Apple International Cash Flow Statement

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

Millions JPY. 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	1,046	1,534	1,276	1,692	550
Depreciation & Amortization	48	68	61	76	81
Loss (Gain) From Sale of Assets	5	-	4	2	-
Loss (Gain) From Sale of Investments	-498	-	-4	6	2
Loss (Gain) on Equity Investments	-194	-181	-237	-175	-218
Other Operating Activities	-291	47	-331	-10	-79
Change in Accounts Receivable	-987	-1,185	201	1,434	356
Change in Inventory	743	-1,439	-1,657	-2,960	1,251
Change in Accounts Payable	62	36	140	54	-46
Change in Other Net Operating Assets	-4	-88	272	-727	855
Operating Cash Flow	-70	-1,208	-275	-608	2,752
Capital Expenditures	-22	-24	-15	-17	-27
Sale of Property, Plant & Equipment	-	-	-	-	15
Cash Acquisitions	-	-	-	-	-11
Sale (Purchase) of Intangibles	-17	-1	-6	-	-7
Investment in Securities	500	-	-	-	-
Other Investing Activities	-76	-2	-1	-	-1
Investing Cash Flow	387	-25	449	-24	-437
Short-Term Debt Issued	-	1,198	700	800	-
Long-Term Debt Issued	1,699	1,399	450	1,000	1,920
Total Debt Issued	1,699	2,597	1,150	1,800	1,920
Short-Term Debt Repaid	-98	-	-	-	-900
Long-Term Debt Repaid	-1,366	-1,297	-1,172	-1,030	-1,080
Total Debt Repaid	-1,464	-1,297	-1,172	-1,030	-1,980
Net Debt Issued (Repaid)	235	1,300	-22	770	-60
Issuance of Common Stock	-	-	2	-	-
Repurchase of Common Stock	-	-	-45	-200	-
Common Dividends Paid	-187	-191	-64	-69	-69
Other Financing Activities	-13	-10	-9	-10	-6
Financing Cash Flow	35	1,099	-138	491	-135
Miscellaneous Cash Flow Adjustments	-	-	-1	-1	-
Net Cash Flow	352	-134	35	-142	2,180
Free Cash Flow	-92	-1,232	-290	-625	2,725
Free Cash Flow Margin	-0.22%	-2.81%	-0.94%	-2.14%	14.60%
Free Cash Flow Per Share	-7.13	-95.34	-22.39	-46.64	196.67
Cash Interest Paid	99	69	46	36	42
Cash Income Tax Paid	353	40	414	89	134
Levered Free Cash Flow	-34.25	-1,540	-747.38	-968	2,571
Unlevered Free Cash Flow	26.38	-1,497	-718.63	-946.13	2,598
Change in Working Capital	-186	-2,676	-1,044	-2,199	2,416

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