CONDENSED CONSOLIDATED CASH FLOW STATEMENTS (U.S. GAAP)
(in millions of Euro, unaudited)
| Three months ended | Six months ended | |||||||||||
| June 30, 2008 | June 30, 2007 | Variation | June 30, 2008 | June 30, 2007 | Variation | |||||||
| Net Income | 42.5 | 37.9 | 4.6 | 83.1 | 70.8 | 12.3 | ||||||
| Depreciation and Amortization of Property, Plant & Equipment | 5.5 | 6.6 | (1.1) | 11.5 | 12.5 | (1.0) | ||||||
| Amortization of intangible assets | 11.5 | 12.8 | (1.3) | 23.6 | 24.9 | (1.3) | ||||||
| Other Non Cash P&L Items | 1.8 | (5.6) | 7.4 | 0.1 | (5.6) | 5.7 | ||||||
| Changes in working capital | 44.4 | 17.1 | 27.3 | 75.8 | 74.6 | 1.2 | ||||||
| Net Cash provided by operating activities | 105.7 | 68.8 | 36.9 | 194.1 | 177.2 | 16.9 | ||||||
| Acquisition of assets and equity, net of cash | (14.3) | (53.2) | 38.9 | (24.6) | (59.9) | 35.3 | ||||||
| Sale of assets and equity | 0.0 | 0.0 | 0.0 | 36.2 | 0.0 | 36.2 | ||||||
| Loans and others | 0.2 | (0.7) | 0.9 | 0.0 | (0.7) | 0.7 | ||||||
| Net Cash provided by (used in) investing activities | (14.1) | (53.9) | 39.8 | 11.6 | (60.6) | 72.2 | ||||||
| Borrowings | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | ||||||
| Share repurchase | 0.0 | 0.0 | 0.0 | (35.0) | 0.0 | (35.0) | ||||||
| DS Stock Option and preferred Stock Exercise | 19.1 | 22.6 | (3.5) | 23.3 | 27.8 | (4.5) | ||||||
| Cash dividend paid | (53.7) | (50.8) | (2.9) | (53.7) | (50.8) | (2.9) | ||||||
| Payments on capital lease obligations | 0.0 | 0.0 | 0.0 | 0.0 | (0.4) | 0.4 | ||||||
| Net Cash provided by (used in) financing activities (1) | (34.6) | (28.2) | (6.4) | (65.4) | (23.4) | (42.0) | ||||||
|
Effect of exchange rate changes on
treasury (2) |
(0.2) | (4.2) | 4.0 | (27.2) | (7.8) | (19.4) | ||||||
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| Increase in treasury (2) | 56.8 | (17.5) | 74.3 | 113.1 | 85.4 | 27.7 | ||||||
| Treasury (2) at beginning of period | 682.9 | 562.1 | 626.6 | 459.2 | ||||||||
| Treasury (2) at end of period | 739.7 | 544.6 | 739.7 | 544.6 | ||||||||
