Coca-Cola HBC AG Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	940.4	820.6	636.5	415.4	547.2
Depreciation & Amortization	432.2	375.3	386.5	404.8	331.3
Loss (Gain) From Sale of Assets	-5.7	-4.5	-1.3	1.5	-28.4
Asset Writedown & Restructuring Costs	-	21.5	127.3	95.2	6
Loss (Gain) From Sale of Investments	-	-	-	52.8	-
Loss (Gain) on Equity Investments	-16.3	-16.7	-14.7	-44.1	-37.6
Stock-Based Compensation	22.1	15.6	20.4	16.5	14.9
Other Operating Activities	57.4	79.3	96.3	165.7	113
Change in Accounts Receivable	-180	-71.7	-212.7	-104.7	-109
Change in Inventory	49.2	-150	-142.6	-241.1	-114.5
Change in Accounts Payable	214.2	322.5	491	472.6	419.3
Operating Cash Flow	1,514	1,392	1,387	1,235	1,142
Operating Cash Flow Growth	8.74%	0.38%	12.32%	8.09%	18.79%
Capital Expenditures	-752.6	-615.4	-610.7	-523.4	-506.5
Sale of Property, Plant & Equipment	6.1	8.6	7.2	7.5	35.8
Cash Acquisitions	-31	-1.5	-180.4	-399.2	-5.6
Investment in Securities	776.4	-295.1	481.3	-189.8	-781.6
Other Investing Activities	121.2	82.5	33.8	21.8	-1.2
Investing Cash Flow	120.1	-820.9	-268.8	-1,083	-1,259
Long-Term Debt Issued	499.5	1,265	136.4	650	129.3
Long-Term Debt Repaid	-691.5	-809.3	-148.8	-423.8	-196.9
Net Debt Issued (Repaid)	-192	455.9	-12.4	226.2	-67.6
Issuance of Common Stock	7	6.6	14.2	4.7	19.6
Repurchase of Common Stock	-	-183	-42.6	-	-
Common Dividends Paid	-374.4	-339.7	-287.2	-260.2	-233.6
Dividends Paid	-374.4	-339.7	-287.2	-260.2	-233.6
Other Financing Activities	-145.4	-145.3	-84.4	-169.4	-40.8
Financing Cash Flow	-704.8	-205.5	-412.4	-198.7	-322.4
Foreign Exchange Rate Adjustments	64.8	-78	-164.8	-15.7	6.3
Net Cash Flow	993.6	287.5	540.7	-62.9	-433
Free Cash Flow	760.9	776.5	776	711.2	635.7
Free Cash Flow Growth	-2.01%	0.06%	9.11%	11.88%	17.22%
Free Cash Flow Margin	6.56%	7.22%	7.62%	7.73%	8.87%
Free Cash Flow Per Share	2.10	2.13	2.11	1.94	1.74
Cash Interest Paid	139.5	100.4	76.2	60.4	45.5
Cash Income Tax Paid	308.7	288.6	225.8	195.7	142.3
Levered Free Cash Flow	626.31	512	468.66	510.41	406.11
Unlevered Free Cash Flow	707.94	587.63	522.6	559.04	448.05
Change in Working Capital	83.4	100.8	135.7	126.8	195.8

Source: S&P Global Market Intelligence. Standard template. Financial Sources.