Lulu Retail Holdings Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	225.81	249.2	221.77	14.05	7.55
Depreciation & Amortization	375.72	378.77	415.84	404.59	387.92
Loss (Gain) From Sale of Assets	-0.16	-0.17	-18.1	-1.87	-3.2
Asset Writedown & Restructuring Costs	-	3.56	17.85	-	0.01
Provision & Write-off of Bad Debts	-	-	0.45	-	-
Other Operating Activities	2.27	-67.61	-209.08	25.01	5.84
Change in Accounts Receivable	44.25	-49.75	-81.59	-113.62	-57.78
Change in Inventory	-48.13	-99.03	20.57	-98.81	-10.35
Change in Accounts Payable	-71.08	-71.08	22.45	94.86	57.99
Change in Other Net Operating Assets	9.35	-23.96	-304.92	-133.93	57.04
Operating Cash Flow	543.24	358.13	139.38	202.94	462.51
Operating Cash Flow Growth	261.93%	156.94%	-31.32%	-56.12%	-
Capital Expenditures	-144.58	-141.71	-155.1	-162.81	-224.33
Sale of Property, Plant & Equipment	4.52	4.99	1.23	0.81	11.78
Investing Cash Flow	-140.07	-136.75	-155	-162.5	-205.15
Short-Term Debt Issued	-	-	1,016	509.66	511.5
Long-Term Debt Issued	-	2,331	3,257	-	-
Total Debt Issued	2,356	2,331	4,273	509.66	511.5
Short-Term Debt Repaid	-	-343.95	-135.8	-	-
Long-Term Debt Repaid	-	-2,138	-4,283	-401.15	-722.29
Total Debt Repaid	-2,602	-2,482	-4,419	-401.15	-722.29
Net Debt Issued (Repaid)	-245.33	-151.39	-145.75	108.51	-210.79
Common Dividends Paid	-	-	-	-30.5	-37.09
Financing Cash Flow	-245.33	-151.39	-145.75	78.01	-247.87
Foreign Exchange Rate Adjustments	6.69	-2.65	-1.16	-3.63	-2.42
Net Cash Flow	164.52	67.34	-162.53	114.82	7.07
Free Cash Flow	398.65	216.42	-15.72	40.13	238.18
Free Cash Flow Growth	2142.64%	-	-	-83.15%	-
Free Cash Flow Margin	5.14%	2.84%	-0.22%	0.58%	3.77%
Free Cash Flow Per Share	0.04	0.02	-0.00	0.00	0.02
Cash Interest Paid	159.84	159.84	271.57	251.58	194.61
Cash Income Tax Paid	32.87	32.87	19.97	19.47	15.82
Levered Free Cash Flow	106.63	317.97	1,319	428.81	-
Unlevered Free Cash Flow	204.04	416.62	1,480	574.42	-
Change in Net Working Capital	289.07	74.93	-1,009	-146.53	-

Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.