Consolidated Statement of Cash Flows for 2024

Consolidated Statement of Cash Flows

In EUR mn

 

 

 

 

Note

2024

2023

Net income for the year

 

2,024

1,917

Depreciation, amortization, impairments and write ups

9

3,079

2,619

Deferred taxes

14

15

175

Current taxes

14

2,195

2,512

Income taxes paid

 

–2,374

–3,920

Tax refunds

 

22

41

Losses (+)/gains (–) from disposal of non-current assets and businesses

8, 11

–0

–2

Income from equity-accounted investments and other dividend income

8, 20, 32

–307

–336

Dividends received from equity-accounted investments and other companies

18, 35

784

793

Interest expenses

13, 32

148

148

Interest paid

 

–177

–181

Interest income

13, 32

–446

–459

Interest received

 

444

400

Increase (+)/decrease (–) in personnel provisions

24

–13

–102

Net change in other provisions and emissions certificates

3, 25

23

–72

Other changes

27

–110

1,106

Cash flow from operating activities excluding net working capital effects

 

5,308

4,638

Decrease (+)/increase (–) in inventories

19

–72

1,320

Decrease (+)/increase (–) in receivables

20, 21

729

1,043

Increase (+)/decrease (–) in liabilities

26

–508

–1,293

Changes in net working capital components

 

148

1,071

Cash flow from operating activities

 

5,456

5,709

Investments

 

 

 

Intangible assets and property, plant, and equipment

16, 17

–3,513

–3,487

Investments, loans, and other financial assets

20

–605

–635

Acquisitions of subsidiaries and businesses, net of cash acquired

4

–199

–52

Divestments and other investing cash inflows

 

 

 

Cash inflows in relation to non-current assets and financial assets

 

350

183

Cash inflows from the sale of subsidiaries and businesses, net of cash disposed

4

814

965

Cash flow from investing activities

 

–3,152

–3,027

Increase in long-term borrowings

27

990

0

Repayments of long-term borrowings

27

–1,047

–1,477

Repayment hybrid bond

27

–500

Increase (+)/decrease (–) in short-term borrowings

27

–113

40

Decrease in non-controlling interest

 

–1

Dividends paid to stockholders of the parent (incl. Hybrid coupons)

22

–1,744

–1,746

Dividends paid to non-controlling interests

23

–717

–587

Cash flow from financing activities

 

–3,132

–3,771

Effect of foreign exchange rate changes on cash and cash equivalents

 

0

–25

Net increase (+)/decrease (–) in cash and cash equivalents

 

–828

–1,114

Cash and cash equivalents at beginning of year

27

7,011

8,124

Cash and cash equivalents at end of year

27

6,182

7,011

Thereof cash disclosed within assets held for sale

 

91

Cash and cash equivalents presented in the consolidated statement of financial position

 

6,182

6,920

Topics filter

Results