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

Federal budget¹
	2021	2022	2023	2024	2025	Jan.-Jan. 25	Jan.-Feb. 25	Jan.-Mar. 25	Jan.-Apr. 25

	EUR million

Cash flow budget²
Ordinary budget
Cash outflows	107,138	113,712	110,328	120,687	123,488	9,143	18,945	29,162	39,481
Cash inflows	89,164	92,950	102,314	101,568	102,633	4,899	15,859	21,740	27,045
Net cash balance	−17,974	−20,762	−8,014	−19,119	−20,855	−4,244	−3,086	−7,422	−12,436



Cash flow from financing activities
Cash outflows	128,195	120,354	188,218	191,452	304,243	13,699	30,023	35,687	62,831
Cash inflows	146,169	141,117	196,232	210,572	325,098	19,776	37,386	51,802	81,157
Net financing	17,974	20,762	8,014	19,120	20,855	6,076	7,363	16,114	18,327



Operating budget³
Expenses	108,778	108,175	110,042	118,907	125,215	8,260	15,915	25,843	35,938
Revenues	87,205	95,432	99,325	105,152	102,481	4,572	15,736	22,175	26,359
Net balance	−21,572	−12,744	−10,717	−13,755	−22,734	−3,688	−179	−3,668	−9,580

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).