Wincor-Nixdorf Three-month Interim Report 2005/2006

Group Cash Flow Statement

		€ k
	1st quarter 2005/2006 ¹⁾	1st quarter 2004/2005 ²⁾
Operating profit (EBITA)	38,543	34,545
Amortization/depreciation of property rights, licenses and property, plant and equipment	8,255	6,371
EBITDA	46,798	40,916
Interest expenses, less interest income, plus other financial expenses, less other financial income	−3,977	−5,098
Taxes on income and profit	−10,952	−8,121
Profit/loss on disposal of fixed assets	−34	17
Increase in accruals	7,686	1,137
Other non-cash expenses, less other non-cash income	652	3,291
Decrease in working capital	6,669	22,610
Decrease in other items within net current assets	15,897	9,870
Cash flow from operating activities	62,739	64,622
Payments received from the disposal of property, plant and equipment	199	375
Payments received from the disposal of financial assets	19	29
Payments made for investment in intangible assets	−423	−2,016
Payments made for investment in property, plant and equipment	−6,244	−4,013
Payments made for acquisition of consolidated affiliated companies and other business units	0	−10,890
Payments made for investment in financial assets	0	−4
Cash flow from investment activities	−6,449	−16,519
Payments received from loan draw-downs	0	7,000
Payments made to minority shareholders and other distributions	−578	0
Payments made for repayment of financial loans	−51,500	0
Payments received/made due to special items	5,040	2,395
Cash flow from financing activities	−47,038	9,395
Change in liquidity	9,252	57,498
Change in cash and cash equivalents from exchange rate movements	87	−746
Cash and cash equivalents at beginning of period	−1,185	51,080
Cash and cash equivalents at end of period	8,154	107,832

	¹⁾ October 1, 2005 – December 31, 2005
	²⁾ October 1, 2004 – December 31, 2004