Financial performance on an artificial background

Financial Data

Statements of Cashflows


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✓ Audited

Consolidated Statements of Cash Flows of SAP Group for the Years Ended December 31
€ millionsNotes202420232022
Profit after tax13,1505,9641,708
Adjustments to reconcile profit after tax to net cash flow from operating activities:
(Profit) loss after tax from discontinued operations0−2,3631,359
Depreciation and amortization(D.2)–(D.4)1,2801,3731,569
Share-based payment expenses(B.3)2,3852,2201,431
Income tax expense(C.5)1,6141,7411,446
Financial income, net(C.4)−3984561,389
Decrease/increase in allowances on trade receivables30−1077
Other adjustments for non-cash items11023−175
Decrease/increase in trade and other receivables−247−393196
Decrease/increase in other assets−632−700−1,213
Increase/decrease in trade payables, provisions, and other liabilities603633154
Increase/decrease in contract liabilities869443643
Share-based payments(B.3)−1,282−1,091−1,180
Interest paid−550−393−244
Interest received563469156
Income taxes paid, net of refunds2−2,277−2,161−1,642
Net cash flows from operating activities – continuing operations5,2206,2105,675
Net cash flows from operating activities – discontinued operations(D.1)0122−29
Net cash flows from operating activities15,2206,3325,647
Cash flows for business combinations, net of cash and cash equivalents acquired−1,114−1,168−679
Proceeds from sales of subsidiaries or other businesses00289
Cash flows from derivative financial instruments related to the sale of subsidiaries or businesses0−910
Purchase of intangible assets and property, plant, and equipment−797−785−877
Proceeds from sales of intangible assets or property, plant, and equipment1229995
Purchase of equity or debt instruments of other entities−6,401−3,566−2,320
Proceeds from sales of equity or debt instruments of other entities7,5339074,190
Net cash flows from investing activities – continuing operations−656−4,603699
Net cash flows from investing activities – discontinued operations(D.1)05,510−32
Net cash flows from investing activities1−656906667
Dividends paid(E.2)−2,565−2,395−2,865
Dividends paid on non-controlling interests−1−13−12
Purchase of treasury shares(E.2)−2,106−949−1,500
Proceeds from borrowings(E.3)2,76713158
Repayments of borrowings(E.3)−1,185−4,081−1,445
Payments of lease liabilities−310−332−410
Transactions with non-controlling interests(E.2)−1100
Net cash flows from financing activities – continuing operations−3,412−7,758−6,074
Net cash flows from financing activities – discontinued operations(D.1)024−263
Net cash flows from financing activities1−3,412−7,734−6,337
Effect of foreign currency rates on cash and cash equivalents333−388134
Net decrease/increase in cash and cash equivalents1,485−883109
Cash and cash equivalents at the beginning of the period(E.3)8,1249,0088,898
Cash and cash equivalents at the end of the period(E.3)9,6098,1249,008

1From continuing and discontinued operations

2Total 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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