Coca-Cola HBC AG (LON:CCH)

Coca-Cola HBC AG Cash Flow Statement

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

Operating Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 3, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	994.2	940.4	820.6	636.5	415.4	547.2
Depreciation & Amortization	452.2	425.7	375.3	386.5	404.8	331.3
Loss (Gain) From Sale of Assets	-15.6	-5.7	-4.5	-1.3	1.5	-28.4
Asset Writedown & Restructuring Costs	7.3	6.5	21.5	127.3	95.2	6
Loss (Gain) From Sale of Investments	-	-	-	-	52.8	-
Loss (Gain) on Equity Investments	-1.1	-16.3	-16.7	-14.7	-44.1	-37.6
Stock-Based Compensation	21.3	22.1	15.6	20.4	16.5	14.9
Other Operating Activities	59.5	57.4	79.3	96.3	165.7	113
Change in Accounts Receivable	-223.9	-180	-71.7	-212.7	-104.7	-109
Change in Inventory	-16.7	49.2	-150	-142.6	-241.1	-114.5
Change in Accounts Payable	302	214.2	322.5	491	472.6	419.3
Operating Cash Flow	1,579	1,514	1,392	1,387	1,235	1,142
Operating Cash Flow Growth	5.97%	8.74%	0.38%	12.32%	8.09%	18.79%

Investing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 3, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Capital Expenditures	-834.8	-752.6	-615.4	-610.7	-523.4	-506.5
Sale of Property, Plant & Equipment	6.8	6.1	8.6	7.2	7.5	35.8
Cash Acquisitions	-2.2	-31	-1.5	-180.4	-399.2	-5.6
Investment in Securities	112.2	776.4	-295.1	481.3	-189.8	-781.6
Other Investing Activities	152.7	121.2	82.5	33.8	21.8	-1.2
Investing Cash Flow	-565.3	120.1	-820.9	-268.8	-1,083	-1,259

Financing Activities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 3, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
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)	1,729	-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	-437.4	-374.4	-339.7	-287.2	-260.2	-233.6
Dividends Paid	-437.4	-374.4	-339.7	-287.2	-260.2	-233.6
Other Financing Activities	-172.6	-145.4	-145.3	-84.4	-169.4	-40.8
Financing Cash Flow	1,119	-704.8	-205.5	-412.4	-198.7	-322.4

Net Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 3, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Foreign Exchange Rate Adjustments	39.8	64.8	-78	-164.8	-15.7	6.3
Net Cash Flow	2,173	993.6	287.5	540.7	-62.9	-433

Free Cash Flow

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 3, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Free Cash Flow	744.4	760.9	776.5	776	711.2	635.7
Free Cash Flow Growth	-7.19%	-2.01%	0.06%	9.11%	11.88%	17.22%
Free Cash Flow Margin	6.09%	6.56%	7.22%	7.62%	7.73%	8.87%
Free Cash Flow Per Share	2.05	2.09	2.13	2.11	1.94	1.74
Levered Free Cash Flow	729.68	645.86	512	468.66	510.41	406.11
Unlevered Free Cash Flow	825.93	725.74	587.63	522.6	559.04	448.05

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 3, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash Interest Paid	169.6	139.5	100.4	76.2	60.4	45.5
Cash Income Tax Paid	338.2	308.7	288.6	225.8	195.7	142.3
Change in Working Capital	61.4	83.4	100.8	135.7	126.8	195.8

Data Source: S&P Global Market Intelligence Last updated: Jul 3, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Aug 27, 2026

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