Consolidated cash flow statement

Adjusted for:

∙ Financial income and expenses

∙ Income tax

∙ Share in result of associates and joint ventures

∙ Depreciation, amortisation and impairments of fixed assets

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

∙ Movements in working capital

∙ Movements in customer construction contributions

∙ Movements in derivative financial instruments

Interest paid

Interest received

Investments in property, plant and equipment

Disposal of property, plant and equipment

Investments in intangible assets

Disposal of subsidiaries

New loans issued

Dividend payments ordinary shares

Dividend payments preference shares

Capital reinforcment

Cost on capital reinforcment

Payment of lease liabilities

Coupon and cost on perpetual subordinated bonds

Non-current interest-bearing debt newly issued

Current interest-bearing debt newly issued

Repayment of non-current interest-bearing debt

Movements in cash and cash equivalents