|
2019 |
2018 |
Net income |
412 |
250 |
Income taxes |
161 |
94 |
Financial result |
6 |
4 |
Depreciation, amortization and impairments of other intangible and tangible assets |
260 |
222 |
Consumption of programming assets incl. change in provisions for onerous contracts |
958 |
1,319 |
Change in provisions |
– 12 |
– 15 |
Gain/loss on the sale of assets |
– 1 |
– 20 |
Other non-cash income/expenses |
– 5 |
– 3 |
Change in working capital |
– 40 |
– 84 |
Dividends received |
7 |
7 |
Income tax paid |
– 92 |
– 256 |
Interest paid |
– 54 |
– 63 |
Interest received |
4 |
4 |
Cash flow from operating activities |
1,603 |
1,459 |
Proceeds from disposal of non-current assets |
39 |
31 |
Payments for the acquisition of other intangible and tangible assets |
– 213 |
– 161 |
Payments for the acquisition of financial assets |
– 75 |
– 44 |
Proceeds from disposal of programming assets |
20 |
17 |
Payments for the acquisition of programming assets |
– 1,072 |
– 1,070 |
Payments for the issuance of loan receivables |
– 1 |
– 14 |
Proceeds from the repayment of loan receivables |
0 |
1 |
Cash flow from obtaining control of subsidiaries or other businesses (net of cash and cash equivalents acquired) |
– 100 |
– 302 |
Cash flow from losing control of subsidiaries or other businesses (net of cash and cash equivalents disposed of) |
5 |
6 |
Cash flow from investing activities |
– 1,396 |
– 1,536 |
Dividend paid |
– 269 |
– 442 |
Repayment of interest-bearing liabilities |
– 13 |
– 1 |
Proceeds from issuance of interest-bearing liabilities |
33 |
10 |
Repayment of lease liabilities |
– 42 |
– 40 |
Repurchase of treasury shares |
–/– |
– 50 |
Proceeds from the sale of shares in other entities without change in control |
–/– |
289 |
Payments for shares in other entities without change in control |
– 5 |
– 222 |
Proceeds from non-controlling interests |
7 |
15 |
Dividend payments to non-controlling interests |
– 6 |
– 26 |
Cash flow from financing activities |
– 294 |
– 468 |
Effect of foreign exchange rate changes on cash and cash equivalents |
6 |
17 |
Change in cash and cash equivalents |
– 81 |
– 528 |
Cash and cash equivalents at beginning of reporting period |
1,031 |
1,559 |
Cash and cash equivalents at end of reporting period |
950 |
1,031 |
