Telefónica, S.A. (LON:0TDE)

Telefónica Cash Flow Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net Income	-49	-892	2,011	8,137	1,582
Depreciation & Amortization	7,389	7,441	8,796	8,397	9,359
Other Amortization	1,410	1,356	-	-	-
Other Operating Activities	2,244	3,744	956	-6,266	2,255
Operating Cash Flow	10,994	11,649	11,763	10,268	13,196
Operating Cash Flow Growth	-5.62%	-0.97%	14.56%	-22.19%	-12.16%
Capital Expenditures	-5,790	-6,161	-6,350	-6,728	-7,529
Sale of Property, Plant & Equipment	269	310	842	564	509
Cash Acquisitions	-189	-252	-1,628	-414	-79
Divestitures	220	1,004	-115	13,369	81
Investment in Securities	-90	256	-303	-98	-25
Other Investing Activities	357	557	2,227	-797	-747
Investing Cash Flow	-5,223	-4,286	-5,327	5,896	-7,790
Long-Term Debt Issued	3,547	2,674	2,585	3,646	8,527
Long-Term Debt Repaid	-4,406	-5,489	-8,614	-11,775	-11,367
Net Debt Issued (Repaid)	-859	-2,815	-6,029	-8,129	-2,840
Repurchase of Common Stock	-58	-223	-365	-478	-223
Common Dividends Paid	-1,720	-1,701	-959	-617	-825
Other Financing Activities	-2,035	-2,447	-572	-3,766	-1,550
Financing Cash Flow	-4,672	-7,186	-7,925	-12,990	-5,438
Foreign Exchange Rate Adjustments	-191	-258	156	-179	-402
Miscellaneous Cash Flow Adjustments	3	-13	-2	-19	-4
Net Cash Flow	911	-94	-1,335	2,976	-438
Free Cash Flow	5,204	5,488	5,413	3,540	5,667
Free Cash Flow Growth	-5.17%	1.39%	52.91%	-37.53%	-14.29%
Free Cash Flow Margin	12.60%	13.50%	13.54%	9.01%	12.89%
Free Cash Flow Per Share	0.92	0.97	0.94	0.60	0.95
Cash Income Tax Paid	668	454	92	459	509
Levered Free Cash Flow	4,153	5,020	2,792	12,243	-7,123
Unlevered Free Cash Flow	5,595	6,296	4,005	13,221	-6,177
Change in Net Working Capital	275	-2,191	515	-10,115	10,917

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.