7.7.2Cash flows from operating activities
Cash flows from operating activities
(in € millions) | 2024 | 2023 |
---|---|---|
Cash generated from operating activities | | |
Result before tax from continuing and discontinued operations | 1,608 | 1,389 |
| | |
Adjustments on non-cash items included in result: | | |
Revaluation through profit or loss | 540 | 59 |
Retained share of result of associates and joint ventures | -16 | -8 |
Depreciation and amortisation | 113 | 78 |
Impairments | 28 | 36 |
Addition to provision | 37 | 363 |
Other | -25 | -133 |
| | |
Changes in operating assets and liabilities: | | |
Net (increase) / decrease in investment property | -86 | -43 |
Net (increase) / decrease in investments | -1,992 | 2,649 |
Net (increase) / decrease in investments related to direct participating contracts | 545 | 132 |
Net (increase) / decrease in derivatives | -930 | -1,381 |
Net (increase) / decrease in savings deposits | -102 | 644 |
Net (increase) / decrease in amounts due to banks | 616 | 2,281 |
Net (increase) / decrease in reinsurance contracts | -48 | 31 |
Net increase / (decrease) in liabilities arising from insurance contracts | -1,007 | -1,178 |
Net increase / (decrease) in liabilities arising from direct participating contracts | -658 | -83 |
Net (increase) / decrease in other operating assets and liabilities | 780 | -1,157 |
Income tax received (paid) | -102 | -82 |
Cash flows from operating activities | -699 | 3,597 |
| | |
Further details on cash flows from operating activities: | | |
Interest received | 5,793 | 3,710 |
Interest paid | -3,587 | -2,188 |
Dividend received | 383 | 280 |
| | |
Further details on lease payments: | | |
Total cash outflow for leases | -15 | -11 |