The cash flow statement has been prepared in accordance with IAS 7 “Statement of Cash Flows”. It presents the changes in cash and cash equivalents as a result of cash inflows and outflows in the year under review. Further information on cash flows can be found in the explanation of cash and cash equivalents (see Note [35]). The amount of undrawn borrowing facilities that could be tapped for future operating activities and to meet obligations is disclosed in Note [44].
The cash flows reported by Group companies outside Germany are translated at average exchange rates. Due to strong exchange rate effects, in 2013 there were greater effects on the individual balance sheet items. Cash and cash equivalents are translated at the closing rates. The impact of foreign exchange rate changes is disclosed separately under changes in cash and cash equivalents.
Within the cash flows from investing activities and financing activities reclassifications were made with the aim of a clearer and more understandable presentation. The 2012 figures were correspondingly adjusted.