National Beverage Cash Flow Statement

Financials in millions USD. Fiscal year is June - May.

Millions USD. Fiscal year is Jun - May.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 1, 2025	May '25 May 3, 2025	Apr '24 Apr 27, 2024	Apr '23 Apr 29, 2023	Apr '22 Apr 30, 2022	May '21 May 1, 2021
Net Income	186.53	186.82	176.73	142.16	158.51	174.15
Depreciation & Amortization	21.26	20.8	20.16	33.28	31.8	31.16
Loss (Gain) From Sale of Assets	-	-	-	-	-0.01	0.11
Stock-Based Compensation	0.54	0.61	0.88	0.68	0.7	0.46
Other Operating Activities	16.14	14.99	14.96	-0.68	5.33	-0.13
Change in Accounts Receivable	6.45	-1.32	2.08	-11.33	-7.15	-1.52
Change in Inventory	-4.82	-0.51	8.98	9.74	-31.84	-8
Change in Accounts Payable	-5.82	4.17	-6.82	-10.19	6.55	14.39
Change in Other Net Operating Assets	-28.87	-18.86	-19.06	-2	-30.75	-16.84
Operating Cash Flow	191.41	206.7	197.91	161.67	133.13	193.77
Operating Cash Flow Growth	-2.31%	4.44%	22.42%	21.43%	-31.29%	9.05%
Capital Expenditures	-34.57	-36.28	-30.3	-21.98	-29.02	-25.31
Sale of Property, Plant & Equipment	0.01	0.01	0.05	0.03	0.01	-
Investing Cash Flow	-34.57	-36.28	-30.25	-21.95	-29	-25.31
Long-Term Debt Issued	-	-	-	-	50	-
Long-Term Debt Repaid	-	-	-	-30	-20	-
Net Debt Issued (Repaid)	-	-	-	-30	30	-
Issuance of Common Stock	0.31	0.52	1.31	0.31	0.34	0.49
Repurchase of Common Stock	-0.67	-	-	-	-	-
Financing Cash Flow	-0.36	-303.63	1.31	-29.69	-249.67	-279.39
Net Cash Flow	156.48	-133.21	168.97	110.02	-145.54	-110.93
Free Cash Flow	156.84	170.42	167.61	139.69	104.12	168.46
Free Cash Flow Growth	-6.53%	1.68%	19.99%	34.16%	-38.19%	9.53%
Free Cash Flow Margin	13.08%	14.19%	14.06%	11.91%	9.15%	15.71%
Free Cash Flow Per Share	1.67	1.82	1.79	1.49	1.11	1.80
Cash Interest Paid	0.23	0.12	0.23	0.32	0.37	0.15
Cash Income Tax Paid	58	55.99	55.97	37.83	51.96	63.36
Levered Free Cash Flow	109.64	130.14	118.09	144.6	80.66	141.22
Unlevered Free Cash Flow	109.64	130.14	118.09	144.6	80.66	141.22
Change in Working Capital	-33.06	-16.52	-14.83	-13.78	-63.2	-11.98

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