| € millions | Notes | 2021 | 2020 | 2019 |
|---|---|---|---|---|
| Cash flows from operating activities | Cash flows from operating activitiesNotes
|
Cash flows from operating activities2021
|
Cash flows from operating activities2020
|
Cash flows from operating activities2019
|
| 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 20214,597.1 |
Net profit attributable to owners of the company 20203,563.4 |
Net profit attributable to owners of the company 20193,750.0 |
| Non-controlling interests | Non-controlling interests Notes
|
Non-controlling interests 20215.1 |
Non-controlling interests 20204.2 |
Non-controlling interests 20195.2 |
| 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: 2021
|
Elimination of expenses and income with no impact on cash flows: 2020
|
Elimination of expenses and income with no impact on cash flows: 2019
|
| ● depreciation, amortisation, provisions and non-current tax liabilities | ● depreciation, amortisation, provisions and non-current tax liabilities Notes
|
● depreciation, amortisation, provisions and non-current tax liabilities 20211,781.0 |
● depreciation, amortisation, provisions and non-current tax liabilities 20202,028.1 |
● depreciation, amortisation, provisions and non-current tax liabilities 20191,958.3 |
| ● changes in deferred taxes | ● changes in deferred taxes Notes6.1 |
● changes in deferred taxes 202183.6 |
● changes in deferred taxes 2020-10.1 |
● changes in deferred taxes 2019-42.5 |
| ● share-based payment (including free shares) | ● share-based payment (including free shares) Notes5.5 |
● share-based payment (including free shares) 2021155.2 |
● share-based payment (including free shares) 2020129.7 |
● share-based payment (including free shares) 2019144.4 |
| ● 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 20210.5 |
● capital gains and losses on disposals of assets 20203.6 |
● capital gains and losses on disposals of assets 2019-14.0 |
| Other non-cash transactions | Other non-cash transactions Notes
|
Other non-cash transactions 202116.5 |
Other non-cash transactions 20205.8 |
Other non-cash transactions 20191.9 |
| 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 20211.3 |
Share of profit in associates net of dividends received 2020-0.6 |
Share of profit in associates net of dividends received 2019-1.0 |
| Gross cash flow | Gross cash flowNotes
|
Gross cash flow20216,640.4 | Gross cash flow20205,724.1 | Gross cash flow20195,802.3 |
| Changes in working capital | Changes in working capital Notes3.5 |
Changes in working capital 202188.0 |
Changes in working capital 2020729.2 |
Changes in working capital 2019460.5 |
| Net cash provided by operating activities (A) | Net cash provided by operating activities (A)Notes
|
Net cash provided by operating activities (A)20216,728.4 | Net cash provided by operating activities (A)20206,453.3 | Net cash provided by operating activities (A)20196,262.8 |
| Cash flows from investing activities | Cash flows from investing activitiesNotes
|
Cash flows from investing activities2021
|
Cash flows from investing activities2020
|
Cash flows from investing activities2019
|
| Purchases of tangible and intangible assets | Purchases of tangible and intangible assets Notes
|
Purchases of tangible and intangible assets 2021-1,075.2 |
Purchases of tangible and intangible assets 2020-972.4 |
Purchases of tangible and intangible assets 2019-1,231.0 |
| Disposals of tangible and intangible assets | Disposals of tangible and intangible assets Notes
|
Disposals of tangible and intangible assets 202114.5 |
Disposals of tangible and intangible assets 202026.6 |
Disposals of tangible and intangible assets 201916.6 |
| 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) 2021-117.3 |
Changes in other financial assets (including investments in non-consolidated companies) 2020-66.5 |
Changes in other financial assets (including investments in non-consolidated companies) 2019-65.9 |
| 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 2021-455.7 |
Effect of changes in the scope of consolidation 2020-1,626.8 |
