Audi 2010 Annual Report Download - page 189

187
Consolidated Financial
Statements
184 Income Statement
185 Statement of Recognized
Income and Expense
186 Balance Sheet
187 Cash Flow Statement
188 Statement of Changes in Equity
Notes to the Consolidated
Financial Statements
190 Development of fixed assets
in the 2010 fiscal year
192 Development of fixed assets
in the 2009 fiscal year
194 General information
200 Recognition and
measurement principles
207 Notes to the Income Statement
214 Notes to the Balance Sheet
223 Additional disclosures
242 Events occurring subsequent
to the balance sheet date
243 Statement of Interests
held by the Audi Group
EUR million 2010 2009
Profit before profit transfer and income taxes 3,634 1,928
Income tax payments – 941 – 574
Impairment losses (reversals) on capitalized development costs 567 480
Impairment losses (reversals) on property, plant and equipment and
other intangible assets 1,542 1,285
Impairment losses (reversals) on financial assets 19
Depreciation of investment property 11
Result from the disposal of assets 3– 5
Result from investments accounted for using the equity method – 95 – 60
Change in inventories – 599 827
Change in receivables 213 103
Change in liabilities 969 – 339
Change in provisions 600 327
Change in investment property 0 – 8
Other non-cash income and expenses – 97 144
Cash flow from operating activities 5,797 4,119
Additions of capitalized development costs – 630 – 528
Investments in property, plant and equipment and other intangible assets – 1,449 – 1,265
Acquisition of subsidiaries and shares – 207 – 42
Sale of shares –2
Other cash changes 26 36
Change in investments in securities – 498 – 12
Change in fixed deposits and loans extended 1,812 377
Cash flow from investing activities – 946 – 1,433
Capital contributions 586 308
Transfer of profit – 1,172 – 1,230
Capital transactions with non-controlling minority interests – 125 –
Change in financial liabilities 61 – 138
Lease payments 0– 1
Cash flow from financing activities – 650 – 1,061
Change in cash and cash equivalents due to changes in exchange rates 68 – 3
Change in cash and cash equivalents 4,268 1,622
Cash and cash equivalents at beginning of period 6,455 4,833
Cash and cash equivalents at end of period 10,724 6,455
EUR million 2010 2009
Cash and cash equivalents 10,724 6,455
Fixed deposits, securities and loans extended 3,484 4,789
Gross liquidity 14,208 11,244
Credit outstanding – 825 – 579
Net liquidity 13,383 10,665
The Cash Flow Statement is explained in Note 35.
Cash Flow Statement of the Audi Group
from January 1 to December 31