Alvotech Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019
Net Income	-551.73	-513.58	-101.5	-170.04	-209.88
Depreciation & Amortization	23.27	19.68	13.28	15.41	13.7
Amortization of Goodwill & Intangibles	0.32	0.31	4.92	1.01	0.91
Depreciation & Amortization, Total	23.58	19.99	18.2	16.42	14.61
Share-Based Compensation	18.11	15.81	17.96	18.05	22.38
Change in Accounts Receivable	-25.71	-12.79	-13.53	10.1	-45
Change in Inventory	-11.3	-32.41	-29.41	-3.26	-4.16
Change in Accounts Payable	31.77	16.44	14.32	0.23	1.97
Change in Unearned Revenue	35.4	19.4	21.47	24.02	29.05
Change in Other Net Operating Assets	-3.82	-38.52	0.34	1.43	4.32
Other Operating Activities	119.92	124.08	-166.1	21.85	95.16
Operating Cash Flow	-312.19	-312.39	-228.17	-74.3	-88.55
Capital Expenditures	-33.23	-37.88	-20.46	-7.49	-7.2
Sale / Purchase of Intangibles	-13.24	-11.12	-20.17	-4.5	-0.85
Investment in Securities	-	-	-	-	-5
Other Investing Activities	-	-14.91	-	-5	-
Investing Cash Flow	-46.34	-63.54	-40.63	-16.9	-12.88
Long-Term Debt Issued	278.83	353.68	113.82	30	113.83
Debt Issued	278.83	353.68	113.82	30	113.83
Long-Term Debt Repaid	-107.64	-95.86	-44.85	-8.98	-28.15
Debt Repaid	-107.64	-95.86	-44.85	-8.98	-28.15
Net Debt Issued / Repaid	171.2	257.82	68.98	21.02	85.68
Common Stock Issued	143.27	174.93	185.86	34.39	30.69
Other Financing Activities	-13.15	-7.84	-	-	-
Financing Cash Flow	301.32	424.91	254.83	55.4	116.37
Net Cash Flow	-55.27	48.87	-14.13	-35.71	15.15
Free Cash Flow	-345.42	-350.27	-248.63	-81.78	-95.75
Free Cash Flow Margin	-369.90%	-412.00%	-626.53%	-117.76%	-115.82%
Free Cash Flow Per Share	-1.52	-1.77	-2.25	-0.87	-14.04

Source: S&P Capital IQ. Standard Template.