Cash Flow Statement

Operating Cash Flow

-10%

+34%

10Y

Currency: EUR

	Jun-2002	Sep-2002	Dec-2002	Mar-2003	Jun-2003	Sep-2003	Dec-2003	Mar-2004	Jun-2004	Sep-2004	Dec-2004	Mar-2005	Jun-2005	Sep-2005	Dec-2005	Mar-2006	Jun-2006	Sep-2006	Dec-2006	Mar-2007	Jun-2007	Sep-2007	Dec-2007	Mar-2008	Jun-2008	Sep-2008	Dec-2008	Mar-2009	Jun-2009	Sep-2009	Dec-2009	Mar-2010	Jun-2010	Sep-2010	Dec-2010	Mar-2011	Jun-2011	Sep-2011	Dec-2011	Mar-2012	Jun-2012	Sep-2012	Dec-2012	Mar-2013	Jun-2013	Sep-2013	Dec-2013	Mar-2014	Jun-2014	Sep-2014	Dec-2014	Mar-2015	Jun-2015	Sep-2015	Dec-2015	Mar-2016	Jun-2016	Sep-2016	Dec-2016	Mar-2017	Jun-2017	Sep-2017	Dec-2017	Mar-2018	Jun-2018	Sep-2018	Dec-2018	Mar-2019	Jun-2019	Sep-2019	Dec-2019	Mar-2020	Jun-2020	Sep-2020	Dec-2020	Mar-2021	Jun-2021	Sep-2021	Dec-2021	Mar-2022	Jun-2022	Sep-2022	Dec-2022	Mar-2023	Jun-2023	Sep-2023	Dec-2023	Mar-2024	Jun-2024	Sep-2024	Dec-2024	Mar-2025	Jun-2025	Sep-2025
Operating Cash Flow
Net Income	0	0	215	0	0	0	218	0	0	0	672	0	0	0	673	184	722	871	1 001	811	363	256	3 520	3 769	3 890	4 052	379	196	95	41	377	511	588	655	642	791	515	527	629	449	478	439	579	673	1 050	1 203	1 209	1 268	1 257	1 165	1 165	1 123	1 163	1 279	1 124	1 432	1 400	1 495	1 633	1 563	1 678	1 865	2 615	2 434	2 256	1 953	3 396	3 244	3 463	3 460	1 324	1 592	1 411	1 875	1 994	2 284	2 742	2 699	3 065	3 201	3 324	3 487	3 339	3 255	3 091	2 905	2 834	2 733	2 633	2 705	2 786	2 825	2 874	2 960
Depreciation & Amortization	0	0	425	0	0	0	471	0	0	0	375	0	0	0	290	63	127	195	303	466	620	761	924	921	912	932	1 215	1 216	1 227	1 231	1 004	1 027	1 042	1 104	1 258	1 365	1 717	1 735	1 597	1 587	1 352	1 381	1 397	1 408	1 384	1 356	1 458	1 406	1 404	1 442	1 361	1 385	1 402	1 386	1 511	1 618	1 794	1 891	1 934	1 949	1 810	1 795	1 758	1 738	1 806	1 815	1 812	1 858	1 863	1 899	1 944	1 901	2 008	1 995	1 938	1 931	1 790	1 783	1 762	1 768	1 881	1 907	2 030	2 056	2 006	1 971	1 880	1 878	2 076	2 090	2 134	2 153	1 930	1 939
Other Non-Cash Items	0	0	(33)	0	0	0	(9)	0	0	0	(362)	0	0	0	(138)	8	(409)	(356)	(272)	(117)	465	619	(2 703)	(2 901)	(3 097)	(3 279)	(79)	53	60	70	145	15	115	112	(182)	(290)	(418)	(418)	(608)	(439)	1	89	355	352	(88)	(183)	(206)	(263)	(263)	(202)	(332)	(220)	(236)	(299)	205	(239)	(266)	(285)	(488)	(75)	24	(357)	(250)	(283)	(229)	207	(2 523)	(2 434)	(2 588)	(2 559)	149	42	126	60	(59)	(42)	(11)	(13)	62	32	13	(17)	(27)	14	(87)	(106)	(34)	(24)	52	110	38	(23)	81	(68)
