Consolidated statement of cash flows
millions of € |
|
|
|
|
|
||
|---|---|---|---|---|---|---|---|
|
Q3 |
Q3 2020 |
Q1-Q3 2021 |
Q1-Q3 2020 |
FY |
||
Profit (loss) before income taxes |
1,974 |
2,116 |
7,011 |
5,501 |
8,677 |
||
Depreciation, amortization and impairment losses |
7,002 |
7,508 |
20,625 |
18,876 |
25,829 |
||
(Profit) loss from financial activities |
1,491 |
990 |
3,661 |
3,204 |
4,128 |
||
(Profit) loss on the disposal of fully consolidated subsidiaries |
32 |
0 |
(130) |
(9) |
(10) |
||
(Income) loss from the sale of stakes accounted for using the equity method |
(13) |
0 |
(13) |
0 |
0 |
||
Other non-cash transactions |
85 |
251 |
90 |
645 |
(857) |
||
(Gains) losses from the disposal of intangible assets and property, plant and equipment |
64 |
71 |
62 |
249 |
368 |
||
Change in assets carried as operating working capital |
(187) |
(859) |
249 |
(1,220) |
(2,702) |
||
Change in other operating assets |
378 |
(59) |
(164) |
(323) |
(509) |
||
Change in provisions |
131 |
134 |
(368) |
(128) |
20 |
||
Change in liabilities carried as operating working capital |
(43) |
(1,085) |
(1,173) |
(2,960) |
(2,108) |
||
Change in other operating liabilities |
(250) |
(145) |
147 |
38 |
(239) |
||
Income taxes received (paid) |
(262) |
(332) |
(618) |
(406) |
(690) |
||
Dividends received |
4 |
2 |
6 |
6 |
6 |
||
Net payments from entering into, canceling or changing the terms and conditions of interest rate derivatives |
(1) |
(17) |
(1) |
(2,207) |
(2,207) |
||
Cash generated from operations |
10,406 |
8,577 |
29,384 |
21,266 |
29,706 |
||
Interest paid |
(1,344) |
(1,388) |
(4,549) |
(5,782) |
(7,252) |
||
Interest received |
170 |
150 |
786 |
961 |
1,289 |
||
Net cash from operating activities |
9,233 |
7,338 |
25,620 |
16,445 |
23,743 |
||
Cash outflows for investments in |
|
|
|
|
|
||
Intangible assets |
(1,431) |
(1,098) |
(11,519) |
(4,154) |
(5,756) |
||
Property, plant and equipment |
(3,236) |
(3,665) |
(9,740) |
(8,726) |
(12,938) |
||
Non-current financial assets |
(83) |
(150) |
(259) |
(525) |
(566) |
||
Payments for publicly funded investments in the broadband build-out |
(114) |
(123) |
(294) |
(337) |
(507) |
||
Proceeds from public funds for investments in the broadband build-out |
99 |
76 |
202 |
152 |
431 |
||
Changes in cash and cash equivalents in connection with the acquisition of control of subsidiaries and associates |
(1,588) |
(1) |
(1,613) |
(4,649) |
(5,028) |
||
Proceeds from disposal of |
|
|
|
|
|
||
Intangible assets |
0 |
0 |
1 |
2 |
3 |
||
Property, plant and equipment |
24 |
48 |
129 |
175 |
233 |
||
Non-current financial assets |
54 |
13 |
244 |
86 |
112 |
||
Changes in cash and cash equivalents in connection with the loss of control of subsidiaries and associates |
202 |
1,085 |
347 |
1,106 |
1,094 |
||
Net change in short-term investments and marketable securities and receivables |
(307) |
(216) |
(185) |
1,574 |
273 |
||
Other |
0 |
(17) |
0 |
(6) |
(2) |
||
Net cash used in investing activities |
(6,380) |
(4,048) |
(22,687) |
(15,302) |
(22,649) |
||
Proceeds from issue of current financial liabilities |
(11) |
94 |
4,287 |
19,012 |
19,018 |
||
Repayment of current financial liabilities |
(4,856) |
(4,917) |
(15,960) |
(31,091) |
(34,939) |
||
Proceeds from issue of non-current financial liabilities |
1,703 |
0 |
10,278 |
26,113 |
34,131 |
||
Repayment of non-current financial liabilities |
0 |
0 |
0 |
(1,699) |
(1,699) |
||
Dividend payments (including to other shareholders of subsidiaries) |
(178) |
(193) |
(3,087) |
(3,067) |
(3,067) |
||
Principal portion of repayment of lease liabilities |
(2,180) |
(1,476) |
(5,215) |
(4,206) |
(5,371) |
||
Cash inflows from transactions with non-controlling entities |
1 |
23 |
12 |
47 |
53 |
||
Cash outflows from transactions with non-controlling entities |
(62) |
(103) |
(409) |
(448) |
(565) |
||
Other |
0 |
0 |
0 |
0 |
0 |
||
Net cash (used in) from financing activities |
(5,582) |
(6,573) |
(10,094) |
4,661 |
7,561 |
||
Effect of exchange rate changes on cash and cash equivalents |
136 |
(612) |
492 |
(556) |
(1,036) |
||
Changes in cash and cash equivalents associated with non-current assets and disposal groups held for sale |
69 |
0 |
68 |
0 |
(73) |
||
Net increase (decrease) in cash and cash equivalents |
(2,524) |
(3,895) |
(6,602) |
5,249 |
7,547 |
||
Cash and cash equivalents, at the beginning of the period |
8,861 |
14,537 |
12,939 |
5,393 |
5,393 |
||
Cash and cash equivalents, at the end of the period |
6,337 |
10,642 |
6,337 |
10,642 |
12,939 |
||
|
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