Holcim AG Cash Flow Statement

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

Millions CHF. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 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	15,419	2,926	3,060	3,308	2,298	1,697
Depreciation & Amortization	2,012	2,017	1,977	2,194	2,076	2,306
Loss (Gain) From Sale of Assets	-75	41	-47	-1,767	183	37
Asset Writedown & Restructuring Costs	113	202	105	685	222	170
Loss (Gain) From Sale of Investments	6	6	-	2	107	63
Loss (Gain) on Equity Investments	-317	-288	-340	-325	-467	-463
Other Operating Activities	-11,584	545	563	790	665	372
Change in Accounts Receivable	158	205	-123	-127	-112	396
Change in Inventory	-199	-251	-83	-825	-468	302
Change in Accounts Payable	250	350	308	672	650	17
Change in Other Net Operating Assets	-193	-86	50	-45	-109	-279
Operating Cash Flow	5,015	5,667	5,470	4,562	5,045	4,618
Operating Cash Flow Growth	-9.53%	3.60%	19.90%	-9.57%	9.25%	-4.29%
Capital Expenditures	-1,635	-1,650	-1,505	-1,549	-1,532	-1,114
Sale of Property, Plant & Equipment	172	173	96	114	112	88
Cash Acquisitions	-756	-984	-1,975	-2,559	-3,409	-135
Divestitures	75	472	6	6,093	209	18
Investment in Securities	-224	-48	-92	-19	-91	-87
Other Investing Activities	-589	-	1	1	1	-1
Investing Cash Flow	-2,957	-2,037	-3,469	2,081	-4,710	-1,231
Short-Term Debt Issued	-	125	-	-	104	175
Long-Term Debt Issued	-	26	9	1,747	4,220	1,731
Total Debt Issued	58	151	9	1,747	4,324	1,906
Short-Term Debt Repaid	-	-	-16	-472	-	-
Long-Term Debt Repaid	-	-1,320	-1,811	-2,047	-1,611	-2,151
Total Debt Repaid	-1,935	-1,320	-1,827	-2,519	-1,611	-2,151
Net Debt Issued (Repaid)	-1,877	-1,169	-1,818	-772	2,713	-245
Issuance of Common Stock	75	-	-	-	-	-
Repurchase of Common Stock	-617	-1,441	-1,809	-895	-211	-106
Common Dividends Paid	-1,714	-1,583	-1,441	-1,352	-1,245	-1,246
Other Financing Activities	3,511	-176	-155	-233	-143	-294
Financing Cash Flow	-622	-4,369	-5,223	-3,252	1,114	-1,891
Foreign Exchange Rate Adjustments	-675	21	-483	-248	65	-408
Miscellaneous Cash Flow Adjustments	2	-	-	-1	-	-1
Net Cash Flow	763	-718	-3,705	3,142	1,514	1,087
Free Cash Flow	3,380	4,017	3,965	3,013	3,513	3,504
Free Cash Flow Growth	-20.58%	1.31%	31.60%	-14.23%	0.26%	6.47%
Free Cash Flow Margin	12.89%	15.21%	14.68%	10.32%	13.09%	15.14%
Free Cash Flow Per Share	6.09	7.17	6.96	5.00	5.74	5.72
Cash Interest Paid	468	523	622	481	503	572
Cash Income Tax Paid	890	928	702	802	828	715
Levered Free Cash Flow	4,088	3,119	3,306	2,492	2,641	4,179
Unlevered Free Cash Flow	4,403	3,457	3,652	2,773	2,893	4,458
Change in Working Capital	16	218	152	-325	-39	436

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