Consolidated statement of financial position
millions of € |
|
|
|
|
|
|
Mar. 31, 2026 |
Dec. 31, 2025 |
Change |
Change |
Mar. 31, 2025 |
|---|---|---|---|---|---|
Assets |
|
|
|
|
|
Current assets |
42,736 |
41,177 |
1,558 |
3.8 |
47,820 |
Cash and cash equivalents |
8,887 |
7,818 |
1,069 |
13.7 |
17,008 |
Trade receivables |
16,751 |
16,842 |
(91) |
(0.5) |
15,868 |
Contract assets |
3,168 |
3,138 |
30 |
1.0 |
2,725 |
Current recoverable income taxes |
454 |
495 |
(41) |
(8.3) |
426 |
Other financial assets |
4,215 |
4,584 |
(369) |
(8.0) |
4,643 |
Inventories |
2,891 |
2,866 |
26 |
0.9 |
2,674 |
Other assets |
2,698 |
2,284 |
414 |
18.1 |
2,338 |
Non-current assets and disposal groups held for sale |
3,670 |
3,150 |
520 |
16.5 |
2,140 |
Non-current assets |
250,765 |
248,592 |
2,173 |
0.9 |
257,160 |
Intangible assets |
135,310 |
133,650 |
1,660 |
1.2 |
142,654 |
Property, plant and equipment |
64,536 |
64,791 |
(255) |
(0.4) |
65,075 |
Right-of-use assets |
28,424 |
28,579 |
(155) |
(0.5) |
30,478 |
Capitalized contract costs |
4,054 |
3,936 |
117 |
3.0 |
3,650 |
Investments accounted for using the equity method |
11,241 |
11,087 |
154 |
1.4 |
8,015 |
Other financial assets |
4,101 |
3,973 |
128 |
3.2 |
3,023 |
Deferred tax assets |
673 |
660 |
13 |
2.0 |
2,608 |
Other assets |
2,427 |
1,916 |
511 |
26.7 |
1,656 |
Total assets |
293,500 |
289,769 |
3,731 |
1.3 |
304,980 |
Liabilities and shareholders’ equity |
|
|
|
|
|
Current liabilities |
36,216 |
36,848 |
(632) |
(1.7) |
38,844 |
Financial liabilities |
10,282 |
11,328 |
(1,046) |
(9.2) |
13,969 |
Lease liabilities |
5,660 |
5,744 |
(84) |
(1.5) |
5,491 |
Trade and other payables |
9,418 |
9,581 |
(164) |
(1.7) |
8,854 |
Income tax liabilities |
754 |
563 |
190 |
33.8 |
1,019 |
Other provisions |
3,758 |
3,762 |
(3) |
(0.1) |
3,032 |
Other liabilities |
3,676 |
3,298 |
378 |
11.5 |
3,974 |
Contract liabilities |
2,668 |
2,572 |
96 |
3.7 |
2,499 |
Liabilities directly associated with non-current assets and disposal groups held for sale |
0 |
0 |
0 |
n.a. |
5 |
Non-current liabilities |
165,257 |
160,689 |
4,568 |
2.8 |
168,361 |
Financial liabilities |
102,520 |
99,011 |
3,509 |
3.5 |
102,880 |
Lease liabilities |
30,507 |
30,640 |
(133) |
(0.4) |
32,805 |
Provisions for pensions and other employee benefits |
1,825 |
1,883 |
(58) |
(3.1) |
2,595 |
Other provisions |
4,211 |
4,157 |
54 |
1.3 |
4,213 |
Deferred tax liabilities |
23,488 |
22,291 |
1,197 |
5.4 |
23,619 |
Other liabilities |
1,649 |
1,633 |
16 |
1.0 |
1,226 |
Contract liabilities |
1,059 |
1,076 |
(17) |
(1.5) |
1,022 |
Liabilities |
201,473 |
197,538 |
3,935 |
2.0 |
207,205 |
Shareholders’ equity |
92,028 |
92,231 |
(204) |
(0.2) |
97,776 |
Issued capital |
12,557 |
12,557 |
0 |
0.0 |
12,765 |
Treasury shares |
(212) |
(172) |
(40) |
(23.2) |
(253) |
|
12,345 |
12,385 |
(40) |
(0.3) |
12,512 |
Capital reserves |
51,634 |
53,166 |
(1,532) |
(2.9) |
54,151 |
Retained earnings including carryforwards |
(1,675) |
(11,246) |
9,571 |
85.1 |
(5,719) |
Total other comprehensive income |
(1,060) |
(1,744) |
684 |
39.2 |
290 |
Net profit (loss) |
2,043 |
9,609 |
(7,566) |
(78.7) |
2,845 |
Issued capital and reserves attributable to owners of the parent |
63,288 |
62,171 |
1,117 |
1.8 |
64,079 |
Non-controlling interests |
28,740 |
30,061 |
(1,321) |
(4.4) |
33,697 |
Total liabilities and shareholders’ equity |
293,500 |
289,769 |
3,731 |
1.3 |
304,980 |