -10.6 | |||
Interest paid | -545.3 | -596.0 | |||
Cash flow from financing activities | -1,044.2 | -1,134.2 | |||
Influence of changes in foreign exchange rates on cash and cash equivalents | -3.3 | 0.6 | |||
Cash and cash equivalents at the beginning of the period | 1,302.4 | 1,374.4 | |||
Cash and cash equivalents at the beginning of the period from | – | 44.4 | |||
Cash and cash equivalents at the beginning of the period | 1,302.4 | 1,418.8 | |||
Net changes in cash and cash equivalents* | -348.9 | 744.7 | |||
Cash and cash equivalents at the end of the period | 953.5 | 2,163.5 | |||
Less cash and cash equivalents from discontinued operations | – | -58.9 | |||
Cash and cash equivalents at the end of the period** | 953.5 | 2,104.6 | |||
- * Changes in cash in connection with discontinued operations are included in the cash flow from operating activities in the amount of € 38.0 million, in the cash flow of investing activities in the amount of € 14.6 million and in the cash flow from financing activities in the amount of € -38.1 million.
- ** Includes total restricted cash of € 61.8 million (Sep. 30, 2023: € 206.9 million).