Naturgy Energy Group Cash Flow Statement

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	1,901	1,986	1,649	1,214	-347
Depreciation & Amortization	1,430	1,344	1,286	1,344	1,375
Other Amortization	112	110	98	101	101
Loss (Gain) on Sale of Assets	-10	-17	-	-	-38
Loss (Gain) on Equity Investments	-120	-90	-128	-90	-36
Asset Writedown	-18	288	148	17	1,363
Change in Accounts Receivable	-575	2,328	-246	-2,105	649
Change in Inventory	301	370	-578	-243	249
Change in Accounts Payable	332	-1,870	552	1,231	-110
Other Operating Activities	639	408	1,461	-468	80
Net Cash from Discontinued Operations	-	-	-	-	146
Operating Cash Flow	3,992	4,857	4,242	1,001	3,432
Operating Cash Flow Growth	-17.81%	14.50%	323.78%	-70.83%	-14.65%
Capital Expenditures	-2,197	-2,424	-1,687	-1,204	-1,474
Sale of Property, Plant & Equipment	19	42	162	207	27
Cash Acquisitions	-15	-611	-17	317	-4
Divestitures	-	-	24	2,643	41
Investment in Securities	58	178	-42	-128	217
Other Investing Activities	314	76	74	61	51
Investing Cash Flow	-1,821	-2,739	-1,486	1,896	-1,142
Long-Term Debt Issued	5,444	1,869	783	1,632	4,816
Long-Term Debt Repaid	-3,585	-2,488	-1,625	-2,735	-3,183
Net Debt Issued (Repaid)	1,859	-619	-842	-1,103	1,633
Repurchase of Common Stock	-510	-20	-503	-29	-171
Common Dividends Paid	-960.71	-960.67	-672.58	-1,290	-1,370
Other Financing Activities	-243	-183	-356	-429	-480
Financing Cash Flow	-239	-2,263	-2,854	-2,851	-388
Foreign Exchange Rate Adjustments	8	-154	118	49	-135
Miscellaneous Cash Flow Adjustments	-	-	-	-57	-525
Net Cash Flow	1,940	-299	20	38	1,242
Free Cash Flow	1,795	2,433	2,555	-203	1,958
Free Cash Flow Growth	-26.22%	-4.78%	-	-	-9.85%
Free Cash Flow Margin	9.32%	10.76%	7.52%	-0.92%	12.76%
Free Cash Flow Per Share	1.87	2.53	2.66	-0.21	2.03
Cash Interest Paid	703	650	520	488	562
Cash Income Tax Paid	663	377	762	864	214
Levered Free Cash Flow	1,719	911.13	568.25	4,436	313.75
Unlevered Free Cash Flow	2,162	1,333	923.25	4,755	635.63
Change in Working Capital	58	828	-272	-1,117	788

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.