Cash Taxes Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	260	0	0	0	317	0	0	0	358	0	0	0	562	0	0	0	491	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Interest Paid	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	77	16	0	0	135	124	127	0	239	0	133	0	304	0	0	0	248	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change in Working Capital	530	275	(185)	504	734	847	73	797	744	646	(199)	419	456	486	(91)	504	337	20	(221)	(218)	(415)	(507)	(522)	(514)	(548)	(514)	(492)	(467)	(317)	(92)	(154)	(186)	(104)	(206)	65	(75)	(198)	(147)	(347)	(139)	29	219	142	83	(81)	(193)	(236)	(292)	(293)	(400)	512	288	144	252	(644)	(551)	(683)	(661)	(569)	(494)	(360)	(461)	(1 427)	(1 590)	(1 699)	(1 867)	(466)	(336)	(19)	118	(561)	(656)	(905)	(1 051)	(396)	4	41	390	(273)	(761)	(1 014)	(1 088)	(1 083)	(1 053)	(968)	(1 024)	(896)	(621)	(556)	(497)	(372)	(848)	(1 072)	(959)
Cash from Operating Activities	530 N/A	275 -48%	422 +53%	504 +20%	734 +46%	847 +15%	752 -11%	797 +6%	744 -7%	646 -13%	486 -25%	419 -14%	456 +9%	486 +7%	733 +51%	759 +4%	777 +2%	729 -6%	812 +11%	942 +16%	1 033 +10%	1 128 +9%	1 218 +8%	1 275 +5%	1 157 -9%	1 191 +3%	1 024 -14%	998 -3%	1 065 +7%	1 249 +17%	1 371 +10%	1 367 0%	1 641 +20%	1 664 +1%	1 783 +7%	1 790 +0%	1 616 -10%	1 698 +5%	1 271 -25%	1 458 +15%	1 860 +28%	2 128 +14%	2 472 +16%	2 516 +2%	2 265 -10%	2 184 -4%	2 226 +2%	2 119 -5%	2 105 -1%	2 005 -5%	2 706 +35%	2 575 -5%	2 472 -4%	2 618 +6%	2 195 -16%	2 261 +3%	2 245 -1%	2 441 +9%	2 510 +3%	2 943 +17%	3 152 +7%	2 842 -10%	2 696 -5%	2 299 -15%	2 134 -7%	2 108 -1%	2 219 +5%	2 332 +5%	2 719 +17%	2 918 +7%	2 856 -2%	2 879 +1%	2 640 -8%	2 879 +9%	3 477 +21%	4 177 +20%	4 562 +9%	4 859 +7%	4 616 -5%	4 240 -8%	4 204 -1%	4 289 +2%	4 259 -1%	4 272 +0%	4 042 -5%	3 746 -7%	3 784 +1%	3 966 +5%	4 205 +6%	4 408 +5%	4 586 +4%	4 107 -10%	3 813 -7%	3 872 +2%
Investing Cash Flow
Capital Expenditures	0	0	(412)	0	0	0	(306)	0	0	0	(255)	0	0	0	(300)	(55)	(113)	(179)	(310)	(320)	(347)	(375)	(404)	(426)	(440)	(472)	(536)	(564)	(585)	(585)	(564)	(527)	(516)	(504)	(500)	(506)	(499)	(480)	(446)	(442)	(427)	(433)	(473)	(460)	(514)	(506)	(517)	(516)	(490)	(559)	(624)	(637)	(630)	(713)	(693)	(787)	(836)	(798)	(848)	(1 086)	(1 179)	(1 207)	(1 311)	(1 150)	(1 101)	(1 095)	(1 016)	(985)	(1 032)	(1 023)	(1 021)	(1 162)	(1 161)	(1 211)	(1 563)	(1 566)	(1 594)	(1 840)	(1 421)	(1 557)	(1 580)	(1 540)	(1 806)	(1 959)	(1 987)	(1 972)	(2 023)	(2 143)	(2 167)	(2 258)	(2 184)	(1 937)	(2 031)	(1 939)
