| € millions | Notes | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Cash flows from operating activities | Cash flows from operating activitiesNotes
|
Cash flows from operating activities2023
|
Cash flows from operating activities2022
|
Cash flows from operating activities2021
|
| Net profit attributable to owners of the company | Net profit attributable to owners of the company Notes
|
Net profit attributable to owners of the company 20236,184.0 |
Net profit attributable to owners of the company 20225,706.6 |
Net profit attributable to owners of the company 20214,597.1 |
| Non-controlling interests | Non-controlling interests Notes
|
Non-controlling interests 20236.5 |
Non-controlling interests 20226.0 |
Non-controlling interests 20215.1 |
| Elimination of expenses and income with no impact on cash flows: | Elimination of expenses and income with no impact on cash flows: Notes
|
Elimination of expenses and income with no impact on cash flows: 2023
|
Elimination of expenses and income with no impact on cash flows: 2022
|
Elimination of expenses and income with no impact on cash flows: 2021
|
| depreciation, amortisation, provisions and non-current tax liabilities(1)Following the outcome of the dispute with the French Competition Authority, the reversal of the provision and the reversal of the debt for the same amount of €189.5 million were presented in operations without impact on cash flow. | depreciation, amortisation, provisions and non-current tax liabilities (1)Following the outcome of the dispute with the French Competition Authority, the reversal of the provision and the reversal of the debt for the same amount of €189.5 million were presented in operations without impact on cash flow.Notes
|
depreciation, amortisation, provisions and non-current tax liabilities (1)Following the outcome of the dispute with the French Competition Authority, the reversal of the provision and the reversal of the debt for the same amount of €189.5 million were presented in operations without impact on cash flow.20231,715.0 |
depreciation, amortisation, provisions and non-current tax liabilities (1)Following the outcome of the dispute with the French Competition Authority, the reversal of the provision and the reversal of the debt for the same amount of €189.5 million were presented in operations without impact on cash flow.20221,536.1 |
depreciation, amortisation, provisions and non-current tax liabilities (1)Following the outcome of the dispute with the French Competition Authority, the reversal of the provision and the reversal of the debt for the same amount of €189.5 million were presented in operations without impact on cash flow.20211,781.0 |
| changes in deferred taxes | changes in deferred taxes Notes6.1 |
changes in deferred taxes 2023-95.3 |
changes in deferred taxes 2022-96.5 |
changes in deferred taxes 202183.6 |
| share-based payment (including free shares) | share-based payment (including free shares) Notes5.5 |
share-based payment (including free shares) 2023168.5 |
share-based payment (including free shares) 2022169.0 |
share-based payment (including free shares) 2021155.2 |
| capital gains and losses on disposals of assets | capital gains and losses on disposals of assets Notes
|
capital gains and losses on disposals of assets 20236.9 |
capital gains and losses on disposals of assets 20227.6 |
capital gains and losses on disposals of assets 20210.5 |
| Other non-cash transactions | Other non-cash transactions Notes
|
Other non-cash transactions 202314.1 |
Other non-cash transactions 2022-38.7 |
Other non-cash transactions 202116.5 |
| Share of profit in associates net of dividends received | Share of profit in associates net of dividends received Notes
|
Share of profit in associates net of dividends received 2023-0.2 |
Share of profit in associates net of dividends received 2022-0.5 |
Share of profit in associates net of dividends received 20211.3 |
| Gross cash flow | Gross cash flowNotes
|
Gross cash flow20237,999.5 | Gross cash flow20227,289.6 | Gross cash flow20216,640.4 |
| Changes in working capital(1)Following the outcome of the dispute with the French Competition Authority, the reversal of the provision and the reversal of the debt for the same amount of €189.5 million were presented in operations without impact on cash flow. | Changes in working capital (1)Following the outcome of the dispute with the French Competition Authority, the reversal of the provision and the reversal of the debt for the same amount of €189.5 million were presented in operations without impact on cash flow.Notes3.5 |
Changes in working capital (1)Following the outcome of the dispute with the French Competition Authority, the reversal of the provision and the reversal of the debt for the same amount of €189.5 million were presented in operations without impact on cash flow.2023-394.9 |
Changes in working capital (1)Following the outcome of the dispute with the French Competition Authority, the reversal of the provision and the reversal of the debt for the same amount of €189.5 million were presented in operations without impact on cash flow.2022-1,011.3 |
Changes in working capital (1)Following the outcome of the dispute with the French Competition Authority, the reversal of the provision and the reversal of the debt for the same amount of €189.5 million were presented in operations without impact on cash flow.202188.0 |
| Net cash provided by operating activities (A) | Net cash provided by operating activities (A)Notes
|
Net cash provided by operating activities (A)20237,604.6 | Net cash provided by operating activities (A)20226,278.3 | Net cash provided by operating activities (A)20216,728.4 |
| Cash flows from investing activities | Cash flows from investing activitiesNotes
|
Cash flows from investing activities2023
|
Cash flows from investing activities2022
|
Cash flows from investing activities2021
|
| Purchases of property, plant and equipment and intangible assets | Purchases of property, plant and equipment and intangible assets Notes
