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[57] Net cash flows from financing activities Audited

Disclosed dividend payments and transfers of profits in accordance with the Articles of Association were broken down as follows in the fiscal year:

XLS

 

 

 

€ million

2012

2011

Dividends to shareholders

–96.9

–80.8

Dividends to shareholders of non-controlling interest

–5.7

–6.0

Dividend payments

–102.6

–86.8

 

 

 

 

 

 

€ million

2012

2011

Profit transfer in accordance with the Articles of Association from E. Merck KG to Merck KGaA

2.2

0.8

Profit transfer in accordance with the Articles of Association from Merck KGaA to E. Merck KG

372.0

–938.5

Changes in reserves of Merck KGaA by E. Merck KG

–616.9

655.5

Profit transfer from Merck KGaA to E. Merck KG

–242.7

–282.2

Profit transfer from Merck & Cie to E. Merck KG

–61.8

–44.3

Profit transfer to E. Merck KG

–304.5

–326.5

 

 

 

Changes in financial liabilities to E. Merck KG

33.9

8.9

Changes in other liabilities to E. Merck KG

–23.3

68.4

Changes in liabilities to E. Merck KG

10.6

77.3

Total cash transfers to and from E. Merck KG

–293.9

–249.2

In December 2012, Merck acquired the non-controlling interest in Allergopharma GmbH & Co. KG, Reinbek, Germany, for a purchase price of € 15.0 million.