Consolidated Statements of Cash Flows
Audited informationfor the years ended 31 December 2020 and 2019 |
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Notes1 |
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2020 |
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2019 |
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Net income |
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799 |
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38 |
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Reversal of non-cash income and expenses |
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–277 |
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483 |
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||||
Dividends received from associates and joint ventures |
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44 |
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42 |
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Payments for restructuring |
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–25 |
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–29 |
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Cash flow before changes in net working capital and provisions |
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541 |
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534 |
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Changes in net working capital and provisions |
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–57 |
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96 |
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Cash generated from operating activities |
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484 |
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630 |
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Income taxes paid |
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–115 |
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–121 |
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Net cash generated from operating activities |
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369 |
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509 |
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Cash flows from investing activities: |
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Investments in property, plant and equipment |
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–288 |
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–273 |
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Investments in financial assets, associates and joint ventures |
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–2 |
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–4 |
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Investments in intangible assets |
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–11 |
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–16 |
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Changes in current financial assets and short-term deposits |
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48 |
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–285 |
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Sale of property, plant and equipment and intangible assets |
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22 |
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14 |
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Business combinations |
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–9 |
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— |
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Proceeds from the disposal of associates and financial assets |
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5 |
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4 |
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Proceeds from the disposal of discontinued operations |
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1 305 |
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295 |
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Proceeds/payments associated to disposals of activities not qualifying as discontinued operations |
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13 |
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11 |
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Net cash provided by/used in investing activities |
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1 083 |
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–254 |
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Cash flows from financing activities: |
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Purchase of treasury shares |
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–1 |
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–10 |
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Distribution to the shareholders of Clariant Ltd |
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–989 |
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–181 |
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Dividends paid to non-controlling interests |
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–42 |
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–20 |
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Proceeds/payments associated to transactions with non-controlling interests |
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— |
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–1 |
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Proceeds from financial debts |
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288 |
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268 |
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Repayments of financial debts |
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–472 |
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–370 |
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Repayments of lease liabilities |
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–55 |
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–58 |
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Interest paid |
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–60 |
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–79 |
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Interest paid for leases |
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–11 |
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–12 |
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Interest received |
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16 |
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23 |
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Net cash provided by/used in financing activities |
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–1 326 |
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–440 |
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Currency translation effect on cash and cash equivalents |
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–27 |
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–10 |
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Net change in cash and cash equivalents |
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|
99 |
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–195 |
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Cash and cash equivalents at the beginning of the period |
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|
638 |
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|
833 |
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Cash and cash equivalents at the end of the period |
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|
737 |
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638 |
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