Iberdrola 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
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	5,612	4,803	4,339	3,885
Depreciation & Amortization	5,578	5,528	4,478	3,993
Other Amortization	266	223	212	211
Loss (Gain) on Sale of Assets	-1,717	-	-	-
Loss (Gain) on Sale of Investments	4	4	2	8
Loss (Gain) on Equity Investments	37	-239	-146	39
Asset Writedown	1,568	59	2	29
Restructuring Activities	81	75	34	22
Change in Accounts Receivable	-1,760	314	-1,701	-4,707
Change in Inventory	-620	-168	521	52
Change in Accounts Payable	1,262	-517	44	1,927
Other Operating Activities	1,638	2,076	2,754	2,692
Net Cash from Discontinued Operations	-24	-28	-96	-45
Operating Cash Flow	11,925	12,130	10,443	8,106
Operating Cash Flow Growth	-1.69%	16.15%	28.83%	-2.89%
Capital Expenditures	-8,209	-7,717	-6,466	-6,472
Cash Acquisitions	-243	-53	-	-536
Divestitures	5,680	239	-	21
Sale (Purchase) of Intangibles	-710	-541	-510	-591
Investment in Securities	-4,340	-1,058	-2,526	-1,537
Other Investing Activities	-567	-560	-651	-370
Investing Cash Flow	-8,397	-9,693	-10,154	-9,488
Long-Term Debt Issued	19,059	11,846	14,956	12,760
Long-Term Debt Repaid	-13,478	-9,555	-10,624	-7,905
Net Debt Issued (Repaid)	5,581	2,291	4,332	4,855
Issuance of Common Stock	79	110	91	73
Repurchase of Common Stock	-2,076	-2,787	-1,885	-1,897
Common Dividends Paid	-1,166	-949	-859	-570
Other Financing Activities	-4,685	-2,753	-1,497	-592
Financing Cash Flow	-2,267	-4,088	151	1,869
Foreign Exchange Rate Adjustments	-198	62	135	119
Net Cash Flow	1,063	-1,589	575	606
Free Cash Flow	3,716	4,413	3,977	1,634
Free Cash Flow Growth	-15.79%	10.96%	143.39%	-41.50%
Free Cash Flow Margin	8.31%	8.95%	7.37%	4.18%
Free Cash Flow Per Share	0.57	0.65	0.60	0.24
Cash Interest Paid	1,917	2,266	1,725	884
Cash Income Tax Paid	1,940	1,492	1,055	832
Levered Free Cash Flow	4,590	-3,907	6,030	-2,249
Unlevered Free Cash Flow	5,838	-2,613	7,092	-1,545
Change in Working Capital	-1,118	-371	-1,136	-2,728

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