Heidelberg Financial Year 2006/2007: Targets Achieved - Further Improvement in Earning
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The net profit climbed to 263 million Euro (previous year: 135 million Euro) and included a positive one-time effect in the form of a corporate income tax credit of 73 million Euro. This credit relates to a change in the way existing tax credits are treated and has no impact on the level of future dividends. The free cash flow also increased substantially to 229 million Euro (previous year: 149 million Euro) as a result of tight asset management.
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