Consolidated statement of cash flows
(201)
-
-
-
-
-
Financial statements
AHOLD ANNUAL REPORT 2008 I 48
million
Note
2008
2007
Operating income
1,198
1,068
Adjustments for:
Depreciation, amortization and impairments
674
705
Gains on the sale of assets and disposal groups held for sale
(46)
(35)
Other
32
31
Operating cash flows before changes in working capital
1,858
1,769
Changes in inventories
(103)
(11)
Changes in receivables and other current assets
(11)
(44)
Changes in payables and other current liabilities
214
231
Changes in non-current assets and liabilities
(91)
Class action settlement
(284)
Cash generated from operations
1,867
1,460
Income taxes (paid) received - net
(147)
62
Operating cash flows from continuing operations
1,720
1,522
Operating cash flows from discontinued operations
23
318
Net cash from operating activities
1,743
1,840
Purchase of non-current assets
(1,019)
(738)
Divestments of assets and disposal groups held for sale
88
74
Acquisition of businesses, net of cash acquired
27
(26)
(31)
Divestment of businesses, net of cash divested
5, 27
321
5,435
Dividends from joint ventures
70
66
Interest received
110
124
Other
(15)
2
Investing cash flows from continuing operations
(471)
4,932
Investing cash flows from discontinued operations
(145)
Net cash from investing activities
(471)
4,787
Interest paid
(349)
(431)
Repayments of loans
(1,069)
(577)
Repayments of finance lease liabilities
(43)
(47)
Dividends paid on common shares
(188)
Capital repayment
19
(2,995)
Share buyback
19
(1,021)
Other
(36)
27
Financing cash flows from continuing operations
(1,685)
(5,044)
Financing cash flows from discontinued operations
(32)
(96)
Net cash from financing activities
(1,717)
(5,140)
Net cash from operating, investing and financing activities 27 (445) 1,487
The accompanying notes are an integral part of these consolidated financial statements.
www.ahold.com/reports2008
