€ million |
|
Q1 2025 |
|
Q1 2026 |
|---|---|---|---|---|
Income after income taxes |
|
1,304 |
|
2,767 |
Income taxes |
|
526 |
|
222 |
Financial result |
|
494 |
|
539 |
Income taxes paid |
|
(310) |
|
(260) |
Depreciation, amortization and impairment losses (loss reversals) |
|
1,174 |
|
1,254 |
Change in pension provisions |
|
(147) |
|
(161) |
(Gains) losses on retirements of noncurrent assets |
|
(15) |
|
(161) |
Decrease (increase) in inventories |
|
491 |
|
380 |
Decrease (increase) in trade accounts receivable |
|
(4,461) |
|
(3,577) |
(Decrease) increase in trade accounts payable |
|
(772) |
|
(555) |
Changes in other working capital, other noncash items |
|
701 |
|
(2,242) |
Net cash provided by (used in) operating activities |
|
(1,015) |
|
(1,794) |
Cash outflows for additions to property, plant, equipment and intangible assets |
|
(388) |
|
(411) |
Cash inflows from the sale of property, plant, equipment and other assets |
|
11 |
|
175 |
Cash inflows (outflows) from divestments less divested cash |
|
(1) |
|
– |
Cash inflows from noncurrent financial assets |
|
6 |
|
6 |
Cash outflows for noncurrent financial assets |
|
(58) |
|
(22) |
Cash outflows for acquisitions less acquired cash |
|
(203) |
|
(5) |
Interest and dividends received |
|
92 |
|
87 |
Cash inflows from (outflows for) current financial assets |
|
702 |
|
450 |
Net cash provided by (used in) investing activities |
|
161 |
|
280 |
Issuances of debt |
|
941 |
|
1,243 |
Retirements of debt |
|
(1,965) |
|
(513) |
Interest paid including interest-rate swaps |
|
(217) |
|
(202) |
Net cash provided by (used in) financing activities |
|
(1,241) |
|
528 |
Change in cash and cash equivalents due to business activities |
|
(2,095) |
|
(986) |
Cash and cash equivalents at beginning of period |
|
6,191 |
|
6,671 |
Change in cash and cash equivalents due to exchange rate movements |
|
(79) |
|
56 |
Effects from hyperinflation of cash flows |
|
(2) |
|
(13) |
Cash and cash equivalents at end of period |
|
4,015 |
|
5,728 |