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

Federal budget¹
	2022	2023	2024	2025	2026	Jan.-Oct. 25	Jan.-Nov. 25	Jan.-Dec. 25	Jan.-Jan. 26

	EUR million

Cash flow budget²
Ordinary budget
Cash outflows	113,712	110,328	120,687	121,468	125,852	98,051	108,388	121,464	8,778
Cash inflows	92,950	102,314	101,568	107,074	107,570	84,187	96,684	106,772	5,655
Net cash balance	−20,762	−8,014	−19,119	−14,394	−18,282	−13,865	−11,704	−14,692	−3,124



Cash flow from financing activities
Cash outflows	120,354	188,218	191,452	205,820	260,388	166,408	191,611	205,820	28,329
Cash inflows	141,117	196,232	210,572	220,213	278,670	185,563	205,743	220,213	39,309
Net financing	20,762	8,014	19,120	14,394	18,282	19,155	14,132	14,394	10,980



Operating budget³
Expenses	108,175	110,042	118,907	126,711	127,026	94,445	104,310	x	8,238
Revenues	95,432	99,325	105,152	103,651	107,283	83,706	96,511	x	4,833
Net balance	−12,744	−10,717	−13,755	−23,059	−19,744	−10,739	−7,799	x	−3,404

Source: Federal Ministry of Finance.

Yearly data: final budget account up to 2024. 2025 and 2026: draft 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).