Group - L. Possehl & Co. mbH

Consolidated Cash flow Statement
from January 1, 2007 to December 31, 2007
Letter from the Executive Board
Company Boards
Report of the Controlling Boards
Successful over the Long Term
Group Management Report
Consolidated Financial Statements
Further Information
in E ’000 2007 2006
Consolidated net profit 114,078 99,137
Extraordinary result 49,463 32,773
Consolidated net profit before extraordinary items 64,615 66,364
Additions/depreciation of noncurrent assets 24,219 26,300
Changes in accruals and provisions -6,990 3,382
Other non-cash expenses and income 2,450 219
Gains and losses on the disposal of noncurrent assets -1,894 -894
Change in working capital 2,151 2,572
(1) Cash flow from operating activities 84,551 97,943
Proceeds from disposal of intangible assets and property, plant, and equipment
Proceeds from disposal of noncurrent financial assets and from the disposal
3,363 4,738
of consolidated companies and business units 101,730 37,387
Payments for investments in intangible assets and property, plant, and equipment -22,433 -31,170
Payments for investments in noncurrent financial assets and for the acquisition
of consolidated companies and business units -29,841 -113,184
(2) Cash flow from investing activities 52,819 -102,229
Payments to shareholders (including minority interests) -8,000 -6,927
Payments from shareholders (including minority interests) 0 1,828
Change in bank debt 11,330 -16,846
Change in other financial receivables/liabilities -693 10,134
(3) Cash flow from financing activities 2,637 -11,811
Cash-relevant changes from (1) to (3) 140,007 -16,097
Net change in cash and cash equivalents due to exchange rate differences,
changes in group of consolidated companies, and valuation changes -2,071 1,414
Cash and cash equivalents at beginning of period 41,993 56,676
Cash and cash equivalents at end of period 179,929 41,993
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