Elisa Oyj (HEL:ELISA)
Finland · Delayed Price · Currency is EUR 33.72
+0.04 (0.12%)
Nov 10, 2026, 10:14 AM EET
Elisa Oyj Cash Flow Statement
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 | 330 | 342 | 358.4 | 375.2 | 374.1 | 343.6 |
Depreciation & Amortization | 290.3 | 280.9 | 267.1 | 268.5 | 263.4 | 266.6 |
Other Amortization | 17.5 | 17.5 | 12.1 | - | - | - |
Loss (Gain) From Sale of Assets | -3.3 | -3.3 | -2.7 | -4.2 | -0.1 | -1.8 |
Asset Writedown & Restructuring Costs | - | - | 5 | 5.7 | 0.2 | - |
Loss (Gain) From Sale of Investments | -0.1 | -0.1 | -0.8 | 0.1 | 0.1 | -0.1 |
Other Operating Activities | -6.8 | 6.7 | -3.8 | -12.5 | -18.4 | -15.9 |
Change in Accounts Receivable | -4.4 | 6.9 | 29.9 | -2.4 | -16.2 | -31.7 |
Change in Inventory | -14.2 | 13.2 | 5.5 | 15 | -13.3 | -17.6 |
Change in Accounts Payable | 49 | 24.8 | -19.8 | 2.4 | 2 | 52.6 |
Operating Cash Flow | 658 | 688.6 | 650.9 | 647.8 | 591.8 | 595.7 |
Operating Cash Flow Growth | -1.62% | 5.79% | 0.48% | 9.46% | -0.66% | -0.72% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Capital Expenditures | -287 | -279 | -306.7 | -304.7 | -270.9 | -258.8 |
Sale of Property, Plant & Equipment | 0.4 | 1.6 | 3 | 4.6 | 0.1 | 0.8 |
Cash Acquisitions | -1.7 | -1.7 | -0.6 | -4.1 | -20.6 | -5.6 |
Divestitures | 2.8 | 2.8 | 0.1 | 3.7 | -0.2 | - |
Investment in Securities | -32.7 | -12.7 | -86.8 | -0.3 | -0.3 | -10 |
Other Investing Activities | 0.1 | - | -0.1 | - | -0.1 | - |
Investing Cash Flow | -317.2 | -289.1 | -394.9 | -300.8 | -291.9 | -274.1 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Short-Term Debt Issued | - | - | 323 | - | 124.8 | - |
Long-Term Debt Issued | - | 598.8 | 99.8 | 298.2 | - | 100.4 |
Total Debt Issued | 401.1 | 598.8 | 422.8 | 298.2 | 124.8 | 100.4 |
Short-Term Debt Repaid | - | -267 | - | -90.5 | - | -19.6 |
Long-Term Debt Repaid | - | -248.4 | -291.7 | -227.1 | -125.2 | -197.2 |
Lease Payments | -35.4 | -29.4 | -25.4 | -25.4 | -24.9 | -23.1 |
Total Debt Repaid | -345.9 | -515.4 | -291.7 | -317.6 | -125.2 | -216.8 |
Net Debt Issued (Repaid) | 55.2 | 83.4 | 131.1 | -19.4 | -0.4 | -116.4 |
Common Dividends Paid | -380.6 | -381.4 | -359.8 | -343.5 | -328.1 | -310.9 |
Other Financing Activities | - | -0.8 | -0.1 | -7.2 | - | -0.1 |
Financing Cash Flow | -325.4 | -298.8 | -228.8 | -370.1 | -328.5 | -427.4 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Foreign Exchange Rate Adjustments | - | -1.1 | -0.8 | 1.1 | -0.1 | -0.2 |
Miscellaneous Cash Flow Adjustments | - | - | 0.1 | - | - | - |
Net Cash Flow | 15.4 | 99.6 | 26.5 | -22 | -28.7 | -106 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Free Cash Flow | 371 | 409.6 | 344.2 | 343.1 | 320.9 | 336.9 |
Free Cash Flow Growth | -3.59% | 19.00% | 0.32% | 6.92% | -4.75% | -3.96% |
Free Cash Flow Margin | 16.50% | 18.15% | 15.71% | 15.73% | 15.07% | 16.86% |
Free Cash Flow Per Share | 2.31 | 2.55 | 2.14 | 2.14 | 2.00 | 2.10 |
Levered Free Cash Flow | 133.3 | 334.58 | 266.28 | 249.53 | 253.9 | 261.9 |
Unlevered Free Cash Flow | 161.74 | 362.51 | 291.78 | 268.15 | 263.84 | 270.03 |
Free Cash Flow After Leases | 335.6 | 380.2 | 318.8 | 317.7 | 296 | 313.8 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | 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 |
Cash Interest Paid | 35.5 | 35.5 | 33 | 24 | 12.6 | 17.4 |
Cash Income Tax Paid | 78.9 | 82.2 | 86.5 | 81.6 | 85 | 75.7 |
Change in Working Capital | 30.4 | 44.9 | 15.6 | 15 | -27.5 | 3.3 |