Cash Flow Statement
|
|
2022 |
|
2023 |
|---|---|---|---|---|
Profit after tax |
|
771 |
|
749 |
Reconciliation of profit after tax to net cash flow from operating activities |
|
|
|
|
Income taxes |
|
325 |
|
356 |
Financial result |
|
–4 |
|
— |
Income taxes paid |
|
–312 |
|
–464 |
Depreciation and amortization |
|
287 |
|
449 |
Change in non-current provisions (excluding interest components and changes recognized in OCI) |
|
22 |
|
–27 |
Gain/loss on disposal of property, plant, and equipment, and intangible assets |
|
–5 |
|
–6 |
Gross cash flow |
|
1,084 |
|
1,057 |
Change in inventories |
|
–395 |
|
43 |
Change in receivables and other assets |
|
–288 |
|
–108 |
Change in liabilities and current provisions |
|
396 |
|
–51 |
Net cash flow from operating activities |
|
797 |
|
941 |
Investments in property, plant, and equipment, and intangible assets |
|
–548 |
|
–517 |
Payments for acquisitions (net of cash acquired) |
|
–545 |
|
— |
Payments for investments in associated companies and other investments |
|
–7 |
|
–5 |
Payments to acquire securities |
|
–97 |
|
–509 |
Proceeds from the sale of property, plant, and equipment, and intangible assets |
|
29 |
|
16 |
Proceeds from the sale of subsidiaries (net of cash disposed) and non-current assets held for sale |
|
10 |
|
23 |
Proceeds from the sale/final maturity of securities |
|
680 |
|
576 |
Interest received |
|
42 |
|
51 |
Proceeds from dividends and other financing activities |
|
34 |
|
24 |
Net cash flow from investing activities |
|
–402 |
|
–341 |
Free cash flow |
|
395 |
|
600 |
Proceeds from loans |
|
451 |
|
16 |
Loan repayments |
|
–447 |
|
–200 |
Repayments of lease liabilities |
|
–68 |
|
–68 |
Interest paid |
|
–15 |
|
–19 |
Other financing expenses paid |
|
–19 |
|
–48 |
Cash dividends paid (Beiersdorf AG) |
|
–159 |
|
–159 |
Cash dividends paid (non-controlling interests) |
|
–16 |
|
–14 |
Payments to acquire shares from non-controlling interests without a change in control |
|
–72 |
|
— |
Net cash flow from financing activities |
|
–345 |
|
–492 |
Effect of exchange rate fluctuations and other changes on cash held |
|
–6 |
|
–55 |
Net change in cash and cash equivalents |
|
44 |
|
53 |
Cash and cash equivalents as of Jan. 1 |
|
1,036 |
|
1,080 |
Cash and cash equivalents as of Dec. 31 |
|
1,080 |
|
1,133 |