Financial position

    Financial position

    T.08 CASH FLOW STATEMENT (GERMAN GAAP, HGB)

     

    2024

    2023

     

     

    € million

    € million

    +/- %

    Cash flow used in operating activities

    -72.2

    -92.6

    -22.1%

    Cash flow from investing activities

    54.6

    66.3

    -17.6%

    Free Cash Flow

    -17.6

    -26.3

    -33.2%

    Cash flow used in/ from financing activities

    -99.1

    95.6

    >-100%

    Change in cash and cash equivalents

    -116.6

    69.3

    >-100%

    Cash and cash equivalents at beginning of financial year

    165.8

    96.5

    71.8%

    Cash and cash equivalents at end of financial year

    49.2

    165.8

    -70.3%

    In financial year 2024, cash outflow from operating activities amounted to € 72.2 million, compared to a cash outflow of € 92.6 million in the previous year. The decrease in cash outflow is mainly due to the improvement in earnings before taxes when compared with the previous year.

    The slight reduction in the cash inflow from investing activities in 2024 is largely due to the sale of ERP software to affiliated companies and the decrease in payments for investments by PUMA SE. This offsets the change in receivables from the cash pool and loans to affiliated companies.

    In 2024, the cash flow from financing activities showed a total cash outflow of € 99.1 million compared to a cash inflow of € 95.6 million in the previous year. This outflow of funds is largely related to the repayment of promissory note loans, the increase in cash outflow as a result of interest and cash outflow for the repurchase of treasury shares.

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