Consolidated statement of cash flows.

  Q3
2012
millions
of €
Q3
2011
millions
of €
Q1 – Q3
2012
millions
of €
Q1 – Q3
2011
millions
of € 
FY
2011
millions
of €
 
Profit (loss) (6,735) 1,198 (5,533) 2,212 670
Depreciation, amortization and impairment losses 13,399 2,261 18,933 7,138 14,436
Income tax expense (benefit) (2,487) 684 (2,004) 1,491 2,349
Interest income and interest expense 513 573 1,560 1,745 2,325
Other financial (income) expense 65 (83) 76 131 169
Share of (profit) loss of associates and joint ventures accounted for using the equity method 64 19 148 40 73
(Profit) loss on the disposal of fully consolidated subsidiaries (6) 0 (6) 0 (4)
Non-cash transactions in connection with the compensation from AT&T (705)
Other non-cash transactions 5 (2) 18 46 27
(Gain) loss from the disposal of intangible assets and property, plant and equipment (132) 17 (80) 35 28
Change in assets carried as working capital 0 152 (306) 411 690
Change in provisions (34) 91 (32) 232 535
Change in other liabilities carried as working capital (55) (499) (808) (1,143) (1,578)
Income taxes received (paid) (305) (172) (518) (561) (778)
Dividends received 124 237 483 510 515
Net payments from entering into or canceling interest rate swaps 0 0 83 0 0
Cash generated from operations 4,416 4,476 12,014 12,287 18,752
Interest paid (675) (918) (2,533) (2,818) (3,397)
Interest received 261 186 685 538 859
Net cash from operating activities 4,002 3,744 10,166 10,007 16,214
Cash outflows for investments in          
Intangible assets (719) (410) (1,499) (1,134) (1,837)
Property, plant and equipment (1,479) (1,767) (4,494) (5,042) (6,569)
Non-current financial assets (59) (36) (164) (126) (430)
Investments in fully consolidated subsidiaries and business units (2) (400) (19) (1,239) (1,239)
Proceeds from disposal of          
Intangible assets 9 3 9 11 20
Property, plant and equipment 58 73 157 229 336
Non-current financial assets 28 10 439 56 61
Investments in fully consolidated subsidiaries and business units 47 5 47 5 5
Net change in short-term investments and marketable securities and receivables 166 (166) 373 128 339
Other 0 2 8 39 39
Net cash used in investing activities (1,951) (2,686) (5,143) (7,073) (9,275)
Proceeds from issue of current financial liabilities 6,198 23,412 19,391 54,236 66,349
Repayment of current financial liabilities (8,859) (25,194) (24,120) (56,922) (71,685)
Proceeds from issue of non-current financial liabilities 301 301 2,155 3,282 3,303
Repayment of non-current financial liabilities (68) (2) (149) (48) (51)
Dividends (4) (104) (3,399) (3,521) (3,521)
Share buy-back 0 (2) 0 (3) (3)
Repayment of lease liabilities (42) (39) (125) (117) (163)
Other 0 0 0 (187) (187)
Net cash used in financing activities (2,474) (1,628) (6,247) (3,280) (5,958)
Effect of exchange rate changes on cash and cash equivalents 2 31 4 (20) (40)
Changes in cash and cash equivalents associated with non-current assets and disposal groups held for sale (75) (312)
Net increase (decrease) in cash and cash equivalents (421) (614) (1,220) (678) 941
Cash and cash equivalents, at the beginning of the period 2,950 2,744 3,749 2,808 2,808
Cash and cash equivalents, at the end of the period 2,529 2,130 2,529 2,130 3,749