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Financial Data

Statements of Cashflows


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✓ Audited

Consolidated Statements of Cash Flows of SAP Group for the Years Ended December 31
€ millionsNotes202320222021
Profit after tax15,9641,7085,376
Adjustments to reconcile profit after tax to net cash flow from operating activities:
(Profit) loss after tax from discontinued operations−2,3631,3591,447
Depreciation and amortization(D.2)–(D.4)1,3731,5691,537
Share-based payment expenses(B.3)2,2201,4311,335
Income tax expense(C.5)1,7411,4461,682
Financial income, net(C.4)4561,389−2,178
Decrease/increase in allowances on trade receivables−1077−9
Other adjustments for non-cash items23−17515
Decrease/increase in trade and other receivables−393196497
Decrease/increase in other assets−700−1,213−645
Increase/decrease in trade payables, provisions, and other liabilities633154429
Increase/decrease in contract liabilities443643−59
Share-based payments(B.3)−1,091−1,180−1,056
Interest paid−393−244−198
Interest received46915656
Income taxes paid, net of refunds2−2,161−1,642−2,047
Net cash flows from operating activities – continuing operations6,2105,6756,182
Net cash flows from operating activities – discontinued operations(D.1)122−2941
Net cash flows from operating activities16,3325,6476,223
Cash flows for business combinations, net of cash and cash equivalents acquired−1,168−679−1,032
Proceeds from sales of subsidiaries or other businesses0289−72
Cash flows from derivative financial instruments related to the sale of subsidiaries or businesses−9100
Purchase of intangible assets and property, plant, and equipment−785−877−701
Proceeds from sales of intangible assets or property, plant, and equipment999589
Purchase of equity or debt instruments of other entities−3,566−2,320−4,368
Proceeds from sales of equity or debt instruments of other entities9074,1903,229
Net cash flows from investing activities – continuing operations−4,603699−2,856
Net cash flows from investing activities – discontinued operations(D.1)5,510−32−208
Net cash flows from investing activities1906667−3,063
Dividends paid(E.2)−2,395−2,865−2,182
Dividends paid on non-controlling interests−13−12−54
Purchase of treasury shares(E.2)−949−1,5000
Proceeds from borrowings(E.3)131581,680
Repayments of borrowings(E.3)−4,081−1,445−1,952
Payments of lease liabilities−332−410−375
Transactions with non-controlling interests(E.2)00−2
Net cash flows from financing activities – continuing operations−7,758−6,074−2,885
Net cash flows from financing activities – discontinued operations(D.1)24−2632,828
Net cash flows from financing activities1−7,734−6,337−56
Effect of foreign currency rates on cash and cash equivalents−388134484
Net decrease/increase in cash and cash equivalents−8831093,587
Cash and cash equivalents at the beginning of the period(E.3)9,0088,8985,311
Cash and cash equivalents at the end of the period(E.3)8,1249,0088,898

The accompanying Notes are an integral part of these Consolidated Financial Statements.

1 From continuing and discontinued operations

2 Total income taxes paid, net of refunds 2023: –€2,973 million thereof contained in the line item "Net cash flows from investing activities – discontinued operations": –€815 million.

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