Consolidated Cash Flow Statement

in EUR m

 

2021

 

2020

Net income

 

442

 

252

Income taxes

 

165

 

118

Financial result

 

–54

 

183

Depreciation, amortization and impairments of other intangible assets and property, plant and equipment

 

251

 

248

Consumption of programming assets incl. change in provisions for onerous contracts

 

995

 

966

Change in provisions

 

27

 

25

Gain/loss on the sale of assets

 

9

 

–143

Other non-cash income/expenses

 

–4

 

–4

Change in working capital

 

–18

 

–39

Dividends received

 

5

 

7

Income tax paid

 

–221

 

–41

Interest paid

 

–60

 

–67

Interest received

 

1

 

6

Cash flow from operating activities

 

1,539

 

1,511

Proceeds from disposal of non-current assets

 

74

 

78

Payments for the acquisition of other intangible assets and property, plant and equipment

 

–218

 

–234

Payments for investments including investments accounted for using the equity method

 

–83

 

–81

Payments for the acquisition of programming assets

 

–1,060

 

–1,063

Payments for the issuance of loan receivables

 

–1

 

Proceeds from the repayment of loan receivables

 

1

 

1

Payments for obtaining control of subsidiaries or other businesses (net of cash and cash equivalents acquired)

 

–25

 

–397

Proceeds from losing control of subsidiaries or other businesses (net of cash and cash equivalents disposed of)

 

63

 

305

Cash flow from investing activities

 

–1,249

 

-1391

Dividend paid

 

–111

 

Repayment of financial liabilities

 

–1,681

 

–386

Proceeds from issuance of financial liabilities

 

956

 

375

Repayment of lease liabilities

 

–42

 

–39

Payments for transactions with non-controlling interests

 

–37

 

–1

Proceeds from non-controlling interests

 

 

261

Payments in connection with refinancing measures

 

–1

 

Dividend payments to non-controlling interests

 

–23

 

–5

Cash flow from financing activities

 

–940

 

205

Effect of foreign exchange rate changes on cash and cash equivalents

 

20

 

–50

Change in cash and cash equivalents

 

–630

 

274

Cash and cash equivalents at beginning of reporting period

 

1,224

 

950

Cash and cash equivalents at end of reporting period

 

594

 

1,224