BMW 2002 Annual Report Download - page 52

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51
Change in cash and cash equivalents
in euro million
12,000
11,000
10,000
9,000
8,000
7, 000
6,000
5,000
4,000
3,000
2,000
1,000
0
Cash and cash
equivalents
31.12. 2001
Cash flow from
operating activities
Cash flow from
investing activities
Cash flow from
financing activities
Currency trans-
lation, changes in
group composition
Cash and cash
equivalents
31.12. 2002
2,437
+7,250  9,715
+ 2,460 99 2,333
Net interest-bearing assets (cash and cash
equivalents and marketable securities less debt)
relating to industrial operations increased by euro
164 million to euro 1.7 billion.
After adjustment for the effects of exchange-rate
fluctuations and changes in the composition of the
BMW Group amounting to euro 99 million (2001:
euro  45 million), the individual cash flows resulted
in a decrease in cash and cash equivalents of euro
104 million (2001: decrease of euro 490 million).