expenditure implementation
【Key words】 international cooperated program; financial management; expenditure implementation; influential factor;
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expenditure implementation
支出实现
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The Group's free cash flow is expected to decrease to around EUR 5 billion in 2013 (scheduled figure for 2012: around EUR 6 billion), primarily as a result of the increased capital expenditure and the systematic implementation of the Challenger strategy in the U.S. market, including the agreement with Apple.
ENGADGET: T-Mobile and Apple sign agreement to launch products in 2013