Apple International Cash Flow Statement

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

Millions JPY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
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	2015 - 2019
Net Income	1,534	1,276	1,692	550	474	Upgrade
Depreciation & Amortization	68	61	76	81	97	Upgrade
Loss (Gain) From Sale of Assets	-	4	2	-	-	Upgrade
Loss (Gain) From Sale of Investments	-	-4	6	2	17	Upgrade
Loss (Gain) on Equity Investments	-181	-237	-175	-218	-147	Upgrade
Other Operating Activities	47	-331	-10	-79	-23	Upgrade
Change in Accounts Receivable	-1,185	201	1,434	356	-1,691	Upgrade
Change in Inventory	-1,439	-1,657	-2,960	1,251	-436	Upgrade
Change in Accounts Payable	36	140	54	-46	35	Upgrade
Change in Other Net Operating Assets	-88	272	-727	855	-59	Upgrade
Operating Cash Flow	-1,208	-275	-608	2,752	-1,733	Upgrade
Capital Expenditures	-24	-15	-17	-27	-133	Upgrade
Sale of Property, Plant & Equipment	-	-	-	15	2	Upgrade
Cash Acquisitions	-	-	-	-11	-191	Upgrade
Sale (Purchase) of Intangibles	-1	-6	-	-7	-13	Upgrade
Investment in Securities	-	-	-	-	9	Upgrade
Other Investing Activities	-2	-1	-	-1	-	Upgrade
Investing Cash Flow	-25	449	-24	-437	-320	Upgrade
Short-Term Debt Issued	1,198	700	800	-	2,410	Upgrade
Long-Term Debt Issued	1,399	450	1,000	1,920	1,040	Upgrade
Total Debt Issued	2,597	1,150	1,800	1,920	3,450	Upgrade
Short-Term Debt Repaid	-	-	-	-900	-	Upgrade
Long-Term Debt Repaid	-1,297	-1,172	-1,030	-1,080	-1,200	Upgrade
Total Debt Repaid	-1,297	-1,172	-1,030	-1,980	-1,200	Upgrade
Net Debt Issued (Repaid)	1,300	-22	770	-60	2,250	Upgrade
Issuance of Common Stock	-	2	-	-	-	Upgrade
Repurchase of Common Stock	-	-45	-200	-	-	Upgrade
Common Dividends Paid	-191	-64	-69	-69	-27	Upgrade
Other Financing Activities	-10	-9	-10	-6	-10	Upgrade
Financing Cash Flow	1,099	-138	491	-135	2,213	Upgrade
Miscellaneous Cash Flow Adjustments	-	-1	-1	-	-1	Upgrade
Net Cash Flow	-134	35	-142	2,180	159	Upgrade
Free Cash Flow	-1,232	-290	-625	2,725	-1,866	Upgrade
Free Cash Flow Margin	-2.81%	-0.94%	-2.14%	14.60%	-9.54%	Upgrade
Free Cash Flow Per Share	-95.34	-22.39	-46.64	196.67	-134.81	Upgrade
Cash Interest Paid	69	46	36	42	38	Upgrade
Cash Income Tax Paid	40	414	89	134	66	Upgrade
Levered Free Cash Flow	-1,540	-747.38	-968	2,571	-2,148	Upgrade
Unlevered Free Cash Flow	-1,497	-718.63	-946.13	2,598	-2,124	Upgrade
Change in Working Capital	-2,676	-1,044	-2,199	2,416	-2,151	Upgrade

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