Other Items	309	110	432	(17)	(320)	(315)	(4)	(124)	1 332	1 320	1 567	1 104	(117)	(93)	104	(642)	111	(309)	(1 152)	(7 228)	(8 141)	(7 690)	(2 324)	4 759	4 772	4 810	454	(283)	(1 077)	(1 108)	(1 597)	2	779	(3 963)	(3 382)	(4 542)	(4 480)	(407)	(450)	(241)	(717)	(299)	(685)	(1 340)	(1 048)	(679)	(358)	1 065	74	(201)	(1 017)	(1 711)	1 375	2 239	(11 243)	(11 258)	(13 182)	(13 861)	345	(103)	(198)	(37)	164	192	246	111	3 207	3 060	2 436	2 437	(5 132)	(4 950)	(4 297)	(4 776)	223	168	171	516	(157)	(764)	(1 286)	(1 309)	(937)	(926)	28	285	131	793	647	(610)	(866)	(843)	(862)	(2 372)
Cash from Investing Activities	309 N/A	110 -65%	20 -82%	(17) N/A	(320) -1 817%	(315) +1%	(310) +2%	(124) +60%	1 332 N/A	1 320 -1%	1 312 -1%	1 104 -16%	(117) N/A	(93) +20%	(195) -109%	(697) -257%	(1) +100%	(488) -34 750%	(1 462) -200%	(7 548) -416%	(8 487) -12%	(8 065) +5%	(2 728) +66%	4 333 N/A	4 332 0%	4 338 +0%	(82) N/A	(848) -938%	(1 663) -96%	(1 693) -2%	(2 161) -28%	(525) +76%	263 N/A	(4 468) N/A	(3 882) +13%	(5 048) -30%	(4 980) +1%	(888) +82%	(896) -1%	(682) +24%	(1 144) -68%	(732) +36%	(1 158) -58%	(1 800) -55%	(1 562) +13%	(1 185) +24%	(875) +26%	550 N/A	(416) N/A	(760) -83%	(1 641) -116%	(2 348) -43%	745 N/A	1 526 +105%	(11 936) N/A	(12 044) -1%	(14 018) -16%	(14 659) -5%	(503) +97%	(1 189) -136%	(1 377) -16%	(1 244) +10%	(1 147) +8%	(958) +16%	(855) +11%	(984) -15%	2 191 N/A	2 075 -5%	1 404 -32%	1 414 +1%	(6 153) N/A	(6 112) +1%	(5 458) +11%	(5 987) -10%	(1 340) +78%	(1 398) -4%	(1 423) -2%	(1 324) +7%	(1 578) -19%	(2 321) -47%	(2 866) -23%	(2 849) +1%	(2 743) +4%	(2 885) -5%	(1 959) +32%	(1 687) +14%	(1 892) -12%	(1 350) +29%	(1 520) -13%	(2 868) -89%	(3 050) -6%	(2 780) +9%	(2 893) -4%	(4 311) -49%
Financing Cash Flow
Net Issuance of Common Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	1	2	2	0	2 035	2 035	2 034	0	1	(1)	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Issuance of Debt	0	0	(279)	0	0	0	(685)	0	0	0	(1 552)	0	0	0	654	(23)	1 627	382	81	6 235	3 033	3 792	67	(6 158)	(5 008)	(4 453)	(215)	584	868	796	920	3 403	3 726	3 865	2 885	(345)	(474)	(599)	29	(496)	(762)	(764)	(1 097)	(535)	(187)	(897)	(654)	(703)	(863)	(68)	1 620	3 954	4 293	6 417	7 732	4 871	4 721	1 802	(1 308)	(1 012)	(828)	(971)	(1 246)	(963)	(933)	(377)	(2 056)	(2 059)	(590)	632	2 591	3 137	1 587	274	(835)	(1 378)	(2 058)	(2 809)	(1 747)	(2 023)	(630)	(409)	(588)	(158)	(700)	(92)	(568)	(838)	(702)	327	53	(1 455)	(1 338)	639
