Publicis Groupe Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	1,711	1,660	1,312	1,222	1,027	576
Depreciation & Amortization	607	606	595	822	733	939
Other Amortization	123	123	155	-	-	-
Loss (Gain) From Sale of Assets	2	-13	-1	103	28	-6
Asset Writedown & Restructuring Costs	76	86	153	109	122	241
Loss (Gain) From Sale of Investments	-4	-10	1	-	-	-
Loss (Gain) on Equity Investments	-2	2	-6	-5	-	1
Stock-Based Compensation	99	91	85	64	52	55
Other Operating Activities	-26	-83	-237	107	46	113
Change in Accounts Receivable	-1,611	-1,449	-1,941	-710	-1,218	-24
Change in Inventory	-158	-34	-22	-46	-23	139
Change in Accounts Payable	2,108	1,327	1,977	751	1,025	932
Change in Other Net Operating Assets	-616	-5	-23	-	-	-
Operating Cash Flow	2,309	2,301	2,048	2,417	1,792	2,966
Operating Cash Flow Growth	48.49%	12.35%	-15.27%	34.88%	-39.58%	26.64%
Capital Expenditures	-234	-238	-180	-198	-139	-167
Sale of Property, Plant & Equipment	2	3	2	4	3	12
Cash Acquisitions	-1,119	-915	-194	-523	-276	-146
Divestitures	-	-	11	-43	3	1
Investment in Securities	11	34	13	11	4	-9
Investing Cash Flow	-1,340	-1,116	-348	-749	-405	-309
Long-Term Debt Issued	-	1	5	-	9	2
Long-Term Debt Repaid	-	-972	-846	-327	-1,157	-1,686
Net Debt Issued (Repaid)	-476	-971	-841	-327	-1,148	-1,684
Issuance of Common Stock	-	-	-	41	-	8
Repurchase of Common Stock	-178	-148	-189	-	-127	-
Common Dividends Paid	-853	-853	-726	-83.2	-227	-102
Other Financing Activities	-79	-35	1	-111	-173	-210
Financing Cash Flow	-1,586	-2,007	-1,755	-1,000	-1,675	-1,988
Foreign Exchange Rate Adjustments	-258	215	-311	300	238	-379
Net Cash Flow	-875	-607	-366	968	-50	290
Free Cash Flow	2,075	2,063	1,868	2,219	1,653	2,799
Free Cash Flow Growth	56.02%	10.44%	-15.82%	34.24%	-40.94%	32.65%
Free Cash Flow Margin	12.31%	12.87%	12.62%	15.63%	14.08%	25.95%
Free Cash Flow Per Share	8.18	8.14	7.35	8.75	6.57	11.57
Cash Interest Paid	203	189	178	188	176	261
Cash Income Tax Paid	629	655	669	430	362	293
Levered Free Cash Flow	1,672	2,051	1,743	2,202	1,608	2,311
Unlevered Free Cash Flow	1,800	2,180	1,868	2,330	1,723	2,474
Change in Working Capital	-277	-161	-9	-5	-216	1,047

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.