Cash flow
The cash flow from operating activities for the quarter was €32 million compared with an outflow of €1.6 million in Q1 '17. The year on year increase was mainly driven by the higher EBITDA and lower working capital utilisation in Q1 '18.
The cash flow used in investing activities excluding acquisitions, decreased by €2.5 million year on year. The vast majority of our investments in the quarter related to map content and various technology platforms to support growth in Automotive and Enterprise.
CAPEX (excluding acquisitions)
| (€ in millions) | Q1 '18 | Q1 '17 |
y.o.y.
|
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| Map content | 6.1 | 5.4 | 12% | ||||
| Mapmaking platform | 9.8 | 7.3 | 34% | ||||
| Applications | 1.2 | 4.3 | -73% | ||||
| Telematics | 1.7 | 4.3 | -61% | ||||
| Other | 3.6 | 3.5 | 3% | ||||
| Total | 22.4 | 24.9 | -10% | ||||
|
Change percentages and totals calculated before rounding. |
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