Cash Paid for Dividends	0	0	(50)	0	0	0	(54)	0	0	0	(44)	0	0	0	(58)	(3)	(6)	(50)	(50)	(53)	(125)	(77)	(77)	(280)	(208)	(212)	(213)	(6)	(105)	(105)	(105)	(105)	(72)	(73)	(86)	(84)	(99)	(98)	(87)	(88)	(105)	(105)	(103)	(104)	(114)	(110)	(110)	(111)	(120)	(123)	(123)	(175)	(129)	(129)	(129)	(127)	(136)	(136)	(136)	0	(155)	(155)	(155)	0	(162)	(162)	(162)	(162)	(162)	(162)	(162)	(162)	(168)	(168)	(168)	(168)	(181)	(181)	(181)	(181)	(239)	(239)	(239)	(239)	(284)	(284)	(284)	(284)	(284)	(284)	(284)	(284)	(284)	(284)
Other	(1 001)	(753)	(189)	(609)	(404)	(503)	278	(675)	(1 906)	(1 756)	(123)	(1 493)	(32)	(14)	(156)	410	(15)	(21)	(227)	(181)	175	280	1 503	1 483	1 466	1 397	(240)	(192)	(190)	(265)	(178)	(256)	(319)	(288)	(261)	(317)	(318)	(330)	(327)	(291)	(169)	(186)	(320)	(349)	(573)	(535)	(309)	0	(716)	(673)	(737)	(738)	(440)	(438)	(439)	(439)	(465)	(465)	(464)	(531)	(469)	(469)	(469)	(465)	(599)	(598)	(607)	(604)	(534)	(535)	(527)	(528)	(519)	(520)	(519)	(512)	(576)	(575)	(576)	(621)	(729)	(729)	(728)	(719)	(879)	(880)	(880)	(841)	(757)	(756)	(754)	(748)	(762)	(763)
Cash from Financing Activities	(1 001) N/A	(753) +25%	(517) +31%	(609) -18%	(404) +34%	(503) -24%	(461) +8%	(675) -47%	(1 906) -182%	(1 756) +8%	(1 719) +2%	(1 493) +13%	(32) +98%	(14) +57%	440 N/A	386 -12%	1 609 +317%	313 -81%	(196) N/A	8 034 N/A	5 116 -36%	6 028 +18%	1 493 -75%	(6 988) N/A	(5 785) +17%	(5 302) +8%	(667) +87%	385 N/A	573 +49%	425 -26%	637 +50%	3 042 +377%	3 334 +10%	3 504 +5%	2 538 -28%	(745) N/A	(891) -20%	(1 027) -15%	(384) +63%	(875) -128%	(1 035) -18%	(1 054) -2%	(1 519) -44%	(988) +35%	(873) +12%	(1 542) -77%	(1 073) +30%	(959) +11%	(1 699) -77%	(864) +49%	761 N/A	3 041 +300%	3 723 +22%	5 850 +57%	7 164 +22%	4 304 -40%	4 120 -4%	1 202 -71%	(1 908) N/A	(1 626) +15%	(1 452) +11%	(1 595) -10%	(1 870) -17%	(1 583) +15%	(1 694) -7%	(1 137) +33%	(2 825) -148%	(2 825) N/A	(1 286) +54%	(65) +95%	1 902 N/A	2 447 +29%	900 -63%	(414) N/A	(1 522) -268%	(2 058) -35%	(2 815) -37%	(3 565) -27%	(2 504) +30%	(2 825) -13%	(1 598) +43%	(1 377) +14%	(1 555) -13%	(1 116) +28%	(1 863) -67%	(1 256) +33%	(1 732) -38%	(1 963) -13%	(1 743) +11%	(713) +59%	(985) -38%	(2 487) -152%	(2 384) +4%	(408) +83%
Change in Cash
Effect of Foreign Exchange Rates	(17)	(24)	(50)	(59)	(35)	(39)	(23)	(7)	(94)	(86)	(7)	(7)	95	89	18	23	(9)	(2)	(16)	(31)	(10)	(16)	(17)	(28)	(27)	(17)	(10)	7	3	(6)	1	6	18	0	(34)	(50)	(61)	(32)	2	7	15	5	(3)	(0)	(17)	(26)	(27)	(28)	(8)	43	73	180	(12)	(100)	531	417	601	652	8	24	(3)	(19)	(30)	(44)	(18)	(7)	(5)	10	3	11	5	(24)	(22)	(43)	(40)	(13)	(11)	6	9	6	14	17	(7)	(27)	(39)	(41)	(31)	(17)	(17)	(31)	(16)	(54)	(54)	(64)
