Consolidated statement of financial position
millions of € |
|
|
|
|
|
|
June 30, 2026 |
Dec. 31, 2025 |
Change |
Change |
June 30, 2025 |
|---|---|---|---|---|---|
Assets |
|
|
|
|
|
Current assets |
39,339 |
41,177 |
(1,838) |
(4.5) |
41,382 |
Cash and cash equivalents |
5,373 |
7,818 |
(2,445) |
(31.3) |
10,441 |
Trade receivables |
16,710 |
16,842 |
(133) |
(0.8) |
14,938 |
Contract assets |
3,135 |
3,138 |
(2) |
(0.1) |
2,801 |
Current recoverable income taxes |
751 |
495 |
256 |
51.7 |
387 |
Other financial assets |
4,283 |
4,584 |
(301) |
(6.6) |
4,730 |
Inventories |
2,872 |
2,866 |
6 |
0.2 |
2,334 |
Other assets |
2,531 |
2,284 |
248 |
10.8 |
2,359 |
Non-current assets and disposal groups held for sale |
3,684 |
3,150 |
534 |
17.0 |
3,391 |
Non-current assets |
252,005 |
248,592 |
3,413 |
1.4 |
240,129 |
Intangible assets |
136,808 |
133,650 |
3,157 |
2.4 |
130,686 |
Property, plant and equipment |
64,560 |
64,791 |
(232) |
(0.4) |
62,772 |
Right-of-use assets |
28,378 |
28,579 |
(201) |
(0.7) |
28,144 |
Capitalized contract costs |
4,144 |
3,936 |
208 |
5.3 |
3,583 |
Investments accounted for using the equity method |
11,052 |
11,087 |
(35) |
(0.3) |
9,031 |
Other financial assets |
4,085 |
3,973 |
112 |
2.8 |
3,186 |
Deferred tax assets |
671 |
660 |
12 |
1.8 |
915 |
Other assets |
2,307 |
1,916 |
391 |
20.4 |
1,812 |
Total assets |
291,344 |
289,769 |
1,575 |
0.5 |
281,511 |
Liabilities and shareholders’ equity |
|
|
|
|
|
Current liabilities |
38,075 |
36,848 |
1,227 |
3.3 |
36,826 |
Financial liabilities |
12,968 |
11,328 |
1,640 |
14.5 |
13,049 |
Lease liabilities |
5,723 |
5,744 |
(21) |
(0.4) |
5,229 |
Trade and other payables |
9,197 |
9,581 |
(384) |
(4.0) |
8,910 |
Income tax liabilities |
653 |
563 |
90 |
16.0 |
867 |
Other provisions |
3,382 |
3,762 |
(380) |
(10.1) |
2,712 |
Other liabilities |
3,578 |
3,298 |
280 |
8.5 |
3,712 |
Contract liabilities |
2,574 |
2,572 |
2 |
0.1 |
2,347 |
Liabilities directly associated with non-current assets and disposal groups |
0 |
0 |
0 |
n.a. |
0 |
Non-current liabilities |
164,486 |
160,689 |
3,797 |
2.4 |
154,951 |
Financial liabilities |
101,019 |
99,011 |
2,009 |
2.0 |
94,623 |
Lease liabilities |
30,330 |
30,640 |
(310) |
(1.0) |
30,324 |
Provisions for pensions and other employee benefits |
1,722 |
1,883 |
(161) |
(8.5) |
2,220 |
Other provisions |
4,296 |
4,157 |
140 |
3.4 |
4,178 |
Deferred tax liabilities |
24,548 |
22,291 |
2,257 |
10.1 |
21,319 |
Other liabilities |
1,578 |
1,633 |
(55) |
(3.4) |
1,288 |
Contract liabilities |
993 |
1,076 |
(83) |
(7.7) |
999 |
Liabilities |
202,561 |
197,538 |
5,024 |
2.5 |
191,777 |
Shareholders’ equity |
88,783 |
92,231 |
(3,448) |
(3.7) |
89,734 |
Issued capital |
12,415 |
12,557 |
(142) |
(1.1) |
12,765 |
Treasury shares |
(117) |
(172) |
55 |
32.0 |
(290) |
|
12,299 |
12,385 |
(87) |
(0.7) |
12,475 |
Capital reserves |
51,147 |
53,166 |
(2,019) |
(3.8) |
53,491 |
Retained earnings including carryforwards |
(7,253) |
(11,246) |
3,992 |
35.5 |
(10,200) |
Total other comprehensive income |
(444) |
(1,744) |
1,300 |
74.5 |
(2,318) |
Net profit (loss) |
4,493 |
9,609 |
(5,115) |
(53.2) |
5,460 |
Issued capital and reserves attributable to owners of the parent |
60,242 |
62,171 |
(1,929) |
(3.1) |
58,908 |
Non-controlling interests |
28,541 |
30,061 |
(1,520) |
(5.1) |
30,826 |
Total liabilities and shareholders’ equity |
291,344 |
289,769 |
1,575 |
0.5 |
281,511 |