(16) Notes on the consolidated cash flow statement
Cash and cash equivalents with a term to maturity of not more than three months are recorded under cash and cash equivalents. Cash equivalents are short-term financial investments which can be converted into cash at any time and which are only subject to minor value fluctuation risks.
|All figures in €‘000||March 31, 2009||March 31, 2008|
|Cash and cash equivalents||33,126||80,370|
|Cash and cash equivalents, contained in
non-current assets held for sale and disposal groups
|Other investments < 3 months||100,000||20,068|
|Liabilities to banks due on demand||–1,886||–13|
|Cash and cash equivalents||132,527||100,408|
The receivables from financial institutions of MLP Finanzdienstleistungen AG are not included in cash and cash equivalents as they are to be attributed to the current business activities of the banking business segment (formerly: MLP Bank AG).
The operating cash flow is primarily influenced by the payment of the profit transfer by MLP Finanzdienstleistungen AG to MLP AG amounting to € 46,750 thsd (previous year: € 87,481 thsd).
In the current financial year the cash flow from investment activity is primarily influenced by maturing fixed-term money deposits that were invested with a remaining term of over 3 months.