Net Change in Cash	(178) N/A	(392) -120%	(125) +68%	(180) -44%	(26) +86%	(10) +60%	(42) -305%	(9) +78%	76 N/A	124 +62%	72 -42%	23 -68%	402 +1 655%	468 +16%	996 +113%	471 -53%	2 375 +405%	553 -77%	(862) N/A	1 397 N/A	(2 348) N/A	(925) +61%	(34) +96%	(1 408) -4 102%	(324) +77%	211 N/A	266 +26%	543 +104%	(21) N/A	(25) -19%	(151) -510%	3 890 N/A	5 256 +35%	701 -87%	404 -42%	(4 053) N/A	(4 315) -6%	(249) +94%	(7) +97%	(92) -1 194%	(303) -230%	348 N/A	(208) N/A	(273) -31%	(187) +31%	(569) -204%	251 N/A	1 681 +570%	(18) N/A	423 N/A	1 898 +349%	3 448 +82%	6 928 +101%	9 894 +43%	(2 046) N/A	(5 063) -147%	(7 053) -39%	(10 364) -47%	107 N/A	152 +42%	320 +111%	(16) N/A	(351) -2 094%	(286) +19%	(433) -51%	(20) +95%	1 580 N/A	1 592 +1%	2 840 +78%	4 278 +51%	(1 390) N/A	(810) +42%	(1 940) -140%	(3 565) -84%	575 N/A	708 +23%	313 -56%	(24) N/A	543 N/A	(900) N/A	(246) +73%	80 N/A	(46) N/A	244 N/A	181 -26%	762 +321%	129 -83%	636 +393%	925 +45%	796 -14%	535 -33%	(1 214) N/A	(1 518) -25%	(911) +40%
Free Cash Flow
Free Cash Flow	530 N/A	275 -48%	10 -96%	504 +4 845%	734 +46%	847 +15%	446 -47%	797 +79%	744 -7%	646 -13%	231 -64%	419 +82%	456 +9%	486 +7%	433 -11%	704 +62%	664 -6%	550 -17%	502 -9%	622 +24%	687 +10%	754 +10%	814 +8%	849 +4%	717 -16%	719 +0%	488 -32%	434 -11%	480 +11%	664 +38%	807 +22%	841 +4%	1 125 +34%	1 159 +3%	1 282 +11%	1 284 +0%	1 117 -13%	1 217 +9%	825 -32%	1 017 +23%	1 433 +41%	1 695 +18%	1 999 +18%	2 056 +3%	1 750 -15%	1 678 -4%	1 709 +2%	1 603 -6%	1 615 +1%	1 446 -10%	2 081 +44%	1 938 -7%	1 842 -5%	1 905 +3%	1 502 -21%	1 474 -2%	1 409 -4%	1 643 +17%	1 662 +1%	1 857 +12%	1 973 +6%	1 635 -17%	1 385 -15%	1 149 -17%	1 033 -10%	1 013 -2%	1 203 +19%	1 347 +12%	1 687 +25%	1 895 +12%	1 835 -3%	1 717 -6%	1 479 -14%	1 668 +13%	1 914 +15%	2 611 +36%	2 968 +14%	3 019 +2%	3 195 +6%	2 683 -16%	2 624 -2%	2 749 +5%	2 453 -11%	2 313 -6%	2 055 -11%	1 774 -14%	1 761 -1%	1 823 +4%	2 038 +12%	2 150 +5%	2 402 +12%	2 170 -10%	1 782 -18%	1 933 +8%

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Cash Flow Statement

Cash Flow Statement
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Cash Flow Statement

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Cash Flow Statement
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