| € millions | Notes | 2022 | 2021 | 2020 |
|---|---|---|---|---|
| Cash flows from operating activities | Cash flows from operating activitiesNotes
|
Cash flows from operating activities2022
|
Cash flows from operating activities2021
|
Cash flows from operating activities2020
|
| Net profit attributable to owners of the company | Net profit attributable to owners of the company Notes
|
Net profit attributable to owners of the company 20225,706.6 |
Net profit attributable to owners of the company 20214,597.1 |
Net profit attributable to owners of the company 20203,563.4 |
| Non-controlling interests | Non-controlling interests Notes
|
Non-controlling interests 20226.0 |
Non-controlling interests 20215.1 |
Non-controlling interests 20204.2 |
| Elimination of expenses and income with no impact on cash flows: | Elimination of expenses and income with no impact on cash flows: Notes
|
Elimination of expenses and income with no impact on cash flows: 2022
|
Elimination of expenses and income with no impact on cash flows: 2021
|
Elimination of expenses and income with no impact on cash flows: 2020
|
| ● depreciation, amortisation, provisions and non-current tax liabilities | ● depreciation, amortisation, provisions and non-current tax liabilities Notes
|
● depreciation, amortisation, provisions and non-current tax liabilities 20221,536.1 |
● depreciation, amortisation, provisions and non-current tax liabilities 20211,781.0 |
● depreciation, amortisation, provisions and non-current tax liabilities 20202,028.1 |
| ● changes in deferred taxes | ● changes in deferred taxes Notes6.1 |
● changes in deferred taxes 2022-96.5 |
● changes in deferred taxes 202183.6 |
● changes in deferred taxes 2020-10.1 |
| ● share-based payment (including free shares) | ● share-based payment (including free shares) Notes5.5 |
● share-based payment (including free shares) 2022169.0 |
● share-based payment (including free shares) 2021155.2 |
● share-based payment (including free shares) 2020129.7 |
| ● capital gains and losses on disposals of assets | ● capital gains and losses on disposals of assets Notes
|
● capital gains and losses on disposals of assets 20227.6 |
● capital gains and losses on disposals of assets 20210.5 |
● capital gains and losses on disposals of assets 20203.6 |
| Other non-cash transactions | Other non-cash transactions Notes
|
Other non-cash transactions 2022-38.7 |
Other non-cash transactions 202116.5 |
Other non-cash transactions 20205.8 |
| Share of profit in associates net of dividends received | Share of profit in associates net of dividends received Notes
|
Share of profit in associates net of dividends received 2022-0.5 |
Share of profit in associates net of dividends received 20211.3 |
Share of profit in associates net of dividends received 2020-0.6 |
| Gross cash flow | Gross cash flowNotes
|
Gross cash flow20227,289.6 | Gross cash flow20216,640.4 | Gross cash flow20205,724.1 |
| Changes in working capital | Changes in working capital Notes3.5 |
Changes in working capital 2022-1,011.3 |
Changes in working capital 202188.0 |
Changes in working capital 2020729.2 |
| Net cash provided by operating activities (A) | Net cash provided by operating activities (A)Notes
|
Net cash provided by operating activities (A)20226,278.3 | Net cash provided by operating activities (A)20216,728.4 | Net cash provided by operating activities (A)20206,453.3 |
| Cash flows from investing activities | Cash flows from investing activitiesNotes
|
Cash flows from investing activities2022
|
Cash flows from investing activities2021
|
Cash flows from investing activities2020
|
| Purchases of property, plant and equipment and intangible assets | Purchases of property, plant and equipment and intangible assets Notes
|
Purchases of property, plant and equipment and intangible assets 2022-1,343.2 |
Purchases of property, plant and equipment and intangible assets 2021-1,075.2 |
Purchases of property, plant and equipment and intangible assets 2020-972.4 |
| Disposals of property, plant and equipment and intangible assets | Disposals of property, plant and equipment and intangible assets Notes
|
Disposals of property, plant and equipment and intangible assets 20229.2 |
Disposals of property, plant and equipment and intangible assets 202114.5 |
Disposals of property, plant and equipment and intangible assets 202026.6 |
| Changes in other financial assets (including investments in non-consolidated companies) | Changes in other financial assets (including investments in non-consolidated companies) Notes
|
Changes in other financial assets (including investments in non-consolidated companies) 2022-142.8 |
Changes in other financial assets (including investments in non-consolidated companies) 2021-117.3 |
Changes in other financial assets (including investments in non-consolidated companies) 2020-66.5 |
