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

Federal budget¹
	2022	2023	2024	2025	2026	Jan.-Apr. 26	Jan.-May 26	Jan.-June 26	Jan.-July 26

	EUR million

Cash flow budget²
Ordinary budget
Cash outflows	113,712	110,328	120,687	121,469	125,852	40,668	51,050	62,555	71,980
Cash inflows	92,950	102,314	101,568	107,100	107,570	28,418	41,324	49,238	56,668
Net cash balance	−20,762	−8,014	−19,119	−14,369	−18,282	−12,250	−9,725	−13,317	−15,313



Cash flow from financing activities
Cash outflows	120,354	188,218	191,452	205,820	260,388	91,008	117,066	127,395	143,652
Cash inflows	141,117	196,232	210,572	220,188	278,670	107,623	131,307	146,734	162,364
Net financing	20,762	8,014	19,120	14,369	18,282	16,615	14,241	19,339	18,712



Operating budget³
Expenses	108,175	110,042	118,907	126,711	127,026	38,128	47,420	59,685	68,334
Revenues	95,432	99,325	105,152	103,651	107,283	28,265	41,458	49,058	56,019
Net balance	−12,744	−10,717	−13,755	−23,059	−19,744	−9,863	−5,961	−10,627	−12,315

Source: Federal Ministry of Finance.

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