Fortum Oyj (HEL:FORTUM)
Finland · Delayed Price · Currency is EUR 23.19
-0.09 (-0.39%)
Nov 6, 2026, 6:29 PM EET
Fortum 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 | 806 | 765 | 1,164 | -2,069 | -2,416 | 739 |
Depreciation & Amortization | 324 | 315 | 379 | 359 | 415 | 587 |
Loss (Gain) on Sale of Assets | 1 | 4 | -183 | -4 | -785 | -2,673 |
Loss (Gain) on Equity Investments | -35 | -56 | -19 | -59 | 185 | -168 |
Asset Writedown | 4 | 25 | 17 | - | - | 35 |
Change in Accounts Receivable | -87 | 94 | 243 | 348 | -352 | -633 |
Change in Inventory | -92 | -94 | -17 | -14 | -182 | 2 |
Change in Other Net Operating Assets | 77 | -73 | -131 | -143 | 334 | 137 |
Other Operating Activities | -132 | -140 | -61 | 3,292 | 4,518 | 3,093 |
Net Cash from Discontinued Operations | - | - | - | 109 | -10,484 | 3,851 |
Operating Cash Flow | 866 | 840 | 1,392 | 1,819 | -8,767 | 4,970 |
Operating Cash Flow Growth | -9.22% | -39.66% | -23.47% | - | - | 94.52% |
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 | -505 | -499 | -472 | -576 | -479 | -470 |
Sale of Property, Plant & Equipment | -1 | 1 | 3 | 12 | 3 | 2 |
Cash Acquisitions | 37 | - | - | -22 | - | -210 |
Divestitures | -1 | -1 | 726 | 1 | 1,070 | 915 |
Investment in Securities | -86 | -88 | 5 | -27 | 57 | 2,829 |
Other Investing Activities | -242 | -75 | 361 | 1,660 | -4,051 | -6,248 |
Investing Cash Flow | -761 | -614 | 604 | 1,100 | -971 | -5,727 |
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 | - | - | - | - | - | 1,844 |
Long-Term Debt Issued | - | 14 | 5 | 1,755 | 2,421 | 2,809 |
Total Debt Issued | 445 | 14 | 5 | 1,755 | 2,421 | 4,653 |
Short-Term Debt Repaid | - | -149 | -37 | -1,757 | -170 | - |
Long-Term Debt Repaid | - | -35 | -944 | -1,620 | -5,885 | -2,153 |
Total Debt Repaid | -802 | -184 | -981 | -3,377 | -6,055 | -2,153 |
Net Debt Issued (Repaid) | -357 | -170 | -976 | -1,622 | -3,634 | 2,500 |
Common Dividends Paid | -215.37 | -807.37 | -1,032 | -817 | -1,013 | -995 |
Other Financing Activities | 58 | -35 | -35 | -180 | 10,702 | 4,507 |
Financing Cash Flow | -963 | -1,461 | -2,043 | -2,619 | 6,055 | 6,012 |
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 | 9 | 2 | - | -36 | 7 | 29 |
Miscellaneous Cash Flow Adjustments | 1 | - | - | - | 3 | - |
Net Cash Flow | -848 | -1,233 | -47 | 264 | -3,673 | 5,284 |
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 | 361 | 341 | 920 | 1,243 | -9,246 | 4,500 |
Free Cash Flow Growth | -26.63% | -62.93% | -25.99% | - | - | 209.49% |
Free Cash Flow Margin | 6.36% | 6.83% | 15.86% | 18.52% | -118.93% | 70.07% |
Free Cash Flow Per Share | 0.40 | 0.38 | 1.02 | 1.39 | -10.40 | 5.07 |
Levered Free Cash Flow | 805.88 | 241.38 | 477.75 | 568.5 | 520.25 | 2,107 |
Unlevered Free Cash Flow | 885.88 | 339.5 | 619 | 736.63 | 645.25 | 2,203 |
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 | 159 | 173 | 225 | 228 | 213 | 147 |
Cash Income Tax Paid | 120 | 147 | 196 | 454 | 164 | 279 |
Change in Working Capital | -102 | -73 | 95 | 191 | -200 | -494 |