€ million |
|
Note |
|
2020 |
|
2019 |
---|---|---|---|---|---|---|
Profit after tax |
|
|
|
1,994 |
|
1,324 |
Depreciation/amortization/impairment losses/reversals of impairment losses |
|
|
|
1,938 |
|
1,944 |
Changes in inventories |
|
|
|
-85 |
|
-324 |
Changes in trade accounts receivable |
|
|
|
-84 |
|
-47 |
Changes in trade accounts payable/refund liabilities |
|
|
|
7 |
|
201 |
Changes in provisions |
|
|
|
-110 |
|
153 |
Changes in other assets and liabilities |
|
|
|
-123 |
|
-391 |
Neutralization of gains/losses on disposal of fixed assets and other disposals |
|
|
|
-98 |
|
-57 |
Other non-cash income and expenses |
|
|
|
39 |
|
53 |
Net cash flows from operating activities |
|
|
3,477 |
|
2,856 |
|
thereof: from discontinued operations |
|
|
|
– |
|
– |
|
|
|
|
|
|
|
Payments for investments in intangible assets |
|
|
|
-150 |
|
-208 |
Payments from the disposal of intangible assets |
|
|
|
88 |
|
23 |
Payments for investments in property, plant and equipment |
|
|
|
-1,413 |
|
-813 |
Payments from the disposal of property, plant and equipment |
|
|
|
35 |
|
31 |
Payments for investments in financial assets |
|
|
|
-278 |
|
-196 |
Payments for acquisitions less acquired cash and cash equivalents (net) |
|
|
|
-11 |
|
-5,020 |
Proceeds from the disposal of other financial assets |
|
|
|
340 |
|
140 |
Payments for the acquisition of non-financial assets |
|
|
|
-500 |
|
-500 |
Proceeds from the disposal of non-financial assets |
|
|
|
501 |
|
501 |
Payments for the disposal of assets held for sale |
|
|
|
-8 |
|
-130 |
Proceeds from the disposal of assets held for sale less transferred cash and cash equivalents |
|
|
|
55 |
|
20 |
Net cash flows from investing activities |
|
|
-1,340 |
|
-6,153 |
|
thereof: from discontinued operations |
|
|
|
-8 |
|
-129 |
|
|
|
|
|
|
|
Dividend payments to shareholders of Merck KGaA, Darmstadt, Germany |
|
|
|
-168 |
|
-162 |
Dividend payments to non-controlling interests |
|
|
|
-7 |
|
-12 |
Profit withdrawal by E. Merck KG, Darmstadt, Germany |
|
|
|
-512 |
|
-515 |
Proceeds from new borrowings of financial debt from E. Merck KG, Darmstadt, Germany |
|
|
|
390 |
|
406 |
Repayment of financial debt to E. Merck KG, Darmstadt, Germany |
|
|
|
-382 |
|
-418 |
Repayment of bonds |
|
|
|
-2,724 |
|
-1,290 |
Proceeds from the issuance of bonds |
|
|
|
2,486 |
|
3,482 |
Payments from new borrowings of other current and non-current financial debt |
|
|
|
3,561 |
|
1,193 |
Repayment of other current and non-current financial debt |
|
|
|
-4,166 |
|
-782 |
Net cash flows from financing activities |
|
|
-1,522 |
|
1,902 |
|
thereof: from discontinued operations |
|
|
|
– |
|
– |
|
|
|
|
|
|
|
Changes in cash and cash equivalents |
|
|
|
615 |
|
-1,395 |
Changes in cash and cash equivalents due to currency translation |
|
|
|
-40 |
|
5 |
Cash and cash equivalents as of January 1 |
|
|
|
781 |
|
2,170 |
Cash and cash equivalents as of December 31 (consolidated balance sheet) |
|
|
1,355 |
|
781 |
TAG overview
Results
- Please select a #tag from the overview (see above).
- To Our Shareholders
- Letter from Stefan Oschmann
- The Executive Board
- Our Shares
- In figures
- Management Report
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- Report in accordance with section 315 (4) of the German Commercial Code (HGB)
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- Statement on Corporate Governance
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- Consolidated Financial Statements
- Income Statement
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- Balance Sheet
- Cash Flow Statement
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- Notes
- General Disclosures
- (1) Company information
- (2) Reporting principles
- (3) Discretionary decisions and sources of estimation uncertainty
- (4) Subsequent events
- Group Structure
- (5) Changes in the scope of consolidation
- (6) Acquisitions and divestments
- (7) Collaboration and licensing agreements
- Operating Activities
- (8) Segment Reporting
- (9) Net sales
- (10) Cost of sales
- (11) Marketing and selling expenses
- (12) Research and development costs
- (13) Other operating income
- (14) Other operating expenses
- (15) Income tax
- (16) Net cash flows from operating activities
- (17) Earnings per share
- Operating Assets, Liabilities and Contingent Liabilities
- (18) Goodwill
- (19) Other intangible assets
- (20) Property, plant and equipment
- (21) Leasing
- (22) Other non-financial assets
- (23) Net cash flows from investing activities
- (24) Inventories
- (25) Trade and other receivables
- (26) Contract assets
- (27) Other provisions
- (28) Contingent liabilities
- (29) Other non-financial liabilities
- (30) Trade and other payables
- Employees
- (31) Number of employees
- (32) Personnel expenses
- (33) Provisions for employee benefits
- Capital Structure, Investments and Financing Activities
- (34) Equity
- (35) Cash and cash equivalents
- (36) Other financial assets
- (37) Financial debt/capital management
- (38) Other financial liabilities
- (39) Derivative financial instruments
- (40) Finance income and expenses/Net gains and losses from financial instruments
- (41) Net cash flows from financing activities
- (42) Management of financial risks
- (43) Information on fair value measurement
- (44) Other financial obligations
- Other Disclosures
- (45) Related party disclosures
- (46) Executive Board and Supervisory Board compensation
- (47) Auditor's fees
- (48) Corporate governance
- (49) Information on preparation and approval
- Scope of Consolidation
- (50) List of shareholdings
- Other Information
- Responsibility Statement
- Reproduction of the Independent Auditor's Report
- Business Development 2016 – 2020
- Financial Calendar