Audi 2009 Annual Report Download - page 184

181
Consolidated Financial
Statements
178 Income Statement
179 Statement of Recognized
Income and Expense
180 Balance Sheet
181 Cash Flow Statement
182 Statement of Changes in Equity
Notes to the Consolidated
Financial Statements
184 Development of fixed assets
in the 2009 fiscal year
186 Development of fixed assets
in the 2008 fiscal year
188 General information
192 Recognition and
measurement principles
199 Notes to the Income Statement
205 Notes to the Balance Sheet
215 Additional disclosures
236 Events occurring subsequent
to the balance sheet date
237 Statement of Interests
held by the Audi Group
EUR million 2009 2008
Profit before profit transfer and income taxes 1,928 3,177
Income tax payments – 574 – 946
Amortization of capitalized development costs 480 530
Impairment losses (reversals) on property, plant and equipment and
other intangible assets 1,285 1,371
Impairment losses (reversals) on financial assets 9– 63
Depreciation of investment property 1–
Result from the disposal of assets – 5– 10
Result from investments accounted for using the equity method – 60 – 14
Change in inventories 827 – 600
Change in receivables 103 – 198
Change in liabilities – 339 562
Change in provisions 327 494
Change in investment property – 8–
Other non-cash income and expenses 144 35
Cash flow from operating activities 4,119 4,338
Additions of capitalized development costs – 528 – 547
Investments in property, plant and equipment and other intangible assets – 1,265 – 1,906
Acquisition of shares – 42 – 58
Sale of shares 2101
Other cash changes 36 – 2
Change in investments in securities – 12 487
Change in fixed deposits and loans extended 377 – 3,991
Cash flow from investing activities – 1,433 – 5,916
Capital contributions 308 706
Transfer of profit – 1,230 – 1,412
Change in financial liabilities – 138 111
Lease payments – 1– 1
Cash flow from financing activities – 1,061 – 596
Change in cash and cash equivalents due to changes in group of
consolidated companies –250
Change in cash and cash equivalents due to changes in exchange rates – 317
Change in cash and cash equivalents 1,622 – 1,907
Cash and cash equivalents at beginning of period 4,833 6,740
Cash and cash equivalents at end of period 6,455 4,833
EUR million 2009 2008
Cash and cash equivalents 6,455 4,833
Fixed deposits, securities and loans extended 4,789 5,134
Gross liquidity 11,244 9,967
Credit outstanding – 579 – 675
Net liquidity 10,665 9,292
The Cash Flow Statement is explained in Note 35.
Cash Flow Statement of the Audi Group
from January 1 to December 31