Consolidated statements of cash flows

08/08/2019 - 10:00 AM

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Consolidated statements of cash flow (millions of euro) 1° Half 2019 1° Half 2018 1° Half 2017
Cash flow generated (used) by operating activities      3,139     2,578 3,138
Cash flow generated (used) by investing activities  (1,987)   (2,210)  (2,090)
Cash flow generated (used) by financing activities  (1,089)  (1,464)    (819)
Cash flow generated (used) by discontinued operations/assets held for sale   -      -  
Cash and cash equivalents at the beginning of the year      1,631      3,246     3,952
Net effect of foreign currency translation on the cash and cash equivalents               5 (51) (95)
Net cash and cash equivalents at the end of the period  1,699     2,099     4,086
(^) Starting from 1 January 2019, the TIM Group applies the new principles of IFRS 16 (Leasing).