Talanx AG (ETR:TLX)
Germany · Delayed Price · Currency is EUR 123.50
-0.50 (-0.40%)
Aug 27, 2026, 10:29 AM CET
Talanx AG Cash Flow Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 2,606 | 2,480 | 1,977 | 1,581 | 706 | 1,011 |
Depreciation & Amortization | 329 | 286 | 498 | 456 | 366 | 332 |
Other Amortization | 76 | 76 | - | - | - | - |
Gain (Loss) on Sale of Investments | - | - | - | - | - | -1,344 |
Reinsurance Recoverable | 276 | -185 | -495 | 526 | -44 | - |
Change in Insurance Reserves / Liabilities | 6,507 | 2,782 | 6,937 | 8,484 | -17,684 | 10,700 |
Change in Other Net Operating Assets | -48 | 217 | 1,269 | 1,145 | 46 | -1,156 |
Other Operating Activities | -123 | 2,717 | -1,755 | -4,097 | 22,486 | 789 |
Operating Cash Flow | 9,621 | 8,373 | 8,431 | 8,095 | 5,876 | 10,049 |
Operating Cash Flow Growth | 21.19% | -0.69% | 4.15% | 37.76% | -41.53% | 64.58% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | - | - | - | - | - | -169 |
Sale of Property, Plant & Equipment | - | - | - | - | - | 11 |
Cash Acquisitions | - | - | -299 | -1,299 | -63 | -213 |
Investment in Securities | -8,351 | -5,592 | -6,342 | -3,258 | -6,427 | -6,333 |
Other Investing Activities | -3 | 112 | 87 | -123 | 36 | -2,071 |
Investing Cash Flow | -8,728 | -5,733 | -6,794 | -5,029 | -6,862 | -10,061 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Long-Term Debt Issued | - | 126 | 765 | 1,155 | 2,147 | - |
Total Debt Repaid | -334 | -856 | -1,200 | -2,024 | -873 | - |
Net Debt Issued (Repaid) | 750 | -730 | -435 | -869 | 1,274 | - |
Issuance of Common Stock | - | - | - | 297 | 9 | 13 |
Repurchases of Common Stock | - | - | -2 | - | - | - |
Common Dividends Paid | -930 | -697 | -607 | -507 | -405 | -379 |
Other Financing Activities | -1,392 | -619 | -540 | -406 | -357 | 794 |
Financing Cash Flow | -1,572 | -2,046 | -1,584 | -1,485 | 521 | 428 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -272 | -501 | 14 | -76 | 67 | 116 |
Miscellaneous Cash Flow Adjustments | 2 | - | -1 | 1 | -7 | 2 |
Net Cash Flow | -949 | 93 | 66 | 1,506 | -405 | 534 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 9,621 | 8,373 | 8,431 | 8,095 | 5,876 | 9,880 |
Free Cash Flow Growth | 21.19% | -0.69% | 4.15% | 37.76% | -40.53% | 66.11% |
Free Cash Flow Margin | 22.62% | 18.27% | 20.36% | 21.14% | 14.73% | 22.60% |
Free Cash Flow Per Share | 37.26 | 32.42 | 32.65 | 31.78 | 23.21 | 39.08 |
Levered Free Cash Flow | 2,646 | 5,313 | -173.99 | 3,256 | -39,924 | 4,063 |
Unlevered Free Cash Flow | 2,875 | 5,533 | 58.51 | 3,483 | -39,779 | 4,202 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 1,115 | 937 | 827 | 573 | 609 | 581 |
Cash Income Tax Paid | 1,329 | 1,447 | 829 | 542 | 227 | 144 |
Change in Working Capital | 6,735 | 2,814 | 7,711 | 10,155 | -17,682 | 9,261 |