Merck 2010 Annual Report Download - page 189
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Tax payments in 2010 totaled EUR 336.1 million (2009: EUR 260.1 million). Tax refunds totaled
EUR 18.7 million (2009: EUR 0.0 million). Interest paid totaled EUR 134.7 million (2009: EUR 76.9 mil-
lion) and interest received totaled EUR 38.1 million (2009: EUR 26.6 million).
A total of EUR 4,859.7 million was used for acquisitions and investments in other financial assets
(2009: EUR 40.0 million). Of this amount, EUR 4,843.7 million (2009: EUR 23.5 million) was used for
acquisitions. In vestments in other financial assets totaled EUR 16.0 million (2009: EUR 16.5 million).
Taking into consideration cash included in the acquisition, the payment of the Millipore purchase
price involved cash outflows of EUR 4,837.1 million. A final payment of EUR 6.6 million was made
for the Suzhou Taizhu China Group, which was acquired in 2009.
EUR million Millipore
Suzhou
Taizhu
China Group
Total
2010
Purchase price 4,611.9 6.6 4,618.5
Equity-like purchase price components (convertible bond) 525.2 – 525.2
Cash and cash equivalents acquired –300.0 – –300.0
Acquisitions 4,837.1 6.6 4,843.7
The divestment of Théramex did not result in any cash inflows in 2010 since the purchase price pay-
ment was made in January 2011. Cash outflows within the scope of this divestment amounted to
EUR 9.7 million. These comprised cash and cash equivalents of Théramex totaling EUR 9.2 million on
the date of deconsolidation as well as transaction costs of EUR 0.5 million. This is disclosed in the
cash flow statement under “Disposal of non-current assets”. Net cash inflows from changes in other
financial assets amounting to EUR 1,431.3 million were mainly the result of the sale of short-term
securities and financial assets and were used to finance the acquisition of Millipore.
Disclosed dividend payments and transfers of profits in accordance with the Articles of Association
were broken down as follows in the fiscal year:
EUR million 2010 2009
Dividends to shareholders –64.6 –96.9
Dividends to shareholders of non-controlling interest –21.5 –7.9
Dividend payments –86.1 –104.8
Company 185Management Report Corporate governance Consolidated Financial Statements
Notes
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