Consolidated cash flow statement

Adjusted for:

∙ Financial income and expenses recognised in the income statement

∙ Income tax recognised in the income statement

∙ Share in result of associates and joint ventures

∙ Depreciation, amortisation and impairments of property, plant and equipment, intangible assets and right-of-use assets

∙ Result on sale of property, plant and equipment and intangible assets

∙ Movements in working capital

∙ Amortisation of customer construction contributions received

∙ Movements in derivative financial instruments

Interest paid

Interest received

New loans issued

Repayments of loans granted

Disposal of subsidiaries^*

Investments in property, plant and equipment

Disposal of property, plant and equipment

Investments in intangible assets

Dividend payments

Payment of lease liabilities

Coupon on perpetual subordinated bonds

Repayment of non-current interest-bearing debt

Repayment of current interest-bearing debt

Non-current interest-bearing debt newly issued

Movements in cash and cash equivalents