This excerpt taken from the DT 6-K filed Mar 3, 2006.
(excluding goodwill) increased by EUR 3.7 billion year-on-year to EUR 10.2 billion. Investment was mainly centered on the acquisition of additional mobile communications licenses, software and technical equipment and machinery. More than half of the investments were made in Mobile Communications and Broadband/Fixed Network, predominantly in the United States and Germany.
The rise in trade and other receivables is due, among other reasons, to T-Mobile USAs receivables from Cingular under the terms of the wholesale agreement and to receivables for roaming services at T-Mobile UK.
In 2005, cash and cash equivalents were used mainly to purchase additional shares in T-Online International AG and to acquire networks in the United States, as well as for dividend payments and bond repayments. In addition to the free cash flow, the income from the disposal of the remaining sharesin MTS and the issuance of bonds and MTNs had an offsetting effect.
The increase in