Free Cash Flow Audited

XLS

€ million

Note

2009

2008

Net cash flows from operating activities

 

1,371.3

1,024.0

Purchase of intangible assets

 

–96.6

–140.9

Purchase of property, plant and equipment

 

–467.3

–394.7

Acquisitions and investments of non-current financial assets

 

–40.0

–78.2

Disposal of non-current assets

 

45.4

35.7

Purchase/sale of marketable securities

 

–0.4

–7.5

Free cash flow

[36]

812.4

438.4

 

 

 

 

Acquisitions

 

23.5

51.9

Payments related to divestments

 

15.7

111.0

Underlying free cash flow

 

851.6

601.3