(in €m)

Note

2007

2006

2005

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

(446)

99

1,676

Profit for the period attributable to minority interests

9

16

34

Adjustments to reconcile net income (loss) to cash provided by operating activities:

Interest income

(502)

(454)

(423)

Interest expense

701

575

578

Interest received

480

380

313

Interest paid

(370)

(271)

(242)

Income taxes

(333)

(81)

825

Income taxes received (paid)

36

(239)

(265)

Depreciation and amortisation

1,772

1,691

1,653

Valuation adjustments

582

163

(76)

Results on disposal of non-current assets

(125)

(336)

(170)

Results of companies accounted for by the equity method

(210)

(152)

(210)

Change in current and non-current provisions

2,268

2,150

175

Change in other operating assets and liabilities:

1,175

(143)

1,239

– Inventories

(2,998)

(1,942)

(3,264)

– Trade receivables

(148)

(7)

(388)

– Trade liabilities

44

686

666

– Advance payments received

4,817

1,564

4,237

– Other assets and liabilities

(540)

(444)

(12)

Cash provided by operating activities

5,037

3,398

5,107

Investments:

– Purchase of intangible assets, Property, plant and equipment

(2,028)

(2,708)

(2,818)

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

162

76

101

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

27

0

(82)

(131)

– Proceeds from disposals of subsidiaries (net of cash)

27

29

86

89

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

(568)

(421)

(659)

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

481

813

485

– Dividends paid by companies valued at equity

39

46

36

– Increase in equipment of leased assets

(30)

(147)

(40)

– Proceeds from disposals of leased assets

371

215

256

– Increase in finance lease receivables

(150)

(16)

(219)

– Decrease in finance lease receivables

118

79

85

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

26

690

0

Change of securities

(2,641)

3,357

1,008

Reimbursement from / contribution to plan assets

(303)

0

0

Change in cash from changes in consolidation

(249)⁽¹⁾

0

12

Cash (used for) provided by investing activities

(4,743)

1,988

(1,795)

Increase in financing liabilities

236

1,252

456

Repayment of financing liabilities

(955)

(468)

(800)

Cash distribution to EADS N.V. shareholders

(97)

(520)

(396)

Dividends paid to minorities

(1)

(16)

0

Payments related to liability for puttable instruments

0

(2,879)⁽²⁾

(93)

Capital increase

46

94

187

Purchase of treasury shares

0

(35)

(288)

Cash used for financing activities

(771)

(2,572)

(934)

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

(117)

(57)

17

Net (decrease) increase in cash and cash equivalents

(594)

2,757

2,395

Cash and cash equivalents at beginning of period

8,143

5,386

2,991

Cash and cash equivalents at end of period

27

7,549

8,143

5,386