Change in interest bearing receivables other liabilities Provisions and other liabilities Depreciation and impairment property, plant and equipment Ebitda Ebitda Variation of expansion investments Variation of expansion investments Shares to employees Option costs share-based payment Cash flows from (used in) financing activities Cash flows from (used in) investing activities Financial items net Financial items net Gain loss on hedges of net investments in subsidiaries Cash flows from (used in) operating activities Variation of replacement investments Variation of replacement investments Purchase of property, plant and equipment, intangible assets other than goodwill, investment property and other non-current assets Cash and cash equivalents if different from statement of financial position Cash and cash equivalents if different from statement of financial position Amortisation intangible assets Sales Revenues Sales Revenues Variation of investments property, plant and equipment and intangible assets Variation of investments property, plant and equipment and intangible assets Variation of investments property, plant and equipment and intangible assets Increase (decrease) in cash and cash equivalents before effect of exchange rate changes