Group cash flow statement

Adjustments to earnings after taxes on income to calculate cash flow from operating activities:

Amortisation of intangible assets/depreciation of tangible assets

881

562

Depreciation of leased assets

150

191

Write-down of financial assets

11

1

Profit/loss on disposal of non-current assets

–1,945

–20

Net interest

276

71

Other non-cash items

23

20

Changes in assets and liabilities, adjusted for the effects of changes in Group structure:

Change in inventories

–222

–52

Change in trade receivables

–108

–71

Change in leased assets

–151

–209

Change in provisions

241

175

Change in trade payables

505

227

Change in other assets and liabilities

–292

83

Cash flow from operating activities

1,227

1,501

Payments for tangible and intangible assets and plants held under leases in accordance with IFRIC 4

–1,033

–826

Payments for investments in consolidated companies

–11,866

–8

Payments for investments in financial assets

–31

–55

Proceeds on disposal of tangible and intangible assets and the amortisation of receivables from financial services in accordance
with IFRIC 4

172

59

Proceeds on disposal of consolidated companies

2,376

2

Proceeds on disposal of financial assets

122

14

Payments for investments in securities

–18

–

Cash flow from investing activities

–10,278

–814

Dividend payments to Linde AG shareholders and other shareholders

–168

–150

Increase in share capital

1,816

–

Interest received

79

39

Interest paid

–245

–114

Subordinated bond issued and other loans raised

10,724

–

Issue of employee shares

30

19

Cash outflows for the repayment of loans

–3,475

–134

Change in liabilities from financial services

11

–18

Cash flow from financing activities

8,772

–358

Net cash inflow/outflow

–279

329

Opening balance of cash and cash equivalents

906

564

Effects of currency translation and changes in Group structure

–4

13

Cash and cash equivalents disclosed as non-current assets held for sale and disposal groups

–2

–

Closing balance of cash and cash equivalents

621

906

Additional information

Income taxes paid

573

201

Distributions/dividends received

35

2