D.25. Consolidated statement of cash flows
The consolidated statement of cash flows was prepared using the indirect method. Cash and cash equivalents include cash on hand, cash at banks, and checks. The effects of changes in the scope of consolidation were eliminated and reported in the cash flows from investing activities.
|
|
2023/24 |
|
2024/25 |
|---|---|---|---|---|
|
|
|
|
|
Depreciation, amortization, impairment/reversal |
|
1,072.4 |
|
888.0 |
Result from the sale of assets |
|
–14.0 |
|
–9.8 |
Changes in pensions and other employee obligations, non-current provisions, and deferred taxes |
|
0.8 |
|
15.4 |
Other non-cash expenses and income, deposits and disbursements not recognized in income statement |
|
2.5 |
|
26.0 |
|
|
1,061.7 |
|
919.6 |
|
|
|
|
|
In millions of euros |
||||
Cash flows from investing activities include inflows of cash and cash equivalents from acquisitions in the amount of EUR 0.0 million (2023/24: EUR 8.6 million) and outflows for acquisition costs in the amount of EUR 19.0 million (2023/24: EUR 28.5 million). The disposal of subsidiaries resulted in an outflow of cash and cash equivalents from cash flows from investing activities of EUR 0.0 million (2023/24: EUR 2.5 million) and in a cash inflow in the amount of EUR 0.0 million (2023/24: EUR 21.0 million). A payment of EUR 47.0 million was made in the current business year in connection with the divestment of a disposal group.
The cash flows and non-cash changes in financial liabilities are presented below:
|
|
Balance as of April 1 |
|
Cash flows |
|
Non-cash changes |
|
Balance as of March 31 |
||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
|
|
|
Increase in non-current financial liabilities |
|
Repayment of non-current financial liabilities (including current maturities of long-term debt) |
|
Repayment of lease liabilities |
|
Change in current financial liabilities and other financial liabilities |
|
Changes in the scope of consolidation |
|
Foreign exchange effects |
|
Reclassifications |
|
Reclassification of liabilities held for sale |
|
Other changes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial liabilities 2023/24 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-current financial liabilities |
|
1,944.2 |
|
251.7 |
|
–4.1 |
|
0.0 |
|
0.0 |
|
0.5 |
|
–0.6 |
|
–963.9 |
|
0.0 |
|
–14.4 |
|
1,213.4 |
Current financial liabilities |
|
785.4 |
|
0.0 |
|
–229.7 |
|
0.0 |
|
50.1 |
|
10.4 |
|
–6.5 |
|
963.9 |
|
–6.6 |
|
0.0 |
|
1,567.0 |
Non-current lease liabilities |
|
298.0 |
|
0.0 |
|
0.0 |
|
–2.7 |
|
–1.3 |
|
0.0 |
|
–0.5 |
|
–131.1 |
|
–0.4 |
|
84.3 |
|
246.3 |
Current lease liabilities |
|
51.1 |
|
0.0 |
|
0.0 |
|
–61.1 |
|
–0.4 |
|
0.0 |
|
–0.4 |
|
131.1 |
|
0.0 |
|
0.7 |
|
121.0 |
Total financial liabilities |
|
3,078.7 |
|
251.7 |
|
–233.8 |
|
–63.8 |
|
48.4 |
|
10.9 |
|
–8.0 |
|
0.0 |
|
–7.0 |
|
70.6 |
|
3,147.7 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Financial liabilities 2024/25 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Non-current financial liabilities |
|
1,213.3 |
|
651.2 |
|
–1.4 |
|
0.0 |
|
0.3 |
|
0.0 |
|
2.5 |
|
–213.8 |
|
0.0 |
|
4.3 |
|
1,656.4 |
Current financial liabilities |
|
1,567.0 |
|
0.0 |
|
–973.5 |
|
0.0 |
|
–28.8 |
|
5.5 |
|
0.0 |
|
213.8 |
|
0.0 |
|
0.0 |
|
784.0 |
Non-current lease liabilities |
|
246.4 |
|
0.0 |
|
0.0 |
|
–2.5 |
|
0.3 |
|
4.0 |
|
–0.3 |
|
–59.7 |
|
0.0 |
|
66.9 |
|
255.1 |
Current lease liabilities |
|
121.0 |
|
0.0 |
|
0.0 |
|
–124.0 |
|
0.0 |
|
0.0 |
|
–0.6 |
|
59.7 |
|
0.0 |
|
3.6 |
|
59.7 |
Total financial liabilities |
|
3,147.7 |
|
651.2 |
|
–974.9 |
|
–126.5 |
|
–28.2 |
|
9.5 |
|
1.6 |
|
0.0 |
|
0.0 |
|
74.8 |
|
2,755.2 |
|
|
7.0 |
|
0.0 |
|
0.0 |
|
–0.1 |
|
–6.6 |
|
0.0 |
|
0.0 |
|
0.0 |
|
0.0 |
|
–0.3 |
|
0.0 |
Total financial liabilities incl. liabilities held for sale |
|
3,154.7 |
|
651.2 |
|
–974.9 |
|
–126.6 |
|
–34.8 |
|
9.5 |
|
1.6 |
|
0.0 |
|
0.0 |
|
74.5 |
|
2,755.2 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
In millions of euros |
||||||||||||||||||||||
Additions to assets due to finance lease activities include non-cash investments in the amount of EUR 72.5 million (2023/24: EUR 90.3 million), reported under other changes in the table above. In the comparative period 2023/24 other changes also include the equity component of the convertible bond in the amount of EUR –18.8 million.
- From investing activities: outflow/inflow of liquid assets from investments/disinvestments;
- From operating activities: outflow/inflow of liquid assets not affected by investment, disinvestment, or financing activities.
- From financing activities: outflow/inflow of liquid assets from capital expenditures and capital contributions.