Consolidated Financial Statements of the Nestlé Group 2012
50 Consolidated Financial Statements of the Nestlé Group 2012 Consolidated cash flow statement for the year ended 31 December 2012 In millions of CHF Notes 2012 2011 (a) Operating activities Operating profit 17 13 932 12 471 Non-cash items of income and expense 17 3 316 3 335 Cash flow before changes in operating assets and liabilities 17 248 15 806 ................
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