Covestro Group Consolidated Statement of Cash Flows
| 3rd quarter 2023 | 3rd quarter 2024 | 1st nine months 2023 |
1st nine months 2024 | |
| € million | € million | € million | € million | |
| Income after income taxes | (31) | 31 | (13) | (80) |
| Income taxes | 67 | 21 | 189 | 215 |
| Financial result | 35 | 24 | 100 | 83 |
| Income taxes paid | (130) | (73) | (247) | (153) |
| Depreciation, amortization and impairment losses and impairment loss reversals | 206 | 211 | 672 | 662 |
| Change in pension provisions | (7) | (8) | (24) | (27) |
| (Gains)/losses on retirements of noncurrent assets | 1 | (6) | (33) | (13) |
| Decrease/(increase) in inventories | 298 | (21) | 179 | (272) |
| Decrease/(increase) in trade accounts receivable | 86 | 77 | (15) | (77) |
| (Decrease)/increase in trade accounts payable | (52) | 29 | (249) | 84 |
| Changes in other working capital, other noncash items | 17 | (23) | 61 | (164) |
| Cash flows from operating activities | 490 | 262 | 620 | 258 |
| Cash outflows for additions to property, plant, equipment and intangible assets | (182) | (150) | (461) | (422) |
| Cash inflows from sales of property, plant, equipment and other assets | – | 7 | 2 | 22 |
| Cash inflows from divestments less divested cash | – | – | 51 | – |
| Cash outflows for noncurrent financial assets | (7) | (18) | (15) | (62) |
| Cash inflows from noncurrent financial assets | – | – | 41 | – |
| Interest and dividends received | 20 | 19 | 54 | 49 |
| Cash inflows from/(Cash outflows for) other current financial assets | 139 | 48 | (160) | 101 |
| Cash flows from investing activities | (30) | (94) | (488) | (312) |
| Acquisition of treasury shares | – | – | (49) | – |
| Dividend payments | – | – | (2) | – |
| Issuances of debt | 25 | 585 | 327 | 994 |
| Retirements of debt | (138) | (747) | (447) | (927) |
| Interest paid | (37) | (30) | (105) | (90) |
| Cash flows from financing activities | (150) | (192) | (276) | (23) |
| Change in cash and cash equivalents due to business activities | 310 | (24) | (144) | (77) |
| Cash and cash equivalents at beginning of period | 741 | 569 | 1,198 | 625 |
| Change in cash and cash equivalents due to exchange rate movements | 1 | (6) | (2) | (9) |
| Cash and cash equivalents at end of period | 1,052 | 539 | 1,052 | 539 |