Annual Report 2010 - Muenchener Hypothekenbank eG

62 | 63 münchener hypothekenbank eg | annUaL report 2010 statement of deveLopment in eqUity and cash fLow statement cASh fLOw STATEmENT fOR 2010 31.12.2010 in € millions 31.12.2009 in € millions Liabilities - to banks -1,371.0 1,047.5 - to customers 66.8 170.7 Securitised liabilities 833.3 -1,679.3 other liabilities from operating activities -238.9 -226.1 interest and dividends received 1,334.1 1,436.4 interest paid -1,209.6 -1,303.7 Extraordinary amounts received/paid -1.1 2.0 income taxes paid -4.6 -4.0 cash flow from operating activities 21.8 45.8 Cash receipts from the disposal of - financial assets 1,019.4 1,005.6 - Tangible fixed assets 0.2 0.3 Cash payments for acquisition of - financial assets -1,031.0 -1,130.5 - Tangible fixed assets -0.8 -0.9 Cash receipts/payments from gains/losses in subsidiary companies 0.0 0.0 Net increase/decrease in funds from other investing activities -4.4 -1.7 cash flow from investing activities -16.6 -127.2 Cash receipts from changes in capital 7.4 4.6 dividends paid -8.0 -7.3 increase/decrease in funds from other capital 7.0 94.0 cash flow from financing activities 6.4 91.3 Cash and cash equivalents at start of reporting period 67.0 57.1 +/- Cash flow from operating activities 21.8 45.8 +/- Cash flow from investing activities -16.6 -127.2 +/- Cash flow from financing activities 6.4 91.3 +/- Changes in cash and cash equivalents due to changes in foreign exchange rates 0.0 0.0 cash and cash equivalents at the end of the reporting period 78.6 67.0