Consolidated Statement of Cash Flows
€ million |
Notes |
2022 |
2021 |
|---|---|---|---|
Result attributable to shareholders of Fraport AG |
132.4 |
82.8 | |
Result attributable to non-controlling interests |
34.2 |
9.0 | |
Adjustments for |
|||
Taxes on income |
(15) |
67.3 |
24.6 |
Depreciation and amortization |
(10) |
465.3 |
443.3 |
Interest result |
(12) |
260.5 |
224.9 |
Gains/losses from disposals of non-current assets |
1.3 |
–4.5 | |
Others |
67.8 |
–12.5 | |
Changes in the measurement of companies accounted for using the equity method |
(13) |
–77.0 |
–18.8 |
Changes in inventories |
(28) |
–5.0 |
2.1 |
Changes in receivables and financial assets |
(24 – 25), (29) |
–74.1 |
–41.2 |
Changes in liabilities |
(34 – 36) |
96.4 |
14.8 |
Changes in provisions |
(37 – 40) |
–7.8 |
–210.1 |
Operating activities |
961.3 |
514.4 | |
Financial activities |
|||
Interest paid |
–156.6 |
–127.6 | |
Interest received |
19.6 |
24.3 | |
Paid taxes on income |
–37.0 |
–18.5 | |
Cash flow from operating activities |
(43) |
787.3 |
392.6 |
Investments in airport operating projects |
(18) |
–407.1 |
–277.1 |
Investments for other intangible assets |
(19) |
–4.7 |
–4.4 |
Capital expenditure for property, plant, and equipment |
(20) |
–741.6 |
–872.0 |
Investments for “Investment property” |
(21) |
–0.1 |
–9.5 |
Investments in companies accounted for using the equity method |
(22) |
–377.3 |
–5.4 |
Sale of shares in companies accounted for using the equity method |
(2) |
173.5 |
0.0 |
Dividends from companies accounted for using the equity method |
(22) |
50.7 |
26.6 |
Proceeds from disposal of non-current assets |
0.8 |
8.6 | |
Cash flow used in investing activities excluding investments in cash deposits and securities |
–1,305.8 |
–1,133.2 | |
Financial investments in securities and promissory note loans |
(23) |
–812.3 |
–1,139.0 |
Proceeds from disposal of securities and promissory note loans |
364.9 |
575.0 | |
Changes in time deposits with a term of more than three months |
(30) |
537.2 |
–607.0 |
Cash flow used in investing activities |
(43) |
–1,216.0 |
–2,304.2 |
Transactions with non-controlling interests |
(2) |
82.3 |
0.0 |
Cash inflow from long-term financial liabilities |
(33) |
2,011.6 |
2,798.4 |
Repayment of non-current financial liabilities |
–1,307.2 |
–424.2 | |
Changes in current financial liabilities |
95.6 |
–278.8 | |
Cash flow used in financing activities |
(43) |
882.3 |
2,095.4 |
Change in restricted cash |
–64.6 |
23.4 | |
Change in cash and cash equivalents |
389.0 |
207.2 | |
Cash and cash equivalents as at January 1 |
431.2 |
216.4 | |
Foreign currency translation effects on cash and cash equivalents |
6.0 |
7.6 | |
Cash and cash equivalents as at December 31 |
(30), (43) |
826.2 |
431.2 |