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Group Management Report Corporate Governance Environment, Safety, and Corporate Social Responsibility Consolidated Financial Statements 85 Notes 2014 2015 in € thousand Dividends paid (56,357) (60,125) Proceeds from the sale of shares to non-controlling interests 3 1,591 0 Proceeds from issuance of long-term debt 23 1,523 0 Repayment of long-term debt 23 (70,220) (927) Net increase / decrease in short-term debt 23 294 (2,031) Cash flow from financing activities (123,169) (63,083) Effect of exchange rate changes 7,023 2,632 Change in cash and cash equivalents 2 19,199 144,978 Cash and cash equivalents as of January 1 2 257,929 277,128 Cash and cash equivalents as of December 31 2 277,128 422,106 Additional information on cash flows included in the cash flows from operating activities Income taxes paid (82,223) (90,031) Interest paid ( 9,283) (5,555) Income taxes received 13,393 8,931 Interest received 4,203 2,641 Dividends received 774 702


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