Yum China Holdings, Inc. (HKG:9987)

Yum China Holdings Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	1,004	980	901	478	1,023
Depreciation & Amortization	448	476	453	602	516
Stock-Based Compensation	42	41	64	42	41
Other Adjustments	449	406	479	482	63
Change in Receivables	-11	-9	-6	-1	-5
Changes in Inventories	-14	8	-19	-19	-16
Changes in Accounts Payable	-33	-3	84	16	118
Changes in Income Taxes Payable	9	-12	25	25	-26
Changes in Other Operating Activities	-428	-468	-508	-212	-551
Operating Cash Flow	1,466	1,419	1,473	1,413	1,131
Operating Cash Flow Growth	3.31%	-3.67%	4.25%	24.93%	1.53%
Capital Expenditures	-626	-705	-710	-679	-689
Purchases of Investments	-7,597	-4,728	-3,537	-5,189	-6,439
Proceeds from Sale of Investments	8,216	5,251	3,499	5,365	6,383
Payments for Business Acquisitions	-	-	-	-23	-115
Other Investing Activities	2	4	5	4	5
Investing Cash Flow	-5	-178	-743	-522	-855
Short-Term Debt Issued	29	307	264	2	-
Short-Term Debt Repaid	-129	-346	-100	-	-
Net Short-Term Debt Issued (Repaid)	-100	-39	164	2	-
Repurchase of Common Stock	-1,144	-1,249	-613	-466	-75
Net Common Stock Issued (Repurchased)	-1,144	-1,249	-613	-466	-75
Common Dividends Paid	-353	-248	-216	-202	-203
Other Financing Activities	-92	-100	-51	-178	-35
Financing Cash Flow	-1,689	-1,636	-716	-844	-313
Effect of Exchange Rate Changes on Cash and Cash Equivalents	11	-10	-16	-53	15
Net Cash Flow	-217	-405	-2	-6	-22
Free Cash Flow	840	714	763	734	442
Free Cash Flow Growth	17.65%	-6.42%	3.95%	66.06%	-36.40%
FCF Margin	7.12%	6.32%	6.95%	7.67%	4.49%
Free Cash Flow Per Share	2.26	1.83	1.82	1.73	1.02
Levered Free Cash Flow	185	168	316	177	342
Unlevered Free Cash Flow	295.48	147.2	134.2	172.48	370.59

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.