Ameren 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
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
Net Income	1,411	1,182	1,152	1,074	990	871
Depreciation & Amortization	1,418	1,381	1,288	1,279	1,152	1,060
Other Amortization	243	243	228	180	148	115
Stock-Based Compensation	27	28	26	24	22	21
Change in Accounts Receivable	-264	-91	144	-317	-74	-47
Change in Inventory	-12	-31	-67	-77	-71	-25
Change in Accounts Payable	-1	4	-104	136	28	40
Change in Income Taxes	165	34	-4	-13	1	34
Change in Other Net Operating Assets	41	-130	-295	-223	-672	-486
Other Operating Activities	186	143	196	200	137	144
Operating Cash Flow	3,214	2,763	2,564	2,263	1,661	1,727
Operating Cash Flow Growth	29.65%	7.76%	13.30%	36.24%	-3.82%	-20.41%
Capital Expenditures	-4,408	-4,319	-3,597	-3,351	-3,479	-3,233
Nuclear Fuel Expenditures	-54	-91	-174	-29	-44	-66
Contributions to Nuclear Demissioning Trust	-458	-584	-266	-229	-452	-224
Other Investing Activities	458	538	239	239	447	194
Investing Cash Flow	-4,462	-4,456	-3,798	-3,370	-3,528	-3,329
Short-Term Debt Issued	-	607	-	522	55	50
Long-Term Debt Issued	-	2,535	2,295	1,467	1,997	2,183
Total Debt Issued	2,490	3,142	2,295	1,989	2,052	2,233
Short-Term Debt Repaid	-	-	-533	-	-	-
Long-Term Debt Repaid	-	-893	-100	-505	-8	-442
Total Debt Repaid	-607	-893	-633	-505	-8	-442
Net Debt Issued (Repaid)	1,883	2,249	1,662	1,484	2,044	1,791
Issuance of Common Stock	278	273	346	333	308	476
Repurchase of Common Stock	-13	-8	-20	-16	-17	-20
Common Dividends Paid	-755	-714	-662	-610	-565	-494
Other Financing Activities	-34	-51	-36	-23	-49	-26
Financing Cash Flow	1,359	1,749	1,290	1,168	1,721	1,727
Net Cash Flow	111	56	56	61	-146	125
Free Cash Flow	-1,248	-1,647	-1,207	-1,117	-1,862	-1,572
Free Cash Flow Margin	-14.45%	-22.49%	-16.73%	-14.58%	-30.43%	-28.38%
Free Cash Flow Per Share	-4.61	-6.16	-4.58	-4.30	-7.23	-6.32
Cash Interest Paid	611	611	546	476	426	383
Cash Income Tax Paid	-	-92	-24	-8	-1	13
Levered Free Cash Flow	-2,118	-2,151	-1,159	-1,425	-1,866	-1,520
Unlevered Free Cash Flow	-1,674	-1,756	-820.88	-1,142	-1,650	-1,280
Change in Working Capital	-71	-214	-326	-494	-788	-484

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