Group Management Report Products Safety and Health Environment Human Resources Social Commitment Consolidated Financial Statements 105
Notes 2018 2019
in € thousand
Dividends paid (80,111) (50,113)
Proceeds from issuance of long-term debt 24 8,383 3,924
Repayment of long-term debt 24 (67)
Net increase / decrease in short-term debt 24 (64,144) (88,455)
Cash flow from financing activities (135,939) (134,644)
Effect of exchange rate changes (624) 2,054
Change in cash and cash equivalents (36,019) 24,904
Cash and cash equivalents as of January 1 2 275,671 239,652
Cash and cash equivalents as of December 31 2 239,652 264,556
Additional information on cash flows included in the cash flows
from operating activities
Income taxes paid (80,603) (86,590)
Interest paid (3,916) (3,621)
Income taxes received 5,966 16,365
Interest received 2,226 10,390
Dividends received 962 809