Covestro AG Cash Flow Statement

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

Millions EUR. 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	-644	-266	-198	-272	1,616
Depreciation & Amortization	847	825	836	879	813
Other Amortization	14	17	13	9	8
Loss (Gain) From Sale of Assets	-76	-65	-33	-3	-3
Asset Writedown & Restructuring Costs	226	142	45	462	2
Loss (Gain) on Equity Investments	15	2	19	15	13
Other Operating Activities	78	132	-18	-14	87
Change in Accounts Receivable	136	184	76	377	-462
Change in Inventory	202	-322	278	148	-987
Change in Accounts Payable	-268	181	-104	-213	722
Change in Other Net Operating Assets	-43	40	83	-418	384
Operating Cash Flow	487	870	997	970	2,193
Operating Cash Flow Growth	-44.02%	-12.74%	2.78%	-55.77%	77.72%
Capital Expenditures	-770	-781	-765	-832	-764
Sale of Property, Plant & Equipment	78	76	2	21	11
Cash Acquisitions	-27	-	-	-	-1,469
Divestitures	8	-	55	6	12
Investment in Securities	-624	221	-287	253	179
Other Investing Activities	40	61	70	75	36
Investing Cash Flow	-1,295	-423	-925	-477	-1,995
Long-Term Debt Issued	1,843	1,195	419	2,069	51
Long-Term Debt Repaid	-1,913	-1,609	-836	-1,074	-675
Net Debt Issued (Repaid)	-70	-414	-417	995	-624
Issuance of Common Stock	1,172	-	-	8	2
Repurchase of Common Stock	-	-	-49	-150	-
Common Dividends Paid	-2	-1	-4	-654	-251
Other Financing Activities	-132	-150	-169	-135	-92
Financing Cash Flow	968	-565	-639	64	-965
Foreign Exchange Rate Adjustments	-21	2	-6	-8	12
Net Cash Flow	139	-116	-573	549	-755
Free Cash Flow	-283	89	232	138	1,429
Free Cash Flow Growth	-	-61.64%	68.12%	-90.34%	169.62%
Free Cash Flow Margin	-2.19%	0.63%	1.61%	0.77%	8.99%
Free Cash Flow Per Share	-1.49	0.47	1.23	0.72	7.40
Cash Interest Paid	132	150	169	131	81
Cash Income Tax Paid	192	219	383	538	546
Levered Free Cash Flow	-580	246	231.63	514.25	838.13
Unlevered Free Cash Flow	-488.75	336.63	331.63	606.75	887.5
Change in Working Capital	27	83	333	-106	-343

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