Avista 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	189	180	171	155	147.33	129.49
Depreciation & Amortization	286	274	265	253	232.18	224.22
Other Amortization	3	2	3	2	2.61	3.24
Loss (Gain) on Sale of Assets	16	5	3	-50	-23.19	-5.17
Stock-Based Compensation	9	9	8	9	4.71	5.85
Change in Accounts Receivable	-23	3	37	-56	-46.11	-10.96
Change in Inventory	-50	-40	-52	-23	-17.28	-0.87
Change in Accounts Payable	7	-8	-66	66	33.37	-10.15
Change in Income Taxes	-28	-3	2	-1	20.2	-41.36
Change in Other Net Operating Assets	12	47	118	-126	-12.56	14.71
Other Operating Activities	63	65	-42	-105	-73.92	22.02
Operating Cash Flow	484	534	447	124	267.34	331
Operating Cash Flow Growth	-2.75%	19.46%	260.48%	-53.62%	-19.23%	-16.88%
Capital Expenditures	-507	-533	-499	-452	-439.94	-404.31
Investment in Securities	-5	-10	-10	-9	-7.7	0.86
Other Investing Activities	10	4	-1	1	2.72	-7.3
Investing Cash Flow	-502	-539	-510	-460	-444.92	-410.74
Short-Term Debt Issued	-	5	-	179	81	17.2
Long-Term Debt Issued	-	84	250	400	140	165
Total Debt Issued	145	89	250	579	221	182.2
Short-Term Debt Repaid	-	-	-114	-	-	-
Long-Term Debt Repaid	-	-3	-17	-253	-2.94	-54.8
Total Debt Repaid	-8	-3	-131	-253	-2.94	-54.8
Net Debt Issued (Repaid)	137	86	119	326	218.07	127.4
Issuance of Common Stock	77	68	113	137	90	72.2
Common Dividends Paid	-157	-150	-141	-129	-118.21	-110.25
Other Financing Activities	-4	-4	-6	-7	-4.3	-5.31
Financing Cash Flow	53	-	85	327	185.55	84.04
Net Cash Flow	35	-5	22	-9	7.97	4.3
Free Cash Flow	-23	1	-52	-328	-172.6	-73.3
Free Cash Flow Margin	-1.17%	0.05%	-2.97%	-19.18%	-12.00%	-5.54%
Free Cash Flow Per Share	-0.29	0.01	-0.68	-4.49	-2.46	-1.08
Cash Interest Paid	141	141	132	107	98.59	97.72
Cash Income Tax Paid	11	11	2	2	-18.68	0.98
Levered Free Cash Flow	-143.93	-143.13	-148.81	-294.08	-141.52	-121.82
Unlevered Free Cash Flow	-54.43	-54.5	-64.31	-224.2	-80.27	-61.95
Change in Working Capital	-82	-1	39	-140	-22.38	-48.64

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