For the consolidated cash flow statement, the following items have been included in net cash and cash equivalents:
|
€ Million |
2024 |
2023 |
|
Cash at bank and cash balances |
46 |
31 |
|
Money market funds |
0 |
96 |
|
Total |
46 |
127 |
The main items of the cash flow statement are specified below.
Changes in net working capital can be specified as follows:
|
€ Million |
2024 |
2023 |
|
Corporate income tax expense recognised in the income statement |
44 |
-32 |
|
Corporate income tax paid or received |
-37 |
-11 |
|
Interest income and expense recognised in the income statement |
46 |
21 |
|
Interest received and paid |
-42 |
-17 |
|
Working capital before tax and interest |
41 |
-9 |
|
Total |
52 |
-48 |
Specification of net working capital:
|
€ Million |
2024 |
2023 |
Delta |
|
Inventories |
168 |
150 |
-18 |
|
Receivables |
296 |
230 |
-66 |
|
Subtotal |
464 |
380 |
-84 |
|
Trade and other payables |
-518 |
-398 |
120 |
|
Corporate income tax |
25 |
32 |
7 |
|
(Current) provisions |
-12 |
-3 |
9 |
|
Subtotal |
-505 |
-369 |
136 |
|
Total |
-41 |
11 |
52 |
Changes in net interest-bearing liabilities in 2024 can be specified as follows:
|
Other assets |
Liabilities from financing activities |
||||
|
€ Million |
Cash and cash equivalents |
Deposits |
Non-current interest-bearing liabilities |
Current interest-bearing liabilities |
Total 2024 |
|
At 1 January |
127 |
0 |
-3,050 |
-25 |
-2,948 |
|
Cash flows |
-81 |
0 |
-494 |
-17 |
-592 |
|
Reclassification from non-current to current |
0 |
0 |
31 |
-31 |
0 |
|
Other non-cash movements |
0 |
0 |
-49 |
-8 |
-57 |
|
At 31 December |
46 |
0 |
-3,562 |
-81 |
-3,597 |
Changes in net interest-bearing liabilities in 2023 can be specified as follows:
|
Other assets |
Liabilities from financing activities |
||||
|
€ Million |
Cash and cash equivalents |
Deposits |
Non-current interest-bearing liabilities |
Current interest-bearing liabilities |
Total 2023 |
|
At 1 January |
217 |
650 |
-2,547 |
-531 |
-2,211 |
|
Cash flows |
-90 |
-650 |
-498 |
534 |
-704 |
|
Reclassification from non-current to current |
0 |
0 |
25 |
-25 |
0 |
|
Changes in other non-cash generating units |
0 |
0 |
-30 |
-3 |
-33 |
|
At 31 December |
127 |
0 |
-3,050 |
-25 |
-2,948 |