Business development

Statement of cash flows

Summary statement of cash flows
(€ million)

H1

Change

2020

2019

absolute

%

 

Cash flow from operating activities

– 235

1,386

– 1,621

Cash flow from investing activities

– 2,414

– 1,857

– 557

+ 30,0

Cash flow from financing activities

2,397

584

+ 1,813

Net change in cash and cash equivalents

– 297

119

– 416

Cash and cash equivalents
as of Jun 30/Dec 31

3,696

3,993

– 297

– 7,4

  • The significant drop in cash flow from operating activities was mainly due to Covid-­­19-related declines in income development. Working capital effects partially compensated for these declines.
  • The outflow of funds from investing activities continued to increase, driven mainly by the development of net capital expenditures.
  • The inflow of funds from financing activities increased significantly mainly due to a higher net inflow of funds from senior bonds (€ +2,362 million). This increase was mitigated by the decline in the inflow of funds from financial loans (€ –546 million).
  • On balance, DB Group had, as of June 30, 2020, a slightly lower level of cash and cash equivalents than at the end of the previous year.

Hello! Thank you for your interest in the 2020 Integrated Interim Report!

I am Larissa, your interactive assistant. I am happy to help you and guide you through the report.

May I suggest some interesting contents:

Reading recommendation