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Consolidated Cash Flow Statement - EUR (€)
€ in Millions
6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Statement of cash flows [abstract]    
Net profit € 3,397 € 3,542
Taxation 972 991
Share of net (profit)/loss of joint ventures/associates and other (income)/loss from non-current investments and associates (125) (89)
Net monetary (gain)/loss arising from hyperinflationary economies 29 (21)
Net finance costs 153 249
Operating profit 4,426 4,672
Depreciation, amortisation and impairment 860 987
Changes in working capital (1,233) (1,215)
Pensions and similar obligations less payments (126) (79)
Provisions less payments (29) (66)
Elimination of (profits)/losses on disposals   45
Non-cash charge for share-based compensation 82 74
Other adjustments (19) 9
Cash flow from operating activities 3,961 4,427
Income tax paid (917) (899)
Net cash flow from operating activities 3,044 3,528
Interest received 61 80
Net capital expenditure (386) (422)
Other acquisitions and disposals (275) (623)
Other investing activities 30 384
Net cash flow (used in)/from investing activities (570) (581)
Dividends paid on ordinary share capital (2,277) (2,120)
Interest paid (288) (336)
Change in financial liabilities (430) 602
Repurchase of shares (845)  
Other financing activities (257) (234)
Net cash flow (used in)/from financing activities (4,097) (2,088)
Net increase/(decrease) in cash and cash equivalents (1,623) 859
Cash and cash equivalents at the beginning of the period 5,475 4,116
Effect of foreign exchange rate changes 220 (253)
Cash and cash equivalents at the end of the period € 4,072 € 4,722