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Consolidated cash flow statement - EUR (€)
€ in Millions
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Statement of cash flows [abstract]      
Net profit € 6,621 € 6,073 € 6,026
Taxation 1,935 1,923 2,263
Share of net profit of joint ventures/associates and other income/(loss) from non-current investments (282) (178) (176)
Net monetary (gain)/loss arising from hyperinflationary economies 74 (20) (32)
Net finance costs 354 505 627
Operating profit 8,702 8,303 8,708
Depreciation, amortisation and impairment 1,763 2,018 1,982
Changes in working capital: (47) 680 (9)
Inventories (458) (587) 313
Trade and other receivables (307) 1,125 (445)
Trade payables and other liabilities 718 142 123
Pensions and similar obligations less payments (183) (182) (260)
Provisions less payments (61) (53) 7
Elimination of (profits)/losses on disposals 23 60 60
Non-cash charge for share-based compensation 161 108 151
Other adjustments (53) (1) 2
Cash flow from operating activities 10,305 10,933 10,641
Income tax paid (2,333) (1,875) (2,532)
Net cash flow from operating activities 7,972 9,058 8,109
Interest received 148 169 146
Purchase of intangible assets (232) (158) (210)
Purchase of property, plant and equipment (1,108) (863) (1,316)
Disposal of property, plant and equipment 101 89 97
Acquisition of businesses and investments in joint ventures and associates (2,131) (1,426) (1,122)
Disposal of businesses, joint ventures and associates 43 39 177
Acquisition of other non-current investments (142) (128) (160)
Disposal of other non-current investments 137 51 55
Dividends from joint ventures, associates and other non-current investments 185 188 164
(Purchase)/sale of financial assets (247) 558 (68)
Net cash flow (used in)/from investing activities (3,246) (1,481) (2,237)
Dividends paid on ordinary share capital (4,483) (4,279) (4,209)
Interest paid (488) (624) (694)
Net change in short-term borrowings 656 722 337
Additional financial liabilities 4,748 3,117 5,911
Repayment of financial liabilities (3,550) (3,577) (4,912)
Capital element of lease rental payments (464) (443) (435)
Repurchase of shares (3,018) 0 0
Other movements on treasury shares 0 0 (201)
Other financing activities [1] (500) (720) (464)
Net cash flow (used in)/from financing activities (7,099) (5,804) (4,667)
Net increase/(decrease) in cash and cash equivalents (2,373) 1,773 1,205
Cash and cash equivalents at the beginning of the year 5,475 4,116 3,090
Effect of foreign exchange rate changes 285 (414) (179)
Cash and cash equivalents at the end of the year € 3,387 € 5,475 € 4,116
[1] Other financing activities include cash paid for the purchase of non-controlling interests and dividends paid to minority interests.