|
Purchases of property, plant and equipment and intangible assets 2023-1,488.7 |
Purchases of property, plant and equipment and intangible assets 2022-1,343.2 |
Purchases of property, plant and equipment and intangible assets 2021-1,075.2 |
| Disposals of property, plant and equipment and intangible assets | Disposals of property, plant and equipment and intangible assets Notes
|
Disposals of property, plant and equipment and intangible assets 202312.8 |
Disposals of property, plant and equipment and intangible assets 20229.2 |
Disposals of property, plant and equipment and intangible assets 202114.5 |
| Changes in other financial assets (including investments in non-consolidated companies) | Changes in other financial assets (including investments in non-consolidated companies) Notes
|
Changes in other financial assets (including investments in non-consolidated companies) 2023-170.7 |
Changes in other financial assets (including investments in non-consolidated companies) 2022-142.8 |
Changes in other financial assets (including investments in non-consolidated companies) 2021-117.3 |
| Effect of changes in the scope of consolidation | Effect of changes in the scope of consolidation Notes2.2 |
Effect of changes in the scope of consolidation 2023-2,497.2 |
Effect of changes in the scope of consolidation 2022-746.9 |
Effect of changes in the scope of consolidation 2021-455.7 |
| Net cash from investing activities (B) | Net cash from investing activities (B)Notes
|
Net cash from investing activities (B)2023-4,143.7 | Net cash from investing activities (B)2022-2,223.8 | Net cash from investing activities (B)2021-1,633.7 |
| Cash flows from financing activities | Cash flows from financing activitiesNotes
|
Cash flows from financing activities2023
|
Cash flows from financing activities2022
|
Cash flows from financing activities2021
|
| Dividends paid | Dividends paid Notes
|
Dividends paid 2023-3,425.6 |
Dividends paid 2022-2,689.9 |
Dividends paid 2021-2,352.1 |
| Capital increase of the parent company | Capital increase of the parent company Notes
|
Capital increase of the parent company 20231.5 |
Capital increase of the parent company 2022103.2 |
Capital increase of the parent company 20215.8 |
| Disposal (acquisition) of Treasury shares | Disposal (acquisition) of Treasury shares Notes
|
Disposal (acquisition) of Treasury shares 2023-503.3 |
Disposal (acquisition) of Treasury shares 2022-502.3 |
Disposal (acquisition) of Treasury shares 2021-10,060.9 |
| Purchase of non-controlling interests | Purchase of non-controlling interests Notes
|
Purchase of non-controlling interests 2023— |
Purchase of non-controlling interests 2022— |
Purchase of non-controlling interests 2021— |
| Issuance (repayment) of short-term loans | Issuance (repayment) of short-term loans Notes
|
Issuance (repayment) of short-term loans 2023-823.7 |
Issuance (repayment) of short-term loans 2022-3,563.8 |
Issuance (repayment) of short-term loans 20213,939.4 |
| Issuance of long-term borrowings | Issuance of long-term borrowings Notes
|
Issuance of long-term borrowings 20233,567.1 |
Issuance of long-term borrowings 20223,019.9 |
Issuance of long-term borrowings 2021— |
| Repayment of long-term borrowings | Repayment of long-term borrowings Notes
|
Repayment of long-term borrowings 2023— |
Repayment of long-term borrowings 2022— |
Repayment of long-term borrowings 2021— |
| Repayment of lease debt | Repayment of lease debt Notes
|
Repayment of lease debt 2023-430.6 |
Repayment of lease debt 2022-446.9 |
Repayment of lease debt 2021-396.4 |
| Net cash from financing activities (C) | Net cash from financing activities (C)Notes
|
Net cash from financing activities (C)2023-1,614.6 | Net cash from financing activities (C)2022-4,079.9 | Net cash from financing activities (C)2021-8,864.2 |
| Net effect of changes in exchange rates and fair value (D) | Net effect of changes in exchange rates and fair value (D) Notes
|
Net effect of changes in exchange rates and fair value (D) 2023-175.9 |
Net effect of changes in exchange rates and fair value (D) 2022-70.7 |
Net effect of changes in exchange rates and fair value (D) 202177.4 |
| Change in cash and cash equivalents (A+B+C+D) | Change in cash and cash equivalents (A+B+C+D)Notes
|
Change in cash and cash equivalents (A+B+C+D)20231,670.4 | Change in cash and cash equivalents (A+B+C+D)2022-96.1 | Change in cash and cash equivalents (A+B+C+D)2021-3,692.1 |
| Cash and cash equivalents at beginning of the year (E) | Cash and cash equivalents at beginning of the year (E)Notes
|
Cash and cash equivalents at beginning of the year (E)20232,617.7 | Cash and cash equivalents at beginning of the year (E)20222,713.8 | Cash and cash equivalents at beginning of the year (E)20216,405.9 |
| CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD (A+B+C+D+E) | CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD (A+B+C+D+E)Notes9.2 | CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD (A+B+C+D+E)20234,288.1 | CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD (A+B+C+D+E)20222,617.7 | CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD (A+B+C+D+E)20212,713.8 |
Income tax paid totalled €1,995.7 million, €2,098.7 million and €1,258.3 million for 2023, 2022 and 2021, respectively.
Interest paid (excluding interest on lease debts) amounted to €184.9 million, €28.4 million and €1.7 million for 2023, 2022 and 2021, respectively.
Dividends received totalled €423.6 million, €471.8 million and €379.8 million in 2023, 2022 and 2021, respectively. These are included within the gross cash flow.
Cash outflow relating to leases amounted to €539.2 million (of which €43.8 million related to paid interests on lease debts) €570.3 million (of which €38.1 million related to paid interests on lease debts) and €513.1 million (of which €37.0 million related to paid interests on lease debts) for 2023, 2022 and 2021 including leases that do not fall under the scope of IFRS 16.
