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

Federal budget¹
	2022	2023	2024	2025	2026	Jan.-July 25	Jan.-Aug. 25	Jan.-Sep. 25	Jan.-Oct. 25

	EUR million

Cash flow budget²
Ordinary budget
Cash outflows	113,712	110,328	120,687	123,233	125,852	69,843	78,497	86,806	98,051
Cash inflows	92,950	102,314	101,568	105,101	107,570	53,793	65,260	75,682	84,187
Net cash balance	−20,762	−8,014	−19,119	−18,132	−18,282	−16,050	−13,237	−11,124	−13,865



Cash flow from financing activities
Cash outflows	120,354	188,218	191,452	304,243	x	109,275	122,373	133,144	166,408
Cash inflows	141,117	196,232	210,572	325,098	x	129,228	140,350	156,049	185,563
Net financing	20,762	8,014	19,120	20,855	x	19,953	17,977	22,905	19,155



Operating budget³
Expenses	108,175	110,042	118,907	126,711	127,026	66,283	74,726	83,526	94,258
Revenues	95,432	99,325	105,152	103,651	107,283	53,559	65,797	75,060	83,352
Net balance	−12,744	−10,717	−13,755	−23,059	−19,744	−12,723	−8,929	−8,466	−10,906

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).