Consolidated cash flow statement
(in EUR million)          
           
FOR THE FINANCIAL YEAR Notes 2016 2015
           
Operating profit 76.9 59.2
Depreciation and amortisation 100.2 97.6
Other value adjustments 1.6 -
Changes in provisions (24) -/- 9.6 0.2
Changes in working capital
(excluding cash and cash equivalents and short-term bank overdrafts)

(24)

40.2

-/- 91.7
           
Cash flow from business operations 209.3 65.3
           
Interest received (paid) -/- 4.1 -/- 6.6
Income tax paid -/- 14.6 -/- 4.2
Other movements -/- 0.4 -/- 0.8
           
-/- 19.1 -/- 11.6
           
Cash flow from operating activities 190.2 53.7
           
Investments in (in)tangible fixed assets -/- 120.8 -/- 108.6
Proceeds from the sale of tangible fixed assets 2.2 3.8
Acquisitions of participating interests - -/- 2.0
           
Cash flow from investing activities -/- 118.6 -/- 106.8
           
Gross distribution under sugar beet payment/business
termination regulations

(30)

-/- 51.5

-/- 179.0
Changes in long-term receivables -/- 1.3 -/- 5.8
Changes in non-current liabilities (24) 2.3 9.4
Changes in current liabilities to credit institutions and
liabilities of a financing nature

-/- 1.5

-/- 48.2
           
Cash flow from financing activities -/- 52.0 -/- 223.6
           
Changes in cash and cash equivalents 19.6 -/- 276.7
           
Cash and cash equivalents at the beginning of the year 95.1 370.5
Exchange and translation gains and losses on cash
and cash equivalents

-/- 0.1

0.3
Cash and cash equivalents at participating interests acquired - 1.0
           
Cash and cash equivalents at the end of the year 114.6 95.1