SAP SE
SAP SE, together with its subsidiaries, operates as an enterprise application software company worldwide. The company operates through three segments: Applications, Technology & Support; Qualtrics;
Software - Application
DE, Walldorf [HQ]
Cash Flow Statements
15 Sheets · Starting from 2023In Million EUR. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||||||||
| Operating Cash Flow (OCF) | 3,036.00 | 2,954.00 | 3,775.00 | 3,652.00 | 3,832.00 | 3,574.00 | 3,638.00 | 4,628.00 | 5,045.00 | 4,303.00 | 3,497.00 | 7,193.00 | 6,223.00 | 5,646.00 | 6,332.00 | |
| Operating Cash (Net) | 3,036.00 | 2,954.00 | 3,775.00 | 3,652.00 | 3,832.00 | 3,574.00 | 3,638.00 | 4,628.00 | 5,045.00 | 4,303.00 | 3,497.00 | 7,193.00 | 6,223.00 | 5,646.00 | 6,332.00 | |
| Accounts Receivable | 640.00 | - - | -426.00 | -297.00 | -110.00 | -286.00 | -844.00 | -675.00 | -309.00 | 136.00 | -1,469.00 | 821.00 | 414.00 | 149.00 | -393.00 | |
| Accounts Payable | - - | - - | -380.00 | 207.00 | -176.00 | 648.00 | 757.00 | 530.00 | 389.00 | 93.00 | 326.00 | 304.00 | 475.00 | 120.00 | 633.00 | |
|
Working Capital
|
- - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Change | 711.00 | 840.00 | -744.00 | -33.00 | -250.00 | 81.00 | -137.00 | 22.00 | 411.00 | -853.00 | -722.00 | 662.00 | 272.00 | -224.00 | -17.00 | |
| Other WC | 71.00 | 840.00 | 62.00 | 57.00 | -74.00 | -567.00 | -894.00 | -508.00 | 22.00 | -946.00 | -1,048.00 | 358.00 | -203.00 | -344.00 | -257.00 | |
| Investing Activities | ||||||||||||||||
| Used Cash (Net) | -297.00 | -3,992.00 | -1,226.00 | -5,796.00 | -1,781.00 | -7,214.00 | -334.00 | -1,799.00 | -1,112.00 | -3,066.00 | -7,021.00 | -2,986.00 | -3,063.00 | 667.00 | 906.00 | |
| Capital Expenditure | -225.00 | -334.00 | -445.00 | -543.00 | -566.00 | -737.00 | -636.00 | -1,001.00 | -1,275.00 | -1,458.00 | -817.00 | -816.00 | -800.00 | -874.00 | -785.00 | |
| Purchases of Investments | -1,073.00 | -841.00 | -2,046.00 | -1,048.00 | -1,531.00 | -1,002.00 | -1,871.00 | -1,625.00 | -2,914.00 | -1,116.00 | -900.00 | -2,535.00 | -4,368.00 | -2,320.00 | -3,566.00 | |
| Sale/Maturity of Investment | 1,028.00 | 1,334.00 | 1,398.00 | 1,654.00 | 1,421.00 | 833.00 | 2,146.00 | 869.00 | 3,272.00 | 1,488.00 | 778.00 | 735.00 | 3,229.00 | 4,190.00 | 907.00 | |
| Property, Plant, Equipment (P&PE) | -225.00 | -334.00 | -445.00 | -543.00 | -566.00 | -737.00 | -636.00 | -1,001.00 | -1,275.00 | -1,458.00 | -817.00 | -816.00 | -800.00 | -874.00 | -785.00 | |
| Acquisitions (Net) | -74.00 | -4,194.00 | -188.00 | -5,898.00 | -1,160.00 | -6,354.00 | -39.00 | -106.00 | -291.00 | -2,036.00 | -6,154.00 | -459.00 | -1,214.00 | -390.00 | -1,160.00 | |
| Other Investing Activities | 47.00 | 86.00 | 110.00 | -504.00 | -511.00 | -691.00 | -570.00 | -937.00 | -1,179.00 | 56.00 | 72.00 | 89.00 | 90.00 | 61.00 | 5,510.00 | |
| Financing Activities | ||||||||||||||||
