Boards of the Company

Consolidated statement of changes in equity

<h1>Consolidated statement of cash flows</h1>

Consolidated statement of cash flows

Konzern-Kapitalflussrechnung

An international organization, headquartered in Montreal, which represents airport operators. Around 1,950 airports in almost all of the countries in the world are ACI members, including more than 500 airports in 55 European countries.

Airports Council International (ACI)

The umbrella organization of all passenger airports in Germany, Switzerland, and Austria. The organization works to promote Germany as a strong and competitive center of aviation.

German Airports Association (ADV)

The European Aviation Safety Agency is the European Union's flight safety body for civil aviation, and is based in Cologne.

European Aviation Safety Agency (EASA)

The variable PM10 (particulate matter &lt; 10 μm) describes the proportion of particulate matter with a particle diameter of up to 10 μm. As a subset of PM10, PM2.5 contains even smaller particles.

Particulate matter

An independent institution based in Amsterdam that publishes globally recognized guidelines on sustainability reporting. The GRI standards create a shared language for organizations and stakeholders that can be used to communicate and understand the economic, environmental, and social impacts of organizations. Its aim is to establish a common baseline for communication and to ensure the comparability of sustainability reports. GRI celebrated its 25th anniversary in September 2022.

Global Reporting Initiative (GRI)

Globally recognized instrument used to quantify and manage greenhouse gas emissions. The GHG Protocol defines requirements governing the calculation of greenhouse gas emissions on an organization-wide scale and the implementation of projects to reduce emissions.

Greenhouse Gas Protocol (GHG Protocol)

In addition to their two or four main engines, today’s commercial aircraft have a smaller auxiliary power unit. The APU is used to start the main engines and to generate electrical power when the plane is on the ground.

Auxiliary turbine or Auxiliary Power Unit (APU)

Headquartered in Montreal, the International Civil Aviation Organization is an agency of the United Nations. It has a total of 193 contracting states. &nbsp;The goal of the ICAO and its members is to ensure the safe and sustainable development of civil aviation.

International Civil Aviation Organization (ICAO)

The landing and take-off cycle refers to aircraft CO₂ emissions on the ground and during take-off and landing below 3,000&nbsp;feet (914&nbsp;meters). Up to this internationally defined height, any greenhouse gases associated with aircraft turbines are attributed to the airports concerned and distances from the airport of about 8&nbsp;kilometers in the case of departing aircraft, depending on the climbout, and 17&nbsp;kilometers in the case of arriving aircraft.

Landing and take-off cycle (LTO cycle)

A measurement unit used to track all commercial passenger and cargo traffic. One TU is equivalent to one passenger arriving at or departing from an airport with hand luggage (a total of 100&nbsp;kilograms) or 100&nbsp;kilograms of airfreight or airmail turned over or a combination of passenger volumes (arrivals and departures) and the local airfreight and airmail volumes (unloaded and loaded).

		Disclosure	2022	2021
	Total comprehensive income		−49,460	−250,766
+	Deferred taxes not affecting profit or loss		2,764	2,676
+	Actuarial gains and losses		−7,776	−491
+	Cash flow hedging		−3,055	−12,719
+	Changes due to foreign currency translation		−1,267	4
	Profit/loss for the year (EAT)		−58,794	−261,296
	Result from companies accounted for using the equity method		216	2,576
	Income taxes		−6,564	−74,961
	Financial result		37,395	48,014
	Operating result (EBIT)		−27,747	−285,667
	Depreciation and amortization		266,400	239,851
	Balance of gains/losses from the changes to the consolidation scope		204	0
	Balance of gains/losses from the disposal of fixed assets and reclassifications from fixed assets		−2,091	−3,189
	Increase/decrease in inventories		−2,345	5,539
	Increase/decrease in current receivables		−34,575	3,269
	Increase/decrease in liabilities		19,592	31,176
	Increase/decrease in employee benefits		−19,490	−38,759
	Increase/decrease in other provisions		−21,041	−868
	Increase/decrease in other assets/liabilities not related to investing or financing activities		−14,749	2,082
	Gross cash flow from operating activities		164,158	−46,566
	Net income taxes paid/received		−4,732	747
	Cash flow from operating activities		159,426	−45,819
	Proceeds from the sale of owner-occupied property, plant, and equipment		10,697	19,801
	Proceeds from the sale of intangible assets		631	639
	Proceeds from the sale of investment property		3	0
	Payments from the sale of subsidiaries		−3,045	0
	Payments for investments in owner-occupied property, plant, and equipment		−167,031	−244,628
	Payments for investments in intangible assets		−1,122	−2,115
	Payments for investments in investment property		−9,432	−1,441
	Interest received		1,149	1,104
	Disbursements in connection with companies not fully consolidated		0	−1,960
	Proceeds from short-term deposits		3,001	33,000
+	Cash flow from investing activities		−165,149	−195,600
	Proceeds from borrowings	IX.	216,692	438,350
	Repayments of borrowings from banks	IX.	−150,681	−158,394
	Repayments of lease liabilities	IX.	−5,250	−5,340
	Interest payments from lease liabilities	IX.	−254	−269
	Cash inflows from Group-wide cash management with associated and affiliated companies	IX.	476	5,121
	Interest paid (excluding borrowing costs for qualifying assets)	IX.	−37,500	−24,116
	Payments for borrowing costs for qualifying assets	IX.	−3,912	−6,687
+	Cash flow from financing activities	IX.	19,571	248,665
	Change in cash and cash equivalents		13,848	7,246
	Cash and cash equivalents at the beginning of the year		16,963	9,717
	Cash and cash equivalents at the end of the year		30,811	16,963

Munich Airport

Integrated Report 2022

Consolidated statement of cash flows