Consolidated statement of cash flows
millions of € |
|
|
|
|
|
Q1 2025 |
Q1 2024 |
Change |
FY 2024 |
|---|---|---|---|---|
Profit (loss) before income taxes |
5,849 |
4,319 |
1,530 |
22,958 |
Depreciation, amortization and impairment losses |
6,013 |
6,074 |
(61) |
24,027 |
(Profit) loss from financial activities |
917 |
1,367 |
(450) |
3,319 |
(Profit) loss on the disposal of fully consolidated subsidiaries |
0 |
0 |
0 |
2 |
Other non-cash transactions |
329 |
129 |
200 |
(1,457) |
(Gains) losses from the disposal of intangible assets and property, plant and equipment |
(11) |
2 |
(13) |
(189) |
Change in assets carried as operating working capital |
113 |
1,274 |
(1,160) |
941 |
Change in other operating assets |
(546) |
(122) |
(424) |
(259) |
Change in provisions |
(562) |
(602) |
40 |
(760) |
Change in liabilities carried as operating working capital |
236 |
(1,348) |
1,584 |
(1,612) |
Change in other operating liabilities |
568 |
267 |
301 |
(24) |
Income taxes received (paid) |
(166) |
(323) |
158 |
(1,504) |
Dividends received |
1 |
0 |
0 |
9 |
Net payments from entering into, canceling or changing the terms and conditions of interest rate derivatives |
0 |
7 |
(7) |
7 |
Cash generated from operations |
12,741 |
11,044 |
1,697 |
45,460 |
Interest paid |
(2,027) |
(1,995) |
(33) |
(8,013) |
Interest received |
458 |
564 |
(106) |
2,427 |
Net cash from operating activities |
11,172 |
9,614 |
1,558 |
39,874 |
Cash outflows for investments in |
|
|
|
|
Intangible assets |
(1,289) |
(1,378) |
89 |
(7,973) |
Property, plant and equipment |
(3,191) |
(3,340) |
149 |
(11,198) |
Non-current financial assets |
(147) |
(114) |
(33) |
(485) |
Payments for publicly funded investments in the broadband build-out |
(90) |
(89) |
(1) |
(402) |
Proceeds from public funds for investments in the broadband build-out |
52 |
26 |
26 |
469 |
Changes in cash and cash equivalents in connection with the acquisition of control of subsidiaries and associates |
(700) |
0 |
(700) |
(357) |
Proceeds from disposal of |
|
|
|
|
Intangible assets |
1 |
0 |
1 |
46 |
Property, plant and equipment |
28 |
33 |
(5) |
143 |
Non-current financial assets |
16 |
21 |
(5) |
589 |
Changes in cash and cash equivalents in connection with the loss of control of subsidiaries and associates |
0 |
(5) |
4 |
1 |
Net change in short-term investments and marketable securities and receivables |
(20) |
215 |
(235) |
273 |
Other |
0 |
0 |
0 |
(7) |
Net cash (used in) from investing activities |
(5,341) |
(4,630) |
(710) |
(18,900) |
Proceeds from issue of current financial liabilities |
31 |
14 |
17 |
1,407 |
Repayment of current financial liabilities |
(766) |
(1,366) |
601 |
(9,622) |
Proceeds from issue of non-current financial liabilities |
8,871 |
3,966 |
4,906 |
9,638 |
Repayment of non-current financial liabilities |
0 |
0 |
0 |
0 |
Dividend payments (including to other shareholders of subsidiaries) |
(449) |
(350) |
(99) |
(5,592) |
Principal portion of repayment of lease liabilities |
(1,511) |
(1,579) |
67 |
(6,209) |
Deutsche Telekom AG share buy-back |
(418) |
(452) |
34 |
(1,974) |
Cash inflows from transactions with non-controlling entities |
9 |
1,722 |
(1,713) |
3,600 |
Cash outflows from transactions with non-controlling entities |
(2,671) |
(3,505) |
834 |
(11,530) |
Net cash (used in) from financing activities |
3,095 |
(1,552) |
4,647 |
(20,282) |
Effect of exchange rate changes on cash and cash equivalents |
(389) |
121 |
(510) |
506 |
Changes in cash and cash equivalents associated with non-current assets and disposal groups held for sale |
(2) |
0 |
(2) |
0 |
Net increase (decrease) in cash and cash equivalents |
8,536 |
3,553 |
4,983 |
1,198 |
Cash and cash equivalents, at the beginning of the period |
8,472 |
7,274 |
1,198 |
7,274 |
Cash and cash equivalents, at the end of the period |
17,008 |
10,827 |
6,181 |
8,472 |