|
Consolidated Statement of Cash Flows (EUR €)
In Millions
|
12 Months Ended |
|
Dec. 31, 2011
|
Dec. 31, 2010
|
Dec. 31, 2009
|
| Cash flows from used in operating activities [abstract] |
|
|
|
| Profit (loss) after tax |
€ 3,439 |
€ 1,813 |
€ 1,750 |
| Adjustments for reconcile profit (loss) [abstract] |
|
|
|
| Depreciation and amortization |
724 |
534 |
499 |
| Income tax expense |
1,329 |
525 |
685 |
| Financial income net |
38 |
67 |
80 |
| Decrease (increase) in sales and bad debt allowances on trade receivables |
(18) |
(49) |
64 |
| Other adjustments for non-cash items |
14 |
29 |
3 |
| Decrease (increase) in trade receivable |
(426) |
(123) |
593 |
| Decrease (increase) in other assets |
(59) |
(122) |
209 |
| Decrease (increase) in trade payable, provisions and other liabilities |
(380) |
1,116 |
(124) |
| Decrease (increase) in deferred income |
121 |
66 |
48 |
| Cash outflows due to TomorrowNow litigation |
(52) |
(102) |
(19) |
| Interest paid |
(139) |
(66) |
(69) |
| Interest received |
92 |
52 |
22 |
| Income taxes paid, net of refunds |
(908) |
(818) |
(722) |
| Net cash flows from (used in) operating activities |
3,775 |
2,922 |
3,019 |
| Cash flows from used in investing activities [abstract] |
|
|
|
| Business combinations, net of cash and cash equivalents acquired |
(188) |
(4,194) |
(73) |
| Purchase of intangible assets and property, plant, and equipment |
(445) |
(334) |
(225) |
| Proceeds from sales of intangible assets or property, plant and equipment |
55 |
44 |
45 |
| Purchase of equity or debt instruments of other entities |
(2,046) |
(842) |
(1,073) |
| Proceeds from sales of equity or debt instruments of other entities |
1,398 |
1,332 |
1,027 |
| Net cash flows from (used in) investing activities |
(1,226) |
(3,994) |
(299) |
| Cash flows from used in financing activities [abstract] |
|
|
|
| Purchase of non controlling interests |
(28) |
0 |
0 |
| Dividends paid |
(713) |
(594) |
(594) |
| Purchase of treasury shares |
(246) |
(220) |
0 |
| Proceeds from reissuance of treasury shares |
251 |
127 |
24 |
| Proceeds from issuing shares (share-based compensation) |
46 |
23 |
6 |
| Proceeds from borrowings |
519 |
5,380 |
697 |
| Repayments of borrowings |
(1,005) |
(2,196) |
(2,303) |
| Net cash flows from (used in) financing activities |
(1,176) |
2,520 |
(2,170) |
| Effect of foreign exchange rate changes on cash and cash equivalents |
74 |
186 |
54 |
| Net Increase (decrease) in cash and cash equivalents |
1,447 |
1,634 |
604 |
| Cash and cash equivalents at beginning of period |
3,518 |
1,884 |
1,280 |
| Cash and cash equivalents at end of period |
€ 4,965 |
€ 3,518 |
€ 1,884 |