Affiliated Managers Group, Inc. (FRA:AFS)

Affiliated Managers Group Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	740.6	906.1	1,388	565.7
Depreciation & Amortization	42.4	61.3	67.4	52.3
Loss (Gain) From Sale of Investments	-39.3	-84.2	-103.5	-108.7
Loss (Gain) on Equity Investments	91.2	210.8	55.4	95
Stock-Based Compensation	111.6	112.1	113.8	126.7
Other Operating Activities	56.7	-112.5	-592.1	459.8
Change in Accounts Receivable	-44.2	-48.4	87	31.7
Change in Accounts Payable	-19.2	-189.4	9.9	64.5
Change in Other Net Operating Assets	6.6	9.2	41.6	23.8
Operating Cash Flow	932.1	874.3	1,055	1,259
Operating Cash Flow Growth	6.61%	-17.10%	-16.24%	24.76%
Capital Expenditures	-3.4	-12.4	-11.4	-8.4
Investment in Securities	382.5	276.9	-98.5	-575.3
Investing Cash Flow	379.1	264.5	-109.9	-583.7
Long-Term Debt Issued	847.6	25	-	200
Long-Term Debt Repaid	-750	-25	-60.8	-33
Net Debt Issued (Repaid)	97.6	-	-60.8	167
Issuance of Common Stock	6.3	13.4	15.2	117.7
Repurchase of Common Stock	-816.3	-409.3	-775.3	-745.8
Common Dividends Paid	-1.4	-1.5	-1.6	-1.7
Other Financing Activities	-462.1	-360.9	-580.4	-335.5
Financing Cash Flow	-1,176	-758.3	-1,403	-798.3
Foreign Exchange Rate Adjustments	-4.2	6.9	-22.6	-0.8
Miscellaneous Cash Flow Adjustments	5.3	-3	1.4	-7.6
Net Cash Flow	136.4	384.4	-479.3	-131.2
Free Cash Flow	928.7	861.9	1,043	1,251
Free Cash Flow Growth	7.75%	-17.39%	-16.59%	24.98%
Free Cash Flow Margin	45.50%	41.88%	44.79%	51.85%
Free Cash Flow Per Share	25.73	20.42	21.29	27.92
Cash Interest Paid	138.2	110.4	109.4	103
Cash Income Tax Paid	142.5	314.5	120.2	87.1
Levered Free Cash Flow	394.29	171.25	688.56	857.93
Unlevered Free Cash Flow	477.6	248.63	760.06	927.55
Change in Working Capital	-71.1	-219.3	125.6	68.4

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