Circuit arrangement for deriving a measured variable from signals of at least two sensors of a flow meter, which flow meter comprises at least one fluid line and means for exciting oscillations of a predetermined fundamental frequency in the fluid line, the sensors detecting the oscillations and the sensor signals being supplied in parallel by way of a respective A-D converter for each signal to a digital processing unit having a computation circuit in which a phase difference of the sensor signals is determined as a measure of the flow, the digital processing unit comprising a digital multiplier circuit and a digital filter arrangement downstream thereof, the digital multiplier circuit having means to multiply a digital sensor signal from each A-D converter with each one of at least two digital signals, the two digital signals being phase-displaced by 90° with respect to each other and representing sinusoidal oscillations of identical amplitude and of a frequency that varies by a difference frequency from the fundamental frequency, the digital filter arrangement having a pass band that is matched to the difference frequency, each A-D converter comprising a sigma-to-delta converter and a decimator connected downstream thereof, the decimator comprising a Hogenauer circuit having a first matrix of digital integrators followed by a corresponding second matrix of digital differentiating elements.