Holding cashflow

Cash flow of the Franz Haniel subgroup

Cash flow at the level of the Franz Haniel subgroup is essentially influenced by (i) dividends received from the shareholdings; (ii) Holding Company expenses; (iii) net interest income/expense; (iv) dividends paid to the shareholders; (v) investments and disinvestments.

Selected financial information

In the interests of better readability, the format of the following cash flow statement for the Franz Haniel subgroup does not correspond to the format used for the cash flow statement in the Franz Haniel subgroup consolidated financial statements.

EUR million 2015 2016*
Dividends received 151 159
Interest payments -32 -9
Interest payments one-off effects -1 0
Holding costs -43 -42
Other operating cashflow one-off effects -18 -16
Operating cashflow5792
Dividend paid to shareholders -40 -50
Share buyback -4 -4
Divestments / investments -243 -96
Cashflow other derivatives -35 0
Cash change in net financial liabilities to third parties -195-58

 

*The decrease in interest paid was mainly due to interest inflows from financial assets with fixed interest payment dates, acquired in the previous year. These inflows were opposed by outflows for the acquisition of such financial assets in part significantly above their nominal value in the previous year. Taking these effects into account, interest outflows of EUR 30 million are attributable to the financial year 2016, the outflows for Divestments/investments are accordingly lower.