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Discretionary Free Cash Flow In €m Change at constant FX, excl E25B +13 +35 (9) +39 848 (323) 1 439 31 FX & Impact of E25B 408 Net Cash Flow from operations Cash Capex(1) (117) (1) Interest and Other fees paid net of interests received Discretionary Free Cash Flow Reported change (33) 35 (9) (7) 1 Cash Capex includes capital expenditure and payments under existing export credit facilities and lease liabilities. 25 


































































































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