Cash Flow Statement
|
|
2023 |
|
2024 |
|---|---|---|---|---|
Profit after tax |
|
749 |
|
928 |
Reconciliation of profit after tax to net cash flow from operating activities |
|
|
|
|
Income taxes |
|
356 |
|
397 |
Financial result |
|
— |
|
–32 |
Income taxes paid |
|
–464 |
|
–404 |
Depreciation and amortization |
|
449 |
|
357 |
Change in non-current provisions (excluding interest components and changes recognized in OCI) |
|
–27 |
|
20 |
Gain/loss on disposal of property, plant, and equipment, and intangible assets |
|
–6 |
|
3 |
Gross cash flow |
|
1,057 |
|
1,269 |
Change in inventories |
|
43 |
|
–98 |
Change in receivables and other assets |
|
–108 |
|
–219 |
Change in liabilities and current provisions |
|
–51 |
|
279 |
Net cash flow from operating activities |
|
941 |
|
1,231 |
Investments in property, plant, and equipment, and intangible assets |
|
–517 |
|
–437 |
Payments for acquisitions and other investments (net of cash acquired) |
|
— |
|
–115 |
Payments for investments in associated companies and other investments |
|
–5 |
|
–6 |
Payments to acquire securities |
|
–509 |
|
–635 |
Proceeds from the sale of property, plant, and equipment, and intangible assets |
|
16 |
|
22 |
Proceeds from the sale of subsidiaries (net of cash disposed) and non-current assets held for sale |
|
23 |
|
— |
Proceeds from the sale/final maturity of securities |
|
576 |
|
942 |
Interest received |
|
51 |
|
70 |
Proceeds from finance leases |
|
— |
|
4 |
Proceeds from dividends and other financing activities |
|
24 |
|
29 |
Net cash flow from investing activities |
|
–341 |
|
–126 |
Free cash flow |
|
600 |
|
1,105 |
Proceeds from loans |
|
16 |
|
116 |
Loan repayments |
|
–200 |
|
–269 |
Repayments of lease liabilities |
|
–68 |
|
–75 |
Payments for the acquisition of own shares |
|
— |
|
–501 |
Interest paid |
|
–19 |
|
–30 |
Other financing expenses paid |
|
–48 |
|
–29 |
Cash dividends paid (Beiersdorf AG) |
|
–159 |
|
–227 |
Cash dividends paid (non-controlling interests) |
|
–14 |
|
–14 |
Net cash flow from financing activities |
|
–492 |
|
–1,029 |
Effect of exchange rate fluctuations and other changes on cash held |
|
–55 |
|
–2 |
Net change in cash and cash equivalents |
|
53 |
|
74 |
Cash and cash equivalents as of Jan. 1 |
|
1,080 |
|
1,133 |
Cash and cash equivalents as of Dec. 31 |
|
1,133 |
|
1,207 |
Due to the choice of numerical format (in € million), there may be deviations from the amounts actually posted or rounding differences in the calculation of subtotals and final totals. In addition, the percentage changes relate to values in € thousand.