Consolidated statement of cash flows
millions of € |
|
|
|
|
||
|
Note |
2024 |
2023 |
2022 |
||
|---|---|---|---|---|---|---|
Profit (loss) before income taxes |
22,958 |
24,957 |
11,703 |
|||
Depreciation, amortization and impairment losses |
|
24,027 |
23,975 |
27,827 |
||
(Profit) loss from financial activities |
|
3,319 |
8,845 |
4,455 |
||
(Profit) loss on the disposal of fully consolidated subsidiaries |
|
2 |
(12,927) |
(2,661) |
||
(Income) loss from the sale of stakes accounted for using the equity method |
|
0 |
(235) |
(71) |
||
Other non-cash transactions |
|
(1,457) |
543 |
1,508 |
||
(Gains) losses from the disposal of intangible assets and property, plant and equipment |
|
(189) |
43 |
(76) |
||
Change in assets carried as operating working capital |
|
941 |
720 |
(600) |
||
Change in other operating assets |
|
(259) |
(611) |
(813) |
||
Change in provisions |
|
(760) |
(821) |
117 |
||
Change in liabilities carried as operating working capital |
|
(1,612) |
(500) |
789 |
||
Change in other operating liabilities |
|
(24) |
212 |
(60) |
||
Income taxes received (paid) |
|
(1,504) |
(1,312) |
(902) |
||
Dividends received |
|
9 |
31 |
11 |
||
Net payments from entering into, canceling or changing the terms and conditions of interest rate derivatives |
|
7 |
(94) |
0 |
||
Cash generated from operations |
|
45,460 |
42,826 |
41,228 |
||
Interest paid |
|
(8,013) |
(7,729) |
(6,756) |
||
Interest received |
|
2,427 |
2,201 |
1,347 |
||
Net cash from operating activities |
|
39,874 |
37,298 |
35,819 |
||
Of which: from discontinued operation |
|
0 |
80 |
712 |
||
Cash outflows for investments in |
|
|
|
|
||
Intangible assets |
|
(7,973) |
(5,560) |
(7,551) |
||
Property, plant and equipment |
|
(11,198) |
(12,306) |
(16,563) |
||
Non-current financial assets |
|
(485) |
(326) |
(683) |
||
Payments for publicly funded investments in the broadband build-out |
|
(402) |
(338) |
(377) |
||
Proceeds from public funds for investments in the broadband build-out |
|
469 |
444 |
435 |
||
Changes in cash and cash equivalents in connection with the acquisition of control of subsidiaries and associates |
|
(357) |
(4) |
(52) |
||
Proceeds from disposal of |
|
|
|
|
||
Intangible assets |
|
46 |
95 |
3 |
||
Property, plant and equipment |
|
143 |
110 |
436 |
||
Non-current financial assets |
|
589 |
473 |
173 |
||
Changes in cash and cash equivalents in connection with the loss of control of subsidiaries and associates |
|
1 |
7,629 |
4,208 |
||
Net change in short-term investments and marketable securities and receivables |
|
273 |
(430) |
(2,335) |
||
Other |
|
(7) |
(1) |
1 |
||
Net cash (used in) from investing activities |
|
(18,900) |
(10,213) |
(22,306) |
||
Of which: from discontinued operation |
|
0 |
(17) |
(277) |
||
Proceeds from issue of current financial liabilities |
|
1,407 |
816 |
9,686 |
||
Repayment of current financial liabilities |
|
(9,622) |
(12,700) |
(15,528) |
||
Proceeds from issue of non-current financial liabilities |
|
9,638 |
10,973 |
4,534 |
||
Repayment of non-current financial liabilities |
|
0 |
(1,992) |
0 |
||
Dividend payments (including to other shareholders of subsidiaries) |
|
(5,592) |
(4,027) |
(3,385) |
||
Principal portion of repayment of lease liabilities |
|
(6,209) |
(5,904) |
(4,951) |
||
Deutsche Telekom AG share buy-back |
|
(1,974) |
0 |
0 |
||
Cash inflows from transactions with non-controlling entities |
|
3,600 |
30 |
29 |
||
Cash outflows from transactions with non-controlling entities |
|
(11,530) |
(12,730) |
(5,823) |
||
Net cash (used in) from financing activities |
|
(20,282) |
(25,534) |
(15,438) |
||
Of which: from discontinued operation |
|
0 |
(74) |
(192) |
||
Effect of exchange rate changes on cash and cash equivalents |
|
506 |
(68) |
93 |
||
Changes in cash and cash equivalents associated with non-current assets and disposal groups held for sale |
|
0 |
25 |
(18) |
||
Net increase (decrease) in cash and cash equivalents |
|
1,198 |
1,507 |
(1,850) |
||
Cash and cash equivalents, at the beginning of the year |
|
7,274 |
5,767 |
7,617 |
||
Cash and cash equivalents, at the end of the year |
|
8,472 |
7,274 |
5,767 |
||
|
||||||