Consolidated statement of cash flows of LafargeHolcim Group

Million CHF

Notes

Jan–Sept
2016
Unaudited

Jan–Sept
2015
Unaudited

July–Sept
2016
Unaudited

July–Sept
2015
Unaudited

1

Cash and cash equivalents at the end of the period include bank overdrafts of CHF 317 million (2015: CHF 560 million) disclosed in current financial liabilities, cash and cash equivalents of CHF 56 million (2015: CHF 3 million) disclosed in assets classified as held for sale and bank overdrafts of CHF 1 million (2015: CHF 3 million) disclosed in liabilities directly associated with assets classified as held for sale.

Net income

 

1,555

1,502

1,103

812

Income taxes

 

774

547

312

196

Other income

7

(520)

(1,102)

(479)

(660)

Other expenses

8

23

61

6

40

Share of profit of associates and joint ventures

 

(123)

(98)

(54)

(34)

Financial expenses net

9, 10

607

558

183

288

Depreciation, amortization and impairment of operating assets

 

1,673

1,294

534

650

Other non-cash items

 

273

491

80

371

Change in net working capital

 

(1,438)

(1,212)

(195)

(356)

Cash generated from operations

 

2,825

2,041

1,491

1,306

Dividends received

 

135

121

22

35

Interest received

 

124

129

45

64

Interest paid

 

(873)

(655)

(240)

(399)

Income taxes paid

 

(674)

(678)

(89)

(307)

Other (expenses) income

 

(21)

(28)

25

12

Cash flow from operating activities (A)

 

1,516

931

1,255

711

 

 

 

 

 

 

Purchase of property, plant and equipment

 

(1,279)

(1,225)

(429)

(611)

Disposal of property, plant and equipment

 

80

75

30

36

Acquisition of participation in Group companies

 

(4)

218

0

406

Disposal of participation in Group companies

 

1,168

6,386

794

6,122

Purchase of financial assets, intangible and other assets

 

(269)

(485)

(133)

(184)

Disposal of financial assets, intangible and other assets

 

391

912

166

104

Cash flow from investing activities (B)

 

87

5,881

429

5,873

 

 

 

 

 

 

Payout on ordinary shares

15

(909)

(424)

0

0

Dividends paid to non-controlling interest

 

(197)

(215)

(95)

(96)

Capital paid-in by non-controlling interest

 

16

13

2

9

Movements of treasury shares

 

4

(7)

1

(6)

Transaction costs relating to the issuance of new shares

 

0

(52)

0

(52)

Net movement in current financial liabilities

 

(676)

(276)

(579)

(758)

Proceeds from long-term financial liabilities

13

5,233

2,157

933

715

Repayment of long-term financial liabilities

13

(4,428)

(5,875)

(1,066)

(4,547)

Increase in participation in existing Group companies

 

(10)

(4)

0

(2)

Cash flow from financing activities (C)

 

(966)

(4,684)

(803)

(4,738)

 

 

 

 

 

 

Increase in cash and cash equivalents (A + B + C)

 

638

2,128

880

1,845

 

 

 

 

 

 

Cash and cash equivalents as at the beginning of the period (net)

 

3,771

1,941

3,469

2,049

Increase in cash and cash equivalents

 

638

2,128

880

1,845

Currency translation effects

 

(82)

36

(23)

211

Cash and cash equivalents as at the end of the period (net)1

 

4,327

4,105

4,327

4,105