Consolidated statement of cash flows
millions of € |
|
|
|
|
||
|---|---|---|---|---|---|---|
|
Q1 2024 |
Q1 2023 |
Change |
FY 2023 |
||
Profit (loss) before income taxes |
4,319 |
16,685 |
(12,366) |
24,957 |
||
Depreciation, amortization and impairment losses |
6,074 |
6,030 |
44 |
23,975 |
||
(Profit) loss from financial activities |
1,367 |
1,331 |
36 |
8,845 |
||
(Profit) loss on the disposal of fully consolidated subsidiaries |
0 |
(12,928) |
12,928 |
(12,927) |
||
(Income) loss from the sale of stakes accounted for using the equity method |
0 |
(15) |
15 |
(235) |
||
Other non-cash transactions |
129 |
232 |
(103) |
543 |
||
(Gains) losses from the disposal of intangible assets and property, plant and equipment |
2 |
(7) |
9 |
43 |
||
Change in assets carried as operating working capital |
1,274 |
729 |
545 |
720 |
||
Change in other operating assets |
(122) |
(578) |
456 |
(611) |
||
Change in provisions |
(602) |
(467) |
(135) |
(821) |
||
Change in liabilities carried as operating working capital |
(1,348) |
(360) |
(988) |
(500) |
||
Change in other operating liabilities |
267 |
501 |
(234) |
212 |
||
Income taxes received (paid) |
(323) |
(169) |
(154) |
(1,312) |
||
Dividends received |
0 |
0 |
0 |
31 |
||
Net payments from entering into, canceling or changing the terms and conditions of interest rate derivatives |
7 |
(31) |
38 |
(94) |
||
Cash generated from operations |
11,044 |
10,952 |
92 |
42,826 |
||
Interest paid |
(1,995) |
(1,802) |
(193) |
(7,729) |
||
Interest received |
564 |
407 |
157 |
2,201 |
||
Net cash from operating activities |
9,614 |
9,558 |
56 |
37,298 |
||
Of which: from discontinued operation |
0 |
80 |
(80) |
80 |
||
Cash outflows for investments in |
|
|
|
|
||
Intangible assets |
(1,378) |
(1,187) |
(191) |
(5,560) |
||
Property, plant and equipment |
(3,340) |
(3,639) |
299 |
(12,306) |
||
Non-current financial assets |
(114) |
(158) |
44 |
(326) |
||
Payments for publicly funded investments in the broadband build-out |
(89) |
(66) |
(23) |
(338) |
||
Proceeds from public funds for investments in the broadband build-out |
26 |
51 |
(25) |
444 |
||
Changes in cash and cash equivalents in connection with the acquisition of control of subsidiaries and associates |
0 |
0 |
0 |
(4) |
||
Proceeds from disposal of |
|
|
|
|
||
Intangible assets |
0 |
0 |
0 |
95 |
||
Property, plant and equipment |
33 |
23 |
10 |
110 |
||
Non-current financial assets |
21 |
36 |
(15) |
473 |
||
Changes in cash and cash equivalents in connection with the loss of control of subsidiaries and associates |
(5) |
7,608 |
(7,613) |
7,629 |
||
Net change in short-term investments and marketable securities and receivables |
215 |
(664) |
879 |
(430) |
||
Other |
0 |
0 |
0 |
(1) |
||
Net cash (used in) from investing activities |
(4,630) |
2,005 |
(6,635) |
(10,213) |
||
Of which: from discontinued operation |
0 |
(17) |
17 |
(17) |
||
Proceeds from issue of current financial liabilities |
14 |
770 |
(756) |
816 |
||
Repayment of current financial liabilities |
(1,366) |
(4,992) |
3,626 |
(12,700) |
||
Proceeds from issue of non-current financial liabilities |
3,966 |
5,888 |
(1,922) |
10,973 |
||
Repayment of non-current financial liabilities |
0 |
(1,976) |
1,976 |
(1,992) |
||
Dividend payments (including to other shareholders of subsidiaries) |
(350) |
(5) |
(345) |
(4,027) |
||
Principal portion of repayment of lease liabilities |
(1,579) |
(1,529) |
(50) |
(5,904) |
||
Deutsche Telekom AG share buy-back |
(452) |
0 |
(452) |
0 |
||
Cash inflows from transactions with non-controlling entities |
1,722 |
5 |
1,717 |
30 |
||
Cash outflows from transactions with non-controlling entities |
(3,505) |
(4,502) |
997 |
(12,730) |
||
Net cash (used in) from financing activities |
(1,552) |
(6,340) |
4,788 |
(25,534) |
||
Of which: from discontinued operation |
0 |
(74) |
74 |
(74) |
||
Effect of exchange rate changes on cash and cash equivalents |
121 |
(74) |
195 |
(68) |
||
Changes in cash and cash equivalents associated with non-current assets and disposal groups held for sale |
0 |
(3) |
3 |
25 |
||
Net increase (decrease) in cash and cash equivalents |
3,553 |
5,146 |
(1,593) |
1,507 |
||
Cash and cash equivalents, at the beginning of the period |
7,274 |
5,767 |
1,507 |
5,767 |
||
Cash and cash equivalents, at the end of the period |
10,827 |
10,913 |
(86) |
7,274 |
||
|
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