Consolidated financial statements

Assets in m €

31/12/2022 % 31/12/2021 %
Intangible assets 29 0.2 29 0.2
Tangible assets 3,808 24.7 3,629 24.9
Investments accounted for using the equity
method
8 0.1 7 0.0
Non-current financial assets 227 1.5 208 1.4
Deferred tax assets 222 1.4 256 1.8
Non-current assets

4,294 27.9 4,129 28.3
Inventories 5,662 36.8 4,447 30.6
Receivables 2,500 16.2 2,180 15.0
Income tax receivables 84 0.5 82 0.6
Current financial assets 1,394 9.1 1,565 10.8
Cash and cash equivalents 1,465 9.5 2,145 14.7
Current assets

11,105 72.1 10,419 71.7
Total assets

15,399 100.0 14,548 100.0
Equity and liabilities in m €

31/12/2022 % 31/12/2021 %
Share capital 62 0.4 62 0.4
Other reserves and retained earnings 8,596 55.8 8,290 57.0
Equity of Liebherr-International AG shareholders

8,658 56.2 8,352 57.4
Non-controlling interests 16 0.1 19 0.1
Equity

8,674 56.3 8,371 57.5
Non-current financial liabilities 1,235 8.0 1,213 8.3
Post-employment benefits 678 4.4 996 6.9
Deferred tax liabilities 63 0.4 63 0.4
Non-current provisions 34 0.2 42 0.3
Other non-current liabilities 64 0.4 70 0.5
Non-current liabilities

2,074 13.4 2,384 16.4
Current financial liabilities 1,101 7.2 823 5.7
Payments received in advance 665 4.3 427 2.9
Income tax liabilities 130 0.8 111 0.8
Current provisions 682 4.5 656 4.5
Other current liabilities 2,073 13.5 1,776 12.2
Current liabilities

4,651 30.3 3,793 26.1
Total equity and liabilities

15,399 100.0 14,548 100.0
Consolidated balance sheet
in m € 31/12/2022 % 31/12/2021 %
Turnover 12,589 91.7 11,639 95.4
Increase or decrease of work in progress and finished goods 524 3.8 -24 -0.2
Other own work capitalised 328 2.4 333 2.7
Other operating income 289 2.1 261 2.1
Operating income 13,730 100,0 12,209 100.0
Cost of materials -7,554 -55.0 -6,505 -53.3
Personnel expenses -3,394 -24.7 -3,072 -25.2
Depreciation of non-current assets -528 -3,8 -507 -4.2
Other operating expenses -1,800 -13.1 -1,413 -11.6
Operating expenses -13,276 -96.6 -11,497 -94.3
Operating result 454 3.4 712 5.7
Finance income 1,353 9.9 593 4.9
Finance cost -1,562 -11.4 -493 -4.0
Share of net profit of associates and joint ventures accounted for using the equity method 1 0.0 0 0.0
Finance result -208 -1.5 100 0.9
Result before tax 246 1.9 812 6.6
Taxes on income -244 -1.8 -267 -2.2
Result after tax 2 0.1 545 4.4
of which shareholders of Liebherr-International AG 1 0.1 544 4.4
of which non-controlling interests 1 0.0 1 0.0
Consolidated income statement
in m € 31/12/2022 31/12/2021
Result after tax 2 545
Post-employment benefits 345 54
Deferred tax -46 -10
Items that will not be reclassified to profit or loss 299 44
Foreign exchange translation differences 51 82
Changes of fair value in cash flow hedges 3 -74
Deferred tax 1 13
Items that may be reclassified to profit or loss 55 21
Other comprehensive income 354 65
Comprehensive income 356 610
of which shareholders of Liebherr-International AG 355 607
of which non-controlling interests 1 3
Consolidated statement of comprehensive income
in m €




Share capital Financial assets
at OCI
Foreign exchange translation differences Other reserves and retained earnings Equity of Liebherr-International AG shareholders Non-controlling interests Group equity
31/12/2020 62 53 -64 7,717 7,768 16 7,784
Result after tax       544 544 1 545
Other comprehensive income   -61 80 44 63 2 65
Comprehensive income   -61 80 588 607 3 610
Dividends       -23 -23 0 -23
Changes in shares of non-controlling interests       0 0 0 0
31/12/2021 62 -8 16 8,282 8,352 19 8,371
Result after tax       1 1 1 2
Other comprehensive income   4 51 299 354 0 354
Comprehensive income   4 51 300 355 1 356
Dividends       -50 -50 0 -50
Changes in shares of non-controlling interests       1 1 -4 -3
31/12/2022 62 -4 67 8,533 8,658 16 8,674
Consolidated statement of changes in equity
in m € 31/12/2022 31/12/2021
Result after tax 2 545
Depreciation of non-current assets 528 507
Fair Value changes in marketable securities (current assets) 209 -81
Gain / Loss on disposal of non-current assets 2 4
Change in provisions and post-employment benefits 40 41
Other non-cash items -62 -69
Change in stock -1,168 -278
Change in receivables and other current assets -341 -181
Change in other liabilities 547 468
Change in rental fleet

-154 -118
Net cash flow from operating activities

-415 838
Payment for investments in intangible assets -10 -9
Payment for investments in tangible assets -500 -357
Payment for investments in marketable securities in current assets -220 -236
Proceeds from sales of tangible assets 24 14
Proceeds from sales of marketable securities (current assets) 189 178
Other proceeds from investing activities

13 11
Net cash flow from investing activities

-503 -399
Dividends paid, other distributions and equity capital repaid -50 -23
Proceeds from current or non-current financial liabilities 779 281
Repayment of current or non-current financial liabilities

-500 -598
Net cash flow from financing activities

229 -340
Net decrease / increase in cash and cash equivalents

-689 99
Effects of exchange rate changes on cash and equivalents 9 10
Cash and cash equivalents at beginning of period

2,145 2,036
Cash and cash equivalents at end of period 1,465 2,145
Income tax paid and reimbursed -238 -288
Interest paid -41 -28
Interest received 43 38
Consolidated cash flow statement

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Facts and figures 2022
Facts and figures 2022 (PDF, 2.4 MB)