Fonterra Co-operative Group Limited (NZE:FCG)

NZE:FCG Cash Flow Statement

Financials in millions NZD. Fiscal year is August - July.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 31, 2025	Jul 31, 2024	Jul 31, 2023	Jul 31, 2022	Jul 31, 2021
Net Income	1,079	1,128	1,577	583	578
Depreciation & Amortization	532	521	654	546	546
Other Amortization	-	-	-	89	96
Loss (Gain) From Sale of Assets	-	-	-341	-42	-
Asset Writedown & Restructuring Costs	-	-	252	109	-
Loss (Gain) From Sale of Investments	-	-	-	-	9
Other Operating Activities	630	380	594	209	80
Change in Accounts Receivable	-122	380	-31	-821	11
Change in Inventory	-798	-109	566	-1,222	-556
Change in Accounts Payable	589	-136	302	494	437
Change in Other Net Operating Assets	-45	-23	-63	-49	-63
Operating Cash Flow	1,960	2,313	3,518	-104	1,194
Operating Cash Flow Growth	-15.26%	-34.25%	-	-	-19.97%
Capital Expenditures	-650	-577	-598	-480	-469
Sale of Property, Plant & Equipment	-	-	-	-	34
Divestitures	8	-	1,084	26	638
Sale (Purchase) of Intangibles	-50	-73	-72	-72	-80
Investment in Securities	-20	-73	-44	-	110
Other Investing Activities	14	12	-238	9	-10
Investing Cash Flow	-698	-711	132	-517	223
Long-Term Debt Issued	5,548	2,895	2,698	3,919	2,402
Long-Term Debt Repaid	-5,744	-3,806	-4,214	-3,634	-3,142
Net Debt Issued (Repaid)	-196	-911	-1,516	285	-740
Repurchase of Common Stock	-	-808	-11	-1	-
Common Dividends Paid	-997	-884	-403	-323	-157
Other Financing Activities	-198	-251	-262	-17	-295
Financing Cash Flow	-1,391	-2,854	-2,192	-56	-1,192
Foreign Exchange Rate Adjustments	4	-	11	-24	-23
Net Cash Flow	-125	-1,252	1,469	-701	202
Free Cash Flow	1,310	1,736	2,920	-584	725
Free Cash Flow Growth	-24.54%	-40.55%	-	-	-34.15%
Free Cash Flow Margin	5.43%	8.50%	11.88%	-2.67%	3.52%
Free Cash Flow Per Share	0.81	1.08	1.81	-0.36	0.45
Cash Interest Paid	197	218	336	297	308
Cash Income Tax Paid	91	89	191	137	84
Levered Free Cash Flow	-1,182	-285.88	2,195	-256.13	1,045
Unlevered Free Cash Flow	-1,059	-164.63	2,355	-94.25	1,208
Change in Working Capital	-376	112	774	-1,598	-171

Updated Jul 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.