Akzo Nobel 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	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	58	542	442	352	829	630
Depreciation & Amortization	374	371	357	368	351	361
Asset Writedown & Restructuring Costs	8	-	4	6	3	10
Loss (Gain) on Equity Investments	-35	-23	-27	-18	-26	-25
Other Operating Activities	71	-18	149	128	2	128
Change in Accounts Receivable	12	12	-111	-95	-240	-14
Change in Inventory	-83	-83	131	-134	-439	-84
Change in Accounts Payable	-135	-135	234	-280	274	282
Change in Other Net Operating Assets	581	7	-53	-64	-149	-68
Operating Cash Flow	849	668	1,120	254	604	1,217
Operating Cash Flow Growth	0.83%	-40.36%	340.94%	-57.95%	-50.37%	5191.30%
Capital Expenditures	-323	-306	-286	-292	-288	-258
Cash Acquisitions	2	2	-114	-588	-73	-113
Divestitures	5	1	96	36	22	31
Investment in Securities	222	103	78	-277	191	-112
Other Investing Activities	88	68	82	26	14	25
Investing Cash Flow	-6	-132	-144	-1,095	-134	-427
Long-Term Debt Issued	-	2,807	5,836	9,511	1,143	970
Long-Term Debt Repaid	-	-3,102	-6,295	-7,322	-590	-339
Net Debt Issued (Repaid)	-960	-295	-459	2,189	553	631
Repurchase of Common Stock	-	-	-	-669	-1,135	-555
Common Dividends Paid	-354	-338	-343	-379	-364	-366
Other Financing Activities	-64	-51	-25	-	-28	-63
Financing Cash Flow	-1,378	-684	-827	1,141	-974	-353
Foreign Exchange Rate Adjustments	-44	-32	-94	-14	35	-66
Net Cash Flow	-579	-180	55	286	-469	371
Free Cash Flow	526	362	834	-38	316	959
Free Cash Flow Growth	-1.87%	-56.59%	-	-	-67.05%	-
Free Cash Flow Margin	5.05%	3.38%	7.82%	-0.35%	3.30%	11.24%
Free Cash Flow Per Share	3.06	2.11	4.87	-0.22	1.70	4.99
Cash Interest Paid	176	174	167	78	77	47
Cash Income Tax Paid	249	291	295	224	222	165
Levered Free Cash Flow	307.63	181.25	929.13	49.5	124.38	948.13
Unlevered Free Cash Flow	425.75	300	1,050	115.75	170.63	986.88
Change in Working Capital	375	-199	201	-573	-554	116

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