€ million |
|
Q2 2025 |
|
Q2 2026 |
|
H1 2025 |
|
H1 2026 |
|---|---|---|---|---|---|---|---|---|
Income after income taxes |
|
(190) |
|
229 |
|
1,114 |
|
2,996 |
Income taxes |
|
(236) |
|
92 |
|
290 |
|
314 |
Financial result |
|
439 |
|
506 |
|
933 |
|
1,045 |
Income taxes paid |
|
(304) |
|
(330) |
|
(614) |
|
(590) |
Depreciation, amortization and impairment losses (loss reversals) |
|
272 |
|
1,158 |
|
1,446 |
|
2,412 |
Change in pension provisions |
|
(138) |
|
(142) |
|
(285) |
|
(303) |
(Gains) losses on retirements of noncurrent assets |
|
(230) |
|
(14) |
|
(245) |
|
(175) |
Decrease (increase) in inventories |
|
176 |
|
100 |
|
667 |
|
480 |
Decrease (increase) in trade accounts receivable |
|
(127) |
|
162 |
|
(4,588) |
|
(3,415) |
(Decrease) increase in trade accounts payable |
|
(219) |
|
(45) |
|
(991) |
|
(600) |
Changes in other working capital, other noncash items |
|
1,615 |
|
(1,026) |
|
2,316 |
|
(3,268) |
Net cash provided by (used in) operating activities |
|
1,058 |
|
690 |
|
43 |
|
(1,104) |
Cash outflows for additions to property, plant, equipment and intangible assets |
|
(465) |
|
(660) |
|
(853) |
|
(1,071) |
Cash inflows from the sale of property, plant, equipment and other assets |
|
92 |
|
44 |
|
103 |
|
219 |
Cash inflows from (outflows for) divestments less divested cash |
|
– |
|
– |
|
(1) |
|
– |
Cash inflows from noncurrent financial assets |
|
10 |
|
4 |
|
16 |
|
10 |
Cash outflows for noncurrent financial assets |
|
(53) |
|
(41) |
|
(111) |
|
(63) |
Cash outflows for (inflows from) acquisitions less acquired cash |
|
6 |
|
(295) |
|
(197) |
|
(300) |
Interest and dividends received |
|
61 |
|
68 |
|
153 |
|
155 |
Cash inflows from (outflows for) current financial assets |
|
503 |
|
173 |
|
1,205 |
|
623 |
Net cash provided by (used in) investing activities |
|
154 |
|
(707) |
|
315 |
|
(427) |
Dividend payments |
|
(108) |
|
(112) |
|
(108) |
|
(112) |
Issuances of debt |
|
1,554 |
|
1,944 |
|
2,495 |
|
3,187 |
Retirements of debt |
|
(1,399) |
|
(2,840) |
|
(3,364) |
|
(3,353) |
Interest paid including interest-rate swaps |
|
(529) |
|
(469) |
|
(746) |
|
(671) |
Net cash provided by (used in) financing activities |
|
(482) |
|
(1,477) |
|
(1,723) |
|
(949) |
Change in cash and cash equivalents due to business activities |
|
730 |
|
(1,494) |
|
(1,365) |
|
(2,480) |
Cash and cash equivalents at beginning of period |
|
4,015 |
|
5,728 |
|
6,191 |
|
6,671 |
Change in cash and cash equivalents due to exchange rate movements |
|
(186) |
|
48 |
|
(265) |
|
104 |
Effects from hyperinflation of cash flows |
|
(2) |
|
7 |
|
(4) |
|
(6) |
Cash and cash equivalents at end of period |
|
4,557 |
|
4,289 |
|
4,557 |
|
4,289 |