Effect of changes in the scope of consolidation 2019-9.3 |
| Net cash from investing activities (B) | Net cash from investing activities (B)Notes
|
Net cash from investing activities (B)2021-1,633.7 | Net cash from investing activities (B)2020-2,639.1 | Net cash from investing activities (B)2019-1,289.6 |
| Cash flows from financing activities | Cash flows from financing activitiesNotes
|
Cash flows from financing activities2021
|
Cash flows from financing activities2020
|
Cash flows from financing activities2019
|
| Dividends paid | Dividends paid Notes
|
Dividends paid 2021-2,352.1 |
Dividends paid 2020-2,190.6 |
Dividends paid 2019-2,221.1 |
| Capital increase of the parent company | Capital increase of the parent company Notes
|
Capital increase of the parent company 20215.8 |
Capital increase of the parent company 2020129.7 |
Capital increase of the parent company 201960.0 |
| Disposal (acquisition) of Treasury shares | Disposal (acquisition) of Treasury shares Notes
|
Disposal (acquisition) of Treasury shares 2021-10,060.9 |
Disposal (acquisition) of Treasury shares 2020— |
Disposal (acquisition) of Treasury shares 2019-747.3 |
| Purchase of non-controlling interests | Purchase of non-controlling interests Notes
|
Purchase of non-controlling interests 2021— |
Purchase of non-controlling interests 2020— |
Purchase of non-controlling interests 2019— |
| Issuance (repayment) of short-term loans | Issuance (repayment) of short-term loans Notes
|
Issuance (repayment) of short-term loans 20213,939.4 |
Issuance (repayment) of short-term loans 2020-74.8 |
Issuance (repayment) of short-term loans 2019-354.9 |
| Issuance of long-term borrowings | Issuance of long-term borrowings Notes
|
Issuance of long-term borrowings 2021— |
Issuance of long-term borrowings 2020— |
Issuance of long-term borrowings 2019— |
| Repayment of long-term borrowings | Repayment of long-term borrowings Notes
|
Repayment of long-term borrowings 2021— |
Repayment of long-term borrowings 2020-3.6 |
Repayment of long-term borrowings 2019-0.6 |
| Repayment of lease debt | Repayment of lease debt Notes
|
Repayment of lease debt 2021-396.4 |
Repayment of lease debt 2020-451.8 |
Repayment of lease debt 2019-425.8 |
| Net cash from financing activities (C) | Net cash from financing activities (C)Notes
|
Net cash from financing activities (C)2021 - 8,864.2 |
Net cash from financing activities (C)2020 - 2,591.1 |
Net cash from financing activities (C)2019 - 3,689.6 |
| 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) 202177.4 |
Net effect of changes in exchange rates and fair value (D) 2020-103.2 |
Net effect of changes in exchange rates and fair value (D) 201910.5 |
| 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)2021 - 3,692.1 |
Change in cash and cash equivalents (A+B+C+D)20201,119.9 | Change in cash and cash equivalents (A+B+C+D)20191,294.0 |
| 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)20216,405.9 | Cash and cash equivalents at beginning of the year (E)20205,286.0 | Cash and cash equivalents at beginning of the year (E)20193,992.0 |
| 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)20212,713.8 | CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD (A+B+C+D+E)20206,405.9 | CASH AND CASH EQUIVALENTS AT THE END OF THE PERIOD (A+B+C+D+E)20195,286.0 |
Income tax paid totaled €1,258.3 million, €1,316.3 million and €1,534.3 million for 2021, 2020 and 2019, respectively. Interest paid (excluding interest on lease debts) amounted to €1.7 million, €32.4 million and €21.6 million for 2021, 2020 and 2019, respectively. Dividends received totalled €379.8 million, €372.5 million and €364.1 million in 2021, 2020 and 2019, respectively. These are included within the gross cash flow. Cash outflow relating to leases amounted to €513.1 million (of which €37.0 million related to paid interests on lease debts) €574.1 million (of which €44.7 million related to paid interests on lease debts) and €570.8 million (of which €54.4 million related to paid interests on lease debts) for 2021, 2020 and 2019 including leases that do not fall under the scope of IFRS 16.
