Neste Oyj (HEL:NESTE)

Neste Oyj Cash Flow Statement

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	922	199	-113	1,596	2,279	1,962
Depreciation & Amortization	-	934	980	866	638	584
Other Adjustments	1,522	612	287	-184	-1,721	-553
Change in Receivables	-	139	326	99	-322	-401
Changes in Inventories	-	-61	504	261	-1,037	-795
Changes in Accounts Payable	-	287	-376	-338	2	835
Operating Cash Flow	2,446	1,747	1,154	2,279	1,197	1,994
Operating Cash Flow Growth	97.74%	51.39%	-49.36%	90.39%	-39.97%	-3.06%
Capital Expenditures	-862	-922	-1,552	-1,430	-1,743	-977
Sale of Property, Plant & Equipment	10	15	8	0	30	6
Proceeds from Sale of Investments	-	-	-	-	13	0
Payments for Business Acquisitions	-4	-14	-11	-176	-14	-322
Proceeds from Business Divestments	-	-	-	-	157	8
Other Investing Activities	-319	-66	59	78	-31	-200
Investing Cash Flow	-1,176	-988	-1,496	-1,528	-1,588	-1,483
Short-Term Debt Issued	-	-322	295	-380	260	111
Net Short-Term Debt Issued (Repaid)	-	-322	295	-380	260	111
Long-Term Debt Issued	-349	1,195	1,374	1,591	899	618
Long-Term Debt Repaid	-274	-1,031	-1,060	-463	-564	-489
Net Long-Term Debt Issued (Repaid)	-623	164	314	1,128	335	129
Common Dividends Paid	-154	-154	-922	-1,168	-630	-614
Other Financing Activities	-1	-1	-1	-21	-2	-2
Financing Cash Flow	-777	-312	-314	-441	-37	-377
Effect of Exchange Rate Changes on Cash and Cash Equivalents	3	-36	36	-7	3	9
Net Cash Flow	495	447	-655	311	-427	134
Free Cash Flow	1,584	825	-398	849	-546	1,017
Free Cash Flow Growth	92.00%	-	-	-	-	-21.47%
FCF Margin	8.27%	4.34%	-1.93%	3.70%	-2.12%	6.71%
Free Cash Flow Per Share	2.06	1.07	-0.52	1.10	-0.71	1.32
Levered Free Cash Flow	-768	224	70	1,540	343	1,658
Unlevered Free Cash Flow	79.98	601.98	-423.2	872.38	-140.3	1,476

Updated Apr 28, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.