37. Notes to the cash flow statement

Cash flow from operating activities includes lease payments with a redemption portion of €52 million (2021/22: €50 million) and an interest portion of €9 million (2021/22: €13 million).

The item ‘other’ in cash flow from operating activities is comprised of other taxes, payroll liabilities, changes in other assets and liabilities as well as deferred income and prepaid expenses. In addition, it includes adjustments of unrealised currency effects and the reclassification of deconsolidation results recognised in EBIT.

The other investments included in cash flow from investing activities primarily relate to payments for intangible assets.

The financial investments comprise bank deposits with a residual term of more than 3 months to 1 year, as well as near-money-market investments that are not classified as cash and cash equivalents, such as units in money market funds.

Proceeds from divestments mainly relate to the sale of a part of the METRO Campus.

The lease payments reported under cash flow from financing activities include the redemption portion of €467 million (2021/22: €435 million) and an interest portion of €124 million (2021/22: €137 million). The redemption portion includes payments for initial direct costs of an immaterial amount.