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

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

	EUR million

Cash flow budget²
Ordinary budget
Cash outflows	113,712	110,328	120,687	123,233	125,852	108,388	121,464	8,778	19,316
Cash inflows	92,950	102,314	101,568	105,101	107,570	96,684	106,772	5,655	17,127
Net cash balance	−20,762	−8,014	−19,119	−18,132	−18,282	−11,704	−14,692	−3,123	−2,189



Cash flow from financing activities
Cash outflows	120,354	188,218	191,452	205,820	260,388	191,611	205,820	28,329	44,687
Cash inflows	141,117	196,232	210,572	220,213	278,670	205,743	220,213	39,309	58,266
Net financing	20,762	8,014	19,120	14,394	18,282	14,132	14,394	10,980	13,579



Operating budget³
Expenses	108,175	110,042	118,907	126,711	127,026	104,583	119,924	8,305	16,538
Revenues	95,432	99,325	105,152	103,651	107,283	96,539	105,543	4,865	17,556
Net balance	−12,744	−10,717	−13,755	−23,059	−19,744	−8,043	−14,381	−3,440	1,018

Source: Federal Ministry of Finance.

Yearly data: final budget account up to 2024. 2025: provisional 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).