28 – Consolidated Statement of Cash Flows
In EUR mn |
|
|
|---|---|---|
|
2023 |
2022 |
Cash at bank and in hand |
884 |
808 |
Short-term deposits |
6,126 |
7,316 |
Cash and cash equivalents |
7,011 |
8,124 |
Significant non-cash items
In 2022, the line “Other changes” in the consolidated statement of cash flows included non-cash effects related to the impairment of the Nord Stream 2 loan. Moreover the line contained impacts from the deconsolidation of JSC GAZPROM YRGM Development (YRGM) and OJSC Severneftegazprom (SNGP) as well as the fair value changes related to the investments in YRGM and SNGP and the contractual position toward Gazprom from the redetermination of the reserves of the Yuzhno Russkoye gas field.
In 2023 and 2022, non-cash additions to fixed assets mainly included effects of new lease contracts and the reassessment of decommissioning and restoration obligations.
Cash flow from investing activities
For details about the cash flow effect from divestments of subsidiaries and businesses please refer to Note 4 – Changes in Group structure.
Cash flow from financing activities
The line “Repayments of long-term borrowings” comprised the repayment of bonds with a nominal value of EUR 1,250 mn.
In EUR mn |
|
|
|
|
||
|---|---|---|---|---|---|---|
|
2023 |
|||||
|
Bonds |
Other interest-bearing debts |
Lease liabilities |
Total |
||
January 1 |
7,320 |
1,487 |
1,524 |
10,331 |
||
|
|
|
|
|
||
Repayments of long-term borrowings |
–1,250 |
–44 |
–184 |
–1,477 |
||
Decrease (–)/increase (+) in short-term borrowings |
— |
40 |
— |
40 |
||
Total cash flows related to financing activities |
–1,250 |
–3 |
–184 |
–1,437 |
||
|
|
|
|
|
||
Currency translation differences |
— |
–22 |
–4 |
–25 |
||
Changes in the consolidated group |
— |
24 |
–23 |
1 |
||
Difference between interest expenses and interest paid |
3 |
–15 |
1 |
–11 |
||
Other changes |
— |
— |
2721 |
272 |
||
Total non-cash changes |
3 |
–14 |
247 |
236 |
||
|
|
|
|
|
||
December 31 |
6,073 |
1,470 |
1,587 |
9,130 |
||
|
||||||
In EUR mn |
|
|
|
|
||
|---|---|---|---|---|---|---|
|
2022 |
|||||
|
Bonds |
Other interest-bearing debts |
Lease liabilities |
Total |
||
January 1 |
8,070 |
1,765 |
1,191 |
11,026 |
||
|
|
|
|
|
||
Repayments of long-term borrowings |
–750 |
–114 |
–183 |
–1,047 |
||
Decrease (–)/increase (+) in short-term borrowings |
— |
–184 |
— |
–184 |
||
Total cash flows related to financing activities |
–750 |
–298 |
–183 |
–1,230 |
||
|
|
|
|
|
||
Currency translation differences |
— |
31 |
2 |
33 |
||
Changes in the consolidated group |
— |
— |
–123 |
–123 |
||
Difference between interest expenses and interest paid |
0 |
–11 |
1 |
–11 |
||
Other changes |
— |
— |
6361 |
636 |
||
Total non-cash changes |
0 |
20 |
515 |
535 |
||
|
|
|
|
|
||
December 31 |
7,320 |
1,487 |
1,524 |
10,331 |
||
|
||||||
The total cash outflow related to lease liabilities amounted to EUR 218 mn (2022: EUR 212 mn).
As of December 31, 2023, the Group had available EUR 5,310 mn of undrawn committed borrowing facilities that can be used for future activities (December 31, 2022: EUR 5,291 mn).
Financing commitments provided to related parties are detailed in Note 37 – Related parties.