| 1st quarter 2024 |
1st quarter 2025 |
|
| € million | € million | |
| Income after income taxes | (37) | (161) |
| Income taxes | 68 | 20 |
| Financial result | 30 | 44 |
| Income taxes paid | (38) | (34) |
| Depreciation, amortization and impairment losses and impairment loss reversals | 212 | 234 |
| Change in pension provisions | (11) | (18) |
| (Gains)/losses on retirements of noncurrent assets | (3) | (1) |
| Decrease/(increase) in inventories | (184) | (135) |
| Decrease/(increase) in trade accounts receivable | (85) | (258) |
| (Decrease)/increase in trade accounts payable | 40 | 221 |
| Changes in other working capital, other noncash items | (15) | 15 |
| Cash flows from operating activities | (23) | (73) |
| Cash outflows for additions to property, plant, equipment and intangible assets | (106) | (180) |
| Cash inflows from sales of property, plant, equipment and other assets | 4 | – |
| Cash outflows for noncurrent financial assets | (4) | (5) |
| Interest and dividends received | 17 | 10 |
| Cash inflows from other current financial assets | 246 | 19 |
| Cash flows from investing activities | 157 | (156) |
| Issuances of debt | 28 | 605 |
| Retirements of debt | (77) | (110) |
| Interest paid | (26) | (27) |
| Cash flows from financing activities | (75) | 468 |
| Change in cash and cash equivalents due to business activities | 59 | 239 |
| Cash and cash equivalents at beginning of period | 625 | 509 |
| Change in cash and cash equivalents due to exchange rate movements | – | (6) |
| Cash and cash equivalents at end of period | 684 | 742 |