Ardagh Metal Packaging 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	FY 2020	2018 - 2019
Period Ending	Sep '25 Sep 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	2018 - 2019
Net Income	16	-3	-50	237	-210	111	Upgrade
Depreciation & Amortization	452	441	411	359	343	315	Upgrade
Other Amortization	8	8	7	-	-	-	Upgrade
Other Operating Activities	-6	-36	-22	-189	309	-99	Upgrade
Change in Other Net Operating Assets	-4	40	270	-202	16	7	Upgrade
Operating Cash Flow	466	450	616	205	458	334	Upgrade
Operating Cash Flow Growth	-7.36%	-26.95%	200.49%	-55.24%	37.13%	-11.41%	Upgrade
Capital Expenditures	-157	-167	-368	-585	-679	-263	Upgrade
Sale of Property, Plant & Equipment	-1	8	1	1	1	-	Upgrade
Cash Acquisitions	-	-	-	-	-5	-	Upgrade
Sale (Purchase) of Intangibles	-20	-20	-11	-11	-8	-5	Upgrade
Investing Cash Flow	-178	-179	-378	-595	-691	-268	Upgrade
Short-Term Debt Issued	-	-	-	-	2	-	Upgrade
Long-Term Debt Issued	-	517	79	709	2,773	-	Upgrade
Total Debt Issued	30	517	79	709	2,775	-	Upgrade
Short-Term Debt Repaid	-	-	-	-	-2,738	-	Upgrade
Long-Term Debt Repaid	-	-326	-161	-169	-53	-43	Upgrade
Total Debt Repaid	-123	-326	-161	-169	-2,791	-43	Upgrade
Net Debt Issued (Repaid)	-93	191	-82	540	-16	-43	Upgrade
Issuance of Common Stock	-	-	-	-	925	-	Upgrade
Repurchase of Common Stock	-	-	-	-35	-	-	Upgrade
Preferred Dividends Paid	-24	-24	-24	-	-	-	Upgrade
Common Dividends Paid	-240	-240	-239	-	-	-	Upgrade
Dividends Paid	-264	-264	-263	-251	-	-	Upgrade
Other Financing Activities	-8	-8	-3	-12	-455	-55	Upgrade
Financing Cash Flow	-365	-81	-348	499	454	-98	Upgrade
Foreign Exchange Rate Adjustments	1	-23	-2	-17	-15	5	Upgrade
Net Cash Flow	-76	167	-112	92	206	-27	Upgrade
Free Cash Flow	309	283	248	-380	-221	71	Upgrade
Free Cash Flow Growth	3.34%	14.11%	-	-	-	-59.66%	Upgrade
Free Cash Flow Margin	5.78%	5.77%	5.15%	-8.10%	-5.45%	2.06%	Upgrade
Free Cash Flow Per Share	0.52	0.47	0.41	-0.63	-0.41	0.14	Upgrade
Cash Income Tax Paid	29	28	14	35	48	41	Upgrade
Levered Free Cash Flow	292.25	223.13	371.13	-255.75	-227.38	38.88	Upgrade
Unlevered Free Cash Flow	405.38	326.25	468.63	-177.63	-150.5	133.88	Upgrade
Change in Working Capital	-4	40	270	-202	16	7	Upgrade

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