Consolidated Statements of Cash Flows for the past 3 years
The Year Ended September 30,
(€ in millions)
Net Loss
Items not requiring cash outlays or with
no impact on working capital:
Depreciation and amortization
One-time impact of the 2012 Refinancing on net loss
Increase in valuation and reserve allowances
Other
2014
2013
2012
(113.6)
(78.2)
(100.2)
179.2
8.5
(1.8)
171.8
6.7
(0.7)
173.8
32.0
7.5
2.0
(21.6)
(2.9)
(6.7)
0.3
7.2
(0.8)
Net change in working capital account balances:
Change in receivables, deferred income
and other assets
Change in inventories
Change in payables, prepaid expenses and other
liabilities
30.4
2.8
22.5
78.2
96.0
144.0
Capital expenditures for tangible
and intangible assets
Increase in equity investments
(139.8)
(5.1)
(117.2)
(9.9)
(148.1)
(5.2)
Cash flow used in investing activities
(144.9)
(127.1)
(153.3)
(0.3)
(0.1)
0.3
Cash flow generated by operating activities
Net (purchases) / sales of treasury shares
Cash proceeds from TWDC standby revolving credit
facility
(1)
Repayments of borrowings
Cash proceeds from new TWDC debt granted during the
2012 Refinancing
Payment of costs incurred during the 2012 Refinancing
Cash flow generated by / (used in) financing
activities
Change in cash and cash equivalents
Cash and cash equivalents, beginning of period
Cash and cash equivalents, end of period
100.0
30.0
-
(61.7)
(31.7)
(1,472.6)
-
-
1,331.8
-
(3.4)
(102.0)
38.0
(5.2)
(242.5)
(28.7)
78.0
(36.3)
114.3
(251.8)
366.1
49.3
78.0
114.3
(1) including repayments of TWDC standby revolving credit facility of €250 million
Supplemental Cash Flow Information
The Year Ended September 30,
(€ in millions)
2014
2013
2012
53.2
60.0
69.9
Supplemental cash flow information
Interest paid