[33] Net cash flows from operating activities 

Tax payments in 2007 totaled €209.0 million (2006: €215.5 million). Interest expense totaled €302.8 million (2006: €29.4 million) and interest income totaled €51.6 million (2006: €42.7 million). Other non-cash expenses include the write-downs of the Serono inventories that were remeasured within the scope of the purchase price allocation and amount to €734.0 million.

Last update 18.02.2008, © Merck KGaA, Darmstadt, Germany