Cash Flow Statement
|
|
2021 |
|
2022 |
|---|---|---|---|---|
Profit after tax |
|
655 |
|
771 |
Reconciliation of profit after tax to net cash flow from operating activities |
|
|
|
|
Income taxes |
|
252 |
|
325 |
Financial result |
|
26 |
|
–4 |
Income taxes paid |
|
–305 |
|
–312 |
Depreciation and amortization |
|
287 |
|
287 |
Change in non-current provisions |
|
–9 |
|
22 |
Gain/loss on disposal of property, plant, and equipment, |
|
–9 |
|
–5 |
Gross cash flow |
|
897 |
|
1,084 |
Change in inventories |
|
–145 |
|
–395 |
Change in receivables and other assets |
|
–195 |
|
–288 |
Change in liabilities and current provisions |
|
436 |
|
396 |
Net cash flow from operating activities |
|
993 |
|
797 |
Investments in property, plant, and equipment, |
|
–413 |
|
–548 |
Payments for acquisitions (net of cash acquired) |
|
— |
|
–545 |
Payments for investments in associated companies |
|
–5 |
|
–7 |
Payments to acquire securities |
|
–1,114 |
|
–97 |
Proceeds from the sale of property, plant, and equipment, |
|
45 |
|
29 |
Proceeds from the sale of subsidiaries (net of cash disposed) |
|
10 |
|
10 |
Proceeds from the sale of associated companies |
|
8 |
|
— |
Proceeds from the sale/final maturity of securities |
|
563 |
|
680 |
Interest received |
|
39 |
|
42 |
Proceeds from dividends and other financing activities |
|
22 |
|
34 |
Net cash flow from investing activities |
|
–845 |
|
–402 |
Free cash flow |
|
148 |
|
395 |
Proceeds from loans |
|
185 |
|
451 |
Loan repayments |
|
–57 |
|
–447 |
Repayments of lease liabilities |
|
–66 |
|
–68 |
Interest paid |
|
–12 |
|
–15 |
Other financing expenses paid |
|
–14 |
|
–19 |
Cash dividends paid (Beiersdorf AG) |
|
–159 |
|
–159 |
Cash dividends paid (non-controlling interests) |
|
–18 |
|
–16 |
Payments to acquire shares from non-controlling interests without a change in control |
|
— |
|
–72 |
Net cash flow from financing activities |
|
–141 |
|
–345 |
Effect of exchange rate fluctuations and other changes |
|
24 |
|
–6 |
Net change in cash and cash equivalents |
|
31 |
|
44 |
Cash and cash equivalents as of Jan. 1 |
|
1,005 |
|
1,036 |
Cash and cash equivalents as of Dec. 31 |
|
1,036 |
|
1,080 |