Cash flow statement for the 2007 financial year
|
2007 |
2006 |
|
|
Figures in EUR million |
||
|
I. 1. Net income |
999 |
727 |
|
I. 2. Changes in technical provisions |
1,893 |
2,501 |
|
I. 3. Changes in deferred acquisition costs |
–228 |
–563 |
|
I. 4. Changes in funds held and in accounts receivable and payable |
–867 |
398 |
|
I. 5. Changes in other receivables and liabilities |
414 |
–653 |
|
I. 6. Changes in financial instruments held for trading |
29 |
–21 |
|
I. 7. Net gains and losses on investments |
–242 |
–170 |
|
I. 8. Changes in other balance sheet items |
–109 |
–404 |
|
I. 9. Other non-cash expenses and income as well as adjustments to net income |
1,448 |
1,577 |
|
I. Cash flows from operating activities |
3,337 |
3,392 |
|
II. 1. Cash inflow from the sale of consolidated companies |
384 |
— |
|
II. 2. Cash outflow from the purchase of consolidated companies |
–527 |
–100 |
|
II. 3. Cash inflow from the sale of real estate |
756 |
261 |
|
II. 4. Cash outflow from the purchase of real estate |
–53 |
–52 |
|
II. 5. Cash inflow from the sale and maturity of financial instruments |
14,868 |
16,116 |
|
II. 6. Cash outflow from the purchase of financial instruments |
–17,632 |
–20,814 |
|
II. 7. Changes in investments for the account and risk |
–704 |
–765 |
|
II. 8. Changes in other invested assets |
–535 |
2,126 |
|
II. Cash flows from investing activities |
–3,443 |
–3,228 |
|
III. 1. Net changes in contract deposits |
207 |
655 |
|
III. 2. Dividends paid |
–122 |
–10 |
|
III. 3. Net changes from other financing activities |
408 |
–164 |
|
III. Cash flows from financing activities |
493 |
481 |
|
Change in cash and cash equivalents (I. + II. + III.) |
387 |
645 |
|
Cash and cash equivalents at the end of the previous year |
1,670 |
1,119 |
|
Cash and cash equivalents – exchange rate differences on cash |
–19 |
–47 |
|
Cash and cash equivalents of disposal groups pursuant to IFRS 5 |
— |
47 |
|
Cash and cash equivalents at the end of the financial year |
2,038 |
1,670 |