Net cash from operating activities fell by €2,118 million year-on-year to €1,244 million. This is mainly the result of the utilisation of provisions, primarily due to the restructuring of the US express business. For this reason, net cash from operating activities before changes in working capital was down significantly on the prior-year figure (€2,714 million), at €763 million. The reduction in working capital also led to an increase in net cash from operating activities. In particular, the decline in receivables and other current assets contributed to the improvement. All in all, the net cash from working capital is down €167 million year-on-year.
|A.28 Selected cash flow indicators (continuing operations)|
|Cash and cash equivalents as at 31 December||1,350||3,064|
|Change in cash and cash equivalents||62||1,456|
|Net cash from operating activities||3,362||1,244|
|Net cash used in investing activities||–914||–1,469|
|Net cash used in/from financing activities||–2,386||1,681|