Coca-Cola FEMSA Cash Flow Statement

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

Millions MXN. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	23,845	23,729	19,536	19,034	15,708
Depreciation & Amortization	13,496	11,349	10,013	9,903	9,240
Other Amortization	1,248	1,630	1,405	1,412	1,281
Loss (Gain) From Sale of Assets	147	395	93	-73	144
Loss (Gain) From Sale of Investments	13	-	143	-	250
Loss (Gain) on Equity Investments	-531	-306	-215	-386	-88
Other Operating Activities	7,172	8,042	10,126	6,718	6,992
Change in Accounts Receivable	-4,220	-2,299	-1,605	-3,420	-2,041
Change in Inventory	-591	-2,215	-779	-179	-2,262
Change in Accounts Payable	-7,584	5,146	3,742	3,420	4,448
Change in Other Net Operating Assets	-2,222	-3,029	-170	-938	-951
Operating Cash Flow	30,773	42,442	42,289	35,491	32,721
Operating Cash Flow Growth	-27.49%	0.36%	19.15%	8.47%	-6.90%
Capital Expenditures	-21,665	-23,944	-19,613	-16,756	-9,344
Sale of Property, Plant & Equipment	-	-	-	-	259
Cash Acquisitions	-	-	-	-2,356	-
Sale (Purchase) of Intangibles	-2,125	-1,848	-1,019	-979	-645
Investment in Securities	-514	-751	-1,280	-558	1
Other Investing Activities	3,197	3,151	1,842	1,052	182
Investing Cash Flow	-21,107	-23,392	-20,070	-19,597	-9,547
Long-Term Debt Issued	14,988	1,394	151	6,089	11,191
Long-Term Debt Repaid	-4,036	-884	-9,091	-9,063	-14,818
Net Debt Issued (Repaid)	10,952	510	-8,940	-2,974	-3,627
Common Dividends Paid	-15,337	-12,773	-12,185	-11,407	-10,588
Other Financing Activities	-7,763	-7,379	-5,227	-6,466	-6,048
Financing Cash Flow	-12,148	-19,642	-26,352	-20,847	-20,263
Foreign Exchange Rate Adjustments	-2,230	2,311	-5,084	-2,018	840
Net Cash Flow	-4,712	1,719	-9,217	-6,971	3,751
Free Cash Flow	9,108	18,498	22,676	18,735	23,377
Free Cash Flow Growth	-50.76%	-18.43%	21.04%	-19.86%	-8.30%
Free Cash Flow Margin	3.12%	6.61%	9.25%	8.26%	12.00%
Free Cash Flow Per Share	43.36	88.06	107.95	89.19	111.29
Cash Interest Paid	5,380	5,009	4,815	4,863	4,747
Cash Income Tax Paid	12,605	9,672	5,300	5,298	6,106
Levered Free Cash Flow	1,798	9,958	14,751	8,747	15,668
Unlevered Free Cash Flow	6,975	14,236	19,004	12,631	19,383
Change in Working Capital	-14,617	-2,397	1,188	-1,117	-806

Source: S&P Global Market Intelligence. Standard template. Financial Sources.