DATA - Federal budget<sup>1</sup>

Federal budget¹
	2021	2022	2023	2024	2025	Jan.-Nov. 24	Jan.-Dec. 24	Jan.-Jan. 25	Jan.-Feb. 25

	EUR million

Cash flow budget²
Ordinary budget
Cash outflows	107,138	113,712	110,328	120,687	123,488	108,052	120,687	9,143	18,945
Cash inflows	89,164	92,950	102,314	101,568	102,633	92,102	101,568	4,904	15,716
Net cash balance	−17,974	−20,762	−8,014	−19,119	−20,855	−15,950	−19,119	−4,240	−3,229



Cash flow from financing activities
Cash outflows	128,195	120,354	188,218	191,452	304,243	184,370	191,452	13,699	30,023
Cash inflows	146,169	141,117	196,232	210,572	325,098	200,996	210,572	19,776	37,386
Net financing	17,974	20,762	8,014	19,120	20,855	16,626	19,120	6,076	7,363



Operating budget³
Expenses	108,778	108,175	110,042	125,215	125,215	102,293	x	8,097	15,689
Revenues	87,205	95,432	99,325	102,481	102,481	94,807	x	4,455	15,714
Net balance	−21,572	−12,744	−10,717	−22,734	−22,734	−7,486	x	−3,642	25

Source: Federal Ministry of Finance.

Yearly data: final budget account up to 2023. 2024: provisional outturn (cash flow budget), budgetary draft (operating budget). Monthly data: provisional outturn.
¹ Data based on new budget rules are only partly comparable (break in time-series: 2008/2009 and 2012/2013).
² The cash flow budget is used to project cash inflows and outflows. It reflects financing activities and serves as the basis for liquidity planning (not consolidated). The balance on cash inflows and outflows denotes the net funding requirements.
³ Revenues and expenses under the accrual basis of accounting as implemented in 2013 (not consolidated).