| Effect of changes in the scope of consolidation | Effect of changes in the scope of consolidation Notes2.2 |
Effect of changes in the scope of consolidation 2022-746.9 |
Effect of changes in the scope of consolidation 2021-455.7 |
Effect of changes in the scope of consolidation 2020-1,626.8 |
| Net cash from investing activities (B) | Net cash from investing activities (B)Notes
|
Net cash from investing activities (B)2022-2,223.8 | Net cash from investing activities (B)2021-1,633.7 | Net cash from investing activities (B)2020-2,639.1 |
| Cash flows from financing activities | Cash flows from financing activitiesNotes
|
Cash flows from financing activities2022
|
Cash flows from financing activities2021
|
Cash flows from financing activities2020
|
| Dividends paid | Dividends paid Notes
|
Dividends paid 2022-2,689.9 |
Dividends paid 2021-2,352.1 |
Dividends paid 2020-2,190.6 |
| Capital increase of the parent company | Capital increase of the parent company Notes
|
Capital increase of the parent company 2022103.2 |
Capital increase of the parent company 20215.8 |
Capital increase of the parent company 2020129.7 |
| Disposal (acquisition) of Treasury shares | Disposal (acquisition) of Treasury shares Notes
|
Disposal (acquisition) of Treasury shares 2022-502.3 |
Disposal (acquisition) of Treasury shares 2021-10,060.9 |
Disposal (acquisition) of Treasury shares 2020— |
| Purchase of non-controlling interests | Purchase of non-controlling interests Notes
|
Purchase of non-controlling interests 2022— |
Purchase of non-controlling interests 2021— |
Purchase of non-controlling interests 2020— |
| Issuance (repayment) of short-term loans | Issuance (repayment) of short-term loans Notes
|
Issuance (repayment) of short-term loans 2022-3,563.8 |
Issuance (repayment) of short-term loans 20213,939.4 |
Issuance (repayment) of short-term loans 2020-74.8 |
| Issuance of long-term borrowings | Issuance of long-term borrowings Notes
|
Issuance of long-term borrowings 20223,019.9 |
Issuance of long-term borrowings 2021— |
Issuance of long-term borrowings 2020— |
| Repayment of long-term borrowings | Repayment of long-term borrowings Notes
|
Repayment of long-term borrowings 2022— |
Repayment of long-term borrowings 2021— |
Repayment of long-term borrowings 2020-3.6 |
| Repayment of lease debt | Repayment of lease debt Notes
|
Repayment of lease debt 2022-446.9 |
Repayment of lease debt 2021-396.4 |
Repayment of lease debt 2020-451.8 |
| Net cash from financing activities (C) | Net cash from financing activities (C)Notes
|
Net cash from financing activities (C)2022-4,079.9 | Net cash from financing activities (C)2021-8,864.2 | Net cash from financing activities (C)2020-2,591.1 |
| Net effect of changes in exchange rates and fair value (D) | Net effect of changes in exchange rates and fair value (D) Notes
|
Net effect of changes in exchange rates and fair value (D) 2022-70.7 |
Net effect of changes in exchange rates and fair value (D) 202177.4 |
Net effect of changes in exchange rates and fair value (D) 2020-103.2 |
| Change in cash and cash equivalents (A+B+C+D) | Change in cash and cash equivalents (A+B+C+D)Notes
|
Change in cash and cash equivalents (A+B+C+D)2022-96.1 | Change in cash and cash equivalents (A+B+C+D)2021-3,692.1 | Change in cash and cash equivalents (A+B+C+D)20201,119.9 |
| Cash and cash equivalents at beginning of the year (E) | Cash and cash equivalents at beginning of the year (E)Notes
|
Cash and cash equivalents at beginning of the year (E)20222,713.8 | Cash and cash equivalents at beginning of the year (E)20216,405.9 | Cash and cash equivalents at beginning of the year (E)20205,286.0 |
| CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD (A+B+C+D+E) | CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD (A+B+C+D+E)Notes9.2 | CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD (A+B+C+D+E)20222,617.7 | CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD (A+B+C+D+E)20212,713.8 | CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD (A+B+C+D+E)20206,405.9 |
Income tax paid totalled €2,098.7 million, €1,258.3 million and €1,316.3 million for 2022, 2021 and 2020, respectively.
Interest paid (excluding interest on lease debts) amounted to €28.4 million, €1.7 million and €32.4 million for 2022, 2021 and 2020, respectively.
Dividends received totalled €471.8 million, €379.8 million and €372.5 million in 2022, 2021 and 2020, respectively. These are included within the gross cash flow.
Cash outflow relating to leases amounted to €570.3 million (of which €38.1 million related to paid interests on lease debts) €513.1 million (of which €37.0 million related to paid interests on lease debts) and €574.1 million (of which €44.7 million related to paid interests on lease debts) for 2022, 2021 and 2020 including leases that do not fall under the scope of IFRS 16.
