Carlsberg A/S (CABGY)
OTCMKTS · Delayed Price · Currency is USD
31.10
+0.14 (0.45%)
Feb 10, 2026, 2:10 PM EST
Carlsberg Cash Flow Statement
Financials in millions DKK. Fiscal year is January - December.
Millions DKK. 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 | 5,955 | 9,116 | -40,788 | -1,063 | 6,846 |
Depreciation & Amortization | 5,533 | 4,327 | 3,981 | 3,942 | 4,396 |
Loss (Gain) From Sale of Assets | -84 | -44 | -47 | -79 | -77 |
Asset Writedown & Restructuring Costs | -1,486 | -177 | -459 | 74 | -511 |
Loss (Gain) on Equity Investments | -660 | -616 | -581 | -901 | -336 |
Stock-Based Compensation | 128 | 100 | 130 | 97 | 82 |
Other Operating Activities | 3,608 | -757 | 49,453 | 9,436 | 529 |
Change in Accounts Receivable | 847 | 82 | 223 | -232 | -1,710 |
Change in Inventory | 364 | -22 | -143 | -1,271 | -539 |
Change in Accounts Payable | -481 | 411 | 618 | 3,411 | 2,982 |
Change in Other Net Operating Assets | -1,293 | -1,108 | -780 | -465 | 616 |
Operating Cash Flow | 12,431 | 13,570 | 10,613 | 14,901 | 12,278 |
Operating Cash Flow Growth | -8.39% | 27.86% | -28.78% | 21.36% | 12.35% |
Capital Expenditures | -4,924 | -4,668 | -3,887 | -4,018 | -3,903 |
Sale of Property, Plant & Equipment | 106 | 85 | 115 | 414 | 257 |
Cash Acquisitions | -29,421 | 254 | -826 | - | -621 |
Divestitures | - | -27 | 4 | - | - |
Sale (Purchase) of Intangibles | -668 | -362 | -356 | - | - |
Sale (Purchase) of Real Estate | - | - | - | - | -2 |
Investment in Securities | 192 | 2,018 | -2,255 | -68 | -48 |
Other Investing Activities | 612 | 792 | 512 | -94 | 291 |
Investing Cash Flow | -34,098 | -1,518 | -6,729 | -3,441 | -4,067 |
Long-Term Debt Issued | 34,109 | 6,096 | 15,272 | 4,878 | 14 |
Total Debt Issued | 34,109 | 6,096 | 15,272 | 4,878 | 14 |
Short-Term Debt Repaid | -3,732 | -7,460 | - | - | -216 |
Long-Term Debt Repaid | -5,630 | -547 | -5,901 | -6,006 | -1,406 |
Total Debt Repaid | -9,362 | -8,007 | -5,901 | -6,006 | -1,622 |
Net Debt Issued (Repaid) | 24,747 | -1,911 | 9,371 | -1,128 | -1,608 |
Repurchase of Common Stock | -4 | -1,960 | -3,200 | -4,400 | -3,600 |
Common Dividends Paid | -3,569 | -3,601 | -3,695 | -3,389 | -3,187 |
Other Financing Activities | -864 | -6,463 | -1,106 | -847 | -550 |
Financing Cash Flow | 20,310 | -13,935 | 1,370 | -9,764 | -8,945 |
Foreign Exchange Rate Adjustments | -602 | 11 | -1,229 | -683 | 458 |
Miscellaneous Cash Flow Adjustments | - | - | 1,194 | -1,194 | 662 |
Net Cash Flow | -1,959 | -1,872 | 5,219 | -181 | 386 |
Free Cash Flow | 7,507 | 8,902 | 6,726 | 10,883 | 8,375 |
Free Cash Flow Growth | -15.67% | 32.35% | -38.20% | 29.95% | 28.21% |
Free Cash Flow Margin | 8.43% | 11.87% | 9.14% | 15.49% | 13.94% |
Free Cash Flow Per Share | 56.64 | 66.97 | 49.29 | 77.62 | 58.04 |
Cash Interest Paid | 1,672 | 1,091 | 602 | 1,223 | 916 |
Cash Income Tax Paid | 2,506 | 2,342 | 2,166 | 2,103 | 1,883 |
Levered Free Cash Flow | 5,606 | 1,582 | 13,307 | 698.63 | 12,056 |
Unlevered Free Cash Flow | 7,105 | 2,273 | 13,792 | 1,036 | 12,374 |
Change in Working Capital | -563 | -637 | -82 | 1,443 | 1,349 |
Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.