(in €m)

Note

2006

2005

2004

Profit for the period attributable to equity holders of the parent (Net income)

99

1,676

1,203

Profit for the period attributable to minority interests

16

34

18

Adjustments to reconcile net income to cash provided by operating activities:

Depreciation and amortisation

1,691

1,653

1,621

Valuation adjustments and CTA release

426

261

(188)

Deferred tax expenses (income)

(193)

386

537

Change in tax assets, tax liabilities and provisions for actual income tax

(160)

63

(202)

Results on disposal of non-current assets

(336)

(170)

(8)

Results of companies accounted for by the equity method

(152)

(210)

(88)

Change in current and non-current provisions

2,150

175

(35)

Change in other operating assets and liabilities:

(143)

1,239

2,155

- Inventories

(1,942)

(3,264)

366

- Trade receivables

(7)

(388)

(403)

- Trade liabilities

686

666

756

- Advance payments received

1,564

4,237

1,823

- Other assets and liabilities

(444)

(12)

(387)

Cash provided by operating activities

3,398

5,107

5,013

Investments:

- Purchase of intangible assets, Property, plant and equipment

(2,708)

(2,818)

(3,017)

- Proceeds from disposals of intangible assets, Property, plant and equipment

76

101

36

- Acquisitions of subsidiaries and joint ventures (net of cash)

27

(82)

(131)

(100)

- Proceeds from disposals of subsidiaries (net of cash)

86

89

0

- Payments for investments in associates and other investments and long-term financial assets

(421)

(659)

(482)

- Proceeds from disposals of associates and other investments and long-term financial assets

813

485

492

- Dividends paid by companies valued at equity

46

36

36

- Increase in equipment of leased assets

(147)

(40)

(656)

- Proceeds from disposals of leased assets

215

256

74

- Increase in finance lease receivables

(16)

(219)

(261)

- Decrease in finance lease receivables

79

85

110

Disposals of non-current assets / disposal groups classified as held for sale and liabilities directly associated with non-current assets classified as held for sale

690

0

0

Change of securities

3,357

1,008⁽¹⁾

(964)⁽¹⁾

Change in cash from changes in consolidation

0

12

9

Cash provided by (used for)
investing activities

1,988

(1,795)

(4,723)

Increase in borrowings

1,252

456

1,302

Repayment of borrowings

(468)

(800)

(828)

Cash distribution to EADS N.V. shareholders

(520)

(396)

(320)

Dividends paid to minorities

(16)

0

0

Payments related to liability for puttable instruments

23

(2,879)⁽³⁾

(93)

(64)

Capital increase

94

187

43

Purchase of treasury shares

(35)

(288)

(81)

Cash (used for) provided by
financing activities

(2,572)

(934)

52

Effect of foreign exchange rate changes and other valuation adjustments on cash and cash equivalents

(57)

17

(2)

Net increase in cash and cash equivalents

2,757

2,395⁽¹⁾

340⁽¹⁾

Cash and cash equivalents
at beginning of period

5,386⁽¹⁾⁽²⁾

2,991⁽¹⁾⁽²⁾

2,651⁽¹⁾⁽²⁾

Cash and cash equivalents
at end of period

8,143

5,386⁽¹⁾

2,991⁽¹⁾

(in €m)

2006

2005

2004

Interest paid

(271)

(242)

(367)

Income taxes paid, net

(239)

(265)

(302)

Interest received

380

313

329

Dividends received

64

55

57