Consolidated cash flow statement

T€ 2016 2015 1)
Total comprehensive income 159,911 157,625
Deferred taxes not recognized in profit or loss 2,778 4,507
Actuarial gains and losses 2,181 851
Cash flow hedging -13,239 -19,650
Consolidated profit (EAT) 151,631 143,333
Result from companies accounted for using the equity method -1,036 -1,136
Income taxes 58,242 55,089
Financial result 81,095 82,669
Operating result (EBIT) 289,932 279,955
Depreciation and amortization 239,071 214,278
Gains/losses from disposal of fixed assets 3,195 4,670
Increase/decrease in inventories -2,944 -1,479
Increase/decrease in current receivables -4,051 -2,795
Increase/decrease in liabilities 69,135 14,841
Increase/decrease in employee benefits 13,483 2,252
Increase/decrease in other provisions -5,916 -800
Increase/decrease from acquisition of subsidiaries 450 0
Increase/decrease in other working capital -11,573 25,698
Remaining change in working capital    
Gross cash flow from operating activities 590,782 536,620
Net income taxes paid/received -61,950 -72,221
Cash flow from operating activities 528,832 464,399
Proceeds from the disposition of self-used property, plant, and equipment 1,732 2,579
Proceeds from the disposition of intangible assets 464 439
Proceeds from the disposition of investment property 4 7
Proceeds from distributions collected from associates 778 318
Payments for the acquisition of subsidiaries -1,500 0
Payments for investments in self-used property, plant, and equipment -263,432 -265,595
Payments for investments in intangible assets -4,404 -3,813
Payments for investments in investment property -5,521 -2,721
Interest received 1,176 1,032
Changes of short-term deposits 200,000 -119,000
Cash flow from investing activities -70,703 -386,754
Payments for distributions to shareholders -30,000 -30,000
Proceeds from borrowings 200,000 96,211
Repayments of borrowings -558,683 -31,065
Cash flows from Group-wide cash management with associates and investments -1,203 778
Interests paid (excluding construction period interest) -58,891 -98,882
Payments from construction period interest -8,641 -17,894
Cash flow from financing activities -457,418 -80,852
Exchange gains or losses on cash and cash equivalents 0 0
Change in cash and cash equivalents 711 -3,207
Cash and cash equivalents at the beginning of the year 5,323 8,530
Cash and cash equivalents at the end of the year 6,034 5,323
1) Adjustment in accordance with IAS 8. See notes (PDF) for further details.