| Used Cash (Net) | -2,166.00 | -2,510.00 | -1,176.00 | -194.00 | -1,589.00 | -4,219.00 | -3,356.00 | -2,704.00 | -3,406.00 | -3,283.00 | -101.00 | -3,997.00 | -56.00 | -6,337.00 | -7,734.00 | |
| Debt Repayment | -2,303.00 | -2,196.00 | -1,005.00 | -4,714.00 | -1,625.00 | -2,219.00 | -3,852.00 | -1,800.00 | -1,391.00 | -1,407.00 | -1,713.00 | -2,808.00 | -2,326.00 | -1,869.00 | -4,068.00 | |
| Dividends Paid | -594.00 | -594.00 | -713.00 | -1,310.00 | -1,013.00 | -1,194.00 | -1,316.00 | -1,378.00 | -1,499.00 | -1,671.00 | -1,790.00 | -1,864.00 | -2,182.00 | -2,865.00 | -2,395.00 | |
|
Common Stock
|
- - | 370 | 543 | 158 | - - | - - | - - | -373 | 527 | - - | - - | 3,624 | - - | 1,658 | 624 | |
| Issued | 34.00 | 150.00 | 297.00 | 105.00 | 49.00 | 51.00 | 64.00 | 27.00 | 27.00 | - - | - - | 2,132.00 | - - | 158.00 | -325.00 | |
| Repurchased | - - | -220.00 | -246.00 | -53.00 | - - | - - | - - | 400.00 | -500.00 | - - | - - | -1,492.00 | - - | -1,500.00 | -949.00 | |
| Other Financing Activities | 697.00 | 5,370.00 | 491.00 | 11,556.00 | 1,000.00 | 7,581.00 | 1,748.00 | 447.00 | -16.00 | 6,361.00 | 3,604.00 | 35.00 | 4,452.00 | -261.00 | 3.00 | |
| Cash Balances | ||||||||||||||||
| Begin of Period | 1,277.00 | 1,884.00 | 3,518.00 | 4,965.00 | 2,477.00 | 2,748.00 | 3,328.00 | 3,411.00 | 3,702.00 | 4,011.00 | 8,627.00 | 5,314.00 | 5,311.00 | 8,898.00 | 9,008.00 | |
| End of Period | 1,883.00 | 3,518.00 | 4,965.00 | 2,475.00 | 2,748.00 | 3,348.00 | 3,411.00 | 3,702.00 | 4,011.00 | 8,627.00 | 5,314.00 | 5,311.00 | 8,898.00 | 9,006.00 | 8,124.00 | |
| Change | 606.00 | 1,634.00 | 1,447.00 | -2,490.00 | 271.00 | 600.00 | 83.00 | 291.00 | 309.00 | 4,616.00 | -3,313.00 | -3.00 | 3,587.00 | 108.00 | -884.00 | |
| Non-Cash Balances | ||||||||||||||||
| Depreciation and Amortization | 496.00 | 534.00 | 724.00 | 863.00 | 951.00 | 1,010.00 | 1,289.00 | 1,268.00 | 1,272.00 | 1,362.00 | 1,872.00 | 1,831.00 | 1,775.00 | 1,896.00 | 1,373.00 | |
| Stock Based Compensation | 9.00 | - - | - - | - - | 327.00 | 290.00 | 724.00 | 785.00 | 1,120.00 | 830.00 | 1,818.00 | 1,084.00 | 1,335.00 | 1,431.00 | 2,220.00 | |
| Other | 69.00 | -236.00 | 356.00 | -1,000.00 | -1,265.00 | -1,872.00 | -1,505.00 | -1,510.00 | -1,664.00 | 34.00 | -4,089.00 | -3,600.00 | -5,465.00 | -1,730.00 | -666.00 | |
| Highlighted metrics | ||||||||||||||||
| Free Cash Flow (FCF) | 2,811.00 | 2,620.00 | 3,330.00 | 3,109.00 | 3,266.00 | 2,837.00 | 3,002.00 | 3,627.00 | 3,770.00 | 2,845.00 | 2,680.00 | 6,377.00 | 5,423.00 | 4,772.00 | 5,547.00 | |
| Cash Conversion Cycle (CCC) | 31.00 | 6.00 | 11.00 | 29.00 | 67.00 | 23.00 | 72.00 | 31.00 | 36.00 | 25.00 | 42.00 | 34.00 | 45.00 | -8.00 | 7.00 | |
| Invested Capital | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
|
Other Operating Inflows/Outflows
|
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| Forex Effect on Cash | 52.00 | 162.00 | 74.00 | -152.00 | -191.00 | 21.00 | 135.00 | 167.00 | -218.00 | 97.00 | 110.00 | -214.00 | 484.00 | 133.00 | -388.00 |