Neste Oyj Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	-105	-95	1,433	1,888	1,771	712
Depreciation & Amortization	938	980	866	636	584	482
Other Amortization	-	-	-	-	-	31
Loss (Gain) From Sale of Assets	1	1	-	-	-	-1
Asset Writedown & Restructuring Costs	-	-	-	2	-	167
Loss (Gain) on Equity Investments	9	9	-1	-2	3	38
Other Operating Activities	271	-166	-41	30	-3	168
Change in Accounts Receivable	326	326	99	-322	-401	735
Change in Inventory	504	504	261	-1,037	-795	-176
Change in Accounts Payable	-376	-376	-338	2	835	-99
Operating Cash Flow	1,577	1,183	2,279	1,197	1,994	2,057
Operating Cash Flow Growth	61.91%	-48.09%	90.39%	-39.97%	-3.06%	41.28%
Capital Expenditures	-958	-1,525	-1,403	-1,670	-929	-727
Sale of Property, Plant & Equipment	13	8	-	30	6	1
Cash Acquisitions	-12	-11	-176	-36	-322	-175
Divestitures	-	-	-	157	8	-2
Sale (Purchase) of Intangibles	-27	-27	-27	-51	-48	-35
Investment in Securities	-	-	-	13	-	-35
Other Investing Activities	-151	59	78	-31	-198	-66
Investing Cash Flow	-1,135	-1,496	-1,528	-1,588	-1,483	-1,039
Short-Term Debt Issued	-	295	-	260	111	-
Long-Term Debt Issued	-	1,374	1,591	899	618	-
Total Debt Issued	1,063	1,669	1,591	1,159	729	-
Short-Term Debt Repaid	-	-	-380	-	-	-35
Long-Term Debt Repaid	-	-1,060	-463	-564	-489	-142
Total Debt Repaid	-1,038	-1,060	-843	-564	-489	-177
Net Debt Issued (Repaid)	25	609	748	595	240	-177
Common Dividends Paid	-615	-922	-1,168	-630	-614	-783
Other Financing Activities	-1	-1	-21	-2	-3	-1
Financing Cash Flow	-591	-314	-441	-37	-377	-961
Foreign Exchange Rate Adjustments	-3	7	-7	3	9	2
Miscellaneous Cash Flow Adjustments	-1	-	1	1	-	-
Net Cash Flow	-153	-620	304	-424	143	59
Free Cash Flow	619	-342	876	-473	1,065	1,330
Free Cash Flow Growth	-	-	-	-	-19.93%	42.40%
Free Cash Flow Margin	3.15%	-1.66%	3.82%	-1.84%	7.03%	12.84%
Free Cash Flow Per Share	0.81	-0.45	1.14	-0.61	1.39	1.73
Cash Interest Paid	-	-	-	-	47	42
Cash Income Tax Paid	17	5	307	398	95	133
Levered Free Cash Flow	6.88	-85	645.5	-741	322.38	830.25
Unlevered Free Cash Flow	97.5	6.88	719.25	-707.88	351.75	856.5
Change in Working Capital	463	454	22	-1,357	-361	460

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.