Cash flow Statement (Annual, GAAP
in millions $) |
(FY 2006) 12 Months |
(FY 2005) 12 Months |
(FY 2004) 12 Months |
(FY 2003) 12 Months |
(FY 2002) 12 Months |
Income |
276.80 |
258.30 |
232.90 |
193.10 |
130.71 |
Depreciation & amortization |
90.90 |
90.10 |
73.40 |
69.27 |
66.33 |
Amortization of Other Assets |
- |
- |
- |
- |
- |
Impairment of assets
|
- |
- |
- |
- |
- |
Restructuring Costs |
- |
- |
- |
- |
- |
Accounting changes |
- |
- |
- |
- |
- |
Increase (Decrease) in Inventories |
-11.50 |
-4.80 |
- |
24.58 |
29.77 |
Purchased in-process R & D |
- |
- |
- |
- |
- |
Sale of Assets |
- |
- |
- |
- |
- |
Share-based Compensation |
- |
- |
- |
- |
-29.34 |
Stockbased compensation expense |
13.30 |
- |
- |
-0.23 |
-0.21 |
Tax benefit on stock options |
- |
- |
- |
- |
- |
Income taxes |
-49.50 |
-45.80 |
- |
9.55 |
54.42 |
Losses/ -gains on investments net |
- |
- |
- |
- |
- |
Increase (Decrease) in Accounts Receivable |
-25.20 |
17.00 |
- |
13.20 |
19.37 |
Increase (Decrease) in Accounts Payable |
- |
- |
- |
- |
- |
Accrued expenses |
- |
- |
- |
- |
- |
Post-retirement benefits expense |
- |
- |
- |
3.34 |
4.82 |
Prepaid expenses |
- |
- |
- |
- |
- |
Other Working Capital |
7.80 |
0.10 |
17.50 |
- |
- |
Other assets & liabilities |
- |
- |
- |
- |
- |
Other net |
27.80 |
-34.40 |
- |
-1.13 |
13.35 |
Payments for (Proceeds from) Other Operating Activities |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
-2.71 |
62.02 |
Net Cash flow from
Operating Activities |
330.40 |
280.50 |
323.80 |
308.97 |
351.24 |
Capital Expenditures |
-74.50 |
-92.20 |
-68.40 |
-57.66 |
-60.74 |
Sale of Capital Items |
2.80 |
4.00 |
- |
3.86 |
4.18 |
Short-term investments liq. |
- |
- |
- |
- |
- |
Short-term investments acq. |
- |
- |
- |
- |
- |
Proceeds from other investments |
- |
- |
- |
- |
- |
Purchases of other investments |
- |
- |
- |
- |
- |
Noncontrolling interest |
- |
- |
- |
- |
- |
Proceeds from Investments |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investments |
- |
- |
- |
- |
- |
Purchases of non-current assets |
- |
- |
- |
- |
- |
Payments to Acquire Businesses, Net of Cash Acquired |
-20.00 |
-416.60 |
-75.40 |
- |
- |
Investment in affiliate |
- |
- |
- |
- |
- |
Sale of businesses |
- |
- |
- |
- |
32.50 |
Proceeds from sale of assets |
- |
- |
- |
- |
- |
Note receivable |
- |
- |
- |
- |
- |
Payments for (Proceeds from) Other Investing Activities |
-12.70 |
-8.40 |
-3.80 |
-1.52 |
-1.24 |
Other Net |
- |
- |
- |
- |
- |
Discontinued operations |
- |
- |
- |
1.81 |
3.81 |
Net Cash flow from
Investing Activities |
-104.40 |
-513.20 |
-147.60 |
-53.50 |
-21.48 |
Short-term debt Net |
45.30 |
118.00 |
- |
-23.28 |
-180.45 |
Other borrowing transactions |
- |
- |
- |
- |
- |
Long-term debt - borrowings |
100.00 |
205.80 |
-60.10 |
- |
- |
Long-term debt - repayments |
-142.80 |
-2.90 |
- |
-0.55 |
-1.25 |
Noncontrolling interest |
- |
- |
- |
- |
- |
Issuances/ -repurchases
of Comm. Stock |
-138.20 |
-119.40 |
-56.70 |
-142.77 |
-125.14 |
Exercise of stock options |
35.20 |
20.90 |
21.80 |
18.04 |
24.32 |
Issuances/ -repurchases
of Pref. Stock |
- |
- |
- |
- |
- |
Discontinued Operations |
- |
- |
- |
- |
- |
Other financing activities net |
- |
- |
- |
- |
- |
Other net |
- |
- |
- |
- |
- |
Dividends paid to minority interests |
- |
- |
- |
- |
- |
Dividends paid |
-55.70 |
-51.30 |
-47.00 |
-35.20 |
-25.19 |
Net Cash flow from
Financing Activities |
-156.20 |
171.10 |
-142.00 |
-183.75 |
-307.71 |
Effect of exchange rate on cash flow |
5.40 |
-9.00 |
7.40 |
3.53 |
-7.30 |
Discontinued operations |
- |
- |
- |
- |
- |
Free
Cash Flow |
258.70 |
192.30 |
255.40 |
255.17 |
294.68 |
Total Cash Flow |
75.20 |
-70.60 |
41.60 |
75.25 |
14.75 |
Cash & cash equiv. at beg.
of the Year |
98.60 |
169.20 |
127.60 |
52.38 |
37.64 |
Cash & cash equivalents at
end of period |
173.80 |
98.60 |
169.20 |
127.63 |
52.38 |
Cash Interests paid |
- |
- |
10.00 |
12.96 |
16.17 |
Cash Income taxes paid |
- |
- |
80.50 |
72.87 |
26.64 |