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CONSOLIDATED STATEMENT OF CASH FLOWS - EUR (€)
€ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Cash flows from operating activities      
Cash generated from operations € 1,330 € 1,109 € 950
Interest - paid excluding cumulative PIK interest paid (510) (372) (323)
Cumulative PIK interest paid   (184)  
Income tax paid (90) (84) (59)
Net cash from operating activities 730 469 568
Cash flows from investing activities      
Purchase of business net of cash acquired   (2,685)  
Purchase of property, plant and equipment (422) (310) (304)
Purchase of software and other intangibles (19) (12) (8)
Proceeds from disposal of property, plant and equipment 5 4 8
Net cash used in investing activities (436) (3,003) (304)
Cash flows from financing activities      
Proceeds from borrowings 3,497 5,479  
Repayment of borrowings (4,061) (2,322) (198)
Return of capital to parent company     (15)
Net proceeds from share issuance by subsidiary 306    
Dividends paid to parent company (3) (270)  
Dividends paid by subsidiary to non-controlling interest (7)    
Early redemption premium costs paid (85) (108) (8)
Deferred debt issue costs paid (39) (72) (2)
Proceeds from the termination of derivative financial instruments 42   81
Net cash (outflow)/inflow from financing activities (350) 2,707 (142)
Net (decrease)/increase in cash and cash equivalents (56) 173 122
Cash and cash equivalents at the beginning of the year 776 554 433
Exchange (losses)/gains on cash and cash equivalents (34) 49 (1)
Cash and cash equivalents at the end of the year € 686 € 776 € 554