Cash Flow Statement

Cash and cash equivalents at beginning of period

Earnings before tax

Income taxes paid

Depreciation and amortization of, and impairment losses on, intangible assets, property, plant and equipment, and investment property²

Amortization of and impairment losses on capitalized development costs²

Impairment losses on equity investments²

Depreciation of and impairment losses on lease assets²

Gain/loss on disposal of noncurrent assets and equity investments

Share of the result of equity-accounted investments

Other noncash expense/income

Change in inventories

Change in receivables (excluding financial services)

Change in liabilities (excluding financial liabilities)

Change in provisions

Change in lease assets

Change in financial services receivables

Cash flows from operating activities

Investments in intangible assets (excluding development costs), property, plant and equipment, and investment property

Additions to capitalized development costs

Acquisition of subsidiaries

Acquisition of other equity investments

Disposal of subsidiaries

Disposal of other equity investments

Proceeds from disposal of intangible assets, property, plant and equipment, and investment property

Change in investments in securities

Change in loans and time deposits

Cash flows from investing activities

Capital contributions/capital redemptions

Dividends paid

Capital transactions with noncontrolling interest shareholders

Proceeds from issuance of bonds

Repayments of bonds

Changes in other financial liabilities

Lease payments

Cash flows from financing activities

Effect of exchange rate changes on cash and cash equivalents

Net change in cash and cash equivalents

Cash and cash equivalents at end of period

Cash and cash equivalents at end of period

Securities, loans and time deposits

Gross liquidity

Total third-party borrowings

Net liquidity