Consolidated statement of cash flows
millions of € |
|
|
|
|
|
|
|
|
Q1-Q3 |
Q1-Q3 |
Change |
Q3 2025 |
Q3 2024 |
Change |
FY 2024 |
|---|---|---|---|---|---|---|---|
Profit (loss) before income taxes |
15,799 |
14,656 |
1,143 |
4,586 |
5,691 |
(1,105) |
22,958 |
Depreciation, amortization and impairment losses |
17,694 |
17,900 |
(206) |
5,918 |
5,830 |
87 |
24,027 |
(Profit) loss from financial activities |
3,636 |
3,147 |
489 |
1,441 |
446 |
995 |
3,319 |
(Profit) loss on the disposal of fully consolidated subsidiaries |
(3) |
2 |
(5) |
0 |
2 |
(2) |
2 |
Other non-cash transactions |
904 |
1,029 |
(125) |
356 |
651 |
(296) |
(1,457) |
(Gains) losses from the disposal of intangible assets and property, plant and equipment |
12 |
(13) |
26 |
222 |
(27) |
248 |
(189) |
Change in assets carried as operating working capital |
(161) |
1,584 |
(1,745) |
(417) |
58 |
(475) |
941 |
Change in other operating assets |
(1,146) |
(278) |
(867) |
(183) |
242 |
(425) |
(259) |
Change in provisions |
(514) |
(949) |
435 |
281 |
18 |
263 |
(760) |
Change in liabilities carried as operating working capital |
759 |
(1,580) |
2,339 |
252 |
(421) |
673 |
(1,612) |
Change in other operating liabilities |
190 |
506 |
(316) |
(81) |
(26) |
(55) |
(24) |
Income taxes received (paid) |
(1,135) |
(1,062) |
(73) |
(391) |
(359) |
(32) |
(1,504) |
Dividends received |
8 |
6 |
2 |
4 |
3 |
2 |
9 |
Net payments from entering into, canceling or changing the terms and conditions of interest rate derivatives |
0 |
7 |
(7) |
0 |
0 |
0 |
7 |
Cash generated from operations |
36,044 |
34,955 |
1,089 |
11,988 |
12,107 |
(120) |
45,460 |
Interest paid |
(5,783) |
(6,016) |
233 |
(1,624) |
(1,787) |
162 |
(8,013) |
Interest received |
1,406 |
1,765 |
(359) |
364 |
489 |
(125) |
2,427 |
Net cash from operating activities |
31,666 |
30,703 |
963 |
10,728 |
10,810 |
(82) |
39,874 |
Cash outflows for investments in |
|
|
|
|
|
|
|
Intangible assets |
(5,754) |
(5,932) |
178 |
(2,399) |
(3,251) |
852 |
(7,973) |
Property, plant and equipment |
(8,832) |
(8,438) |
(394) |
(2,982) |
(2,542) |
(440) |
(11,198) |
Non-current financial assets |
(3,854) |
(391) |
(3,463) |
(2,746) |
(88) |
(2,658) |
(485) |
Payments for publicly funded investments in the broadband build-out |
(299) |
(291) |
(8) |
(123) |
(115) |
(8) |
(402) |
Proceeds from public funds for investments in the broadband build-out |
263 |
236 |
27 |
114 |
128 |
(15) |
469 |
Changes in cash and cash equivalents in connection with the acquisition of control of subsidiaries and associates |
(3,166) |
(368) |
(2,798) |
(2,453) |
(7) |
(2,446) |
(357) |
Proceeds from disposal of |
|
|
|
|
|
|
|
Intangible assets |
1,845 |
0 |
1,845 |
4 |
0 |
4 |
46 |
Property, plant and equipment |
127 |
95 |
32 |
61 |
33 |
28 |
143 |
Non-current financial assets |
236 |
365 |
(129) |
73 |
74 |
(1) |
589 |
Changes in cash and cash equivalents in connection with the loss of control of subsidiaries and associates |
53 |
2 |
51 |
6 |
5 |
1 |
1 |
Net change in short-term investments and marketable securities and receivables |
211 |
447 |
(236) |
105 |
5 |
100 |
273 |
Other |
(4) |
(7) |
3 |
(10) |
0 |
(10) |
(7) |
Net cash (used in) from investing activities |
(19,173) |
(14,281) |
(4,892) |
(10,349) |
(5,756) |
(4,593) |
(18,900) |
Proceeds from issue of current financial liabilities |
3,540 |
1,391 |
2,149 |
304 |
7 |
297 |
1,407 |
Repayment of current financial liabilities |
(8,912) |
(6,361) |
(2,551) |
(2,053) |
(532) |
(1,522) |
(9,622) |
Proceeds from issue of non-current financial liabilities |
9,428 |
8,333 |
1,095 |
556 |
2,392 |
(1,836) |
9,638 |
Repayment of non-current financial liabilities |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
Dividend payments (including to other shareholders of subsidiaries) |
(5,959) |
(5,118) |
(841) |
(561) |
(495) |
(65) |
(5,592) |
Principal portion of repayment of lease liabilities |
(4,370) |
(4,674) |
304 |
(1,443) |
(1,373) |
(70) |
(6,209) |
Deutsche Telekom AG share buy-back |
(1,476) |
(1,470) |
(6) |
(585) |
(537) |
(49) |
(1,974) |
Cash inflows from transactions with non-controlling entities |
1,080 |
3,599 |
(2,518) |
905 |
34 |
871 |
3,600 |
Cash outflows from transactions with non-controlling entities |
(7,359) |
(7,029) |
(330) |
(2,245) |
(571) |
(1,674) |
(11,530) |
Net cash (used in) from financing activities |
(14,027) |
(11,329) |
(2,698) |
(5,123) |
(1,076) |
(4,048) |
(20,282) |
Effect of exchange rate changes on cash and cash equivalents |
(1,172) |
(163) |
(1,010) |
70 |
(365) |
434 |
506 |
Changes in cash and cash equivalents associated with non-current assets and disposal groups held for sale |
(22) |
0 |
(22) |
(22) |
0 |
(22) |
0 |
Net increase (decrease) in cash and cash equivalents |
(2,728) |
4,930 |
(7,658) |
(4,697) |
3,613 |
(8,310) |
1,198 |
Cash and cash equivalents, at the beginning of the period |
8,472 |
7,274 |
1,198 |
10,441 |
8,591 |
1,850 |
7,274 |
Cash and cash equivalents, at the end of the period |
5,745 |
12,204 |
(6,460) |
5,745 |
12,204 |
(6,460) |
8,472 |