Capital Expenditure (CAPEX) Total CAPEXIn EUR mn Upstream CAPEX decreased mainly as a result of a cut-back of capitalized E&A following a widespread effort to reduce spending in 2020. 2019 was impacted by the acquisition of a 50% interest in SapuraOMV in Malaysia. Downstream CAPEX increase was mainly related to the acquisition of an additional 39% share in Borealis AG. The reconciliation of total expenditure to the investments as shown in the cash flow statement is depicted in the following table: (XLSX:) Download Capital expenditure 1 In EUR mn 2020 2019 ∆ Total capital expenditure 6,048 4,916 23% +/– Changes in the consolidated Group and other adjustments (3,954) (411) n.m. – Investments in financial assets (156) (2,155) 93% Additions according to statement of non-current assets (intangible and tangible assets) 1,938 2,351 (18)% +/– Non-cash changes 21 (193) n.m. Cash outflow from investments in intangible assets and property, plant and equipment 1,960 2,158 (9)% + Cash outflow from investments, loans and other financial assets 194 2,265 (91)% + Acquisitions of subsidiaries and businesses net of cash acquired 3,880 460 n.m. Investments as shown in the cash flow statement 6,034 4,883 24% 1 Includes acquisitions as well as equity-accounted investments and other interests; adjusted for capitalized decommissioning costs, exploration wells that have not found proved reserves, borrowing costs and other additions that by definition are not considered capital expenditure schließen EUR Euro schließen CAPEX Capital Expenditure Gearing Ratio Excluding Leases and Leverage RatioNotes to the Cash Flow Statement 102-45 gri-id41:102-45
