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Free Cash Flow 

XLS

EUR million

1st quarter
2010

1st quarter
2009

Net cash flows from operating activities

278.7

282.7

Purchase of intangible assets

–14.0

–27.0

Purchase of property, plant and equipment

–64.7

–89.0

Acquisitions and investments of non-current financial assets

–7.8

–8.3

Disposal of non-current assets

3.9

3.9

Purchase/sale of marketable securities

–1.3

1.8

Free cash flow

194.8

164.0

 

 

 

Acquisitions

Payments related to divestments

11.9

Underlying free cash flow

206.6

164.0

© Merck KGaA, Darmstadt, Germany, Last Update 2010/02/23