Santos Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	818	1,224	1,416	2,112	658
Depreciation & Amortization	1,914	1,802	1,933	1,928	1,251
Loss (Gain) From Sale of Assets	11	-13	-5	-15	-10
Asset Writedown & Restructuring Costs	-	-	-	147	-
Loss (Gain) on Equity Investments	24	-2	-5	16	-25
Stock-Based Compensation	26	36	25	42	31
Other Operating Activities	201	160	176	377	67
Change in Accounts Receivable	49	100	-61	92	98
Change in Inventory	42	14	1	-47	28
Change in Accounts Payable	-78	-72	-38	49	2
Change in Income Taxes	219	5	-65	-144	63
Change in Other Net Operating Assets	-183	-336	-128	-49	1
Operating Cash Flow	2,813	2,850	3,258	4,558	2,272
Operating Cash Flow Growth	-1.30%	-12.52%	-28.52%	100.62%	53.93%
Capital Expenditures	-2,056	-2,401	-2,369	-1,707	-1,103
Sale of Property, Plant & Equipment	2	6	10	302	186
Cash Acquisitions	-2	-27	-212	-125	838
Other Investing Activities	-122	-263	-325	-139	-58
Investing Cash Flow	-2,178	-2,685	-2,896	-1,669	-137
Long-Term Debt Issued	1,255	1,135	1,293	800	996
Long-Term Debt Repaid	-1,254	-921	-1,023	-3,245	-1,213
Net Debt Issued (Repaid)	1	214	270	-2,445	-217
Repurchase of Common Stock	-27	-15	-338	-420	-43
Common Dividends Paid	-770	-991	-777	-536	-221
Other Financing Activities	5	586	-15	-	-
Financing Cash Flow	-791	-206	-860	-3,401	-481
Foreign Exchange Rate Adjustments	45	-37	-21	-34	3
Miscellaneous Cash Flow Adjustments	-	36	42	-78	-
Net Cash Flow	-111	-42	-477	-624	1,657
Free Cash Flow	757	449	889	2,851	1,169
Free Cash Flow Growth	68.60%	-49.49%	-68.82%	143.88%	65.58%
Free Cash Flow Margin	15.33%	8.34%	15.10%	36.60%	24.80%
Free Cash Flow Per Share	0.23	0.14	0.27	0.85	0.54
Cash Interest Paid	425	439	375	330	241
Cash Income Tax Paid	204	438	428	529	115
Levered Free Cash Flow	745.63	622	681.5	1,689	1,250
Unlevered Free Cash Flow	856.88	685.13	780.25	1,816	1,354
Change in Working Capital	-181	-357	-282	-49	300

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